Search results for "CORE"
14:14

Meta is fully shifting to closed-source models. The new model Avocado is expected to be released next spring.

BlockBeats News, December 10 — After investing hundreds of billions of dollars to build the most expensive team in tech history for months, Meta CEO Zuckerberg is now deeply involved in daily R&D and is pushing the company's strategy toward directly monetizable AI models. According to sources, a new model codenamed "Avocado" is expected to be released in Spring 2026 and may be launched in a closed-source manner (i.e., strictly controlled by Meta and sold for access). This move marks a significant deviation from Meta's long-standing advocacy of an open-source approach. Zuckerberg is dedicating a large amount of time to a core team called TBD Lab, which, during the training of Avocado, even integrated third-party models including Google Gemma, OpenAIgpt-oss, and Alibaba Qwen. Meanwhile, M
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07:39

XAI (Xai) rose 13.48% in 24 hours, with a market capitalization of approximately $35.4 million

According to Gate News Bot news, on December 10, according to CoinMarketCap, as of press time, XAI (Xai) is currently trading at $0.02, up 13.48% in 24 hours, with a 24-hour trading volume of $24.2 million. The current market capitalization is approximately $35.4 million, an increase of $4.2 million from yesterday. Xai is a Layer 3 gaming blockchain network built on Arbitrum, dedicated to bringing the scale capabilities of Steam and Epic Games to Web3 games. The platform provides core technical tools such as Network, Connect, and Builder to help developers easily deploy on-chain game assets. The Xai ecosystem has now gathered a number of innovative games such as Planet X, Riftstorm, and My Angry Yakuza Girlfriend, and has set up a $100 million game incentive fund to support developers. Additionally, the platform launched the Vanguard League competitive league, offering exclusive rewards to players who earn elite achievements in deploying games on the Xai chain.
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07:00

Michael Saylor proposed a new "Bitcoin bank" concept: aiming at $20 trillion to $50 trillion in sleeping capital around the world

Michael Saylor recently proposed a financial reform plan for the Middle East at the Bitcoin MENA conference, with the core concept of creating a "zero-volatility, high-yield digital bank account" supported by Bitcoin to attract huge low-yield capital around the world. He pointed out that institutional funds in Japan, Europe, Switzerland and other regions have been trapped in a low-interest rate environment for a long time and lack significant returns, which is an opportunity for Bitcoin to become a new type of financial infrastructure. Rather than attracting funds from the crypto community, Saylor proposed a design goal to restructure the global sovereign bond and corporate bond markets of $20 trillion to $50 trillion. He emphasized that current investors are forced to choose high-risk credit products simply because traditional bank accounts cannot provide sufficient yields. The solution he proposed is for regulated banks to launch digital accounts with 8% yields, backed by Bitcoin, making them global capital hubs in the new era.
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05:49

Andrew Tate questioned why MicroStrategy's increase in Bitcoin has no price impact, sparking a big discussion about market structure and OTC liquidity

Andrew Tate recently posted on social platforms, questioning MicroStrategy's purchase of about 10,000 Bitcoins but failing to drive the price up, a statement that quickly sparked heated discussions in the Bitcoin community. Despite the staggering size of this nearly $1 billion purchase, the Bitcoin price remained in the $88,000 to $92,000 range before and after the announcement, with little market reaction. The discussion focused on a key question: Why didn't such a huge buying order drive spot prices? Industry insiders pointed out that the core reason is that micro strategies usually do not execute buy orders through the open market, but rely on over-the-counter (OTC) to complete large orders. OTC platforms privately match buyers and sellers to complete huge transactions off-chain, avoiding impact on the order book and leaving no traces on the price chart.
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BTC-0.47%
02:25

PIPPIN (pippin) up 65.68% in 24 hours

According to Gate News Bot, as of December 10, based on CoinMarketCap data, PIPPIN (pippin) is currently trading at $0.30, up 65.68% in 24 hours, reaching a high of $0.34 and a low of $0.14. The 24-hour trading volume has reached $132 million. The current market capitalization is about $303 million, an increase of $120 million compared to yesterday. Pippin is a project called "Wobbly Worlds" that aims to create a space full of gentle whimsy, shaping a unique community experience through kind words and unseen connections. The core of the project includes a token mechanism, a unicorn character named Pippin with its magical setting, and a technical framework built on BabyAGI. # Recent important PIPPIN news: 1
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PIPPIN7.55%
SOL-1.38%
02:14

