Golden Finance reports that the American asset management company VanEck has disclosed that its total Assets Under Management has reached $171.7 billion, with the digital asset management scale exceeding $5.2 billion, covering its full range of digital asset solutions. Additionally, VanEck announced that it has extended the fee waiver period for its Bitcoin ETF from the previous date of January 10, 2026, to July 31, 2026.

BlockBeats news, on December 2, prominent German financial journalist Holger Zschäpitz expressed the view that, in the context of interest rate hikes in Japan, investors have begun to reconsider arbitrage trades supported by yen funds, especially as Bitcoin now fluctuates almost in sync with the yen.

Foresight News reports that Franklin Templeton Digital Assets tweeted that the Franklin Crypto Index ETF has added ADA, LINK, DOGE, SOL, XLM, and XRP Tokens. Previously, the Franklin Crypto Index ETF only held ETH and.

Gate News bot message, Gate market shows GT 24 hours rise 3.02%, current price 9.89 USDT.

BlockBeats news, on December 2, according to Coinbob's popular address monitoring, the ZEC short order of "ZEC&MON maximum shorts" has continuously closed positions to take profit after switching from losses to gains since yesterday, with the holdings scale decreased from 23.21 million dollars yesterday to 9.88 million dollars, recording a profit of over 5 million dollars, and currently still having unrealized gains of 2.43 million dollars (125%), with a weekly profit of 15.33 million dollars. This address previously entered a position shorting ZEC on October 10, with an entry price of about 184 dollars, and subsequently increased the position to average down, raising the average price to 419 dollars; on October 17, the unrealized losses peaked at 21 million dollars, recording a loss of nearly 3 million dollars. According to monitoring, this address is currently also shorting.

U.S. military personnel are forming a unique investment culture, participating in the surge of tech stocks and Crypto Assets, changing their wealth status, but high-risk strategies raise concerns. Some examples indicate that investors face financial crises during market reversals. Between 2020 and 2021, the U.S. military held a significant position in the crypto market.

According to Jinse Finance, the demand for Japan's 10-year government bond auction on Tuesday was stronger than the average level of the past 12 months, despite the rising expectations for the Central Bank's recent interest rate hike. The bid-to-cover ratio was 3.59, up from 2.97 in the last auction in November and the 12-month average of 3.20. This auction took place after Bank of Japan Governor Kazuo Ueda made comments on Monday, which the market believes increased the likelihood of a rate hike later this month. Ueda stated that the Bank of Japan would weigh the pros and cons of raising interest rates and take appropriate action, adding that even after a rate hike, financial conditions would remain accommodative. Currently, the swap market indicates an approximately 80% chance of a rate hike at the policy meeting on December 19, while the likelihood of a January rate hike has risen to over 90%. In contrast, just a week ago, the probability of a December rate hike was only 36%. Meanwhile, the Japanese Ministry of Finance plans to increase short.

Cardano is planning to inject critical liquidity into its long-weak DeFi infrastructure through a fund worth approximately $30 million. According to a proposal submitted on November 27, Cardano aims to utilize 70 million ADA to introduce top stablecoins, accomplices, cross-chain bridges, pricing Oracle Machines, and institutional-level analytical tools to establish a real economic foundation for the network by 2026. This proposal is jointly promoted by Input Output, EMURGO, the Cardano Foundation, Intersect, and the Midnight Foundation, showcasing an unprecedented collaboration within the ecosystem. The core goal behind it is clear: to fill the infrastructure gap that has affected Cardano's development over the years.

Ripple's stablecoin RLUSD has rapidly expanded one year after its issuance, with a total supply reaching $1.26 billion. However, 82% (approximately $1.03 billion) is deployed on Ethereum, while the native XRP ledger (XRPL) only supports $235 million, indicating a clear market preference for Ethereum's more mature Decentralized Finance ecosystem. Ethereum has a strong liquidity in USD and a stablecoin system, with leading protocols like Aave, Curve, and Uniswap allowing RLUSD to seamlessly integrate into the existing financial infrastructure. Currently, the USDC/RLUSD pool on Curve has approximately 74 million USD in liquidity, providing a low-slippage environment for institutional trading, arbitrage, and yield strategies. Therefore, for institutional investors with larger capital sizes, Ethereum is a more efficient and deeper choice.

