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Sun Wukong (SunX) launches ZEN contract trading

CoinVoice has recently learned that the decentralized contract trading platform Sun Wukong (SunX) has recently added ZEN USDT linear contract trading, supporting up to 20x leverage. According to the latest official social media updates, the platform's trading volume continues to grow rapidly, as of December 1.
SUN1.23%
BTC6.46%
ETH8.9%
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Bloomberg: The Trump family's encryption assets have fallen by over 90%, with a decline that far exceeds the broader market.

CoinVoice has learned that, according to Bloomberg, the encryption project promoted by the Trump family has suffered a heavy blow, with a fall far exceeding that of mainstream assets like Bitcoin. On Tuesday, the encryption mining company American Bitcoin, co-founded by Eric Trump, experienced a big dump of 50% in a single day, with a cumulative drop of 75% from its peak.
President Trump and his son's jointly founded World Liberty Financial token WLFI has fallen 51% from its early September peak; Alt5 Sigma, promoted by Trump's son, has plummeted about 75%; the memecoins named after the president and his wife Melania have dropped about 90% and 99% from their January highs, respectively. In contrast, Bitcoin has only fallen about 25% during the same period.
Professor of Law Hilary at American University
BTC6.46%
WLFI0.62%
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The dollar index fell 0.06%, closing at 99.357.

CoinVoice has learned that, according to Jin10, the US Dollar Index, which measures the dollar against six major currencies, fell by 0.06% on December 2, closing at 99.357 in the foreign exchange market. 1 Euro exchanged for 1.1622 US dollars, higher than the previous trading day's 1.1608 US dollars; 1 British Pound exchanged for 1.3211 US dollars, lower than the previous trading day's 1.3213 US dollars. 1 US dollar exchanged for 155.88 Japanese Yen, higher than the previous trading day's 155.48 Japanese Yen; 1 US dollar exchanged for 0.8032 Swiss Francs, lower than the previous trading day's 0.8044 Swiss Francs; 1 US dollar exchanged for 1.3971 Canadian Dollars, lower than the previous trading day's 1.3997 Canadian Dollars; 1 US dollar exchanged for 9.4286 Swedish Krona, lower than the previous trading day's 9.4589 Swedish Krona.
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The ruling party of South Korea demands the advancement of the stablecoin bill, requiring commercial banks to hold at least 51% of the shares.

CoinVoice has recently learned that the ruling party in South Korea, the Democratic Party, has requested the government to submit a new bill by December 10 to regulate stablecoins pegged to the Korean won. Kang Jun-hyun, the chairman of the Democratic Party's Policy Committee, stated that the draft bill will only allow alliances with at least 51% of their shares held by commercial banks to issue fiat-pegged tokens. Kang Jun-hyun mentioned that this move aims to coordinate the positions between the Bank of Korea, the Financial Services Commission, and the banking sector. If the government fails to take action, Kang Jun-hyun stated that the National Assembly will lead and promote the legislation. The proposal restricts the issuance of stablecoins to alliances where commercial banks hold no less than 51% of the shares, in order to address long-standing concerns regarding the qualifications of issuing entities.
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Data: Bitcoin Spot ETF total net inflow yesterday was 8.4792 million USD, continuing a net inflow for 4 days.

CoinVoice has recently learned that, according to SoSoValue data, yesterday (December 1st, Eastern Time) the total net inflow of Bitcoin Spot ETF was $84.792 million.
The Bitcoin Spot ETF with the highest net inflow yesterday was the Fidelity ( ETF FBTC, with a net inflow of 67.0227 million USD. Currently, the total historical net inflow for FBTC has reached 12.096 billion USD.
Secondly, the ETF ARKB from Ark Invest and 21Shares had a net inflow of 7.3771 million USD in a single day, and the total historical net inflow of ARKB has reached 1.836 billion USD.
The Bitcoin Spot ETF with the highest net outflow yesterday was the Blackrock ( ETF.
BTC6.46%
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The Money Effect is disappearing, and the era of "post-encryption Twitter" is approaching.

