冷风社区--求回关

Bitcoin's price is struggling around $94,000, while a series of upcoming macro events are weaving a difficult-to-break downward web for the world's largest cryptocurrency.
In the early hours of the Bitcoin market, a shocking scene unfolded again—prices plummeted nearly $5,000 within an hour, with over $500 million in long positions being forcibly liquidated. This is just a glimpse of the market's recent fragility.
In what seems to be a calm early December, three powerful bearish forces are quietly gathering, all pointing to one conclusion: Bitcoin is likely to face sustained pressure in December, with little chance of improvement.

The prediction by SEC Chairman Paul Atkins struck like a giant stone thrown into a calm lake, stirring up waves in the crypto market. The scenario he outlined in the interview is unfolding simultaneously on Wall Street and in Silicon Valley.
U.S. SEC Chairman Paul Atkins made a bold prediction during a recent interview with Fox Business: the entire U.S. financial market may migrate to blockchain technology within two years.
This statement quickly became the hottest topic in the crypto industry. “This will not only be a trend for the next decade, but it may also become a reality in just two years,” Atkins clearly stated during the interview.

Bank of America predicts that the 'semi-annual interest rate hike' will start in December, and the 'cheap yen era' of arbitrage trading is likely to come to an end.

---

According to Golden Finance, citing Bank of America economists' predictions, the Bank of Japan may raise the interest rate from 0.5% to 0.75% at its meeting on December 18-19, thus starting a cycle of 'hiking every six months'. If this prediction comes true, it will not only be a historic shift in Japan's monetary policy but may also be a key turning point in the global market liquidity environment.

I. Why does Japan's interest rate hike 'affect the world'?

Japan has maintained the lowest interest rates in the world for a long time, making it the most important 'low-cost funding pool' in the international financial market. Countless investors borrow cheap yen, converting it into dollars, euros, or other high-yield assets for investment, which constitutes a massive 'yen arbitrage trading'. This mechanism has injected vast liquidity into global stock markets, bond markets, and even the cryptocurrency market.

1/612月3日 Ethereum welcomes a major upgrade “Fusaka”! This upgrade has a clear goal: to solve network congestion and high fees, making the entire ecosystem faster, cheaper, and easier to use. Here are a few tweets to quickly grasp the core!
2/6 【Main Highlight: Data Channel Revolution】
The upgrade introduces a new technology called PeerDAS. In simple terms, nodes will no longer need to 'download everything' for data verification, but only 'sample check'. This can safely increase the data channel (Blob) capacity by dozens of times without adding burden! The transaction costs for Layer2 will significantly decrease as a result.