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according to data released by KobeissiLetter, the leading economic indicators in the United States continue to deteriorate. The ratio of leading economic indicators to coincident economic indicators has fallen to 0.85, the lowest level since 2008, and this ratio has been declining for four consecutive years.

[The ratio of leading economic indicators to coincident economic indicators in the United States has fallen to 0.85, the lowest level since 2008.]according to data released by KobeissiLetter, the leading economic indicators in the United States continue to deteriorate. The ratio of leading economic indicators to coincident economic indicators has fallen to 0.85, the lowest level since 2008, and this ratio has been declining for four consecutive years.

The ratio of leading economic indicators to coincident economic indicators in the United States has fallen to 0.85, the lowest level since 2008.

&nbsp;market shows LUNC has increased by 70.3% in 24 hours, with a current market value of 342 million USD; LUNA has increased by 38.2% in 24 hours, with a current market value of 131 million USD. The rise of LUNC and LUNA may be related to the market's belief that FTX founder SBF has a potential chance of receiving a pardon.

[LUNC and LUNA surged, leading the market, possibly related to the potential amnesty granted to SBF.]&nbsp;market shows LUNC has increased by 70.3% in 24 hours, with a current market value of 342 million USD; LUNA has increased by 38.2% in 24 hours, with a current market value of 131 million USD. The rise of LUNC and LUNA may be related to the market's belief that FTX founder SBF has a potential chance of receiving a pardon.

LUNC and LUNA surged, leading the market, possibly related to the potential amnesty granted to SBF.

its nearly four-day ETH long position 17 hours ago, ultimately profiting $1.285 million, significantly retracting from a peak unrealized gain of $5.3 million.

[The top two addresses holding long positions in ETH on Hyperliquid have closed their positions.]its nearly four-day ETH long position 17 hours ago, ultimately profiting $1.285 million, significantly retracting from a peak unrealized gain of $5.3 million.

The top two addresses holding long positions in ETH on Hyperliquid have closed their positions.

On December 6, at the 8th General Meeting of Members of the Securities Association of China, CSRC Chairman Wu Qing delivered a speech on the high-quality development of the securities industry. Wu Qing pointed out that the securities industry is at the forefront of the market economy and must continuously innovate financial products on the basis of controllable risks to better meet the needs of various investors and the market. Currently, financial technology innovation is thriving and is profoundly changing and even reshaping the financial market ecosystem. Industry institutions should be adept at adapting to change, responding to change, and seeking change, actively researching, steadily exploring, and promoting the layout and application of technologies such as artificial intelligence, big data, and blockchain in the capital market.

[Wu Qing: Securities companies should continuously innovate financial products on the basis of controllable risks.]On December 6, at the 8th General Meeting of Members of the Securities Association of China, CSRC Chairman Wu Qing delivered a speech on the high-quality development of the securities industry. Wu Qing pointed out that the securities industry is at the forefront of the market economy and must continuously innovate financial products on the basis of controllable risks to better meet the needs of various investors and the market. Currently, financial technology innovation is thriving and is profoundly changing and even reshaping the financial market ecosystem. Industry institutions should be adept at adapting to change, responding to change, and seeking change, actively researching, steadily exploring, and promoting the layout and application of technologies such as artificial intelligence, big data, and blockchain in the capital market.

Wu Qing: Securities companies should continuously innovate financial products on the basis of controllable risks.

&nbsp;Aave founder Stani Kulechov stated that the recent DeFi tax guidance issued by the UK’s HM Revenue and Customs (HMRC) may mark a turning point for crypto lending in the UK.

[Aave founder: New UK tax rules simplify taxation and promote institutional adoption of cryptocurrency.]&nbsp;Aave founder Stani Kulechov stated that the recent DeFi tax guidance issued by the UK’s HM Revenue and Customs (HMRC) may mark a turning point for crypto lending in the UK.

Aave founder: New UK tax rules simplify taxation and promote institutional adoption of cryptocurrency.

Minh Phuong Ngoc Vong, a 40-year-old man from Maryland, was sentenced to 15 months in prison and three years of supervised release for helping North Korean agents secretly infiltrate American technology companies. Between 2021 and 2024, Vong used fake credentials to obtain software development positions at at least 13 American companies, which paid him over $970,000 in salary, while the actual work was done remotely by North Korean agents located in China.

[Maryland man sentenced to 15 months in jail for helping North Korean infiltrate U.S. tech companies.]Minh Phuong Ngoc Vong, a 40-year-old man from Maryland, was sentenced to 15 months in prison and three years of supervised release for helping North Korean agents secretly infiltrate American technology companies. Between 2021 and 2024, Vong used fake credentials to obtain software development positions at at least 13 American companies, which paid him over $970,000 in salary, while the actual work was done remotely by North Korean agents located in China.

