Gate News Bot Message, December 11th, according to CoinMarketCap data, as of press time, XRP (XRP) is trading at $2.01, down 3.62% in the past 24 hours, with a high of $2.17 and a low of $2.00. The 24-hour trading volume reached $4.18 billion. The current market capitalization is approximately $121.366 billion, down $4.56 billion from yesterday. XRP Ledger is a blockchain built for business, driven by a global community of businesses and developers, dedicated to solving real-world problems and creating value. With over ten years of error-free operation, it offers a smooth development experience, extremely low transaction costs, high performance, and sustainability. XRP Ledger features open decentralization, open-source accessibility, and community maintenance. Each transaction costs only a few cents, with fast settlement times measured in seconds.

In the past 24 hours, the cryptocurrency market experienced the largest leverage liquidation in weeks, with a total of $514 million in positions forcibly closed, including $376 million in long positions, nearly three times the short positions. Data shows that after consecutive days of gains, market sentiment became overly bullish, making this correction particularly fierce. Over 155,000 traders were liquidated, with the largest single liquidation being Bitcoin perpetual contracts worth $23.18 million on Hyperliquid. Platforms like Hyperliquid became the main centers of this volatility, with liquidations from three exchanges accounting for approximately 72% of the total liquidation volume. Among them, mainstream CEX liquidations reached $144.6 million, with 76% in long positions; Hyperliquid liquidated $115.8 million, with 83% in long positions; another exchange saw $109.3 million liquidated, with 72% in long positions.

Midnight Network's NIGHT token surged nearly 200% within 24 hours of its launch on December 9, with a total market capitalization surpassing $1.2 billion. Its first-day trading volume exceeded $320 million, making it one of the most关注的新项目之一 in the privacy sector this quarter. Midnight is positioned as a partner chain of Cardano, with its initial token minting and ledger utilizing Cardano's native asset architecture. As the privacy coin narrative rapidly heated up after October, the launch of Midnight was seen as hitting a critical point in market sentiment shift. Over the past two months, Zcash experienced a tenfold surge against regulatory pressures, and the total trading volume of privacy coins such as Dash, Monero, Railgun, and Decred once approached $3 billion.

Gate's November Transparency Report shows that registered users exceed 46 million, with over 4,100 assets listed, and spot trading volume increased by 39.1% year-on-year. Gate is actively advancing its Web3 strategy, and its global compliance initiatives are also steadily progressing. The company is participating in industry interactions and strengthening regulatory communication.

ChainCatcher News, Camp Network announces that it will be the first to introduce the prediction market model into the music festival IP sector. The first event will kick off this weekend at the DWP Music Festival, which has over 90,000 participants. Music fans can predict live performance trends of headline artists such as Skrillex, Calvin Harris, and Steve Angello in real-time. Camp Network stated that this move marks the first time that the prediction market sector, valued in the tens of billions of dollars, is integrated with large-scale music festival scenarios. While traditional predictions mainly focus on sports events, Camp Network's innovative approach will provide fans with a brand-new interactive experience. The platform plans to expand this model to 50 countries worldwide.

XRP once again failed to break through the $2.09-$2.10 resistance level on Wednesday and experienced a rapid institutional sell-off after reaching a high, causing the price to fall back to the key $2.00 mark. The daily decline was 4.3%, underperforming the overall cryptocurrency market. Nevertheless, spot ETF funds continued to see net inflows of over $170 million this week, presenting a special divergence where the price weakens while supply tightens. From the data, XRP faced strong selling pressure around $2.08, with hourly trading volume soaring to 172.8 million, 205% higher than the daily average. Such volume expansion typically indicates institutions distributing at resistance levels, rather than retail panic selling. The overall trading volume for the day increased by 54% compared to the 7-day average, further reinforcing the view that institutional funds are driving this round of correction.

The full-chain financial protocol PLATO launched its governance token PLATO on December 9th, with a price increase of over 560% on the first day of listing. The protocol adopts a dual-token mechanism, where PLATO is used for community governance and revenue distribution, and IHP is linked to tangible asset returns to ensure cash flow and reduce risk.

"The Ironheaded Duo Whale" currently holds 6,003,95 SEI long positions, approximately $825,000, with a slight loss. The total profit over the past week is $820,000, but there is a floating loss of $200,000 in the past month. Recent trades include profits from SUI long positions and losses from ETH long positions.

