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1Bitget Daily Digest (Dec. 5) | 21Shares Launches 2x Leveraged SUI ETF on Nasdaq; U.S. Treasury Debt Surpasses $30 Trillion; JPMorgan: Strategy’s Resilience May Determine Bitcoin’s Short-Term Trend2Bitcoin looks increasingly like it did in 2022: Can BTC price avoid $68K?3The Chainlink ETF Disappoints Despite $41 Million Inflows — Why?
Witness the Dynamic Shifts in Bitcoin and Altcoin ETFs
In Brief Bitcoin and altcoin ETFs witness dynamic shifts in inflows and outflows. XRP and Solana ETFs attract notable investor attention and activity. Institutions explore diversified crypto ETFs for strategic risk management.
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Flash
- 02:00Three new wallets have withdrawn FF tokens worth $5.33 million from a certain exchange in the past three daysAccording to ChainCatcher, monitored by Lookonchain, in the past three days, three newly created wallets have withdrawn a total of 48.43 million FF (worth $5.33 million) from an exchange and Bitget.
- 01:30Farcaster announces strategic transformation, shifting focus from social scenarios to wallet-driven growthChainCatcher reported that Farcaster co-founder Dan Romero announced a major strategic shift for the platform, abandoning the “social-first” approach to product-market fit pursued over the past four years, and pivoting to a wallet-centric growth model. The team stated that the rapidly growing in-app wallet feature is currently the closest module to achieving product-market fit, and will adopt a “use the tool (wallet) first, then build the network (protocol)” approach to drive user conversion on the wallet side and turn them into active protocol users. Romero emphasized that the Farcaster protocol will remain open and decentralized, but the official app will focus on expanding capabilities at the intersection of wallets and social features in the future. In addition, Farcaster previously acquired the token issuance platform Clanker to strengthen its related product offerings.
- 01:28A whale went long on 1.38 million HYPE tokens at a price of $38.6, with an unrealized loss of $12.01 million.According to Jinse Finance, on-chain analyst Yujin has monitored that a certain whale went long on 1.38 million HYPE tokens at a price of $38.6, with a total value of $41.36 million. The whale is currently facing an unrealized loss of $12.01 million. The liquidation price for this whale's position is $23.7.
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