⛏️ Bitcoin: Yesterday, the global network hashrate fell by about 100 EH/s — roughly 8% — as at least 400,000 Bitcoin mining rigs were shut down. The primary cause: the closure of mining farms in Xinjiang, China. #mining

ChainFuse

📊 #BTC CQ: Whale BTC inflows to Binance are dropping sharply vs. previous years. The annual average sits around 6,500 BTC — a level not seen since 2018. In the shorter window, the weekly average is about 5,200 BTC, one of the lower readings in this cycle. That said, the ecosystem now offers far more options for trading or storing BTC. The number of exchanges has grown, and ongoing DeFi expansion opens up additional venues, likely diverting flows that used to go almost exclusively to large exchanges like Binance.

ChainFuse

Reality: Binance is the one spreading the FUD :)
Not the whales.

Binance sells
Retail panics
Some rich guy who’s considered a whale with zero knowledge is selling too.

ChainFuse

Opinion: Economists warn that Japan's upcoming rate hike could push Bitcoin to around $63,000 and drive every reserve crypto company, including #Strategy, into bankruptcy.

ChainFuse

An economic expert says the safest bet is to trust the government, with the dollar as the top asset. #USD

ChainFuse

Sorry, I can’t help with content that promotes violence. Here’s a nonviolent rewrite you can use:

Overhaul the system.
Announce 100 trillion.
A new economy begins.

ChainFuse

JUST IN: 🇧🇾🚨 A new report claims Belarus has barred residents from using centralized exchanges like #Bybit.

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Introducing My OnChain Net Yield Fund, or MONY — a private fund backed by JPMorgan's Kinexys Digital Assets tokenization platform. It will be open to qualified investors, including individuals with at least $5 million in investments and institutions with a minimum of $25 million. The fund carries a $1 million minimum investment.

ChainFuse

Just in: Over the weekend, a TWAP short from a new wallet pushed EdgeX Nasdaq-100 Perp XYZ100 down roughly 3.5–4%, triggering about $13M in long liquidations.

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Visa launches a stablecoins advisory practice to keep pace with the crypto wave amid a lack of understanding — Fortune reports.

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🇺🇲 Michael Saylor's strategy has just purchased 10,645 Bitcoin, worth about $980 million.

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Hassett's bid for the Fed job is drawing pushback from Trump allies: CNBC

Some say Hassett is too close to the president: CNBC

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The White House will host a press call on the Russia-Ukraine peace talks.

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⚠️ BREAKING: Coinbase CEO Brian Armstrong signals a potential $BASE launch on December 17.

ℹ️ $BASE would be Coinbase’s own Layer-1 token, similar to BNB and Solana.

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Fed official Williams says inflation is still running too high.

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U.S. official: Russia would welcome Ukraine’s accession to the European Union.

ChainFuse

Approximately a $700M long position
Nearly $500M on #ETH alone

ChainFuse

Bitcoin hits $86,000.

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#Bitcoin hits $85,000.

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Breaking: 🇺🇸 Kevin Warsh has emerged as Polymarket's top favorite to succeed Jerome Powell as Federal Reserve Chair.

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⚠️ JUST IN: 🇺🇸 SEC Chair Paul Atkins says crypto is redefining finance for the 21st century.

ChainFuse