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Xie Jiayin: Bitget will launch a TradFi section, including trading of forex, precious metals, and more.
Foresight News reported that Xie Jiayin, the Chinese-speaking head of Bitget, revealed on X that "Bitget will soon launch the TradFi section, and the first trade will require the creation of an MT5 account. It will include forex, precious metals, commodities, oil, and indices. Details such as the maximum leverage will be announced soon."
In addition, Xie Jiayin stated that at 12 o'clock tonight, Bitget will launch its 33rd Launchpool project of the year.
Foresight News reported that Xie Jiayin, the Chinese-speaking head of Bitget, revealed on X that "Bitget will soon launch the TradFi section, and the first trade will require the creation of an MT5 account. It will include forex, precious metals, commodities, oil, and indices. Details such as the maximum leverage will be announced soon."
In addition, Xie Jiayin stated that at 12 o'clock tonight, Bitget will launch its 33rd Launchpool project of the year.
Sanctum launches Sanctum App, waitlist now open
Foresight News: Sanctum has announced the launch of the Sanctum App, with the waitlist now open. Mobile users can earn up to 10% SOL rewards (paid daily), collect cloud pets, and more within the app.
Foresight News: Sanctum has announced the launch of the Sanctum App, with the waitlist now open. Mobile users can earn up to 10% SOL rewards (paid daily), collect cloud pets, and more within the app.
U.S. initial jobless claims for the week ending Dec 6 were 236K (vs. 220K expected, 191K prior)
U.S. initial jobless claims for the week ending Dec 6 were 236K (vs. 220K expected, 191K prior).
U.S. initial jobless claims for the week ending Dec 6 were 236K (vs. 220K expected, 191K prior).
Alliance DAO Co-founder: In the Next 10 Years, Quality Stocks Will Outperform L1 Tokens Because Growth Does Not Necessarily Equal Profit
Jinse Finance reported that QwQiao, co-founder of Alliance DAO, stated on social media that within the next 10 years, if anyone believes that a weighted index composed of Layer 1 tokens of their choice will outperform the stock indices I have listed, I would be happy to bet on it. QwQiao pointed out that most people have a strange misconception that growth = profit = market cap growth. In fact, most industries throughout history have not followed this pattern. There is growth without profit (such as airlines and the catering industry), and there are industries that are profitable without growth (some excellent companies are able to raise prices over time). I believe blockchain will experience rapid growth, but competition will drive down profits. Although the competition is not completely fierce (not like the catering industry), it is far more competitive than an oligopolistic market.
Jinse Finance reported that QwQiao, co-founder of Alliance DAO, stated on social media that within the next 10 years, if anyone believes that a weighted index composed of Layer 1 tokens of their choice will outperform the stock indices I have listed, I would be happy to bet on it. QwQiao pointed out that most people have a strange misconception that growth = profit = market cap growth. In fact, most industries throughout history have not followed this pattern. There is growth without profit (such as airlines and the catering industry), and there are industries that are profitable without growth (some excellent companies are able to raise prices over time). I believe blockchain will experience rapid growth, but competition will drive down profits. Although the competition is not completely fierce (not like the catering industry), it is far more competitive than an oligopolistic market.
The US Dollar Index falls to a nearly 7-week low, currently at 98.46
Jinse Finance reported that according to market data, the US Dollar Index (DXY) has fallen to a 7-week low, currently quoted at 98.460.
Jinse Finance reported that according to market data, the US Dollar Index (DXY) has fallen to a 7-week low, currently quoted at 98.460.
Spanish police crack a violent kidnapping case related to cryptocurrency
ChainCatcher reported that Spanish police recently cracked a violent kidnapping case targeting cryptocurrency holders. A man and his partner were kidnapped; the man was shot in the leg while attempting to escape and was eventually found murdered in a forest near Mijas, Malaga province. Police have arrested five people in Spain, and four others have been prosecuted in Denmark, highlighting the transnational nature of such criminal networks. As the value of cryptocurrencies rises, similar violent incidents are surging globally.
ChainCatcher reported that Spanish police recently cracked a violent kidnapping case targeting cryptocurrency holders. A man and his partner were kidnapped; the man was shot in the leg while attempting to escape and was eventually found murdered in a forest near Mijas, Malaga province. Police have arrested five people in Spain, and four others have been prosecuted in Denmark, highlighting the transnational nature of such criminal networks. As the value of cryptocurrencies rises, similar violent incidents are surging globally.
Bitget Chinese representative Xie Jiayin reveals that the platform will soon launch a TradFi section
According to ChainCatcher, Bitget's Chinese-speaking head, Xie Jiayin, revealed that Bitget will soon launch a TradFi section, where users will need to create an MT5 account for their first trade. The new section will cover a variety of traditional financial products, including forex, precious metals, commodities, oil, and indices. Specific details such as leverage ratios will be announced soon. Xie Jiayin also reminded users that the platform will host its 33rd Launchpool event of the year at midnight tonight and suggested users prepare BGB to participate.
