According to a post on the X platform by Ethereum community member Joseph Young, data from Artemis shows that Ethereum ranked first among public blockchains in terms of net stablecoin inflows over the past three months, with approximately $12.5 billion worth of stablecoins flowing into the Ethereum network. There is no doubt that ETH is dominating the stablecoin market. Note: Solana and Plasma ranked second and third, respectively.
According to Onchain Lens monitoring, as the price of HYPE fell to its lowest point since May 21, a whale (a large investor) went long on HYPE with 5x leverage and is currently facing a paper loss of $15.3 million. This whale held 1.38 million HYPE tokens, worth $38 million, with an entry price of $38.67 and a liquidation price of $22.16.
According to Odaily Planet Daily, Barclays expects the Federal Reserve to cut interest rates by 25 basis points to a range of 3.5% to 3.75% at this week's policy meeting. The post-meeting statement is expected to include hawkish language, suggesting a pause in rate cuts in January. The bank currently maintains its forecast of 25 basis point rate cuts in March and June of next year. Barclays believes the new summary of economic projections may show little change in economic forecasts, while the dot plot will reflect one 25 basis point rate cut each in 2026 and 2027. The median long-term interest rate forecast is expected to remain at 3%. (Golden Ten)
According to Odaily Planet Daily, crypto analyst Ali stated on the X platform that if BTC (Bitcoin) forms a bearish flag pattern, its target price will be $70,000.
According to Odaily Planet Daily, as monitored by on-chain analyst Ai Yi, the "whale that opened short positions after the 1011 flash crash" has exceeded 70,000 ETH in long positions, currently holding 70,001.53 ETH (approximately $218 million), with an opening price of $3,068.64 and a floating profit of $3.23 million.
According to Odaily Planet Daily, Bitwise CIO Matt Hougan stated in an article published on the X platform that crypto index funds will become mainstream in 2026 as the market becomes increasingly complex and use cases proliferate.
Odaily Planet Daily reported on Tuesday that the cryptocurrency market stabilized after one of the worst Novembers for the industry since 2018, with Bitcoin prices hovering around $90,400. This was despite new data showing that Europe led the sell-off this month. Recent intraday data from Presto Research indicates that Europe was the primary driver of the 20% to 25% drop in Bitcoin and Ethereum prices in November, with average returns turning significantly negative across all time periods. In contrast, Asian and US sessions were largely flat, reflecting a divergence in fund flows across regions during the cryptocurrency deleveraging process. The November market decline coincided with significant position adjustments in listed crypto stocks. Meanwhile, the macroeconomic environment remains a major constraint on cryptocurrency price movements. (CoinDesk)
According to Odaily Planet Daily, Gate founder and CEO Dr. Han recently shared the company's long-term development plan in an interview with the South China Morning Post. He pointed out that despite the rapid expansion of the global digital asset industry over the past few years, Gate has maintained an annual user growth rate of approximately 30%. Currently, Gate is steadily advancing its long-term strategic layout and, under the principles of compliant operation and platform security, continues to explore new opportunities for global business development.
In the interview, Dr. Han also shared his insights on virtual asset regulatory trends. He stated that Gate maintains active communication with Hong Kong regulators and highly values the region's forward-looking vision in the digital asset field. Furthermore, several Gate entities have obtained or completed relevant regulatory registrations, license applications, authorizations, or approvals in jurisdictions such as Malta, the Bahamas, Japan, Australia, and Dubai. Gate is continuously improving its product capabilities, security standards, and compliance systems to strengthen user trust in the platform across the global market through sustained investment.
According to official media reports, Odaily Planet Daily reports that WINkLink and the multi-chain non-custodial wallet GuardaWallet have officially entered into a strategic ecosystem partnership. Guarda will serve as a new ecosystem partner, supporting over 70 blockchains and 400,000 tokens, and will subsequently integrate deeply with WINkLink's oracle network. The two companies will work together to empower self-custodial scenarios with reliable on-chain data, creating a safer and smoother Web3 interaction experience for users, jointly promoting decentralized innovation and real-world application implementation, and empowering the development of the WINkLink and TRON ecosystems.
1. Matrixport: Bitcoin stabilizes in the short term, but market sentiment remains cautious ahead of the meeting;
2. Bankr co-founder: Polymarket data is accurate; Paradigm is smearing its competitor because of its investment in Kalshi.
