[BlockBeats] On December 7, an article about the situation of young people in the United States attracted attention. It discussed how Generation Z, faced with the reality of being unable to afford a home, has begun to exhibit a kind of "economic nihilism"—if buying a house is out of reach, what's the point of saving money?
This shift in mindset is directly reflected in three behaviors: a sharp decline in the willingness to save, weakened motivation to work, and more funds flowing into high-risk speculative markets such as cryptocurrencies. The logic is simple—after the traditional "save money–buy a house–stability" path is blocked, young people begin to seek outlets that provide stronger immediate feedback. The crypto market happens to fill this psychological gap.
Interestingly, young people who still believe they will "one day be able to buy a house" display completely different behavioral patterns. They are still actively saving and making long-term plans, because having a goal is the strongest motivating factor. Whether or not you believe in the future directly determines the choices you make now.
The policy recommendations mentioned in the article are actually quite pragmatic: loosening

[Bitpush] Recently, some people have been comparing Bitcoin's pullback to the Tulip Bubble again, but Bloomberg's senior ETF analyst Eric Balchunas directly refuted this.
His point is quite interesting: tulips only boomed for three years in the 17th century, and once they crashed, they were completely done. Bitcoin? This thing has survived 6 to 7 major crashes, and every time it bounces back to hit new highs. It's been going strong for 17 years and is still kicking.
The data speaks for itself—up 250% in the past three years, with a 122% surge just last year. This current drop? Frankly, it’s just giving back some gains after last year’s big run. Even if 2025 is flat or slightly down, the long-term annualized return rate can still stay around 50%.
Eric especially emphasized one point: the only real similarity between Bitcoin and tulips is that neither produces yield. But does gold, a Picasso painting, or rare stamps produce yield? They’re still treated as treasures all the same.

Bitcoin recently dropped to $89,700, but on-chain data shows that the SOPR ratio has fallen to 1.35, indicating that the "old coin sell-off" has basically ended. The profit gap has narrowed, the market has undergone a "washout," which may suggest that selling pressure is reaching its bottom. If 1.35 holds, it could form a local bottom and set the stage for the next round of gains.

The latest data shows that a whale has accumulated over $430 million in crypto assets through associated addresses, with ETH making up the majority. This demonstrates strong confidence in Ethereum. The whale has also allocated funds to XRP and HYPE, possibly for risk management or concealed holdings. Such moves are worth paying attention to.

In last year's shocking Genesis theft case, the hacker Danny Michi, who made off with $243 million, may have been tracked down in Dubai. On-chain investigators discovered an Ethereum wallet matching assets seized by law enforcement, demonstrating how transparent blockchains facilitate the tracking of criminal activity.

Recently, publicly listed companies holding Bitcoin have encountered difficulties, with their stock prices plummeting and even experiencing price inversion. A large number of leveraged positions have been liquidated, market panic has intensified, and it will be difficult to reverse the situation in the short term.

Recently, the price of LINK was blocked near $14.9 and has retraced to $13.63. Although large holders are actively buying, intense selling pressure from retail investors has resulted in sell orders far exceeding buys. The current situation is delicate; if large holders continue to increase their positions, a breakout above $14 is possible. Otherwise, the support level may be near $12.7, and the outcome of the contest between both sides remains unpredictable.

After its listing on the US stock market, Soluna Holdings successfully raised $32 million, planning to use the funds for daily operations, project investments, and the continued development of its Bitcoin mining and generative AI businesses, further increasing its investment in the high-performance computing sector.

[Chain News] A leading exchange is about to list NIGHT spot trading.
NIGHT is the native token of Midnight Network, combining governance and utility functions. This project is quite interesting—Midnight Network is Charles

DOGE has experienced significant price fluctuations recently, forming a bullish engulfing pattern after a pullback. Although the market remains quiet and trading volume has declined, technical indicators show weakening bearish momentum. The KDJ golden cross and price-volume divergence suggest a potential rebound. Key support is at 0.13328, with resistance at 0.1548. Investment strategies should be approached with caution.

[BlockBeats] Observing the market on December 6th, I noticed something interesting—after checking Coinglass data, both centralized exchanges and on-chain DEXs are currently showing funding rates that signal bearish sentiment.
Let me briefly explain what this funding rate is: it's actually the fee paid between longs and shorts in perpetual contracts, with the platform taking no cut. The purpose of this mechanism is to prevent contract prices from deviating too far from spot prices. You can think of it as a thermometer for market sentiment.
How do you read this thermometer? There's an industry-accepted standard: 0.01% is considered neutral. If the funding rate is higher than this, it means longs are dominant and willing to pay shorts, indicating market optimism. But if the rate drops below 0.005%, it's the opposite—shorts are dominant, and the overall atmosphere is rather pessimistic.
Looking at the current funding rates of major coins, the numbers are indeed not looking good, and the market is obviously being dominated by the bears at the moment. This

The U.S. Securities and Exchange Commission will hold a roundtable discussion on cryptocurrencies, financial monitoring, and privacy on December 15. The event features a strong lineup of industry experts from various sectors, reflecting the regulators' new attitude toward privacy coins and crypto regulation.

On December 6, the crypto market showed a clear divergence in gains and losses. CORE rose 3.01% to $0.129, and ICP increased 2.44% to $3.571. On the downside, TIA fell 6.13% to $0.571, and SUI dropped 5.21% to $1.550. Overall, the market performance varied significantly.