Le Freeport in Singapore houses a complete Triceratops skeleton dating back 69 million years, valued at $5 million, owned by four crypto enthusiasts. Although they were once passionate about NFTs, they have now shifted to collecting antiques and fossils, reflecting a pursuit of more tangible assets.

【BitPush】A certain trader recently discovered an interesting phenomenon—the market has actually quietly entered a risk appetite mode, but many people haven't realized it yet because Bitcoin's price has been too stable.
You can see this from a few signals. Silver prices recently hit a record high and are accelerating upwards. Remember, silver has always been a high-beta version of gold; its rise indicates that funds are chasing risk assets.
Looking inside the crypto market, the ETH/BTC ratio has already broken through the 50-week moving average and continues to climb. This indicator actually does a good job of explaining the situation—ETH strengthening relative to BTC means that funds are now willing to take on higher risks to seek returns.
There are also movements in traditional markets. The Russell 2000 index has broken through, which represents small- and mid-cap stocks and is often seen as a barometer of stock market risk appetite.
More importantly, the printing press has started running again. The Federal Reserve

【链文】昨天XRP现货ETF又迎来一波资金涌入，单日净流入达到1020万美元。
其中表现最亮眼的是Bitwise旗下的XRP ETF，单日就吸金700万美元，历史累计流入已经突破2亿大关。紧随其后的是灰度的GXRP，昨日进账320万美元，总流入规模也达到了2.17亿美元。
从整体盘子来看，XRP现货ETF的总资产净值目前站在9.39亿美元，净资产占比0.75%。更值得关注的是，自推出以来的历史累计净流入已经逼近10亿美元大关——准确数字是9.54亿美元。
这波持续的资金流入，似乎反映出机构投资者对XRP的配置兴趣正在升温。

On December 10th, the Solana spot ETF market experienced an influx of funds, with a total net inflow of $4.85 million. Bitwise's BSOL attracted $3.68 million in a single day, and the total cumulative inflow exceeded $600 million. The total asset net value is $949 million, indicating that market confidence in the Solana ecosystem continues to strengthen.

Michael Saylor criticizes MSCI's proposal to exclude companies holding more than half of their assets in cryptocurrencies from the U.S. index, deeming the proposal biased and harmful. Strategy executives rebut the criticism, asserting their innovative model as a financial company. If the proposal passes, it could have serious consequences for the industry, reflecting the intense opposition between traditional finance and the crypto world.

Recently, an investor named "1011 Insider Whale" quickly purchased 19,109 ETH after ETH fell below $3,300, and now holds 120,094 ETH with an unrealized profit of approximately $12.32 million. His liquidation threshold is set at $2,234. Market volatility is intense, and his actions could impact short-term ETH movements.

B. Riley Wealth Chief Market Strategist Art Hogan pointed out that the Federal Reserve's rate cut this time has a明显鹰派色彩, despite two members opposing the rate cut, six members believe it should not be cut, indicating a strong hawkish signal. This suggests that the Federal Reserve has set a higher threshold for the next rate cut, and the market needs to reassess easing expectations.

The Federal Reserve's latest fixed-rate overnight reverse repurchase operation data shows that 17 institutions participated, with a total amount of $504.5 billion. This indicates ample market liquidity and may impact the funding environment in the crypto market. Monitoring subsequent changes and their effects on risk assets is crucial.

【ChainWen】ChatGPT can now directly call Adobe Creative Cloud apps, and this operation is quite impressive.
Specifically, you can use some features of Photoshop, Adobe Express, and Acrobat directly within the chat window, without the hassle of switching software. For example, if you want to adjust image brightness, add contrast, modify saturation, or experiment with stylization effects, you can do it all in ChatGPT. Partial edits are also possible, such as blurring backgrounds or removing objects.
However, there is a limitation— the popular generative fill feature in Photoshop is temporarily unavailable. To intelligently remove distracting elements from images, you'll still need to go back to the original software. But using these basic functions for free is already quite satisfying.
Currently, these new features are available on the web version and iOS. Android users can start with Express, and support for Photoshop and Acrobat is coming soon.

【Block Motion】At 3 a.m. tonight, the Federal Reserve will deliver its final report of the year. A rate cut is almost certain this time, but the question is—what's next for 2024? Internal debates are currently chaotic, and the guidance provided will most likely be ambiguous or even hawkish in tone.
What does the market think now? Everyone believes that by the end of 2026, the Federal Reserve will cut rates two more times, each by 25 basis points, ultimately stabilizing the interest rate in the 3.00%-3.25% range. However, JPMorgan's Chief Economist, Ferloli, states very plainly: Recently, the regional Fed presidents have turned hawkish, and the rate cut path in 2026 might be similar to September's forecast—there aren't many supporters for a rate cut this time, and it will be even harder to cut again later.
Ferloli also revealed that the new interest rate projections will come “with a hint of reluctance,” and the wording of the policy statements will change, implying that further rate cuts are unlikely in the future. After Powell's meeting, he will probably emphasize: unless the labor market truly

GameStop invested $500 million in Bitcoin this spring, with a book value of approximately $519 million in the third quarter, earning $19 million, but it once temporarily incurred a loss of $9.4 million. Although the outlook for cryptocurrencies in 2025 is optimistic, recent market crashes have put pressure on many companies, and their financial reports have attracted attention.

The Federal Reserve's FOMC meeting has had a significant impact on Bitcoin prices, with six of the seven meetings this year causing BTC to fall. Although the market expects a rate cut at the December meeting, historical data shows that BTC prices are volatile during the FOMC period, and investors need to be wary of short-term shocks.