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On December 5, Moore Threads officially debuted on the STAR Market, opening at 650 yuan, which represents a 468.78% surge compared to its issue price of 114.28 yuan.
Southwest Securities believes that the current market is in a dangerous and fragmented period driven by "fiscal dominance," where traditional macro logic has failed, and both U.S. stocks and gold have become tools to hedge against fiat currency credit risk.
Hassett stated in a media interview that the FOMC now appears more inclined to cut interest rates, and he expects a rate cut of 25 basis points.
1. On-chain funds: Today, $55.7M flowed into Ethereum; $51.4M flowed out of Base. 2. Top gainers and losers: $OMNI, $FTN. 3. Top news: At 23:00 tonight, the US will release the annual Core PCE Price Index for September, with an expected 2.9%.
- 16:42US Prosecutors: Do Kwon Should Be Sentenced to 12 Years in PrisonForesight News reported, according to Bloomberg, that U.S. prosecutors stated Do Kwon should be sentenced to 12 years in prison for the fraudulent actions that led to the collapse of the TerraUSD stablecoin in 2022, resulting in losses of $40 billions. Do Kwon will be sentenced by U.S. District Judge Paul Engelmayer on December 11.
- 16:42Vitalik: Bitcoin mining hash rate surpasses the 2^96 milestone, supporting the 128-bit security standardForesight News reported that Ethereum co-founder Vitalik Buterin stated in a post that, according to rough calculations based on average difficulty statistics, Bitcoin mining has recently just crossed the milestone of a total of 2^96 hashes. Vitalik believes this provides ample reason to adhere to (close to) the 128-bit security standard, and noted that Drake's previous viewpoint was correct. This data reflects the continuous growth of Bitcoin network hash power and the ongoing improvement of its security.
- 16:19BTC falls below $90,000Jinse Finance reported that according to market data, BTC has fallen below $90,000, currently quoted at $89,984.66, with a 24-hour decline of 2.8%. The market is experiencing significant volatility, please ensure proper risk control.