Bitget Daily Briefing (December 8) | The median stock price of DAT Company listed in the US and Canada has fallen by 43% this year; Trump plans to replace the existing personal income tax system with tariff revenue

Today's Outlook

1. According to PANews, Bloomberg reports that the median stock price of DAT companies listed in the U.S. and Canada has dropped by 43% this year.

2. Michael Saylor has released Bitcoin Tracker information again, and may disclose additional holdings data this week.

3. Data: The total supply of USDT has surpassed 19 billion, reaching a new high.

Macro & Hot Topics

1. K33 Research analyst Vetle Lunde: December may be a turning point for the recent crypto market, with structural upward potential forming. Bitcoin's current valuation reflects market panic more than fundamental factors, and the likelihood of a significant market rise is much greater than a further 80% drop. December may present a bold opportunity for accumulation.

2. Trump: "In the near future, there will be no need to pay personal income tax." It is reported that Trump plans to replace the existing personal income tax system with tariff revenues.

3. Hassett: Unless there is a "black swan" disruption, the U.S. is set to experience a golden year in economic history.

Market Trends

1. In the past 24 hours, the cryptocurrency market saw a total liquidation of $439 million, with $295 million in long liquidations. BTC liquidations amounted to $109 million, while ETH liquidations totaled $181 million.

2. U.S. stocks: The Dow Jones fell by 0.22%, the S&P 500 rose by 0.19%, and the Nasdaq Composite increased by 0.31%.

3. Bitget BTC/USDT liquidation map shows: There is a dense long liquidation zone around $90,900 for BTC. If it falls below this range, it may trigger further cascading long liquidations. Meanwhile, there is significant short accumulation above, concentrated in the $92,000–$95,000 range. If the price rises into this area, it may lead to accelerated upward movement due to short squeezes.

4. In the past 24 hours, BTC saw an inflow of $177 million and an outflow of $169 million, resulting in a net inflow of $8 million.

News Updates

1. Global asset management company WisdomTree has launched a new type of tokenized fund, bringing options yield strategies to the blockchain.

2. Analysis: The U.S. SEC plans to assess the weight of crypto privacy regulations, which may lead to polarized divisions.

3. Musk: Grok 4.20 will be released in 3 to 4 weeks.

Project Progress

1. Farcaster co-founder Dan Romero: Farcaster is focused on creating a wallet to attract more users.

2. HumidiFi: The public sale of the new token will start on December 8 at 23:00.

3. Ethena has withdrawn 25 million ENA from Bybit again, valued at $7.05 million. The wallet currently holds 779.89 million ENA, with a total value of $207.7 million.

4. ZKsync plans to abandon the early network ZKsync Lite by 2026.

5. Tokens such as APT, LINEA, and CHEEL will see significant unlocks this week, with APT unlocking valued at approximately $19.3 million.

6. A wallet suspected to be Wintermute has accumulated about $5.2 million in SYRUP tokens over the past two weeks.

7. The president of the Solana Foundation calls for lending protocols to stop infighting and focus on expanding the market.

8. Twenty One Capital will be listed on the NYSE on December 9.

9. Analysts: The ETH holdings on CEX platforms have dropped to a historical low of 8.8%, and supply tightness may drive prices up.

10. NVIDIA CEO Jensen Huang: Bitcoin is absorbing excess energy and storing it as a new currency.

**Disclaimer: This report is generated by AI, with human verification for information only, and does not constitute any investment advice.