Oracle

Oracles are essential infrastructure components that feed real-time, off-chain data (such as price feeds, weather, or sports results) into blockchain smart contracts. Without decentralized oracles like Chainlink and Pyth, DeFi could not function. In 2026, oracles have evolved to support verifiable randomness and cross-chain data synchronization. This tag covers the technical evolution of data availability, tamper-proof price feeds, and the critical role oracles play in ensuring the deterministic execution of complex decentralized applications.

5129 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
7 Banking Tokens for Huge Gains in 2026 – Digitap ($TAP) Ranks as Best Crypto Presale to Buy

7 Banking Tokens for Huge Gains in 2026 – Digitap ($TAP) Ranks as Best Crypto Presale to Buy

The post 7 Banking Tokens for Huge Gains in 2026 – Digitap ($TAP) Ranks as Best Crypto Presale to Buy appeared on BitcoinEthereumNews.com. Traditional banking systems are facing increasing pressure to adapt to the demands of a digital-first world. From cross-border transfers to decentralization, the potential for a more efficient, accessible, and secure financial system is enormous.  While projects like Mono Protocol and IPO Genie show strong promise, they also come with their own hurdles, such as scalability concerns or regulatory limitations. Amidst this, Digitap ($TAP) provides an integrated banking experience that connects traditional finance with blockchain technology.  With its utility-driven presale momentum and innovative approach, the $TAP token is gaining significant attention as a top contender among altcoins to buy for long-term growth. Here are the 7 banking tokens potentially poised for huge gains in 2026: Digitap ($TAP): A unique digital bank platform bridging fiat and crypto for seamless international transfers. Mono Protocol: Unified digital accounts with multi-chain transfers, focusing on gasless settlements and privacy. IPO Genie: Tokenized IPOs with AI-driven due diligence, giving retail investors access to pre-IPO companies. Best Wallet: A wallet-first platform combining DeFi with banking, offering fee rebates and high staking rewards. Nexchain: An AI-enhanced blockchain for DeFi banking and low-cost cross-chain remittances. Tapzi: A gamified mobile payment platform blending social trading with micro-rewards. AgoraLend: A permissionless DeFi lending protocol offering instant, decentralized access to lending markets. Digitap: Merging Traditional Banking and Blockchain Technology Digitap is a pioneering omnibank created to bridge the gap between traditional fiat banking and blockchain-powered digital finance. Thanks to its multi-rail architecture and Visa partnership, Digitap enables users to instantly spend crypto for everyday expenses and easily transfer money across borders with minimal fees. Whether it’s accessing multi-currency business accounts, using automated invoicing and payroll tools, or converting crypto to fiat, Digitap offers a comprehensive financial solution.  This platform serves both individuals and businesses, making it easy to manage all aspects of personal…

Author: BitcoinEthereumNews
Hoskinson Sends Cardano Community Into A Frenzy With Cryptic Post Promising Today ‘Will Be A Good Day’ ⋆ ZyCrypto

Hoskinson Sends Cardano Community Into A Frenzy With Cryptic Post Promising Today ‘Will Be A Good Day’ ⋆ ZyCrypto

