ChainCatcher message, Santiment posted on X: "Over the past two weeks, the sentiment of most cryptocurrency investors has astonishingly shifted from bullish to bearish. As the market cap has pulled back (especially altcoins), interest in meme coins has significantly decreased, while interest in Bitcoin has notably rebounded. This collective FUD is a healthy part of the cycle, and patient traders can capitalize on this high level of 'blood in the streets' to profit."

ChainCatcher message, CoinGecko data shows that the total cryptocurrency market capitalization has dropped to $3.43 trillion, with a 24H decline of 2.1%.In addition, BTC market share is 55.0%, ETH market share is 11.6%, and Ethereum Gas fee is 3.658 GWEI.

ChainCatcher news, according to Dune Analytics data, the total amount of ETH staked on the Ethereum Beacon Chain has reached 34,213,997 ETH, with staked ETH accounting for 27.9% of the total supply. Among them, the liquid staking protocol Lido has a staking share of 28.36%. In addition, there has been a net inflow of 16,047,943 ETH since the Shanghai upgrade.

ChainCatcher news reports that GraniteShares, an asset management company with over $10 billion in AUM, has submitted a new leveraged ETF application to track the stock prices of crypto-related companies such as Riot Platforms, Marathon Digital, MicroStrategy, and Robinhood. These funds will go long and short simultaneously, with the 2x long ETF generating twice the daily return of the corresponding stocks. For example, when Riot Platform's stock rises by 1%, the GraniteShares 2x Long RIOT ETF will rise by 2%.This year, as the cryptocurrency and stock markets reached all-time highs, these leveraged ETFs have become very popular. Among them, the T-Rex 2x Long MSTR Daily Target fund (ticker symbol MSTU) has attracted over $1.8 billion in managed assets. Similarly, the Defiance Daily Target 2X Long MSTR ETF (ticker symbol MSTX) has accumulated $1.8 billion in assets.These funds have outperformed MicroStrategy over the past three months, during which MicroStrategy's stock price rose by 150%, while MSTU and MSTX rose by 308% and 253%, respectively. However, the risk is that in a bear market, their performance typically lags behind the underlying stocks. MicroStrategy's stock has fallen by 24% in the past 30 days, while MSTU and MSTX have dropped by over 50% during the same period.

ChainCatcher news, HashKey Global launches the 17th Launchpool project ------ Ton Station (SOON). Users can participate in a 3-day mining event by holding or staking SOON through contracts, sharing a total reward of 210 million SOON.The event will start on December 20, 2024, at 16:00 (UTC+8) for holding or staking, with earnings beginning on December 22, 2024, at 19:00 (UTC+8). Invite friends to participate in the event to share an additional 4,000,000 SOON. For each successful invitation, you will receive a reward of 12,500 SOON, on a first-come, first-served basis.At the same time, SOON deposits are now open, spot trading will start on December 22, 2024, at 19:00 (UTC+8), and withdrawal services will be available on December 23, 2024, at 19:00 (UTC+8). This mining event supports the TON network and is divided into contract mining pools and staking mining pools, with rewards of 147 million SOON and 63 million SOON, respectively.

ChainCatcher news, according to official sources, OKX has now launched the Uniswap Earning Season. During the event, users who provide liquidity with specified assets weETH/ETH and rsETH/wstETH to the liquidity pools of Etherfi and Kelp on the Optimism chain will have the chance to share a reward pool of 250,000 USDT OP. This reward will be distributed in 3 phases, with the first phase releasing 107,000 USDT OP over 10 weeks.

ChainCatcher news, Cango Inc. saw its stock price rise by 280% due to its entry into the Bitcoin mining business, with two board members planning to sell $2 million worth of company stock.According to new documents released on Thursday, Cango CEO Jiayuan Lin and director Zhipeng Song plan to sell 100,000 and 200,000 shares of the company stock, respectively, with the sale expected around December 20. The total market value of the shares being sold is estimated at $2.07 million.Cango was founded in 2010 as a digital platform for providing auto loans. It went public on the New York Stock Exchange in 2018. Last month, Cango announced the acquisition of 32 EH/s Bitcoin mining machines from Bitmain as part of its entry into the Bitcoin mining sector. In November alone, the company mined 363.9 BTC. This move triggered a 290% surge in Cango's stock price, jumping from around $2.80 to $8.00.

ChainCatcher news, according to market news, 21Shares has registered its Polkadot trust in Delaware, and the trust product is named "21SHARES POLKADOT TRUST".

ChainCatcher news, CoinGecko data shows that the total market capitalization of cryptocurrencies has fallen to $3.71 trillion, with a 24H decline of 4.2%.In addition, BTC market share is 54.6%, and ETH market share is 12.0%.

ChainCatcher news, according to official sources, OKX has now launched the PENGU trading competition. During the event, users who recharge and trade PENGU will have the chance to share a total prize pool of 100,000,000 PENGU. Meanwhile, users participating in the PENGU trading photo activity on OKX's Chinese official Twitter and completing designated tasks will have a chance to be randomly selected, with 10 eligible users receiving 3000 PENGU each.

