Original author: Eric, Foresight News The "DeFi veteran" Synthetix, which returned from the OP Mainnet to the Ethereum mainnet, started a contract trading competition exactly one month ago today. This DeFi protocol, which went live on Ethereum as early as 2018, has gone through a long journey and ultimately returned to the embrace of the mainnet. After exploring areas such as stablecoins and synthetic assets, it chose the order book perp DEX. However, as Synthetix itself stated, they are indeed in the per...

Crypto markets plunged toward April lows on Friday as a lingering liquidity crunch amplified price swings. Bitcoin and ether fell more than 10%.

The US stock market is experiencing heightened risk aversion, with funds flowing out of technology stocks. The cryptocurrency market has entered a bear market.

1. On-chain funds: Today, $203.3M flowed into Arbitrum; $204.6M flowed out of Ethereum. 2. Maximum price fluctuations: $TNSR, $OOB 3. Top news: DAT flywheel has stalled, top investors hint that DAT company will sell off reserves, and the market will continue to undergo deep cleansing.

The Damocles sword of U.S. regulation hangs in the balance, yet the privacy coin market has already sparked a silent revolution. In today's crypto world, swept by the tide of compliance, the realm of privacy coins, once regarded as "taboo," is making a remarkable comeback to the center stage. According to the latest data, in the second half of 2025, the privacy coin market is set to experience explosive growth, with an overall market value surpassing $64 billion. Zcash (ZEC) has soared from a low of $35 in August to around $750 in November.

The Digital Asset Treasury (DAT) company is facing the risk of a death spiral triggered by the decline in cryptocurrency prices. The core indicator mNAV (market value to net asset ratio) is approaching the danger zone of 0.7x. Compared to MSTR in 2022, Bitmine and Forward Industries have higher entry costs, greater volatility in underlying assets, and low mNAV limits their ability to finance self-rescue. Investors need to closely monitor mNAV, as falling below 0.6x indicates that the model may collapse.

The U.S. Commodity Futures Trading Commission (CFTC) welcomes its new acting chair, and a transformation in cryptocurrency regulation is quietly underway, as the former iron-fisted enforcement gives way to a new innovation-friendly strategy. "The turf war is over," declared CFTC acting chair Caroline D. Pham in her speech at the FIA EXPO on November 18, 2025. She was referring to the CFTC's relationship with the United States.

From 15:05, within 26 minutes, the price of ETH plummeted from $2799 to $2680, a drop of 4.25%.

The uncertainty and pressure of the system are intensifying.

This trading strategy integrates the Relative Strength Index (RSI) with the On-Balance Volume (OBV) indicator, effectively filtering out false signals through multiple conditions for mutual verification, helping you accurately capture trading opportunities with "price momentum" and "funding support."

Gold reserves of 12.9 billion USD, an increase of 7.6 billion in nine months, this stablecoin giant is hoarding gold at a pace that surpasses sovereign nations, building an unprecedented "borderless central bank" system. The issuer of the world's largest stablecoin USDT, Tether, is accumulating physical gold at an astonishing speed. According to the Q3 2025 report, its gold reserves have skyrocketed from about 5.3 billion USD at the end of 2024 to 12.9 billion USD, with a net increase of over 7.6 billion USD in just nine months.

If you believe that the trading volume of perpetual DEX will continue to grow, then HYPE is one of the purest and most leveraged ways to have this trend.

is a profound shift in the holding structure of Bitcoin. The long-term whales remain firmly in place, while mid-term players hastily exit, and a group of new "small fish" is quietly taking over. The futures market is undergoing a cleansing after excessive speculation, with open interest plummeting by 32% and funding rates rebounding from the bottom. This adjustment is not just a return of prices, but also