Odaily Planet Daily reports that the Ethereum Foundation has announced on the X platform that the Prysm consensus client is experiencing issues on the mainnet. Users running Prysm need to reconfigure their consensus layer (CL) nodes according to the instructions. Users running other clients are unaffected and do not need to take any action.

According to a report by Cointelegraph, Odaily Planet Daily reports that the state of Connecticut has issued cease and desist orders to Robinhood, Crypto.com, and Kalshi, stating that the platforms' event contracts constitute unlicensed sports betting.

According to an article published on the X platform by EndGame Macro, as reported by Odaily Planet Daily, Bitcoin's buy/sell ratio is approximately 1.17, indicating aggressive buying in the market. However, this typically reflects the urgency and leverage of crowded market positions rather than steady accumulation.

On the other hand, the velocity of M2 money has now leveled off after the rebound following the pandemic. This leveling off of the velocity of money typically reflects a loss of economic momentum before it is captured by official data.

The analyst believes that if Bitcoin prices continue to rise, it will be due to positioning and leverage temporarily outweighing fundamentals, rather than an improvement in the macroeconomic backdrop. Aggressive buying indicates that the market is increasing leverage, while broader economic trends are leveling off.

Odaily Planet Daily reports that Pink Brains, in an article published on the X platform, stated that Starknet is replicating the early stages of the Solana rebound. Its DeFi TVL has tripled since July, currently standing at approximately $300 million, near its all-time high. The stablecoin's market capitalization has reached a new all-time high of $154 million. Starknet is the second-largest chain to see net inflows of funds in the past three months, amounting to $584 million, with daily active addresses between 50,000 and 60,000.

According to official news, Gate Alpha will launch its 120th GT points airdrop on December 4th at 18:00 (UTC+8). This airdrop will use a tiered airdrop model with different tiers. Users holding 130 ≤ Gate Alpha points ≤ 172 points can receive 0.56 GT airdrop tokens, consuming 11 Gate Alpha points; users holding ≥ 173 Gate Alpha points can receive 2 GT airdrop tokens, consuming 14 Gate Alpha points.

The top 4 gainers on Gate Alpha today are: Little (4987.01%), 1 (654.40%), BiBi (430.99%), and Franklin (115.36%).

Gate Alpha now supports popular public chains such as SOL, ETH, Gate Layer, BNB Chain, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. It also enables seamless trading of tokens across the entire chain through the contract address search function, opening up cross-chain transaction links and making all on-chain tokens available with a single click.

According to a Reuters report, three Japanese government sources said the Bank of Japan (BOJ) is likely to raise interest rates in December, and the government is expected to tolerate the decision. The sources said the BOJ appears prepared to raise its policy rate from 0.5% to 0.75%, a signal echoed by Governor Kazuo Ueda in his speech on Monday. This would be the first rate hike since January. One source said, “If the BOJ wants to raise rates this month, let them decide. That’s the government’s position.” He added that a rate hike this month is almost certain. Ueda said on Monday that the BOJ would consider the “pros and cons” of a rate hike this month, indicating a high probability of a rate hike at its December 18-19 meeting. These comments have led the market to price in an 80% probability of a December rate hike, although some market participants are watching how the dovish government of Prime Minister Sanae Takaichi might react. Market focus may shift to the BOJ’s wording regarding the extent to which it will ultimately raise rates, a topic on which Ueda has remained ambiguous.

1. Putin Economic Advisor: Crypto assets should be included in the balance of payments; Bitcoin mining has become an "undervalued export."

2. Yi Lihua: ETH is still significantly undervalued; trend investing should remain steadfast.

3. SlowMist Cosine: Job seekers fall victim to a "backdoor" that steals private keys while reviewing code;

4. Delphi Digital: Multiple policies converged, and the market ushered in its first "positive net liquidity" since the beginning of 2022;

5. Uniswap founders oppose regulating DeFi developers as centralized entities;

6. A whale transferred out over 30,000 ETH this month, with a total value of approximately $70.55 million;

7. American Bitcoin added 363 bitcoins to its holdings, bringing its total holdings to 4,367 bitcoins;

8. The Bitcoin spot ETF saw a total net outflow of $14.8983 million yesterday, turning from a five-day streak of net inflows to net outflows;

9. The Ethereum spot ETF saw a total net inflow of $140 million yesterday, with none of the nine ETFs experiencing net outflows.

