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  • 21:58
    Analysis: Ethereum active addresses drop to lowest level since May, with network demand and price cooling simultaneously
    Jinse Finance reported that CryptoOnchain posted on the X platform that activity on the Ethereum network is cooling down, with the 7-day moving average of active addresses dropping to 327,000, marking the lowest level since May 2025. This figure has contracted significantly from the August peak of 483,000, indicating a clear decline in on-chain participation. During the same period, the price of ETH has pulled back from around $4,800 to approximately $3,100, further confirming the trend of weakening demand. The correlation between price and activity suggests that demand for block space is decreasing, with some retail or short-term participants exiting the market. In a healthy bull market cycle, price increases are usually accompanied by an expansion in network usage, rather than contraction. Therefore, a sustained rebound in the number of active addresses would be a key on-chain signal of renewed demand and momentum.
  • 21:10
    USDe supply drops to 6.526 billions
    According to Jinse Finance, data from the DeFilama platform shows that as of December 14, the supply of USDe has fallen back to 6.526 billion, with a 2.99% decrease over the past 7 days.
  • 20:22
    The US SEC will issue guidelines for cryptocurrency custody services
    Jinse Finance reported that the U.S. Securities and Exchange Commission (SEC) released an investor guidance announcement on Friday regarding crypto wallets and custody, outlining to the public the best practices and common risks associated with different forms of crypto asset storage. The SEC's announcement listed the pros and cons of various crypto custody methods, including a comparison between self-custody and third-party custody of digital assets. If investors choose third-party custody, they should understand the custodian's relevant policies, including whether the custodian will "re-pledge" the assets (profiting by lending out the assets), or whether the service provider will commingle client assets in a single pool rather than holding crypto assets separately in individual client accounts.
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