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09:16

A certain high-frequency trader's 7x long position on ETH is floating a profit of $3.32 million.

Odaily Planet Daily news: According to on-chain analyst Ai Yi’s monitoring, high-frequency contract trader (0xa43...57d28) is currently the second largest Hyperliquid ETH long position holder, with a current floating profit of $3.32 million. Three days ago, this address opened a 7x long position in ETH, holding 19,860.72 ETH, worth about $60.58 million, with an average entry price of $2,884.03. Prior to this, out of 19 trades made by this address in the past three days, only 2 resulted in small profits.
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ETH8.66%
09:15

BlackRock Bitcoin Spot ETF Options Trading Volume Surges, Open Interest Ranks Among Top Ten in the US

ChainCatcher news, according to CoinDesk, options trading volume linked to BlackRock's Bitcoin ETF (IBIT) has surged, with a total of 7,714,246 IBIT options contracts open or outstanding as of Tuesday. According to data from optioncharts.io, among options linked to US-listed stocks, ETFs, and indexes, IBIT options rank ninth in open interest; when considering only stock options, IBIT options rank second in open interest. The report notes that IBIT options have already surpassed gold ETFs and major tech stocks, highlighting Bitcoin's growing appeal as a macro asset. Despite the decline in Bitcoin's price, trading activity for IBIT options is higher than that for options linked to the SPDR Gold Trust ETF, which has risen this year.
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BTC6.93%
09:07

Ten EU banks jointly launch euro stablecoin, scheduled to go live in mid-2026

Ten major European banks have formed an alliance and plan to launch a euro stablecoin by mid-2026 in an effort to counter the dominance of the US dollar in the global stablecoin market, which exceeds $300 billion. The project is jointly initiated by banks including BNP Paribas, ING, UniCredit, and CaixaBank, and will be developed through the newly established Qivalis institution to ensure compliance with the EU's MiCA regulations. Qivalis has assembled an experienced leadership team, with former Compliance CEX Germany Managing Director Jan-Oliver Sell serving as CEO and former ING Head of Digital Assets Floris Lugt as CFO. The alliance has applied for an electronic money institution license from the Dutch Central Bank and welcomes participation from more banks to drive payment innovation.
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09:03

Ethereum Fusaka Upgrade Preview: Can ETH Use This Opportunity to Hit $7,000?

The highly anticipated Ethereum Fusaka upgrade will officially go live on December 3, with the market widely watching to see if this upgrade can push ETH prices back to previous highs or even challenge the $7,000 target. The core of this upgrade is EIP-7594 (PeerDAS), which optimizes rollup data processing by allowing nodes to verify data samples instead of entire blocks. This reduces bandwidth requirements and frees up more space for rollup activity. This means Ethereum can expand data block capacity without a full hard fork, improving network scalability and throughput while also reducing transaction costs.
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ETH8.66%
08:59

November Crypto Venture Funding Hits Record $14.48 Billion, Raising Centralization Concerns

In November 2025, venture capital investment in the cryptocurrency industry reached a record high of $14.48 billion, doubling from two months earlier and 70% higher than the July peak, indicating a significant increase in institutional confidence. However, behind this massive inflow of capital, concerns have arisen about the decentralization principles of the crypto market. According to CryptoRank data, this capital will drive the development of sectors such as DeFi, NFT, and Web3, but Ray Youssef points out that large institutional investors may dominate the market landscape, determining which projects succeed and which are marginalized. This trend could lead to a redistribution of capital, allowing the interests of a few large investors to override those of early organic ecosystems, raising questions about the status of retail investors and market fairness.
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08:53

Gold vs. Bitcoin: Liquidity Tightening Supports Precious Metals Rather Than Cryptocurrency

In 2025, due to tightening global liquidity, increasing financial stress, and capital outflows, investors have increasingly favored safe-haven assets such as gold, while Bitcoin has come under relative pressure. Spot gold continues to strengthen, currently finding support near $4,000 and is expected to move toward the $4,500 resistance zone. In contrast, Bitcoin has pulled back after reaching an all-time high in October and, constrained by tight financing and market leverage pressures, is currently seeking a rebound at the key $80,000 support level. Macroeconomic factors have led to a clear divergence between the two: the overnight financing rate (SOFR) is near 4.0%, the Treasury General Account (TGA) remains elevated, global liquidity is restricted, and systemic financial stress is rising. Demand for risk assets has weakened, while demand for safe-haven assets has rebounded, pushing gold prices higher. At the same time, financial market volatility and the unwinding of arbitrage trades have exacerbated short-term pressure on Bitcoin.
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BTC6.93%
08:51

