The Daily: Polymarket considers token launch, Celestia Foundation raises $100 million, Waters calls for 'grand bargain on stablecoins' and more

【】 Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 The price of the cryptocurrency market continues to be sluggish, with Bitcoin still down about 30% from its peak in 2025, making the market vulnerable to severe reversals during the US trading session. Meanwhile, gold prices have risen 69% this year, partly due to the chaotic macro environment, inflationary pressures, and the collapse of the cryptocurrency market. 1: In terms of regulation, the US SEC has accused the founder of a cryptocurrency mining company of a $9.56 billion fraud case, as well as the release of new stablecoin products and the launch of new services by exchanges. The full year review of 2025 shows that there has been a profound transformation in the regulatory environment for encryption, with governments and financial institutions strengthening their intervention. 2: Institutional dynamics: JPMorgan Chase is exploring providing encrypted trading services for institutional clients, which may boost market confidence. Specific event: The market is paying attention to the $28.5 billion option contract that is about to expire on the Deribit platform, which may cause volatility. The price of Bitcoin briefly rebounded during the Asian and European trading periods, but overall struggled at the $90000 mark. The overall news is neutral and slightly negative: regulatory pressure and macro comparisons suppress sentiment, but institutional interest and option expiration may bring short-term opportunities. 3: BTC trend judgment: Short term volatile upward trend, but high risk. If maintaining above $84000, support long positions; If the option expires and triggers a sell-off, it may test lower support. In the mid-term (until the end of the year), if it breaks through $90000, it can be seen as $94000; Otherwise, it may fall back to the $80000 range. 4: ETH trend judgment: Short term rebound and upward trend, the bottoming process may be completed. If it remains above $2960, I am optimistic about reaching $3180-3220. The medium-term risk lies in the overall weakness of crypto, and if BTC is dragged down, it may backtrack to $2850. Control the total position within 3-5% Tonight we will talk about the trend and layout of the market, teach indicators, deviate from techniques, follow the live broadcast room, take you through bull and bear markets, welcome to interact. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

[USDe Market Cap Drops to Approximately $6.4 Billion Following Trust Crisis and October Crash] According to a report by 10x Research, Ethena's synthetic stablecoin USDe has seen its market cap evaporate by approximately $8.3 billion since the market crash on October 10, dropping from $14.7 billion on October 9 to the current level of around $6.4 billion, nearly halving in value. The October 10 market crash was the largest liquidation event in the history of the crypto market, resulting in over $19 billion in crypto positions being liquidated and a total market cap loss of approximately $1.3 trillion, accounting for nearly 30% of the total market cap at the time. During this period, USDe briefly depegged to around $0.65. Ethena Labs founder Guy Young stated that this temporary depegging was caused by an internal oracle issue at the exchange and not due to problems with the protocol or collateral assets. Currently, the USDe price has recovered to $0.9987, but market activity remains weak, with trading volume down by approximately 50%. Additionally, U.S.-listed Bitcoin spot ETFs have seen net outflows of about $5 billion since the end of October. Analysts point out that this is primarily due to the withdrawal of institutional capital rather than retail sell-offs.

The decline comes as bitcoin sank back to $87,000 in Tuesday trade. What to know : The price of BNB has dropped over 1.5% over the past 24 hours to around $850. The decline comes amid a wider market drawdown, with bitcoin pulling back to the $87,000 level. Traders expect consolidation between $850 and $870, with a potential break above that range leading to a move towards $900.

[Binance to Launch LIT USDT Perpetual Contract Pre-Trading] Binance announces the launch of LIT USDT perpetual contract pre-trading.

[Gnosis Chain to Recover Stolen Funds from Balancer Incident via Hard Fork] Gnosis Chain announced that its operator community has decided to implement a hard fork to recover funds lost during the Balancer vulnerability incident, which are now out of the hacker's control. Previously, Gnosis stated that it had collaborated with the Monerium and Balancer teams to freeze certain affected liquidity pools and temporarily restrict cross-chain asset transfers from Gnosis Chain via standard bridges. The Gnosis team will continue to work with ecosystem partners and remind remaining node operators to take action to avoid penalties.