Odaily Planet Daily reports that Vienna police have confirmed the violent murder of Danylo K., a 21-year-old Ukrainian man and son of Sergey K., the deputy mayor of Kharkiv. The motive is suspected to be related to his cryptocurrency assets. Two Ukrainian suspects (aged 19 and 45) allegedly coerced the victim into handing over his cryptocurrency wallet password through violence, then beat him to death and burned his body. The suspects fled to Ukraine after the incident.

The case has now been transferred to the Ukrainian judicial authorities at the request of Austria. (oe24)

According to data from SoSoValue, Bitcoin spot ETFs saw a net outflow of $14.8983 million yesterday (December 3rd, Eastern Time).

The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $42.2432 million. IBIT's total historical net inflow has now reached $62.663 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was ARKB, an ETF from Ark Invest and 21Shares, with a net outflow of $37.0905 million. ARKB's total historical net inflow has reached $1.708 billion.

As of press time, the total net asset value of Bitcoin spot ETFs was $121.963 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.57%, and a historical cumulative net inflow of $57.757 billion.

According to data from SoSoValue, Ethereum spot ETFs saw a net inflow of $140 million yesterday (December 3rd, 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 $53.0068 million. The total historical net inflow of ETHA has now reached $13.138 billion.

The second largest net inflow was into the Fidelity ETF FETH, with a single-day net inflow of $34.3801 million. The total historical net inflow into FETH is currently $2.64 billion.

As of press time, the total net asset value of the Ethereum spot ETF was $19.697 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.2%, and a cumulative net inflow of $12.996 billion.

According to Odaily, Russian President Vladimir Putin's economic advisor, Maxim Oreshkin, stated that crypto assets should be included in Russia's balance of payments statistics, noting that Bitcoin mining is becoming an "undervalued export project" for the country. He claimed that some Russian companies are using crypto assets for cross-border payments and profiting from the sale of mined Bitcoins abroad, thus having a real impact on the foreign exchange market.

According to data from Luxor Technology, Russia currently accounts for nearly 16% of global computing power, second only to the United States. Sergey Bezdelov, president of the Russian Industrial Mining Association, stated that Russian miners produced approximately 55,000 BTC in 2023, with production expected to drop to approximately 35,000 BTC in 2024 due to the halving. (DL News)

According to Odaily Planet Daily, crypto market research firm Delphi Digital points out that the Federal Reserve's interest rate path next year is the clearest it has been in recent years: a further 25 basis point rate cut is expected in December 2025, bringing the federal funds rate to the 3.5%-3.75% range; the forward curve shows that there may be at least three more rate cuts in 2026, with the rate expected to fall back to around 3% by the end of the year.

The study states that, more importantly, liquidity has seen three structural improvements simultaneously: quantitative tightening (QT) officially ended on December 1, the Treasury General Account (TGA) program has been gradually reduced, and overnight reverse repos (RRPs) have been exhausted, bringing the market back to a net liquidity positive environment for the first time since the beginning of 2022.

Delphi Digital states that the SOFR and federal funds rate have fallen back to the high range of 3%, and real interest rates have also declined from their 2023-2024 highs, indicating a "controlled slowdown" rather than a sharp shift in easing. They predict that 2026 will be a year where policy shifts from headwinds to moderate tailwinds, which will benefit long-duration assets, large-cap stocks, gold, and digital assets with structural demand.

Odaily Planet Daily reports that BONK.fun announced that, starting today, 51% of its platform fees will be used by Bonk, Inc. to repurchase BONK through its DAT mechanism. This 51% allocation comes from the previous 35% buy-and-burn, 4% SBR, and 2% BONKrewards categories, and will be combined with the existing 10% allocation for Bonk, Inc.

The project team stated that this adjustment does not change the net buying pressure on BONK; the main purpose is to expand strategic reserves to achieve the long-term goal of 5% cumulative circulating supply. Community marketing and operations budgets remain unchanged.

Odaily Planet Daily reports that Uniswap founder Hayden Adams has published an article pointing out that some traditional financial institutions are pushing the U.S. Securities and Exchange Commission (SEC) to regulate decentralized protocol software developers as centralized intermediaries. He mentioned that these institutions had previously clashed over the Constitutional DAO auction and are now arguing that DeFi protocols fail to meet the "fair access" standard.

Adams stated that the so-called "fair access" is being used as a reason to strengthen regulation, while open-source, peer-to-peer technology itself can lower the barrier to liquidity creation, which is fundamentally different from the traditional market maker model.