Market Trends - Fartcoin's trading volume reached $300 million on Coinbase during a 6% Bitcoin price drop [1] - Coinbase, with 108 million KYC-verified users and SEC oversight, is becoming a legitimacy filter for cryptocurrencies [1] - The rise of "shitcoins" on regulated exchanges like Coinbase indicates a shift from speculation to infrastructure [1] Exchange Dynamics - Coinbase's dominance in Fartcoin trading volume surpasses Binance and decentralized exchanges (DEXes) [1]

Market Access & Investment Flows - Vanguard's $11 trillion in retirement accounts will gain access to Bitcoin ETF on December 2nd [1] - This decision follows -$3.48 billion Bitcoin outflows in November, suggesting a potential shift in market dynamics [1] - Boomers with 401(k)s will now be able to invest in crypto [1] Investment Strategy - Conservative money is expected to enter the crypto market after speculative investors ("degens") have already sold [1]

layerzero collects fees on every usdt0 cross-chain transaction. bybit's 15m users now have zero-fee usdt0 access on mantle. tether's $181b fragmented across 50 chains needs unification. if 10% of usdt volume migrates to usdt0, zro processes $50b monthly in transaction fees. december 19 unlock is $32m against infrastructure controlling tether's entire cross-chain strategy. ...

winklevoss twins accumulated 4% of zcash supply at $20-40 range. 664,000 zec worth $40m. their last accumulation this size was bitcoin at $8. zec's 100x scaling upgrade q2 2025 takes it from 30 tps to 3,000 tps. privacy infrastructure for every transparent chain that needs it. ...

pendle's pt-thbill on euler finance prints 36% roe through leveraged collateral strategies. you're borrowing against tokenized treasuries yielding 5% to farm defi at 13-36%. $230m tvl across lending markets proves the arbitrage works at scale. stake dao locking 2.5m pendle shows where smart money concentrates for vependle boost amplification on these positions. ...

blackrock pulled $2.347b from ibit and $1.038b from etha in november. largest bitcoin etf holder reducing exposure after 2x gains means the accumulation phase ended. $3.4b leaving in 30 days creates structural overhang that bounces can't overcome until q1 2026 flows turn positive. ...

ethena generates $365m annual fees but lost 50% tvl in 43 days when sUSDe yield dropped to 2.7%. the entire $14.8b to $7.2b collapse triggered when yield fell below aave borrowing costs, breaking every leverage loop. $54m ena unlocks tomorrow into a protocol that only works when subsidized. ...

RWA Market & Ethereum Dominance - Ethereum controls approximately 64% ($12 billion out of $1875 billion) of the Real World Asset (RWA) market [1] TradFi Adoption on Ethereum - Amundi, with €23 trillion (approximately $25 trillion) AUM, tokenized their money market fund on Ethereum mainnet [1] - Fidelity's tokenized treasuries on Ethereum have reached $250 million [1] Infrastructure & Liquidity - Traditional Finance (TradFi) requires regulatory infrastructure and $188 billion in stablecoin liquidity for transactions exceeding $50 million [1] - Ethereum is currently the only blockchain that possesses both the necessary regulatory infrastructure and stablecoin liquidity [1] Market Performance - Ethereum is underperforming against Bitcoin (BTC), but it is attracting capital that compounds over time [1]

monad's market makers hold 160m mon tokens with zero lockup. team and vcs locked for a year but mms can dump today. that's why mon trades at $250m market cap after raising $431m. you're not buying dips, you're providing exit liquidity for entities whose entire business model is converting those 160m tokens to usd. ...

bittensor halvening hits december 13. daily tao emissions drop from 7,200 to 3,600. sell pressure cuts from $3.6m to $1.8m overnight. but if validators earning 15-30% apy today see revenue halve and start shutting down gpu rigs, subnet quality dies. 2,500 validators now. if that drops below 2,000 by january, the supply shock won't matter. ...