Authorities accuse Paxful of being used by money launderers and being aware of it

[Kalshi and 5 Organizations Jointly Establish Prediction Market Alliance CPM] Kalshi, (Crypto.com), Robinhood, Coinbase, and Underdog have jointly announced the establishment of the Prediction Market Alliance (CPM). Nearly half of Americans under the age of 45 have used prediction markets, and the market expansion rate continues to accelerate. As of October this year, the prediction market industry valuation has reached $28 billion. The predictive performance of prediction markets is approximately 30% higher than traditional polling. Additionally, over 70% of Americans agree that prediction markets should not be treated as gambling.

[Bitcoin Resistance Range Between $97,000 and $108,000, with Downside Support at $80,000] CoinDesk analyst Omkar Godbole points out that Bitcoin's current price movement is lackluster, but technical indicators show potential bullish signals. The MACD histogram is nearing a bullish crossover, and the U.S. Dollar Index (DXY) has weakened to 98.36, suggesting market sentiment may turn favorable for Bitcoin. If Bitcoin breaks the current downward trendline or ends its long-term downtrend, the target resistance range is between $97,000 and $108,000; if it breaks below the minor ascending channel, it may test the $80,000 support level. Weak ETF inflows may continue to limit the upside potential of the price.

'BTC OG Insider Whale' has transferred 5,152 BTC (approximately $476.68 million) to a new address.

The 'BTC OG Insider Whale' has continuously increased 5x leveraged ETH long positions over the past 30 minutes, with the current position rising to 151,094.5 ETH (approximately $492 million). The average entry price is $3,185.05, with an unrealized profit of $10.5 million.

[Hyperliquid Open Interest Reaches $7.73 Billion, '1011 Insider Whale' Position Accounts for 7.94%] Hyperliquid's current open interest (OI) has reached $7.73 billion, with the address of the '1011 Insider Whale' accounting for 7.94% of the total OI. Since this whale opened positions on December 7, the growth rate of OI on the Hyperliquid platform has accelerated, suggesting that the copy-trading effect may still exist. Over the past seven days, the platform's OI has risen continuously, reaching its peak since November 20. Since the market's phase bottoming on November 21, leverage has continued to increase, and the growth in OI has been consistent with the K-line trend, showing a high level of concentration on Hyperliquid.