A certain diamond hand trader bought 24.8 million PIPPIN for 450 SOL, held it for a year, and sold it for 29,527 SOL, making a profit of 3.74 million dollars, with a profit rate of 4066%. Although at one point the profit reached 7.6 million dollars and was not realized in time, this time they successfully profited by seizing the rebound opportunity.

PANews, December 1st news, according to official sources, the Web3 digital asset trading platform Websea today officially announced that it has received strategic investment from the private sale institution Hongyi (Hongyi Culture). According to the introduction, Websea is a Web3 digital asset trading platform designed specifically for the global younger generation, integrating various functions such as capital protection copy trading, contract insurance, live interaction, and GameFi. The platform's native token WBS has built a unique Web3 token economic system; since its establishment in 2023, Websea has obtained regulatory licenses in the United States, Canada, and Australia.

The digital asset trading platform Websea has received strategic investment from Hongyi Culture, marking the first deep investment of traditional capital in the Web3 field. Websea was established in 2023 and has obtained relevant licenses in multiple countries, launching various guarantee-type products. This cooperation will promote the platform's development and ecosystem construction.

Odaily News Sources say that Trump trusts Hassett and believes that he is aligned with him on the desire to push the Central Bank for more aggressive interest rate cuts. Hassett has stated that he would accept the position if invited. Last week, U.S. Treasury Secretary Becerra, who is overseeing the selection process, indicated that Trump might announce his nominee before the Christmas holiday. Other finalists besides Hassett include Federal Reserve Board of Governors member Christopher Waller, Michelle Bowman, former Federal Reserve Board member Kevin Warsh, and BlackRock's Rick Rieder. Trump has also frequently expressed a desire for Becerra to serve as chairman, but Becerra has repeatedly declined.

Odaily News Elon Musk stated in an interview today that he does not make investments or pick stocks himself, but based on trends, the true drivers of value creation in the future will be artificial intelligence, Bots, and aerospace. Companies like Google and Nvidia, which have already established a solid technical foundation in the AI field, will occupy almost all of the value in the future, as the output of goods and services brought by AI and Bots will far exceed that of other industries. Musk also mentioned that AI and Bots will lead to severe deflation, possibly within three years. (Wall Street Journal)

According to ChainCatcher news and a report by Forbes, CEX's Spot and derivatives trading volume surged to $9.72 trillion in August, setting an annual record; the annual trading volume of major exchanges reached $80 trillion. The market is showing a dual-track development: CEX attracts institutions and retail investors with high liquidity, compliant frameworks, and user-friendly interfaces; DEX, on the other hand, achieves cross-chain trading and yields through smart contracts, with platforms like Hyperliquid gaining attention due to deep liquidity pools. Both modes have their challenges: CEX faces regulatory risks and single points of failure, while DEX must deal with smart contract vulnerabilities and complex user experiences. The future trend points towards a hybrid model: combining the speed and liquidity of CEX with the autonomy and innovation of DEX. Cross-chain interoperability, atomic swaps, and liquidity aggregators are eliminating ecological fragmentation, paving the way for mainstream adoption.

Golden Finance reports that today we are simultaneously launching two official model versions: DeepSeek-V3.2 and DeepSeek-V3.2-Speciale. DeepSeek-V3.2 is our first model to integrate thinking into tool usage, and it simultaneously supports both thinking mode and non-thinking mode for tool calls. We proposed a large-scale agent training data synthesis method, constructing a vast number of "hard to answer, easy to verify" reinforcement learning tasks (1800+ environments, 85,000+ complex instructions), significantly enhancing the model's generalization ability. (DeepSeek)

PANews, December 1st news, according to SolanaFloor data, HumidiFi set a record in November, capturing 35% of the Solana ecosystem DEX volume, which is its highest share since its launch, becoming the largest DEX on Solana with a monthly trading volume of $38 billion.