ChainCatcher message, Security Alliance founder Samczsun posted that relying solely on code audits, formal verification, and high bug bounty rewards is still not enough to prevent hacker attacks. The annual review of smart contracts is the key fourth step to ensure protocol security. Samczsun pointed out: 1. Higher bug bounties cannot prevent hacker attacks because it only doubles down on the assumption that white hats will find vulnerabilities before black hats. The same amount can be used to support multiple re-audits over several years. 2. Risk levels grow linearly with TVL, but security budgets do not increase accordingly. 3. Audit reports are only security assessments at a specific point in time, which can expire. Since the protocol environment is constantly changing, the only way to refresh the assessment is to conduct re-audits. Samczsun believes that by 2026, the crypto industry should adopt an annual

ChainCatcher message shows that the “pension-usdt.eth” whale closed over $64 million USD worth of BTC long positions today, with a profit of approximately $560,000 USD. In the past week, this address has accumulated a profit of $7.12 million USD, and over the past 30 days, it has gained more than $23 million USD.

PA News December 11th - According to Bloomberg, U.S. prosecutors have charged Canadian citizen Nathan Gauvin with orchestrating a fraud scheme that raised over $42 million through false advertising. The scheme targeted individual users on the chat platform Discord, claiming that funds would be invested in traditional finance and cryptocurrency sectors. He used most of the money for investor withdrawals, purchasing luxury jewelry, paying off credit cards, and falsely obtaining $800,000 in credit from fintech companies for personal expenses. From May 2022 to October 2024, Gauvin and others lured investors to invest in Gray Digital Capital Management Inc. and its fund Gray.

PANews December 11 News, according to on-chain analyst Yu Yan monitoring, a giant whale/institution has exchanged 1469 BTC cross-chain for 43647 ETH (approximately $131 million) through THORChain over the past half month, with the average price of the exchanged ETH at $3000.

Gate News Bot Message, December 11th, according to CoinMarketCap data, as of press time, ZEC (Zcash) is currently trading at $397.38, down 8.86% in the past 24 hours, with a high of $448.44 and a low of $329.74. The 24-hour trading volume reached $867 million. The current market capitalization is approximately $6.53 billion, down $635 million from yesterday. Zcash is the first cryptocurrency to develop zero-knowledge encryption technology for private peer-to-peer payments, providing end-to-end encrypted privacy protection. As a decentralized protocol, users have full control over their funds. ZEC uses zero-knowledge proof technology, supporting both shielded and transparent transaction modes. Transaction speeds are faster than Bitcoin, with fees usually only a few tenths of a cent. ZEC has been listed on multiple exchanges and supports various wallets such as Zashi and Edge Wallet, with a complete ecosystem of applications and community support.

Elon Musk hints that SpaceX may go public in 2026, with an estimated IPO raise of over $25 billion and a valuation expected to exceed $1 trillion. This news has garnered widespread attention.

ProCap Financial officially becomes one of the companies holding 5,000 Bitcoins and still holds over $175 million in cash. By implementing loss optimization capital strategies, the CEO stated that combining Bitcoin investments with traditional allocations creates value for shareholders.

Odaily Planet Daily reports that Tom Lee posted on the X platform stating that today is Federal Reserve meeting day (December Federal Open Market Committee meeting decision). Over the past 4 weeks, the market has struggled, and before the "hawkish rate cuts," no one was willing to go long on stocks. This seems to increase the likelihood of a stock market rally after the Fed's decision.

Tether announces the launch of QVAC Health, a personal health management platform designed to integrate health and fitness data, empowering users with complete control over their data. The platform consolidates various biometric data into an encrypted dashboard, preventing data fragmentation and enhancing privacy security.

Blockchain company TenX Protocols announces it will be listed on the TSX Venture Exchange with the stock code “TNX”. This year, it has raised over 33 million CAD, which will be used to purchase high-throughput blockchain tokens and invest in infrastructure products. Some of the financing was completed through digital assets.

PANews December 10 News, according to Cointelegraph, Vitalik Buterin states that the occasional "loss of finality" on Ethereum does not pose a serious risk, with the key being to avoid "incorrect finalization." During this delay in finality caused by a Prysm client vulnerability, the chain can still operate normally. Ethereum expert Fabrizio Romano Genovese said that when finality is temporarily lost, Ethereum is more similar to Bitcoin, with its finality being probabilistic; Ethereum's rule is: when a block receives over 66% validator votes, it becomes "Justified," and after two more rounds of Epochs (64 blocks), it becomes "Finalized." He pointed out that this situation occurred in May 2023. Polygon states cross-chain and

Canadian fintech company Pineapple Financial announces the launch of a mortgage tokenization platform on the Injective blockchain, planning to migrate over 29,000 mortgages. More than 1,200 have been successfully tokenized, totaling approximately $412 million, enhancing transparency and operational efficiency.