Maryland man sentenced to 15 months in jail for helping North Korean infiltrate U.S. tech companies.

&nbsp;according to CryptoOnchain data, the Bitcoin SOPR ratio has dropped to 1.35, reaching its lowest level since the beginning of 2024. As BTC retraces to $89,700, this indicator shows that market profits have undergone a "thorough reset."

[Data: Bitcoin's SOPR ratio has fallen to 1.35, indicating a complete "reset" of market profitability.]&nbsp;according to CryptoOnchain data, the Bitcoin SOPR ratio has dropped to 1.35, reaching its lowest level since the beginning of 2024. As BTC retraces to $89,700, this indicator shows that market profits have undergone a "thorough reset."

Data: Bitcoin's SOPR ratio has fallen to 1.35, indicating a complete "reset" of market profitability.

&nbsp;on December 5 local time, U.S. Federal District Judge Rodney Smith ordered the release of the federal grand jury investigation documents in the Epstein case. It is reported that the federal grand jury investigation records regarding Epstein from 2005 to 2007 will be made public.&nbsp;

[A US judge has ordered the release of the grand jury investigation records in the Epstein case.]&nbsp;on December 5 local time, U.S. Federal District Judge Rodney Smith ordered the release of the federal grand jury investigation documents in the Epstein case. It is reported that the federal grand jury investigation records regarding Epstein from 2005 to 2007 will be made public.&nbsp;

A US judge has ordered the release of the grand jury investigation records in the Epstein case.

&nbsp;according to on-chain analyst @ai_9684xtpa, Brother Maji's long position has turned from profit to loss for the Nth time. ETH has nearly fallen back to Maji's opening price of $3,058.06, with only $79.63 left before the liquidation price of $2,978.43; currently, his position of 7,250 ETH (22.01 million USD) is at an unrealized loss of $152,000, after previously having an unrealized profit of over $2 million which has now been fully withdrawn.

[Brother Machi's ETH long position is only $79.63 away from the liquidation price.]&nbsp;according to on-chain analyst @ai_9684xtpa, Brother Maji's long position has turned from profit to loss for the Nth time. ETH has nearly fallen back to Maji's opening price of $3,058.06, with only $79.63 left before the liquidation price of $2,978.43; currently, his position of 7,250 ETH (22.01 million USD) is at an unrealized loss of $152,000, after previously having an unrealized profit of over $2 million which has now been fully withdrawn.

Brother Machi's ETH long position is only $79.63 away from the liquidation price.

StarkWare CEO and Zcash co-founder Eli Ben-Sasson posted on the X platform stating that in his first conversation with Strategy founder and executive chairman Michael Saylor, he explained Starknet's mission, which is to promote the development of the Bitcoin economy. In addition, another topic they discussed was privacy. Saylor believes that Bitcoin should not have privacy features, or at least should not adopt privacy models similar to Zcash, as this would give sovereign states reasons to ban it. Ben-Sasson disagrees with this. Ben-Sasson believes that both can be balanced, providing privacy protection while allowing viewing keys.

[Michael Saylor, co-founder of Zcash, believes that Bitcoin should not adopt a privacy model similar to Zcash.]StarkWare CEO and Zcash co-founder Eli Ben-Sasson posted on the X platform stating that in his first conversation with Strategy founder and executive chairman Michael Saylor, he explained Starknet's mission, which is to promote the development of the Bitcoin economy. In addition, another topic they discussed was privacy. Saylor believes that Bitcoin should not have privacy features, or at least should not adopt privacy models similar to Zcash, as this would give sovereign states reasons to ban it. Ben-Sasson disagrees with this. Ben-Sasson believes that both can be balanced, providing privacy protection while allowing viewing keys.

Michael Saylor, co-founder of Zcash, believes that Bitcoin should not adopt a privacy model similar to Zcash.

XRP Ledger Explodes As Activity Experiences One of Its Strongest Growth Waves Yet

Stablecoin Laws ‘Coming This Month,’ FDIC Acting Chair Reveals

Ripple Reveals How It’s Hijacking A $16 Trillion Industry Using The XRP Ledger

Ethereum Network Fatigue? Monthly On-Chain Transactions Drops As Activity Slows Down

Strategy Bitcoin buys collapse, company bracing for bear market: Analyst

Michael Saylor, co-founder of Zcash, believes that Bitcoin should not adopt a privacy model similar to Zcash.

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