In November, Bitcoin spot ETF experienced the most severe monthly outflow of funds since the beginning of the year, with a total net outflow of $3.48 billion. According to SoSoValue data, from November 12 to 18, the ETF saw fund withdrawals for five consecutive weeks, with the largest single-day outflow occurring on November 20, reaching $903 million. At the end of the month, the market warmed up, with three consecutive days of net inflow, partly due to Nasdaq ISE submitting an application to quadruple the options trading capacity linked to BlackRock iShares Bitcoin Trust (IBIT).

On December 1st, during the Asian early session, the price of Bitcoin fell nearly 5%, dropping below $87,000, erasing recent gains. This decline is mainly attributed to the surge in Japanese government bond yields, which triggered a risk aversion sentiment, coupled with low trading volume leading to severe market liquidity shortages. Data shows that Bitcoin has moved down from the $91,000 consolidation range, with the total market capitalization of Crypto Assets evaporating by about $150 billion. 10x Research pointed out that the crypto market experienced its lowest trading volume week since July, with a thin order book unable to withstand institutional selling pressure, causing the price decline to evolve from a technical correction into a liquidity crisis. BRN research director Timothy Misir stated that this is not a controlled correction, but rather a liquidity shock caused by position adjustments and macro re-pricing. In November, Bitcoin's market capitalization fell by nearly 18%, and market momentum quickly reversed, forcing leveraged long positions to be liquidated.

Crypto analyst Michaël van de Poppe pointed out that the fall of Bitcoin at the beginning of December is a normal adjustment in the market consolidation, rather than a trend weakness. This wave of decline is mainly influenced by algorithmic trading, lack of liquidity, and the testing of key resistance levels. Van de Poppe stated that the price fluctuations in early December are in line with historical patterns. With the automation trading systems resetting, short-term selling pressure has emerged, especially in the case of weak liquidity, where even moderate sell orders could trigger a price fall. The weakening market liquidity is related to the previous large-scale sell-off, during which many market makers reduced trading activities, resulting in the current market being more sensitive to selling pressure.

XRP price fell to $2 on Monday, sparking traders' interest in the upcoming Spot XRP ETF. In the overall dumping wave of the Crypto Assets market, XRP's decline surpassed that of Ethereum and BNB, primarily influenced by the liquidation of leveraged positions and ETF expectations. Data shows a significant outflow of funds from the sector in the past 12 hours, indicating clear short-term selling pressure. Market analysts point out that this decline was not triggered by any new fundamental events, but rather typical leverage liquidation and "news dumping" effects. Traders view the Spot XRP ETF as a potential bearish factor, similar to the market reaction when Canary Capital and Bitwise launched their products. Historical experience shows that the initial listing of an ETF is often accompanied by short-term price fluctuations, followed by a possible correction.

Foresight News reports that the FHE Cryptography company Zama announced it will sell 10% of its ZAMA Token supply through a Dutch auction on Ethereum. The auction will take place from January 12 to 15, and distribution will begin on January 20. The auction uses the Zama protocol to maintain bid confidentiality, aimed at achieving fair distribution and real price discovery, avoiding Bots snatching and Gas Fee wars, and the tokens will be unlocked immediately after the auction ends. ZAMA is the utility token of the Zama protocol, primarily used to pay for encryption and decryption fees, and can be staked or delegated to operators, helping to protect FHE coprocessors and KMS Nodes. The Zama Mainnet is expected to launch by the end of the year, and ZAMA will be fully online before the auction.

Japan is preparing to reform its Crypto Assets tax rules by imposing a uniform 20% tax rate on trading profits, allowing digital assets to enjoy the same treatment as mainstream investments such as stocks and investment trusts. According to the Nikkei News, this marks a significant shift in Japan's approach to handling profits from Crypto Assets, which is expected to alleviate long-standing frustrations among investors. According to the plan, starting from 2026, the income from Crypto Assets trading will no longer be combined with wages or business income, but will be subject to a separate tax system: 15% will be paid to the central government, and 5% will be allocated to local governments. Currently, the gains from Crypto Assets are taxed at progressive rates, with a maximum of 55%, which can distort investor behavior. In contrast, stock and investment trust gains are uniformly taxed at 20%. Legislators supporting the reform believe that reducing the tax burden can invigorate market trading, encourage innovation in the blockchain and technology sectors, and promote digital assets as a standard investment category.

