FameEX Morning Crypto News Recap | December 8, 2025
2025-12-08 04:14:12SEC Chairman Declares: Bitcoin Will Become the Backbone of Global Finance
SEC Chairman stated Bitcoin and broader crypto assets are poised to become the core foundation of the global financial system in the coming years, calling the shift “the direction of world development” as traditional infrastructure gradually transitions to crypto-native technology.
SEC Chair Sees Full Blockchain Adoption in Two Years
On December 7, SEC Chairman Paul Atkins announced that U.S. financial markets are expected to fully transition to blockchain technology underpinning Bitcoin and cryptocurrencies within the next two years.
U.S. Treasury Chief Predicts Robust 3% Annual GDP Growth
U.S. Treasury Secretary Bessent announced on Dec 8: America’s GDP will grow 3% this year.
USDT Supply Explodes Past $190 Billion in Fresh ATH
Coingecko latest data shows Tether (USDT) total supply has surpassed 190 billion, currently at 191.1 billion tokens. Circulating supply reached 185.63 billion with a market cap of $185.93 billion, both figures achieving new all-time highs.
K33 Research: December 2025 Set to Become Crypto’s Critical Juncture
K33 Research senior analyst Vetle Lunde declared December may become the decisive turning point for cryptocurrencies. Markets are excessively fearful of remote risks — quantum computing threats and potential Strategy (MSTR) Bitcoin sales — while largely ignoring major bullish catalysts, including imminent 401(k) crypto inclusion and a more supportive Federal Reserve stance. Bitcoin’s current valuation heavily reflects panic rather than fundamentals. Lunde views the month as offering a rare opportunity.
Glassnode: Market Structure Now Resembles the Opening Chapter of 2022’s Bear Market
Glassnode weekly report highlights striking parallels between today’s market and the early 2022 bear market. Open interest has fallen steadily since November, reflecting diminishing risk appetite, deleveraging.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.