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Bitcoin Fear and Greed Index is 10. Extreme Fear.
Current Price: $68240.26.

[Bitcoin Fear and Greed Index is 10]Bitcoin Fear and Greed Index is 10. Extreme Fear.
Current Price: $68240.26.

Bitcoin Fear and Greed Index is 10

check Surges 16.66% in 24H, Currently at 0.09138 USDT

【check currently trades at 0.09138 USDT, up 16.66% in 24h, according to HTX market data.】check Surges 16.66% in 24H, Currently at 0.09138 USDT

check currently trades at 0.09138 USDT, up 16.66% in 24h, according to HTX market data.

&nbsp;according to the latest data from the Forbes Billionaires List, Tesla CEO Elon Musk's personal assets have approached $850 billion. According to the prediction platform Kalshi, he has a 78% chance of becoming the world's first trillionaire this year.

[Foreign media: Musk has an nearly 80% chance of becoming the world's first trillionaire this year.]&nbsp;according to the latest data from the Forbes Billionaires List, Tesla CEO Elon Musk's personal assets have approached $850 billion. According to the prediction platform Kalshi, he has a 78% chance of becoming the world's first trillionaire this year.

Foreign media: Musk has an nearly 80% chance of becoming the world's first trillionaire this year.

&nbsp;Wang Yongli, former deputy governor of the Bank of China, wrote an article titled "Where Does the Huge Increase in Money Supply Come From," pointing out that modern currency has completely transformed from metal-backed paper money into a form no longer anchored to any specific tradable wealth asset. Both monetary theory and practice have fully demonstrated that anchoring to any specific wealth will inevitably cause the total money supply to struggle to follow the changes in the total value of tradable wealth, and will severely restrict or hinder exchanges, transactions, and socio-economic development due to money shortages. Therefore, returning to the metal standard or re-anchoring currency (such as Bitcoin and other crypto assets, rare earths, energy, etc.) is a misunderstanding of the nature and development laws of money.

[Wang Yongli: Using crypto assets such as Bitcoin to re-anchor currency is a misunderstanding of the laws governing monetary development.]&nbsp;Wang Yongli, former deputy governor of the Bank of China, wrote an article titled "Where Does the Huge Increase in Money Supply Come From," pointing out that modern currency has completely transformed from metal-backed paper money into a form no longer anchored to any specific tradable wealth asset. Both monetary theory and practice have fully demonstrated that anchoring to any specific wealth will inevitably cause the total money supply to struggle to follow the changes in the total value of tradable wealth, and will severely restrict or hinder exchanges, transactions, and socio-economic development due to money shortages. Therefore, returning to the metal standard or re-anchoring currency (such as Bitcoin and other crypto assets, rare earths, energy, etc.) is a misunderstanding of the nature and development laws of money.

Wang Yongli: Using crypto assets such as Bitcoin to re-anchor currency is a misunderstanding of the laws governing monetary development.

according to on-chain analyst Ai Yi's monitoring, the address 0xed4…c6029 has become the most profitable address for Hyperliquid's Ethereum short positions. Since opening the position on December 10, it has cumulatively held a 25x leveraged short position on 8,510 ETH. The last increase was 3 days ago, with an average opening price of $2,978.15, currently floating a profit of $8.277 million.

[The address with the largest unrealized profit on Ethereum short positions on HyperLiquid currently holds a floating profit of $8.277 million.]according to on-chain analyst Ai Yi's monitoring, the address 0xed4…c6029 has become the most profitable address for Hyperliquid's Ethereum short positions. Since opening the position on December 10, it has cumulatively held a 25x leveraged short position on 8,510 ETH. The last increase was 3 days ago, with an average opening price of $2,978.15, currently floating a profit of $8.277 million.

The address with the largest unrealized profit on Ethereum short positions on HyperLiquid currently holds a floating profit of $8.277 million.

according to Onchain Lens monitoring, an address associated with the Pump.fun custody wallet sold 543.23 million PUIMP tokens 2 hours ago, receiving 1.207 million USDC. This wallet received 3.75 billion PUMP tokens 7 months ago, valued at 25.39 million USD.

[Two hours ago, an address associated with the Pump.fun custodian wallet sold 543.23 million PUIMP tokens.]according to Onchain Lens monitoring, an address associated with the Pump.fun custody wallet sold 543.23 million PUIMP tokens 2 hours ago, receiving 1.207 million USDC. This wallet received 3.75 billion PUMP tokens 7 months ago, valued at 25.39 million USD.

