According to Solidus Labs, a Telegram group called "PumpCell" orchestrated multiple highly coordinated pump-and-dump scams on Solana and BNB Chain. The group used synchronized token deployments, sniper-bot buying, fabricated narratives, and meme-driven hype to inflate the value of small-cap tokens to seven-figure valuations within minutes.

An investigation by Solidus Labs revealed that the group estimated to have made $800,000 in profits by October 2025, transferring funds through centralized exchanges and over-the-counter (OTC) cash brokers, allegedly in an attempt to evade regulatory compliance.

Solidus Labs points out that the pseudonymity of Automated Market Makers (AMMs), bot-executed transactions, and cross-chain operations in the crypto asset market makes such schemes difficult to detect with traditional monitoring tools. The firm warns that "PumpCell" reflects a broader evolution in digital asset abuse patterns.

Odaily Planet Daily reports that Tom Lee posted on the X platform that today is the Federal Reserve meeting day (December Federal Open Market Committee meeting decision). For the past four weeks, the market has struggled, and no one was willing to go long on stocks before a "hawkish rate cut." This seems to increase the likelihood of a stock market rally after the Fed's decision.

According to Odaily Planet Daily, Aster announced on its X platform that its stock perpetual contracts (NVDA, TSLA, AMZN, AAPL, etc.) are now completely free of charge, with both maker and taker fees at 0%.

According to Odaily Planet Daily, Binance co-founder He Yi posted on the X platform that her rarely used WeChat account was hacked early this morning. Some users who saw her posts on WeChat blindly bought a meme coin due to their trust in her, resulting in losses. She will personally allocate BNB for an airdrop to users who traded the meme coin using Binance's keyless wallet and Alpha platform during the period her WeChat account was hacked and who suffered absolute losses. The airdrop will be completed within 24 hours.

Neither she, the official Binance account, nor Binance employees will recommend any meme coins. Such content lacks long-term viability, and the tokens have no price support. We urge everyone to carefully verify online information and make responsible investment decisions. There will be no similar subsidies in the future.

According to Odaily Planet Daily, Fidelity Digital Assets stated on its X platform that after approaching the $90,000 mark, BTC regained its upward momentum as macroeconomic expectations shifted. Buyers entered the market around $85,500 (approximately 32% lower than the all-time high), purchasing about 430,000 BTC, indicating that this price level constitutes significant support. Market volatility is currently stable, and the company will closely monitor the market's reaction to today's Federal Reserve meeting.

According to Odaily Planet Daily, the market widely expects the Federal Reserve to cut interest rates this week, with an 88% probability of a 25 basis point cut. Weak labor market data and stable inflation support these expectations, but a lack of new economic data suggests internal divisions within the Fed. Chairman Jerome Powell may issue a warning along with the rate cut, stating that future policy actions will depend on upcoming data. The market may still expect another rate cut in January. Leadership uncertainty is also adding to market uncertainty, as President Trump is preparing to interview candidates to succeed Powell next year.

According to Odaily Planet Daily, Ark Invest CEO Cathie Wood stated in an interview with Fox Business that Bitcoin's historical four-year cycle will be "broken" due to the massive influx of institutional investors.

Cathie Wood believes that institutional entry into this new asset class will prevent a larger drop in Bitcoin's price, and that Bitcoin's volatility is decreasing.

She also pointed out that Bitcoin is now playing the role of a "risk-on asset," in contrast to gold, which is more of a "risk-off asset."

Furthermore, Standard Chartered, a British bank, expressed a similar view in a report released earlier this week, arguing that the emergence of ETFs has rendered the traditional Bitcoin halving cycle "no longer relevant" as a price driver. Standard Chartered has lowered its 2025 Bitcoin price forecast from $200,000 to $100,000.

According to Coinglass data, as reported by Odaily Planet Daily, 126,077 people worldwide were liquidated in the past 24 hours, with a total liquidation amount of $439 million. Of this, $124 million was liquidated from long positions and $315 million from short positions. The largest single liquidation occurred on the HTX platform's BTC-USDT trading pair, worth $23.9894 million.

