π± Major Security Flaw Found in Popular Android Chip β Solana Phones at Risk
Ledger researchers have demonstrated a critical exploit in the MediaTek Dimensity 7300 chip β the same one used in Solana Seeker smartphones.
β‘οΈ Using an electromagnetic attack, they gained full control of the device, and the flaw lies in the boot ROM, meaning it cannot be patched.
Key points:
β’ The vulnerability is baked into the silicon β no software fix is possible.
β’ Attackers can escalate privileges to the highest level.
β’ Solana Seeker phones inherit the same hardware-level flaw.
β’ Storing private keys on such devices is unsafe.
β’ Ledger stresses that only secure-element hardware wallets protect against this class of attacks.
A serious reminder: if your phone uses Dimensity 7300, it should not be your crypto storage device. π€·
Ledger researchers have demonstrated a critical exploit in the MediaTek Dimensity 7300 chip β the same one used in Solana Seeker smartphones.
β‘οΈ Using an electromagnetic attack, they gained full control of the device, and the flaw lies in the boot ROM, meaning it cannot be patched.
Key points:
β’ The vulnerability is baked into the silicon β no software fix is possible.
β’ Attackers can escalate privileges to the highest level.
β’ Solana Seeker phones inherit the same hardware-level flaw.
β’ Storing private keys on such devices is unsafe.
β’ Ledger stresses that only secure-element hardware wallets protect against this class of attacks.
A serious reminder: if your phone uses Dimensity 7300, it should not be your crypto storage device. π€·
π2π1
πΊπΈ BlackRock: U.S. Debt Growth Could Spark a Crypto Bull Run
BlackRock predicts that the rising U.S. national debt β potentially hitting $50T by 2035 β will drive crypto gains over the next decade, as a weakening dollar increases demand for Bitcoin as a store of value.
π‘ The booming AI sector requires massive investments in energy and infrastructure, funded through the expanding deficit.
With spot ETFs making institutional entry easier, cryptocurrencies are shifting from speculation to a legitimate hedge against debt and the new AI-driven economy.
Bottom line: Crypto is becoming a natural response to rising debt and economic transformation.
BlackRock predicts that the rising U.S. national debt β potentially hitting $50T by 2035 β will drive crypto gains over the next decade, as a weakening dollar increases demand for Bitcoin as a store of value.
π‘ The booming AI sector requires massive investments in energy and infrastructure, funded through the expanding deficit.
With spot ETFs making institutional entry easier, cryptocurrencies are shifting from speculation to a legitimate hedge against debt and the new AI-driven economy.
Bottom line: Crypto is becoming a natural response to rising debt and economic transformation.
π6β€1
π Ripple CEO: Bitcoin could hit $180K by 2026
Key points from the interview:
β’ Macro & cycles: Strong tailwinds and U.S. regulatory clarity are boosting crypto; institutions are just starting to enter.
β’ ETF demand: Crypto ETFs are in early days β Rippleβs ETF saw $700M+ inflows recently, and institutional adoption is accelerating.
β’ Stablecoins: Investors prefer stablecoins in risk-off periods; Rippleβs stablecoin already surpassed $1B market cap.
Bullish outlook: BTC could surge as regulation, macro support, and institutional flows align.
Key points from the interview:
β’ Macro & cycles: Strong tailwinds and U.S. regulatory clarity are boosting crypto; institutions are just starting to enter.
β’ ETF demand: Crypto ETFs are in early days β Rippleβs ETF saw $700M+ inflows recently, and institutional adoption is accelerating.
β’ Stablecoins: Investors prefer stablecoins in risk-off periods; Rippleβs stablecoin already surpassed $1B market cap.
Bullish outlook: BTC could surge as regulation, macro support, and institutional flows align.
π7β€2
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π₯ Peter Schiff vs CZ: The Bitcoin vs Tokenized Gold Debate
At Binance Blockchain Week in Dubai, Peter Schiff and CZ went head-to-head in a debate about Bitcoin vs tokenized gold. Before the event, Schiff even posted a cartoon video showing him and CZ fighting β CZ using Bitcoin, Schiff using a gold bar. π₯
But on stage things flipped: CZ βknocked him outβ by demonstrating a fake gold bar, making his point clear β
βNo proof of work β no value.β π€·
Bottom line: the debate highlighted how, in todayβs market, digitally verifiable value can outweigh physical gold, especially when gold can be counterfeited.
