Bitget Daily Morning Report: The median stock price of publicly listed DAT companies in the US and Canada has dropped 43% this year; Trump proposes replacing the current individual income tax system with tariff revenue
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Bitget Daily Morning Report: The median stock price of publicly listed DAT companies in the US and Canada has dropped 43% this year; Trump proposes replacing the current individual income tax system with tariff revenue
Michael Saylor再次发布比特币Tracker信息，本周或将披露增持数据。
Navigating Web3 tides with focused insightsAuthor: Bitget
Today's Outlook
1. PANews report, Bloomberg: The median stock price of U.S. and Canadian-listed DAT companies has dropped 43% this year.
2. Michael Saylor again shared his Bitcoin Tracker information; data on new purchases may be disclosed this week.
3. Data: USDT total supply surpasses 190 billion, reaching a new record high.
Macro & Highlights
1. K33 Research analyst Vetle Lunde: December could be a turning point for the crypto market in recent times, with structural upside space forming. Bitcoin’s current valuation reflects market panic rather than fundamentals, and the probability of a significant rally is far greater than that of another 80% decline—bold accumulation opportunities may arise in December.
2. Trump: "In the near future, individuals will no longer need to pay income tax." It is reported that Trump plans to replace the current personal income tax system with tariff revenues.
3. Hassett: Unless disrupted by a "black swan," the U.S. economy is set for a golden year in economic history.
Market Trends
1. Over the past 24 hours, the global crypto market saw $439 million in liquidations, including $295 million in long positions. BTC liquidations amounted to $109 million, while ETH reached $181 million.
2. U.S. stocks: Dow fell 0.22%, S&P 500 rose 0.19%, Nasdaq Composite rose 0.31%.
3. Bitget BTC/USDT liquidation map shows: There is a dense long liquidation zone around $90,900 for BTC. A break below this level could trigger further cascading long liquidations. On the upside, large short positions are concentrated in the $92,000–$95,000 range; if prices approach this zone, short squeezes could accelerate upward momentum.
4. In the past 24 hours, BTC spot inflows were $177 million, outflows $169 million, resulting in a net inflow of $8 million.
News Updates
1. Global asset management firm WisdomTree launches a new tokenized fund, bringing options yield strategies onto the blockchain.
2. Analysis: The U.S. SEC plans to evaluate regulatory priorities on crypto privacy, potentially leading to polarized divisions.
3. Musk: Grok 4.20 will be released within 3 to 4 weeks.
Project Developments
1. Farcaster co-founder Dan Romero: Farcaster is focusing on building a wallet to attract more users.
2. HumidiFi: Public sale of new tokens starts at 23:00 on December 8.
3. Ethena again withdrew 25 million ENA worth $7.05 million from Bybit. This wallet now holds 779.89 million ENA, valued at $207.7 million.
4. ZKsync plans to deprecate its early network ZKsync Lite by 2026.
5. Tokens including APT, LINEA, CHEEL face large-scale unlocks this week, with APT unlocking approximately $19.3 million worth.
6. A wallet疑似Wintermute accumulated about $5.2 million worth of SYRUP tokens over the past two weeks.
7. Solana Foundation president calls on lending protocols to end infighting and focus on growing the market.
8. Twenty One Capital to list on the NYSE on December 9.
9. Analysts: CEX platforms' ETH holdings have dropped to an all-time low of 8.8%, tight supply may drive price increases.
10. NVIDIA CEO Jensen Huang: Bitcoin is absorbing excess energy and storing it as a new form of currency.
Disclaimer: This report is AI-generated, with human verification only for information accuracy. No investment advice is provided.
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