According to Odaily Planet Daily, Paolo Ardoino, CEO of stablecoin issuer Tether, stated in an article on the X platform that, based on the latest forensic report for the third quarter of this year, Tether holds billions of dollars in excess reserve buffers, bringing its total assets to approximately $215 billion, while its stablecoin liabilities are approximately $184.5 billion. Furthermore, S&P's mistake lies in failing to consider that Tether's holdings of US Treasury bonds alone generate approximately $500 million in profit per month, and that they may intentionally do so to support Tether's competitors.

According to The Data Nerd, an Ethereum OG whale deposited 5,000 ETH into Binance six hours ago, worth $15.05 million. In the past two weeks, this whale has sold a total of 18,403 ETH, worth $56.1 million. Five years ago, his average investment was $559, and he has now realized a profit of approximately $45.82 million, a return on investment of 445%.

According to data from Hyperbot, as reported by Odaily Planet Daily, Huang Licheng, known as "Brother Machi," has been continuously adding to his HYPE long positions with 10x leverage in the past hour. His position has now exceeded 100,000 HYPE, currently holding 105,888.88 HYPE, with a liquidation price of approximately $20.75. His total position value, including 25x leveraged Ethereum long positions and 10x leveraged ZEC long positions, has now risen to approximately $31.22 million.

Odaily Planet Daily reports that White House National Economic Council Director Hassett stated that he would be "very happy to serve" if President Trump nominates him as Chairman of the Federal Reserve. (Jinshi)

According to Odaily Planet Daily, Rayls Labs posted on the X platform, "December 1, 2025, save this date," suggesting that TGE may take place on that day.

According to Odaily Planet Daily, on-chain analyst Ai Yi reported that an early Ethereum whale deposited 1,000 ETH, worth $3.03 million, into a CEX half an hour ago. In the past month, he has sold a total of 10,500 ETH through exchanges and on-chain transactions, worth $35.39 million. He currently still holds 110,081 ETH, worth over $335 million.

Odaily Planet Daily reported today that the Beijing Business Daily published an article titled "Speculation Resurfaces, People's Bank of China Cracks Down on Virtual Currencies Again, Defines Stablecoins for the First Time," which pointed out that at a recent meeting of the coordination mechanism for combating virtual currency trading and speculation, the People's Bank of China defined stablecoins for the first time. It clarified that stablecoins are a form of virtual currency and currently cannot effectively meet requirements for customer identification and anti-money laundering, posing a risk of being used for illegal activities such as money laundering, fundraising fraud, and illegal cross-border fund transfers. The article reiterated the continued crackdown on illegal financial activities related to virtual currencies. However, industry insiders believe that this meeting will not affect the development of stablecoins in Hong Kong, but stablecoin speculation in mainland China will be severely punished. The potential for domestic entities to develop stablecoins in Hong Kong will be greatly reduced, limited to practical applications such as cross-border payments and supply chain finance.

Odaily Planet Daily reports that Strategy founder Michael Saylor has once again released information related to Bitcoin Tracker. Following past patterns, Strategy typically discloses its Bitcoin holdings the day after such news is released.

According to Odaily Planet Daily, Justin Sun posted a message on the X platform warning: "My WeChat account has been hacked, and I am urgently contacting people to retrieve it."

According to Odaily Planet Daily, CertiK, a blockchain security firm, released its November security incident report on X, revealing that total losses from various attacks, vulnerabilities, and scams in November 2025 amounted to approximately $172.4 million, of which about $45 million was frozen or recovered, resulting in a net loss of approximately $127 million. The report shows that the largest incident in November came from Balancer ($113 million), followed by Upbit ($29.87 million) and Bex ($12.4 million). In terms of incident type, code vulnerabilities ($130 million) were the largest category of losses, followed by wallet leaks ($33.05 million). By sector, DeFi projects suffered the most significant losses, reaching $134.9 million.