PANews, December 2 - The Riksbank of Sweden has released a research report indicating that despite different regulatory frameworks, there is a gradual substantive convergence in stablecoin policies between Europe and the United States. The report focuses on three major dimensions of central bank policies: whether to allow stablecoin issuers access to settlement systems, whether central bank reserves can be used as collateral, and whether liquidity support can be obtained. Currently, while the law in both Europe and the U.S. permits the use of central bank reserves, there are still operational limitations. The European Central Bank has allowed some non-bank payment institutions to hold central bank account balances for transaction flows, but has not opened up the use of stablecoin backing.

According to GMGN market information, the memes in the Solana ecosystem have shown a significant rebound today, with ZEREBRO rising over 35%, JELLYJELLY rising over 25%, and FARTCOIN rising over 16%. BlockBeats reminds users to invest cautiously.

Golden Finance reports that Aster announced on the X platform that the fourth phase of the buyback began on December 2 at 01:10 UTC.

Golden Finance reported that the Sveriges Riksbank has published a report on stablecoins, exploring their benefits and risks. The report also analyzes how central banks around the world are formulating policies for stablecoin issuers, revealing that despite differing regulatory frameworks, there is a practical convergence in policy between the United States and Europe. The analysis by the Central Bank of Sweden identified three key areas of central bank policy: whether issuers can access the central bank settlement system, whether they can use central bank reserves as backing assets, and whether they can access the central bank's standing facilities and liquidity support. Regulatory agencies in the United States and Europe have created legal frameworks that technically allow the use of Central Bank reserves as supporting assets, while implementing restrictive measures to limit their use. In Europe, MiCA (Markets in Crypto-Assets Regulation) allows stablecoin reserves to include central bank currencies, although the European Central Bank (ECB) and other EU

PANews December 2 news, according to the announcement from Rayls Labs, the $RLS Token is now officially open for claiming, and users can claim it through the public claiming page. Investors who participated in the private sale through the Republic platform can go to the exclusive private sale page to claim their unlocked shares.

Cantor Fitzgerald disclosed for the first time its holdings in Solana-related exchange-traded funds (ETF) in the latest 13F filing submitted to the SEC, marking the official entry of this major Wall Street brokerage into the ranks of institutions following regulated products related to Solana. The document shows that Cantor holds 58,000 shares of Volatility Shares Solana ETF (ticker: SOLZ), with a holdings value of approximately $1.283 million. This ETF provides futures-based exposure to Solana, rather than directly holding SOL tokens. In March of this year, the fund was listed on Nasdaq, sparking market interest in non-Bitcoin and non-Ethereum cryptocurrency asset ETFs. At the same time, several institutions including Fidelity, Canary, and VanEck have also launched their own Solana ETFs recently, reflecting the trend of the market actively expanding diversified digital asset investment channels after the SEC approved related products in September.

According to the latest liquidation map data, if the price of Bitcoin rises to $96,900, approximately $9.6 billion in short positions will face liquidation risk. This means that once the market experiences a strong rebound, it could trigger a large-scale short position closing wave, further amplifying price fluctuations. As of the time of writing, Bitcoin is priced at approximately $86,583, having slightly rebounded after earlier dropping below $84,000. The recent increase in Bitcoin's fluctuation is closely related to the rising leverage usage in the derivatives market. More and more traders are betting on price direction in a high-leverage environment, making the market more sensitive to short-term fluctuations.

According to ChainCatcher news and GrowThePie data, Ethereum's mainnet set a historical highest throughput record in 2025. The peak TPS (transactions per second) of the Ethereum ecosystem recently reached a historical high of 32,950. Lighter accounts for about 90% of Ethereum L2's average daily TPS, but pays only about 685 USD in on-chain costs to Ethereum each day.

Gate News Bot news, on December 2, according to CoinMarketCap, as of the time of writing, MAV (Maverick Protocol) is currently priced at 0.03 USD, with a pump of 9.43% in the last 24 hours, reaching a high of 0.03 USD and a low of 0.03 USD, and a 24-hour volume of 11.7 million USD. The current market capitalization is approximately 22.9 million USD, an increase of nearly 1.98 million USD compared to yesterday. Maverick Protocol is a decentralized finance ( DeFi ) liquidity operating system that provides a one-stop liquidity solution for token projects, liquidity providers, and blockchain ecosystems, aimed at guiding efficient markets, optimizing liquidity, and reducing budget expenditures. This protocol introduces the first liquidity operating system in DeFi, designed to meet all users' cross-chain liquidity needs in one place.

