Farcaster: Over 2,000 active users received Monad airdrop

- Meme coin PEPE plunges 70% to $0.00000485, sparking debate over further decline or short-term rebound amid broken support levels and bearish technical indicators. - Analysts highlight critical resistance at $0.0000059, weak momentum (negative MACD), and liquidity risks toward $0.00000178, while on-chain data shows $193.5M futures open interest and negative spot netflows. - Optimists cite potential 12-15% bounce to $0.00000524-$0.0000066 from bullish RSI crossovers and short-squeeze risks, alongside commu

- Tether's gold reserves hit 116 tons, making it the largest non-sovereign bullion holder, with 12 tons backing XAUt and 104 tons supporting USDT. - The 26-ton Q3 surge accounts for 2% of global demand, tightening supply and driving gold prices to record highs amid geopolitical risks. - Tether's $300M+ investments in gold firms and hiring of HSBC traders signal deeper market integration, contrasting with mixed central bank trends. - Analysts project continued supply tightening as Tether reinvests profits,

- JPMorgan analysts attribute crypto market correction to $4B retail outflows from BTC/ETH spot ETFs in November, surpassing February's record. - Contrasting $96B equity ETF inflows highlights crypto sell-off's independence from broader risk-off sentiment, driven by non-crypto retail investors. - Market cap fell to $3.07T as Bitcoin dropped below $90K and Ethereum slid under $3K, with stablecoin outflows reaching $85B. - MicroStrategy faces $2.8B-$8.8B passive outflows risk if MSCI excludes firms with >50%

- Tether's gold reserves hit 116 tons, rivaling small central banks as it accumulates 26 tons in Q3 alone to hedge dollar volatility. - The stablecoin issuer's strategy includes $300M+ investments in mining ventures and hiring top traders, reshaping global bullion market dynamics. - Jefferies estimates Tether accounts for 2% of global gold demand, amplifying supply constraints as central banks tripled purchases to 64 tons in September. - Tether's gold-backed stablecoins and planned USAT token raise transpa