Mars Morning News | The crypto market rebounds across the board, Bitcoin rises above $94,500; The “CLARITY Act” draft is expected to be released this week
Crypto Bot Posted On December 10, 2025 Introduction: A Strong
Good morning, crypto enthusiasts! The
as Market Cap Hits $3.26 Trillion
The crypto market has staged a full recovery, with Bitcoin (BTC) touching $94,500 this morning before settling around $92,900, marking a 2.48% increase over the past 24 hours. Ethereum (ETH) nearly hit $3,400, now trading at $3,332 with a robust 6.69% gain. The total market capitalization stands at $3.263 trillion, up 2.7% in the last day.
Altcoins are stealing the spotlight too. Standouts include:
- ZEN: +19.11%
- LUNA: +18.22%
- AXL: +17.88%
- HYPER: +14.78%
- WIF: +12.89%
This broad-based rally suggests renewed investor confidence, possibly fueled by regulatory optimism and positive macro signals. In traditional markets, US indices were mixed—Dow down 0.37%, S&P 500 off 0.09%, Nasdaq up 0.1%—but crypto concept stocks shone brightly:
- MicroStrategy (MSTR): +2.89%
- Circle (CRCL): +5.93%
- Coinbase (COIN): +1.15%
- MARA Holdings (MARA): +1.66%
- Riot Platforms (RIOT): +3.68%
- BitMine Immersion (BMNR): +9.32%
- SharpLink Gaming (SBET): +4.88%
These gains reflect growing institutional interest as Bitcoin’s momentum spills over into equities.
<"CLARITY Act" Draft> on the Horizon: A Game-Changer for Crypto Regulation?
Excitement is building around US crypto regulation. Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) outlined Congress’s path forward at a recent Blockchain Association summit. Lummis revealed the <"CLARITY Act"> (Market Structure Act) draft will drop by week’s end, followed by hearings and a vote next week.
Bipartisan talks are progressing smoothly after last week’s first joint meeting. “Nothing is blocking this bill,” Lummis noted. This comes after years of stalled efforts. The House passed its version in July, and Senate committees are advancing drafts to delineate roles between the SEC and CFTC. Key features include defining “ancillary assets” (non-securities cryptos) and boosting CFTC powers.
Why it matters: Clear rules could unlock trillions in institutional capital by reducing uncertainty. Expect volatility around hearings, but long-term, this positions the US as a crypto innovation hub.
Whale Watch: “1011 Insider Whale” Nets $16.8M on ETH Longs
On-chain data shows the mysterious “1011 Insider Whale” holding $268 million in ETH perpetual longs at 5x leverage (entry: $3,108). Unrealized profits? A cool $16.8 million. They’re eyeing more with a $63 million limit order at $3,280. Such massive bets from whales often foreshadow bigger moves—watch for ETH testing $3,400 again.
CZ Rocks Trump Bitcoin Sneakers: A Nod to Crypto Culture
Binance founder CZ shared a fun post wearing the limited-edition Trump “Bitcoin Sneakers”—orange-yellow high-tops emblazoned with the ₿ symbol. Gifted by a friend, CZ called them an NFT too. Limited to 1,000 pairs at $499, they sold out fast and now fetch $700-$2,500 resale. It’s a lighthearted blend of politics, memes, and crypto fandom amid Trump’s pro-crypto stance.
Musk Reflects on DOGE: “Somewhat Successful” But No More Government Gigs
Elon Musk, in a recent podcast, deemed his Department of Government Efficiency (DOGE) stint “somewhat successful.” The spending-cut initiative drew from online memes but faced backlash. Musk vows to stick to his companies henceforth, touching on AI, immigration, and minimal government. Post-controversy, he’s mended ties with Trump.
Coinbase Updates: STG to ZRO Migration and HYPER Listing
Coinbase users holding Stargate Finance (STG) must manually migrate to LayerZero (ZRO) via self-custody wallets—no auto-conversion. No deadline yet, so act soon.
Great news for HYPER fans: Coinbase lists Hyperlane (HYPER) spot trading (HYPER-USD) starting around 01:00 UTC+8, if liquidity holds. Available on web, app, Advanced Trade, and Prime.
SpaceX Eyes Massive $1.5T IPO
SpaceX aims for a historic IPO in H2 2026 at ~$1.5 trillion valuation, raising over $30 billion. Projections: $15B sales in 2025, $22-24B in 2026. This could dwarf past tech debuts, blending space tech with Musk’s empire.
Strive’s $500M Raise for Bitcoin Buys
Bitcoin reserve firm Strive (ASST/SATA) launched a $500M ATM for Series A preferred stock. Proceeds target BTC purchases, working capital, acquisitions, and more. A bullish signal for corporate Bitcoin adoption.
Cosine on Zcash: Balanced Privacy Wins Regulators
SlowMist’s Cosine addressed Arkham’s Zcash de-anonymization findings: Not new—Zcash offers optional privacy (z-addresses shielded, t-addresses transparent). Unlike Monero’s default anonymity, this “balanced” approach appeals to regulators and exchanges, potentially aiding mainstream adoption.
Huang Licheng’s ETH Rollercoaster: Back in Profits
Machi Big Brother (Huang Licheng) rode ETH’s waves: Liquidated last week after $2.84M profits, now at $1.35M unrealized gains on fresh longs. A reminder of crypto’s volatility even for pros.
Musk’s AI Roadmap: Grok 4.20 Soon, Grok 5 Eyes AGI
Grok 4.20 drops in ~3 weeks, Grok 5 in months. 4.20 excels in trading sims (12-47% returns); 5 targets AGI with 6T params and instant learning. xAI’s push heats up the AI race.
Trump’s Fed Chair Hunt: Interviews This Week
President Trump starts final Fed chair interviews, hinting he “already has the right person.” Kevin Hassett leads, but Kevin Warsh meets soon. Announcement possibly early 2026—crypto markets will watch for rate signals.
Market Outlook: Fundamentals Meet Speculation
Today’s news blends strong rebounds, regulatory hope, whale action, and big-picture moves from Musk/Trump. While speculation drives short-term hype, watch for sustained buying on CLARITY progress. Altcoin rotations (ZEN, HYPER) hint at ecosystem shifts—position accordingly. Stay tuned for updates as the week unfolds.
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