The post Hoskinson Sends Cardano Community Into A Frenzy With Cryptic Post Promising Today ‘Will Be A Good Day’ ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Cardano founder Charles Hoskinson sent the ADA enthusiasts into a tailspin with a Sunday post on the X platform. Since reaching an all-time high of $3.09 in September 2021, ADA has experienced a significant decline of over 86%, sliding into a consolidation phase in recent weeks amid the absence of bullish catalysts. Market sentiment was notably stirred by a cryptic remark from Cardano’s Charles Hoskinson. Hoskinson Ignites ADA Fans In his post, Hoskinson said Monday, which is today, “is going to be a good day.” Unsurprisingly, the post was enough to capture the attention of ADA fans, with many questioning what was going to happen on Monday. Despite there being no official announcement regarding an imminent upgrade or partnership, some commentators suggested the possibility of a Solana integration. Others speculated whether the Cardano network was finally launching its stablecoin. Advertisement &nbsp Hoskinson’s post comes after the Cardano network’s core development teams secured approval for a 70 million ADA treasury withdrawal to finance a slew of long-delayed infrastructure integrations. This move marked the most coordinated ecosystem measure the network has witnessed in years. Funds will be allocated to creating stablecoins, credible oracle feeds, cross-chain bridges, custody integrations, and analytics tooling, among other advancements to benefit the Cardano ecosystem. Last month, the Cardano network also fell victim to its first major chain split in eight years of operation after an intentionally crafted transaction exploited a three-year-old bug in node software, momentarily splitting the $15 billion blockchain into two competing chains. ADA is higher by 4.2% over the last 24 hours, modestly outpacing the broader crypto market surge, according to CoinGecko data. The leap comes as crypto markets staged a turnaround on Sunday. Total crypto market capitalization rose to $3.2 trillion, recovering after recently slipping below the $3…

Author: BitcoinEthereumNews
Warren Buffett’s $382 Billion Cash Warning: What Investors Need to Know

Warren Buffett’s $382 Billion Cash Warning: What Investors Need to Know

TLDR Warren Buffett has been a net seller of stocks for 12 consecutive quarters, the longest streak since he took over Berkshire Hathaway Berkshire’s cash stockpile has reached a record $381-382 billion as Buffett prepares to step down as CEO at the end of 2025 Despite selling stocks, Buffett maintains over $300 billion in stock [...] The post Warren Buffett’s $382 Billion Cash Warning: What Investors Need to Know appeared first on CoinCentral.

Author: Coincentral
Digital Asset ETPs Record $716M Weekly Inflows as AuM Reaches $180B: CoinShares

Digital Asset ETPs Record $716M Weekly Inflows as AuM Reaches $180B: CoinShares

Digital asset investment products recorded a second consecutive week of inflows, totalling $716M, showing improving sentiment across institutional and

Author: CryptoNews
Crypto ETPs Surge as Bitcoin & XRP Inflows Soar – CoinShares Report

Crypto ETPs Surge as Bitcoin & XRP Inflows Soar – CoinShares Report

Introduction Cryptocurrency investment products have regained positive momentum, marking two consecutive weeks of inflows after experiencing significant outflows earlier. This resurgence highlights renewed investor confidence amid evolving macroeconomic concerns and a broader recovery in digital asset management. Key Takeaways Crypto exchange-traded products attracted $716 million in inflows last week, following a previous $1 billion increase. [...]

Author: Crypto Breaking News
Fed Rate Decision and AI Earnings in Focus

Fed Rate Decision and AI Earnings in Focus

The post Fed Rate Decision and AI Earnings in Focus appeared on BitcoinEthereumNews.com. The crypto market enters the new week trading around a total market capitalization of $3.07 trillion, up 1.45% on the day. After weeks of consolidation, traders are bracing for major volatility driven by the Federal Reserve’s final rate decision of 2025 and a series of high-impact tech earnings. Is the Crypto Market Finally Ready to Break Out? Total Market Cap: TradingView The daily chart of total crypto market cap shows a gradual recovery from November’s correction lows near $2.8 trillion, but momentum remains capped below the middle Bollinger Band around $3.1 trillion. This zone acts as a key resistance line—breaking above it could trigger a fast move toward the upper band at $3.16 trillion, while rejection could send the market back to the $2.87 trillion support. Bollinger Bands are tightening, hinting at a volatility squeeze—a common precursor to major market moves. The Heikin Ashi candles are showing smaller wicks and higher closes, suggesting that selling pressure has eased. However, the lack of a clear breakout still keeps traders cautious. How the Fed Could Move the Crypto Market The Federal Open Market Committee (FOMC) meets this Wednesday, and consensus expects another rate cut, bringing the federal funds rate to 3.5–3.75%. For crypto, this could be a double-edged sword. A cut would generally weaken the dollar and increase liquidity, which historically fuels crypto rallies. But with inflation still above target and economic data delayed due to the government shutdown, Powell’s tone will matter more than the cut itself. If the Fed signals that 2026 could see further easing, risk assets—including Bitcoin and Ethereum—could extend their rebound. However, a cautious Powell emphasizing “data dependency” could temper expectations and keep crypto market ranging within current levels. Beyond macro events, AI-driven corporate earnings from Oracle, Broadcom, and Adobe will also influence sentiment. Their results will…