Odaily News According to the official announcement, Gate Fun has officially launched the latest fee distribution plan, which takes effect immediately from the announcement. This adjustment significantly increases the rewards ratio for creators and the community CTO team, allowing value creators to truly become the main beneficiaries of the ecosystem. Before migrating to GateSwap, the total fee remains at 1%, with creator rewards increased from 0.1% to 0.8%; protocol fees and ecosystem pool are both reduced to 0.1%. Graduation rewards remain unchanged at 50 GT. After migrating to Gate Swap, fees will be differentiated based on project market capitalization. For projects with a market capitalization of less than $1 million, creator/CTO rewards are increased to 0.6%, and protocol fees are reduced to 0%; when the market capitalization exceeds $1 million, the total fee is 0.3%, with the ecosystem pool and creator rewards distributed.

BlockBeats news, on December 2, the Japanese government launched its own version of the "Government Efficiency Department" (DOGE), setting a plan in its first meeting aimed at identifying and eliminating inefficient tax measures and subsidies. After the first DOGE meeting, Finance Minister Shunichi Suzuki told reporters on Tuesday: "By eliminating waste through the efforts of everyone, including the public, and directing funds to areas that truly need them, we will form a sharp contrast to previous administrations. This is crucial for maintaining trust in the nation, in our currency, and in the market." Shunichi Suzuki also mentioned that she believes there is no discrepancy between the government's and the Bank of Japan's assessments of the economy, after Bank of Japan Governor Kazuo Ueda expressed confidence in the economic outlook and hinted at possible interest rate hikes. Japan's Economic Growth Strategy Minister Minoru Kiuchi reiterated these comments verbatim, indicating that this response has been vetted by the Cabinet.

Odaily News HumidiFi announced on X that the FDV valuation for the public sale will be $69 million. According to previous news, HumidiFi has released the token economic model, and 10% of the Jupiter presale allocation will be distributed.

According to BlockBeats news, on December 2, following the recent hawkish remarks from the Governor of the Bank of Japan and related asset movements, the probability of "Bank of Japan raising interest rates by 25 basis points in December" on Polymarket has surged to 81%, while the probability of keeping interest rates unchanged is 17%. According to public information, the Bank of Japan plans to announce its interest rate decision on December 19.

The Japanese government plans to change the tax rate on profits from Crypto Assets from a maximum of 55% to a fixed rate of 20%, aiming to align it with the stock tax rate. This reform will be submitted to the National Diet in 2026 and will be accompanied by stricter investor protection measures.

Gate News Bot news, December 2, according to CoinMarketCap data, as of the time of publication, GIGGLE (Giggle Fund) is currently priced at $92.45, falling by 27.40% in the last 24 hours, with a high of $159.57 and a low of $90.07. The current market capitalization is approximately $92.40 million, a decrease of $34.8842 million compared to yesterday. GiggleFund is a community donation platform that supports children's education. The project supports GiggleAcademy through community donations, aiming to become an "unstoppable force for good." The GIGGLE token has a 5% transaction tax system, with all taxes directly donated to the GiggleFund smart contract for educational purposes. The project emphasizes that every transaction will directly impact children's education, for example, a transaction of 1000 dollars will

Foresight News reports that the Perptual Futures DEX Aster has announced on Twitter that it will advance the fourth phase of the buyback to today (originally scheduled for December 10). The execution Wallet Address and operational details will be published after the end of the first day, while other buyback parameters remain unchanged.

PANews, December 2nd news, according to the frontier red team test results released by Anthropic, AI agents identified multiple smart contract vulnerabilities in a simulated Blockchain environment, with a potential exploit amount of up to $4.6 million. The tests covered the complete process of contract analysis, command line tool configuration, network reconstruction, Exploit generation and verification, and introduced a new Benchmark for smart contract security assessment. This research was jointly completed by Anthropic, the MAT project, and the Fellows program.