At Binance Blockchain Week in Dubai, Peter Schiff and CZ went head-to-head in a debate about Bitcoin vs tokenized gold. Before the event, Schiff even posted a cartoon video showing him and CZ fighting β CZ using Bitcoin, Schiff using a gold bar. π₯
But on stage things flipped: CZ βknocked him outβ by demonstrating a fake gold bar, making his point clear β
βNo proof of work β no value.β π€·
Bottom line: the debate highlighted how, in todayβs market, digitally verifiable value can outweigh physical gold, especially when gold can be counterfeited.
π7
π³ Japanβs sovereign debt is on the edge
π―π΅ Japanβs 10-year bond yield has jumped from β0.28% to 1.92% since 2019 β the highest since 2007. The countryβs debt-to-GDP ratio is 215%, and it just launched a $135B stimulus package.
Markets now expect an 80% chance that the Bank of Japan will hike rates again on December 19. Such a move could trigger a carry-trade unwind, potentially causing global shockwaves.
While everyone watches the Fedβs decision on December 10, the real financial time bomb may be Japan.
Remember: on August 5, 2024, BTC briefly crashed below $50k during a carry-trade panic π©
π―π΅ Japanβs 10-year bond yield has jumped from β0.28% to 1.92% since 2019 β the highest since 2007. The countryβs debt-to-GDP ratio is 215%, and it just launched a $135B stimulus package.
Markets now expect an 80% chance that the Bank of Japan will hike rates again on December 19. Such a move could trigger a carry-trade unwind, potentially causing global shockwaves.
While everyone watches the Fedβs decision on December 10, the real financial time bomb may be Japan.
Remember: on August 5, 2024, BTC briefly crashed below $50k during a carry-trade panic π©
π5
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Ethereum drops a 35-second video explaining the new Fusaka upgrade
π7
πΈ Funds Are Accumulating Bitcoin
BlackRock CEO Larry Fink says sovereign wealth funds have been quietly buying large amounts of BTC around $80k β not for speculation, but for true long-term accumulation.
π According to Fink, the Bitcoin market will accelerate much faster than most expect, and the key catalyst will be the tokenization of real-world assets (RWA).
πΌ BlackRock believes tokenization will become the foundation of the new global financial system in the coming years.
Fink continues to fuel interest in the RWA narrative β clearly warming up the market ahead of BlackRockβs upcoming products. π
BlackRock CEO Larry Fink says sovereign wealth funds have been quietly buying large amounts of BTC around $80k β not for speculation, but for true long-term accumulation.
π According to Fink, the Bitcoin market will accelerate much faster than most expect, and the key catalyst will be the tokenization of real-world assets (RWA).
πΌ BlackRock believes tokenization will become the foundation of the new global financial system in the coming years.
Fink continues to fuel interest in the RWA narrative β clearly warming up the market ahead of BlackRockβs upcoming products. π
π7
Not only Peter Schiff showed up at Binance Blockchain Week yesterday π
CZ finally met Michael Saylor in person for the first time β a moment many in the community have been waiting years to see. π
At the same time, CZ said he doesnβt feel the need to return to day-to-day work at Binance anymore. π€·
And honestlyβ¦ why would he? When you can travel, chill, and meet interesting people instead π
CZ finally met Michael Saylor in person for the first time β a moment many in the community have been waiting years to see. π
At the same time, CZ said he doesnβt feel the need to return to day-to-day work at Binance anymore. π€·
And honestlyβ¦ why would he? When you can travel, chill, and meet interesting people instead π
π11β€1
π Bitcoin is gearing up for $100k
A CoinDesk analyst highlights several bullish signals pointing to a continued uptrend. π
β’ BTC volatility (BVIV) has dropped to 48, breaking below the long-term trend β fear is fading and the market is stabilizing.
β’ A weakening dollar adds extra support for risk assets.