Reuters: Strategy in Talks with MSCI on Potential Index Exclusion

PANews, December 3—According to Reuters, the world’s largest corporate holder of Bitcoin, Strategy (NASDAQ: MSTR), is in talks with index provider MSCI regarding a potential decision to remove it from the MSCI USA and MSCI World indexes. MSCI is expected to make a decision on January 15, 2026. If the removal takes effect, it could trigger outflows of up to $8.8 billion, particularly from funds held through passive investment vehicles such as ETFs. Strategy Executive Chairman Michael Saylor stated that the company is participating in the relevant process, but regarding JP
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BTC6.93%
08:48

Further Asset Management and 3iQ launch a $100 million seed capital digital asset hedge fund, betting on bitcoin-linked excess returns

Further Asset Management and 3iQ have jointly launched a market-neutral, multi-strategy digital asset hedge fund—Further x 3iQ Alpha Digital Fund—with seed capital of up to $100 million. The fund is specifically designed for institutional investors, family offices, and sovereign wealth funds, aiming to provide a regulated risk management framework that enables them to pursue excess returns in highly liquid crypto markets. A major highlight of the fund is the Bitcoin share class, which allows for subscriptions in physical BTC and enables compounding of strategy returns while maintaining full exposure to the underlying asset. This design provides BTC holders with a secure and institutionalized yield management solution, allowing them to continue holding Bitcoin while seeking excess returns from digital assets. The first BTC share class capital comes from a physical investment by a family office in Abu Dhabi.
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BTC6.93%
08:45

Open interest in BlackRock's spot Bitcoin ETF options surpasses 7.7 million contracts, ranking among the top ten in the US.

The options contract activity for BlackRock's spot Bitcoin ETF (IBIT) continues to climb. As of Tuesday, IBIT had 7,714,246 open interest (O.I.) contracts, ranking ninth among all U.S.-listed stocks, ETFs, and index options, and second among stock options alone. Data shows that Bitcoin ETF options are rapidly becoming one of the most closely watched macro assets in the U.S. market. BloFin Research pointed out that if Deribit open interest is included, IBIT options' scale can rival that of VIX and SPY options, further solidifying Bitcoin’s status as a macro asset. IBIT options were launched in November 2024, providing ETF holders with risk management tools while meeting institutional investors' demand for regulated options trading. Traders widely use these options for hedging, speculation, and covered call strategies.
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BTC6.93%
08:42

The Australian Bitcoin Industry Association has filed a complaint with the ABC, accusing it of inaccurate reporting.

The Australian Bitcoin Industry Association (ABIB) has officially filed a complaint with the Australian Broadcasting Corporation (ABC), accusing it of "inaccurate and misleading" reporting on Bitcoin. The complaint targets an ABC article that primarily described Bitcoin as a tool for money laundering, overlooking its use cases in energy stability, humanitarian aid, and sovereign reserves. The documents submitted by ABIB point out that the ABC article reduced Bitcoin to being "useless," focusing on price volatility and money laundering as the core issues, while ignoring its publicly known legitimate uses and technological potential. The industry body is calling on ABC to issue a correction and to cite domain experts in future coverage.
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BTC6.93%
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08:36

Breaking: 21Shares updates Dogecoin ETF application documents, disclosing fees and custody details

21Shares has submitted a revised Dogecoin ETF application to the U.S. Securities and Exchange Commission (SEC), confirming the management fee and disclosing additional details. This spot Dogecoin ETF is expected to join the ranks of Grayscale (GDOG) and Bitwise Dogecoin ETF (BWOW), further driving up the price of Dogecoin. According to the latest filing, 21Shares has amended its S-1 document for the fifth time, confirming a management fee of 0.50%, which accrues daily and is paid weekly in the form of Dogecoin (in arrears). The document also retains a delayed issuance clause, which may take effect after submitting the 8(a) application, but no fee waiver information has been disclosed at this time.
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DOGE11.03%
08:31

Bitunix Analyst: After breaking out, BTC's pullback may constitute a false breakout. In the short term, watch the 90,000–91,000 support and 93,200 resistance levels.

BlockBeats News, December 3 — The crypto market experienced a broad rally, with BTC briefly surpassing $93,000 before quickly giving back its gains, forming what appears to be a "false breakout" pattern from a technical perspective. In the short term, the market structure has shifted to a volatile pullback, with focus on whether BTC can stabilize in the $90,000–$91,000 range, while $93,200 has become the new resistance level. On the ETF front, there was a net inflow of $58.5 million into BTC and a net outflow of $9.9 million from ETH yesterday, indicating new funds are mainly flowing into Bitcoin, while Ethereum continues a mild outflow trend. On the macro level, Trump has once again strengthened his influence over Federal Reserve appointments, announcing that the new chair nominee will be revealed early next year. He has repeatedly hinted that rate-cut advocate Hassett is his "preferred choice," and the market is rapidly pricing in a potential policy shift. If Hassett takes office, the U.S.
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BTC6.93%
ETH8.66%
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08:19

Analyst: The risk of chasing BTC in the short term is relatively high, but as long as it does not fall below $89,923, there are still opportunities to follow the trend tomorrow.