NIL (Nillion) up 18.53% in 24 hours

According to Gate News Bot on December 10, citing CoinMarketCap data, as of press time, NIL (Nillion) is trading at $0.08, up 18.53% in the past 24 hours, reaching a high of $0.09 and a low of $0.07, with a 24-hour trading volume of $32.5 million. The current market capitalization is approximately $22.5 million, an increase of about $3.52 million compared to yesterday. Nillion is a decentralized privacy computing network dedicated to providing secure and confidential solutions for handling sensitive data. The network processes data through a distributed trust mechanism, similar to the decentralized approach of blockchain for transactions. Nillion’s core application areas include: in the AI field, supporting secure and confidential execution of model training and inference; in DePIN
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01:47

AXL (Axelar) up 18.29% in 24 hours

According to a Gate News Bot message on December 10, citing CoinMarketCap data, as of press time, AXL (Axelar) is currently trading at $0.13, up 18.29% in the past 24 hours, with a high of $0.14 and a low of $0.11. The 24-hour trading volume has reached $37.8 million. The current market capitalization is approximately $142 million, an increase of $21.9 million compared to yesterday. Axelar is a cross-chain network platform that connects institutions with the entire on-chain ecosystem, providing a channel for institutions through a single integrated interface. The platform supports token issuance, trading, and yield generation across more than 80 blockchains. Axelar's core products include Interchain Token Service (ITS), Fullport institutional trading access, and more, enabling users to achieve "deploy once, scale everywhere" multi-chain distribution, with built-in compliance and liquidity routing features.
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01:39

Horizen Privacy Mainnet Launches on Caldera, Introducing Core Privacy Protection Features

Caldera announced that its Metalayer network has launched the Horizen privacy mainnet, introducing privacy protection to the Caldera ecosystem for the first time. This mainnet combines zero-knowledge proofs and EVM compatibility, supporting privacy infrastructure for cross-chain applications and allowing other Caldera rollups to integrate Horizen, ushering in a new "privacy-as-a-service" model.
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14:32

POPOLOGY® launches a decentralized pop culture ledger and native token mechanism

PANews, December 9—According to Blockster, POPOLOGY®, co-founded by Joe Rey and Oliver Fuselier, is dedicated to redefining the meaning and value distribution mechanism of pop culture through blockchain technology. Its “POPcast® Network” enables users to curate content across platforms, with actions recorded on-chain to create a transparent on-chain profile of genuine interests. The core token, POPOLOGYcoin, acts as a three-way exchange medium, supporting creator income, audience incentives, and brand collaboration, while the “POPmercial®” mechanism gives creators control over advertising, ensuring a transparent and fair content economy. POPOLOGY® is currently building a cultural value network that involves creators, audiences, and brands, aiming to establish a new on-chain media paradigm where “influence is equity,” thereby promoting a return to authenticity and co-creation in pop culture.
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12:00

FLock.io, Deluthium, and Aerodrome have formed a partnership to jointly build CARiFIN, which will be accelerated for implementation by the United Nations Development Programme.

PANews, December 9—Decentralized AI model platform FLock.io announced that it is partnering with AI-native liquidity infrastructure project Deluthium and Aerodrome, the central liquidity hub on the Base blockchain, to jointly build the next-generation on-chain inclusive finance platform CARiFIN. This platform will accelerate deployment with the United Nations Development Programme (UNDP) and governments in the Latin America and Caribbean (LAC) region. The collaboration aims to address core bottlenecks such as lack of trust, insufficient liquidity, and compliance challenges in the current microinsurance market, providing timely and efficient insurance support to underserved populations in the region—especially women. To build this highly trusted backend system, all partners will leverage their core strengths and work together. The model trained by FLock.io will serve as the computational brain of this microinsurance platform.
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FLOCK-4.13%
AERO-3.66%
09:31

