SpaceX is planning to sell internal shares at a valuation of $80 billion, with plans to go public in the second half of next year.

December 6th — even as Bitcoin has rebounded recently — CryptoQuant’s Multi-Metric Risk Oscillation Indicator remains near the “high-risk” zone. Historically, this level has signaled a market pullback and lowered the odds of a sustained uptrend. CryptoQuant’s Risk-Aversion Model merges six metrics — downside volatility, upside volatility, exchange inflows, funding rates, futures open interest, and market performance — to deliver a data-backed assessment of market vulnerability. When the oscillation indicator nears 60 or enters the high-risk zone, pullback risks stay elevated. Bitcoin researcher Axel Adler Jr also notes the Profit/Loss Score has fallen to -3, reflecting extremely concentrated losses across Unspent Transaction Outputs (UTXOs). Historically, this level has often aligned with bear market conditions and extended cooling-off periods. Bitcoin’s current 32% drawdown exceeds typical pullback levels in a normal cycle (-20% to -25%) but hasn’t hit the panic selling threshol

On December 6th, per official sources, Pundi AI has partnered with HyperGPT—a decentralized AI marketplace and developer ecosystem—to co-build an open, transparent, user- and community-driven future for AI. Pundi AI centers on building verifiable data infrastructure, turning community contributions into trusted digital assets. HyperGPT, meanwhile, provides developer-friendly AI tools and products that let users easily build and deploy AI. Together, the two will leverage each other’s strengths to advance the integration of ethical data and robust AI, delivering real value to users. Under this collaboration, HyperGPT’s ecosystem will integrate Pundi AI’s Data Pump and tokenized datasets to boost AI performance, mitigate model risks, and make AI training more inclusive. HyperGPT also offers a suite of AI-powered Web3 tools: the HyperStore AI app marketplace, HyperSDK (AI integration tool), HyperAgent (custom AI agents), and tools for minting/monetizing AI-generated content via Hyper

On December 6, Polymarket data shows the Federal Reserve has a 94% probability of cutting rates by 25 basis points in December, with only a 6% chance of holding rates steady. Some users have even started betting on a 50-basis-point cut (currently 1% probability), and trading volume for this prediction market event has hit $260 million.

**December 6 – Concerns over stablecoin issuer Tether’s financial health have resurfaced this week, sparked by a warning from BitMEX co-founder Arthur Hayes that the firm could face a severe crisis if its reserve asset values drop.** **However, CoinShares Research Director James Butterfill has pushed back against these claims. In CoinShares’ Dec. 5 market update report, Butterfill stated concerns about Tether’s solvency “appear unfounded.”** **He noted Tether’s latest audit shows the firm holds $181 billion in reserve assets, with liabilities of roughly $174.45 billion—leaving a surplus of nearly $6.8 billion. “While stablecoin risks shouldn’t be entirely dismissed, current data doesn’t point to any systemic vulnerabilities,” he added.** **Tether remains one of the sector’s most profitable companies, raking in $10 billion in profits through the first three quarters of this year.**

Thursday, December 6 — Yield Basis, the protocol from Curve Finance founder Michael Egorov, activated its fee switch Thursday, becoming the latest cryptocurrency project to direct revenue to its token holders. Some Yield Basis users have four weeks to claim over 17 bitcoins (valued at nearly $1.6 million as of Friday) that have accumulated since the protocol launched in September. The fee switch proposal was unanimously approved by Yield Basis token holders on Wednesday.

On December 6, Jupiter announced via social media that its WET public sale will resume **Monday, December 8 at 10 a.m. Eastern Time (11 p.m. Beijing Time)**. The project will partner with the HumidiFi team to enhance anti-bot measures. Noting that currently deployed WET tokens are locked in a completed presale treasury and cannot be retrieved, the team will mint new tokens to support the public sale reboot.