[Coin World] Michael Saylor recently revealed an interesting trend. MicroStrategy is considering breaking the norm this time—they are thinking of selling a portion of their Bitcoin at a price below 1 times mNAV. What is the purpose? To pay dividends on perpetual preferred stock. What does this operation indicate? Even steadfast Bitcoin holders have to make some sacrifices in the face of financing pressure. However, that being said, being able to use BTC to meet funding needs is itself a demonstration of another kind of flexibility.

The House report states that the previous government implemented a "strangulation action 2.0" on Crypto Assets by restricting bank accounts to suppress industry development. Despite the price Fluctuation of Bitcoin, the current government has relaxed regulations, promoted stablecoin legislation, and demonstrated a positive attitude toward emerging technologies through legislative embracing of innovation.

[Coin World] A large stablecoin transfer has just been detected — a certain compliance-accomplice platform has transferred 110 million USDC to a leading exchange, equivalent to approximately 110 million USD at the current Exchange Rate. Such a large-scale flow of funds often indicates movements at the institutional level.

[Coin World] Just detected a significant movement: 20,000 ETH flowed from the Arbitrum network to the exchange Binance, amounting to approximately 54.77 million USD at current prices. Transfers of this magnitude typically attract market attention, as large amounts of ETH entering exchanges could lead to interesting trends ahead. On-chain data doesn't lie, but the intentions behind it are open to interpretation.

Hats Finance announced that it will close on December 31, 2023, due to insufficient demand for HATS Token, budget cuts for DeFi projects, and the rapid development of AI Security tools. Although the core contract will still operate, the team advises users to withdraw funds before December 17, otherwise they will need to handle contract matters on their own.

[Coin World] A recent political report has put a Token project that was issued during a power transition period in the spotlight. This Token named MELANIA once surged to a high of $13.73, but within a few days plummeted to $0.10, raising doubts that it is a typical "pump and play people for suckers" operation.
What's even more explosive is that the report has uncovered some funding flows - there are claims that entities related to Sun Yuchen have invested several million dollars into certain enterprises closely tied to political and business relationships. Some even linked certain presidential pardons related to crypto and the flow of Token funds, making people exclaim how deep the waters are.
Meanwhile, another project in the market, Maxi Doge, is quite popular in its presale, having attracted over 4.2 million USD, boasting an annualized yield of over 100% on staking. It seems that no matter how big the turmoil outside, those who want to dive in are still diving in.

[Coin World] On December 1st, the US stock market opened with a bang, with all three major indices opening lower. The Dow fell by 0.63%, the S&P 500 dropped by 0.6%, and the Nasdaq was even worse, plummeting by 0.85%.
However, there are two highlights in the chip sector. Synopsys soared 6.5% directly, due to NVIDIA's hefty investment of 2 billion USD — this move is quite hardcore. On the other hand, Wolfspeed also made a strong showing, surging nearly 8%, as they received almost 700 million USD in cash tax refunds, real money coming in is quite impressive.
The overall market is weak, but the stories of individual stocks continue to unfold.

[Coin World] SUI has recently been struggling a bit. On December 1st, 82.81 million dollars worth of tokens will be unlocked, and the buying momentum has been weak to begin with; this wave of liquidity will increase the pressure even more. The price is currently stuck around 1.50 dollars, and it just can't break through the range of 1.58-1.60.
From a technical perspective, it is crucial to hold the line at $1.33. If we can break through the current descending channel, it may reach $1.58. However, the overall market sentiment is cautious, Bitcoin miners are still selling off, and altcoins are having a tough time.
There is some news: a leading compliant platform will launch SUI futures on December 5th, which may bring some excitement in the short term and see if it can change the situation.

[Coin World] Trust Wallet recently made a big move—launching the Google Pay payment feature in over 40 countries and regions. Now users can directly buy BTC, ETH, BNB, SOL, these mainstream tokens, as well as the two stablecoins USDT and USDC, with a minimum purchase threshold of just 20 USD.
What's more convenient is that the entire purchasing process has been significantly streamlined. New users do not have to go through a bunch of registration steps; they can recharge their wallets with just a few taps on the screen. This instant buy-and-use experience is indeed much friendlier for those who are new to the space.

