Lookonchain APP

App Store

JPMorgan Chase: "Crypto Winter" Will Not Come, Structural Deterioration in Crypto Demand Not Evident

12 hours ago

Dec. 10 — JPMorgan said in a research note that Bitcoin’s recent pullback, paired with rising market panic, does not signal a new crypto winter, but rather a “meaningful correction.” Several short-term drivers behind the recent sell-off include: - ETF outflows tied to basis trading unwinds - Liquidation pressure on overleveraged long positions - Year-end seasonal liquidity crunch - Soft macro conditions ahead of today’s Fed interest rate decision The bank stressed these developments do not point to a structural deterioration in crypto demand. Institutional interest, progress in real-world applications and the tokenization trend all remain robust. JPMorgan believes the market is still in a phase of healthy adjustment—not a return to a bear market cycle.
Relevant content

Cryptocurrency Exchange Gemini Granted Entry into Prediction Market Space

On December 11, cryptocurrency exchange Gemini Space Station, Inc. (ticker: GEMI) received approval to enter the prediction market space. The U.S. Commodity Futures Trading Commission (CFTC) greenlit the firm this Wednesday to operate as a Designated Contract Market (DCM). Its prediction platform, Gemini Titan, will initially launch classic binary event contracts—“simple yes/no questions about future events.” Gemini noted it may later expand to other CFTC-regulated derivatives markets, including cryptocurrency futures, options, and perpetual contracts. The exchange first filed for a DCM license back on March 10, 2020, but its application did not explicitly state plans to launch a prediction market. (A DCM refers to most trading platforms registered and overseen by the CFTC.)

8 minutes ago

Bitcoin's Price Briefly Drops Below $91,000

Bitcoin briefly dipped below $91,000 on December 11th, per HTX Market Data. It is currently trading at $91,006, down 1.34% over the past 24 hours.

8 minutes ago

「Buddy」 further deposited 254.7k U to Hyperliquid to continue longing ETH

December 11 – Per monitoring from Hyperinsight (via its Telegram channel @HyperInsight), "Big Brother Whale" Huang Licheng deposited 254,727 USDC into Hyperliquid four hours ago to extend his ETH long position. His current 25x-leveraged ETH long holds 11,100 ETH (valued at ~$36.36 million), with an entry price of $3,260 and a liquidation price of $3,201.04.

8 minutes ago

A whale address withdrew 101,000 SOL from Kraken 10 hours ago, accumulating a total of 628,000 SOL.

December 11th: Per Onchain Lens monitoring, a whale address pulled 101,365 SOL from Kraken exchange 10 hours ago, valued at roughly $13.89 million. At present, the whale holds a total of 628,564 SOL—valued at approximately $84.13 million—with 519,217 SOL in its wallet and 109,348 SOL staked.

8 minutes ago

Sygnum Asia Pacific High Net Worth Individual Survey: 87% of respondents already hold cryptocurrency, with an average allocation of around 17%; 60% of respondents are prepared to increase their cryptocurrency allocation.

**December 11** Sixty percent of surveyed Asian high-net-worth individuals (HNWIs) plan to boost their cryptocurrency allocations, per Sygnum’s 2025 Asia-Pacific HNWIs Report—driven by a bullish outlook for digital assets over the next two to five years. The survey polled 270 HNWIs (with investable assets exceeding $1 million) and seasoned professional investors (10+ years of experience) across 10 Asia-Pacific markets, with heavy concentration in Singapore, plus Hong Kong, Indonesia, South Korea, and Thailand. Key findings: - 87% of respondents already hold digital assets; nearly half have allocated over 10% of their portfolios to crypto, with an average allocation of roughly 17%. - 80% report holding blockchain protocol tokens like Bitcoin, Ethereum, and Solana. - 56% cite portfolio diversification as the top reason for crypto investments. - 90% view digital assets as “critical for long-term wealth preservation and estate planning—not just pure speculation.” Sygnum

8 minutes ago

Figure is planning to introduce the security tokenized stablecoin YLDS on Solana.

December 11 — Per a Business Insider report, Figure Technology subsidiary Figure Certificate Company (FCC) plans to mint YLDS natively on the Solana blockchain. YLDS is a registered public debt security: a security-backed stablecoin designed to maintain a fixed dollar value and generate ongoing yield via U.S. Treasury securities and repurchase agreements. Solana-based decentralized finance (DeFi) yield exchange Exponent Finance intends to be the first to adopt YLDS.

8 minutes ago