According to Odaily Planet Daily, on-chain analyst Emmett Gallic reported that an address received another 1,001 BTC, bringing its total BTC received from Matrixport/BIT.com in the past 24 hours to 3,000, worth $280 million.

According to official sources, the U.S. Securities and Exchange Commission (SEC) has approved the first 2x leveraged SUI ETF (TXXS), issued by 21Shares and listed on Nasdaq.

According to Coinglass, as reported by Odaily Planet Daily, 85,377 people were liquidated in the global crypto market in the past 24 hours, with a total liquidation amount of $257 million.

The amount of liquidated long positions was $82.7567 million, and the amount of liquidated short positions was $174 million.

The largest single liquidation occurred on the ETH-USD trading pair on the Hyperliquid platform, worth $9.1496 million.

According to monitoring by onchainschool.pro, wallets that had been accumulating H tokens and withdrawing them from exchanges have seen continuous deposits of H tokens. Within 30 minutes, two wallets sent an additional $6.4 million worth of H tokens to the exchange. These tokens are currently held in the exchange's deposit address.

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Polymarket announced on its X platform that it has officially launched the MetaMask mobile application, introducing a prediction market powered by MetaMask, with technical support provided by Polymarket.

Odaily Planet Daily reports: The U.S. Commodity Futures Trading Commission (CFTC) has announced that spot cryptocurrencies can now be traded on exchanges registered with the CFTC.

Odaily reports that Polymarket is recruiting new members for its internal market-making team, which may trade against clients within its exchange. This comes after its main competitor, Kalshi, faced criticism for a similar feature.

Sources revealed that the New York-based prediction market startup has recently spoken with several traders, including sports betting traders, to invite them to join the new division. Polymarket declined to comment.

Polymarket and its main competitor, Kalshi, have grown rapidly in recent months, both offering exchanges that allow betting on the outcomes of sports games, elections, and other events, and both receiving approval from U.S. federal regulators. Both companies position themselves as neutral platforms, contrasting with traditional sports betting companies that set odds and profit from customer losses.

However, Kalshi already operates a division called Kalshi Trading, which quotes prices on exchanges, effectively acting as the counterparty to some of its clients' trading. While Kalshi executives claim the division is there to increase liquidity and improve the client experience, critics argue that its market-making efforts create a conflict of interest with clients, making it resemble a traditional sports betting company. A proposed class-action lawsuit filed last month alleges that Kalshi Trading sets odds that are unfavorable to clients.

Polymarket's formation of its internal market-making team comes as it re-enters the U.S. market years after paying a $1.4 million fine to settle allegations of wrongdoing and being barred from the market. Prediction markets operate by matching buyers and sellers of "yes" or "no" contracts, thus relying on market makers willing to take on unpopular trades.

According to Odaily Planet Daily, Bitcoin prices fell below the 2025 year-opening price and slid towards $90,000 during Thursday's Wall Street trading session, after strong US jobs data prevented Bitcoin from turning the $93,500 year-opening price into a support level and ignored market optimism regarding a Federal Reserve (Fed) rate cut.

Data shows that both initial jobless claims and continuing unemployment benefits in the United States were lower than expected, indicating that the labor market is still strengthening.

Despite strong jobs data, markets are doubling down on bets that the Federal Reserve will cut interest rates at its December 10 meeting. The CME Group FedWatch tool shows the market expects an 89% probability of a rate cut. The Kobeissi Letter, a trading resource, states that the Fed has "no choice" but to cut rates to "save" American consumers, even with inflation already at 3%, due to the widening gap between risk assets and consumer spending power.

Mosaic Asset Company, a trading firm, warned that despite market optimism, future interest rate cuts are far from guaranteed.

Trading resources such as Material Indicators point out that Bitcoin needs to reclaim several key resistance levels to reverse its bearish trend, including the $93,500 year-opening price, the liquidity zone near $100,000, the 50-week simple moving average (SMA), and the exponential moving average (EMA). Material Indicators states that Bitcoin's failure to break the year-opening price is a sign that "the bearish argument remains strong."

Currently, the S&P 500 is only 0.5% away from hitting a new all-time high, while Bitcoin and altcoins remain weak.

According to Odaily Planet Daily, Jupiter posted on the X platform that the public sale of HumidiFi's token WET has sold out. Its decentralized token offering (DTF) has officially ended, raising a total of $5.57 million through Wetlist, JUP stakers, and the public sale.

Successful participants can claim their WET tokens at 9:00 AM Eastern Time on December 9th, at which time the liquidity pool will also be launched. All allocated tokens have been programmatically locked via Jupiter Lock.

According to Blockaid, Pepe memecoin's official website has been attacked, with attackers redirecting users to malicious links.

Blockaid stated that the website contained code for "Inferno Drainer," a suite of fraudulent tools used by threat actors, including phishing website templates, wallet depletion tools, and social engineering tools.

The price of the Pepe token has not yet immediately reacted to the incident, having risen approximately 4% in the past 24 hours. Cybersecurity firm Blockaid is encouraging users to avoid the website and remain vigilant until the issue is resolved.

Odaily Planet Daily reports that Lighter announced on its X platform that it has launched spot trading functionality, allowing users to deposit, withdraw, and transfer ETH, its first native asset on Ethereum L2. Lighter will enable spot trading later this week and will gradually roll out more markets.