Crypto analyst Murphy pointed out that the Bitcoin price has significantly deviated from the $89,923 baseline, so chasing gains in the short term is not advisable. As long as it does not fall below this level, there are still trend-following opportunities to look for tomorrow. If the daily chart breaks above the $93,958 trend line, it may shift to a bullish trend, with subsequent price targets at $95,604 and $99,108.
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BTC6.93%
07:45

Stanford PhD Fred Krueger: Vanguard's support for Bitcoin is significant, with an industry impact surpassing BlackRock's entry.

Bitcoin supporter and Stanford PhD in Mathematics Fred Krueger posted on X: “BlackRock vs. Vanguard—everyone says BlackRock is the biggest, and that’s true. However, in the areas that matter most to most Americans, Vanguard is actually larger: - #1 in US retirement savings (IRA + 401(k)) - #1 in index mutual funds (Boglehead core funds) - #1 in direct-to-consumer investing (everyday investors investing directly) - #1 in passive long-term investing (the default choice for middle-class savers) Vanguard allowing and accepting Bitcoin investment is hugely significant.”
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BTC6.93%
ETH8.66%
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07:30

Bitcoin approaches $94,000, hitting a two-week high; experts caution: market sentiment remains fragile

According to Bloomberg, on Wednesday, Bitcoin (BTC) continued its rebound momentum, reaching a two-week high. It rose as much as 2.6% intraday to around $93,965, marking its highest level since November 17, before retreating to about $93,300. Ethereum and other major tokens also saw slight increases as the cryptocurrency market attempted to regain momentum after weeks of sell-offs. However, market sentiment remains fragile, with investors staying cautious. Since Bitcoin broke its all-time high of $126,000 in early October, the market has experienced a sharp correction, with the total market value of digital assets evaporating by more than $1 trillion. Sean McNulty, Head of APAC Derivatives Trading at FalconX, noted, “We haven’t seen much buying interest above current levels, and market sentiment remains fragile.” Capital inflows have also been limited. Bloomberg data shows that the 12 US Bitcoin ETFs attracted only about $59 million in inflows on Tuesday, which is considered “modest.”
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BTC6.93%
ETH8.66%
07:27

American Bitcoin’s stock price flash crashes by 51% in less than half an hour; Trump family’s crypto assets in trouble

According to Bloomberg, on Tuesday, cryptocurrency mining company American Bitcoin Corp.'s stock price plummeted 51% within 26 minutes, marking a period of extreme market volatility and sparking concerns about the Trump family's involvement in the digital currency sector. Just one minute after Wall Street trading began, the stock dropped 33%, fell to 42% after five minutes, and by 9:56, the decline exceeded 50%. This sharp drop has made American Bitcoin a symbol of crypto market turmoil by the end of 2025 and exposed the vulnerability of several Trump family-backed crypto projects. Trump-affiliated projects have seen declines far greater than the overall market. The World Liberty Financial (WLFI) token has fallen 51% from its peak in early September, Alt5 Sigma has crashed about 75% due to legal issues, and meme coins named after the President and First Lady have plunged 90%-99%. American Bitcoin, founded by Eric Trump, has also tumbled 75%. These fluctuations have significantly eroded the crypto wealth the Trump family accumulated earlier this year and have impacted both the digital asset industry and public confidence.
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WLFI4.2%
07:15

An address "gave up" and closed its Bitcoin short position, incurring a loss of $3.2 million.

BlockBeats news, on December 3, according to monitoring by lookonchain, address 0x4321 has conceded—closing out his Bitcoin short position with a loss of $3.2 million. Meanwhile, address 0xfB66 is still holding on to his Bitcoin long position, which currently has over $2.5 million in unrealized profit. Yesterday, two new wallet addresses in the market were locked in a long vs. short battle: · 0xfB66 opened a 15x leveraged long position: Position: 300 BTC ($25.9 million) Entry price: $84,736.9 PNL at the time: +$505,000 Liquidation price: $72,424 · 0x4321 opened a 20x leveraged short position: Position: 447.38 BTC ($38.67 million) Entry price: $86,373.6
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BTC6.93%
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07:14

