According to Odaily Planet Daily, Ophelia Snyder, co-founder of 21Shares, stated that the current market downturn is almost entirely unrelated to "any cryptocurrency-specific factors," but Bitcoin is unlikely to see a rebound early next year. Snyder noted that the current low volatility drivers are unlikely to dissipate completely in the short term, and whether January will see a repeat of the early-year rally will heavily depend on broader market sentiment. She explained that January typically sees "new inflows" into Bitcoin ETFs as investors rebalance and adjust their portfolios at the start of the year. Bitcoin entered a downward trend after climbing to its current high of $125,100 on October 5th, following a $19 billion crypto market liquidation on October 10th. According to CoinMarketCap, Bitcoin is currently trading at $92,150, down nearly 10% in the past 30 days. She remains bullish on Bitcoin in the long term, believing the recent pullback is a reaction to broader market risk aversion. She pointed to factors including the expansion of ETFs on major platforms, increased government adoption, and rising demand for a store of value beyond gold, all of which could drive further Bitcoin gains.

Huoxun Finance reported on December 5th that the Jiayu County Public Security Bureau in Xianning City, Hubei Province, issued a notice stating that during the investigation of a fraud and infringement of citizens' personal information case, a large number of items were seized from the suspect's residence and rented house, including a virtual currency wallet containing approximately 1.9 million USDT. As the asset currently has no clear owner, the police have issued a public notice, requiring relevant individuals to claim it within six months with valid identification; otherwise, it will be turned over to the national treasury according to law.

Huoxun Finance News, December 5th - According to sources, Bank of Japan (BOJ) officials are prepared to raise interest rates at their policy meeting later this month, provided there are no major shocks to the economy or financial markets during this period. The sources said the BOJ will also indicate that it will continue raising rates if its economic outlook is met, while remaining cautious about the ultimate extent to which it will push rates. This rate hike would push Japan's policy rate to its highest level since 1995. Market focus is on how aggressively the central bank will hint at subsequent rate hikes. Overnight swap indices show traders believe there is approximately a 90% probability of a rate hike this month. The sources said that with the impact of US tariffs becoming clearer and persistently high corporate profits providing room for companies to raise wages, officials assess that the likelihood of their economic outlook being met has increased. The sources said the BOJ may hint at the need to review the economy's response to each rate hike to determine the appropriate level of borrowing costs. When interest rates are at a neutral level, they neither stimulate nor cool the economy. The BOJ's estimate of the neutral interest rate is in a broad range of 1% to 2.5%.

According to data from the Polymarket platform, following the official launch of the US version of the Polymarket app, the probability of the platform predicting that "Polymarket US version will launch in 2025" has exceeded 99%, and the result has been determined as "Yes". Previously, Odaily Planet Daily published an update on the betting event on October 31st, at which time the probability of the event occurring was 89%. (https://www.odaily.news/zh-CN/newsflash/454763)

According to official data, Gate, a leading global cryptocurrency exchange, has officially launched its new security product, Gate Safe, which has attracted over 10,000 users since its launch. Currently, Gate Safe is available free of charge to VIP3 and above users for a limited time, and is a key value-added service within the Gate VIP system. In addition to the safe, VIP users can enjoy private wealth management, VIP exclusive financial planning, and other high-end benefits, achieving a comprehensive upgrade in asset security and management experience. It is understood that Gate Safe is built on Multi-Party Computation (MPC) technology, a pioneering multi-chain secure asset management solution designed to provide high-net-worth and professional users with a higher level of asset protection and self-control. MPC technology effectively prevents single-point attacks and significantly improves asset security by splitting private keys into multiple key fragments and storing them in a distributed manner.