ENJ (Enjin Coin) up 7.44% in 24 hours

According to Gate News Bot on December 9, citing CoinMarketCap data, as of press time, ENJ (Enjin Coin) is trading at $0.04, up 7.44% in 24 hours, reaching a high of $0.04 and a low of $0.03. The current market capitalization is approximately $67.77 million, an increase of $4.68 million from yesterday, ranking 357th globally. Enjin is a unified platform for blockchain, wallet, NFT marketplace, and API solutions. Its core products include: Enjin Blockchain (a blockchain optimized for NFTs and gaming applications, supporting over 5,000 transactions per second, 6-second transaction times, and an average transaction fee of $0.0008), Enjin Platform & API (providing scalable Web3 development tools for mass-market applications), and Enjin Wallet.
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08:39

Zcash News Today: Development Team Proposes Dynamic Fee Model, ZEC Surges 13% Against the Trend

Zcash (ZEC) has defied the overall market downturn, surging nearly 14% in the past 24 hours. The core driver behind this rise is a new dynamic fee model proposal from the development team, aimed at improving network efficiency, alleviating congestion, and protecting user privacy and cost experience. The proposal, put forward by Shielded Labs, suggests abandoning the long-standing fixed fee mechanism in favor of a dynamic structure based on the median transaction. The current fixed fee is 1,000 zatoshi, but during periods of high demand, this has led to abnormal fees, network congestion, and overloaded shielded wallets. The new model would calculate fees based on typical transaction activity over the past 50 blocks and use “synthetic comparable objects” to simulate a stable load, making fees more predictable and more effective at resisting spam attacks.
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ZEC-8.32%
07:02

Analysts Question Early Bitcoin Plunge Pattern: Is Jane Street Manipulating the Market?

Bitcoin fell another 0.70% in the past 24 hours, continuing its recent volatility, and this trend is raising more and more concerns about “institutional manipulation.” Several analysts have pointed out that Bitcoin’s frequent sharp drops around the opening of the US market occur with too much regularity, suggesting the involvement of concentrated high-frequency trading institutions. Currently, the core question in the market is whether Bitcoin’s weakness is caused by internal manipulation rather than natural market dynamics. Although the fourth quarter is usually a strong period for Bitcoin, since the market crash on October 10, Bitcoin has not only failed to recover but has continued to underperform US stocks. US stocks are up 8% with several stocks hitting new highs, while Bitcoin remains 29% below its pre-crash level.
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BTC-0.47%
06:50

FHE (Mind Network) is up 47.23% in the past 24 hours, with a market cap of approximately $18 million.

According to Gate News Bot on December 9, citing CoinMarketCap data, as of press time, FHE (Mind Network) is currently priced at $0.05, up 47.23% in the past 24 hours, reaching a high of $0.05 and a low of $0.01. The 24-hour trading volume reached $47.4 million. The current market capitalization is about $18 million, an increase of $5.78 million compared to yesterday. Mind Network is a pioneer in FHE (Fully Homomorphic Encryption) infrastructure, dedicated to providing foundational services for fully encrypted networks. Its core technology, FHE, is known as the "Holy Grail" of cryptography and is built on lattice cryptography. In 2024, it was recognized by the U.S. National Institute of Standards and Technology (NIST) as the post-quantum encryption standard.
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05:40

WIN (WINkLink) up 19.00% in 24 hours

According to Gate News Bot on December 9, based on CoinMarketCap data, as of press time, WIN (WINkLink) is currently priced at $0.0000474155, up 19.00% in the past 24 hours, with a high of $0.000058206 and a low of $0.0000283209. The current market cap is approximately $47.11 million, an increase of $7.52 million compared to yesterday. WINkLink is the first comprehensive oracle service platform in the TRON ecosystem. It connects blockchain with real-world data through smart contracts, ensuring data reliability. The platform mainly provides core functions such as price services, VRF random number generation, AnyAPI custom data interfaces, and automated execution. WINkLink provides DeFi platforms with stable and reliable price data sources, supporting developers to access the ecosystem.
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WIN-2.03%
05:12

WLD (Worldcoin) up 4.48% in 24 hours

According to Gate News Bot on December 9, citing CoinMarketCap data, as of press time, WLD (Worldcoin) is trading at $0.60, up 4.48% in 24 hours, with a high of $0.66 and a low of $0.56. The 24-hour trading volume reached $114 million. The current market cap is approximately $1.444 billion, an increase of $62 million from yesterday. Worldcoin is committed to providing real identity verification, inclusive finance, and connectivity for everyone globally. Its core products include World ID—an anonymous human verification system designed for the AI era, which can be used in scenarios where distinguishing humans from bots is necessary, such as financial services, concert ticket sales, dating apps, and video games. World App provides easy access to the Worldcoin ecosystem.
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03:19

