Search results for "CORE"
15:46

Yilihua: After Ethereum's Fusaka upgrade, the blob base fee surged by 15 million times

Odaily Planet Daily news: Liquid Capital posted on X stating, “After the Ethereum Fusaka upgrade, the blob base fee skyrocketed by 15 million times. The core reason is that EIP-7918 introduced a ‘minimum fee mechanism’ for blobs—previously, there was no minimum limit on blob fees, so they were stuck at 1 wei (almost free) for a long time, resulting in nodes shouldering the costs of KZG verification and more without reasonable returns. After the upgrade, blob fees must be ≥ 1/15.258 of the L1 execution base fee, directly anchoring fees to the real network cost. This design allows prices to reflect actual resource consumption (preventing L2s from using network resources for free), and also uses price fluctuations to regulate blob traffic and prevent congestion, while PeerDAS technology increases blob storage capacity; this
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12:29

AI-driven next-generation DeFi wallet Talisman launches native token SEEK, with a total supply of 100 million, 50% allocated for community incentives

BlockBeats news, on December 5, multi-chain DeFi wallet Talisman officially launched its native token SEEK, marking a new phase for AI-driven DeFi. The total supply of the SEEK token is 100 million, with a TGE project valuation of $60 million. Talisman’s token distribution emphasizes long-term ecosystem development, with the specific allocation as follows: · Community and Ecosystem (50%): staking rewards, LP incentives, ecosystem grants, community programs, and liquidity · Team (15%): core team and early contributors · Investors (20%): strategic investors and IDO participants · Foundation (15%): for ecosystem development and long-term strategic reserves Talisman is a multi-chain wallet and
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09:37

U.S. PCE inflation data to be released soon, Bitcoin expected to challenge the $100,000 mark

Today, the US Personal Consumption Expenditures (PCE) inflation data will be officially released. The market expects the PCE and core PCE data for September to remain roughly unchanged from the previous month. The overall PCE inflation rate is expected to rise slightly to 2.8%. This data will directly influence the Federal Reserve’s decision on rate cuts and future economic forecasts, especially in the context of expiring cryptocurrency options, with Bitcoin and other cryptocurrency markets expected to experience volatility. Wall Street expects September PCE inflation to remain “sticky,” with core PCE growing 2.9% year-over-year. Market analysts believe that if this month’s data comes in below expectations, the likelihood of a Fed rate cut will increase. The Fed’s stance is especially critical; CME’s FedWatch tool shows that the market sees an 87% probability of a 25-basis-point rate cut in December, bringing the target rate down to the 3.50%-3.75% range.
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08:08

Woori Bank Takes the Lead in Displaying Bitcoin Prices in Trading Room, South Korean Banks Accelerate Embrace of Digital Assets

Woori Bank recently added a Bitcoin (BTC) price display to its main trading floor in Seoul, presenting this crypto asset alongside core financial indicators such as the KRW-USD exchange rate, government bond yields, and stock market indices. This makes it the first commercial bank in South Korea to integrate cryptocurrency market data into a frontline trading environment. Bank officials stated that Bitcoin now serves as an important “market sentiment indicator.” As digital assets gain greater influence in global financial markets, including them in traders’ daily monitoring helps provide a more comprehensive assessment of risk appetite and cross-market linkages. This move also reflects the accelerated advancement of digital asset infrastructure within South Korea’s banking system.
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BTC-1.77%
07:55

Kalshi data featured on CNBC and CNN, media partnerships fully upgraded, further widening the gap with Polymarket

Kalshi is continuously expanding its leading position in the prediction market through strong media partnerships. Although competitor Polymarket has confirmed its imminent return to the US market, Kalshi’s recent moves have further solidified its industry advantage. Yesterday, CNBC announced that starting in 2026, it will fully integrate Kalshi’s real-time prediction data across its television and online platforms. Core programs such as "Squawk Box" and "Fast Money" will feature Kalshi’s event probability analyses, which will also be displayed in the news ticker. In addition, Kalshi will have a dedicated market data page on the CNBC website. CNBC President KC Sullivan stated that prediction markets are changing the way investors and business leaders make decisions, and Kalshi’s data will greatly enhance the depth and explanatory power of financial reporting.
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07:46