PANews, December 1st news, the Interchain Foundation (ICF) of the Cosmos ecosystem informed the community that ICF will transfer the ATOM tokens from its main multisignature wallet to the CL Wallet. This transfer is to meet the operational needs of CL as a subsidiary of ICF.

BlockBeats news, on December 1, the cryptocurrency trading platform Websea officially announced that globally renowned cryptocurrency industry leader Herbert R. Sim has officially returned to Websea as Chief Marketing Officer (CMO), fully responsible for advancing global market and brand strategy. Hebert was deeply involved in the early construction of Websea and has extensive experience in international marketing and ecological expansion, with a high recognition and profound understanding of Websea's innovative concepts and brand values. For a long time, he has been active at the forefront of global Web3, providing strategic consulting for multiple leading projects, accumulating a wealth of experience and resources in international marketing, brand layout, and ecological building. It is reported that Hebert will be fully responsible for the implementation of global market and brand strategy, focusing on differentiated market strategies and continuously expanding growth.

On December 1st, the price of Bitcoin fell over 6% in the past 24 hours, reaching a low of $85,653 during the session, while the global market capitalization of Crypto Assets dipped over 5% to about $2.92 trillion. Legendary trader Peter Brandt posted a bearish prediction on the X forum, warning that Bitcoin may dip further. Brandt shared a logarithmic weekly chart of Bitcoin, showing the tops and bottoms of Bitcoin prices over the past 12 years. The upper boundary of the green area in the chart is below $70,000, while the lower boundary support level is around $40,000, suggesting that there is still room for Bitcoin to fall. He noted that as the market enters a bear market, institutional investors and financial companies may trigger large-scale sell-offs, causing Bitcoin to dip below $50,000. Nevertheless, Brandt remains optimistic about Bitcoin's long-term prospects.

As of late November to early December, the trading price of Cardano (ADA) remained around $0.41, down over 85% from its peak in 2021. It closed at $0.42 on November 25, with a slight fluctuation in the range of $0.413 to $0.422 within 24 hours, rising about 1%. The spot trading volume exceeded $540 million, with an on-chain lock-up position valued at approximately $185 million, DEX trading volume around $1.8 million, and about 19,000 active addresses, indicating a stable user base but a lack of new demand. The data for derivatives is significantly different. According to Coinglass, the 24-hour trading volume for ADA futures reached approximately $670 million, while the spot volume was only about $76 million, with open interest at around $735 million. The substantial gap between derivatives and spot reflects that the market is primarily driven by high-leverage short-term trading, with long-term buyers yet to make a significant entry.

Bitcoin has fallen 5% in the past 24 hours, dropping to a low of $85,694, and is currently hovering around $86,800, a pullback of 31% from its historical high. Over the past month, the cumulative decline has exceeded 21%, with high Beta assets like Ethereum and Ripple also experiencing declines of 5.6% and 6.5%, respectively. Market risk aversion has increased, with CoinGlass data showing total liquidations reaching $637 million, of which long positions accounted for $568 million. SynFutures COO Wenny Cai stated that this round of plunge is due to a "momentum-driven accelerated fall" that triggered large-scale long positions liquidations, with further liquidation driving spot and derivatives sell-offs, creating a chain reaction. Another core factor of market panic comes from MicroStrategy CEO Phong Le's remarks — if dividends need to be paid at a price below 1x mNAV, the company "may sell Bitcoin." MicroStrategy holds approximately 649,870 Bitcoins, worth over $56 billion, and their statement has raised investor concerns about supply pressures.

The crypto assets market experienced its worst falling trend since February at the close of November. The volume on centralized exchanges (CEX) plummeted to $1.59 trillion, a 26.7% month-on-month decline, while Bitcoin ETF recorded a net outflow of $3.48 billion in a single month - the worst performance since February. The price of Bitcoin fell below $86,000 on Monday, plunging 6% during the Asian session, with a cumulative decline of 32% from the October high, triggering over $600 million in liquidations. BTC ($188.5 million) and ETH ($139.6 million) bulls were the hardest hit, and market panic spread.

