A whale has borrowed coins to short 5,000 ETH, worth $15.66 million

**Wall Street Laser-Focused on Delayed September PCE Data (Fed’s Preferred Inflation Gauge)** With this critical deadline approaching this Friday, December 5, Wall Street is laser-focused on the upcoming U.S. September Personal Consumption Expenditures (PCE) Price Index — the Federal Reserve’s preferred inflation gauge. - Not just the first official inflation reading since late September, it’s the **lodestar** for whether U.S. stocks can escape recent volatility and chart their next direction. - Delayed by the prior government shutdown, the report has left markets rife with uncertainty. Investors, analysts, and even Fed officials are waiting eagerly to cut through the economic fog. ### Key Data to Watch (8:00 PM ET Today) - **Core PCE YoY**: Prior = 2.9% (no official forecast given, but markets are tuned to inflation trends). - **Headline PCE YoY**: Expected = 2.8% (slight uptick from August’s 2.7% — would mark the highest since April 2024 if realized). - **PCE MoM**:

On December 5, the European Commission announced plans to shift regulatory oversight of crypto firms to the European Union’s market watchdog as part of a push for “comprehensive integration” of the bloc’s financial markets. The Commission noted that putting crypto regulation under the European Securities and Markets Authority (ESMA)’s scope would boost regulatory effectiveness and smooth cross-border operations. The proposal targets addressing decentralization challenges stemming from regulatory gaps across the EU’s 27 member states. Earlier, national regulators—including France’s AMF, Austria’s FMA, and Italy’s Consob—raised concerns about MiCA implementation and urged ESMA to step up oversight. The plan still requires negotiation and approval from the European Parliament and European Council.

December 5th Pre-Market: U.S. cryptocurrency-related stocks saw a general decline, with the following moves: - MSTR: Down 0.49% - COIN: Down 0.01% - HOOD: Down 0.06% - SBET: Down 0.63% - BMNR: Down 1.21% - CRCL: Down 0.33%

On December 5, per OnchainLens data, a BlackRock-linked crypto address transferred 1,385 BTC (valued at $1.263 billion) and 799 ETH (valued at $2.5 million) to Coinbase.

**Bitget Launches Updates for AI Trading Assistant GetAgent** On December 5, Bitget announced its AI-powered trading assistant GetAgent has successfully rolled out feature iterations and enhanced user benefits. GetAgent now tailors responses to query context, delivering precise, fast answers or generating detailed analysis reports. Integrated with AI algorithms, real-time market data, and over 50 professional-grade MCP tools, it uses natural language interaction to analyze market trends intelligently—incorporating users’ position preferences to craft personalized trading strategies. Additionally, the GetAgent membership program has been fully updated: all users now get increased daily query limits and expanded in-depth research quotas. The upgrades aim to make intelligent decision-making more accessible to a broader user base, boosting digital asset management efficiency.

**Talisman Launches Native Token SEEK, Ushering in New AI DeFi Phase** Multi-chain DeFi wallet Talisman officially launched its native token SEEK on December 5, marking a new chapter for AI-driven decentralized finance (DeFi). SEEK has a total supply of 100 million tokens, with the token generation event (TGE) valued at $60 million. Token allocation prioritizes long-term ecosystem growth, with distribution as follows: - **Community & Ecosystem (50%)**: Staking rewards, liquidity provider (LP) incentives, ecosystem grants, community initiatives, and liquidity support - **Team (15%)**: Core team and early contributors - **Investors (20%)**: Strategic investors and IDO participants - **Foundation (15%)**: Ecosystem development and long-term strategic reserves Talisman is a multi-chain wallet and Web3 gateway that lets users secure and scale their crypto assets intuitively while retaining full self-custody. As the core intelligence layer for next-generation smart financ