JPMorgan: Stablecoins Unlikely to Significantly Boost U.S. Treasury Demand; $2–4 Trillion Target May Be Too Aggressive

JPMorgan's latest analysis points out that although the US stablecoin market is expanding rapidly under the impetus of the GENIUS Act, its grand goal of "boosting demand for US short-term Treasuries" may fall far short of policymakers' expectations. Since the act was passed in July, the total supply of stablecoins has increased by over $50 billion, surpassing $300 billion in scale, but it is still far from the White House's previous target of $2-4 trillion by 2028–2030. JPMorgan's Head of US Short-Term Rate Strategy, Teresa Ho, stated that while stablecoins have strong growth momentum, it is "unrealistic" to expect them to grow to several trillion dollars within a few years. The bank expects that in the next few years, the stablecoin market size may reach about $700 billion, mainly limited by current laws prohibiting the issuance of interest-bearing stablecoins—a restriction that weakens the core driver of demand growth.
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07:29

The market remains stable ahead of the inflation data release, with Bitcoin and US stock index futures continuing to fluctuate within a narrow range.

On Thursday evening, global risk assets remained generally stable as traders awaited the release of a key inflation indicator—the core Personal Consumption Expenditures (PCE) index—on Friday. This data will directly affect the Federal Reserve's interest rate decision on December 10, and the market currently expects an 87% probability of a 25-basis-point rate cut. In US stock futures, Dow Jones and S&P 500 index futures were nearly flat, while Nasdaq futures rose 0.1%. The core PCE for September is expected to increase by 2.9% year-over-year, marking the 55th consecutive month above the Fed’s 2% target, which further increases uncertainty around the policy path.
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BTC-1.77%
ETH-3.08%
SOL-3.12%
XRP-1.64%
05:34

EU launches antitrust investigation into Meta: WhatsApp AI policy accused of squeezing out competitors

The European Commission has officially launched an antitrust investigation into Meta, citing its updated WhatsApp policy, which is alleged to allow only its own AI chatbots to operate while restricting other artificial intelligence service providers from accessing the platform. The investigation centers on whether Meta is leveraging its dominant market position to hinder competition, which could have far-reaching effects on the European AI industry and the ecosystem of communication platforms. The probe focuses on the business terms updated by WhatsApp in late October. The new policy explicitly prohibits third-party companies whose core product is artificial intelligence from distributing AI chatbots via the WhatsApp Business API. According to the terms, only if AI is an “incidental or auxiliary function” are relevant businesses allowed to use the API, while companies offering AI as their main service have been completely banned from access since October 15. For AI service providers already on the platform, the ban will take effect starting January 15, 2026.
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02:43

Bitunix Analyst: Market Tightens Before PCE Release, BTC 90K Zone Becomes the Battleground for Bulls and Bears

BlockBeats News, December 5 — The US will release September PCE inflation data tonight. As the Fed’s most closely watched price indicator, this result will directly impact the December interest rate decision. Currently, the probability of a 25 basis point rate cut remains at 87%. The market expects the core PCE annual growth rate to be around 2.8%, slightly above the target but continuing a cooling trend. If the data comes in below expectations, it will strengthen the market narrative of a “soft landing” and the formation of an easing cycle. On the macro level, yesterday’s weaker ADP employment data has made the market even more sensitive to this inflation result. Meeting or coming in below expectations will put pressure on the dollar and support risk assets; if above expectations, sticky inflation may push up US Treasury yields, weaken rate-cut expectations, and trigger short-term avoidance of high-volatility assets. Overall sentiment remains cautious, with liquidity waiting for the event before repositioning. The crypto market continues its choppy trend, BTC
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01:22

XNY (Codatta) 24-hour increase of 31.32%

Gate News Bot message, December 5, according to CoinMarketCap data, as of press time, XNY (Codatta) is trading at $0.01, up 31.32% in the past 24 hours, with a high of $0.02 and a low of $0.00. The current market cap is about $138,000, an increase of $329,000 compared to yesterday. Codatta (XNY) is a knowledge layer in the field of artificial intelligence, aiming to transform knowledge into royalty-generating assets. The project consists of four core parts: an expert network, quality assurance workflows, decentralized data infrastructure, and data assetization. Codatta is committed to providing professional expertise for AI, aligning interests between human contributors and AI systems, and ensuring long-term value sharing through a royalty-based payment model. Recent important news about XNY: 1️⃣
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10:46

The EU plans to expand the regulatory and enforcement powers of the European Securities and Markets Authority, involving crypto companies and pan-European market operators.

