After Bitcoin broke through $87,000, MYX Finance and Pump.fun stood out, raising expectations for the altcoin season. MYX needs to break through $3.5 to be bullish, while PUMP needs to break through $0.0052. Trading Volume and market sentiment will be key to short-term performance.

OpenEden has just officially announced that it has secured a new round of strategic financing, with investors including well-known institutions such as Ripple and Lightspeed Faction. The project has a strong background, and its future development is worth following.

[Block Rhythm] At the beginning of December, there was new movement in the DeFi track - Zoo Finance secured $8 million in strategic investment. This round of financing was led by Bitrise Capital, with several institutions including Signum Capital, Certik Ventures participating as well, and TOP, CGV Funds and Cryptomeria also got involved. It seems that the enthusiasm for DeFi protocols from capital is still ongoing.

[Coin World] Just noticed a significant on-chain activity: an address associated with the WLFI team transferred 73.16 million WLFI to a top exchange 13 hours ago, which is approximately 11.11 million USD at the time of the transaction.
Transfers of this magnitude usually deserve attention. Is the team adjusting its capital allocation? Or is it preparing to take some other action? The on-chain data is right there, but the intentions behind it still need to be observed.

[Coin World] Interesting discovery: An old player who got on board during the Ethereum genesis in 2015 spent about $12,000 to buy 40,000 ETH. After being silent for a full decade, he recently made a move—not dumping but staked all this asset now worth $120 million. What does this operation signify? Either he truly believes in the long-term value of ETH, or he has so much money that he's too lazy to act. Ten years of unyielding Holdings, this level of resolve is indeed impressive.

XMAQUINA has secured a new round of funding in the Web3 Bots sector, led by Borderless, with multiple investment institutions following up. The team plans to conduct a final community pre-sale aimed at strategic partners, with details to be announced soon.

[比推] Interesting moves are coming. In the past two hours, the buddy has been frantically increasing the long order for ETH.
Latest data: His 25x leveraged long order position has surged to $8.8 million, holding 3138.88 ETH. It is important to note that the liquidation line is at $2721 - this position is not very safe.
Looking back at the timeline: last night's drop directly blew up his long order. But this guy immediately stuffed $250,000 into his Hyperliquid wallet and continued to go all-in on long.
This operation is either extremely optimistic about the ETH rebound or... you know what I mean. Anyway, the liquidation price is right there, and whether ETH can hold above $3000 will directly determine the fate of this position.

CZ's family office YZi Labs initiated a board coup against CEA Industries due to serious damage to shareholder rights, with the stock price having evaporated by 89%. As the funding party, YZi Labs hopes to regain control to prevent further losses, and the subsequent developments are worth following.

[Coin World] Just now, on-chain monitoring captured a significant action — a hosted wallet of a certain compliance institution platform transferred nearly 440,000 SOL, amounting to approximately 55.95 million dollars at the current price.
Transfers of this magnitude are usually not just for fun; they could be institutions adjusting their positions or large clients requesting withdrawals. The specific wallet address for the destination has not yet been tagged for identity, and if there are more associated transactions in the future, we may be able to discern some insights.
The recent price fluctuations of SOL have been quite significant, and it's quite intriguing that institutions are moving so many coins at this timing.

[Block Rhythm] Recently, miners have not been having a good time.
According to F2Pool's statistics, the overall network difficulty has been running at a high level. If electricity costs 0.06 USD per kilowatt-hour, a large number of old miners can no longer sustain this. The entire Antminer S19 series, the S17 generation, as well as Avalon A12/A13, and Shenma M20/M30 machines have all reached a shutdown price basically in the range of 90,000 to 100,000 USD, with some even higher. At the current price of cryptocurrencies, these machines are losing money when running, and they are basically on the verge of being powered off.
But the new machine is a different story.
The S23 water-cooled version, with a shutdown price of about $32,200, is still making a profit. S21

A Bitcoin address that has been dormant for nearly 16 years has recently become active, with 50 BTC in the account now worth approximately $4.32 million. This development has attracted market attention, as the actions of early holders may convey important signals.

[Coin World] There is a noteworthy development on the news front - Trump will meet with the Fed chair candidate this week. However, judging by his previous statements, Hassett has basically locked in this position. This matter will have some impact on market sentiment, as the Fed's monetary policy is directly related to liquidity and the performance of risk assets.

