🇺🇸📉 Powells speech post announcement wipes out over $1.50 trillion from the US stock market today. #macro

🐳👀 #ENA During the recent price dip, whales bought over 36.55 million Ethena.

📈 On-chain leverage through lending protocols has surged to new all-time highs, exceeding the previous record set in December 2021.

⚖️👀 #WBTC #TRX A federal judge allows Coinbase to delist wBTC, denying Justin Sun-linked BiT Global's motion for a temporary restraining order. theblock.com

😱 MicroStrategy's Reflexive Flywheel: Genius or Ponzi Scheme?

Critics (or visionaries) argue that MicroStrategy’s business model is a massive scam fueled by a reflexive cycle. The company issues debt or equity to buy #BTC, driving up Bitcoin’s price. This boosts #MSTR’s market cap, increases its weight in indices, and attracts more investors. With a higher valuation, it issues even more shares to buy more BTC.

The cycle only works if BTC keeps rising. If Bitcoin stagnates or crashes (as it inevitably will), the entire system collapses. It’s unstable and resembles a giant pyramid scheme.

This could eclipse FTX, Bernie Madoff, and Enron. When it fails, it will make history.

👀 #DAR Binance Will Support the Mines of Dalarnia (DAR) Token Swap and Rebranding to Dar Open Network (D)

🥳👀 #BTC Bitcoin fell below $100,000 after Fed Chairman Powell's comments against the BTC reserve theblock.com

🇯🇵 #BTC Metaplanet announcedthat their shares began trading on the US OTCQX market under the ticker #MTPLF.

🕵️‍♂️ To the Mt wallet address. 816.3 #BTC (~$82.12 million) were transferred to Gox. #mtgox #FUD

🇸🇻 El Salvador has entered into a loan agreement with the IMF and will make #BTC adoption voluntary, as well as reduce government involvement in BTC-related projects. cointelegraph

🔍💸 #CRV Mikhail Egorov again liquidated. He lost 918.83 thousand CRV (~882.66 thousand $).

📈👀 #TRX C.Q.: Tron has consistently outperformed others in terms of monthly transaction volume, recording 182 million, 167 million, and 135 million transactions.

💰UTXO Stack completed new round of financing worth $50 million.

📈 #BTC #ETH #ETF Yesterday, the total net inflow of spot BTC-ETFs was ~$275.3 million.

The total net inflow of spot ETH-ETFs was ~$2.5 million.

🔍🐳 Whale transactions:

1. WLFI spent $250 thousand #USDC to buy 231,726 #ENA and exchanged 103 #cbBTC worth $10.36 million for #WBTC;
2. Marathon Digital accumulated 1,627 #BTC ($166 million) over the last 9 hours;
3. The Uniswap team transferred ~$17.38 million #UNI to Coinbase;
4. Fetch AI Team transferred on Binance 5 million #FET (~$7.95 million);
5. Whale contributed 150 billion #PEPE ($2.72 million) on Binance. At current prices, the whale incurs losses of $219 thousand on #PEPE and $136 thousand on #SHIB;
6. Whale contributed on Binance >210,000 #LINK (~$4.99 million);
7. On December 10, the whale spent $1.59 million to buy 60.782 billion PEPE at a local maximum. After the fall he sold all for just 1.10 million USDT, resulting in a loss of $477 thousand;
8. Whale sold 250 billion #SHIB ($6.05 million). He still holds 2.15 trillion SHIB ($52.18 million) with a total profit of $109 million per SHIB.

🇨🇳🤖 #AI Apple is in talks with Tencent and ByteDance to launch AI features in China. Reuters.com

💸 #BTC Over the last 24 hours, ~$865.23 million worth of contracts have been liquidated, of which ~$744.47 million worth of longs and ~$120.76 million of shorts have been liquidated.

📊👀 #BTC has surged significantly over the past two years, but history suggests these rallies occur every three years.

Three years of gains, followed by one major crash

🇺🇸🍿 The Digital Chamber called on the SEC to initiate a review of all ongoing investigations related to cryptocurrencies from “day one” of the new Trump administration. cointelegraph

👍 #SWELL Swell: Swellchain is launched.