PANews, December 4—According to Bloomberg, the EU executive body has announced plans to transfer more regulatory and enforcement powers to its market regulator, sparking debate over national regulators ceding authority to Brussels. The proposal released Thursday shows that the Paris-based European Securities and Markets Authority will have new powers over significant clearinghouses, central securities depositories, and trading venues. Less than a year after the EU introduced a national regulatory regime for cryptocurrency companies, these companies and pan-European market operators will now fall under the authority of this agency. The centralization of most EU market regulatory powers requires approval from the European Parliament and the Council of Member States, with some member states strongly opposed. The core of the proposal is to strengthen the European Securities and Markets Authority's powers and resources, establishing a board of directors composed of five independent members with terms of up to five years. Preparation costs will be covered by the EU budget, while trading venues, central securities depositories, and crypto asset service providers will bear the rest.
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09:22

Pi Network Rallies Community as Web3 Adoption Accelerates Ahead of 2025 Token Unlock

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
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08:31

Ethereum treasury giant BitMine purchases another $150 million in ETH; Tom Lee: ETH could challenge $9,000

Ethereum treasury giant BitMine has once again made a significant increase in its ETH holdings, attracting market attention. According to on-chain analytics platform Arkham, BitMine purchased 18,345 ETH via BitGo on Wednesday and acquired another 30,278 ETH through a certain CEX, totaling approximately $150 million in value. Although the transactions have not yet been officially confirmed, on-chain evidence shows that the fund movements have essentially been settled. Since the beginning of this year, BitMine has maintained a steady buying trend, even during the market downturn in November without any significant reduction. In just the last week of November alone, the company added 96,798 ETH, bringing its holdings to over 3% of Ethereum's circulating supply. The company has repeatedly stated its goal of holding 5% of ETH and has consistently emphasized Ethereum's core role in the future of financial infrastructure.
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08:14

Since Trump's victory, it has soared by 330%. What exactly is supporting the price of XRP?

Since Trump's election, the price of XRP has soared from $0.50 to $2.15, a rise of about 330%, marking its strongest performance since 2017. As the regulatory environment gradually shifts from SEC pressure to being more favorable, Ripple has once again become a market focus. But beyond the hype, what investors really care about is: does XRP actually have practical use? Currently, Ripple's cross-border payment network is its most core application scenario. The company has established over 300 financial partners in 45 countries, with related annual payment volumes reaching $15 billion. XRP already has large-scale applications in high-frequency remittance markets such as Japan, East Asia, the Philippines, and Latin America. Compared to traditional cross-border payments, XRP's advantages lie in low cost, borderlessness, and high speed, which can reduce reliance on traditional financial infrastructure.
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08:08

Ethereum returns to $3,200, with the Fusaka upgrade and whale accumulation driving the rally

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.
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ETH-3.08%
07:18

Ledger reveals that the core chip of Solana Seeker has a permanent security vulnerability, which could lead to private key theft

The latest security report from Ledger reveals that the MediaTek Dimensity 7300 smartphone chip, used in Solana Seeker and several other devices, contains a severe hardware flaw. This vulnerability could allow attackers to gain full control of the device and extract users’ crypto private keys after obtaining physical access. Since the issue originates from the chip itself, the vulnerability cannot be fixed through software patches, posing a widespread and long-term security risk. Ledger researchers stated that, in their tests, they successfully attacked the chip’s boot phase using an "electromagnetic fault injection" method, bypassing protection mechanisms and obtaining full system access. Once compromised, all sensitive data on the device is left completely unprotected. This vulnerability is especially significant for the Solana Seeker phone, which touts crypto applications as a core selling point.
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07:02