ADA (Cardano) up 13.93% in 24 hours

Gate News Bot reports that as of December 3rd, according to CoinMarketCap data, ADA (Cardano) is currently priced at $0.44, up 13.93% in the past 24 hours, with a high of $0.45 and a low of $0.37. Its current market capitalization is approximately $15.965 billion, an increase of $1.952 billion from yesterday, ranking 10th in market capitalization. Cardano is a blockchain platform developed based on peer-reviewed research and evidence-based methods, aiming to provide changemakers, innovators, and visionaries with the tools and technology needed to create possibilities for the masses and bring about positive global change. As the first blockchain platform based on peer-reviewed research, Cardano combines pioneering technologies to provide unparalleled security and sustainability for decentralized applications, systems, and societies. ADA has recently re
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ADA14.1%
07:03

Franklin Templeton Solana ETF approved by NYSE Arca, set to begin trading soon

Franklin Templeton's Solana ETF has received official approval from the New York Stock Exchange Arca (NYSE Arca) and is about to enter the trading phase. This means the fund will soon become one of the newest Solana (SOL) spot ETFs on the US market, competing with six existing SOL funds for the attention of institutional and retail investors. According to the latest filing submitted to the US Securities and Exchange Commission (SEC), NYSE Arca has approved the ETF's listing application, which is the final key step before the product begins trading. Franklin Templeton had previously submitted its final regulatory documents, which typically means the fund can be launched on the market within a few days. Notably, the company recently successfully launched an XRP ETF, and the advancement of this SOL ETF is seen as an important move in its proactive strategy to expand into crypto assets.
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SOL11.92%
XRP8.43%
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07:02

ASTER (Aster) up 8.26% in 24 hours

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, ASTER (Aster) is currently trading at $1.07, up 8.26% in the past 24 hours, reaching a high of $1.13 and a low of $0.88. The current market capitalization is approximately $2.541 billion, an increase of $194 million compared to yesterday. Aster is a next-generation decentralized perpetual contract exchange for all traders. It offers cross-chain trading functionality without the need for bridging or switching; simply select a chain and trade. Aster features deep liquidity pools to support large trades and provides advanced tools such as hidden orders. Both beginners and professionals can enjoy a smooth trading experience on Aster. Recent important ASTER news: 1️⃣ **Large purchases drive price increase**
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ASTER9.43%
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06:58

Vanguard "Degen Effect" Helps Bitcoin Break Through $93,000, BlackRock's IBIT Sees Over $1.8 Billion in Trading Volume in Two Hours

Bitcoin (BTC) saw a strong rebound of nearly 10% within 24 hours after Vanguard suddenly lifted its ban on Bitcoin ETF trading, pushing the price above $93,000 and marking one of the sharpest rallies this quarter. This market movement has been dubbed the “Vanguard Degen Effect,” reflecting the rapid influx of conservative capital into the crypto market following the lifting of restrictions. Bitcoin’s surge began during Tuesday’s U.S. market open, with prices surging toward $91,000 and a large number of leveraged short positions being liquidated, further driving the market upward. Against this backdrop, Vanguard announced it would allow trading of Bitcoin, Ethereum, XRP, Solana, and other crypto ETFs, ending its years-long ban on crypto.
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BTC6.93%
ETH8.66%
XRP8.43%
SOL11.92%
06:54

The whale who has gone long more than 30 times since 10.11 has already lost over $6 million and opened new ETH long positions today.

In the past 3 hours, a whale opened a 20x leveraged long position on ETH at around $3,026, with a position size of approximately $12.35 million and an unrealized profit of $140,000. Since October, this address has frequently gone long, incurring losses of over $6 million. Recently, they have also attempted short positions with minor gains and losses.
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ETH8.66%
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06:50

Can Bitcoin End Its Five-Week Losing Streak? Key Resistance at $95,000 Becomes the Bull-Bear Divide

Bitcoin (BTC) rebounded after five consecutive weeks of decline, but its upward momentum remains weak, with key levels still needing to be broken before a true reversal can occur. Although BTC regained a critical price point in the past 24 hours, institutional demand and on-chain activity remain sluggish, leaving this week’s market conditions fragile. The biggest risk currently comes from insufficient demand. According to Farside data, spot Bitcoin ETFs saw only $8.5 million in inflows on Monday, but experienced outflows as high as $61.6 million. This means the price recovery of Bitcoin has not been supported by actual institutional funds. ETFs are typically seen as a barometer of institutional sentiment, and the recent continued net outflows reflect a still-cautious market. However, this trend has started to reverse: on Tuesday, Bitcoin ETFs saw a net inflow of $58.5 million, while Ethereum ETFs experienced a net outflow of $9.9 million.
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BTC6.93%
ETH8.66%
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06:44

Bitcoin (BTC) Surges Past $90K as Vanguard Crypto Inclusion Boosts Market Sentiment