Author: BitcoinEthereumNews
What to Expect in Crypto Markets This Week: Fed Rate Decision and AI Earnings in Focus

What to Expect in Crypto Markets This Week: Fed Rate Decision and AI Earnings in Focus

Crypto markets are coiling up just below the $3.1 trillion resistance as traders await the Fed’s final rate cut of 2025.

Author: Crypto Ticker
High-leverage stablecoin arbitrage tool? A detailed analysis of Fluid's 39x leverage strategy and the duality of its "low liquidation penalty".

High-leverage stablecoin arbitrage tool? A detailed analysis of Fluid's 39x leverage strategy and the duality of its "low liquidation penalty".

Fluid is an interesting, difficult-to-understand, and highly controversial DeFi protocol. As a "new" DeFi protocol launched in 2024, its peak TVL exceeded $2.6 billion, and it still has $1.785 billion in TVL. With a trading volume of $16.591 billion over the past 30 days, Ethereum's mainnet trading volume accounts for 43.68% of Uniswap's total trading volume. This is a remarkable achievement. Fluid combines lending with a DEX, accepting LPs (such as ETH/wBTC) as collateral, allowing LPs to still earn fees while providing collateral. Fluid calls this Smart Collateral. Okay, it seems rather ordinary. Image generated by Nano Banana Pro - Gemini AI based on the original text. Smart Debt is a unique design feature of Fluid. Normally, in lending, users borrow money and pay interest. In Fluid smart debt, users also borrow LP trading pairs. That's right. If you want to borrow 1000 USDT, you will borrow 500 USDT + 500 USDC. The trading pair borrowed by the user will be automatically deposited into Fluid DEX as liquidity. In other words, users can choose to withdraw the funds for other purposes, just like a regular loan, or they can choose to pledge LPs to borrow from LPs and then deposit them into the DEX to earn more transaction fees. Essentially, smart debt encourages borrowers to leverage LPs within Fluid for revolving lending. This protocol increases liquidity, attracts more traders, and allows LPs to earn more transaction fees. This is precisely the flywheel that Fluid ultimately aims to build. Therefore, if you have studied Fluid, you will see many articles describing Fluid as a "DEX-on-lending" protocol, and this is the reason. The Fluid architecture is like a composite structure; you can think of it as a main road and auxiliary roads, a trunk and tributaries, a two-layer cake, or anything like that. The core underlying component is the unified Liquidity Layer, a smart contract used to store the liquidity of all assets. It is responsible for managing all the money and handling deposits, withdrawals, loans, and repayments. Above the liquidity layer are multiple sub-protocols and Vault. The sub-protocols have their own business logic, but they do not directly hold assets. Instead, they use the liquidity layer to manage the deposit and withdrawal of funds. The various sub-protocols are interconnected through a liquidity layer. For example, assets deposited by a user through a lending sub-protocol can be lent out by other Vault sub-protocols; Assets deposited through smart lending can be lent out by Vault and simultaneously provide trading liquidity for DEX sub-protocols. Ordinary users only need to interact with the various sub-protocols to conduct deposit or loan operations, without having to directly access the liquidity layer. Specific operating methods Typical lending agreements: Alice deposits: 100 ETH (single token) Bob lends out: 5000 USDC (single token) Fluid method: Usage 1: Ordinary Loans Just like Aave and Compound, you deposit collateral and your wallet receives a loan, except that the loan is lent out by LPs, such as USDT + USC, and the loan can be used anywhere. Use Case 2: Smart Debt While both involve depositing collateral and lending to limited partners (LPs), the difference lies in the fact that the Fluid protocol directly injects this money into Fluid's DEX trading pool. Users earn transaction fees through debt, and the liquidity pool expands its liquidity through debt. Then, users can revolve the loan. This means using LPs as collateral to borrow from other LPs, then collateralizing again to borrow more, and so on in a continuous cycle. The official documentation gives a theoretical maximum leverage of 39 times based on a 95% LTV (Loan-to-Value) calculation. What are the trade-offs of Fluid? Fluid attempts to unify lending and trading within a single liquidity layer. To achieve this unification, certain compromises must be made, and these compromises are precisely the