Original Title: Welcome to Post-CT
Original author: Lauris
Original text compiled by: Deep Tide TechFlow

Welcome to the era of "Post-Encrypted Twitter"
The "Crypto Twitter" (CT) mentioned here refers to the Crypto Twitter as a market discovery and capital allocation engine, rather than the entire crypto community on Twitter.
"Post-Crypto Twitter" (Post-CT) does not mean the disappearance of discussions, but rather indicates that Crypto Twitter, as a "mechanism for coordination through discourse," is gradually losing its ability to repeatedly generate significant market events.
A single culture that can no longer produce enough significant winners will not be able to continuously attract the next wave of new participants.
The "significant market event" mentioned here does not refer to "the price of a certain token tripling."
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Data: With the overall network difficulty running at a high level, most old Bitcoin Mining Rigs have fallen below the shutdown coin price.

CoinVoice has recently learned that according to the latest data from F2Pool, under the current electricity price of $0.06 per kWh, most older Bitcoin Mining Rigs have fallen below the shutdown coin price, entering a large-scale loss zone. The data shows that the shutdown coin prices for models such as Antminer S19, S19j, S19 Pro, S17 series, Avalon A13/A12 series, and Shenma M20/M30 series are generally around or above $90,000 to $100,000, with daily net earnings being negative, approaching or reaching shutdown levels. In contrast, the new generation of efficient liquid-cooled models still has significant advantages, among which the Antminer S23.
BTC6.46%
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The US dollar index fell 0.03%, closing at 99.415.

As of December 1, the US dollar index fell 0.03% to 99.415, the euro and Swiss franc rose, while the pound and yen depreciated, and the Canadian dollar and Swedish krona also saw a rise.
ai-iconThe abstract is generated by AI
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How much is ETH worth based on 10 valuation methods?

Written by: Eric, Foresight News
What should be the reasonable price of ETH?
For this issue, the market has provided many valuation models. Unlike Bitcoin, which already exists as a major asset, Ethereum, as a smart contract platform, should be able to summarize a reasonable and recognized valuation system, but it seems that the Web3 industry has not yet reached a consensus on this matter.
Recently, a website launched by Hashed presented 10 valuation models that are likely to have high market recognition. Among the 10 models, 8 showed that Ethereum is undervalued, with a weighted average price exceeding 4700 dollars.
So how is this price, which is close to the historical high, calculated?
From TVL to staking to income
Hashed Listed
ETH8.9%
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GetBetter.vip:
Written by: Eric, Foresight News
What should be the reasonable price of ETH?
For this question, the market has provided many valuation models. Unlike Bitcoin, which already exists as a major asset, Ethereum, as a smart contract platform, should be able to summarize a reasonable and recognized valuation system, but it seems that the Web3 industry has yet to reach a consensus on this matter.
Recently, a website launched by Hashed has provided 10 possible valuation models that may have high market recognition. Among the 10 models, 8 of the calculations indicate that Ethereum is undervalued, with the weighted average price exceeding 4700 USD.
So how is this reasonable price, close to historical highs, calculated?
From TVL to staking to revenue
Hashed listed the

Data: A total of 193 million TON transferred to TON, worth approximately 301 million dollars.

According to Arkham data, TON received multiple large transfers from an anonymous address between 08:42 and 08:50, totaling 193,217,805.43 TON, worth approximately $301 million.
ai-iconThe abstract is generated by AI
TON5.67%
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November Bitcoin performance was the second worst month of the year, with Spot ETF recording an outflow of 3.48 billion USD.

In November, Bitcoin fell by 17.28%, marking the largest drop since 2022, influenced by macroeconomic factors and institutional capital outflows. ETF outflows reached 3.48 billion USD, exacerbating losses for short-term investors and increasing market pressure.
ai-iconThe abstract is generated by AI
BTC6.46%
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FC Barcelona has faced criticism for reaching a $22 million sponsorship protocol with the encryption company ZKP.

CoinVoice has learned that, according to Decrypt, FC Barcelona previously signed a global sponsorship protocol worth $22 million for three years with the encryption company Zero-Knowledge Proof (ZKP), becoming the club's official encryption protocol partner. However, this move has sparked criticism from the public.
Former board members of the club
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