Gate News Bot news, on December 2nd, according to CoinMarketCap data, CYBER (Cyber) is currently priced at $0.88, rising 10.95% in the last 24 hours, with a peak of $0.94 and a low of $0.76. The current market capitalization is approximately $50.3 million, an increase of $4.97 million compared to yesterday. CYBER is a Layer 2 solution based on Ethereum, focusing on Web3 social. The Cyber network aims to bring social primitives to the blockchain, creating new connections, creations, and experiences for artificial intelligence and users to engage with cryptocurrency. The CYBER token is used to own, govern, and protect the Cyber network. Cyber also provides an AI suite that offers cryptocurrency intelligence to developers, agents, and users, helping to transform crypto data into trustworthy insights. CYB

Gate News Bot news, on December 2nd, according to CoinMarketCap, as of the time of writing, BLESS is currently priced at $0.01, with a rise of 13.68% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $27.3 million, an increase of $3.28 million compared to yesterday. Bless is the world's first shared computing network. Users can share idle computing resources by installing a Chrome extension or a desktop quick launch installer. Bless matches users' devices and preferences with computing tasks in a trustless, transparent, and verifiable process. The longer users are online, the more workloads they support, and the more rewards they earn. Bless provides computing resources for various application scenarios, including work, AI, gaming, and research.

ChainCatcher news, the Taiyuan City Wanbailin District Prosecutor's Office has recently successfully handled a case involving the use of Virtual Money to conceal and disguise criminal proceeds. The criminal suspects Chen and Li assisted fraudsters in transferring criminal proceeds of 1.47 million yuan through the method of "cash → USD → USD". The court adopted the sentencing recommendations from the prosecution, sentencing the two to two years and six months and one year and six months in prison, respectively, and imposing fines. This case reveals a new type of criminal method of "investment eyecatching + Virtual Money Money Laundering". The prosecution has joined relevant units to carry out anti-fraud publicity, reminding the public to be vigilant against such covert cross-border fund transfer crimes.

Odaily News Cango (NYSE: CANG) announced its unaudited financial report for the third quarter of 2025, with quarterly revenue reaching 224.6 million USD, a rise of 60.6% quarter-over-quarter, of which the Bitcoin mining business contributed 220.9 million USD. The company recorded an operating profit of 43.5 million USD, a net profit of 37.3 million USD, and an adjusted EBITDA of 80.1 million USD. The average computing power in the third quarter rose from 40.91 EH/s in July to 44.85 EH/s in September, and further increased to 46.09 EH/s in October; a total of 1930.8 coins were mined in the quarter.

Latest data shows that most old Bitcoin Mining Rigs have entered the loss zone due to the rise in electricity prices. The shutdown coin price is generally above 90,000 to 100,000 dollars. In contrast, the new generation of efficient liquid-cooled models still maintains profitability, indicating an accelerated "new and old stratification" trend in the Mining Rig market.

BlockBeats news, on December 2, the Taiyuan City Wanbailin District Prosecutor's Office in Shanxi Province, China, recently announced the first-instance verdict on the case of Chen and Li, who were prosecuted for concealing and hiding criminal proceeds. The court accepted the sentencing recommendation from the prosecutor's office, sentencing the two to two years and six months, and one year and six months of fixed-term imprisonment respectively, and imposing fines. In May of this year, Ms. Zhang met "Lin Hao" (who is still at large) on a short video platform. "Lin Hao" falsely claimed that his comrade worked for a well-known company and had access to information about the company's stock rise and fall, stating that profits could be made by signing up for an account on the company’s internal website to "buy rise" (claiming a return of 5% per period). However, it required trading in US dollars and exchanging cash for US dollars with designated merchants, which would then be transferred to his comrade's US dollar account, and then transferred to the company's account. On May 21, Ms. Zhang, following "Lin Hao"'s instructions, brought 1.47 million yuan in cash to a hotel in Wanbailin District to prepare for the exchange of US dollars. Under the guidance of the upper source, Chen...

PANews, December 2nd news: The White House of the United States: President Trump will host a Cabinet meeting at 11:30 AM Eastern Time on Tuesday (0:30 AM Beijing time the next day); and will announce at 2:00 PM (3:00 AM Beijing time the next day).

The U.S. Department of Commerce has agreed to invest up to $150 million in the chip startup xLight, aiming to enhance domestic chip manufacturing capabilities. xLight is associated with former Intel CEO Gelsinger and is developing technology that competes with ASML. This move strengthens the U.S.'s influence in the chip industry.