β’ Technical setup: BTC is holding above $93,104 and above the Ichimoku cloud, keeping momentum strong.
β’ Next targets: $98kβ$100k.
β οΈ Risk: a move back below the Ichimoku cloud could weaken the bullish impulse.
Targets for major alts:
πΉ ETH β $3,500
πΉ SOL β $165
πΉ XRP β $2.30
Overall: market structure remains bullish, and the push to six figures is back on the table.
A CoinDesk analyst highlights several bullish signals pointing to a continued uptrend. π
β’ BTC volatility (BVIV) has dropped to 48, breaking below the long-term trend β fear is fading and the market is stabilizing.
β’ A weakening dollar adds extra support for risk assets.
β’ Technical setup: BTC is holding above $93,104 and above the Ichimoku cloud, keeping momentum strong.
β’ Next targets: $98kβ$100k.
β οΈ Risk: a move back below the Ichimoku cloud could weaken the bullish impulse.
Targets for major alts:
πΉ ETH β $3,500
πΉ SOL β $165
πΉ XRP β $2.30
Overall: market structure remains bullish, and the push to six figures is back on the table.
β€7π₯3
π Casascius Bitcoin coins come alive after 13 years
Over the weekend, two transactions of 1,000 BTC each were moved for the first time in over 13 years β coming from so-called Casascius Coins. Someone finally decided to stop holding paper wealth and become a real multimillionaire. π΅
Casascius Coins were physical Bitcoin coins issued between 2011β2013: metal tokens with a hologram hiding a private key loaded with BTC. To access the funds, the hologram must be peeled off β destroying the coinβs collectible value forever.
Many collectors have held these coins untouched for years. According to TimeChain Index, the 17 largest Casascius holders may still control 36,467 BTC (~$3.65B). π
Just a month ago, BTC from one of these coins was also moved to Coinbase β a sign that more βsleepingβ legends may be waking up.
Over the weekend, two transactions of 1,000 BTC each were moved for the first time in over 13 years β coming from so-called Casascius Coins. Someone finally decided to stop holding paper wealth and become a real multimillionaire. π΅
Casascius Coins were physical Bitcoin coins issued between 2011β2013: metal tokens with a hologram hiding a private key loaded with BTC. To access the funds, the hologram must be peeled off β destroying the coinβs collectible value forever.
Many collectors have held these coins untouched for years. According to TimeChain Index, the 17 largest Casascius holders may still control 36,467 BTC (~$3.65B). π
Just a month ago, BTC from one of these coins was also moved to Coinbase β a sign that more βsleepingβ legends may be waking up.
β€4π3π1
βΎοΈ Trump Takes a Shot at Peter Schiff
Donald Trump dedicated a weekend post to longtime crypto critic Peter Schiff, calling him a βTrump-hating loser.β π
The remark came after Schiff appeared on TV discussing the economy, once again taking a bearish stance. Trump dismissed his views, mocking both the analyst and the show that invited him on. π£ πΊ
Donald Trump dedicated a weekend post to longtime crypto critic Peter Schiff, calling him a βTrump-hating loser.β π
The remark came after Schiff appeared on TV discussing the economy, once again taking a bearish stance. Trump dismissed his views, mocking both the analyst and the show that invited him on. π£ πΊ
π4π3
Trend Score Signal s Broad BTC Accumulation π°
The Trend Score indicator shows active Bitcoin buying across almost all market participants β from large holders to retail investors. This kind of behavior has appeared before: in some cases it preceded further price growth, in others the market continued to decline. πππ
Historically, however, such broad-based accumulation has more often been observed either around major trend reversals or during the middle of strong rallies, when market optimism β and greed β start to intensify. π
The Trend Score indicator shows active Bitcoin buying across almost all market participants β from large holders to retail investors. This kind of behavior has appeared before: in some cases it preceded further price growth, in others the market continued to decline. πππ
Historically, however, such broad-based accumulation has more often been observed either around major trend reversals or during the middle of strong rallies, when market optimism β and greed β start to intensify. π
π8
π Bearish 2021 Fractal Making the Rounds on Twitter
Traders on X are sharing charts that suggest Bitcoin may be repeating a 2021-style fractal with a bearish outcome. π
If this scenario plays out, BTC could face a deeper correction into the $35,000β$45,000 range. π’
While fractals arenβt guarantees, the discussion highlights growing caution in the market as volatility and uncertainty return.
