Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Texas becomes first U.S. state to acquire US$5M in Bitcoin for strategic reserve, through a purchase made via Blackrock’s IBIT ETF. While Texas plans to self-custody its Bitcoin in the future, the ETF structure offers a compliant and accessible entry point as the state finalizes its custody framework. An additional US$5 million has been allocated for future purchases. This purchase has the potential to pave the way for how public entities and states adopt crypto treasury strategies.

2/ Klarna announced the launch of a new USD stablecoin built on Stripe’s Tempo chain, it is currently in the testing phase and is expected to debut publicly in 2026. KlarnaUSD is designed to lower cross-border payment costs and disrupt traditional payment systems by leveraging Klarna’s extensive customer base alongside the scalable, cost-efficient infrastructure of blockchain technology. This initiative exemplifies the increasing adoption of digital assets by financial institutions and underscores the broader industry shift toward next-generation payment solutions.

3/ Binance Wallet introduces on-chain stock trading, via a partnership with Ondo Finance, allowing users to trade over 100 tokenized stocks and ETFs. On-chain stock trading offers investors enhanced opportunities by providing 24/7 access to tokenized equities, enabling real-time portfolio management and hedging beyond traditional market hours. Furthermore, blockchain technology ensures transaction transparency and auditability, fostering greater trust among users concerned with conventional brokerage opacity.

Market sentiment improved as a turnaround in macro liquidity offset policy-driven headwinds. The December FOMC will navigate in a data vacuum.

For a deeper understanding of key market highlights, read our latest weekly commentary ⬇️
https://www.binance.com/en/research/analysis/weekly-market-commentary-2025-12-05/

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Binance secured a comprehensive global license from the Abu Dhabi Global Market (ADGM). This establishes the UAE as a top-tier regulatory hub and provides a crucial compliance foundation for Binance.com's global operations.

2/ Prediction market Kalshi enters the mainstream through its partnership with CNBC to integrate real-time prediction market data into financial news. This marks the highest-profile legitimization of event contracts as an alternative, mainstream financial forecasting tool.

3/ Ethereum completed the Fusaka hard fork, deploying Peer Data Availability Sampling (PeerDAS). The upgrade significantly cuts Layer-2 (L2) transaction fees (estimated 40%-60% reduction) and enables the L2 ecosystem to target 100,000+ TPS.

Time to look at December's market insights!

Discover the current market landscape and key insights on:
🔸 Macro Liquidity
🔸 AI Market Rotation
🔸 ETF Flows
🔸 Digital Asset Treasuries
…and more.

Read here ⬇️
https://binance.com/en/research/analysis/monthly-market-insights-2025-12/

The Fed makes a "hawkish cut" as stagflation concerns begin to surface. Meanwhile, Abu Dhabi cements itself as a global crypto hub, and Ripple gains momentum with investment from Citadel.

Stay ahead with this week’s market commentary from #Binance Research ⬇️
https://binance.com/en/research/analysis/weekly-market-commentary-2025-12-12

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Pakistan signed an MoU with Binance to explore tokenizing up to $2 billion in sovereign bonds and T-bills. This landmark move marks a shift toward state-level Real-World Asset (RWA) adoption, aiming to enhance liquidity and attract international investors by establishing a regulated digital finance framework.

2/ Standard Chartered and Coinbase are deepening their partnership to deliver a full suite of institutional crypto services, including trading, custody, and prime brokerage. This collaboration is crucial for building compliant and secure infrastructure, accelerating the seamless integration of global bank capital into the digital asset market.

3/ Brazil's largest private bank, Itaú Asset Management, formally advises investors to allocate 1% to 3% of their portfolios to Bitcoin. Citing low correlation and risk diversification, this recommendation further legitimizes BTC as a strategic, long-term portfolio component alongside traditional assets.

Macro data point to a synchronized slowdown (Inflation Consumer, PMI goes down, Unemployment ticking above key levels), raising the question of whether markets shift from “bad news is good news” to pricing recession risk.

