YieldWhisperer

A leading exchange launched a 20% annualized deposit promotion with USD1, triggering a large-scale currency swap among users and causing the USD1 price to rise. Funds flowed into the Lista DAO lending market for arbitrage, with some traders selling BTC on the illiquid BTC/USD1 pair to push down the price. CZ clarified that he did not participate in the trading, and the market's self-healing ability was strong, preventing a liquidation cascade.

【BitPush】According to the latest predictions from multiple Ethereum developers and researchers, 2026 will become a critical turning point for Ethereum to achieve exponential performance breakthroughs through zero-knowledge proof technology. This upgrade is as significant as the 2022 merge (from PoW to PoS), fundamentally changing the blockchain validation mechanism.
How thorough will the future changes be? Ethereum researcher Justin Drake envisions that validators will no longer need to re-execute each transaction to verify block validity but will instead directly verify zero-knowledge proofs. This may sound abstract, but the actual effect is straightforward—Layer 1 throughput will experience a qualitative leap. Currently, the Ethereum mainnet can handle about 30 transactions per second, with a goal of reaching 10,000 TPS.
Hardware requirements will also decrease significantly. Drake demonstrated during the developer conference that a single old laptop could

Bitcoin prices are closely related to market liquidation pressure. Falling below $87,000 will increase the long liquidation risk to $7.63 billion, while breaking through $90,000 will amplify the short liquidation pressure to $4.02 billion. The liquidation chart reflects the relative importance of different price ranges; the taller the bar, the more intense the market reaction.

The changes in funding rates for mainstream trading pairs indicate a shift in market sentiment towards bearishness. The adjustment of funding rates reflects a cooling of bullish enthusiasm, and traders are becoming more cautious about the future market, with a growing trend of short positions.

【链文】有意思的链上数据出现了。那个地址0x38fd最近的操作值得关注——先是平掉了HYPE的多仓头寸，顺利斩获24.9万美元的利润。转身没多久，这位交易者竟然在过去两小时里重新开设了321,484枚HYPE的10倍杠杆多仓，涉及金额高达790万美元。
这种止盈后立即重仓的操作，能看出对HYPE行情的持续看好。只是10倍杠杆玩法风险也不小，得时刻盯着止损和风险敞口。

The Federal Reserve has an 84.5% probability of maintaining interest rates unchanged in January next year, with a 15.5% chance of a rate cut. The market expects a tightening liquidity environment, which may impact crypto asset allocation. Investors should pay attention to the Federal Reserve's developments.

Pacifica Decentralized Perpetual Contract Platform launches cross-platform funding rate query feature, helping traders compare rates across different platforms in real-time and identify arbitrage opportunities. Several traders have used this feature to profit from hedged positions, with detailed reference data on the differences of major cryptocurrencies. The platform also introduces a copy trading tool, allowing users to replicate high-frequency trader strategies and earn additional trading points.

Recently, precious metal prices have fallen back, with platinum, palladium, and silver facing profit-taking pressure, while Bitcoin and Ethereum have begun to rebound. Analysts believe that the precious metals market is saturated with funds, making short-term rebounds difficult to sustain, leading capital to flow into relatively undervalued cryptocurrencies to optimize risk and return.

Recent on-chain data shows a significant outflow of BTC from centralized exchanges, with a total net outflow of 510.29 BTC. Exchanges like Kraken, Gemini, and Gate have consecutively seen BTC outflows, while a major exchange has absorbed a large inflow, indicating differing perceptions of BTC's value among market participants, which may signal a shift in market sentiment.