TokenSherpa

【Blockchain Rhythm】Polymarket has recently exhibited an interesting phenomenon. An address named "JaneStreetIndia" has been engaging in high-frequency trading of "15-minute prediction of rise or fall," accumulating nearly $360,000 in profit in a short period.
According to community analysis, this account is very likely a trading bot developed by the quantitative trading firm Jane Street. Its operation method is quite unique—mainly placing simultaneous bets on both sides, but with a key point: it only acts when the total cost is less than $1. For example, betting on the rise costs 48 cents, betting on the fall costs 46 cents, totaling 94 cents. After market settlement, the odds for one of the directions become $1, and if a volatility opportunity arises, it will precisely choose the favorable side.
Currently, this account has been renamed to "Account88888." Data shows

The current crypto market's Fear and Greed Index is at 23, still in the extreme fear zone, indicating that market participants' panic sentiment has not significantly improved. The index combines multiple dimensions such as volatility, trading volume, and social media activity.

Last week, silver performed strongly, but then the silver price dropped sharply by over $7, setting a record for nominal decline. Gold also fell by nearly 4%. Market liquidity severely contracted, with sentiment dominating trading, leading to increased price volatility, and hedge funds and market makers reducing their participation.

Silver is expected to increase by 130% in 2025, and analysts predict the upward trend will continue into 2026. Silver breaks through a 45-year technical pattern, indicating significant room for growth. Gold is also expected to challenge $5,000 in 2026, with a short-term correction anticipated. Investors should pay attention to key milestones.

Lighter founder reveals that they are introducing Turing-complete zero-knowledge circuits, aiming to enable ZK systems to support more complex custom logic. This technology could enhance the privacy, efficiency, and flexibility of Perp DEX, signaling industry confidence in the project's future.

【BlockBeats】A recent wealth tax proposal in California has caused quite a stir in the crypto industry. The proposal, called the "2026 Billionaire Tax Act," requires individuals or entities with a net worth exceeding $1 billion to pay a 5% tax to supplement the state's healthcare system and government assistance programs.
The most challenging aspect of this policy is that it targets not only realized gains but also unrealized gains. This means many billionaires may be forced to sell stocks or parts of their businesses to cover the taxes. The payment options are relatively flexible — they can pay in one lump sum or over five years with interest.
Once the news broke, prominent figures in the cryptocurrency space immediately voiced their opposition. Industry veterans like Bitwise CEO Hunter Horsley and Kraken co-founder Jesse Powell pointed out that such a tax policy would only push the wealthy to leave California, ultimately leading to

In the Solana DEX trading ecosystem, arbitrage activities are very active. Data shows that approximately 30% of transactions are arbitrage trades, mainly executed through aggregators Jupiter and DFlow. Jupiter accounts for 90% of the market share, with atomic arbitrage and portfolio arbitrage constituting significant portions of the trades, affecting liquidity and trading efficiency.

The Bank of Japan meeting signals a potential interest rate hike, facing a dilemma of inflation pressure and limited room for rate increases. Despite the rate hike, real interest rates remain negative, affecting savings purchasing power and global liquidity, which could have a significant impact on risk asset investors' sentiment.

Dogecoin has performed well recently, with trading prices stable above $0.12 and a total market capitalization approaching $2.97 trillion. Technical signals are positive, with MACD and RSI indicators trending upward, but the large whale selling 150 million Dogecoins indicates a bearish signal, and market sentiment is divided. The future trend requires ongoing attention.

BTC has shown volatility in the past 4 hours, with a slight price increase followed by a slight pullback, indicating that the bulls are competing for dominance. Trading volume has increased, reflecting market activity. Technical indicators show that the bearish momentum is weakening, but signals should be interpreted with caution. It is recommended to look for long opportunities near support levels and to set risk management measures.

【BlockBeats】The latest CME Federal Reserve watch data has been released. The expectation of a 25 basis point rate cut in January next year has slightly increased to 17.7%, but the probability of holding rates steady is higher, reaching 82.3%.
Looking ahead to March. The probability that the Federal Reserve will keep rates unchanged within this window is 46.7%, with the other half involving rate cuts—an accumulated 25 basis point cut accounts for 45.6%, and a 50 basis point cut only 7.7%. In other words, the market is pricing in a very restrained rate cut outlook for the second half of the year.
The schedule is set: the Federal Reserve's FOMC meetings are scheduled for January 28, 2026, and March 18, 2026. Will these two meetings become catalysts at the start of the year? The market is waiting for an answer.