Gate News Bot news, December 02, according to CoinMarketCap data, as of the time of writing, UAI (UnifAI Network) is currently priced at $0.15, with a rise of 22.94% in the last 24 hours, reaching a high of $0.16 and a low of $0.11. The current market capitalization is approximately $34.8 million, an increase of $6.5 million compared to yesterday. UnifAI Network is an AI-native infrastructure platform dedicated to supporting the agent financial era. The platform allows everyone to easily create, share, replicate, and automate their strategies. UnifAI Network provides end-to-end infrastructure, including agent runtime, AI evaluation system, and unified tool integration to support the development of autonomous DeFi. Important news about UAI recently: 1️⃣ **UnifAI Net

Gate News Bot news, December 02, according to CoinMarketCap data, as of the time of writing, FARTCOIN is currently priced at $0.32, having risen by 12.48% in the last 24 hours, with a high of $0.37 and a low of $0.26, and a 24-hour volume of $267 million. The current market capitalization is approximately $324 million, an increase of $35.9 million compared to yesterday. Fartcoin is a cryptocurrency project aimed at entertainment, with the slogan "Disrupting the cryptocurrency space, one fart at a time." The project emphasizes the concept of "No conspiracy, free to fart." The FARTCOIN contract address is 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump. The token is currently available on CoinMar

Golden Finance reported that the New York Stock Exchange-listed Bitcoin mining company Cango released its financial report for the third quarter of 2025, revealing that the company's mining output for the third quarter was 1,930.8 BTC, with an average daily mining volume of 21 BTC, which is a rise of 37.5% compared to the second quarter. As of the end of the third quarter, the total mining volume was 5,810 BTC. In addition, Cango also announced that its total revenue for the third quarter reached $224.6 million, of which the revenue from Bitcoin Mining was $220.9 million.

BlockBeats news, on December 2, the yield on Japan's 30-year government bonds hit a record high, driven by persistently high inflation and increasing market expectations for the Bank of Japan to raise interest rates later this month. Currently up 1.5 basis points, quoted at 3.405%. Bank of Japan Governor Kazuo Ueda stated on Monday that the central bank will thoroughly discuss the possibility of raising interest rates at the upcoming meeting, which has boosted market expectations for a rate hike in the near term. The yield on 10-year government bonds remained flat at 1.875%. (Jin10)

Gate News bot message, two prominent cryptocurrency traders have taken opposing positions in Bitcoin trading. The trader with wallet address 0xfB66 has established a 15x leveraged long position on 300 BTC ($25.9M) at $84,736.9, currently showing a profit of $505K with a liquidation price at $72,424.

Gate News Bot news, on December 02, according to CoinMarketCap data, as of the time of writing, AGT (Alaya Governance Token) is currently priced at 0.00312541 USD, having risen 13.04% in the last 24 hours, with a high of 0.00331131 USD and a low of 0.00265472 USD. The current market capitalization is approximately 5.83 million USD, an increase of 673,100 USD compared to yesterday. Alaya AI is an open and composable Web3 data sampling and automatic labeling AI infrastructure. Inspired by collective intelligence systems, Alaya AI provides customized data sampling services for enterprise applications and small to medium-sized developers through customizable Web3 incentives and RLHF/HITL precise sampling. The platform supports multimodal datasets, including image labeling, audio.

BlockBeats News, on December 2, according to Whale Alert monitoring, an Address holding 50 BTC (approximately 4.32 million USD) has just been activated after being dormant for 15.7 years.

PANews, December 2nd news, DeFiLlama data shows that the total lock-up value (TVL) of the DeFi ecosystem has declined from a peak of nearly $172 billion in early October 2025, dropping $57.7 billion to the current approximately $114.264 billion, a decrease of about 34%.

Odaily News According to monitoring by Lookonchain, a total of ten newly created wallets received a total of 2612 BTC from BitGo in the past week, amounting to approximately 231 million dollars at current prices. The aforementioned wallets were all generated recently, and their subsequent movements remain to be observed.

Gate News Bot news, December 2, according to CoinMarketCap data, as of the time of writing, BAND (Band) is currently priced at 0.47 USD, with a rise of 16.12% in the last 24 hours, peaking at 0.51 USD and dropping to a low of 0.37 USD. The current market capitalization is approximately 791,000 USD, an increase of 1,100,000 USD from yesterday. BAND is a unified data layer for AI and Web3. As a community-driven data platform, BAND has been committed to the security of on-chain data since 2018. It provides real-time financial data connections for Web3 applications, offers the latest information and AI knowledge updates to LLMs through Data Hunters, and provides verifiable randomness for games. BAND currently supports over 40 chains, has more than 11 data sources, and over 70 validators, with a total lock-up.

