🚨 Last Night’s Crypto Flash Highlights — 1-Minute Market Focus | 12/8
1⃣ $BTC, $ETH, $SOL showed sharp wicks in both directions. It’s a messy market — less trading, less losing. Waiting for U.S. markets to reopen on Monday.
2⃣ Macro this week: On Thursday, the Fed FOMC will release its rate decision and economic projections, followed by Powell’s press conference.
3⃣ Crypto KOL Ansem says his intuition is that BTC will retest $80K in December. Reminder: this is pure emotion/intuition — no analysis.
4⃣ CZ shared: the crypto industry’s future size is at least $40 trillion; uncertainty is “the greatest joy of life.”
5⃣ Altcoins acting wild: $Pieverse funding rate at -0.09%, up five weeks in a row. $PIPPIN surged then crashed nearly 50%. $LUNA and $USTC spiked then fell. $MOODENG printed an upward wick.
6⃣ SEC Chair: the entire U.S. financial market may move on-chain within two years. WUFAN believes CRCL/COIN stocks will benefit; industry participants expect ETH to benefit as well.
7⃣ China’s “first GPU stock” Moore Threads co-founder Li Feng is accused of involvement in token issuance and failing to repay 1,500 BTC. Star responded: the debt issue will be handled legally.
8⃣ Bittensor network is expected to undergo its first halving around December 14. $TAO continues to decline with weak buy pressure.
9⃣ Amid FUD, Michael Saylor hinted at buying more BTC. Strategy’s BTC holdings currently show 19.3% unrealized profit, totaling $9.35B.
