the market shows that AAVE has fallen below $280 and is now reported at $279.95, with a 24-hour increase of 8.05%. The market is volatile, so please take appropriate risk control measures.

Arkham shared in a post on December 6th that BlackRock's ETF purchased over $500 million worth of Ether in the past week, and its ETH holdings doubled in the past month.

According to SolanaFloor data reported by Jinse Finance on November 7th, Solana validators earned $445 million in October.

Ki Young Ju, CEO of CryptoQuant, said on his social media platform: "I agree with everything meme coin enthusiasts talk about, except for the 'meme token cycle'. Social media has evolved from being centered around friends and family relationships to being centered around common interests, and the next step is social media driven by economic interests, which is also the vision of Web3. Memecoin is just a temporary combination of economics and common interests in the transitional phase of social media. Soon, we will see an era where economic interests are aligned with the creation of internet social value, and that is when the real season of altcoins will begin."

the market shows ETH has fallen below $4,000 and is now trading at $3,999.51, with a 24-hour increase of 3.54%. The market is fluctuating greatly, so please be prepared for risk control.

Cytonic, a layer-1 blockchain called "MultiVM" that allows for compatibility with various Web3 technologies, has raised $8.3 million in a seed round led by Lemniscap and Lattice. Developed by MultiVM Labs, Cytonic is the first layer 1 blockchain that runs multiple VM's within the same network layer using shared storage, addressing blockchain compatibility challenges. Cytonic is compatible with most blockchains like Bitcoin, Ethereum, and Solana, enabling different transaction types to be processed together in a single block, with the goal of making on-chain interactions easier and reducing transaction fees and waiting times when moving assets between chains.

According to data monitored by Arkham, about three hours ago, BlackRock's Bitcoin exchange-traded fund IBIT Bitcoin ETF transferred a total of 1,060.63 BTC, worth about $79.47 million, to Coinbase Prime Deposit address.

On December 7th, Bitwise saw a large outflow of BTC. According to Arkham monitoring data, approximately 18 hours ago, 2,583 BTC flowed out of Bitwise's Bitcoin exchange-traded fund BITB Bitcoin ETF to an unknown address starting with bc1q4, with a value of up to $257.15 million.

Whale Alert monitors showed that at around 19:41 Beijing time, an address that holds 870,019 DOGE (worth $391,889) was activated after being dormant for 11 years.

On November 7th, it was reported that according to Ethereum supply data analysis, the supply of ETH is greater than the amount being burned, with 11,431 ETH added in the last 7 days. Ethereum's income and ETH supply burning have significantly decreased, with total income being 69% lower than the average of the 150 days prior to the upgrade, and ETH burning being more than 80% lower than the average of the 150 days prior to the upgrade. The majority of industry professionals consider Ethereum's upgrade to be a failure in many cases.

On October 27th, according to Token Unlocks data, TIA, SUI, and OP tokens will have a large amount of unlocking next week. Specifically:

According to a report from the US Congress Hill, billionaire Musk hinted on social media on December 6 that he would not use his growing influence in the Trump administration to harm or retaliate against industry competitors. The report also stated that the CEO of American artificial intelligence company OpenAI, Altman, and the founder of Amazon, Bezos, both said this week that they believe Musk will not abuse his relationship with US President-elect Trump to strengthen his competitive position. Musk responded to this when he reposted the relevant post on his social media platform X on the 6th, saying, "They are right." 

On December 7th, according to Mobile Payment Network, the Office of the Standing Committee of the Shanghai Municipal People's Congress announced that the 17th meeting of the 16th Standing Committee of the Shanghai Municipal People's Congress reviewed the "Several Provisions on Promoting the Application of Blockchain to Empower Electronic Documents in Pudong New Area, Shanghai (Draft)". In order to further promote legislative democracy, the draft regulations and related explanations are now publicly announced to solicit opinions from the society, so as to further study and modify them, and then submit them to the future Standing Committee meetings for review. The "Several Provisions on the Application of Electronic Documents" support the integration of the digital RMB system into the blockchain infrastructure, and promote the use of digital RMB in various application scenarios such as electronic document certification, pricing, payment, settlement, and investment and financing. In addition, the "Several Provisions on the Application of Electronic Documents" also state that relevant departments will promote the management and sharing of various electronic certificates and documents generated by their performance relying on blockchain infrastructure.

spot gold broke through $2,680/oz, rising 0.80% intraday.

Christian, co-founder of the NDV crypto fund and NFT whale, announced on X platform that he will participate in the Cattelan banana auction at Sotheby's. If successful, he will represent the Cheems (@LordCheems_bsc) community in "feeding this masterpiece to the cute Shiba Inu Cheems." Christian also stated that spreading the memecoin revolution will be very interesting during this cycle.

Celestia co-founder Nick White stated on social media that the core of blockchain is verifiability, with the aim of freeing us from committees and intermediaries. A more decentralized committee is still a committee.

On December 7th, according to official sources, Megabit officially launched the LDO USDT perpetual contract with up to 75x leverage at 20:00 (UTC+8).

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has partnered with Aptos, an innovative blockchain network, to offer an exclusive APT Ecosystem Airdrop to Web3 builders. This collaboration aims to support the growth of cutting-edge blockchain technologies and fuel the next wave of Web3 projects. The airdrop, hosted on Bybit's Airdrop Arcade, provides users with a chance to explore Aptos's innovative blockchain features while potentially earning $APT rewards. Bybit and Aptos's strategic collaboration marks a pivotal step in making decentralized technology more accessible, secure, and engaging.

According to TheBlock, with the cooling of the Memecoin craze, the total daily transaction fees paid on the Solana blockchain have dropped to the lowest level in months. On Monday, Solana's daily transaction fees dropped to $639,000, a 65% decrease from this month's peak of $1.83 million on August 8 and an 87% decrease from the historical high of $5.08 million on March 18.