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Mars Morning News | Bitcoin falls below $89,000, Trump has finalized his pick for Federal Reserve Chair
Mars Morning News | Bitcoin falls below $89,000, Trump has finalized his pick for Federal Reserve Chair

Bitcoin fell below $90,000, Yearn Finance suffered a $3 million loss due to a hacker attack, the probability of a Federal Reserve rate cut in December is 87.4%, CoinShares withdrew its ETF application for XRP and others, and the prices of SOL and Ethereum declined. Summary generated by Mars AI. The accuracy and completeness of the content generated by the Mars AI model are still being iteratively improved.

MarsBit·2025/12/01 17:17
The Economic Truth: AI Alone Drives Growth, Cryptocurrency Becomes a Political Asset
The Economic Truth: AI Alone Drives Growth, Cryptocurrency Becomes a Political Asset

The market is no longer driven by fundamentals.

ForesightNews 速递·2025/12/01 17:05
Paul Atkins: Innovation Exemption for Crypto Firms Coming in January
Paul Atkins: Innovation Exemption for Crypto Firms Coming in January

Paul Atkins said that the SEC will unveil the ‘Innovation Exemption’ for crypto firms starting in January next year.

Coinspeaker·2025/12/01 16:00
'Get these done on time:' Rep. Steil presses regulators on stablecoin law ahead of July 2026 deadline
'Get these done on time:' Rep. Steil presses regulators on stablecoin law ahead of July 2026 deadline

Quick Take The Guiding and Establishing Innovation for U.S. Stablecoins Act, or GENIUS, was passed into law over the summer. Next, agencies need to write rules to implement the new law. “I just want to make sure that we get these done on time,” Rep. Bryan Steil said during Tuesday’s hearing.

The Block·2025/12/01 16:00
Celestia-based Astria Network sunsets its shared sequencer network after raising $18 million
Celestia-based Astria Network sunsets its shared sequencer network after raising $18 million

Quick Take Astria was “intentionally halted” at block number 15,360,577, according to the team on Monday. The project, which aimed to become a modular decentralized sequencer option for Layer 2 networks, has gradually rolled back key features over the past several months.

The Block·2025/12/01 16:00
Fasanara Digital + Glassnode: Q4 2025 Institutional Market Perspectives
Fasanara Digital + Glassnode: Q4 2025 Institutional Market Perspectives

In a market shaken by recent drawdowns and macro pressure, our new collaborative report with Fasanara Digital maps how core ecosystem infrastructure – spot liquidity, ETF flows, stablecoins, tokenized assets, and decentralized perps – is shifting in Q4.

Glassnode·2025/12/01 16:00
Kalshi becomes CNN's official partner, integrating prediction market data into programming
Kalshi becomes CNN's official partner, integrating prediction market data into programming

Quick Take Kalshi announced today that it has become CNN’s official prediction markets partner. Kalshi data will be integrated across CNN programming, and will be used by its newsroom, data and production team.

The Block·2025/12/01 16:00
Aave DAO mulls pulling back 'multichain strategy,' deprecating zkSync, Metis and Soneium instances
Aave DAO mulls pulling back 'multichain strategy,' deprecating zkSync, Metis and Soneium instances

Quick Take An Aave Chan Initiative proposal suggested culling low-earning instances and instituting revenue floors for future deployments. Aave, by far the largest Ethereum-based decentralized lending protocol, has historically taken a maximalist approach towards deploying on new blockchains.

The Block·2025/12/01 16:00
Flash
05:08
Musk and Trump pose for a photo at Mar-a-Lago dinner, say 2026 will be spectacular
On January 5th, Musk posted a photo on the X platform of a dinner with U.S. President Trump and First Lady Melania at Mar-a-Lago, with the caption, "2026 will be spectacular." Previously, the relationship between Musk and Trump had been tense. Notably, just hours before the U.S. launched military action against Venezuela, Musk's SpaceX announced that Starlink would provide one month of free broadband service to Venezuela, with the deadline set for February 3rd. According to a Netblocks report, some areas of Caracas experienced network disruptions during the U.S. military operation, but overall network connectivity remained largely normal.
05:05
Polymarket "No" bets on "Christ will not return" offer a 5.5% annualized return, outperforming US Treasuries
According to Odaily, a contract on the prediction market Polymarket regarding "whether Jesus Christ will return to Earth in 2025" attracted approximately $3.3 million in participation in 2025. As the event was ultimately ruled "No," those who bet on "will not happen" at the April peak achieved an annualized return of about 5.5%, outperforming the yield of U.S. Treasury bonds during the same period. The report noted that the contract once maintained a probability of over 3% for the "Second Coming," reflecting the pricing characteristics of prediction markets where sentiment, belief, and speculation are intertwined. Bloomberg also pointed out that while similar contracts have increased attention to prediction markets, they have also sparked academic controversy. Some scholars believe that such highly entertaining or symbolic events may weaken the informational value of prediction markets in serious public issues. As the contract is relaunched for the 2026 version, the current market still assigns about a 2% probability to the event, reflecting the ongoing appeal of prediction markets for speculative capital under the narrative of "low probability, high return." (Bloomberg)
05:05
This morning, Musk tweeted a photo of him at a dinner with Trump, captioned "2026 is going to be amazing."
BlockBeats News, January 5th, a few hours after "Maduro's Arrest," Musk posted a photo on X platform of a dinner with Trump, showing the seemingly repaired relationship between the former U.S. President Trump and himself, which had been tense before. In the photo, Musk is seen dining intimately with Trump and First Lady Melania at Mar-a-Lago, with Musk captioning it: "2026 will be amazing!" It is worth noting that just hours before this dinner, the U.S. took military action against Venezuela. Meanwhile, Musk's SpaceX's satellite internet project, "Starlink," announced on January 3rd that it would provide Venezuela with free broadband service for one month, ending on February 3rd. This announcement coincided closely with the meeting between Trump and Musk at Mar-a-Lago on that day, although "Starlink" did not disclose the specific reasons. According to the internet monitoring organization Netblocks, some areas of Caracas experienced network outages during the U.S. military operation, speculated to be related to abnormal power supply, while the country's overall internet connectivity remained essentially normal.
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