According to Odaily Planet Daily, KOL Crypto Fearless posted on the X platform that the unusual price drop of SAHARA last night was due to the recent liquidation of an active market maker. Insiders analyzed that this active market maker had been manipulating multiple well-known projects, including MMT and SAHARA. Later, the market maker was found to have engaged in abnormal market-making activities on a particular project by the trading platform, leading to the identification of all associated addresses/account clusters and the restriction of their overall positions. Ultimately, the positions were subject to risk control, resulting in last night's price plunge.

According to Odaily Planet Daily, analysts at Goldman Sachs' Fixed Income, Foreign Exchange, and Commodities (FICC) division believe a rate cut by the Federal Reserve at its upcoming December meeting is virtually a foregone conclusion. Analysts point out that given the weakening labor market and risk management needs, a rate cut at this time is the right policy choice, and market pricing has already fully reflected this expectation. Goldman Sachs analysts note that given the sparse data calendar leading up to this meeting and the high degree of consensus in market expectations, a rate cut is "locked in." Considering the trajectory of the labor market, a rate cut in December, followed by a reassessment in January (effectively after observing three more non-farm payroll reports), is a sound risk management strategy. (Wall Street News)

1. Data: Approximately 1.5 million ETH will be unstaking by the end of December;

2. Vitalik: Hopes Zcash can resist the influence of token voting power;

3. Upbit plans to gradually restore deposit and withdrawal functions starting December 1st;

4. Binance: Users holding at least 245 Alpha Points can claim an airdrop of 500 SQD tokens;

5. Data: Whales sold over 50,000 BTC in the past week, worth approximately $4.6 billion;

6. Nasdaq-listed Prenetics disclosed that its total Bitcoin holdings have increased to 504.

7. Tianfeng Securities is under investigation by the China Securities Regulatory Commission (CSRC), and its subsidiary has been approved in Hong Kong to provide virtual asset trading services;

8. Vitalik: Memes are reshaping English; the English-language internet has begun to form its own "idiom system."

9. JAN3 CEO: Dolphin Cards has been discontinued; user funds are safe and test users will be refunded.

10. HyperLiquid co-founder: No external financing was conducted, therefore there is no unlocking of HYPE tokens for investors;

11. Arthur Hayes: He has suggested that Maelstrom release all tokens as soon as possible, but this suggestion has not yet been adopted.

12. BlackRock: The $2.34 billion outflow from IBIT this month is a normal adjustment; we remain optimistic about the long-term growth of spot ETFs.

13. A trader named MON had his long positions completely liquidated, resulting in a loss of $1.9 million;

14. Analysis: The price of BTC may rebound in Q1 of next year, and the current trend is very similar to the bear market in 2022;

15. Brother Machi opened a new long position in ZEC with 10x leverage, and the total market value of his position has now exceeded 30 million US dollars.

Odaily Planet Daily reports that OracleX, based on Proof-of-Behavior (PoB), will launch on December 1st. OracleX states that while Polymarket creates 35,000 markets monthly, its long-tail market trading is sparse, and Kalshi's 65% share relies on a single sports category. OracleX aims to address this issue. Its core mechanism links prediction behavior with staking mining: it proposes a behavioral contribution proof model where users stake OEX to mint USDX to participate in predictions, with dynamically adjusted yields (accuracy/frequency/volume weighted), making "serious predictions" profitable and combining liquidity provision with information contribution.

According to an article published on the X platform by economic analyst Timothy Peterson of Odaily Planet Daily, the current Bitcoin price movement bears a striking resemblance to the 2022 bear market. Looking at daily and monthly charts, the correlation between this year's Bitcoin price and that of 2022 is 80% on the daily chart and a staggering 98% on the monthly chart. If history repeats itself, a true recovery in Bitcoin's price may not occur until the first quarter of next year. In the past month's decline, cryptocurrencies have been significantly more impacted than stocks, but signs of a rebound are rapidly increasing. Changes in macroeconomic sentiment could still trigger a classic "Christmas rally" for risk assets before the end of the year.