Two hours ago, an address associated with the Pump.fun custodian wallet sold 543.23 million PUIMP tokens.

enso Surges 10.51% in 24H, Currently at 1.1474 USDT

【enso currently trades at 1.1474 USDT, up 10.51% in 24h, according to HTX market data.】enso Surges 10.51% in 24H, Currently at 1.1474 USDT

enso currently trades at 1.1474 USDT, up 10.51% in 24h, according to HTX market data.

HTX data showed that BTC broke through 69000  USDT and is now at 69017.74 USDT, with a increase of 0.21% in 24H.

[BTC broke through 69000  USDT] HTX data showed that BTC broke through 69000  USDT and is now at 69017.74 USDT, with a increase of 0.21% in 24H.

BTC broke through 69000  USDT

up Surges 10.03% in 24H, Currently at 0.034855 USDT

【up currently trades at 0.034855 USDT, up 10.03% in 24h, according to HTX market data.】up Surges 10.03% in 24H, Currently at 0.034855 USDT

up currently trades at 0.034855 USDT, up 10.03% in 24h, according to HTX market data.

The Hong Kong Monetary Authority today released a research report titled “An Assessment Of The Volatility Spillover From Crypto To Traditional Financial Assets: The Role Of Asset-backed Stablecoins.” The report said that with a perceived stable value offered by the backing of traditional financial assets, asset-backed stablecoins play a pivotal role in the crypto ecosystem. However, these stablecoins bear liquidity mismatch risks similar to money market funds, which may expose them to a fire-sale of reserve assets in times of crypto ecosystem instability and in turn increase the volatility of these reserve assets. In extreme circumstances, failures of stablecoins or other crypto assets could result in large-scale redemptions of asset-backed stablecoins and a fire-sale of their reserve assets, potentially posing material impacts on the traditional financial system.
The report said that as the crypto ecosystem continues to expand and is increasingly exposed to the financial sector, the linkages between crypto and traditional financial assets are likely to become stronger, potentially increasing the risk spillover discussed above. Importantly, the crypto ecosystem remains largely outside the oversight of regulators, with large data gaps impeding their assessments of the spillover risk. Given that the international regulatory community is considering putting in place appropriate regimes to regulate stablecoins, this study concludes with two suggestions that regulators may consider: 1. Requiring standardised and regular disclosures by the issuers of asset-backed stablecoins on their reserve assets holdings which could help regulators assess and compare their liquidity condition and potential liquidity mismatch risk. This could enable regulators to consider, in a more timely manner, taking appropriate measures to reduce the spillover risk in times of market disruption; 2. Strengthening the asset-backed stablecoins' liquidity management, possibly by imposing restrictions on the composition of reserve assets and requiring welldefined redemption rights, which may also help reduce the spillover risk.

Detail

【HKMA: Stablecoin volatility may spill over to traditional finance】The Hong Kong Monetary Authority today released a research report titled “An Assessment Of The Volatility Spillover From Crypto To Traditional Financial Assets: The Role Of Asset-backed Stablecoins.” The report said that with a perceived stable value offered by the backing of traditional financial assets, asset-backed stablecoins play a pivotal role in the crypto ecosystem. However, these stablecoins bear liquidity mismatch risks similar to money market funds, which may expose them to a fire-sale of reserve assets in times of crypto ecosystem instability and in turn increase the volatility of these reserve assets. In extreme circumstances, failures of stablecoins or other crypto assets could result in large-scale redemptions of asset-backed stablecoins and a fire-sale of their reserve assets, potentially posing material impacts on the traditional financial system.
The report said that as the crypto ecosystem continues to expand and is increasingly exposed to the financial sector, the linkages between crypto and traditional financial assets are likely to become stronger, potentially increasing the risk spillover discussed above. Importantly, the crypto ecosystem remains largely outside the oversight of regulators, with large data gaps impeding their assessments of the spillover risk. Given that the international regulatory community is considering putting in place appropriate regimes to regulate stablecoins, this study concludes with two suggestions that regulators may consider: 1. Requiring standardised and regular disclosures by the issuers of asset-backed stablecoins on their reserve assets holdings which could help regulators assess and compare their liquidity condition and potential liquidity mismatch risk. This could enable regulators to consider, in a more timely manner, taking appropriate measures to reduce the spillover risk in times of market disruption; 2. Strengthening the asset-backed stablecoins' liquidity management, possibly by imposing restrictions on the composition of reserve assets and requiring welldefined redemption rights, which may also help reduce the spillover risk.

HKMA: Stablecoin volatility may spill over to traditional finance

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Bitcoin Fear and Greed Index is 12

HKMA: Stablecoin volatility may spill over to traditional finance

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

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