BTC, ETH, SOL make a strong comeback! BTC rose over 6% in a single day, with significant contributions from the Vanguard Group's open crypto ETF, which saw trading volume exceed 1 billion within the first half hour of opening. Sentiment has fully recovered.
Today's market highlights:
1. Hassett highly likely to become the Chairman of the Federal Reserve
Trump has pushed the announcement to early next year, with Polymarket giving an 85% probability. Hassett himself is part of the 'crypto-friendly faction,' which is a long-term positive for the crypto industry.
2. STABLE token model announced
Total supply of 100 billion, not used for Gas, 10% allocated for deposits and exchange activities, suggesting that exchange activities are likely to ramp up soon.
3. Predictive markets set to explode
Kalshi raised 1 billion with a valuation of 11 billion. The three major players in prediction markets: Polymarket / Kalshi / Opiniøn, with the trend toward compliance becoming increasingly clear.
4. OKX delists some old coins
Trading pairs like ACA, CLV, FOXY, PSTAKE, RACA will be delisted, with a clear trend of cleaning up existing projects.
5. ZEC continues to adjust
It previously rose by 10 times, and funds are starting to rotate out, normalizing sentiment.
6. PIPPIN remains strong
Market cap exceeds 218 million, contract fee rate remains at -0.2%, still experiencing short squeezes, be aware of the risks.
7. SEC signals 'crypto pivot'
Chairman Paul Atkins: The crypto innovation exemption will be issued within about a month, and the regulatory stance has officially shifted to support.
8. Michael Burry again criticizes BTC
He claims, 'Bitcoin is as worthless as tulips.' This indicates that the traditional market's consensus on BTC's value has not yet fully taken hold.
