6.01 Morning Report:

Happy holidays to all the big friends and little friends! Anyway, I know you don't care what holiday it is 🤣. Those who didn't have the courage to cry yesterday can cry today.

1. $BTC can only say it shook gently, directly causing the entire market to dip;

2. $ETH can only say it still has to rely on Bitcoin's face; thinking it could drive the entire altcoin market up, it indeed did but downwards, however, it still looks relatively strong at the moment, hoping it's just a pullback;

3. $SOL almost fell below 150; it can indeed fall, but can't rise; on-chain effects actually have some good opportunities recently;

4. SEC questions the legality of the Ethereum and Solana staking ETFs submitted by REX;

5. Bitcoin advocates question the new BTC financial company's ability to withstand pressure, claiming it hasn't been tested in a bear market;

Just let them buy, they will have something to cry about when it crashes;

6. $WCT displayed a dramatic scene, rising then head-chopping, then rebounding, then continuing to head-chop;

According to unreliable sources, there are OTC + PR scripts calling for sales;

7. IMF questions Pakistan's Bitcoin mining electricity plan, demanding urgent clarification on its legality;

8. @ethena_labs announced that its stablecoins USDe and tsUSDe have been integrated into the TON blockchain;

When will the Perp dex go live?

9. Slow Mist Cosine: The largest users of Ethereum's new mechanism EIP-7702 are coin theft gangs;

10. EU Commission spokesperson: The EU is ready to take countermeasures against the US's increased tariffs;

11. Michael Saylor claims that the Bitcoin balance sheet strategy has exploded globally, while Wall Street remains skeptical;

12. Cetus Protocol: Isolated funds on Sui have been transferred to a multi-signature trust wallet;

I wonder if $CETUS can recover;

13. The U.S. government urges the Supreme Court to dismiss Coinbase users' challenge against the IRS's acquisition of crypto records;

14. SharpLink Gaming plans to raise $1 billion to increase its ETH holdings;

15. FTX has launched the second round of payments over $5 billion;

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Now everything is heading towards trusting first and watching later; overall, it's the realm of paper hands and traders, still need to change habits, or else one will keep getting hit with bags on their heads.

#Bitcoin #Ethereum #Solana #Crypto