Monad (MON) quickly became the market focus after completing a $269 million ICO at an astonishing speed. However, within just a few days, market sentiment took a sharp turn, and the token price has fallen by 24%, raising sustainability concerns. Maelstrom CIO Arthur Hayes stated in an interview that, apart from BTC, SOL, and ETH, most Layer 1 projects will eventually go to zero, and Monad is no exception. He believes that MON is a typical "high FDV, low circulation VC Token," and the short-term rise cannot hide the risk of a 99% fall in the future. Hayes pointed out that the proportion of insiders locking their holdings is too high, and once the Token is unlocked, a large-scale sell-off may occur.

Odaily News Silver prices reached $58 per ounce for the first time, with a 100% increase by 2025. (Solid Intel)

The digital asset market has seen a significant reversal this week after experiencing a massive outflow of $5.7 billion over four consecutive weeks. Stimulated by the remarks of Fed FOMC member John Williams, market expectations for an imminent interest rate cut in the United States have heated up, resulting in an inflow of $1.07 billion into digital asset ETPs last week, making it one of the strongest capital recoveries in recent times. Despite the Thanksgiving holiday causing overall trading volume to drop to $24 billion (far below the previous week's record high of $56 billion), the U.S. market still led the world with an inflow of $994 million, with Canada ($97.6 million) and Switzerland ($23.6 million) performing notably. Germany, on the other hand, was one of the few markets to experience outflows, with capital leaving amounting to $57.3 million.

Odaily News In response to Arthur Hayes' doubts about USDT operations, former Citibank encryption research head Joseph stated on the X platform that @CryptoHayes' analysis missed several key points: 1. Disclosure of assets ≠ all corporate assets. USDT adopts a "matching principle" for disclosing reserves, but its undisclosed balance sheet includes equity investment income, mining operations, corporate reserves, and potential Bitcoin holdings, with remaining profits distributed to shareholders in the form of dividends. 2. Extremely high profit margins and equity value. Tether holds $120 billion in U.S. Treasury bonds (annualized 4% yield), with a projected annual net profit of about $10 billion from 2023 (with only 150 employees), making it arguably the world's most efficient money printer; equity valuation may reach $50-100 billion.

Japan's 10-year government bond yield rose to 1.86%, reaching a new high since 2008 and triggering tremors in global markets. As the Bank of Japan hinted that it would consider raising interest rates at the December rate meeting, the long-standing era of low interest rates may come to an end, directly threatening the support for global risk assets and Yen Carry Trade in the crypto market. In the past year, Japan's government bond yields nearly doubled, with the two-year yield reaching 1% for the first time since 2008. Although 1.86% is still considered low globally, it represents a significant structural change for Japan, a country that has long been in a "zero interest rate" environment. The low interest rates had allowed global investors to borrow yen at extremely low costs, flooding into U.S. Treasuries, European bonds, and high-risk assets, including encryption. However, as domestic yields rise, funds may begin to flow back to Japan.

According to ChainCatcher news reported by Techinasia, more than 270 former users of Tokenize Xchange have filed a lawsuit against the platform's founder Hong Qi Yu and his wife Erin Koo, seeking $60.5 million in compensation for alleged fraudulent misappropriation of customer assets. Tokenize Xchange is a cryptocurrency platform based in Singapore, operated by AmazingTech, which shut down after the Monetary Authority of Singapore rejected its digital payment token license application in July 2025. A report from the court-appointed interim judicial manager stated that AmazingTech owes customers approximately $266.3 million but only holds $2.6 million in assets. The lawsuit was filed in the Singapore High Court, claiming that Hong and

BlockBeats news, on December 1st, according to GMGN monitoring, at 7 AM yesterday, GIGGLE started to pump from around $115 and reached a recent high of $160 at 0 AM today, then continued to fall, with the low breaking below $110, currently quoted at around $117, down about 27% from the high, with a market capitalization currently reported at $11.7 million.