Entrée Capital launches $300 million fund, focusing on AI agents and DePIN infrastructure tracks

Entrée Capital has officially announced the launch of a new $300 million fund, focusing on investments in AI Agents, Decentralized Physical Infrastructure Networks (DePIN), and regulated Web3 infrastructure. This move marks an acceleration of institutional capital flowing into blockchain systems capable of deeply integrating with modern technology stacks, especially as AI and crypto-native infrastructure rapidly converge. According to Entrée Capital, the fund will focus on investing in projects from the seed to Series A stages, targeting entrepreneurial teams driving the mainstream adoption of blockchain infrastructure. Key areas include AI agents capable of autonomous asset management within crypto strategy frameworks, as well as DePIN networks that coordinate, finance, and operate real-world infrastructure through token incentive mechanisms. These areas are seen as core technologies driving the next wave of large-scale adoption.
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06:24

SXP (Solar) up 40.94% in 24 hours

According to Gate News Bot on December 4th, citing CoinMarketCap data, as of press time, SXP (Solar) is trading at $0.07, up 40.94% in the past 24 hours, with a high of $0.09 and a low of $0.05. The current market capitalization is approximately $45.7 million, an increase of $1.33 million from yesterday. The Solar Blockchain Foundation is a non-profit organization dedicated to supporting the Solar blockchain, SXP utility token, and related technologies. The foundation focuses on decentralization, security, and transparency, overseeing the development of Solar Core while empowering the global community of developers, validators, and users. Solar Enterprises is the for-profit branch of the Solar ecosystem, dedicated to developing applications utilizing blockchain technology.
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06:19

Bitcoin breaks through $93,000 but may face "false breakout" risk: ADA, ETH, XRP rise simultaneously

Bitcoin briefly broke above $93,000, boosting the entire crypto market, but several traders warned that this move could be a “false breakout,” as market structure remains fragile and volatility is still high. The core focus of the current market is whether Bitcoin can stabilize within the key support range of $90,000–$91,000. Analysts pointed out that Bitcoin quickly pulled back after breaking $93,000, indicating a lack of bullish momentum. Bitunix analysts stated that the current trend “looks more like a choppy correction” and noted that $93,200 has become a new resistance level. If Bitcoin falls below the key support zone, downside risks may increase again.
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06:08

Bitcoin rebound relies on "shadow chairman" expectations: weaker dollar and December rate cut bets become core drivers

Bitcoin’s current rebound is being driven by macroeconomic expectations, particularly speculation about the future leadership of the Federal Reserve and bets on a rate cut in December. As traders have raised the probability of a 25-basis-point rate cut this month to around 80%, the US dollar has fallen for nine consecutive days, significantly easing financial conditions and supporting Bitcoin’s recovery from November’s volatility. BTC has rebounded from the $84,000–$87,000 range to around $93,000. Market attention is shifting from Powell’s existing policies to the future direction of the Federal Reserve after his term ends in May 2026. According to a Reuters report, the Trump administration plans to announce a new chair nominee in early 2026, with candidates including Kevin Hassett, Christopher Waller, Michelle Bowman, Kevin Warsh, and BlackRock’s Rick Rieder. Although these candidates currently do not affect policy votes, the “shadow chairman” effect has already begun to guide yields and the dollar’s trajectory through expectations, thereby indirectly influencing sentiment in the crypto market.
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01:56

Kamino's move to block users from refinancing through Jupiter Lend sparks controversy

ChainCatcher news, according to The Defiant, Solana lending protocol Kamino has faced criticism for blocking users from transferring loans via Jupiter Lend's refinancing tool. Kamino manually blacklisted the on-chain address of Jupiter Lend’s newly launched Refinance tool, preventing users from closing positions through that address. Kash Dhanda, a core contributor at Jupiter, expressed his dissatisfaction about this on X. Fluid, a DeFi liquidity protocol co-founder Samyak Jain, pointed out that Kamino directly added a checking mechanism to lock users, preventing them from moving to platforms with higher yields. According to DefiLlama data, the total value locked in Solana’s lending markets is approximately 37
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JUP-5.36%
FLUID-8.66%
01:23

Vitalik盛赞以太坊Fusaka升级

The Ethereum network has officially deployed the Fusaka upgrade, aimed at enhancing transaction processing capability while maintaining security and decentralization. The core of the upgrade is the EIP-7594 proposal, PeerDAS, which allows nodes to validate data without downloading the full block data, achieving the goal of "scalability without compromise."
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ETH-3.08%
13:02

Parataxis Holdings plans to acquire Sinsiway for $27 million and transform it into an ETH asset management company.