root cause of additional losses suffered by limited partners (LPs) during volatile market conditions. In Uniswap V3, when the market price exceeds the LP price range, users only temporarily lose to earn transaction fees, and their positions become 100% of a single asset (e.g., all converted to USDC). This is impermanent loss, and the loss may disappear once the price returns to its normal range. Fluid rebalancing transforms "impermanent loss" into "permanent loss". Fluid automatically adjusts the liquidity price range for certain Valuts in order to maintain high capital utilization or to maintain lending health (preventing liquidation). For example, Suppose the price of ETH drops from 3000 to 2800. 1) Uniswap V3 Manual LP: The LP price range is still 2900-3100. Therefore, you would currently hold 100% ETH. If you choose to remain inactive and the price returns to 3000, the LP will return to its initial state with no additional loss. 2) Fluid Automatic Rebalancing: In order to ensure active liquidity (or for risk control), the protocol will automatically perform "rebalancing" when it detects that the price has fallen below the range. At the 2800 level, a portion of the LP's ETH must be sold and converted into USDC to regain liquidity in the new 2700-2900 range. The consequence is that this "sell" action is a real transaction, selling the tokens at a lower price. If the ETH price subsequently rebounds quickly back to 3000, as mentioned before, Uniswap V3 user assets will remain unaffected, and the token pair allocation provided by LPs will return to its original state. In order to recover the price, the Fluid protocol must rebalance when the price rises by buying back ETH with USDC. However, because it was sold at a low price before, it is now being bought back at a high price. This is actually a case of "selling low and buying high," a type of operation that frequently occurs in volatile markets, and this type of loss is known as LVR (Loss-Versus-Rebalancing). Why does Fluid need to be rebalanced? Because LP trading pairs play a very important role in Fluid in order to connect lending and DEX using a unified liquidity layer, even the loans made through lending are trading pairs. Therefore, Fluid had to introduce a concept – “Shares”. In Uniswap V3, LPs are non-fungible, and withdrawals are made via NFTs. Your actions only affect yourself. In order for liquidity to be usable by lending protocols (collateral and debt), Fluid must design its liquidity pools to be homogeneous. LPs do not hold specific "ETH in this price range," but rather "x% of the entire pool." When the agreement triggers rebalancing and causes the aforementioned "buy low, sell high" attrition, the total net asset value of the entire pool decreases. Since LPs hold shares, the price of a share = total pool assets / total number of shares, and the share price will fall directly. Therefore, unlike in Uniswap V3, LPs cannot choose "I will not participate in this adjustment and I will hold on to it"; in Fluid LPs, they are forced to participate in the rebalancing. For another example, Assume the price of ETH is 1000 USDC. Invest LP 1 ETH + 1000 USDC (total value $2000). At this point, the price dropped, with ETH falling from 1000 to 800. 1. Uniswap V3 (Do not operate) As prices fall, traders sell ETH, forcing LPs to buy it. This reduces USDC and increases ETH in the LP pool. Eventually, at the low of 800, the LP pool becomes 100% ETH (let's say approximately 2.2 ETH, with no USDC remaining). The current LP holdings are worth 2.2 ETH, or 1760 USDT. Although they are at a paper loss, the LPs hold a large amount of ETH. 2. Fluid Forced Rebalancing The same situation occurs. The price falls below the lower limit of the range set by Fluid. The protocol determines that the current range (900-1100) is invalid. In order for Vault to continue generating fees (or for lending health), the range must be moved to near the current price, such as 720-880. The key issue is that establishing the new 720-880 range requires 50% ETH + 50% USDC. However, your current position is entirely in ETH. Therefore, a forced action is implemented: Fluid must sell half of your ETH at the 800 price level and convert it back to USDC. Therefore, 1.1 ETH was sold for 880 USDC, which was then used to form a new LP with the remaining 1.1 ETH. The current value is 1.1 ETH + 880 USDC = 1760. However, at this point, your ETH holdings have decreased from 2.2 to 1.1. In effect, Fluid forced you to "cut your losses" at this bottom. At this point, the price rebounded, and the price of ETH