PANews December 10 News, according to bitcoinke, the South Africa FSCA-regulated crypto payment startup Ezeebit announced the completion of a $2.05 million seed round of funding, which will be used to accelerate product development and merchant expansion in South Africa, Kenya, and Nigeria. The company supports real-time settlement of stablecoins and next-day local fiat currency payments, having processed over 30,000 transactions. Investors include Raba Partnerships, Founder

Recently, the Perp DEX platform's trading volume has increased, open interest has risen slightly, and TVL has remained relatively stable, indicating an active market. Platforms like Lighter and Hyperliquid have 24-hour trading volumes of $8.83 billion and $8.52 billion respectively, demonstrating active capital movement.

BlockBeats News, December 10th, the Indonesia Blockchain Week 2025 will be held at the Jakarta International Convention Center. The conference's theme is "AI, Blockchain, and Tokenization Solutions," attracting over 5,000 participants from industries, investments, finance, and regulation sectors. During the event, Tron founder Justin

Gate News bot message, according to the official Gate announcement on December 10, 2025 Gate has officially launched the KYO token on the Instant Exchange platform on December 10, 2025. Users can exchange KYO through the Gate Instant Exchange feature. The platform supports one-click exchange transactions for over 2200 types of cryptocurrency assets, with no fees charged.

According to BlockBeats news, on December 10th, CryptoQuant analyst Axel posted on social media that Bitcoin has regained its bullish structure after a pullback to $80,000. The move comes against the backdrop of the market almost fully pricing in a third consecutive rate cut by the Fed, which will improve financial conditions and open a window for further asset gains without Powell releasing hawkish surprise signals. Since the peak pullback to the $80,000 range in October, the price has shown a steady upward trend over the past 14 days. The key signal is: the 200-day moving average (DMA) slope (blue histogram) has turned positive for the first time in a month, indicating that short-term bullish momentum has returned. The current price has stood above the 50-day and 200-day moving averages, and the trend is confirmed. The 52-week high (orange line) forms a key resistance level – once breached, it will be a follow-up

Zcash (ZEC) is trying to recover lost ground after the November plunge. After experiencing a significant decline of over 55%, ZEC has recently rebounded by approximately 40%, and market sentiment has recovered, but the full recovery still faces multiple uncertainties. In terms of technical indicators, the RSI has broken above the 50 neutral range for the first time in two weeks, indicating increased buying power and a short-term bullish bias is forming. In general, the RSI's return to positive range is often seen as an early signal of a trend reversal, but this does not mean that ZEC has established itself in an upward trend. The macro market remains highly sensitive to risk assets, and the slightest movement could weaken ZEC's new vitality, so sustained buying is key to short-term gains.

Bitwise announced that its $1.25 billion Bitwise 10 Crypto Index Fund has been officially approved by the U.S. Securities and Exchange Commission (SEC) to upgrade from an over-the-counter (OTC) to a regulated exchange-traded product (ETP) and has begun trading on NYSE Arca. This move marks a further step towards mainstream financial markets for U.S. crypto asset index products, which is expected to attract more institutional investors to participate. The Bitwise 10 Crypto Index Fund is the second fully regulated multi-asset crypto ETP in the United States, having previously been listed by Grayscale in 2024. The fund has been operating as an OTC product since its launch in 2020, and this upgrade will significantly enhance market accessibility, enabling financial advisors, retirement platforms, and institutional investors to allocate crypto assets within the framework of traditional exchanges.

HumidiFi (WET) has become the brightest token in the crypto market today, with its price skyrocketing by more than 100% in the past 24 hours, attracting great attention from the community. The project is based on Solana, and the token quickly rose to the top of the CoinGecko hot list after its listing, with a 24-hour increase of 104.5% and is now trading at $0.25, with a market capitalization of more than $50 million, a daily trading volume of more than $150 million, and about 80% of trader sentiment is bullish. HumidiFi is an important decentralized trading protocol in the Solana ecosystem, known as the largest spot DEX market maker on Solana, with a daily trading volume of over $1 billion, accounting for 35% of Solana's overall spot DEX trading volume. Its native token, WAIT, is the first project to launch through the Jupiter Decentralized Token Offering (DTF) platform.