According to BlockBeats, the "Calm Order King" opened new long orders for BTC, ETH, and SOL in the past 7 hours, with a holdings scale reaching 13.61 million USD, and recently realized a small profit of 50,000 USD from a BTC short order. Since September, this trader has made over 30 million USD in profit from an initial capital of 3 million USD, but almost all profits were pulled back due to a mistake in November.

Gate News bot message, Two cryptocurrency wallets identified as 0xD908 and 0x0BB9, suspected to be controlled by the same entity, executed a significant token swap. The transaction involved converting 13,365 stETH into 13,356 ETH, valued at approximately $36.7 million. Following the swap, the ETH wa

Gate News Bot message, December 02, according to CoinMarketCap data, as of the time of publication, MBL (MovieBloc) is currently priced at 0.00166846 USD, with a 25.41% rise in the last 24 hours, reaching a high of 0.00245589 USD and a low of 0.00118552 USD. The 24-hour volume has reached 5.09 million USD. The current market capitalization is approximately 3.16 million USD, an increase of 6.4 million USD compared to yesterday. MovieBloc is an independent film and short film streaming platform designed to provide a showcase and distribution channel for independent films and shorts. Important news about MBL recently: 1️⃣ **Independent Film Platform Concept in Demand** MovieBloc, as an independent film and short video streaming platform, has recently attracted the attention of investors. As digital content consumption continues

Arca's Chief Investment Officer Jeff Dorman stated that the current big dump in the crypto assets market is "the strangest selling wave in history." Despite multiple favourable information factors, the market still lacks buying power, native investors are exhausted, and new funds have failed to get on board, leading to a continuous fall in prices.

To restore the trading confidence of users who have been liquidated, the Pacifica trading platform announced a 20% points bonus rewards for users liquidated between October 1 and December 1 during the month of December, aimed at helping them rebuild their trading rhythm. Pacifica was founded by former FTX COO and others, and has rapidly developed.

Gate News Bot news, on December 2, according to CoinMarketCap market data, as of the time of writing, ZEREBRO (Zerebro) is currently priced at $0.03, having risen 43.55% in the last 24 hours, with a peak of $0.03 and a low of $0.02. The current market capitalization is approximately $325,000, an increase of nearly $98,500 compared to yesterday. Currently, ZEREBRO ranks 561st in the global Crypto Assets market capitalization. Important news about ZEREBRO recently: 1️⃣ **The co-founder's suspected suicide incident triggers market turbulence** The co-founder of ZEREBRO, Jeffy Yu, has recently been rumored to have committed suicide, sparking widespread attention and speculation in the market. This incident has significantly impacted the price of ZEREBRO and market sentiment, leading to a large

According to a report by Golden Finance, Whale Alert has monitored that 300 million XRP (worth approximately $609 million) has been locked in Ripple's accomplice account.

Gate News bot message, A significant cryptocurrency movement occurred as a whale/institutional investor transferred 6.2M LDO tokens, valued at $3.6M, to centralized exchanges after a dormancy period of 1-2 years. The transaction represents a $6.26M loss from the initial investment. The LDO tokens w

The Solana ecosystem project HumidiFi has announced the economic model for its Token WET, with a total supply of 1 billion coins. The distribution includes 10% for presale, 40% for the foundation, 25% for the ecosystem, and 25% for the team, with some unlocking at TGE.

Odaily News Encryption analyst Yu Jin @EmberCN monitored that after losing only over 100,000 USD, Brother Majie recharged 250,000 USDC in the early morning and continued to increase the position on ETH long order. Currently, he holds an ETH long position worth approximately 7.54 million USD, with an entry price of 2,840 USD and a liquidation price of 2,698 USD. After October 11, the market continued to decline, and his cumulative losses during the process of increasing the position have reached approximately 21.1 million USD.

Jin10 reported that Fed Chairman Powell did not comment on the economy and monetary policy in the speech prepared for his address at Stanford University.