UXLINK Releases Full Review of Security Incident Process: Over $11 Million in Assets Stolen Due to External Attack

Odaily Planet Daily reports that UXLINK CEO RollandSaf has released a security incident review report, providing a comprehensive explanation of the asset theft incident that occurred on September 22 and emphasizing that the incident was not caused by internal project team members. According to the report, the attacker posed as a business partner and used deepfake video conferences, among other methods, to compromise the personal devices of several SAFE key holders over the course of several months, stealing sensitive information such as passwords and private keys. Ultimately, the attacker gained control of the old arb-UXLINK smart contract. The hacker then illegally minted new tokens, transferred, and sold assets, with total losses exceeding $11 million. The incident occurred during Korea Blockchain Week, with several core members on-site. The team promptly reported the incident to exchanges, partner security agencies, and law enforcement agencies in multiple countries, confirming that the attack originated externally rather than internally. RollandS
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01:30

Crypto lawyer: Tokenization will be the core form of next-generation finance, and a plan covering comprehensive tokenization legislation will be released.

John E Deaton, a lawyer who supports cryptocurrency, stated on the X platform that tokenization will be at the core of next-generation finance, and multiple legislative initiatives will be launched to address issues such as the economy, healthcare, housing, and the wealth gap. He emphasized the need to provide practical solutions and to incorporate tokenization into them. Deaton plans to challenge Senator Ed Markey in the midterm elections next year.
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01:21

POWER (Power Protocol) up 43.22% in 24 hours

Gate News Bot message: On December 9, according to CoinMarketCap data, as of press time, POWER (Power Protocol) is currently trading at $0.30, up 43.22% in 24 hours, reaching a high of $0.32 and a low of $0.07. The 24-hour trading volume reached $90.7 million. The current market cap is about $62.9 million, an increase of $19 million from yesterday. # Recent key news about POWER: 1️⃣ **Rising attention in AI infrastructure sector** As an energy-related protocol, Power Protocol is at the core track of AI infrastructure development. With the expansion of AI service infrastructure such as cloud computing and data centers, energy supply and management have become key bottlenecks, driving the market’s focus on energy efficiency and distributed energy management sol
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BTC-0.47%
10:53

Report: Bitcoin Could Rise to $170,000 by 2026, Driven by U.S. Policy Reforms and Institutional Demand

The latest annual report from South Korea's Korbit Research Center predicts that Bitcoin will reach the $140,000 to $170,000 range in 2026. It highlights that the core drivers behind the price increase are US fiscal reforms, structural institutional demand, and a strong US dollar environment, rather than the traditional four-year halving cycle. The research team proposes a new macro-driven theory, emphasizing that improvements in US productivity and an expansion in capital expenditure have significantly enhanced Bitcoin’s impact. The report identifies “a strengthening US dollar, a potential gold pullback, and increased institutional allocation to Bitcoin” as the three key driving factors. ETFs and Digital Asset Treasuries (DATs) are rapidly absorbing market liquidity, and as of November 2025, the two combined will hold 11.7% of Bitcoin’s supply. The “One Big Bill” (OB3), expected to take effect in July 2025, will restore 100% bonus depreciation and immediate deduction of R&D expenses, potentially lowering the effective corporate tax rate to 10%-12%. Korbit believes this will attract overseas capital to the US and sustain the US dollar’s long-term strength.
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09:58

DOGE (Dogecoin) up 3.71% in 24 hours

According to Gate News Bot, on December 8, citing CoinMarketCap data, as of press time, DOGE (Dogecoin) is trading at $0.14, up 3.71% in 24 hours, with a high of $0.15 and a low of $0.13. The 24-hour trading volume reached $1.255 billion. The current market capitalization is approximately $23.25 billion, an increase of $832 million from yesterday, ranking 9th. Dogecoin is an open-source peer-to-peer digital currency, known for its friendly community and simple philosophy. As a popular cryptocurrency, Dogecoin is built on blockchain technology and uses a highly secure decentralized system to store information. The core philosophy of Dogecoin is "Do Only Good Everyday," and the community is dedicated to mutual supp
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09:49

EMJ Capital CEO makes a bold prediction: Bitcoin price could reach $50 million by 2041

