Mars Finance reports that Ethereum L1 processed 1,913,481 transactions on December 23, setting a new record for the highest daily transaction volume in 2025, with an average transaction fee of $0.16.

Bitcoin reached a high of $126,000 on October 6th and was subsequently liquidated for $19 billion, currently around $87,000. Market divergence persists, with analysts pointing out that the four-year cycle is shifting in favor of global liquidity and sovereign adoption, while most top traders maintain a short-term bearish outlook.

Recently, the Aave community has experienced governance disputes over the attribution of front-end commercialization revenue, which has triggered a re-examination of governance structure and business boundaries. In this round of governance controversy, the development entity Aave Labs, after integrating CoW Swap into the application front end, saw the additional fees generated from related transactions flow directly to addresses controlled by Labs, leading to community disputes over revenue transparency, brand asset ownership, and governance rights boundaries. In response to this issue, the community officially proposed the ARFC proposal, with the core demand to clarify the governance ownership of Aave brand assets and other related intangible assets, requiring the transfer of domain names, social media accounts, and brand-related intangible assets to DAO management. Currently, this proposal has entered

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Author | Andrei Jikh
Translator | Odaily Planet Daily (@OdailyChina)
Translator | Dingdang (@XiaMiPP)
At the recent Eastern Economic Forum held in Russia, one of Putin's closest advisors made a statement that drew widespread attention. He stated that the United States is preparing to use cryptocurrencies and stablecoins in a nearly imperceptible way to devalue its national debt of up to $37 trillion.
His claim is: the US is secretly planning to "migrate" this debt into a crypto system, completing a systemic reset through the so-called "Crypto Cloud," with the ultimate result being that other countries in the world will foot the bill.
At first glance, this might sound like some crazy theory. But similar views have actually appeared before. MicroStrategy

Mars Finance reports that, according to Cointelegraph, the Philippine internet service provider (ISP) has begun blocking major cryptocurrency trading platforms. This comes after regulators started to strengthen local licensing oversight of cryptocurrency service providers. Some users have reported that Filipino users are unable to access global cryptocurrency exchanges Coinbase and Gemini, and multiple local ISPs are unable to access these two platforms. The ISP blocking actions are carried out under orders from the National Telecommunications Commission. The order instructs service providers to restrict access to 50 online trading platforms that the Bangko Sentral ng Pilipinas (BSP) has deemed to be operating without authorization. The BSP has not published a complete list of affected platforms. However, this change indicates that local regulators are shifting from an informal tolerant attitude to enforcement, and local licensing will become

Spot gold first broke through $4,500 per ounce, with an increase of over 70% this year, potentially marking the best annual performance. Central banks around the world are increasing their gold purchases, with Russia holding the largest reserves, followed by China, India, and Turkey among emerging economies.

Mars Finance reports that CryptoQuant published an analysis indicating that the on-chain Bitcoin indicator BCMI continues to decline, currently below the equilibrium level but still above the historical bottom region. Analysts believe this suggests that the market is not only experiencing a cooling phase but also undergoing a structural reset through price and on-chain momentum. Historical data shows that the cycle bottoms in 2019 and 2023 occurred when BCMI reached the 0.25-0.35 range. From a data perspective, the current market may be transitioning into a bear market phase rather than a simple correction, with the market in a downward transition stage rather than a complete reset.

Mars Finance reports that on December 24, CNBC reported that the Trump administration has imposed visa bans on Thierry Breton, the mastermind behind the Digital Services Act (DSA), and four anti-misinformation activists, accusing them of scrutinizing American social media platforms. U.S. Secretary of State Marco Rubio stated in a release: "The State Department is taking decisive action against five individuals who organized efforts to pressure American platforms into censorship, revoke their profit-making privileges, and suppress American viewpoints they oppose. These radicals and weaponized NGOs have driven foreign government censorship repression—targeting American speakers and American companies each time. Therefore, their entry into the United States could have serious negative diplomatic consequences." According to reports, Breton served as an EU Commissioner from 2019 to 2024.

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Author: Prathik Desai
Compiled by: Chopper, Foresight News
As a steadfast bullish investor in ETH, I have developed a frustrating habit this year. Every day, I open the ETH price chart and silently calculate how much my investment portfolio has lost. After the calculation, I close the market page, hoping to turn losses into gains sooner rather than later.
As the year comes to an end, I believe most investors who bought ETH at the beginning of the year are probably feeling disappointed. However, over the past 12 months, despite ETH's price performance and wealth appreciation not being very impressive, the Ethereum blockchain has stood out among its competitors.
If "making money" is the standard, 2025 is undoubtedly a terrible year. But from a perspective beyond token returns, holding in 2025