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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.
- 15:05U.S. officials to hold key consultations on the "Crypto Market Structure Bill"ChainCatcher News, according to crypto journalist Eleanor Terrett, U.S. senators will continue consultations on the "Cryptocurrency Market Structure Bill". In the afternoon, representatives from several leading industry companies will head to the White House to attend another meeting on market structure. Afterwards, the CEOs of Bank of America, Citi, and Wells Fargo will meet with senators to discuss the issue of restricting stablecoin issuers' affiliated companies from paying interest, as well as other outstanding issues.
- 15:00Analyst: Dovish Fed Stance Favors Risk AssetsJinse Finance reported that after Federal Reserve Chairman Powell expressed concerns about the labor market yesterday, Wall Street is increasingly betting that the Federal Reserve will cut interest rates twice or more in 2026. Scott Helfstein of Global X stated: "A dovish Federal Reserve should generally be favorable for risk assets, especially growth and cyclical stocks." He also pointed out, "As borrowing rates decline, industries related to the corporate investment cycle may also be in a favorable position." He added that the appeal of short-term bonds and gold may decrease slightly. "If short-term interest rates fall, long-duration bonds may attract more attention."
- 15:00Tom Lee predicts the S&P 500 will reach 7,700 points by 2026On December 11, it was reported that Tom Lee expects the S&P 500 index to reach 7,700 points by 2026, which would extend the bull market into its fourth year, representing an 11.8% increase. He believes that the "wall of worry" effect, strong technology growth driven by artificial intelligence, and the Federal Reserve's potential dovish policies are positive factors driving the market upward. In 2025, the S&P 500 index rose by 17%, with the communication services and technology sectors increasing by 33% and 27%, respectively. Lee is optimistic about the performance of the technology, artificial intelligence, cryptocurrency, materials, energy, and financial sectors in 2026.