Odaily Planet Daily reports that HashKey Holdings, the parent company of HashKey Exchange, continues to see active subscriptions in the IPO market. It is understood that the international offering has been oversubscribed, attracting long-term funds, including international and Chinese institutions.

Meanwhile, the public offering portion of the offering has been met with enthusiastic response. According to the latest data from several securities firms as of press time, the total amount of funds lent through securities firms for subscription has climbed to approximately HK$24.898 billion. Based on the HK$167 million raised in the public offering portion, this represents an initial oversubscription of approximately 148.91 times. HashKey Holdings' IPO will close on December 12th.

According to Odaily, a federal judge has temporarily blocked Connecticut's enforcement of gambling laws against prediction market platform Kalshi and ordered state regulators to suspend any enforcement action while the court weighs the company's preliminary injunction request.

U.S. District Judge Victor Bolden, in an order Monday, directed state officials not to take enforcement action against any of the conduct described in the cease-and-desist letter pending a court ruling on Kalshi's preliminary injunction motion. The cease-and-desist letter, issued last week by the Connecticut Department of Consumer Protection to Kalshi and Crypto.com, demanded they cease what the state regulator calls unlicensed online sports betting operations.

Kalshi argues that as a CFTC-designated contract marketplace, it enjoys exclusive federal jurisdiction, while Connecticut claims the contracts violate state gambling laws. Oral arguments for the preliminary injunction are scheduled for February 12, 2026.

Morgan Stanley Investment Management stated in its outlook report that the current 10-year US Treasury yield, near 4%, may be too low relative to the US economic outlook. The company believes that economic growth in 2026 is facing increasingly strong tailwinds. "Stronger growth combined with persistent inflation is likely to lead the Federal Reserve to cut interest rates less than currently priced in by the market over the next 12 to 18 months." Against this backdrop, Morgan Stanley Investment Management has adopted an underweight position on US Treasuries. (Jinshi)

Twenty One Capital, trading under the ticker symbol XXI on the New York Stock Exchange (NYSE) following its merger with Cantor Equity Partners, holds over 43,000 BTC on its balance sheet, worth nearly $4 billion, making it one of the world's largest publicly traded Bitcoin holders. However, its first day of trading was lackluster, with XXI's share price hovering around $11, below the nearly $14 closing price of Cantor Equity Partners before the merger. XXI's debut follows the pattern of other Bitcoin treasury IPOs this year, often trading below their pre-merger benchmark price as Bitcoin prices remain below their highs and the sector's premium continues to narrow. Twenty One Capital is backed by minority stakes in Tether, Bitfinex, and SoftBank, and management plans to build financial infrastructure and educational products around Bitcoin. Observers suggest that companies with a large Bitcoin holding on their balance sheets are facing shrinking premiums as the market increasingly favors clearer operating models.

According to Lookonchain, BlackRock has just deposited 2,196 bitcoins, worth $202.76 million, into Coinbase Prime.

According to an article published on the X platform by Bitcoin Magazine, Odaily Planet Daily, American Bitcoin, backed by Eric Trump and Donald Trump Jr., has purchased an additional 416 BTC. The entity now holds a total of 4,784 BTC.

According to Odaily, an Ethereum ICO wallet (0x782F) holding 850 ETH (worth $2.82 million) has just transferred 1 ETH to Coinbase after more than 10 years of inactivity. The wallet holder invested only $263.50 in the ICO, receiving 850 ETH, which is now worth $2.82 million, representing a return of 10,684 times.

Odaily Planet Daily reports that the 10-year U.S. Treasury yield rose to 4.209%, its highest level since early September, as the market awaits the Federal Reserve's interest rate decision and economic forecasts. While the market widely expects the Fed to cut rates by 25 basis points, investors are concerned that the Fed may signal limited room for further rate cuts. TD Securities analysts predict that the Fed will signal that further rate cuts will depend on economic data. However, the U.S. interest rate market has largely priced in this stance. Therefore, analysts point out that if yields rise further after the decision is announced, the magnitude may be limited, and a slight pullback is likely to occur soon. (Golden Ten)