rose from 800 back to 1000. Uniswap V3 (Lie flat, no operation required) As the price rebounded, the 2.2 ETH held were gradually bought up and converted back to USDC. The price returned to 1000, and the LP position reverted to 1 ETH + 1000 USDC (ignoring transaction fees). Total value 2000 U, impermanent loss has disappeared. Fluid Forced Rebalancing Prices rebounded, and the new range of 720-880 became invalid again. It is necessary to rebalance and move the range back to 900-1100. Currently, there are only 880 USDC and 1.1 ETH. If the price breaks through 880, the LPs will only have USDC, because the ETH has been bought. At this point, the LPs' positions are all in USDC, totaling 1760 USDC, which is the 880 USDC they initially held plus the amount they sold later. The protocol rebalances when the ETH price reaches 1000, buying ETH with regular USDC to maintain a 50:50 ETH:USDC value. At this point, the LP's position is 0.88 ETH and 880 USDC. The total value is 1760 USDC, a loss of 240 USDC compared to the initial total value of 2000 USDC. Moreover, this 240 U is a permanent loss. The subsequent Fluid DEX v2 upgrade addresses the pain point of permanent loss during rebalancing by transferring the wear and tear costs to arbitrageurs in a "smarter" way, thereby significantly reducing this permanent loss. First, there is a dynamic fee mechanism. When prices fluctuate sharply, the transaction fee will increase accordingly to compensate for the rebalancing losses of LPs. Secondly, a "buffer zone" is set up for the oracle; if it is just a brief insertion, no rebalancing will be performed. Then, LPs are allowed to customize price ranges, with wider options available; rebalancing only occurs when prices exceed these ranges. Asymmetric LP positions are also permitted, meaning the token pair does not need to maintain a constant 50:50 ratio. If that's the case, why does Fluid have a TVL of $1.785 billion and account for 43.68% of Uniswap's trading volume in the past 30 days? Fluid masks or offsets permanent wear and tear through extreme capital efficiency and low-risk strategies for specific assets. Wear and tear comes from frequent rebalancing caused by sharp price fluctuations. But what if, however, the prices between LP token pairs didn't fluctuate? For stable pegged assets like USDC/USDT or ETH/wstETH, rebalancing wear is virtually zero. However, Fluid's mechanism allows for leverage of up to 39x on these assets. Furthermore, the returns include both lending and DEX revenue. Therefore, Fluid's focus is actually on stablecoins, ETH and its LST assets, and BTC-related liquid assets, as shown in the data below. Source: https://dune.com/entropy_advisors/fluid-liquidity Another point is that Fluid's liquidation mechanism differs from typical lending agreements, with liquidation penalties as low as 0.1%. If a lending agreement like Aave needs to be liquidated, external MEV Bots can take the collateral at a discount to help with the liquidation. This "discount" is the liquidation penalty, designed to prevent losses from margin calls. Aave's penalty is 5%. A unified liquidity layer allows Fluid to eliminate the need for external clearing, instead completing clearing directly on its own DEX. The system automatically sells a portion of the collateral to repay the debt. Therefore, penalties can be as low as 0.1% plus slippage. This is actually a favorable trade-off brought about by a unified liquidity layer, which also benefits high leverage. Therefore, Fluid is very beneficial for revolving loans of stable asset LPs such as USDC/USDT or ETH/wstETH, and will also attract stablecoin investment whales and aggressive on-chain traders. Can I buy $FLUID tokens? To be honest, I'm not sure. Currently, there is no necessary connection between protocol revenue and coin price, although the Instadapp community and team have repeatedly hinted at or discussed Fluid's revenue distribution issue. However, the protocol revenue is not currently being distributed to token holders. Summarize Tradeoffs are an extremely important, even primary, consideration in blockchain project design. To achieve core features, certain necessary conditions must be met, and these conditions, in turn, constrain the project. Fluid is a project with a prominent trade-off. It is believed that the project team designed it from the outset to build a unified liquidity layer, expanding liquidity through lending and DEX features. The stablecoin LP and ETH and its LPT token trading pairs are the best entry point for expanding liquidity through leveraged cyclical lending.