Find out more from #Binance Research ⬇️
https://www.binance.com/en/research/analysis/weekly-market-commentary-2025-12-19

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ DTCC partners with Digital Asset Holdings to tokenize custodied U.S. Treasury securities on the Canton Network. The collaboration aims to launch a minimum viable product in a controlled production environment by mid-2026, with plans to expand based on client demand.

2/ MetaMask introduced native Bitcoin support, expanding Bitcoin access to its users. This move builds on recent expansions, including support for Solana, perpetuals trading via Hyperliquid, and the rollout of Polymarket, strengthening MetaMask’s cross-chain functionality.

3/ Visa launches U.S. stablecoin settlement using USDC issued by Circle on Solana. This enables faster, seven-day fund transfers with enhanced operational resilience while maintaining existing consumer card experiences. Visa would also serve as a design partner and validator for Circle’s new Layer 1 blockchain, Arc, helping support on-chain commercial activity.

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Russia to officially recognize cryptocurrency as a currency asset and open market access to all investors. Under the proposed regulatory framework by the central bank, ordinary citizens are permitted to trade cryptocurrencies on regulated platforms with limits for non-qualified investors. This move supports wider use of Russian-issued digital financial assets and bolster crypto services offered by existing financial firms. Notably, Sberbank has piloted a loan secured by cryptocurrency collateral, marking a significant milestone in the country’s adoption of digital assets.

2/ U.S. House lawmakers introduce a draft on digital asset taxation for stablecoins and staking, aiming to eliminate compliance burdens on small daily transactions. The proposed bill seeks to exempt transactions under US$200 involving regulated, U.S. dollar-pegged stablecoins from capital gains taxes. Only stablecoins issued by permitted issuers under the GENIUS Act, maintaining a price within 1% of US$1.00 for 95% of trading days in the past year, qualify, excluding brokers and dealers. Additionally, taxpayers may defer taxation on mining and staking rewards for up to five years, after which they would be taxed as ordinary income at fair market value.

3/ Hong Kong proposes to open up crypto markets to insurers under stringent capital requirements. The Hong Kong Insurance Authority (HKIA) is proposing new regulations that would permit the city’s 158 authorized insurers to invest in digital assets. While this marks a cautious institutional embrace of crypto, the regulator maintains a conservative risk framework. Under the proposal, insurers must hold a one-to-one reserve for every dollar invested in crypto which serves as a protective buffer against the well-known volatility of digital assets.

In our latest report, we provide an overview of the crypto industry by highlighting projects across multiple sectors.

We spotlight themes such as Privacy, x402, Crypto ETFs and others in this report.

Check it out 🔽
https://binance.com/en/research/analysis/industry-map-dec25

Happy Monday! Start your week with Binance Bytes, a snapshot of the latest market developments.

Highlights 🧵:

1/ Scheduled for January 14, 2026, the Fermi upgrade reduces BNB Chain's block time from 750ms to 450ms via BEP-619 and other proposals, potentially tripling throughput to enhance DeFi and time-sensitive applications. The upgrade further entrenches the chain as an EVM-compatible, high-throughput alternative to Solana.

2/ The Lighter Perp DEX airdropped 250 million LIT tokens (25% of supply, valued at ~US$650M at launch) to early users based on their points earned, with no vesting. 50% of total supply is allocated to team and investors, with the remaining 25% reserved for future incentives and growth initiatives. Post-airdrop, LIT price dropped ~30% and ~20% of protocol TVL exited quickly, illustrating ongoing challenges in retaining mercenary capital in competitive markets.

3/ Walmart's OnePay app now allows users to hold, trade, and convert Bitcoin (and Ethereum) to cash for checkout payments through partner Zerohash, potentially exposing 150 million weekly shoppers to crypto. This pragmatic hybrid model targets underbanked consumers and normalizes digital assets in retail.