Bitcoin (BTC) rebounded sharply this week, reclaiming the \$90,000 level after a brutal 35% correction, driven by improving sentiment around institutional access. The recovery has refocused attention on the psychologically important \$100,000 mark. BTC rose over 16% from a local low near \$80,600, gaining momentum after Vanguard confirmed it will allow ETFs and mutual funds holding cryptocurrencies to trade on its platform. This move, seen as a step toward mainstream crypto adoption, part
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BTC6.93%
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06:40

CHESS (Tranchess) up 36.78% in 24 hours

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, CHESS (Tranchess) is currently trading at $0.04, up 36.78% in the past 24 hours, reaching a high of $0.05 and a low of $0.03. The current market capitalization is approximately $8.03 million, an increase of $2.16 million compared to yesterday. Tranchess is a decentralized finance platform offering services such as liquid staking, leveraged trading, and stable yield. Its main features include: 1. Liquid Staking: Users can stake assets such as ETH and BNB to earn sustainable yields while maintaining asset liquidity. 2. Turbo and Stable Products: Investment options offering high leverage and stable returns. 3. Tranche Layering: The BISHOP token is pegged to the US dollar.
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CHESS27.45%
ETH8.66%
BNB7.75%
BTC6.93%
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06:38

The UK officially recognizes cryptocurrency as property, granting legal protection to crypto holders.

The UK Parliament has passed the "Property (Digital Assets, etc.) Act," officially recognizing cryptocurrencies and stablecoins as personal property, marking a significant breakthrough for the legal status of digital assets in the UK. This week, the Act received Royal Assent from King Charles, making it officially effective and granting digital assets the same legal protection as traditional property, removing them from the legal gray area. The move has been widely welcomed by the industry. The Bitcoin Policy UK organization called the Act a "major step forward," while the industry body CryptoUK stated that by codifying previous case law into statutory law, Parliament has provided a clear legal basis for the ownership of digital assets. Previously, while common law had sporadically recognized digital tokens as property, there was a lack of uniform standards.
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BTC6.93%
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06:34

BCH (Bitcoin Cash) 24-hour increase of 12.27%

According to Gate News Bot, as of December 3rd, CoinMarketCap data shows that BCH (Bitcoin Cash) is currently priced at $587.38, up 12.27% in the past 24 hours, reaching a high of $597.05 and a low of $510.00. The 24-hour trading volume is $674 million. The current market capitalization is approximately $11.725 billion, an increase of $1.281 billion from yesterday. BCH currently ranks 11th in global cryptocurrency market capitalization. Bitcoin Cash is a peer-to-peer electronic cash system designed to provide better money for the world. BCH features no overdraft, no borders, no chargebacks, and funds cannot be frozen. Users can choose wallets, use exchanges and block explorers, and participate in community activities. For mining pools and exchanges, it can
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BCH10.22%
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06:22

Gate Launchpool将上线Ness LAB,质押USDT或NESS可瓜分1,125,000 NESS空投

Gate News bot 消息,据 2025 年 12 月 3 日 Gate官方公告,Gate 平台推出第 343 期 Launchpool 项目 Ness LAB (NESS)。本次活动总空投量为 1,125,000 NESS 代币,用户可通过质押 USDT 或 NESS 参与挖矿,挖矿时间为 2025 年 12 月 3 日 20:00 至 12 月 10 日 20:00 (UTC+8),奖励每小时发放一次,所有代币 100% 解锁。 Gate 同时推出新手专属福利,2025 年 11 月 20 日后注册的新用户参与 USDT 池质押,保持连续质押时长不低于 48 小时且平均有效质押金额不低于 100 USDT,即可获得 100 USDT 仓位体验券,共 3,000 个名额。 Ness Lab 是一个基于区块链的创新平台,旨在通过促进用户之间的联系、协作和知识共享,推动信息经济发展。该平台以 NESS 代币为核心,通过动态奖励系统激励社区贡献,包括内容创作和知识分享等。平台还提供专家网络、导师计划和众筹机制等工具,采用社区驱动的治理模式。Gate Labs 未参与该项目投资。
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NESS-31.75%
06:19

Gate Research Institute: BTC Volatility Remains High, Divergence in Hedging Demand

PANews, December 3 – According to observations from Gate Research Institute, the crypto market remained volatile this week amid both macro and sentiment-driven disruptions. Expectations of a rate hike by the Japanese central bank and ongoing uncertainty around Fed policy continue to intensify. Currently, the probability of a rate cut in December is
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BTC6.93%
ETH8.66%
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06:18

Glassnode: An 18% Drop in Bitcoin Does Not Indicate a Crypto Winter; Institutional Funds and ETFs Support the Market