3. The number of Solana validators has decreased by more than 68% over the past three years, leading to disagreements within the ecosystem;
4. Kalshi CEO: The competition with Polymarket is like a "sports rivalry," pushing both sides to do a better job in the prediction market;
5. Coinbase CEO: EU fines US tech companies higher than taxes; "Over-regulation will ultimately hinder economic growth."
6. Vitalik: The Ethereum Foundation has made breakthroughs in its investment at the network layer, with PeerDAS becoming a "heroic" achievement;
7. The US Solana spot ETF saw a total net inflow of $1.18 million in a single day;
8. Bitcoin spot ETFs saw a total net outflow of $60.4799 million yesterday, with only the BlackRock ETF IBIT seeing a net inflow;
9. The Ethereum spot ETF saw a total net inflow of $35.4931 million yesterday, with BlackRock ETHA leading the way with a net inflow of $23.6601 million.
According to official news from Odaily Planet Daily, OKX's "Flash Earning" Midnight (NIGHT) event will officially begin on December 9th at 16:00 (UTC+8). This event will offer a total of 400 million NIGHT tokens, primarily targeting OKB holders and users of other supported cryptocurrencies. Users can participate using OKB, USDT, BTC, ETH, or ADA, with a minimum subscription threshold starting at approximately 100 USDT. The subscription limit increases from regular users to VIP7+. Users can participate and win rewards immediately by opening the OKX APP → "Earn & Rewards" section in the upper left corner → Flash Earning page.
Meanwhile, according to the official Midnight (NIGHT) rules, OKX will support the distribution of airdrop tokens to users holding ADA, BTC, ETH, SOL, XRP, BNB, AVAX, and BAT, with a total of approximately 40 million tokens in the first round of airdrops.
According to Odaily Planet Daily, Kalshi CEO Tarek Mansour stated in the latest episode of the "20VC" podcast that the prediction market industry is maturing rapidly due to competition, with its rivalry with Polymarket resembling a contest between sports legends. He said, "A real industry needs competition; competition forces you to push your limits."
Mansour likened the rivalry between Kalshi and Polymarket to the duel between NFL quarterbacks Tom Brady and Eli Manning, noting that their intense competition helped them both improve and elevate their game. He also compared them to Messi and Ronaldo, arguing that "it's no coincidence that the greatest players often emerge in the same era."
Mansour stated that Polymarket's existence has prompted Kalshi to invest more in product and marketing, which will be "net good for users" in the long run. He also mentioned that encouraging the team to promote Polymarket-related memes in the past was a "mistake," and that the team has been clearly told not to do similar things again.
The report points out that Kalshi recently announced partnerships with CNN and CNBC and completed a funding round valued at $11 billion; Polymarket's latest valuation is $13.5 billion. (Business Insider)
Odaily Planet Daily reports that Coinbase CEO Brian Armstrong, commenting on EU regulatory policies on the X platform, pointed out that in 2024, the EU imposed fines totaling €3.8 billion on US tech companies, while all listed European internet technology companies paid only about €3.2 billion in corporate income tax during the same period. He emphasized that when regulatory-related fines exceed normal industry tax revenue, "it borders on predation."
Armstrong stated that policymakers must make trade-offs between regulatory intensity and economic development: "You either choose to collect more fines through over-regulation or choose a developing economy, but you can't have both."
According to data from SoSoValue, Bitcoin spot ETFs saw a net outflow of $60.4799 million yesterday (December 8th, Eastern Time).
The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $28.7588 million. IBIT's total historical net inflow has now reached $62.546 billion.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Grayscale ETF GBTC, with a single-day net outflow of $44.0339 million. GBTC's total historical net outflow has now reached $25.091 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $118.498 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.54%, and a historical cumulative net inflow of $57.557 billion.
According to data from SoSoValue, Ethereum spot ETFs saw a net inflow of $35.4931 million yesterday (December 8th, Eastern Time).
The Ethereum spot ETF with the largest single-day net inflow yesterday was the BlackRock ETF ETHA, with a single-day net inflow of $23.6601 million. The total historical net inflow of ETHA has now reached $13.115 billion.
The second largest inflow was into Grayscale's Ethereum Mini Trust ETF (ETH), with a net inflow of $11.833 million in a single day. The total historical net inflow into ETH has now reached $1.468 billion.
As of press time, the Ethereum spot ETF has a total net asset value of $19.606 billion, an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.18%, and a historical cumulative net inflow of $12.915 billion.
Odaily Planet Daily reports that Bitget, in partnership with local Sri Lankan charities, is providing emergency humanitarian aid to families devastated by Cyclone Ditwa. To ensure supplies reach affected communities quickly and accurately, Bitget is collaborating closely with local charity and social assistance organization CeylonCash and the non-profit charity Infinite Grace Foundation to conduct a multi-tiered relief effort.
The aid supplies include drinking water, urgently needed thermal blankets for high-altitude areas, clothing for women and children, and family food kits sufficient for a week's supply. The relief will be distributed in phases and at different levels to ensure stable and sustainable support for affected families as the disaster situation evolves.