Author: PANews
Institutional Crypto Adoption Reaches New Heights as Canton Network Handles $4 Trillion Monthly

Institutional Crypto Adoption Reaches New Heights as Canton Network Handles $4 Trillion Monthly

The post Institutional Crypto Adoption Reaches New Heights as Canton Network Handles $4 Trillion Monthly appeared on BitcoinEthereumNews.com. The watershed moment for institutional blockchain adoption might have arrived quietly, but the numbers tell a story that’s impossible to ignore. At Ledger’s Op3n 2025 conference in Paris, Canton Network co-founder Eric Saraniecki joined other industry leaders to talk about how blockchain infrastructure has evolved. What started as tech built mainly for retail speculation is now becoming something Wall Street can genuinely use. Over 600 institutions use Canton Network to process $6 trillion in tokenized real-world assets, with daily transaction volumes reaching 500,000. Wall Street Finally Has the Right Blockchain Infrastructure The challenge with earlier blockchain attempts for institutions wasn’t about speed or cost. It was about privacy. When Bank of America moves $1 billion to an overseas subsidiary through traditional banking channels, only the counterparties and involved banks see the transaction. Put that same transaction on most public blockchains, and suddenly everyone’s watching competitors, traders, journalists, and regulators alike. Canton Network solves this with what Digital Asset CEO Yuval Rooz calls a “privacy-enabled public blockchain.” Architecture allows institutions to run private nodes that sync atomically, keeping performance steady even as adoption widens. The approach has attracted serious backing. In June 2025, Digital Asset raised $135 million in Series E funding led by DRW Venture Capital and Tradeweb Markets. The list of investors includes Goldman Sachs, BNP Paribas, DTCC, Citadel Securities and Circle Ventures. By December 2025 strategic investments from BNY, Nasdaq, S&P Global and iCapital helped cement Canton’s position even further. Real Applications Billions of them to be Processed Daily Broadridge’s Distributed Ledger Repo technology processes about $280 billion in daily tokens of U.S. Treasury repo volume, which translates to $4 trillion per month. More than 30 super validators and 500 validators are now in support of the network and include significant exchanges such as Binance U.S, Crypto.com, Gemini,…

Author: BitcoinEthereumNews
Trading Moment: Markets Enter a Key Week Ending the Year, Bitcoin Holds Key Level at $86,000

Trading Moment: Markets Enter a Key Week Ending the Year, Bitcoin Holds Key Level at $86,000