In the past three months, Bitcoin has dropped by about 18%, sparking concerns in the market about a potential “crypto winter.” On Tuesday, the stock price of US Bitcoin companies plummeted by around 40%, causing panic among some investors. However, the latest report from Glassnode and Fasanara Digital indicates that market structure indicators suggest this downturn is more of a cyclical adjustment rather than a complete collapse. The report points out that since the cycle low in 2022, Bitcoin has attracted over $732 billion in new capital, with a realized market value of around $1.1 trillion. The spot price has risen from $16,000 to approximately $126,000. Realized market value is typically the first indicator to contract during a crypto winter, but there has been no significant shrinkage so far. At the same time, one-year realized volatility has decreased from 84% to about 43%, indicating increased liquidity. ETFs and cash-margined derivatives trading have become active, suppressing price volatility.
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BTC6.93%
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06:17

AEON Releases AI Payment Data: Total Transaction Volume Surpasses $29 Million, BNB x402scan Data Integration Completed

ChainCatcher news: AI economic payment and settlement layer AEON has released its latest AI payment data. As of November, it has processed over 990,000 AI payment transactions, with a cumulative transaction volume exceeding $29 million, and has served 1.74 million users, with approximately 86,000 new users added this month. AEON also announced the completion of x402 protocol data integration with BNB Chain. Currently, more than 36,900 x402-related transactions with a total amount of about $805,000 have been tracked on-chain in a single month, which can be verified via BNB x402scan. AEON currently supports real-world AI payment applications across more than 50 million merchants in Southeast Asia, Latin America, and Africa, providing AI payment and settlement infrastructure, and already supports x402 and
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BNB7.75%
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06:13

TURBO (Turbo) up 40.40% in 24 hours

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, TURBO (Turbo) is trading at $0.00253488, up 40.40% in 24 hours, reaching a high of $0.00274064 and a low of $0.00147302, with a 24-hour trading volume of $196 million. The current market capitalization is approximately $175 million, an increase of $50.3 million compared to yesterday. Turbo Token is a community-driven cryptocurrency project created by artificial intelligence. The project started with $69 and has now developed into a fully decentralized, community-led cryptocurrency. Turbo has no central owner or authority, and anyone can use it freely as long as they comply with applicable laws and regulations. The project does not generate profits nor maintain finan
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TURBO40.32%
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06:11

Bitwise warning: In the past three months, Ethereum treasury holdings have plummeted by 80%, and Bitmine is intensifying market centralization.

The latest data from Bitwise shows that Ethereum treasury transactions are experiencing a sharp decline. In November, digital asset treasury companies purchased only 370,000 ETH, a drop of about 81% compared to 1.97 million ETH in August, signaling that the current "altcoin season" is gradually coming to an end. Bitwise senior researcher Max Shannon pointed out that this trend is similar to previous cycles: as alternative assets increase, it becomes more difficult for the same capital pool to meet demand. In July of this year, the Ethereum treasury market heated up rapidly, with multiple companies emulating Bitcoin treasury strategies for acquisitions. Among them, Bitmine, led by Wall Street strategist Tom Lee, continued to dominate the market, holding more Ethereum than the combined total of the other 68 treasury companies, making it the largest Ethereum-holding enterprise. Meanwhile, the purchasing power of smaller treasury participants declined, premiums were compressed, and they faced elimination pressure, leading to an intensified trend toward market concentration.
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ETH8.66%
BTC6.93%
06:06

SEC reviews and approves BlackRock Bitcoin ETF FLEX options, BTC rises nearly 8% in 24 hours

The US Securities and Exchange Commission (SEC) is reviewing an application to approve the launch of FLEX stock options on the BlackRock Bitcoin ETF (IBIT). According to a filing submitted on December 2, the BOX Exchange has requested a rule change to allow trading of FLEX IBIT options and is seeking an SEC waiver for the 30-day implementation delay in order to protect investor interests and ensure fair competition among exchanges. Nasdaq PHLX and Nasdaq ISE have also submitted similar proposals, with Nasdaq ISE becoming the first exchange approved to list options on IBIT. The introduction of FLEX IBIT options aims to help market participants manage the volatility risk of the BlackRock Bitcoin ETF more effectively, while also increasing liquidity and reducing counterparty credit risk. In addition, BlackRock is awaiting approval for the iShares Bitcoin Yield Plus ETF (ETHA), which will provide investors with yield-focused Bitcoin strategies. Unlike IBIT, which only tracks the spot price of Bitcoin, this ETF will offer more stable returns for yield-oriented investors. The SEC is expected to decide on the listing of options and ETFs for IBIT and ETHA in the first quarter of 2026.
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BTC6.93%
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05:54

Kevin O’Leary: The Fed's rate cut in December will have limited impact on Bitcoin, with prices likely to fluctuate within a 5% range.

