? Gate is actually this high quality? I just saw Brother Lu's tweet, and since I had some free time, I watched the video. It indeed broke many of my previous biases about Gate. From the video, Gate's current strategy is all in Web3 + local compliant stations, with Dr. Han teasing that Gate Pay will be launched this year and next when asking employees to enjoy ice cream through their own Gate Pay.

Why silver? Why this year? What is the reason? The asset that has risen the most this year is not gold or Bitcoin, but silver. From the beginning of the year to December, silver has increased by over 110%, gold by 60%, and Bitcoin, after hitting a record high, has declined, turning its year-to-date return into a negative value.

After deBridge released Bundles, I am even more optimistic about $DBR . It is obvious that they are vying for a larger share of developer integrations by continuously acquiring more DApps with actual user bases to establish a foothold. At the Solana Breakpoint conference, @deBridge co-founder @AlexSmirnov announced Bundles, and we had a few more words.

Previously, projects could talk about "millions of TPS" and "the next-generation Ethereum" since the mainnet wasn't live yet, and the dream was always on the road. Investors focused on narrative space, not actual revenue. Now, applications must demonstrate DAU, GMV, and profit margins because users will vote with their feet. This is also a return to value after the narrative bubble burst. The previous generation profited from "expectation gap" money; this generation profits from "actual value" money.

Leading stablecoin $CRCL issuance price $64 → peak around $300 → dropped back to $64.9, can you really buy now? Q3 net profit $214 million, USDC scale surged 108%, yet the stock price dropped from $300 back to the starting point. Is this a valuation bubble burst or market misjudgment? Just finished reading @OdailyChina

It can be said that every role in the current entire ecosystem chain has been clearly arranged. The project team prints "bricks" (tokens), VCs provide backing and endorsements, studios fake data, exchanges collect protection fees, KOLs act as loudspeakers, and finally, the contract mechanism delivers the final blow. Every link is profitable, and every participant tacitly understands their role. From the ICO craze to DeFi

Not taking sides doesn't mean not making choices. The "taking sides" mentality is black and white: either fully embrace crypto or reject it entirely; either go all in on BTC or exit completely. But the reality is:
The US embracing cryptocurrencies doesn't necessarily mean BTC is invincible.
China increasing its gold reserves doesn't mean digital assets are doomed to fail.
True wisdom is understanding the different logics behind these assets and making hedging allocations based on your own situation.

Today, the US SEC Chairman stated: The entire financial system will shift to Bitcoin and cryptocurrencies within a few years; this is the future of the world. At the same time, China's central bank released November data: gold reserves increased to 2,305.39 tons, marking the 13th consecutive month of gold accumulation. One is embracing digital currencies, the other is increasing physical gold holdings. Do you wonder why China chooses, or inevitably chooses, gold?

It's so frustrating. But I'm not good at arguing, so I can only talk about it briefly. Regarding your first point, "the 200,000 has indeed been donated," this should be a factual error. As far as I can see, this is Elizabeth's third time "donating."
First time: Photoshopped image as proof, technical verification confirmed it was fake
Second time: Static webpage screenshot, later proven to be easily fabricated
Third time: Emulator video, already exposed by some friends
The premise of your claim that the donation was made does not hold.

Tonight, seven industry associations spoke out simultaneously. The China Internet Finance Association, Banking Association, Securities Association, Fund Association, Futures Association, Listed Companies Association, and Payment & Clearing Association. The last time this lineup appeared was in September 2021. That time, they jointly banned cryptocurrency trading. This time, their targets are broader: shitcoins, stablecoins, and RWA.

Managing over $11 trillion in assets and serving 50 million clients, why is the world’s second-largest asset management giant entering Bitcoin now? How much incremental capital can it bring? What are the risks? Two years ago, Vanguard stated that "Bitcoin does not align with the interests of our clients." But on the 2nd, it suddenly reversed its position and reopened the doors to crypto. $BTC surged 6%, rising from $85,000 to $93,000.

Looking at DeBridge's November monthly report, the biggest takeaway is that some figures are "growing against the trend," which is worth discussing separately.
01 | Core Data: What happened in November?
Let's look at the numbers:
- Cross-chain settlement volume: $604M+
- New users: 36,500+
- ETH inflow: ranked #1
- New integrations: Injective (November 11), Monad (November 24)
What’s special about this set of data?

If you hold Bitcoin or US stocks, this might be the week you need to hold your breath the most this year. (I'm not joking, as of today, CME data shows that the probability of a rate cut next week is as high as 88%. It seems a sure thing, but behind this number lies an absurd reality. Due to the government shutdown, the Fed will meet next week in a "data vacuum." They won't see the employment reports for October and November (which will be released on December 16th.

The world's largest arbitrage business is collapsing, and this is the truth behind the market's big dump? Today, BTC briefly reached $85,600, with 200,000 people getting liquidated across the network. Everyone is asking: Why is it again due to the yen interest rate hike? The answer lies in a global largest arbitrage trade worth up to $20 trillion. 01 | What happened in the market on December 1st? Today, during the Asian morning session, the crypto market suffered a severe setback. Bitcoin fell from $95,000.

The whole world is embracing stablecoins, so why is the domestic market going backwards? The qualitative statement on the 28th shattered all the fantasies about stablecoins in the industry over the past few years. On the surface, it is a regulatory policy, but in reality, it is a statement about monetary power. The United States has turned stablecoins into an extension of the digital dollar with the GENIUS Act. Domestically, this categorization has deemed stablecoins illegal. Both sides are very clear about what they are doing. 01 \|

The most overlooked signal in November: institutions are buying, but not $BTC . When BTC fell from $126K to $80K, $350 million flowed out of the ETF in one month, while the Solana ETF set a record: since its launch on October 28 (Bitwise BSOL), it has continuously maintained net inflows, accumulating over $568M with zero outflow days. Why are smart capital hoarding Solana? The clues are hidden in three overlooked data points ⬇️