[Block Rhythm] On December 2nd, BTC finally stood back above 85K. I took a look at the market data of HTX, and the current quote is $85,263. This rebound came quite quickly. When it previously fell below this threshold, the market sentiment was a bit panicked, but now that it has regained this level, it feels like the long positions have a bit more confidence.

[Block Rhythm] On December 1st, the market experienced fluctuations. Strategy (stock code MSTR), the listed company that holds the most Bitcoin, suffered a sharp decline during trading today, at one point experiencing a big dump of over 10%. As of the time of writing, the stock price is quoted at $157.7, with a daily fall of 10.94%. As a leader in the Bitcoin treasury concept, the price movement of Strategy is often seen by the market as one of the barometers of cryptocurrency asset sentiment.

After the Australian exchange Swyftx acquired the New Zealand platform Easy Crypto, it decided to cut 11 positions from the latter and integrate the business. This move reflects the industry norm of merging to save costs, but it may affect the service quality in the New Zealand market.

[Coin World] Saylor is pulling mysterious moves on the chart again—what does the legendary "green dot" suggest? The market is focused on MicroStrategy's mNAV indicator. Once this value falls below 1.0 times, according to the company's own statements, buybacks should be on the agenda.
When it comes to stock price trends, the technical analyst Han Chisong gave his opinion: MSTR is currently testing the 170 dollar range repeatedly, and this position is quite critical. If it can regain the 180 dollar level, then a push towards around 235 dollars becomes possible.
This company that treats Bitcoin as a strategic reserve shows subtle signals in its financial data and candlestick charts. Both retail and institutional investors are watching — is it really an opportunity to buy the dip, or should they wait and see? In any case, the market situation is already laid out.

Sushi CEO Jared Grey announced his resignation, with Alex McCurry taking over as Managing Director, while receiving funding support to promote project development. This personnel adjustment and financing may bring new opportunities for Sushi in the Decentralized Finance field.

[比推] Today, the US stock market closed, and the performance of Ether-related stocks here was not very ideal. BTCS pulled back by 5.1%, and BitMine Immersion fell even harder, down 7.3%. SharpLink Gaming also couldn't hold up, down 8.3%, and Bit Digital suffered as well, falling 6.5%. It seems that market sentiment is indeed a bit cautious.

[Chain News] Bitcoin experienced a pullback, and the doubts about Strategy have surfaced again. However, a certain brokerage from Wall Street recently released a report, directly pushing back - stating that these concerns are purely noise.
Analyst Palmer pointed out in the report: Critics simply do not understand how Strategy works, mistaking short-term fluctuations for a repayment crisis, which are completely different matters. This company holds 649,870 Bitcoin ( worth $55.8 billion at current prices ). Sounds exaggerated? But look at their debt structure—$8.2 billion in ultra-low-interest convertible bonds, plus $7.6 billion in perpetual preferred stock. The latter is the key; this financing tool allows them to leverage their Bitcoin positions at an extremely low cost, which other digital asset companies simply cannot replicate.
Where is the "liquidation line" that the market is always worried about? The report does some calculations: Bitcoin needs to plummet 86%, dropping to $12,700 and then remain stagnant.

[Chain News] Ontology Mainnet is about to make a big move! The v3.0.0 version will officially launch soon, all friends running nodes should pay attention—December 3rd at 8 AM (Beijing time) is the deadline, you must upgrade to the new version, otherwise the service may go offline.
The key point is here: ONG's supply is going to change significantly. It is expected that around December 15, when the block height reaches 19.5 million at this node, the maximum supply and total supply of ONG will be cut directly from 1 billion to 800 million. How is it cut? By directly burning 200 million tokens. The circulation volume will remain unchanged in the short term, but in the long term, due to a permanent locking mechanism in place, the actual circulation cap may eventually stop at 750 million.
Time is tight, the tasks are heavy, and Node operators shouldn't wait until the last moment to take action.

[Coin World] The latest quote for Bitcoin is $86057.73, experiencing a pullback of 5.95% due to selling pressure in the past 24 hours. Market trading activity remains strong, with daily trading volume surpassing the $62.7 billion mark. This pullback has caused many who chased the price to start observing, while the short-term fluctuations have intensified the range-bound battle between bulls and bears.

[Chain News] Yearn recently completed a successful fund recovery operation. They managed to recover $2.4 million by minting new pxETH tokens after destroying those controlled by hackers. The funds did not disappear into thin air—the same amount of pxETH has been re-minted and safely transferred to the Redacted Cartel's Multi-signature Wallet. This approach is quite clever, as it addresses security issues while ensuring asset integrity.

The crypto market has been weak recently, with Bitcoin prices hovering between $82,000 and $92,000, ultimately holding around $86,000. Analysis indicates that this adjustment is different from previous ones, as leading trading platforms are actively undergoing reforms, expanding into tokenization of stocks, prediction markets, and making breakthroughs in the derivation field, beginning to compete directly with multi-asset trading applications.

According to on-chain data from the crypto world, BlackRock has just transferred 2,156 BTC to a custody account of a certain compliance trading platform, which is approximately $186 million at the current price. This move has once again sparked market attention on the crypto strategies of traditional financial giants, as the flow of institutional funds has always been an important signal for gauging market sentiment.

In an interview, Musk pointed out that the three main areas for creating value in the future are artificial intelligence, Bots, and space. He believes that companies like Google and NVIDIA will dominate value rise and predicts that AI and Bots will trigger severe deflation, rewriting the rules of the economy.

ETH has recently pulled back 5.5%, currently priced around 2840 dollars, with a market capitalization evaporation of 140 billion dollars, causing significant losses for leveraged players. The technical indicators show signs of being Oversold, and if it breaks the current support, it may test 2623 dollars. Investors are following the Fed FOMC meeting, which may affect market trends.

Gate Web3 has launched a new campaign, including an Airdrop for the Baumz project and a Liquidity Pioneer Program. The Airdrop randomly selects 2,500 people to distribute $50,000 by completing tasks. The Liquidity Program offers dual-track incentives, allowing both the project party and LP holders to earn profits. The tokens for this Airdrop are purchased in real-time on the market, increasing real liquidity and benefiting project development.

[Chain Text] on-chain has seen unusual activity.
A newly created wallet 0x36ED directly withdrew 42,225 ETH from a leading exchange. At the current price, this transfer is worth nearly $120 million.
New address + large withdrawal, this operation is worth paying attention to. It may be institutional reallocation, or it could be that a large holder is preparing to layout. In any case, such a volume of ETH transfer is often not without reason.
On-chain data doesn’t lie, how this address moves next may be answered by the market.

[Coin World] Ethereum's second major move this year is coming - the Fusaka upgrade is scheduled for Mainnet activation on December 3rd. What issues does this upgrade mainly address? In simple terms, it is to make the Ethereum Mainnet more capable of handling the massive transaction data thrown by Layer 2 networks.
On the other hand, Grayscale has new developments. Their Chainlink trust is transforming into a spot ETF, code GLNK, which will start trading on December 2. Remember the last time they just launched the Dogecoin ETF? The pace is really fast.
It's quite interesting that two things are coming together: one is the underlying technology expanding its capacity, and the other is traditional asset management accelerating its layout in the crypto space.