Eric Jackson, CEO of EMJ Capital, has put forward a compelling long-term Bitcoin price prediction, stating that Bitcoin will surpass $50 million by 2041—a forecast that has attracted widespread attention in the cryptocurrency space. Jackson’s prediction is based on the core idea that Bitcoin will evolve from “digital gold” to a crucial, neutral collateral asset within the global financial system. He points out that Bitcoin’s future potential lies in its digital and programmable nature, allowing it to serve a gold-like function in global financial architecture. Drawing an analogy with stock investing, Jackson mentions that despite bearish market sentiment, solid business models remain attractive.
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09:14

Hedge Funds: Abu Dhabi Has Embarked on the Path to Becoming a Financial Center, the Flywheel Effect Is Taking Shape

PANews, December 8—Alan Howard's hedge fund Brevan Howard currently has 150 employees in Abu Dhabi and is committed to staying there for the long term. It is currently the largest institution operating in Abu Dhabi. He stated that the Gulf city is rapidly rising and is expected to stand alongside Western financial centers such as London and New York, becoming a global financial hub. "A few years ago, I thought it would become the 'third pole' alongside New York and London. Now, I think it is fully heading in that direction." He explained that as more asset management companies and banks move in, trading volumes across various asset classes continue to rise, which creates a flywheel effect: for every fund manager working here, three to four professionals from service providers are also brought in. Nevertheless, much of the infrastructure and core talent supporting the hedge fund industry still remains concentrated in traditional centers. However, Howard
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08:03

MOVR (Moonriver) is up 10.75% in 24 hours, with a market cap of approximately $33.6 million.

Gate News Bot message, December 8th, according to CoinMarketCap data, as of press time, MOVR (Moonriver) is currently priced at $3.23, up 10.75% in the past 24 hours, reaching a high of $3.23 and a low of $2.81. The current market cap is approximately $33.6 million, up about $3.26 million from yesterday. Moonriver is a companion network to the Moonbeam ecosystem, serving as a sandbox environment to test new code under real economic conditions. New code is first validated here before being deployed to Moonbeam. MOVR is the native utility token of the Moonriver network. As an Ethereum-compatible, developer-oriented blockchain built on Kusama, it has the following core functions: **MOVR Token Functions**: As Moonriver
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08:00

Farcaster shifts to a "wallet-first" strategy, focusing on trading features to restart its growth curve

Farcaster is undergoing a major transformation of its core strategy, abandoning its long-held “social-first” approach in favor of in-app wallet and trading features as its primary growth engines. Co-founder Dan Romero stated in a recent announcement that for the past four and a half years, the team had been trying to drive growth through social interaction and a third-party client ecosystem, but had never managed to find a sustainable expansion model similar to Twitter (now known as X), resulting in a clear disconnect between the product and the market. Romero noted that the wallet feature launched earlier this year has become Farcaster’s strongest source of user growth to date, as well as the product with the fastest increase in user engagement. He emphasized that the wallet’s trading tools demonstrate the clearest and most stable product-market fit the platform has seen in five years, and therefore will become the core focus for future development. “We are now focused on building a truly outstanding wallet. Every new wallet user is a new protocol user.”
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04:27

Ourbit SuperCEX is airdropping limited Genesis NFTs to users, with subscription opening on December 18.

PANews, December 8—According to official sources, Ourbit SuperCEX is airdropping a limited Genesis NFT to platform users and will officially open subscriptions for sale on December 18. The Genesis NFT is positioned as the core rights credential of the Ourbit ecosystem. Holders will have the opportunity to receive future airdrops of the Ourbit platform token, as well as additional exclusive platform benefits and rights. The official Genesis NFT timeline (UTC+8) is as follows: December 3, 12:00: Genesis Wheel airdrop launch December 18, 00:00: BITCH subscription for Genesis NFT opens December 21, 00:00: Subscription lottery December 22, 00:00: All Genesis NFTs distributed It is reported that this Genesis NFT...
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15:46

Yilihua: After Ethereum's Fusaka upgrade, the blob base fee surged by 15 million times

