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The cryptocurrency market experienced a sharp decline on December 1, with bitcoin falling below $87,000 and ethereum losing the $2,900 mark. The total liquidation of contracts across the market reached $528 million. Market sentiment has turned cold, leverage is retreating, and increased uncertainty in Federal Reserve policies has intensified the sell-off. Summary generated by Mars AI. The accuracy and completeness of the content generated by the Mars AI model are still in the process of iterative improvement.
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- 08:39Jupiter COO announces multiple updates: will launch stablecoin JUP USD, team has acquired RainFi and will introduce peer-to-peer lendingChainCatcher News, Jupiter Chief Operating Officer Kash Dhanda announced several Jupiter product updates at the Solana Breakpoint conference: Jupiter Lend officially ends its public beta today and is now fully open source, with the code already available in the repository; Jupiter has launched Jupiter Terminal, providing an on-chain trading experience, along with features such as real-time wallet tracking; Jupiter will launch the Jupiter Rewards Hub, establishing a $1 million rewards pool to incentivize trading and referrals; Jupiter will release a developer platform offering API documentation, real-time analytics, and debugging support; In addition, Jupiter announced the launch of the DeFi-oriented stablecoin JUP USD, which will go live with trading and earning features next week; the Jupiter team has acquired RainFi and plans to jointly launch the peer-to-peer lending product Jupiter Orderbook, which is scheduled to go live in the first quarter of next year. Risk Warning
- 08:39Data: A new wallet withdrew 37,002 SOL from an exchange, worth approximately $4.84 million.According to ChainCatcher, on-chain analytics platform Lookonchain has monitored that a newly created wallet address has just withdrawn 37,002 SOL from a certain exchange, worth approximately $4.84 million.
- 08:26Ant International: AI and blockchain will lead the transformation of the global payments industryJinse Finance reported that Peng Yang, CEO of Ant International, stated at the East Eight District Fintech Festival 2025 that the company is actively participating in global regulatory initiatives, including the Monetary Authority of Singapore's Guardian project and the Hong Kong Monetary Authority's Ensemble project. Peng Yang believes that we are currently facing a post-internet technological revolution, which brings unprecedented opportunities and challenges to emerging markets and small businesses. The company is committed to promoting the popularization of technological innovation, ensuring that AI and blockchain can facilitate seamless cross-border payments and a fairer business environment.