Odaily Planet Daily reports that Parataxis Holdings has announced plans to acquire data security company Sinsiway for $27 million, and to transform it into an Ethereum (ETH) asset management company renamed Parataxis ETH, making it South Korea’s first ETH treasury platform backed by U.S. institutional capital. The new entity will hold ETH as a core part of its strategy, linking traditional finance with on-chain assets, and will become Parataxis
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10:21

Klickl: The future upgrade of finance is no longer about partial optimization or isolated innovation; it requires moving toward unified, regulated, and programmable integrated infrastructure.

ChainCatcher news: At the recent "Integration, Growth, and New Cycle" themed forum hosted by RootData in Dubai, Klickl Group founder Michael Zhao and Klickl International CEO Dermot Mayes delivered keynote speeches. They systematically elaborated Klickl's in-depth insights on the future evolution of the global financial system and proposed their overall vision for an "Operating System for Future Money," providing a framework for the next stage of digital financial infrastructure development. Michael Zhao pointed out that the core contradiction of today's global financial system has shifted from issues of local efficiency to structural imbalances. Traditional financial infrastructure is centered on...
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09:35

Gate Web3 Top News Selection | December 3: Jupiter Releases HumidiFi ICO Details; SEC Chairman "Clarifies" Cryptocurrency

Amidst the complex and overwhelming market information, what truly matters? "Gate Web3 News Highlights" aims to distill the essentials for you. We curate key global crypto market news daily, helping you quickly grasp core trends, save time, and gain early insights. 1. Jupiter Releases HumidiFi Token WET ICO Details According to official sources, dark pool DEX HumidiFi has announced it will launch its ICO on Jupiter on December 3, using a first-come, first-served method. The sale is arranged as follows: Phase 1 is for the Wetlist (HumidiFi users and community), with an allocation of 60 million WET (6% of total supply), priced at 0.5 USDC per token (corresponding to a FDV of $50 million), running from December 3, 10:00–22:00 (EST). Phase 2 is for JUP stakers, with an allocation of 20 million WET (2% of total supply), priced at 0.50 USDC per token (corresponding to a FDV of $50 million), running from December 3, 22:00 to December 4, 10:00 (EST). Eligibility is based on time-weighted J staking since July this year.
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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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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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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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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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BTC-1.77%
ETH-3.08%
LINK-2.6%
01:55

DOGE (Dogecoin) rose 7.68% in the last 24 hours.

Gate News Bot news, December 03, according to CoinMarketCap data, as of the time of writing, DOGE (Dogecoin) is currently priced at 0.15 USD, having risen 7.68% in the last 24 hours, reaching a high of 0.16 USD and a low of 0.13 USD. The current market capitalization is approximately 22.242 billion USD, an increase of 1.586 billion USD compared to yesterday. Dogecoin is an open-source peer-to-peer digital currency that is loved by Shiba Inu fans. At its core, it is an unexpectedly generated cryptocurrency movement aimed at making people smile! Dogecoin uses blockchain technology and is a highly secure decentralized information storage system, maintained by a network of computers known as nodes that uphold a public ledger. The spirit of Dogecoin can be summarized as "Do Only Good Everyday".
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00:12

Metronome has signed a protocol to join Stripe.

PANews, December 3 news, according to the announcement from Metronome's official website, the company has signed a protocol to join Stripe. Metronome focuses on providing billing and revenue operation systems for enterprises. CEO Scott Woody stated that both parties will deeply integrate at the product level, serving a wide range of users from self-service to complex enterprise models. Metronome will also become a core component of the Stripe product trap. This acquisition is still pending completion of the relevant delivery process.
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10:23

BiyaPay Analyst: Bitcoin's first stock MSTR mentions selling coins for the first time.