Gate News bot message, Gate market shows BTC breaking 87000 USDT, current price 87060.8 USDT.

The Vly Wallet of zCloak Network has officially entered the ChatGPT App Store, becoming the first listing of encryption wallet services. Users can easily start and experience the combination of this encryption wallet and AI through ChatGPT, enhancing the convenience of services in daily conversations.

BlockBeats news, on December 2, the famous "big short" Michael Burry posted that he is shorting the electric vehicle manufacturer TSL's stock. Burry stated that the valuation of TSL stock is "ridiculously high."

Gate News bot message, a significant cryptocurrency movement has been observed where a whale transferred 10,176 ETH (valued at $28.69 million) to centralized exchanges after converting it from SETH. The funds remained unmoved for 100 days prior to this transaction. Historical tracking reveals that

Odaily News According to encryption analyst Ai Yi @ai9684xtpa's monitoring, a certain ETH swing trading large investor sold 2,287 ETH on-chain in a single transaction about 9 hours ago, with a transaction amount of approximately 6.32 million USD and a selling price of 2,766.38 USD. This batch of ETH was built a position a week ago at 2,781.26 USD, during which it once had unrealized gains of about 703,000 USD, but due to not taking profit in time, it ultimately realized only about 33,000 USD in profit.

Golden Finance reports that the prediction market platform Kalshi lost its preliminary injunction to prevent enforcement by Nevada regulators on the eve of Thanksgiving and is currently seeking a court order to continue blocking state regulatory actions during the appeal. The court's lifting of the injunction means that Kalshi may face potential legal risks if it continues to operate in Nevada. Similar to Polymarket, Kalshi offers prediction contracts covering sports, politics, encryption, and traditional markets, believing that obtaining a CFTC license allows it to operate in all 50 states, but some state regulators—especially in Nevada—disagree. Nevada regulators stated that after lifting the ban, they would not immediately initiate enforcement actions before the court decides whether to grant a stay, but this is not equivalent to an administrative exemption issued by the court. The court has required state regulators to respond to Kalshi by December 8.

The founders of South Korea's largest crypto assets exchange Dunamu Inc., Song Ji-hyung and Kim Hyung-nyun, agreed to sell the company to Naver Corp.'s fintech division in an all-stock deal, valuing the transaction at $13.6 billion. Song Ji-hyung will receive a 19% stake, while Kim Hyung-nyun will receive a 10% stake, making both of them global billionaires.

PANews, December 2 news, according to CoinDesk, Travis Hill, acting chairman of the Federal Deposit Insurance Corporation (FDIC), will state at a congressional hearing that the FDIC will release its first draft of the GENIUS Act implementation concerning the federal regulatory application process for stablecoin issuance within this month, and plans to propose subsequent regulatory requirements for capital and liquidity early next year. Hill also mentioned that the FDIC is developing regulatory guidelines for tokenization of deposits.

Vanguard will allow customers to trade cryptocurrency ETFs and mutual funds starting this week, covering assets such as Bitcoin, Ether, and others, marking a significant shift in its strategy. This change is driven by pressure from retail and institutional clients, with over 100 new crypto ETFs expected to be launched in the next six months.

BlockBeats news, on December 2, Bloomberg ETF analyst Eric Balchunas posted on social media that global asset management giant Vanguard will allow trading of ETFs and mutual funds (MFs) that track Bitcoin and some other encryption assets on its platform starting tomorrow. He stated that these ETFs have been tested during multiple periods of Fluctuation, and their trading performance meets design expectations.

According to ChainCatcher news and Bloomberg reports, Fed senior banking regulator Michelle Bowman plans to announce on Tuesday at a House Financial Services Committee hearing that she will work to establish new regulatory rules for banks and stablecoins. This initiative aims to ensure healthy competition among Wall Street TradFi institutions, fintech companies, and Crypto Assets firms. In her prepared remarks, Bowman emphasized that regulators have a duty to encourage innovation in a responsible manner while continually enhancing their ability to oversee the safety and soundness risks that innovation may bring.

Odaily News The ASTER team posted on social media that, in light of the current market fluctuation, they will advance the start of the Phase 4 buyback by 8 days, with the new start date being December 2 (originally scheduled for December 10). The team stated that the execution wallet address and related operational details will be disclosed after the buyback is completed on the first day, while the other buyback parameters remain unchanged.