Odaily Planet Daily news: Liquid Capital posted on X stating, “After the Ethereum Fusaka upgrade, the blob base fee skyrocketed by 15 million times. The core reason is that EIP-7918 introduced a ‘minimum fee mechanism’ for blobs—previously, there was no minimum limit on blob fees, so they were stuck at 1 wei (almost free) for a long time, resulting in nodes shouldering the costs of KZG verification and more without reasonable returns. After the upgrade, blob fees must be ≥ 1/15.258 of the L1 execution base fee, directly anchoring fees to the real network cost. This design allows prices to reflect actual resource consumption (preventing L2s from using network resources for free), and also uses price fluctuations to regulate blob traffic and prevent congestion, while PeerDAS technology increases blob storage capacity; this
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12:29

AI-driven next-generation DeFi wallet Talisman launches native token SEEK, with a total supply of 100 million, 50% allocated for community incentives

BlockBeats news, on December 5, multi-chain DeFi wallet Talisman officially launched its native token SEEK, marking a new phase for AI-driven DeFi. The total supply of the SEEK token is 100 million, with a TGE project valuation of $60 million. Talisman’s token distribution emphasizes long-term ecosystem development, with the specific allocation as follows: · Community and Ecosystem (50%): staking rewards, LP incentives, ecosystem grants, community programs, and liquidity · Team (15%): core team and early contributors · Investors (20%): strategic investors and IDO participants · Foundation (15%): for ecosystem development and long-term strategic reserves Talisman is a multi-chain wallet and
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09:37

U.S. PCE inflation data to be released soon, Bitcoin expected to challenge the $100,000 mark

Today, the US Personal Consumption Expenditures (PCE) inflation data will be officially released. The market expects the PCE and core PCE data for September to remain roughly unchanged from the previous month. The overall PCE inflation rate is expected to rise slightly to 2.8%. This data will directly influence the Federal Reserve’s decision on rate cuts and future economic forecasts, especially in the context of expiring cryptocurrency options, with Bitcoin and other cryptocurrency markets expected to experience volatility. Wall Street expects September PCE inflation to remain “sticky,” with core PCE growing 2.9% year-over-year. Market analysts believe that if this month’s data comes in below expectations, the likelihood of a Fed rate cut will increase. The Fed’s stance is especially critical; CME’s FedWatch tool shows that the market sees an 87% probability of a 25-basis-point rate cut in December, bringing the target rate down to the 3.50%-3.75% range.
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08:08

Woori Bank Takes the Lead in Displaying Bitcoin Prices in Trading Room, South Korean Banks Accelerate Embrace of Digital Assets

Woori Bank recently added a Bitcoin (BTC) price display to its main trading floor in Seoul, presenting this crypto asset alongside core financial indicators such as the KRW-USD exchange rate, government bond yields, and stock market indices. This makes it the first commercial bank in South Korea to integrate cryptocurrency market data into a frontline trading environment. Bank officials stated that Bitcoin now serves as an important “market sentiment indicator.” As digital assets gain greater influence in global financial markets, including them in traders’ daily monitoring helps provide a more comprehensive assessment of risk appetite and cross-market linkages. This move also reflects the accelerated advancement of digital asset infrastructure within South Korea’s banking system.
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BTC-0.47%
07:55

Kalshi data featured on CNBC and CNN, media partnerships fully upgraded, further widening the gap with Polymarket

Kalshi is continuously expanding its leading position in the prediction market through strong media partnerships. Although competitor Polymarket has confirmed its imminent return to the US market, Kalshi’s recent moves have further solidified its industry advantage. Yesterday, CNBC announced that starting in 2026, it will fully integrate Kalshi’s real-time prediction data across its television and online platforms. Core programs such as "Squawk Box" and "Fast Money" will feature Kalshi’s event probability analyses, which will also be displayed in the news ticker. In addition, Kalshi will have a dedicated market data page on the CNBC website. CNBC President KC Sullivan stated that prediction markets are changing the way investors and business leaders make decisions, and Kalshi’s data will greatly enhance the depth and explanatory power of financial reporting.
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07:46

JPMorgan: Stablecoins Unlikely to Significantly Boost U.S. Treasury Demand; $2–4 Trillion Target May Be Too Aggressive

JPMorgan's latest analysis points out that although the US stablecoin market is expanding rapidly under the impetus of the GENIUS Act, its grand goal of "boosting demand for US short-term Treasuries" may fall far short of policymakers' expectations. Since the act was passed in July, the total supply of stablecoins has increased by over $50 billion, surpassing $300 billion in scale, but it is still far from the White House's previous target of $2-4 trillion by 2028–2030. JPMorgan's Head of US Short-Term Rate Strategy, Teresa Ho, stated that while stablecoins have strong growth momentum, it is "unrealistic" to expect them to grow to several trillion dollars within a few years. The bank expects that in the next few years, the stablecoin market size may reach about $700 billion, mainly limited by current laws prohibiting the issuance of interest-bearing stablecoins—a restriction that weakens the core driver of demand growth.
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USDC-0.01%
07:29

The market remains stable ahead of the inflation data release, with Bitcoin and US stock index futures continuing to fluctuate within a narrow range.

