🚨 Overnight Crypto Highlights — 1 Minute to Catch the Market | 12/31
1⃣ $BTC, $ETH, $SOL remain range-bound. BTC has been consolidating below $90,000 for over half a month. Sentiment among traditional investors is gradually stabilizing. No need to rush.
2⃣ Fed December meeting minutes: Inflation remains above target, while downside risks to employment are rising. As a result, the probability of rates remaining unchanged in January stands at 85.1%.
3⃣ PERP project $Lighter completed its TGE and airdrop. The Lighter airdrop totaled $675 million. $LIT currently has a market cap of $2.7 billion. A peer project, $Aster, sits at around $5.5 billion. Additionally, an address linked to Justin Sun purchased 4.6 million USD worth of tokens.
4⃣ ElizaOS and its founder Shaw had their X (formerly Twitter) accounts reinstated. $AI16Z has officially migrated to ELIZAOS, with plans to launch an AI-powered prediction market. $Elizaos briefly surged by ~200%.
5⃣ $ZEC and the privacy-coin sector turned active again, with shielded pool data resuming its uptrend. However, several communities advise caution or light short positions, warning of a potential short-squeeze scenario.
6⃣ OKX announced the launch of BREV ($Brevis) pre-market perpetual contracts. This is a privacy-focused project strongly backed by the Ethereum ecosystem and is finally preparing to launch its token. An airdrop eligibility checker is now live.
7⃣ Tom Lee: During year-end holiday trading periods, many institutional investors temporarily step away. In other words, the market has entered a typical directionless consolidation phase.
8⃣ Prediction markets continue to accelerate. Last week’s nominal trading volume reached $4.51 billion (+12.20%).
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Kalshi: $1.71B (1st)
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Opinion: $1.64B (2nd)
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Polymarket: $1.09B (3rd)
Are the top two inflating volumes?