Daily market data review and trend analysis, produced by PANews. 1. Market Observation Markets are holding their breath for this week's Federal Reserve meeting, with a 25-basis-point rate cut widely expected. However, contrary to conventional wisdom, since the rate-cutting cycle began in September, the yield on long-term US Treasury bonds, the anchor for global asset pricing, has risen instead of falling, triggering intense debate about the future economic path. Optimists see this as a signal of a "soft landing," while pessimists worry it's a vote of no confidence from the "bond vigilantes" regarding the high national debt and inflation risks in the US. Against this backdrop, Wall Street veteran strategists like Mark Cabana of Bank of America predict that, in addition to rate cuts, the Fed may announce a major balance sheet expansion plan of up to $45 billion per month to address potential liquidity shortages. Meanwhile, China will also usher in a super week of policy announcements, with important meetings and the release of key economic data such as inflation and social financing providing new guidance for the market. Furthermore, competition in the field of artificial intelligence is becoming increasingly fierce, with OpenAI planning to release GPT-5.2 ahead of schedule to address this competition. The financial reports of Broadcom, a chip designer and Oracle, both core players in the AI industry chain, as well as the visit of Microsoft's CEO to India, will all serve as key indicators for assessing the investment climate in AI infrastructure and the future direction of the industry. In the Bitcoin market, short-term sentiment is cautious, but long-term indicators remain resilient. Analyst Murphy, based on the MVRV indicator, predicts that Bitcoin's price may reach $85,000 to $94,000 by December 31st, and then touch the $71,000 to $104,000 range in early 2026, considering $104,000 as a key bull-bear dividing line. Several analysts consider the $86,000 to $88,000 area as key support. For example, Daan Crypto Trades points out that a break below this key Fibonacci level could lead to a price pullback to a low of $76,000, while Michaël van de Poppe believes that holding $86,000 is a prerequisite for his bullish scenario (i.e., a price break above $92,000 and head towards $100,000). On-chain data presents a mixed picture: on the one hand, Glassnode points out that ETF demand continues to weaken, and market risk appetite is declining; on the other hand, analyst @TXMCtrades emphasizes the continued rise in the "activity" indicator, and CryptoQuant data also shows that selling pressure from long-term holders has been "completely reset," which may indicate potential spot demand and the formation of a market bottom. Bloomberg ETF expert Eric Balchunas, however, offers a more macro-level reassurance to the market, believing that Bitcoin's correction this year is merely a normal cooling down of last year's extreme 122% surge. Its resilience in reaching new highs after multiple significant pullbacks makes it no longer suitable for comparison to the "tulip bubble." Regarding Ethereum, short-term market sentiment leans towards pessimism, but long-term technical patterns are showing optimistic signals. According to Nansen data, "smart money" traders are still adding to their short positions in Ethereum on the derivatives platform Hyperliquid, with net short positions accumulating to over $21 million. However, analyst Sykodelic sees a positive side in the technical charts, pointing out that Ethereum's 5-day MACD and RSI indicators, after a thorough reset, are exhibiting patterns that have historically led to significant rallies, suggesting that a market bottom is forming. In the altcoin market, the AI project Bittensor (TAO) became the focus of attention. The project will undergo its first halving on December 14th, reducing the daily token issuance by half. Grayscale analyst Will Ogden Moore commented positively, believing it marks a significant milestone in the network's maturation. He pointed out that its strong adoption momentum, rising institutional interest, and the success of the dTAO mechanism could all be catalysts for price increases. TAO rose nearly 10% intraday. The weekend saw numerous market developments, with several events and figures attracting widespread attention. Terraform Labs co-founder Do Kwon's legal case saw new developments. US prosecutors recommended a 12-year prison sentence for his "massive" fraudulent activities, and US District Judge Paul Engelmayer will deliver sentencing on December 11th. This news initially caused USTC and LUNA tokens to surge by over 100% over the weekend before falling sharply, down nearly 20% in the past 24 hours. Additionally, Binance