PANews December 1 news, according to data shared by Crypto Rover, BTC fell 3.69% in October, 17.67% in November, and 4.76% on the first day of December. It is worth noting that the last time Bitcoin showed a completely red performance in the entire fourth quarter (i.e., negative returns every month) was in 2018.

According to BlockBeats news, on December 1, data from Coinglass shows that in the history of Bitcoin, from 2013 onwards, there have been 12 "December" market trends, with 5 instances of rise and 7 instances of fall. The largest rise occurred in December 2020, with a monthly increase of 46.92%; the largest fall occurred in December 2013, with a monthly decrease of 34.81%. From 2013 to the present, the average return rate for Bitcoin's "December" market is 4.03%, with a median return rate of -3.59%.

PANews, December 1st news, with Christmas approaching, TSL and SpaceX founder Elon Musk added Christmas hat elements to his X (formerly Twitter) account avatar.

Gate News bot message, A notable swing trader identified as 0xa96b executed a substantial purchase of 422,064 LINK tokens at $12.72 per token, investing 5.37M USDT in the transaction seven hours ago. Data shows that since October 10, the trader has engaged in six swing trades involving LINK. Despit

PANews December 1st news, according to SoSoValue data, in the past month, BTC has fallen by 21.41%, and ETH has fallen by 26.68%. In the past month, among the top 100 crypto assets by market capitalization, 10 coins have fallen by more than 40%, including: Virtuals Protocol (VIRTUAL): fall 55.60%, current price 0.8142 USD. IP Story (IP): fall 49.00%, current price 2.29 USD; Pudgy Penguins (PENGU): fall of 46.59%, currently priced at 0.00971 USD; Bittensor (TAO): down 45.94%, current price 268.8 USD; Aptos

Gate News Bot news, on December 1st, according to CoinMarketCap data, GRIFFAIN (GRIFFAIN) is currently priced at 0.02 USD, with a rise of 21.11% in the last 24 hours, reaching a high of 0.02 USD and a low of 0.01 USD. The current market capitalization is approximately 194,000 USD, an increase of nearly 33,800 USD compared to yesterday. Currently, GRIFFAIN ranks 744th in the global crypto assets market capitalization. Important news about GRIFFAIN recently: 1️⃣ **Large traders' profits attract market attention** A well-known trader successfully profited $427,600 on GRIFFAIN, showcasing the project's profit potential. This successful trade may attract more investors' attention to GRIFFAIN, driving its price rise. 2️⃣ **

According to ChainCatcher news and monitored by The Data Nerd, a trader opened a short order of approximately 18.8 million USD in ETH at an average entry price of about 2991 USD. One hour later, he closed the position, making a profit of about 909,000 USD. As of now, the total earnings of this trader on Hyperliquid have reached approximately 10.23 million USD.

The Governor of the Bank of Japan has released hawkish signals, with the probability of interest rate hikes rising to 64%, pushing the yen stronger and putting pressure on the dollar and high fluctuation assets. Global risk appetite has declined, leading to a significant fall in BTC, with a bearish short-term structure that requires attention to the liquidity support below. Market sentiment is bearish, and a downward fluctuation is expected.

Gate News Bot news, on December 01, according to CoinMarketCap, as of the time of writing, VFY (zkVerify) is currently priced at 0.03 USD, with a rise of 17.32% in the last 24 hours, peaking at 0.04 USD and dropping to a low of 0.03 USD. The current market capitalization is approximately 10.7 million USD, an increase of 1.58 million USD compared to yesterday. zkVerify is a universal verification layer designed to provide ultra-fast and scalable cross-system verification solutions. The platform supports verification completion in under a second, with no delays or bottlenecks. zkVerify can be easily integrated into various ecosystems and proof schemes, minimizing complexity and infrastructure changes. It is also cost-effective, significantly reducing verification costs, regardless of scale. zkVerify's goal is to become the new standard of trust, enabling verification of any scale.