[Coin World] The Indian Rupee has truly collapsed this time. The exchange rate against the US dollar once surged past the 90 mark, and is now stabilizing around 89. The Indian Central Bank urgently got on board to support in market, barely keeping the exchange rate locked in the range of 89.22 to 89.23.
Market panic mainly comes from two aspects: there has been no progress in the trade agreement talks with the United States, and foreign capital is still fleeing wildly. Looking back to the early 1990s, the rupee was only 22.74 against the dollar, and now it's heading straight for 90. If we talk about the worst currency in 2025, the rupee would say no one dares to claim the first place.
This kind of decline shows that the pressure from the fundamentals is too obvious.

[Coin World] I looked at the recent 4-hour trend of DOGE, and to be honest, it's quite interesting.
Looking back from midnight on December 1st, the price actually surged at one point, but compared to 4 PM on November 30th, it has fallen back. In the end, it closed with a large bearish candlestick, which is a typical high-level pullback trend. The trading volume also shrank—price down, trading volume down; this combination generally indicates that the market is in a wait-and-see mode, with no one willing to take over.
The technical aspect is more straightforward. The MACD histogram has been getting longer in the negative zone, with bears pressing down hard; the KDJ is fluctuating around 25, with neither a golden cross nor a death cross, just a lukewarm neutrality; the RSI has directly fallen below 30, which according to textbook definitions is a signal of overselling, theoretically indicating a possibility of rebound — but it may also continue to seek the bottom, depending on the subsequent volume support.
If you have to find a trading reference: for longing, you can stagger your entries at the two levels of 0.13706 and 0.1386, setting the stop loss at 0.13706.

The article analyzes the price movement of SOL in the last 4 hours, pointing out that although the price has risen compared to December 1st, it has retreated compared to November 30th, indicating insufficient market participation and a quiet state. The technical indicators show that short positions remain strong, with support and resistance levels at 127.0 and 143.0 respectively. The operational suggestion is to place long orders in the 127.0 area, following volume changes to avoid the risk of a quick rebound.

[Coin World] The global digital asset market has been bloodied.
The market value directly evaporated by 140 billion USD, a decline of 4.82%, now hovering around 2.94 trillion USD. Bitcoin led the decline with nearly 6%, dropping to around 85778 USD; Ethereum followed closely, down 5.85%, reaching 2814 USD.
What's worse is the situation with altcoins—mainstream coins like Cardano, Ripple, BNB, and Solana have all plummeted over 10%. Leverage players are facing direct liquidations, with long positions being forcibly closed totaling over $300 million, and the cascading effect further crushes prices.
The blockchain infrastructure team has reviewed and believes that this round of sell-off has exposed an old problem: leverage has multiplied the market's vulnerability. They emphasize that in such extreme market conditions, it is even more necessary for the underlying network to maintain stable operation—otherwise, if there are technical issues, that would be a true disaster.

[Coin World] Just noticed an interesting on-chain action: In the past two hours, a new Wallet Address directly withdrew 56,291 ETH from a major exchange, which is equivalent to about 160 million USD.
Such a volume of transfer is often worth paying attention to - it may be institutions adjusting their positions or large holders making arrangements. A new address suddenly moving so many coins can be monitored for further actions.

The crypto market has been hit hard again, with over $500 million in long positions getting liquidated, Bitcoin falling to a new weekly low, and BNB, Ethereum, and XRP all experiencing significant declines. Nevertheless, BNB has applied for a Spot ETF, and analysts predict it could reach $1150 by the end of 2025. Zcash has dropped 17% but is expected to rebound in the future. The Bitcoin Hyper project presale is booming, raising over $28 million, with predictions that the Token has a potential 40x upside.

Bloomberg senior commodity strategist Mike McGlone warned that Bitcoin may pull back to $50,000, citing that the price ratio of Bitcoin to gold is currently above fair value, and the low market volatility reflects investors' complacency, indicating that risk assets are facing a correction.

The trader with the code 2Gc2Xg eventually sold 24.8 million coins after holding Pippin for more than a year, making a profit of 3.74 million dollars, with a return rate exceeding 40 times. His persistence and patience allowed him to achieve success amid market capitalization fluctuations, reflecting the rarity and value of investing in the encryption circle.

[Crypto World] US Treasury yields have risen again, and it seems that traders are increasing their bets that the Fed will cut interest rates. This wave of operations is actually quite interesting — the interplay between market expectations and actual policy has always been a highlight. For the crypto world, the Fed's monetary policy direction indicator directly affects liquidity; if the expectations for interest rate cuts heat up, risk assets might see a return of capital. However, that being said, the rise in yields itself carries a bit of a contradictory flavor, and we need to continue observing how subsequent data plays out.