Zama: Sealed-Bid Dutch Auction Token Sale to Start on January 12

On December 1, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone said in a social media post that Bitcoin could retrace to $50,000, while the Bitcoin-to-gold ratio may eventually drop to 13x. He noted extreme market euphoria suggests risk assets may decline further—with Bitcoin likely leading the way. McGlone added the Bloomberg Economic Model shows the Bitcoin-to-gold ratio was around 20x as of December 1, though its fair value is closer to 13x. The key driver pushing the ratio lower: S&P 500 120-day volatility is approaching its lowest year-end level since 2017.

BlackRock transferred 2,156 Bitcoin to Coinbase 7 minutes ago, per Onchain Lens monitoring—valued at roughly $186 million as of Dec. 1.

On December 1, LookOnChain monitoring data shows that the PIPPIN Diamond Hands address associated with 2Gc2Xg has just sold all 24.8 million PIPPIN tokens it held for over a year—valued at $3.74 million—locking in a profit of $3.65 million (a 4066% return). A year ago, the address spent 450 SOL (worth $90,000 at the time) to acquire these 24.8 million PIPPIN tokens. By January 11, its gains had reached roughly $7.6 million, but the holder chose not to sell then. Since that peak, PIPPIN’s market capitalization has fallen below $10 million. With PIPPIN’s recent price rebound, the holder finally exited, selling all 24.8 million tokens for 29,527 SOL (worth $3.74 million) and avoiding another missed cash-out opportunity.

On December 1st, digital asset exchange Websea announced it has secured a strategic investment from private equity firm Hongyi (Hongyi Culture), per official sources. This marks the first in-depth investment by a trillion-dollar traditional capital firm in the Web3 trading platform space. Founded in 2023, Websea holds relevant licenses in the U.S., Canada, Australia and other regions. It has rolled out guaranteed products including principal-protected copy trading, contract insurance and yield-boosting funds. Per official disclosures, Websea and Hongyi will collaborate on platform development, risk control systems, product innovation and the platform token ecosystem. The two parties are set to hold a strategic investment shareholder meeting imminently. Websea stated the investment will help the platform further enhance its global expansion, risk management and ecosystem development capabilities. Its native token WBS may also see new growth opportunities in the ecosystem going

As of December 1, Bubblemaps data shows the three addresses tied to the "1011 Flash Crash Shorter Insider Whale" — 0xf6fd, 0xF744, and 0x4116 — have collectively borrowed 220 million USDT from Aave and transferred the funds to Binance. Combined, these addresses still hold over $500 million in on-chain assets.

Bitget Launches Dual MON Events: On-Chain Wealth Management & Spot Trading (Dec. 1) — Per official sources, Bitget has rolled out two linked events for the MON token, combining on-chain wealth management and spot trading. The events run now through Dec. 7 at 12:00 UTC+8: - **On-Chain Earnings**: Users can subscribe to MON in a current account for on-chain returns, with a 20% annual percentage rate (APR) available. - **Spot Trading Airdrop**: Users who cumulatively purchase 2,000 USDT worth of MON spot during the period will collectively unlock an airdrop of 800,000 MON tokens. Eligible trading metrics include spot trades, flash swaps, and other qualified transactions.