PANews 12月12日消息，欧易OKX行情显示，ETH刚刚跌破3200美元，现报3198.55美元/枚，日内涨幅 0.61%。

ETH跌破3200美元，日内涨幅 0.61%

PANews reported on December 12 that, according to OKX market data, ETH has just fallen below $3,200 and is currently trading at $3,198.55 per coin, a daily increase of 0.61%.

ETH fell below $3200, with a daily increase of 0.61%.

Recently, Dan Romero, founder of Farcaster, once hailed as a promising contender for Web3 social networking, stated in an open letter that after 4.5 years of exploration, the "social-first" approach has proven unworkable. He added that the company will now focus entirely on wallet product development because "every new and retained wallet user is a new user of the protocol."

This star project, which has raised $180 million in funding and is valued at nearly $1 billion, offers a significant perspective on the battle for entry points in the Web3 industry with its near-admission of failure.

This shift reflects the...

Lessons learned from the $180 million investment: The current entry point for Web3 is not social networking, but the wallet.

From December 6th to December 12th, Bitcoin's price movement exhibited a clear multi-stage switching pattern, characterized by "breaking support → range-bound trading → rebound breakout → high-level consolidation → rapid recovery." After breaking below the key support level of $90,000, it underwent low-level consolidation and bottoming out, subsequently experiencing a strong rebound driven by macroeconomic interest rate expectations and sentiment recovery, briefly reaching a high of $94,444. The overall price movement range was between...

HashWhale Crypto Weekly Report | Quick Recovery After Key Support Breakdown, Price Returns to High-Level Trading Range (December 6-12)

Abu Dhabi is laying the foundation for institutional-grade Bitcoin business, while Dubai is integrating payments, stablecoins, and Web3 applications into everyday business scenarios.

Author: Ezra Reguerra
Source: Cointelegraph
Translator: Chang The United Arab Emirates is not choosing between Bitcoin and the broader crypto industry. Instead, it is consciously building both paths simultaneously in different cities, targeting different stages of adoption.

The UAE capital, Abu Dhabi, is positioning itself as a hub for institutional-grade Bitcoin (BTC) infrastructure, focusing on...