On December 2, Bitcoin suddenly plummeted, briefly breaking through the $84,000 mark, with a drop of over 8%. The total market capitalization of the crypto market directly fell below the $3 trillion threshold.
The worst is yet to come. In the past 24 hours, the total liquidation amount across the network reached 974 million dollars, with long positions buried at 851 million. More than 260,000 people went completely to zero. This is a thorough massacre of long positions.
Arthur Hayes quickly pointed out the real culprit: the Bank of Japan hinted at a possible interest rate hike in December. The USD/JPY has been fluctuating between 155-160, indicating that the Bank of Japan is serious this time. Threshold Network co-founder Maclane Wilkison also agreed with this assessment, "The Bank of Japan has released a signal for an interest rate hike, leading to an immediate tightening of global liquidity expectations, and risk assets naturally cannot withstand it."
At the same time, the story of Strategy also begins to change.

[Coin World] Bitcoin has shown relatively stable performance today, with the latest quote hovering around $87,100. It has experienced a slight pullback of 0.23% in the past 24 hours, with overall fluctuation remaining minor. The trading activity in the market remains strong, with a daily transaction volume reaching $62.732 billion and liquidity remaining ample. BTC is currently oscillating and consolidating within this price range, with both bulls and bears temporarily in a stalemate.

Investor Michael Burry publicly shorted TSL, believing that its valuation is too high. Known for his contrarian thinking, his choice of TSL this time indicates his deep reflection on the market and suggests that TSL's future trend will attract more attention.

[Block Rhythm] The regulatory actions in the U.S. are quite fast. FDIC Acting Chairman Travis Hill plans to reveal some details at the House Financial Services Committee hearing on Tuesday — they will release the first batch of implementation rules for the "National Innovation Stablecoin Guidance Act" (the GENIUS Act) by the end of this month. In other words, they want to set application standards and regulatory rules for institutions that wish to issue stablecoins.
Travis Hill has already started drafting rules, and it is expected that at the beginning of next year, prudential requirements will be introduced for payment stablecoin issuers under the jurisdiction of the FDIC—this sounds quite formal, and it is estimated that there will be requirements regarding capital and reserves. Additionally, it is worth noting that the FDIC is also researching how to define and regulate tokenized deposits based on the recommendations from the presidential digital asset market working group. This trend will have implications for traditional banks looking to engage in on-chain business.

[Block Rhythm] Yesterday the market staged a bloody drama again. In 24 hours, the entire network evaporated 974 million USD directly, and the guys who went long suffered the most, losing 851 million, while the bearish traders only lost 123 million. Over 260,000 accounts dropped to zero directly, with the harshest single liquidation occurring on Hyperliquid's ETH contract — a single liquidation of over 15.6 million USD. How many people's dreams were shattered at three in the morning with this wave of operation? Leverage is really not something everyone can play with.

【Coin World】Just detected a significant on-chain movement — Gemini has transferred 1,653 Bitcoins to a new address, amounting to approximately 143 million USD at current prices.
Transfers of this scale usually attract market attention. It could be an internal reallocation within the exchange, or it might be institutional funds being reallocated. The specific destination has not yet been publicly disclosed, but the movement of BTC at this scale is worth monitoring for future developments.

[Coin World] Today, global bond yields soared, and Wall Street couldn't hold up either - the S&P 500 and Nasdaq 100 both fell slightly by 0.1%. Even worse is Bitcoin, which plummeted over 6%, with the price crashing to $85,000, dragging a host of encryption concept stocks down with it.
The most heartbreaking case is MicroStrategy. As a major corporate hoarder of coins, they just lowered their profit forecast for this year and then announced they would sell stocks to raise $1.44 billion in reserves. The market directly voted with its feet—stock prices plummeted by 10%. This move truly left investors bewildered.

【Coin World】The presale of the GeeFi project is quite popular. The token price for the second round is $0.06, and the first round raised $500,000 in the blink of an eye.
They have built a fairly complete ecosystem: non-custodial wallets, DEX, and crypto debit cards. Analysts have calculated the figures—based on the planned listing price of $0.40, the theoretical return could reach 667%. Even more attractive is the staking part, where the annualized yield can reach up to 55%.
However, this high yield expectation should be viewed rationally, as market fluctuations are unpredictable. The project party has drawn a big pie, but whether it can be realized still needs to be observed in subsequent actions.