PANews, December 5—According to Jintou, Joanne Hsu, Director of the University of Michigan's Consumer Survey, stated that the preliminary December consumer sentiment index rose by 2.3 points to 53.3, an increase within the margin of error. This month's growth is mainly concentrated among younger consumer groups. Although views on current conditions have changed little, expectations have improved—personal financial expectations rose by 13%, and the trend of improvement is seen across all age, income, education, and political orientation groups. However, the December personal finance expectations index is still nearly 12% lower than at the beginning of the year. Labor market expectations have improved slightly but remain relatively sluggish. Consumers believe some indicators have improved slightly compared to November, but overall sentiment remains generally cautious, with the burden of high prices continuing to be cited as a major ongoing pressure. Looking ahead, one-year inflation expectations fell from 4.5% in November to 4.1% in December, the lowest level since January 2025.

Layer-2 network Base has officially integrated with the Solana ecosystem, launching the Base-Solana bridge, which leverages Chainlink’s CCIP protocol to enable seamless cross-chain transfers of SOL and other Solana assets. This move transforms Base from an Ethereum-focused Layer-2 network into a major liquidity hub, greatly enhancing interoperability between the two ecosystems. The Base-Solana bridge ensures security through a multi-layer validation model, with Base’s backing CEX and Chainlink CCIP nodes acting as independent validators to verify all token transfer messages. This mechanism effectively safeguards cross-chain asset security. Johann Eid, Chief Business Officer of Chainlink Labs, stated that with Chainlink CCIP, Base is driving the industry toward a more reliable standard of interoperability.

According to Bloomberg, BlackRock’s iShares Bitcoin Trust (IBIT) has recently experienced significant outflows, setting a record for consecutive weeks of net outflows since its launch in January 2024, indicating that institutional demand for Bitcoin remains weak. Bloomberg data shows that in the five weeks ending November 28, investors withdrew more than $2.7 billion from the ETF, with another $113 million redeemed on Thursday, putting the fund on track for its sixth consecutive week of outflows. IBIT manages assets totaling over $71 billion and has long been an important tool for traditional investors to gain exposure to Bitcoin. The ongoing outflows are in line with the bearish trend that followed a major liquidation event in early October, when over $1 trillion was wiped from the crypto market’s capitalization. Although Bitcoin has recently rebounded in price, the persistent ETF outflows highlight a marked shift in market sentiment.

PANews, December 5—According to PeckShieldAlert, the stablecoin project USPD has suffered a major security breach, resulting in a loss of approximately $1 million. USPD's official team confirmed that the protocol was exploited, with the attacker minting tokens without authorization and draining liquidity. The team has urgently warned users to immediately revoke all token approvals for the USPD contract. The USPD protocol has confirmed it was hit by a "CPIMP" attack. During the deployment phase, the attacker front-ran the initialization of the proxy via Multicall3, seized admin privileges, and disguised themselves as an audited implementation contract. The team stated that the issue was not a contract logic bug; the attacker concealed their access for several months before upgrading the proxy, minting about 98M USPD, and transferring around 232

Bitcoin continued to trade sideways near $92,000 on Friday, failing once again overnight to break through $93,000, which further solidified the recent consolidation range. The current market structure is still dominated by bears suppressing prices in the mid-$93,000 range and bulls providing support around $91,000, but neither side has enough momentum to establish a clear trend. Looking at the past month, Bitcoin remains in a downward structure since the early November high, and the recent rebound has even formed a lower high, suggesting that the corrective trend remains unbroken. The weak momentum and rapid pullback after rebounds indicate that liquidity above $93,200 is still thin. If $91,000 is breached, key support lies in the $90,000–$90,500 range; to the upside, a breakout above $93,200 is needed to reverse the short-term downtrend.

The cryptocurrency market is experiencing a major event today—over $4 billion in options are set to expire, involving major assets such as Bitcoin, Ethereum, Ripple (XRP), and Solana (SOL). Traders generally expect another round of significant short-term volatility in the market, and before next week’s Federal Reserve FOMC interest rate decision, the total crypto market cap may fall below $3 trillion again. In the past 24 hours, there have been $270 million in liquidations in the crypto market. Coupled with rising US Treasury yields, Japanese bonds, and gold prices, Bitcoin and major assets have come under downward pressure. Although BTC, ETH, XRP, and SOL saw a brief rebound during today’s session, the overall technical structure remains weak.