According to ChainCatcher, Bitget's Chinese-speaking head, Xie Jiayin, revealed that Bitget will soon launch a TradFi section, where users will need to create an MT5 account for their first trade. The new section will cover a variety of traditional financial products, including forex, precious metals, commodities, oil, and indices. Specific details such as leverage ratios will be announced soon. Xie Jiayin also reminded users that the platform will host its 33rd Launchpool event of the year at midnight tonight and suggested users prepare BGB to participate.
Grayscale Bittensor Trust under Grayscale is listed and trading on the OTCQX secondary market
ChainCatcher news, according to The Block, Grayscale Bittensor Trust under Grayscale has started trading on the secondary market OTCQX operated by OTC Markets Group Inc., with the stock symbol GTAO.
The trust fund has remained private since its establishment in August 2024, which means it will now be open to a broader range of investors through public quotations. In addition, Bittensor is expected to undergo halving on December 14, which will reduce the token issuance allocated to network participants, thereby increasing the scarcity of TAO.
ChainCatcher news, according to The Block, Grayscale Bittensor Trust under Grayscale has started trading on the secondary market OTCQX operated by OTC Markets Group Inc., with the stock symbol GTAO.
The trust fund has remained private since its establishment in August 2024, which means it will now be open to a broader range of investors through public quotations. In addition, Bittensor is expected to undergo halving on December 14, which will reduce the token issuance allocated to network participants, thereby increasing the scarcity of TAO.
Former Movement Labs Co-Founder Launches Crypto Investment Program
ChainCatcher reported that Rushi Manche, former co-founder of MOVE Labs, announced today the establishment of Nyx Group, with plans to invest up to 100 million USD to support crypto token projects.
This investment plan will provide liquidity and comprehensive operational support for projects preparing to launch tokens, including community building, financial management, and compliance guidance. Manche stated that Nyx Group aims to fill a "critical gap" in the current crypto market, especially in an environment where founders face difficulties in accessing capital. The team will adopt strict investment standards, supporting only founders deeply trusted by the team, with decisions made by an investment committee. Notably, Manche was previously terminated from Movement Labs due to a controversy involving market-making arrangements for 66 million MOVE tokens. Regarding the new project, he emphasized that Nyx Group will be "the most founder-friendly partner," offering favorable terms and supporting long-term visions.
ChainCatcher reported that Rushi Manche, former co-founder of MOVE Labs, announced today the establishment of Nyx Group, with plans to invest up to 100 million USD to support crypto token projects.
This investment plan will provide liquidity and comprehensive operational support for projects preparing to launch tokens, including community building, financial management, and compliance guidance. Manche stated that Nyx Group aims to fill a "critical gap" in the current crypto market, especially in an environment where founders face difficulties in accessing capital. The team will adopt strict investment standards, supporting only founders deeply trusted by the team, with decisions made by an investment committee. Notably, Manche was previously terminated from Movement Labs due to a controversy involving market-making arrangements for 66 million MOVE tokens. Regarding the new project, he emphasized that Nyx Group will be "the most founder-friendly partner," offering favorable terms and supporting long-term visions.
a16z Releases 17 Major Crypto Trends Predicted for 2026, with Stablecoins and Privacy in the Spotlight
On December 11, a16z Crypto released its 2026 Crypto Industry 17 Trends Prediction Report. The report points out that the annual transaction volume of stablecoins has reached $46 trillion, surpassing PayPal and Visa, and will become the foundational settlement layer of the Internet; privacy technology will become the most important competitive barrier for blockchains; real-world asset tokenization will develop in a more crypto-native manner; the AI agent economy needs to establish a "Know Your Agent (KYA)" mechanism; DeFi security will shift from "code is law" to "norms are law." In addition, the report predicts that personalized wealth management will become accessible to the mass market through crypto technology, prediction markets will achieve larger-scale applications by integrating with AI, and decentralized messaging systems will become key to resisting quantum computing threats.
On December 11, a16z Crypto released its 2026 Crypto Industry 17 Trends Prediction Report. The report points out that the annual transaction volume of stablecoins has reached $46 trillion, surpassing PayPal and Visa, and will become the foundational settlement layer of the Internet; privacy technology will become the most important competitive barrier for blockchains; real-world asset tokenization will develop in a more crypto-native manner; the AI agent economy needs to establish a "Know Your Agent (KYA)" mechanism; DeFi security will shift from "code is law" to "norms are law." In addition, the report predicts that personalized wealth management will become accessible to the mass market through crypto technology, prediction markets will achieve larger-scale applications by integrating with AI, and decentralized messaging systems will become key to resisting quantum computing threats.