XRP has performed exceptionally well this year, steadily rising from $3 to $3.65, mainly benefiting from its settlement with the SEC. Analysts predict that Bitcoin may enter a five-year cycle, and if Bitcoin rises to $200,000, XRP could reach $5. Supporting factors include the launch of new ETFs, a friendly regulatory environment, and the resolution of legal issues.

【区块律动】12月7日，ETH跌破2900美元那会儿，有个「麻吉」大户忍不住了，直接割肉清掉了全部ETH多单，这一刀下去亏了73.8万美元。
结果呢？这哥们转头又杀回来，重新开多2100枚ETH，押注金额高达618万美元。他的账户余额之前一度回血到300万美元，现在只剩22.7万了。
这操作，真是让人看得心惊肉跳——亏了再赌，越亏越上头的节奏啊。

Recently, SHIB experienced unusual token movements, with a change of 23.56 trillion tokens within 24 hours. However, analysis indicates that it is most likely a false alarm. The token price remains stable around $0.000008416, and there is no significant change in trading volume. This is likely due to internal wallet consolidation by the platform or data fetching errors, and there are no signs of large holders selling in the market.

According to data from the U.S. Treasury Department, as of November, marketable federal debt has reached $30.2 trillion, with annualized interest expenses of $1.2 trillion. The convergence of high debt and high interest rates is narrowing the Federal Reserve's room to maintain high rates. This is generally favorable for the valuations of U.S. stocks, gold, and digital assets, but market volatility should be noted. Diversified investment and position management are recommended.

The amount of Ethereum held on centralized exchanges has dropped to a historic low, accounting for only 8.7% of the circulating supply. Since July, the amount of ETH on exchanges has plummeted by 43%, with institutions accelerating their accumulation. This indicates that Ethereum is entering a supply shortage, and market sentiment may drive prices higher.

Machi Huang Licheng's ETH long position has once again fallen underwater, with an unrealized loss of $164,000. He continues to increase his position as the price drops and currently holds 7,925 ETH with 25x leverage. This is a contrarian rolling position strategy, which carries high risk. The liquidation price is around $2,990.67.

JustLend DAO's USDD 2.0 Phase 12 supply mining event launched on December 6 and will run until January 3 next year. Users who deposit USDD stablecoins can earn up to 5% annualized tiered returns, with rewards settled weekly, making it suitable for investors seeking stable returns.

a16z recently pointed out that Bitcoin faces serious challenges in upgrading for quantum resistance, mainly due to low governance efficiency and migration issues. Slow upgrade decisions could lead to splits, and assets in a large number of dormant wallets are more vulnerable to quantum risks, involving an estimated several million bitcoins worth hundreds of billions of dollars, which urgently needs attention.

CZ joked and clarified to the community about the phenomenon of creating tokens by extracting words from his tweets, pointing out that this is a spontaneous behavior and does not mean he supports any meme coins. He emphasized that he will continue to speak normally and reminded everyone not to overinterpret his statements.

This quarter, the transaction volume of stablecoins on the Ethereum chain may reach $6 trillion, surpassing Visa and Mastercard, mainly due to strong demand for USD stablecoins in the DeFi ecosystem. Analysts point out that ETH price action aligns with Wyckoff accumulation patterns, which historically have preceded significant rallies. ETH could rise to $20,000 by 2026.