News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Bitget December 5 Morning News Summary
Dingaling, who was previously criticized by CZ due to the failure of boop.fun and the "insider trading" controversy, has now reconciled with CZ to jointly launch a new prediction platform, predict.fun.
Positions have been fully reset and new variables are emerging; upward opportunities are more likely to arise from tactical positioning rather than a trend reversal.
On December 5, Moore Threads officially debuted on the STAR Market, opening at 650 yuan, which represents a 468.78% surge compared to its issue price of 114.28 yuan.
Southwest Securities believes that the current market is in a dangerous and fragmented period driven by "fiscal dominance," where traditional macro logic has failed, and both U.S. stocks and gold have become tools to hedge against fiat currency credit risk.
Hassett stated in a media interview that the FOMC now appears more inclined to cut interest rates, and he expects a rate cut of 25 basis points.
- 16:44Bubblemaps: The Edel team is still selling EDEL tokens, transferring another $175,000 worth of EDELForesight News reported, according to Bubblemaps monitoring, the Edel Finance team is still selling EDEL tokens. A team wallet related to this sniping transaction has just transferred EDEL tokens worth $175,000 to a centralized exchange.
- 16:44Bit Digital: Held over 150,000 Ethereum as of the end of November, valued at approximately $460 millionForesight News reported that US-listed Ethereum treasury company Bit Digital has released its 2025 Ethereum asset and staking data. As of November 30, the company held approximately 154,398.7 Ethereum, with a market value of about $461.9 million based on the closing price of ETH at $2,991.90 that day. During November, the company purchased an additional 506.25 Ethereum, with an average cost of $3,045.11 per ETH for its overall holdings. In terms of staking, Bit Digital staked an additional 5,141 ETH during the month, bringing the total staked amount to approximately 137,621 ETH, accounting for about 89.1% of its total holdings. The staking business generated approximately 328.5 ETH in rewards in November, with an annualized yield of about 3.05%. In addition, the company has 323,674,831 shares outstanding and holds approximately 27 million shares of WhiteFiber (WYFI), valued at about $580 million based on the price that day.
- 16:44Indiana State Representative introduces HB 1042 bill, proposing to allow public investment funds to invest in crypto ETFsForesight News reported that Indiana State Representative Kyle Pierce announced that he has submitted the HB 1042 bill. This bill allows public investment funds to enter the digital currency sector and permits public investment funds to invest in crypto ETFs. To provide such options, the required state investment programs include the 529 education savings plan as well as specific retirement funds for teachers, public employees, and legislators. Additionally, it allows other state investment funds to allocate their assets to crypto ETFs. The state committee will not vote on the bill until January.