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no_data1Bitget Daily Digest (Dec. 5) | 21Shares Launches 2x Leveraged SUI ETF on Nasdaq; U.S. Treasury Debt Surpasses $30 Trillion; JPMorgan: Strategy’s Resilience May Determine Bitcoin’s Short-Term Trend2Bitcoin looks increasingly like it did in 2022: Can BTC price avoid $68K?3The Chainlink ETF Disappoints Despite $41 Million Inflows — Why?
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- 10:46Opinion: ETH/BTC Breaks Five-Month Downtrend, Traders Predict Potential 170% SurgeChainCatcher reported that the price movement of ETH/BTC is repeating the pattern seen during the 2021 bull market. Trader Mags posted on X that ETH/BTC has reached the exact low point it hit before the last bull run in 2021, and is currently at the same support level as before the 170% price surge that year. If it rises by the same magnitude, ETH/BTC could reach 0.092, equivalent to $8,500. Digital asset lawyer Joe Carlasare pointed out that ETH/BTC has broken out of a downtrend that lasted nearly half a year. Trader Michaël van de Poppe stated that if ETH can hold the previous resistance zone as support, it indicates that buyers are willing to enter at higher prices, suggesting that the price could rise to $3,700. In addition, Michaël van de Poppe believes that if $91,500 can serve as a support level, the price of BTC could test $100,000 next week.
- 10:46Metaplanet raises $50 million by collateralizing bitcoin to purchase more bitcoinAccording to ChainCatcher, market sources report that Japanese listed company Metaplanet has announced it has raised $50 million using bitcoin as collateral to purchase more bitcoin.
- 10:28IMF: Stablecoins may accelerate currency substitution and weaken central bank controlJinse Finance reported that the International Monetary Fund warned on Thursday that stablecoins could accelerate currency substitution in countries with weak monetary systems, thereby weakening central banks' control over capital flows. The International Monetary Fund stated that the rise of dollar-backed stablecoins and their convenient cross-border use may prompt people and businesses in economically unstable regions to prefer using dollar stablecoins over local currencies.
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