ChainCatcher news, the Federal Reserve announced on Wednesday a scheduled rate cut of 25 basis points, but significantly raised future policy rate expectations and inflation expectations, now expecting only two rate cuts totaling 50 basis points next year, halving the previous expectation.According to 4E monitoring, after the release of the Fed's dot plot and economic outlook, risk aversion sentiment surged, causing all three major U.S. stock indices to decline. The S&P 500 index fell by 2.95%, the Dow Jones dropped by 2.58%, marking its longest losing streak since 1974 at ten consecutive days, and the Nasdaq fell by 3.56%. Tesla dropped over 8%, leading the decline among tech giants. Cryptocurrency-related stocks also fell broadly, with MSTR down 9.52% and Coinbase down 10.2%.The Fed's actions have dragged down the U.S. stock market, leading to a significant correction in the crypto market. BTC fell below $100,000, with Powell's remark that "the Fed does not allow nor intends to hold Bitcoin" intensifying selling pressure, resulting in a Bitcoin decline of up to 6.2%, reporting at $99,235 before the deadline. Ethereum briefly dipped to $3,542, a drop of 7.27%, while altcoins generally experienced double-digit declines. In the past 24 hours, the total liquidation amount in the cryptocurrency market reached $842 million, deepening market panic.In the forex and commodities sector, the Fed's drastic cut in rate cut expectations pushed the dollar index up over 1% to a two-year high; gold prices fell over 1% to a one-month low; U.S. crude oil inventories decreased, pushing oil prices higher, but the slowing pace of rate cuts dampened oil demand outlook, causing oil prices to rise and then gradually erase gains.After announcing a rate cut of 25 basis points to 4.25%-4.5% as expected in this meeting, the Fed's released "dot plot" indicated that only two more rate cuts are expected by 2025, halving the planned number of cuts compared to the September dot plot, with a hawkish stance exceeding expectations, leading to extreme fear in the market. Fed officials also expect two more rate cuts in 2026 and one more in 2027.

ChainCatcher news, Michael Saylor announced on the X platform that MicroStrategy's financial operations brought a net gain of 116,940 BTC to shareholders this quarter, with a yield of 46.4%. Based on a price of $100,000 per Bitcoin, the net gain for this quarter is approximately $12.28 billion.

ChainCatcher news, OpenAI has reached an agreement with Japan's SoftBank Group, where approximately 400 current and former employees will cash out millions of dollars by selling shares to SoftBank. According to sources, SoftBank will acquire OpenAI shares at a price of $210 per share, with a total amount potentially reaching $1.6 billion. Employees can cash out part of their equity through this transaction, provided they received restricted stock units over two years ago.OpenAI's current valuation is $157 billion, and eligible employees must decide whether to sell their shares by December 24. Current employees can cash out up to $10 million each, while former employees have a maximum limit of $2 million.The total expected amount for this transaction is $2 billion, of which SoftBank has agreed to purchase $1.6 billion in shares, with the remaining $400 million in shares potentially going unsold.

ChainCatcher news, MicroStrategy founder Michael Saylor released data on the X platform, stating that so far this year, MicroStrategy's financial operations have generated approximately 136,965 BTC in net profit for shareholders, with a return rate of 72.4%. Based on a price of $107,000, the annual profit is approximately $14.66 billion.

ChainCatcher news, CoinGecko data shows that the total market capitalization of cryptocurrencies has reached $3.93 trillion, with a 24H increase of 1.7%.In addition, BTC market share is 53.6%, and ETH market share is 12.2%.

ChainCatcher news, HashKey Global announces that Goatseus Maximus (GOAT) will soon be launched in the Innovation Zone and Meme Zone. GOAT deposits and withdrawals are now open, and GOAT/USDT spot trading will start on December 18, 2024, at 16:00 (UTC+8).To celebrate the new coin launch, the platform is offering a special promotion for new users: from December 18, 2024, 16:00 to December 25, 2024, 16:00, the first 2,000 users who deposit GOAT to HashKey Global for the first time and accumulate a net deposit amount equivalent to 50 USDT in GOAT will each receive a reward of 5 HSK, with a total prize pool of 10,000 HSK, available on a first-come, first-served basis until it runs out. Deposits and withdrawals will be conducted via the Solana network.

ChainCatcher news, according to Blockworks, the crypto investment firm Bitwise has released its 2025 market outlook report, predicting that the stock price of cryptocurrency exchange Coinbase (COIN) will surge from the current $324 to $700, with a market capitalization expected to surpass Charles Schwab, becoming the largest brokerage in the world. Bitwise had previously accurately predicted that MicroStrategy (MSTR) would be included in the Nasdaq 100 index and expects Coinbase to enter the S&P 500 index next year. CoinShares anticipates that as more companies hold Bitcoin, Bitcoin yield strategies will become the new normal for corporate finance.In addition, Bitwise predicts that the U.S. Department of Labor will relax restrictions on 401(k) pension investments in cryptocurrencies by 2025. Multiple institutions are optimistic about the prospects of the real-world asset tokenization (RWA) market, expecting its scale to exceed $50 billion, with the U.S. Treasury token fund BUIDL, supported by BlackRock, potentially reaching a scale of $50 billion.

ChainCatcher message, ChainCatcher has launched the "2024 Crypto Secondary Market Individual Investor Behavior" survey. This survey aims to gain in-depth insights into retail investors' investment behaviors, decision-making processes, and tool usage habits, providing valuable insights for industry development. We sincerely invite you to participate in this survey and share your investment experiences. All information collected in this survey will be used for research purposes only, and ChainCatcher commits to keeping your personal information strictly confidential. The survey data will be presented in an anonymous and aggregated form in the research report.👉Click here or the source link to participate in the questionnaire.👉Survey deadline: December 27th