American entrepreneur and investor Kevin O’Leary recently stated that the potential Fed rate cut in December would have a negligible impact on Bitcoin prices. He believes that persistent inflation may prompt monetary policy to remain tight, and expects Bitcoin prices to fluctuate around the current level by about 5%. O’Leary pointed out that his investment strategy does not rely on the assumption of Fed rate cuts, so he does not consider rate cuts to be a price driver. Although data from the Chicago Mercantile Exchange (CME) shows an 88.1% probability of a rate cut in December, O’Leary believes that inflationary pressure is the key reason for the Fed to maintain rates. The annual inflation rate in the US rose to 3% in September, pushing policy toward tightening. He emphasized that the Fed faces a dual mandate of balancing full employment and controlling inflation, and that recent increases in tariffs and input costs have also heightened the necessity of maintaining rates.
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BTC6.93%
05:47

Security agency: Only 990,000 USDT remains on Huiwang Pay's chain, and user withdrawals have been suspended.

Odaily Planet Daily News - According to Cambodian media, the Huiwang Group announced that due to recent changes in the external market environment, millions of users have rushed to withdraw funds in a short period of time. To ensure the safety of user funds and the smooth progress of subsequent payouts, the group has decided, after careful evaluation and internal research, to implement a phased delay in payment arrangements. Regarding this matter, security agency Bitrace stated that Huionepay mainly operates its stablecoin payment business on the Ethereum and TRON networks. All business addresses on the Ethereum network had almost completely depleted their USDT balances by October, with the last valid outgoing transaction occurring on November 3, and no further withdrawal activities since then. On the TRON network, business shutdowns were carried out gradually. On the 3rd, 7th, 17th, 19th, and 24th of that month, Huionepay transferred the balances from hot wallet addresses in batches to
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05:47

HBAR (Hedera) up 12.87% in 24 hours

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, HBAR (Hedera) is trading at $0.15, up 12.87% in the past 24 hours, reaching a high of $0.15 and a low of $0.13. The current market capitalization is approximately $6.318 billion, an increase of $720 million from yesterday. Hedera is a public network governed by a council of leading global institutions, dedicated to providing a fast, secure, and compliant infrastructure for decentralized applications. Hedera leverages innovative hashgraph consensus technology to power decentralized apps without compromising speed, efficiency, or security. As the only public network managed by known organizations, Hedera's unique governance framework offers robust decentralization, unparalleled transparency, and trusted decision-making. HBAR recently...
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HBAR12.5%
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05:44

Glassnode: Institutional Participation Surges, Tokenized Bitcoin RWA Scale Soars to $24 Billion

The latest report from Glassnode shows that the Bitcoin market is entering a more mature cycle, with a significant increase in institutional participation, decreased market volatility, and rapid expansion in the scale of tokenized real-world assets (RWA). Data indicates that approximately $732 billion in new capital has been absorbed this cycle, and one-year realized volatility has nearly halved, demonstrating sustained improvement in market stability. In the past 90 days, Bitcoin’s on-chain settlement volume was about $6.9 trillion, on par with payment giants such as Visa and Mastercard. Although some trading has shifted to ETFs and brokerage channels, on-chain transactions still dominate. Capital inflows into regulated ETFs are driving funds to move through traditional channels, enhancing market liquidity and reducing spot volatility.
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BTC6.93%
05:40

Strategy CEO: Considering Bitcoin lending business, no plans to reduce Bitcoin holdings

According to a report by Jinse Finance, Bloomberg reported that Strategy CEO Phong Le said the company is considering lending out some of its tokens. He stated that when traditional financial firms enter this space and we have different counterparties, lending Bitcoin is something we would consider, and I think we would be very enthusiastic about it.
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BTC6.93%
05:37

Vanguard Group launches its first Hedera ETF, HBAR price surges 12.7%, institutional interest accelerates

Hedera (HBAR) saw a significant price rebound after Vanguard Group launched its first HBAR ETF, rising 12.7% in 24 hours. This marks a continued increase in institutional interest in the Hedera ecosystem, following Canary Capital's HBAR ETF attracting $80 million in inflows last month. On Tuesday, Vanguard Group, which manages $11 trillion in assets, confirmed the issuance of the HBAR ETF, seen as an important signal of traditional finance further entering the crypto asset space. The market responded positively, with HBAR rebounding along with the broader crypto market that day, but the core driver behind its rise was the new spot demand brought by the ETF listing.
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HBAR12.5%
BTC6.93%
ETH8.66%
LINK19%
05:36

Hiro launches Chainhooks 2.0 Beta to enhance the reliability of Stacks and Bitcoin development infrastructure

The Hiro Team announced that Chainhooks 2.0 has entered Beta testing, aiming to improve reliability, reduce maintenance costs, and enhance scalability. The new version includes architectural refactoring, a simplified development experience, and full lifecycle management features, with improved performance as well. The current Beta is limited to 10 spots, and future updates will support Bitcoin chain filtering.
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BTC6.93%
SBTC7.26%
05:34

The total number of TRON accounts has officially surpassed 350 million.