Traders on X are sharing charts that suggest Bitcoin may be repeating a 2021-style fractal with a bearish outcome. π
If this scenario plays out, BTC could face a deeper correction into the $35,000β$45,000 range. π’
While fractals arenβt guarantees, the discussion highlights growing caution in the market as volatility and uncertainty return.
π5
π° Strategy (formerly MicroStrategy) bought 10,624 BTC for $963M at an average price of $90,615 each between Dec 1β7.
As of Dec 7, the company holds 660,624 BTC (~3% of total supply), spending $43.35B since 2020 at an average of $74,696 per BTC.
The latest purchase was funded through STRD preferred shares and MSTR common stock. Strategy continues its aggressive Bitcoin accumulation strategy. ππͺ
As of Dec 7, the company holds 660,624 BTC (~3% of total supply), spending $43.35B since 2020 at an average of $74,696 per BTC.
The latest purchase was funded through STRD preferred shares and MSTR common stock. Strategy continues its aggressive Bitcoin accumulation strategy. ππͺ
π6
βοΈ Crypto Winter Incoming?
Bloomberg reports that Bitcoin options suggest traders are bracing for a prolonged consolidation between $80Kβ$100K. π§
December contracts are much more active than long-term ones, with many traders selling options to collect premiums, betting that the market will remain relatively stable in the near term.
Bloomberg reports that Bitcoin options suggest traders are bracing for a prolonged consolidation between $80Kβ$100K. π§
December contracts are much more active than long-term ones, with many traders selling options to collect premiums, betting that the market will remain relatively stable in the near term.
π7
π Did Arkham βdeanonymizeβ Zcash? Not really.
π Arkham posted a flashy claim about linking 53%+ of Zcash transactions (public + private) to known entities, with labeled volume exceeding $420B. This sparked backlash, as many took it as a hint that shielded ZEC transactions were cracked. πΎ
Reality check: Arkham works only with the transparent part of the network. No shielded data was broken. π₯
Zcash co-founder Zooko confirmed that deanonymizing shielded ZEC is impossible, since the data simply doesnβt exist β Arkham is just tracking wallets that chose public transparency.
π Arkham posted a flashy claim about linking 53%+ of Zcash transactions (public + private) to known entities, with labeled volume exceeding $420B. This sparked backlash, as many took it as a hint that shielded ZEC transactions were cracked. πΎ
Reality check: Arkham works only with the transparent part of the network. No shielded data was broken. π₯
Zcash co-founder Zooko confirmed that deanonymizing shielded ZEC is impossible, since the data simply doesnβt exist β Arkham is just tracking wallets that chose public transparency.
π6
πΈ Market Waking Up
π Bitcoin has broken above $94,000, Ethereum is trading near $3,370, and major altcoins are up 4β10% in the past 24 hours.
The biggest pain is on the short side: $265M in short positions were liquidated in just the last four hours. On HTX alone, one large trader lost $24M in a single order. π€·
Momentum is picking up β volatility is back. π
π Bitcoin has broken above $94,000, Ethereum is trading near $3,370, and major altcoins are up 4β10% in the past 24 hours.
The biggest pain is on the short side: $265M in short positions were liquidated in just the last four hours. On HTX alone, one large trader lost $24M in a single order. π€·
Momentum is picking up β volatility is back. π
π₯10
Polymarket gives a 95% chance that the Fed cuts rates by 25 bps today πͺ
Most traders agree this move is already priced in for crypto. π€·
But that scary 5% scenario? Yeahβ¦ if the Fed decides to surprise everyone, the market might go from βpriced inβ to βpanic modeβ in seconds. ππ
Most traders agree this move is already priced in for crypto. π€·
But that scary 5% scenario? Yeahβ¦ if the Fed decides to surprise everyone, the market might go from βpriced inβ to βpanic modeβ in seconds. ππ
π5π€2