December 5th, Franklin Templeton officially released details of its spot Solana ETF. The initial SOL holding of the ETF is 17,000 tokens (held in custody by Coinbase Custody), with a holding market value of approximately $2.4 million. Additionally, the current circulating shares of the ETF are 100,000, with a trading fee rate of 0.19%.Franklin Templeton stated that the foundation will stake the held SOL to earn rewards, and will include the related SOL staking rewards in its income.

December 5th, the US 10-year Treasury yield rose by 2 basis points to 4.12%, hitting a new high since November 2020.The US 30-year Treasury yield rose to 4.78%, reaching a new high since September 25th. (Krypton)

December 5th, Wang Yongli, former Vice President of a Chinese bank, published an article titled "Why Is China Resolutely Stopping Stablecoins?" The article stated that China is accelerating the development of the digital yuan and has clearly defined its policy orientation to resolutely curb all virtual currencies, including stablecoins. This decision is based on comprehensive considerations such as China's leading position in mobile payments and the digital yuan, the sovereignty and security of the renminbi, and the stability of the monetary and financial system.With the global spread of USD stablecoins, increasingly sharp and complex international relations, and intensified international monetary competition, the impact on how the renminbi innovates and develops, maintains national security, and achieves the strategic goal of becoming a powerful currency and financial powerhouse is significant and far-reaching. Therefore, it is necessary to calmly analyze and accurately grasp early decision-making. One must neither be indifferent nor hesitant, nor blindly follow the trend and make directional and disruptive mistakes. Wang Yongli believes:· USD stablecoins have already monopolized the global market, leaving almost no room for non-USD stablecoins to survive;· US stablecoin legislation primarily serves its own interests and may backfire on the stablecoin system;· Promoting a renminbi stablecoin not only lacks advantages but may instead threaten renminbi sovereignty and financial security;· Stablecoins and virtual currencies pose significant risks in terms of cross-border money laundering, fraud, etc.;· China already holds a global leading position in mobile payments and the digital yuan, therefore, there is no need to follow the USD stablecoin route.

December 5th, as this critical time approaches this Friday, Wall Street's attention is collectively focused on the upcoming September Personal Consumption Expenditures (PCE) Price Index. As the Federal Reserve's preferred inflation gauge, this report is not only the first official inflation reading released since late September, but is also seen as the "lode star" for whether the U.S. stock market can break out of its recent volatility and establish its future direction.Due to the previous government shutdown causing a delay in data release, the market has been filled with a significant amount of uncertainty. Investors, analysts, and even Federal Reserve officials themselves are eagerly awaiting this delayed report to clear up the economic fog.At 23:00 today, the U.S. September Core PCE Price Index YoY will be announced, with a previous value of 2.9%. The overall PCE YoY is expected to record 2.8%, a slight increase from August's 2.7%. If this forecast comes true, it will be the highest level since April 2024; PCE MoM is expected to remain at 0.3%, matching the previous value.This PCE report is not only an economic check-up, but also the final puzzle piece for the Federal Reserve before next week's interest rate meeting. Currently, the Federal Reserve is in the midst of a fierce tug-of-war over its congressionally mandated "dual mandate" - to maintain low inflation and high employment. If the PCE data confirms that inflation is gradually declining (or meeting expectations), it will provide Fed officials with more justification for rate cuts, further solidifying the market's bet on a rate cut in December. If the data unexpectedly "exceeds expectations", it will not only weaken the case for a rate cut, but may even force the Federal Reserve to maintain rates in the current range of 3.75%-4%.

December 5th, the European Commission plans to transfer regulatory power over cryptocurrency companies to the European Union's market supervisory authority as part of a "comprehensive integration" of the financial markets. The European Commission stated that bringing cryptocurrency regulation under the purview of the European Securities and Markets Authority (ESMA) would make regulation more effective and facilitate cross-border activities.This move aims to address the decentralization issue caused by regulatory differences among the 27 member states. Previously, individual national regulatory authorities, including France's AMF, Austria's FMA, and Italy's Consob, had expressed concerns about the implementation of MiCA and called for ESMA to strengthen oversight. The proposal still needs to be negotiated and approved by the European Parliament and the European Council.

December 5th, pre-market trading saw a general decline in cryptocurrency-related stocks in the US stock market, including:· MSTR down 0.49%;· COIN down 0.01%;· HOOD down 0.06%;· SBET down 0.63%;· BMNR down 1.21%;· CRCL down 0.33%.

December 5th, according to OnchainLens monitoring, a BlackRock address deposited 1,385 BTC worth $1.263 billion and 799 ETH worth $2.5 million into Coinbase.

December 5th, Bitget announced today that its AI-powered trading assistant GetAgent has successfully completed feature iteration and equity upgrade. GetAgent can automatically adjust its response based on the question scenario, providing precise and rapid answers or generating in-depth analysis reports. Additionally, the GetAgent membership system has been fully updated, and all users can now access more daily query times and in-depth research quotas.As an intelligent assistant integrating AI algorithms, real-time data, and over 50 professional-grade MCP tools, GetAgent can intelligently analyze market dynamics through natural language interaction, integrate position preferences, and generate personalized trading strategies for users. This feature upgrade aims to allow more users to easily experience intelligent decision-making and improve digital asset management efficiency.

December 5th, Multi-chain DeFi wallet Talisman officially launched its native token SEEK today, marking the entry of AI-driven DeFi into a new phase. The SEEK token has a total supply of 100 million, with the TGE project valued at $60 million.Talisman's token allocation emphasizes long-term ecosystem development, with the specific distribution as follows:· Community & Ecosystem (50%): Staking rewards, LP incentives, ecosystem grants, community initiatives, and liquidity· Team (15%): Core team and early contributors· Investors (20%): Strategic investors and IDO participants· Foundation (15%): For ecosystem development and long-term strategic reservesTalisman is a multi-chain wallet and Web3 gateway that helps users secure and scale their crypto assets in a secure and intuitive manner. As the core intelligence layer of the new generation of smart finance, Talisman has connected to over 900 networks including EVM, Solana, Substrate, Bittensor, and more. It securely manages assets worth over $2 billion, providing users with automated, customizable on-chain yield strategies through its AI Agent while maintaining asset self-custody.

December 5th, according to official sources, Pendle has released its 2025 Year in Review summary: the platform's average TVL in 2025 reached $5.8 billion, with a peak of $13.4 billion, representing a 79% increase compared to the previous year. The total trading volume was $47.8 billion, a 36.5% year-on-year increase. The number of users increased by 155,553, a 48% growth over 2024. The platform's main investment breakdown was 85% stablecoins, 3% Bitcoin, 5% Ethereum, and 7% other assets. Pendle provided $58 billion in fixed income, a 161% year-on-year increase.In 2025, Pendle launched the product Boros, which achieved a trading volume of $5.5 billion within 4 months, with an open interest volume of $80 million, accounting for 0.04% of the total market size. In the $200 billion investment market, Boros still has significant room for growth.