24-hour major events in the crypto world! 1-minute overview of overnight market trends丨December 17
✨Last night’s collection of Crypto highlights, get market focus in one minute
1⃣ #BTC 、#ETH 、#SOl shocked people into a daze. Last night, the U.S. November non-farm payrolls and unemployment rate were both better than expected, benefiting the risk market, with Crypto concept stocks rising across the board.
2⃣Cato's perspective: Current expectations in the macro market are not clear enough, and we need to wait for the yen interest rate hike and November inflation to settle before the market can effectively assess the current expectations. Awaiting the “shoe to drop.”
3⃣ PIPPIN plummeted over 30% after hitting an all-time high. Investors say that the project team has closed the net. The bad news includes data disclosure showing that 80% of the supply is controlled by internal addresses.
4⃣The U.S. SEC has ended its four-year investigation into the Aave protocol, but AAVE is mired in a dispute over revenue between the founding team and the DAO protocol, with both sides in a muddle.
5⃣Two senior officials at Paradigm have resigned in quick succession; against the backdrop of overall market pressure, this is still interpreted as: industry liquidity and talent flow accelerating, Crypto is no longer attractive.
6⃣BNB Chain officially announced it will launch a new stablecoin based on BNB Chain. This may bring new pairing MEME, must pay attention!
7⃣Flow ecosystem's main wallet Blocto announced it will cease operations, having previously raised $80 million at a valuation. The reason is that FLOW has dropped over 99%, leading to long-term losses for the project. #FLOW’s market cap is surprisingly still 300 million! Can you believe it!
8⃣OpenAI CEO Sam Altman rarely publicly responded to a post related to the Worldcoin team. WLD is as silent as a dead cat. Market cap 5.2 billion.
9⃣JD.com has restarted its digital collectibles business, with the “Lingxi” platform launching a new service for transferring newly issued digital assets. The last time it was popular was in 2021, four years ago.
🔟Market expectations: The Federal Reserve is expected to have two rate cuts next year. The dates for the next two FOMC meetings are January 28, 2026, and March 18, 2026. $BTC


