This week, the US Bitcoin Spot ETF saw a net outflow of $87.7 million

As of December 6th, Farside Investors reported that U.S. Ethereum spot ETFs recorded a net outflow of $65.4 million this week. Among the funds, Grayscale’s ETHA saw a net outflow of $55.8 million, while its ETHE had a net outflow of $53.2 million.

Dec 6 — Web3 ecosystem project MiniDoge unveiled its curated NFT artwork at Art Basel Miami Beach (Dec 5–7) in Miami, USA, as part of its effort to explore cross-border integration between Web3 and contemporary art. This year’s Art Basel has drawn 283 top galleries from 43 countries and regions, with over 80,000 global art collectors, venture capital firms, and crypto industry leaders expected to attend. As a global hub for Web3, AI, and art, Miami has turned the fair into a key cross-disciplinary platform. MiniDoge’s showcased NFT centers on a fusion of Meme culture, DeFi utility, and on-chain creativity.

Dec 6 — SVM Layer1 blockchain project Fogo has announced the launch of its Ecosystem Points Program 1.5 and mainnet performance testing initiative **Fogo Fishing**. Fogo Fishing simulates high-frequency trading and on-chain throughput to stress-test the mainnet. The event will run for roughly two weeks, with several random snapshots taken during the period. Fogo plans to airdrop tokens to users who participate in Fogo Fishing activities and liquidity provider (LP) events on Valiant Pools. To date, Fogo Fishing has recorded a TPS (transactions per second) exceeding 1,000. Previously reported: On Jan 25, 2025, Fogo (an SVM Layer1 chain) closed an $8 million financing round on investment platform Echo, with a token valuation of $100 million. The Echonomist led the round, with other participants including 4 CMS Holdings, Big Brain Collective, and Patrons. In December 2024, Fogo completed a $5.5 million seed round, led by Distributed Global (which contributed $5 million). The proje

On December 6th, per HTX market data, Bitcoin topped $90,000, while its 24-hour decline narrowed to 0.55%.

On December 6, Bitget announced via an official statement the launch of its U-Index-powered POWER perpetual contract, which offers leverage ranging from 1x to 20x. The platform will also roll out its contract trading BOT simultaneously.

December 6th The U.S. released delayed September PCE inflation data yesterday: core PCE year-over-year hit 2.8%—a five-month low, slightly below market forecasts. That gives the Fed more leeway to cut rates at its December meeting. Overall, inflation’s showing a “slowing but not fully tamed” trend. Markets are now betting on a “soft landing” scenario: the U.S. dollar index keeps sliding, U.S. Treasury yields are falling, and U.S. stocks are extending a modest rally. But the crypto market has decoupled from equities. Bitcoin briefly dipped to roughly $87k after the data drop, swinging 3% over 24 hours. This was driven mainly by options expirations, MicroStrategy-related pressure, and Asian market volatility—not inflation itself. Major coins pulled back in sync, but BTC ETFs still saw net inflows of nearly $60 million. That signals institutional buying hasn’t faded, and market panic has eased from extreme levels to neutral territory. In the short term, BTC’s key support zone is