Gasoline prices at U.S. gas stations have hit a four-year low, mainly due to weak demand and declining crude oil prices. However, there is still a gap from a certain political figure's "below $2" promise. While lower prices may alleviate inflation, they also reveal concerns about an economic slowdown, and the market needs to pay attention to how this change impacts risk assets.

The ICO of Bitcoin Hyper is about to reach $29 million, while BTC has experienced over $646 million in liquidations, with the price falling to $85,000. The project aims to bring the Solana virtual machine environment in, allowing developers to use Bitcoin for application development, showcasing new application scenarios for BTC. Whales have started to accumulate HYPER, anticipating that it can establish a new ecosystem.

[Coin World] Sushi's recent actions are quite interesting.
Alex McCurry from Synthesis directly purchased over 10 million SUSHI tokens and will personally lead the team. Former leader Jared Grey will step down to become an advisor, and the new team has officially taken over.
To be honest, Sushi performed quite well last year—the AMM and aggregator business earned over $10 million, finally turning a profit. Now with this strategic investment, the goal is quite clear: to push annual revenue above $20 million in the coming years.
No nonsense, just focus on steady growth and sustainable development. After all, the DeFi sector has undergone a harsh reshuffling over the past two years, and there are not many protocols left that can survive and remain profitable. Next, it will depend on whether the new team can implement the plan and bring this established DEX back to its rhythm.

Recently, the price of Bitcoin fell below $86,800, and large investors did not exhibit panic selling; instead, they showed signs of coin hoarding, indicating a possible willingness to catch a falling knife around the $83K to $88K price range. Despite the poor price movement, capital inflow has increased, and future rebounds will still need to follow the buying trends of whales.

[Coin World] A leading exchange in the United States is about to make big moves? They announced that there will be a "major system upgrade" on December 17, and they have specifically scheduled a live social media broadcast at 2 PM Pacific Time.
Interestingly, the official terminology is quite cryptic—terms like "the next evolutionary stage" and "the future of currency" are used, but they don't specify what exactly will be done. Is it to launch new features? Or a major overhaul of the technical architecture? At the moment, no one can say for sure.
However, they have indeed been making some moves recently. Not long ago, they just relocated the internal wallets for BTC and ETH, calling it a "routine security upgrade", and emphasized that it had nothing to do with hacker attacks or market fluctuations. This operation has left people puzzled—was it really routine maintenance, or is it paving the way for this "major update"?
The countdown has already begun, let's see what surprises can be produced on the 17th.

Hats.finance announced that it will shut down its accomplice operation services on December 31, 2025, due to the centralized interface and servers being unsustainable. The team has no plans for a new legal framework, and the sharp decline in market demand has led to a loss in the value of HATS Token. Users need to apply for withdrawals by December 17 to avoid last-minute chaos.

The original CEO of Sushi, Jared Grey, has stepped down to become an advisor, with Alex McCurry taking over and receiving funding support from Synthesis. The new team will face intense competition in Decentralized Finance, and whether they can succeed will depend on Alex's strategy and capital utilization.

Powell will participate in the memorial event at Stanford, but will not discuss the economy during the Fed's quiet period. The market is following Wednesday's interest rate decision, with a nearly 90% probability of a rate cut, while the dot plot will provide guidance on interest rates in 2026, becoming a key factor in market trends.

The PowerSpark project has been active recently, and the ecological Token POSK will be listed on BitMart on December 3rd, with the community already gathering thousands of people. Its AI trading system is expected to launch in January next year, and the team aims to introduce effective tools, but their maturity remains to be validated.

[Coin World] Japanese listed company Remix Point has recently made a big turn — the plan to invest 1.2 billion yen in a Web3 project has suddenly been halted, and the funds are now being redirected to the battery and energy business.
To be fair, their previous plan was quite clear: to collaborate with the blockchain node operator Omakase to specifically focus on the PoS consensus mechanism for validating nodes. However, the company's current stance is that the market environment is too complex, and they cannot find a reliable project in the short term that has both high growth potential and a balanced risk-reward ratio.
What's more interesting is the personnel changes. At the end of September, the new CEO, Takashi Teshita, was expected to promote the Web3 transformation, but he left after just three months, and the former CEO, Yoshihiko Takahashi, returned to take over. This lightning-fast change in leadership somewhat reflects the internal divisions within the company regarding the direction of Web3.
However, speaking of which, they have been quite quick to act on Bitcoin - buying coins for 4.7 billion yen.

[Block Rhythm] On December 1st, Ethereum suddenly experienced a sharp fall. Data from a certain trading platform shows that ETH once dropped below the $2800 mark and is currently fluctuating around $2814. It has fallen 7 points within 24 hours, with a significant pullback. This drop has caused many holders to start observing, and market sentiment is a bit tense. Whether it can hold the psychological level of $2800 in the short term may determine the direction of the subsequent trend.

The digital asset platform Gleec acquired Komodo's cross-chain DeFi business for $23.5 million, including technology, brand, and core team. This acquisition enhances Gleec's technological autonomy and is expected to facilitate the integration of its encryption debit card, virtual IBAN accounts, and other services, reflecting the increasing trend of vertical integration in the DeFi sector.

Recently, a new Wallet withdrew 77,385 ETH within 2 hours, worth approximately 218 million USD, suspected to be related to Whale operations. Subsequently, the Whale deposited 180,000 ETH into Aave V3 and borrowed 220 million USDT, with the funds flowing to a major exchange, and the market needs to be wary of the impact brought by its leverage layout.

The Bernstein analyst team pointed out that encryption companies are beginning to explore new business models during the bottoming period of the coin market, expanding their product lines and revenue structures, demonstrating market resilience. The loosening of the regulatory environment and model innovation are driving companies to boldly implement their previous strategies, ushering the industry into a new phase.

Mike McGlone from Bloomberg Intelligence believes that Bitcoin may pull back to $50,000 and points out that its ratio relative to gold is above reasonable levels. He warns that complacent market sentiment could lead to shocks for risk assets, especially the more volatile Bitcoin. Investors need to make judgments based on their own risk tolerance.

[Coin World] Recently, several mysterious Whales have been focusing on shorting precisely before the big dump on 1011. These three Addresses (0xf6fd, 0xF744, 0x4116) took decisive action—directly withdrawing 220 million U from Aave and depositing it all into a major trading platform.
What's even more outrageous is that this group has over 500 million dollars in assets lying on-chain. Is this operation a strategic move or are they preparing to run away? It feels like there will be a big move next, and I'm keeping a close watch.

Musk stated that the future value mainly comes from AI, Bots, and aerospace, emphasizing companies with solid technology like Google and Nvidia. He predicts that within three years, the proliferation of AI and Bots will lead to severe deflation, which could have a profound impact on the crypto market.

[Coin World] A major move has occurred on-chain! The new wallet address 0x36ED just transferred 42,225 Ethereum from a leading exchange, amounting to approximately 120 million USD at current prices. Such a large withdrawal is generally not something a retail investor can engage in; it may be institutions adjusting their positions or preparing for significant on-chain operations. It is worth following the future flow of funds for this address.

Veteran trader Peter Brandt warns that the price of Bitcoin may fall to $40,000, as the recent market has not reached the upper band and the market has entered a "risk zone" with weak buying pressure. His analysis is worth following.

The TRON community is discussing the native transaction batching feature, which aims to reduce costs and enhance network scalability by packaging multiple transactions for a single submission to the Mainnet. This proposal was submitted by Boosty Labs and is currently under review, pending the voting results to determine whether it will be implemented.