Gate News bot message, A significant whale trader is currently maintaining a 20x leveraged long position of 537.83 BTC, valued at $49.1 million, according to data from CMMHyperTracker. The position, which has been held for 24 days, currently shows a floating loss of $4.49 million. However, this mar

Gate News bot message, A significant "perp to spot" whale trader has established a new 20x leveraged long position of 4,046.83 ETH, with a total value of $12.72 million. The position is currently showing a floating loss of -$240,400, with a liquidation price set at $738. The trader's overall perfor

Gate News bot message, latest ETF flow data as of December 4 shows varying trends across major cryptocurrency funds. Bitcoin ETFs recorded a negative one-day net flow of -349 BTC (-$32.19M), while maintaining a positive seven-day net flow of +1,211 BTC (+$111.79M). Ethereum ETFs demonstrated stro

Jinse Finance reported that Meta Platforms (META.US) CEO Mark Zuckerberg is expected to significantly reduce resource investment in building the metaverse, a strategy he once defined as the company’s future and which prompted the rebranding of Facebook. According to sources familiar with the matter, management has discussed cutting next year’s metaverse division budget by as much as 30%. This division covers virtual world product Meta Horizon Worlds and its Quest virtual reality business. If such a substantial reduction is implemented, layoffs could begin as early as January next year, though no final decision has been made yet. Sources said the proposed metaverse cuts are part of the company’s 2026 budget planning. They added that Zuckerberg has asked Meta executives to seek an overall 10% budget cut, a standard requirement in similar budget cycles over the past few years.

Gate News bot message, blockchain data shows that a significant whale address identified as 0x97BD has executed another substantial withdrawal of 10,000 ETH (equivalent to $31.91 million) from centralized exchanges. The transaction occurred 2 hours ago. Following this withdrawal, the whale's total E

BlockBeats News, December 4—Wolfe Research stated that now is a good time to buy cryptocurrencies on dips. The current crypto market is showing a clear divergence between bulls and bears, creating a potential buying opportunity. The firm still expects Bitcoin’s interim bottom to be around $75,000, even after Bitcoin rebounds and regains the $90,000 level. However, Wolfe also pointed out that Bitcoin ETF inflows remain weak and digital assets overall continue to be under widespread downward pressure. From a technical perspective, the crypto market has returned to a key long-term support area, which has served as a turning point for prices multiple times in the past. Momentum indicators are improving, and Bitcoin’s current rebound is seen as constructive. Wolfe believes the next major test is the 50-day moving average at $101,000.

Pacifica exchange has distributed 10 million weekly points, allocated to active users based on trading volume. Traders can enjoy a minimum 0.028% trading fee and 0% maker fee. Recently, high-frequency trading addresses have been active, with a slight increase in platform trading volume. Most high-leverage positions are in major cryptocurrencies, and some addresses are profitable.

PANews, December 4—According to Bloomberg, thanks to a record £9 million ($12 million) donation from crypto investor Christopher Harborne, the Reform UK party led by Nigel Farage received more donations in the third quarter than any other UK political party. This indicates that the business community and wealthy individuals are taking the party's lead in opinion polls seriously. From July to September, Reform UK received £10.3 million in donations, the ruling Labour Party led by Keir Starmer received £2.2 million, and the main opposition Conservative Party received £4.7 million. These figures do not include public funds provided by the government to opposition parties. Although quarterly political donation data tends to fluctuate significantly, the amount raised by Reform UK surpasses all other major parties in the UK, highlighting the party's growing prominence in the country's political landscape. Despite

Pi Network is ramping up its communication efforts as anticipation grows around the upcoming December 2025 unlock of 190 million PI tokens. In a new announcement, the core team positions Pi as a global Web3 opportunity rather than a purely technical blockchain project, using bold and futuristic messaging to highlight its mobile-first vision. The team believes Pi’s simplified onboarding model can help millions enter the digital economy faster than traditional blockchain platforms. A major

In December, the crypto industry showed three major rapid growth trends: an explosion in Web3 consumer finance, U.S. policy fueling a surge in the robotics sector, and the prediction market entering a phase of high trading volume competition. These areas may become the most promising investment directions in 2026.

Ethereum price has risen 5% within 24 hours, reclaiming the $3,200 mark, with market sentiment significantly improving. This surge is mainly driven by two factors: the official launch of the Fusaka upgrade and continued accumulation by whales and "shark wallets." Fusaka, Ethereum's second major upgrade this year, has been officially launched. The core change is the introduction of PeerDAS technology, which allows validators to process smaller data segments, increases network throughput efficiency, and significantly reduces transaction costs. This upgrade marks a key step forward for Ethereum's scalability and long-term performance goals, and has received positive feedback from both developers and the user community.