Odaily News According to on-chain analyst Ai Yi's monitoring, the Address (0x21B...4284) spent 6 million USDC to buy 65.65 WBTC during the market fall, with an average price of 91384 USD. This address has sold all these WBTC in the past 5 hours, with an average selling price of 86563 USD, resulting in a final loss of 316 thousand USD.

Golden Finance reported that Musk said in a conversation with investor and podcast host Nikhil Kamath released on Sunday that the only way for the U.S. to escape its deepening fiscal predicament is through productivity driven by AI and Bots. Musk stated that this is almost the only way to solve the U.S. debt crisis. He added that this is likely to bring about significant deflation. According to data from the U.S. Department of the Treasury, as of November 26, the national debt of the United States has reached $38.34 trillion, more than double what it was ten years ago. Musk stated that AI currently does not have sufficient productivity improvements to make economic output exceed the inflation rate, but this is about to change. He said that within three years or less, his judgment is that the output of goods and services will exceed the rate of inflation. Musk stated that advancements in AI and Bots technology will bring humanity into an era where work becomes optional.

The US spot Bitcoin ETF saw a significant outflow of funds in November, with a net outflow of $3.48 billion in a single month, marking the largest monthly outflow since February this year. According to SoSoValue data, the Bitcoin ETF has recorded net outflows for four consecutive weeks starting from the week of October 31, with a cumulative outflow exceeding $4.34 billion, but it briefly experienced three days of net inflow before the Thanksgiving holiday. BlackRock's IBIT, as the largest Bitcoin ETF, saw a net outflow of $2.34 billion in November, recording its largest single-day outflow since inception on November 18, amounting to $523 million. LVRG director Nick Lark pointed out that this round of capital outflow mainly stems from institutions taking profits after Bitcoin reached historical highs and year-end asset rebalancing, rather than a decline in confidence in Bitcoin's fundamentals. He emphasized that the cumulative inflow of Bitcoin ETFs remains positive, while open interest in futures continues to rise, indicating that institutional structural long positions remain solid, although valuation sensitivity has clearly increased amid macroeconomic uncertainties.

According to ChainCatcher news and Jin10 reports, a rate strategist at Societe Generale stated in a report that the upcoming economic data will continue to show the resilience of the US economy, persistent inflation, and a slight deterioration in the labor market conditions. Nevertheless, they expect the Fed to cut interest rates after the December meeting, with two more rate cuts expected next year, predicting that by the end of 2026, the yield on two-year Treasury bonds will stabilize and decline to 3.2%, and the yield on ten-year Treasury bonds will decline to 3.75%.

Sony Bank is accelerating the layout of its encryption payment system, planning to issue a stablecoin pegged to the US dollar as early as fiscal year 2026, aimed at serving Sony's vast global ecosystem of games, streaming, and anime. According to Nikkei News, this stablecoin will allow users to directly pay for subscriptions and digital content fees on PlayStation and related platforms without relying on credit cards, further dropping Sony's payment costs on credit card networks. In order to successfully launch the product into the US market, Sony Bank applied for a US banking license in October this year and plans to establish a US branch to be responsible for issuance and compliance matters, while collaborating with the US stablecoin infrastructure company Bastion. Over 30% of Sony's revenue comes from the US, making US consumers a key group for the early promotion of stablecoins. This plan also benefits from the recently passed GENIUS Act.

Ripple Labs' Singapore subsidiary, Ripple Markets APAC, has received approval from the Monetary Authority of Singapore to expand its regulated activities under its payment institution license. This will enhance Ripple's investment capability in Singapore and provide a more efficient funds transfer infrastructure.

Gate News Bot News, December 1, according to CoinMarketCap data, as of the time of writing, DYM (Dymension) is currently priced at $0.10, with a rise of 16.00% in the last 24 hours, peaking at $0.13 and dropping to a low of $0.09. The current market capitalization is approximately $43.1 million, an increase of $5.94 million compared to yesterday. Dymension is a decentralized chain launch platform designed to enable creators to turn ideas into thriving blockchains. It provides a simplified process from token issuance to a complete blockchain ecosystem. Dymension's RollApp is a quickly deployable chain that can be easily deployed and eliminates the complexities of running an L1 blockchain. The platform also offers a full-stack protocol solution, including L1, L2, Dex, and RaaS tools, to support the community from the end.