On Thursday evening, global risk assets remained generally stable as traders awaited the release of a key inflation indicator—the core Personal Consumption Expenditures (PCE) index—on Friday. This data will directly affect the Federal Reserve's interest rate decision on December 10, and the market currently expects an 87% probability of a 25-basis-point rate cut. In US stock futures, Dow Jones and S&P 500 index futures were nearly flat, while Nasdaq futures rose 0.1%. The core PCE for September is expected to increase by 2.9% year-over-year, marking the 55th consecutive month above the Fed’s 2% target, which further increases uncertainty around the policy path.
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BTC-0.47%
ETH0.18%
SOL-1.38%
XRP-2.88%
05:34

EU launches antitrust investigation into Meta: WhatsApp AI policy accused of squeezing out competitors

The European Commission has officially launched an antitrust investigation into Meta, citing its updated WhatsApp policy, which is alleged to allow only its own AI chatbots to operate while restricting other artificial intelligence service providers from accessing the platform. The investigation centers on whether Meta is leveraging its dominant market position to hinder competition, which could have far-reaching effects on the European AI industry and the ecosystem of communication platforms. The probe focuses on the business terms updated by WhatsApp in late October. The new policy explicitly prohibits third-party companies whose core product is artificial intelligence from distributing AI chatbots via the WhatsApp Business API. According to the terms, only if AI is an “incidental or auxiliary function” are relevant businesses allowed to use the API, while companies offering AI as their main service have been completely banned from access since October 15. For AI service providers already on the platform, the ban will take effect starting January 15, 2026.
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02:43

Bitunix Analyst: Market Tightens Before PCE Release, BTC 90K Zone Becomes the Battleground for Bulls and Bears

BlockBeats News, December 5 — The US will release September PCE inflation data tonight. As the Fed’s most closely watched price indicator, this result will directly impact the December interest rate decision. Currently, the probability of a 25 basis point rate cut remains at 87%. The market expects the core PCE annual growth rate to be around 2.8%, slightly above the target but continuing a cooling trend. If the data comes in below expectations, it will strengthen the market narrative of a “soft landing” and the formation of an easing cycle. On the macro level, yesterday’s weaker ADP employment data has made the market even more sensitive to this inflation result. Meeting or coming in below expectations will put pressure on the dollar and support risk assets; if above expectations, sticky inflation may push up US Treasury yields, weaken rate-cut expectations, and trigger short-term avoidance of high-volatility assets. Overall sentiment remains cautious, with liquidity waiting for the event before repositioning. The crypto market continues its choppy trend, BTC
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01:22

XNY (Codatta) 24-hour increase of 31.32%

Gate News Bot message, December 5, according to CoinMarketCap data, as of press time, XNY (Codatta) is trading at $0.01, up 31.32% in the past 24 hours, with a high of $0.02 and a low of $0.00. The current market cap is about $138,000, an increase of $329,000 compared to yesterday. Codatta (XNY) is a knowledge layer in the field of artificial intelligence, aiming to transform knowledge into royalty-generating assets. The project consists of four core parts: an expert network, quality assurance workflows, decentralized data infrastructure, and data assetization. Codatta is committed to providing professional expertise for AI, aligning interests between human contributors and AI systems, and ensuring long-term value sharing through a royalty-based payment model. Recent important news about XNY: 1️⃣
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XNY-6.87%
10:46

The EU plans to expand the regulatory and enforcement powers of the European Securities and Markets Authority, involving crypto companies and pan-European market operators.