founder CZ's joke about executive He Yi's misspelling of "DOYR" in a tweet unexpectedly spawned a meme coin with the same name. Meanwhile, Binance responded directly to community concerns, stating that it is conducting an internal review of potential corruption related to token listings. Another noteworthy piece of news comes from the intersection of the tech and cryptocurrency worlds: Moore Threads, the "first domestically produced GPU stock," saw its share price surge after listing on the STAR Market. The controversial past of its co-founder, Li Feng, has also resurfaced, including his involvement in the "Mallego Coin" project with Li Xiaolai and others, and a long-standing debt dispute with OKX founder Star involving 1,500 bitcoins (currently worth approximately $135 million). In response, Star recently stated on social media that the debt issue has been handed over to legal action and that the focus should be on the future. 2. Key Data (as of 13:00 HKT, December 8) (Data source: CoinAnk, Upbit, Coingecko, SoSoValue, CoinMarketCap) Bitcoin: $91,596 (down 2.11% year-to-date), daily spot trading volume $40.49 billion. Ethereum: $3,134 (down 6.17% year-to-date), daily spot trading volume $25.27 billion. Fear of Greed Index: 20 (Extreme Fear) Average GAS: BTC: 1.2 sat/vB, ETH: 0.04 Gwei Market share: BTC 58.7%, ETH 12.2% Upbit 24-hour trading volume rankings: XRP, ETH, BTC, MOODENG, SOL 24-hour BTC long/short ratio: 50.54% / 49.46% Sector Performance: Meme and DeFi sectors saw a slight pullback, while SocialFi and AI rose by over 2%. 24-hour liquidation data: A total of 112,699 people worldwide were liquidated, with a total liquidation amount of $416 million. This included $105 million in BTC liquidations, $169 million in ETH liquidations, and $21.92 million in SOL liquidations. 3. ETF Flows (as of December 5) Bitcoin ETFs saw a net outflow of $87.77 million last week, with ARKB experiencing the largest net outflow at $77.86 million. Ethereum ETFs saw net outflows of $65.59 million last week, with BlackRock's ETHA experiencing the largest net outflow at $55.87 million. Solana ETF: Net inflow of $20.3 million last week XRP ETF: Net inflows of $231 million last week, marking the fourth consecutive week of net inflows. 4. Today's Outlook HumidiFi: New token public sale will begin on December 8th at 23:00. The Stable mainnet will launch on December 8th at 21:00. The company formed by the merger of Twenty One Capital and CEP is expected to list on the NYSE on December 9. BounceBit (BB) will unlock approximately 29.93 million tokens at 8:00 AM Beijing time on December 9th, representing 3.42% of the circulating supply, worth approximately $2.7 million. The top 100 cryptocurrencies by market capitalization with the largest gains today are: Ultima up 7%, SPX6900 up 5.8%, Canton Network up 5.5%, Ethena up 5.1%, and Zcash up 4.5%. 5. Hot News Data: APT, LINEA, CHEEL and other tokens will see large-scale unlocking, with APT unlocking value estimated at approximately $19.3 million. This Week's Preview | The Federal Reserve FOMC announces its interest rate decision; the Stable blockchain mainnet will officially launch on December 8th. The largest short position in BTC on Hyperliquid currently has a floating profit of approximately $17 million, having reduced its position by about 20 BTC in 26 minutes. The BEAT team's linked wallet sent $1.2 million worth of tokens to a CEX, seemingly indicating a planned sell-off for profit. Twenty One Capital transferred 43,122 BTC to a new wallet. The U.S. SEC's Cryptocurrency Working Group will hold a roundtable meeting on financial regulation and privacy on December 15. Bittensor will undergo its first halving on December 14th, at which time the daily supply of TAO will decrease to 3600 tokens. ZKsync plans to abandon its early network, ZKsync Lite, in 2026. The long positions held by the "whale that opened short positions after the 1011 flash crash" have reached $164 million, and are currently showing a floating loss of $950,000. A wallet suspected to be Windemute has accumulated approximately $5.2 million worth of SYRUP tokens over the past two weeks. South Korea is considering legislation requiring virtual asset operators to bear "no-fault liability" for hacker attacks, with fines potentially increased to 3% of sales revenue. The average cash cost for public miners mining Bitcoin has reached $74,600, with a total cost of $137,800. Caixin: Last year, 3,032 people were prosecuted for money laundering related to cryptocurrencies; establishing a firewall against virtual currencies is necessary to protect normal economic and trade activities. Farcaster announces strategic shift: from a social-first approach to wallet-driven growth.

Author: PANews