BlockBeats news, on December 2, MicroStrategy first hinted at "possibly selling coins". The company announced it would raise funds through a stock issuance to establish a cash reserve of $1.44 billion to cope with the "Bitcoin winter" and stated that if the internal indicator mNAV falls below 1 and it cannot refinance, it will consider selling some Bitcoin. This news breaks its long-held image of "never selling coins" and, combined with approximately $82 billion in convertible bond pressure, caused the stock price to plummet over 12% during Monday's trading, expanding the year's decline to about 40%, with Bitcoin also dropping over 4%. BiyaPay analysts believe this signals that leading institutions are starting to reserve the "save the core by abandoning the vehicle" option for extreme market conditions, which may exacerbate the fluctuation of Bitcoin and related concept stocks in the short term. Users can trade US stocks MSTR and Bitcoin and other digital assets on BiyaPay using USDT.
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BTC-1.77%
10:00

RootData has launched an exchange transparency assessment system to promote the establishment of a new benchmark for information disclosure and compliance in the industry.

RootData has released the industry's first multi-dimensional exchange real-time ranking, with "information transparency" as the core evaluation criterion, covering seven dimensions, including Token unlocking and project events, aiming to enhance transparency in the encryption industry and help investors make rational decisions.
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10:00

Gold prices fell as U.S. Treasury yields strengthened, with the market focusing on U.S. economic data.

Odaily News Gold prices fell on Tuesday from a more than six-month high, with Spot gold losing the $4200 per ounce mark during the day. This was partly due to the rise in U.S. Treasury yields and profit-taking that weighed on prices, while investors awaited U.S. economic data to assess the Fed's policy path. The Benchmark 10-year U.S. Treasury yield remained near a two-week high, diminishing the appeal of non-yielding assets like gold. KCM Trade chief market analyst Tim Water noted: "Gold has performed weakly today, but the fundamentals remain unchanged— including the expected Fed rate cuts, which should support gold prices from a yield perspective." Market sentiment is cautious, with expectations that the core PCE price index, a favored inflation indicator by the Fed, will remain moderate when released on Friday. Additionally, key U.S. data this week includes the November ADP employment report on Wednesday. (Jin10)
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05:24

Bitcoin may fall to $65,000? MSCI adjusts to double blows of risk and liquidity tightening

Bitcoin faced selling pressure again this week, briefly falling below $83,000. Weak liquidity, concerns about Japan's macroeconomy over the weekend, and market panic over MSCI potentially adjusting its index components have led to this rapid and disorderly decline. Currently, Bitcoin is fluctuating around $85,000, with mainstream tokens such as Ethereum, XRP, ADA, SOL, and BNB also dropping about 2%, indicating widespread pressure in the market. Multiple market participants emphasized that this fall is not significantly related to traditional macro factors. The core reason is that the market structure is weak, the order book depth is insufficient, and it is difficult to withstand any external pressure. VALR CEO Farzam Ehsani pointed out that Bitcoin falling below $90,000 is the result of a "fragile market structure colliding with weak weekend liquidity."
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03:55

Cardano plans to invest $30 million in building core infrastructure to inject critical Liquidity for Decentralized Finance development.

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.
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10:03

Bitcoin short-term big dump triggered $637 million in liquidations, market panic intensifies but long-term sentiment remains optimistic.

Bitcoin has fallen 5% in the past 24 hours, dropping to a low of $85,694, and is currently hovering around $86,800, a pullback of 31% from its historical high. Over the past month, the cumulative decline has exceeded 21%, with high Beta assets like Ethereum and Ripple also experiencing declines of 5.6% and 6.5%, respectively. Market risk aversion has increased, with CoinGlass data showing total liquidations reaching $637 million, of which long positions accounted for $568 million. SynFutures COO Wenny Cai stated that this round of plunge is due to a "momentum-driven accelerated fall" that triggered large-scale long positions liquidations, with further liquidation driving spot and derivatives sell-offs, creating a chain reaction. Another core factor of market panic comes from MicroStrategy CEO Phong Le's remarks — if dividends need to be paid at a price below 1x mNAV, the company "may sell Bitcoin." MicroStrategy holds approximately 649,870 Bitcoins, worth over $56 billion, and their statement has raised investor concerns about supply pressures.
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04:09

Rayls tokenomics: 15% of the tokens will be allocated to circulation at TGE.

