Odaily Planet Daily reports that YZi Labs announced the full list of founders and companies for the second season of EASY Residency during Binance Blockchain Week. These teams will showcase their innovative projects at Demo Day. This season focuses on the intersection of Web3, AI, and biotechnology, demonstrating the potential for technological convergence over the next decade. Selected projects include 42.space, 4D Labs, AllScale, Advent, and AgriDynamics, covering areas such as prediction markets, 3D data, cross-border payments, gene therapy, and agricultural robotics.
According to Odaily Planet Daily, Binance published an article on its X platform stating that Ella Zhang, head of yzilabs, explained why the developers chose BNB Chain: its large user base and its superior performance compared to BTC and ETH.
With the emergence of a new generation of stablecoins, BNB Chain's large and active user base makes it the preferred choice. BNB is already listed with top banks in the UAE, adopted in Bhutan, and listed on major exchanges.
According to Lookonchain monitoring, the whale 0x3aFE sold 1,900 ETH on August 25th at a price of $4,574, worth $8.69 million. Today, the whale bought back 2,017 ETH at a price of $3,061, worth $6.17 million.
According to official news, JustLend DAO, a leading decentralized lending protocol on the TRON network, has seen its total value locked (TVL) surpass $6.46 billion, its user base exceed 479,000, and its total grants issued exceed $189 million. As a core DeFi infrastructure within the TRON ecosystem, JustLend DAO will continue to drive the expansion of the decentralized finance ecosystem, providing efficient on-chain lending services to users worldwide.
According to Lookonchain monitoring, since MON was launched, whale 0x755b has spent $2.31 million USDC to buy 70.64 million MON at an average price of $0.03267, and has not yet realized a loss of more than $250,000.
Odaily Planet Daily reports that the US November ADP employment report, often referred to as the "mini-nonfarm payrolls," will be released tonight at 21:15. With the Federal Reserve's interest rate meeting next week approaching, official nonfarm payrolls and inflation data are unusually absent. In the absence of key guidance, tonight's ADP employment report may be the only window through which the Fed gleans insights into the job market. Significant market volatility is expected at that time; investors are advised to be aware of the associated risks. (Golden Ten)
According to Lookonchain monitoring, Odaily reports that address 0x4321 has closed its short BTC position, incurring a loss of $3.2 million. Meanwhile, address 0xfB66 still holds a long BTC position, with unrealized profits exceeding $2.5 million.
According to Odaily Planet Daily, at Binance Blockchain Week, Strategy founder and executive chairman Michael Saylor delivered a speech on the theme of "Bitcoin = Digital Capital," stating that in the past year, in addition to the US government, large banks and corporations have also begun to embrace crypto. Today, 30% of US voters hold crypto assets, while the number of crypto users worldwide exceeds 700 million.
As the first digital asset treasury, Strategy has set an example, currently holding Bitcoin worth $59 billion. Compared to other global companies, it ranks fifth in terms of asset size, behind Berkshire Hathaway, Microsoft, Google, and Amazon. However, given time, we will become number one.
Because, in addition to the steady growth of BTC’s own value, Strategy also has an incredibly healthy capital structure – a corporate value of $68 billion, Bitcoin reserves of $59 billion, and an LTV (Loan to Value) of only 11%. Based on current financial data, the dividend margin is sufficient to cover the next 73 years.
Strategy's work includes creating currency, reducing risk, mitigating volatility, "purifying" returns, and shortening cycles... In short, it's about transforming digital capital into digital credit.
Odaily Planet Daily reports that U.S. Treasury yields edged lower in afternoon Asian trading as investors adopted a cautious stance ahead of the release of ADP employment and ISM services data. "While services PMI data is almost ubiquitous, last month's U.S. ISM survey will capture most of participants' attention, especially after Monday's disappointing ISM manufacturing reading," said Michael Brown, an analyst at Pepperstone, in a report. According to Tradeweb, the two-year Treasury yield fell 1.6 basis points to 3.499%, while the 10-year Treasury yield fell 0.9 basis points to 4.078%. (Jinshi)
According to Onchain Lens monitoring, a whale (0x9C8...600e) deposited $4.49 million USDC into HyperLiquid to increase its 10x leveraged long position in ZEC, and still has pending orders to further increase its position. This whale also holds 20x leveraged long positions in ETH and 5x leveraged long positions in DYDX, with a floating loss of $1.29 million, for a total loss of $2.7 million.
According to a chart released today by Matrixport, as market expectations for a Bank of Japan interest rate hike intensified, Bitcoin fell by more than 6% in a single day. The expectation of a rate hike pushed up the yen's exchange rate, forcing the liquidation of some yen carry trades. This, coupled with the forced liquidation of nearly $1 billion in leveraged positions, amplified the volatility. Crypto-related equity assets also weakened, with individual stocks, including MicroStrategy, falling by approximately 12% at one point.
Amidst weak overall sentiment and a net outflow of approximately $3.5 billion from Bitcoin spot ETFs in November, market pressure intensified. Subsequently, Chinese regulators issued risk warnings regarding illegal activities related to virtual currencies, further dampening market risk appetite, and Bitcoin briefly fell below $84,000.
Subsequently, as the equity market stabilized, Bank of America allowed financial advisors to offer high-net-worth clients advice on Bitcoin allocations of up to 4%, and Vanguard also began opening up Bitcoin exposure to its clients. Bitcoin prices rebounded to above $90,000, and market sentiment improved somewhat. From a technical perspective, Bitcoin has now formed a higher low structure, indicating a bullish short-term trend.
According to Odaily Planet Daily, at Binance Blockchain Week, Binance CEO Richard Teng delivered a welcome address and reviewed that this year has been a "lucky year" for cryptocurrency adoption, with stablecoins reaching a market capitalization of $300 billion, daily trading volume exceeding that of Visa, and approximately 130 million addresses holding stablecoins. This is mainly attributed to policy support; from the United States to Bhutan, compliance is driving and expanding crypto adoption.
Specifically, Binance's data shows that it has nearly 300 million users and Binance Pay has handled $272 billion in transactions.
In addition, “Today, I am pleased to introduce Binance Junior, a new app for teenagers aged 6-17 to develop basic crypto knowledge and build an understanding of the new finance.”
According to Odaily Planet Daily, Binance announced that its co-founder Yi He will serve as co-CEO, leading Binance together with co-CEO Richard Teng.
According to Odaily Planet Daily, Luana Lopes Lara, co-founder of Kalshi, has become the youngest self-made female billionaire in history at just 29 years old. The title was previously held by 31-year-old Scale AI co-founder Lucy Guo in April, but now it belongs to Luana Lopes Lara.
This is thanks to Kalshi, the prediction market it co-founded with Arek Mansour, which raised $1 billion on December 2nd at a valuation of $11 billion. The round was led by Paradigm, with participation from Sequoia, a16z, Meritech Capital, IVP, ARK Invest, Anthos Capital, CapitalG, and Y Combinator. (Forbes)