The total number of TRON accounts has surpassed 350 million, with transaction volume exceeding $23 trillion, and on-chain activity continues to grow. According to a report by Web3 e-commerce platform Uquid, product orders based on TRON USDT are expected to surge by 64% in 2025. TRON is committed to building decentralized internet infrastructure.
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TRX1.18%
05:28

Global "Wrench Attacks" Surge: Trinidad Crypto Buyer Robbed at Gunpoint, Loses $85,800

Another armed robbery targeting cryptocurrency buyers has occurred in Trinidad. A man from Aruca was ambushed in a parking lot by two masked gunmen, losing $85,800 in cash and his phone, highlighting the global surge in “wrench attack” violent incidents. According to local media reports, the man was sitting in the parking lot of a pharmacy on Trinity Centre Road, handing a black bag of cash to a colleague he had known for two years in preparation for a cryptocurrency purchase. Right after the handover, two armed men suddenly approached the vehicle, knocked on the window, and quickly fled with the cash and phone. Police are currently investigating the case.
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05:27

ALCH (Alchemist AI) up 40.29% in 24 hours

According to Gate News Bot on December 3rd, as per CoinMarketCap data, at the time of writing, ALCH (Alchemist AI) is trading at $0.20, up 40.29% in 24 hours, reaching a high of $0.20 and a low of $0.11. The current market capitalization is approximately $168 million, an increase of $48.1 million from yesterday. Alchemist AI is an artificial intelligence platform that can turn ideas into usable applications and games within minutes, without the need for coding. The platform offers different generation pipeline options, including a regular pipeline that balances speed and quality, a fast pipeline for rapid prototyping, and the Sonnet 4.5 pipeline optimized for contextual understanding. Users can watch AI agents collaborate in real time to build applications and immediately experience the results of their creations.
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ALCH42.3%
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05:23

Bitcoin returns to $93,000, SOL, ADA, and XRP surge over 12%: Can the deleveraging rebound continue?

After experiencing intense volatility, the cryptocurrency market has seen a strong rebound. On Wednesday, Bitcoin (BTC) once again broke through the $93,000 mark, with major large-cap tokens strengthening in tandem—SOL, ADA, and XRP each recorded gains of over 12%. This round of gains partially recouped the losses from nearly $500 million in liquidations on Monday. In the past 24 hours, the derivatives market saw large-scale short liquidations totaling $457 million, including $224 million in BTC liquidations and $94 million in ETH liquidations. This round of liquidations significantly deleveraged the market, making room for a price rebound and providing temporary relief from sustained downward pressure.
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BTC6.93%
SOL11.92%
ADA14.1%
XRP8.43%
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05:12

LINK (Chainlink) up 17.59% in 24 hours

Gate News Bot reports that as of December 3rd, according to CoinMarketCap data, LINK (Chainlink) is currently priced at $14.23, up 17.59% in the past 24 hours, reaching a high of $14.23 and a low of $11.76 in the same period. The 24-hour trading volume has reached $974 million. The current market capitalization is approximately $9.919 billion, up $1.484 billion compared to yesterday. Chainlink is the industry-standard oracle platform, supporting decentralized finance and driving capital markets on-chain. Chainlink provides reliable external data sources for smart contracts, enabling them to securely interact with off-chain resources. Recent important news about LINK: 1️⃣ **The first Chainlink spot ETF is about to be listed** Grayscale Chai
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LINK19%
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05:10

Litecoin surges 10%, may see a key breakthrough after Vanguard opens LTCC channel

Litecoin (LTC) surged 10% today, making it one of the best-performing major cryptocurrencies in the market. One of the key factors driving the rally is the official launch of Vanguard’s LTCC spot ETF channel this morning, which provides traditional finance users with more convenient access to Litecoin exposure and has significantly boosted market sentiment. From a price structure perspective, LTC is currently moving within an increasingly tight symmetrical triangle. It has recently found strong support and rebounded near $77.51, and at the time of writing, remains stable at around $82.94. The pattern is approaching its apex, indicating a potential breakout may be imminent. Each time the price tests the lower boundary it quickly rebounds, showing that buying momentum is strengthening.
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LTC9.67%
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