🚨 Last Night’s Crypto Flash Highlights — Get the Market Focus in 1 Minute!
1⃣ $BTC, $ETH, and $SOL saw a sharp pullback. Phyrex believes the drop may be linked to a new document from the People’s Bank of China, but U.S. stock futures are also down. More clarity will come once U.S. markets open.
2⃣ DeFi protocol Yearn Finance was attacked, losing $3M. The stolen assets — 1,000 yETH — have already been sent to Tornado Cash by the hacker.
3⃣ On December 1, $EIGEN will unlock 38.35M tokens (~$22.65M), accounting for 8.646% of its circulating supply.
4⃣ Today, Binance Giggle will convert 50% of all fees generated from its GIGGLE trading pair into $GIGGLE, with a portion burned via Giggle Academy.
5⃣ $ZEC fell below 400, possibly due to the market believing its ETF approval chances are extremely low — or simply because bulls are taking profit and the narrative momentum is weakening.
6⃣ Prediction platform $Opinion has updated its points system. The most stable, safe, and high-ROI point sources are FOMC-related and Pre-TGE sectors. As a BSC-based project, it’s worth watching.
7⃣ Community members questioned whether Tether faces reserve insufficiency risks, as part of its reserves is allocated to BTC and gold instead of fully to high-liquidity USD assets. Industry insiders largely view these concerns as exaggerated.
8⃣ According to KOL reports, the abnormal weekend crash of $SAHARA was caused by its market maker being restricted by the exchange due to issues related to another project. Similar crashes may become more common — be cautious with altcoins.
9⃣ Trump said he has already selected the next Federal Reserve Chair and will announce it soon — notably earlier than expected.