PANews, December 4—According to Bloomberg, the EU executive body has announced plans to transfer more regulatory and enforcement powers to its market regulator, sparking debate over national regulators ceding authority to Brussels. The proposal released Thursday shows that the Paris-based European Securities and Markets Authority will have new powers over significant clearinghouses, central securities depositories, and trading venues. Less than a year after the EU introduced a national regulatory regime for cryptocurrency companies, these companies and pan-European market operators will now fall under the authority of this agency. The centralization of most EU market regulatory powers requires approval from the European Parliament and the Council of Member States, with some member states strongly opposed. The core of the proposal is to strengthen the European Securities and Markets Authority's powers and resources, establishing a board of directors composed of five independent members with terms of up to five years. Preparation costs will be covered by the EU budget, while trading venues, central securities depositories, and crypto asset service providers will bear the rest.
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09:22

Pi Network Rallies Community as Web3 Adoption Accelerates Ahead of 2025 Token Unlock

Pi Network is ramping up its communication efforts as anticipation grows around the upcoming December 2025 unlock of 190 million PI tokens. In a new announcement, the core team positions Pi as a global Web3 opportunity rather than a purely technical blockchain project, using bold and futuristic messaging to highlight its mobile-first vision. The team believes Pi’s simplified onboarding model can help millions enter the digital economy faster than traditional blockchain platforms. A major
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08:31

Ethereum treasury giant BitMine purchases another $150 million in ETH; Tom Lee: ETH could challenge $9,000

Ethereum treasury giant BitMine has once again made a significant increase in its ETH holdings, attracting market attention. According to on-chain analytics platform Arkham, BitMine purchased 18,345 ETH via BitGo on Wednesday and acquired another 30,278 ETH through a certain CEX, totaling approximately $150 million in value. Although the transactions have not yet been officially confirmed, on-chain evidence shows that the fund movements have essentially been settled. Since the beginning of this year, BitMine has maintained a steady buying trend, even during the market downturn in November without any significant reduction. In just the last week of November alone, the company added 96,798 ETH, bringing its holdings to over 3% of Ethereum's circulating supply. The company has repeatedly stated its goal of holding 5% of ETH and has consistently emphasized Ethereum's core role in the future of financial infrastructure.
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08:14

Since Trump's victory, it has soared by 330%. What exactly is supporting the price of XRP?

Since Trump's election, the price of XRP has soared from $0.50 to $2.15, a rise of about 330%, marking its strongest performance since 2017. As the regulatory environment gradually shifts from SEC pressure to being more favorable, Ripple has once again become a market focus. But beyond the hype, what investors really care about is: does XRP actually have practical use? Currently, Ripple's cross-border payment network is its most core application scenario. The company has established over 300 financial partners in 45 countries, with related annual payment volumes reaching $15 billion. XRP already has large-scale applications in high-frequency remittance markets such as Japan, East Asia, the Philippines, and Latin America. Compared to traditional cross-border payments, XRP's advantages lie in low cost, borderlessness, and high speed, which can reduce reliance on traditional financial infrastructure.
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08:08

Ethereum returns to $3,200, with the Fusaka upgrade and whale accumulation driving the rally

Ethereum price has risen 5% within 24 hours, reclaiming the $3,200 mark, with market sentiment significantly improving. This surge is mainly driven by two factors: the official launch of the Fusaka upgrade and continued accumulation by whales and "shark wallets." Fusaka, Ethereum's second major upgrade this year, has been officially launched. The core change is the introduction of PeerDAS technology, which allows validators to process smaller data segments, increases network throughput efficiency, and significantly reduces transaction costs. This upgrade marks a key step forward for Ethereum's scalability and long-term performance goals, and has received positive feedback from both developers and the user community.
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07:18

Ledger reveals that the core chip of Solana Seeker has a permanent security vulnerability, which could lead to private key theft

The latest security report from Ledger reveals that the MediaTek Dimensity 7300 smartphone chip, used in Solana Seeker and several other devices, contains a severe hardware flaw. This vulnerability could allow attackers to gain full control of the device and extract users’ crypto private keys after obtaining physical access. Since the issue originates from the chip itself, the vulnerability cannot be fixed through software patches, posing a widespread and long-term security risk. Ledger researchers stated that, in their tests, they successfully attacked the chip’s boot phase using an "electromagnetic fault injection" method, bypassing protection mechanisms and obtaining full system access. Once compromised, all sensitive data on the device is left completely unprotected. This vulnerability is especially significant for the Solana Seeker phone, which touts crypto applications as a core selling point.
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