Paul Krugman warned that Trump's allies are undermining the regulatory measures established after the 2008 financial crisis, increasing instability in the financial system. He mentioned that loosening bank capital requirements and supporting the encryption industry could trigger a new crisis.

Odaily News On-chain analysis platform Glassnode co-founder Negentropic stated on X platform that historically, the simultaneous rise in prices of three precious metals: copper, silver, and gold, usually triggers: better performance of Bitcoin, momentum in altcoins (especially high liquidity altcoin assets), and a structural transition to a bull run. This is because the rise in hard asset prices often indicates that global liquidity is shifting from financial tightening to expansion, and Crypto Assets will be the biggest beneficiaries.

Gate News Bot news, on December 01, according to CoinMarketCap, as of the time of writing, MON (Monad) is currently priced at $0.02, with a 24-hour fall of 11.62%, reaching a high of $0.05 and a low of $0.02. The current market capitalization is approximately $261 million, a decrease of about $34.2488 million compared to yesterday. Monad is a next-generation Ethereum-compatible chain that offers a transaction processing capability of 10,000 transactions per second, sub-second finality, low fees, and scalable decentralization. The project aims to bring a new level of performance to the EVM, enabling unprecedented product development. Monad is compatible with the EVM at the bytecode level, which means Solidity contracts, EVM addresses, infrastructure, tools, and libraries can be used directly, allowing developers to focus on building excellent products rather than learning new technology stacks.

Gate News Bot message, December 01, according to CoinMarketCap data, as of the time of writing, TNSR (Tensor) is currently priced at $0.14, a rise of 25.20% within 24 hours, with a high of $0.18 and a low of $0.11. The 24-hour volume reached $266 million. The current market capitalization is approximately $66.3 million, an increase of $13.3 million compared to yesterday. Important news about TNSR recently: 1️⃣ **Tensor Foundation Strategic Acquisition Strengthens Ecosystem** The Tensor Foundation has acquired Tensor Marketplace and the Tensorians NFT series, aiming to enhance the integrity of the Tensor ecosystem. The new management has implemented a series of measures, including allocating all transaction fees of the trading platform to T

BlockBeats news, on December 1st, Arthur Hayes stated that Bitcoin experienced a big dump, caused by the Bank of Japan hinting at a possible interest rate hike in December. The exchange rate of the US dollar against the Japanese yen fluctuates in the range of 155-160, indicating a hawkish stance from the Bank of Japan.

Gate News Bot news, on December 1st, according to CoinMarketCap data, as of the time of writing, PI (Pi) is currently priced at $0.23, with a 7.76% fall in the last 24 hours, reaching a high of $0.28 and a low of $0.23. The current market capitalization is approximately $1.912 billion, a decrease of $161 million compared to yesterday. Pi is a new type of cryptocurrency that can be easily mined using a mobile phone without consuming electricity. Pi employs groundbreaking technology that makes cryptocurrency mining simple and accessible. The project aims to create a decentralized, secure, tamper-proof, and interoperable digital currency system, operating in a mobile-first and environmentally friendly manner. Pi Network invites users to download the mobile application to start mining for free, and they can join by simply receiving an invitation from an existing trusted network member. Recent important news about PI: 1️⃣ **

PANews, December 1st news, cryptocurrency analyst Willy Woo released a comparison chart of bank runs. Tether (USDT) experienced a redemption wave of about 20-25% in 2022 and still fully paid out, outperforming traditional banks like Silicon Valley Bank (25%) and First Republic Bank (57%). Woo pointed out that 77% of Tether's current assets are in cash equivalents, with the rest in gold and Bitcoin, totaling an over-collateralization of 3%. Even if volatile assets fall by 30% in extreme market conditions, USDT still has 95% asset backing.