Meta has been sued by multiple school districts in the United States for the impact of its social platforms on the mental health of teenagers. Its 2020 "Mercury Project" showed that users experienced reduced depression and anxiety after stopping the use of Facebook and Instagram. However, Meta denies that its products are harmful to teenagers, which is shocking.

On October 11, the flash crash was honestly a typical case of technical debt explosion.
Many people do not understand why a good market suddenly experiences a bloodbath. The core issue lies in the automated liquidation mechanism—ADL is essentially an on-chain version of a forced liquidation system. Once the price of your collateral falls below the threshold, the code directly sweeps you out the door without giving any reaction time.
The most outrageous thing that day was the USDE stablecoin. Other platforms were all honestly pegging to 1 dollar, but a certain major exchange's internal quote crashed directly to 0.65 dollars. Where's the problem? The liquidity was already thin, and as soon as the price tilted, ADL immediately triggered a chain reaction, wiping out thousands of accounts within minutes—even though they were still making money just a second before.
I know which trading platform it is, but I won't name it here. The technical flaws are even greater: they should have aggregated pricing data from multiple platforms, but instead, they only look at their internal market conditions. Once this design flaw is triggered, the consequences will be

Tether's CEO Paolo Ardoino introduced the new features of Rumble Wallet on X, which now supports Bitcoin, USDT, and XAUT, and will integrate the US stablecoin USAT. The wallet also plans to implement account abstraction to simplify the payment process and drop the usage threshold for newbies.

[Coin World] Yesterday, there was a trader who had a tough time, Address 0x152e took a big hit on ZEC, and the long order got liquidated, resulting in a direct loss of 846,000 dollars.
However, this guy has a strong mindset. As soon as ZEC took a breather and rebounded, he immediately turned the gun around—he opened a reverse operation in the past 40 minutes: using 5x leverage to short 4,574 ZEC, throwing in a stake of 2.66 million USD.
What’s even more ruthless is that he simultaneously went all in on BTC, using 20x leverage to put in 367 Bitcoins, with a position value nearing 31.63 million dollars. This move either leads to a turnaround or another liquidation, which is quite thrilling.

Matt Hougan, the Chief Investment Officer at Bitwise, pointed out that the perception of Crypto Assets is constantly evolving, from the initial concept of "digital gold" to today's diverse ideas, such as stablecoins and tokenization. He believes that more emerging fields will appear in the future, and the industry's ceiling far exceeds current understanding.

[Coin World] On-chain monitoring has discovered a large order of ETH worth 2 million U has just been executed! The transaction price is 2782 U, and it swallowed 718.91 ETH in one go. Transactions of this magnitude often come from institutions or Whale players, making it worth following whether there will be a chain reaction afterward. The market has always been sensitive to such large inflows, and the price fluctuation of ETH may respond in the short term.

MoonPay Ventures invests in the self-custody Wallet Zengo and provides fiat deposit services, aiming to enhance user convenience in trading Crypto Assets within the Wallet while expanding payment channels to promote the rise of the Zengo product ecosystem. This collaboration follows product usability and reflects a substantive strategic partnership.

[Coin World] Paxos has made another big move. Just detected 328.6 million PYUSD (worth about 328.8 million USD) transferred from one unknown Address to another unknown Address.
Transfers of stablecoins at this level are usually not taken lightly—there may be institutions rebalancing their portfolios, or a large holder preparing for some action. Although the wallet address does not reveal an identity, the scale is enough to draw attention to whether there will be any market fluctuations next.
On-chain data doesn't lie, this transaction has indeed happened.

On-chain data from [币界] shows that a Whale has just transferred 3,110 Bitcoins, which is approximately $262.5 million at the current price. The transfer is from an unknown Address to another new Address, and it is currently unclear whether it is a deposit to an exchange or OTC Trading. Such large transfers usually attract market attention, as the volume is significant.

[CoinWorld] There has been a major development on-chain. A large Bitcoin transfer has just been detected - 1734 BTC has been moved between two unknown Wallets, amounting to approximately $147 million at current prices.
What does a transfer of this magnitude usually signify? It could mean that institutions are rebalancing their portfolios, or it could be that exchanges are transferring funds between hot and cold wallets. In any case, such a large flow of funds is always a signal worth paying attention to. How will the market react? Let's continue to observe.

XRP Tundra officially confirms that the institutional acquisition negotiations have entered a substantial phase, accelerating the issuance plan, with a public offering expected to start on December 15. Retail investors maintain a price of 0.01 USD, and the team emphasizes the importance of maintaining communication with the community. On the technical side, the dual-chain infrastructure upgrade is preparing for future traffic explosion.

DOGE has experienced significant market fluctuations recently, with long positions losing $288,000 and short positions also losing $174,000. The volume has seen a big dump of 41.14% to $2.36 billion, and the coin price has dropped to $0.1369. The community warns of an increase in scams, and players should be cautious to avoid falling into the fear of missing out (FOMO) trap.

XRP recently experienced a large amount of buying around $1.75, absorbing 1.8 billion tokens in a short period, forming support. The price then rebounded to $1.91, but as it approached $2, the volume decreased, and the Whale dumping led to an unclear trend. Although the overall bull run framework has not been broken, attention still needs to be paid to the retail investors' willingness to catch a falling knife.

Fed Boston Fed President Collins remains hesitant about a rate cut in December due to the possibility of rising unemployment and unclear inflation deceleration. Different officials have divergent views on the economic situation, and short-term expectations for rate cuts may influence the crypto market.

Recent BTC trends show that after experiencing significant fluctuations, the price has warmed up somewhat, but has not been able to maintain its rise. The technical analysis indicates that short positions are weakening, but the trading volume is shrinking, suggesting insufficient upward momentum. It is advisable to follow specific price levels for operations, while also recommending patience to observe before the direction is clear.

The current Bitcoin market is not a narrative collapse, but rather a conventional "buffer adjustment". Although some old players are reducing their positions, ETFs and net inflows remain strong, and the market trend stays stable. Patience is key, as a surprise rebound may occur.

Recently, the price of SOL has been fluctuating around $126.50. Although it has risen by 0.75% today, it has fallen by more than 10% over the past week. On-chain data shows an increase in Wallet activity, which may indicate an influx of funds. The price range of $125 to $130 is crucial, and whether it can be stabilized will affect the future market direction.

XRP fell 15% this week, currently stuck at $1.91, while the technicals show positive signals. Grayscale is about to launch a Spot XRP ETF, which is expected to have a favourable impact. At the same time, there is strong support around $1.75. Investors are following whether it can hold $1.91; if it holds, a rebound opportunity may arise.

[Coin World] On-chain data monitoring shows that U.S. institutions have not yet recovered from this wave.
The hourly premium indicator of a certain compliant platform remains in the negative range, indicating that the buying strength in the US market is still relatively weak. This premium indicator has always been used as a thermometer for institutional sentiment - a negative value means that compared to other regions, US traders are more conservative in their bids and their buying intentions have not yet increased.
When will institutional funds truly warm up? We may need to keep an eye on this data.

On November 22, Ki Young Ju, the head of CryptoQuant, spoke out. He bluntly stated that it might be a bit too optimistic to say that American institutions' confidence in the crypto market has completely returned. What’s the evidence? The Bitcoin premium on Coinbase is still showing negative numbers. It should be noted that this indicator usually reflects the real flow of American funds—only when the premium turns positive does it mean that institutions are actually entering the market with real money. Currently, the wait-and-see sentiment remains strong.