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Behind the limited rewards lies an infinite game. The essence of trading competitions is a collective prisoner's dilemma—whether to achieve a Nash equilibrium or fall short, this uncertain game further excites traders’ nerves.
After the sharp drop early this morning, funding rates on major CEX and DEX platforms indicate that the market has clearly turned bearish.
When a wallet address is no longer just an asset credential, but an identity; when a profile picture is no longer just a JPEG, but a community signal; when a joke can spark collective creation and meme propagation, the spirit of decentralization has already taken root culturally. It does not need to be explained, but rather used, imitated, and recreated.
This year, as the popularity of the DePIN sector continues to rise, IoTeX has achieved several key milestones in the third quarter of 2024, attaining impressive results that have further solidified its position as a leader in the DePIN ecosystem.
Accurately shorting for a profit of 80 millions, on-chain data reveals suspicious funds linked to Garrett Jin.
Survival is everything.
- 18:04Prediction markets bet that bitcoin will not reach $100,000 by the end of the yearAccording to Jinse Finance, most traders on Polymarket and Kalshi expect the price of bitcoin to remain below $100,000 over the next 21 days. As of December 11, bettors on Kalshi believe there is about a 34% chance that bitcoin will break $100,000 before December 31. Polymarket estimates the probability of bitcoin reaching $100,000 by the end of 2025 at 29%.
- 17:52US Commerce Secretary predicts 6% economic growth rate during Trump's administration, criticizes Powell for maintaining high interest ratesJinse Finance reported that U.S. Secretary of Commerce Howard Lutnick once again criticized Federal Reserve Chairman Jerome Powell in an interview with CNBC, accusing him of keeping interest rates too high. Lutnick stated, "Interest rates should be lower. Jay Powell acted too late, and maybe he's too afraid—too afraid to lead this $30 trillion global economy. We should be proactive, not timid, as if something bad is going to happen. We're doing well, greatness is happening. Our GDP has grown by 4%." At the same time, he also predicted that the economic growth rate during Trump's administration would reach 6%. "Lower interest rates and reduce energy consumption, and we can achieve economic growth and save America."
- 16:56Data: 90,300 SOL transferred from an anonymous address, routed through intermediaries and flowed into WintermuteAccording to ChainCatcher, Arkham data shows that at 00:36, 90,300 SOL (worth approximately $11.78 million) were transferred from an anonymous address (starting with HD1cEB...) to an exchange. Subsequently, the address transferred 18,400 SOL to Wintermute.