According to Foresight News, the blockchain Rayls aimed at banks has announced the tokenomics of the RLS token. The total supply of RLS tokens is 10 billion, with 15% of the tokens allocated to circulation during the TGE, 22% allocated to investors, 11% to early developers, 17% to the core team, and 35% to the foundation treasury and community. In addition, the official statement indicates that every transaction on the Rayls network will trigger automatic destruction: 50% of all RLS fees will be immediately destroyed; 50% will be allocated to the Rayls foundation community incentive wallet to support validators, builders, and ecosystem development.
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RLS15.31%
03:52

DOGE (Dogecoin) fell 7.89% in 24 hours.

Gate News Bot news, on December 1st, according to CoinMarketCap, as of the time of writing, DOGE (Dogecoin) is currently priced at $0.14, falling by 7.89% in the last 24 hours, with a high of $0.16 and a low of $0.14. The current market capitalization is approximately $20.928 billion, a decrease of about $1.792 billion from yesterday. Dogecoin is an open-source peer-to-peer digital currency that is loved by Shiba Inu enthusiasts around the world. As an unexpectedly born cryptocurrency movement, the core idea of Dogecoin is to make people smile. It leverages blockchain technology and is a highly secure decentralized information storage system, maintained by a network of computers known as nodes that uphold a public ledger. The Dogecoin community is known for its friendliness and helpfulness, adhering to the motto "Do Only Good Everyday" (Do O
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DOGE-3.78%
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03:39

Crypto DAO promotes the construction of a transparent structure, with the core module centered around on-chain verifiability.

ChainCatcher news, Crypto DAO is recently promoting an upgrade to a transparent architecture. The core modules cover reserves that are open source and verifiable, permissioned longer participant management, core contract restrictions on asset transfers, operation traces stored on-chain, and incentive logic executed automatically on-chain. This structure allows the system to operate without relying on manual explanations, as the on-chain data is presented by itself, and the mechanism execution path is traceable. The update indicates that reserve changes, parameter executions, and rewards distribution are all handled through contract logic to reduce uncertainties caused by human intervention. Such transparent pathways provide participants with a clearer way to observe the structure and offer recordable engineering conditions for the study of reserve mechanism operations and long-term system construction.
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18:59

Google is promoting TPU to major clients including Meta Platforms.

According to a report from Jinse Finance and The Information, Google is now promoting its Tensor Processing Units (TPUs) to major clients, including Meta Platforms, for use in their own data centers, which directly undermines Nvidia's core business model.
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03:00

CBB: The so-called "financing at a $1 billion valuation to avoid short-term speculation" is purely self-deception.

Odaily News CBB published an article on platform X, pointing out that the project party's reasoning of "avoiding short-term flipping" to raise funds at a valuation of $1 billion while in an unlocked state is a form of "self-deception." CBB stated that the reasonable approach for an ICO should be to raise funds at a lower FDV and allocate tokens to true core users and contributors, rather than creating an overvaluation structure that causes the project to lose a healthy token circulation foundation early on.
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01:42

Sahara AI: No unlocking or security incidents have occurred, and an investigation into market anomalies is underway.

Odaily News Sahara AI team members stated on the X platform regarding the token fluctuation last night, emphasizing the following key points: 1. No team or investor unlocks Sahara, which will complete its TGE on June 26, 2025. The first unlock time for the team and investors is June 26, 2026, and currently, everything is fully locked. There are no spot unlocks or sales, and relevant information has been publicly disclosed. 2. The smart contracts are secure with no anomalies. The token contract is completely secure and managed by the Sahara Foundation. There are no hacker attacks, unauthorized operations, or any security incidents. 3. Business integration is underway. Sahara Labs is focusing on precise execution, having identified inefficient operations, and will reinvest resources into business lines with stronger growth potential. 4. Core growth areas remain strong. The team is
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SAHARA-6.03%
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