CryptoQuant analysis indicates that the velocity metric of the XRP Ledger has surpassed its annual high, reflecting enhanced network economic activity and a significant increase in on-chain transaction volume. High liquidity suggests active market participation. Analysts warn that this surge in on-chain activity could signal major market changes, and investors should pay close attention.

According to Gate News Bot on December 4, citing CoinMarketCap data, as of press time, EDEN (OpenEden) is trading at $0.08, up 11.76% in the past 24 hours, reaching a high of $0.09 and a low of $0.07. The current market capitalization is approximately $15.4 million, an increase of $1.62 million from yesterday. OpenEden is committed to building a bridge to a new financial system by bringing real-world assets on-chain. Its mission is to introduce real-world assets into DeFi to unlock trillions of dollars in value. OpenEden is a regulated, world-class, and trusted platform that is redefining finance and the tokenization of real-world assets. Recent major news about EDEN: 1️⃣ **Strategic financing successfully completed, attracting multiple well-known institutions** OpenEd

Gate News bot message, prediction markets achieved a new milestone in November with a total trading volume of $14.3 billion, recording a 54% increase from October's figures. The trading activity was led by three major platforms: Kalshi secured the top position with $5.8 billion in volume, followed

PANews, December 3—According to Cointelegraph, the latest data shows that the number of registered foundation companies in the Cayman Islands has surged by 70% year-on-year. By the end of 2024, the number of registered companies has exceeded 1,300, and more than 400 new registrations have been added so far in 2025. This type of structure is increasingly being used as a legal wrapper for decentralized autonomous organizations (DAOs) and serves as an ecosystem manager for major Web3 projects. According to a press release from Cayman Finance, many of the world’s largest Web3 projects are now registered in the Cayman Islands, and at least 17 foundation companies have reserves exceeding $100 million. The surge in Web3 foundations coincides with a shift in the Cayman Islands’ own regulatory policies, stemming from the implementation of the Crypto-Asset Reporting Framework (CARF) by the Organization for Economic Cooperation and Development (OECD). The Cayman Islands has already...

BlockBeats news, on December 3, according to HyperInsight monitoring, since November 17, the "long basket of altcoins" whale (0xa2c) and the "lead altcoin short seller" whale (0xa31) who has been shorting 22 tokens since November 2, have been trading against each other for half a month. Both parties hold very similar tokens, have not made significant portfolio adjustments recently, and the total size of their positions is similar. The latest details of the two whales are as follows: "Long basket of altcoins" whale: currently holds long positions in 20 altcoins, with overall unrealized losses narrowing from $4.9 million yesterday to $2.34 million, and a total position size of about $25.1 million. Currently, only FARTCOIN, SOL, and LINK have small unrealized profits totaling about $320,000; "Lead altcoin short seller" whale: currently holds short positions in 22 altcoins, with a position size of about 22.8

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.

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.

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.

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.”

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.

Gate News bot message, a notable cryptocurrency whale has deposited $4.49 million USDC into HyperLiquid, expanding their leveraged ZEC long position at 10x. The trader maintains an open order for additional position increase. According to the data, the same whale currently holds leveraged long posi

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.

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.

Odaily Planet Daily News: Superform has published a long post on X announcing recent major project developments, including: Superform airdrop registration is now open; the first snapshot was completed on December 1; Superform community members and Cookie.fun users are eligible to participate in the community fundraising to acquire UP tokens at a discounted price. The UP community sale will take place from December 4 to 9 (Beijing time). The Superform rewards cycle (Epoch 1) has officially started. In addition, the official announcement states that the UP token community public sale will be held at 11:00 PM on December 4 (Beijing time) on Legion.cc supported...

Gate News bot message, significant stablecoin movements occurred as Tether and Circle executed combined CEX operations totaling $1.5 billion in the past 10 hours. Specifically, Tether conducted a $1 billion USDT CEX operation on Tron network, while Circle performed a $500 million USDC CEX operation

PANews December 3 news, Base co-founder Jesse Pollak posted on the X platform that Base is recruiting a public relations director to work directly with them to promote the mission of "building an inclusive global economy." This position will be responsible for connecting the encryption community with the media, planning major events, and promoting brand communication.