Solana (SOL) price is approaching the key resistance level of $140, and several on-chain and derivatives indicators suggest that it may be in a "deep cycle reset" phase, signaling a potential strong rally. On December 10, SOL was trading at $138, up 5% in 24 hours, but still down 17% over the past month. Over the past week, the price has traded sideways between $128 and $145, but it has been accompanied by a significant increase in volume. Yesterday's trading volume reached $6.97 billion, a year-on-year increase of 34%, indicating a rise in interest in the spot and futures markets. According to CoinGlass data, Solana derivatives volume increased by 23% to $18 billion, and open interest (OI) rose to $7.25 billion. An increase in OI during a sideways price movement usually means that traders are accumulating positions to lay out in advance for potential trend reversals.

ZCash (ZEC) exploded strongly after its launch on an exchange on December 3, rising 30.8% in a short period of time, rising from $312.8 to $409.2, successfully breaking through the psychological mark of $400. The market generally believes that this wave of rise is driven by "synergy", but for traders, the profit margins from volatility are the key. According to the latest analysis, $360 is seen as a significant support level, which has now been successfully held, setting the stage for further gains. With $400 breached, ZEC's next key target is $480, and the technical structure is gradually moving in this direction.

Andrew Tate recently posted on social platforms, questioning MicroStrategy's purchase of about 10,000 Bitcoins but failing to drive the price up, a statement that quickly sparked heated discussions in the Bitcoin community. Despite the staggering size of this nearly $1 billion purchase, the Bitcoin price remained in the $88,000 to $92,000 range before and after the announcement, with little market reaction. The discussion focused on a key question: Why didn't such a huge buying order drive spot prices? Industry insiders pointed out that the core reason is that micro strategies usually do not execute buy orders through the open market, but rely on over-the-counter (OTC) to complete large orders. OTC platforms privately match buyers and sellers to complete huge transactions off-chain, avoiding impact on the order book and leaving no traces on the price chart.

According to ChainCatcher news, Ripple CEO Brad Garlinghouse posted on the X platform that the total asset management scale of listed XRP spot ETFs has exceeded the $1 billion mark in less than four weeks, making XRP the fastest cryptocurrency to reach this milestone since the launch of the ETH spot ETF. With the launch of over 40 crypto ETFs in the United States in 2025, there is a huge demand for regulated crypto products in the market, and with that

According to a CNBC survey, although 84% of respondents expect Hassett to take over as Fed chairman, only 11% think he is suitable. Most are worried about Hasset's independence and policy implementation, with 76% believing that the next chairman will be more dovish and 51% worried that he will cater to the president's wishes.

GameStop revealed in its Q3 financial report that as of the end of Q3 2025, it held $519.4 million worth of Bitcoin and $8.8 billion in cash and marketable securities. Net profit for the third quarter reached $77.1 million, and adjusted net income was $139.3 million, representing significant growth compared to last year.

Odaily Planet Daily news: JPMorgan analysts stated that despite a significant pullback in Bitcoin over the past month, the current market has not entered a "crypto winter," and the overall bull cycle is not yet over. The analysts pointed out that Bitcoin once fell to $81,000 last month, with monthly performance 9% lower than the level at the beginning of the year, marking the first year-over-year decline since May 2023. However, while this pullback is "meaningful," it is not enough to signify a structural deterioration. As of Tuesday, Bitcoin was trading around $93,000, down about 1.5% from its peak. The team emphasized that digital assets were temporarily boosted by post-election sentiment, and the subsequent drop of more than 20% in market capitalization and weakening trading volumes are both considered normal corrections. Structurally, the scale of stablecoins has grown for 17 consecutive months, demonstrating "obvious resilience." JPMorgan believes that the traditional four-year cycle logic is weakening, and ETF investors are bringing the market...

Gate News bot 消息，据 2025 年 12 月 9 日 Gate 官方公告 Gate 已在闪兑平台新上线 NIGHT 和 WET 两个代币。用户现可通过闪兑平台进行这两个币种与其他加密资产的兑换，该平台支持超过 2200 种加密货币资产的一键兑换交易。 目前闪兑平台已支持 NIGHT/USDT 和 WET/USDT 交易对，为用户提供快捷的代币资产转换服务。

Wells Fargo CEO Charlie Scharf stated that artificial intelligence can significantly improve operational efficiency, and the company has deployed generative AI tools, increasing code writing efficiency by 30% to 35%. There have been no layoffs so far, but teams are able to accomplish more work. AI will drive transformation across multiple sectors, and over 90,000 employees have already received AI training.