On November 11th, the on-chain data analysis platform CryptoQuant disclosed that the Bitcoin Stablecoin Supply Ratio (SSR) has fallen back to around 13. This level precisely corresponds to market bottoms in mid-2021, late 2022, and early 2024. The SSR indicator measures the ratio of Bitcoin market capitalization to the total stablecoin value; a declining value indicates that there is a large amount of "dry powder" (stablecoin reserves) waiting to enter the market. Meanwhile, data from major centralized exchanges (CEX) shows that Bitcoin reserves are continuously decreasing while stablecoin balances are rising, forming a typical accumulation signal. Analyst MorenoDV stated that the current environment offers an "asymmetric opportunity" for long-term buyers. Technical analysis suggests that if historical fractals repeat, Bitcoin could advance toward a target of $150,000.

Public companies are increasingly holding Solana (SOL) as a treasury asset — not just for price exposure, but also for yield from staking and validator operations. According to Solana Reserve’s new Strategic SOL Reserve (SSR) dashboard, around 1.03%

Bitcoin(BTC) is currently reported at $119,000. Although it maintains an upward trend line, the stablecoin supply ratio(SSR) is approaching a multi-month high, indicating insufficient incremental ammunition. The miner sell pressure index(MPI) has plummeted by 32% to -1.06, showing reluctance to sell, but the MVRV Z-score has risen to 2.83, suggesting a profit-taking risk. There are $1.4 billion in long positions liquidations accumulated in the $120,000-$122,000 range, and the liquidity minefield could trigger extreme fluctuations.

According to CoinVoice, Decentralized Finance protocol Sky will execute an update on December 9, with SSR increasing to 12.5% and DSR increasing to 11.5%. At the same time, stable fee parameters will also be updated, including ETH-A increasing to 12.75% and WBTC-A increasing to 16.25%, etc.

Sky Protocol announced that it will update the Intrerest Rate and stability fee parameters on December 9th, including increasing the Intrerest Rate and fee for Sky, Dai, ETH, WSTETH, and WBTC.

Skyprotocol will undergo proposed changes, the Intrerest Rate for savings will be increased, SSR will be increased to 12.5%, DSR will be increased to 11.5%. At the same time, the stable fees for ETH, WSTETH, and WBTC will also pump.

Life is like a box of chocolates, you never know what the next one will taste like. Whether in Web2 or Web3, blind box gameplay is common in the art market. Bubble Mart has carved a niche in the trendy entertainment circle with its blind boxes, and its market value has approached HK$150 billion within two months of its listing. But when the popularity subsided, a series of shortcomings such as duplication of IP in the blind box gameplay, imperfect narrative, and inability to keep consumers enthusiastic were also exposed. Similarly, there are also many blind box gameplays in NFT. How to grasp the balance between player surprise and narrative construction is an issue that all project parties need to consider. Now that NFT liquidity is close to drying up, it may be a good time to experiment. An in-depth analysis of the consumption logic behind the blind box gameplay Why are these game methods like collecting Water Margin cards, drawing SSR, unboxing, and blind boxes so successful? In fact, they are all variations of forms of gambling that can be viewed...