PANews December 2 news, according to Jin10 reports, the U.S. Securities and Exchange Commission (SEC) plans to facilitate small companies going public by reducing mandatory disclosure requirements and scaling back compliance standards based on company size. SEC Chairman Paul Atkins stated in a speech prepared for an event at the New York Stock Exchange on Tuesday that this move could increase the IPO pipeline and revitalize the roster of listed companies. The revisions include providing companies with a "transitional period" of at least two years (instead of just one) to gradually meet the listing rule requirements, such as phased disclosure of information to investors and submission of other reports. The agency will also re-evaluate the definition of small businesses to lessen their burden. Atkins pointed out that the last major adjustment to the definition of company size was twenty years ago and lamented that the current number of listed companies has decreased by about half compared to thirty years ago. "Our regulatory framework should provide IPO opportunities for companies at all stages of growth and in all industries," he said, and

Odaily News Alliance DAO co-founder QwQiao stated that if some L1 Tokens are believed to have the opportunity to become "non-sovereign value reserves" and serve as hedging assets for Bitcoin, their valuation is not considered high. He pointed out that Bitcoin may face two major challenges in the future: security budget and anti-quantum capabilities, while protocol solidification may limit its response speed. Although he remains optimistic about Bitcoin's long-term position, he emphasized that this is precisely the main logic for allocating some L1 Tokens.

Solana (SOL) has accumulated a fall of about 57% since reaching its historical high of 295.83 USD at the beginning of the year, and is currently hovering within a long-term support zone around 120 USD. If it breaks this key support, SOL may face deeper dumping pressure, with the next major support level around 71 USD, indicating a potential further fall of 40%. The technical indicators show that SOL has strong bearish momentum. The weekly RSI has formed a bearish divergence and has fallen below 50, while the MACD is also in negative territory, indicating that the bearish forces are dominant. The price of SOL has been constrained within the range of 120-250 USD for a long time, and if this range is broken, it will trigger a clear trend reversal to bearish. The daily chart shows that SOL is under pressure below the descending resistance trend line, lacking rebound signals in the short term.

At the beginning of December, a Bitcoin miner wallet that had been dormant for over 15 years was awakened under record mining pressure, transferring 50 Bitcoins to an external Address, valued at approximately 4.33 million dollars. The on-chain tracking platform Lookonchain confirmed that the wallet belonged to the "Satoshi Nakamoto era," and this transfer became one of the oldest Bitcoin movements in recent years. Data from miner reserves shows that Bitcoin miners have sold approximately 300,000 Bitcoins over the past two years, with miner reserves continuously declining, reflecting ongoing selling pressure in the market. Mining difficulty has risen to a historical high of 149.30 trillion hashes, and revenue from computing power has decreased from about $55/PH/s in Q3 2025 to $35/PH/s in November, below the average cost of major mining companies at $44/PH/s. Even with the latest generation of mining machines, the payback period exceeds 1000 days, far surpassing the countdown to the next Bitcoin halving.

Odaily News According to official news, Gate will officially launch a stock token trading cashback benefit activity from December 2nd, 16:00 to December 23rd, 16:00 (UTC+8). Users can earn 100% of the trading fees back, with a maximum of 1,450 USDT per person. The activity includes three major benefits: lucky subsidy for signing up, 0 threshold cashback for the first order, and double cashback for both spot and contract trading.

According to BlockBeats news on December 2nd, CoinDesk reported that the fintech company Unlimit launched a decentralized clearing platform called Stable.com specifically designed for stablecoins. Users can trade major stablecoins without the need for GAS or Commission, while maintaining full control over their funds.

Odaily News According to official news, in response to recent discussions about layoffs, Gate publicly addressed external concerns, clarifying that the relevant rumors are completely false. Gate founder and CEO Dr. Han stated: "Thank you for your concern, the layoff storm has finally reached us, it is purely a rumor, there are no major moves within Gate. We are continuously accelerating our construction, and there will be many product updates coming soon, we welcome everyone to follow along and witness us doing better and better, Keep building. See you at the Abu Dhabi F1 finals next week."

BlackRock executives stated that the financial system is undergoing the largest infrastructure transformation since the emergence of electronic information technology in the 1970s, driven by blockchain-based tokenization technology. CEO Larry Fink and COO Rob Goldstein pointed out in an Economist column that the financial industry is "entering the next major transformation phase of market infrastructure," with tokenization expected to transfer assets in a faster and more secure manner. Tokenization records ownership of assets on a digital ledger, enabling trading and settlement of assets such as stocks, bonds, and real estate without the need for traditional intermediaries. BlackRock believes that this technology can expand the range of investable assets and achieve instant settlement, while replacing manual processes and customized settlement methods. Executives emphasize that tokenization will not immediately replace existing systems, but will serve as a "bridge" connecting traditional institutions with digital innovators.