📉Market Sentiment: Fear (26) | BTC hovering around $92k
1️⃣📊Market Trend
BTC fluctuates between $92,000 and $93,000, while ETH bounces near $3,300. The overall market is in a recovery phase after 'extreme fear', with the AI sector (FET, WLD) leading the gains, and risk appetite for funds seems to be rising globally.
2️⃣🎮GameStop Gamble Volatility
The financial report of 'retail investor base' GameStop (GME) has sparked heated discussions. The company invested $500 million in Bitcoin this spring, and although there are paper profits currently, the volatility during Q3 has caused its financial data to resemble a roller coaster, leading to polarized opinions in the financial circle.
3️⃣🔒Upbit mends its ways
South Korea's largest exchange Upbit announced extreme security measures today after losing 44.5 billion won due to a hacker attack: transferring 99% of user assets to cold wallets, with hot wallets accounting for 1%. Arbitrage operators in Korea should be aware of potential currency efficiency.
4️⃣🐳The “Silk Road” awakens
On-chain detectives found that a dormant wallet related to the dark web “Silk Road” suddenly became active after 10 years of silence, transferring approximately over 3 million USD in BTC. The community speculates whether it is early participants from the leaked net cashing out.
5️⃣👮♂️The “HPZ token” scam targeting the public
The CBI (Central Bureau of Investigation, India) has officially filed charges against two Chinese citizens today, accusing them of defrauding over 10 billion rupees through the “HPZ token” scam APP. Such overseas market-targeted “pig butchering” schemes have recently become frequent, and the overseas team needs to be aware of compliance risks in Nepal.
6️⃣🚫American teachers' union strikes against crypto
The American Federation of Teachers (AFT) has written to the Senate, strongly opposing the introduction of crypto assets into the Innovation Investment (Market Structure Bill), arguing that this uses retirement workers' money to fill bubbles.
7️⃣ 🐉Chinese native dog circle trend: Binance
The current hot topic in the community is the Chinese concept meme on the BSC chain. Although leading projects like “Binance Life” have recently pulled back, they still maintain a very high level of discussion and turnover rate as cultural symbols for the Chinese community to counter the English meme hegemony.
8️⃣📉Twenty-one Capital's expedition has not yet succeeded
The long-awaited debut performance of Twenty-one Capital on its first day was dismal, with prices plummeting. Investors are not buying into its “vague strategic roadmap,” pouring cold water on the recent enthusiasm in the primary market.
9️⃣📈Macro inflation:
China's November CPI data has been released, rising 0.7% year-on-year, hitting a new high in 21 months. The surge in macro inflation expectations has led some funds to begin re-embracing Bitcoin as a “digital gold” anti-inflation asset.
🔟🖼️Inscription/Rune stabilizing recovery
After a period of sluggishness, both the Ordinals and BRC-20 sectors have shown a slow recovery, with some leading inscription floor prices warming up. The community believes that as BTC stabilizes, Bitcoin ecological assets may usher in a second wave of value discovery.
