Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

Dec. 5 — Takayasu Kudo, an economist at Bank of America, said in a report that the Bank of Japan (BOJ) is expected to raise its target interest rate from 0.5% to 0.75% at its Dec. 18-19 meeting, and then continue hiking the policy rate every six months thereafter. “Recent corporate earnings, wage negotiations, yen depreciation in the foreign exchange market, and dialogues with the government have made the BOJ increasingly confident it can raise rates at the upcoming December meeting,” he noted. Kudo also predicts the BOJ will hike rates in June 2026, followed by additional increases in January and July 2027. (Kyi)

Dec. 5th Official Announcement: Binance will suspend Terra (LUNA) network token deposit and withdrawal services at 20:05 UTC+8 on Dec. 8, 2025, to support the network’s upgrade. The Terra project team plans to carry out the upgrade at block height 18,660,000 (expected at 21:05 UTC+8 on the same date).

On December 5, Solmate Infrastructure—the Solana-focused infrastructure firm listed on Nasdaq under ticker SLMT—announced via Businesswire that it has signed a non-binding letter of intent (LOI) to merge with RockawayX. The move marks the company’s shift from a treasury-focused entity that passively manages digital assets to an integrated crypto business group spanning infrastructure, liquidity solutions, and asset management. Under the proposed deal, Solmate will acquire all outstanding shares of RockawayX in an all-stock transaction, creating a unified crypto enterprise with end-to-end capabilities across its target verticals. The combined entity will retain the Nasdaq ticker SLMT. The transaction is targeted to close in the first half of 2026, subject to the execution of a final binding agreement, receipt of required regulatory and shareholder approvals, and satisfaction of customary closing conditions.

On December 5, Binance announced it will stop supporting deposits and withdrawals for three network-specific tokens at 16:00 Beijing time (UTC+8) on December 12, 2025. After this time, deposits via the following networks will NOT be credited to user accounts and may result in asset loss: - Tranchess (CHESS) on the Ethereum Network - dForce (DF) on the BNB Smart Chain - Aavegotchi (GHST) on the Polygon Network

As of December 5th, per monitoring from HyperInsight, the "Top 100% Win Rate Whale Opponent Trader" (address 0x218) has seen its ETH short position swing from an unrealized $5 million profit on December 2nd to an unrealized loss of roughly $2.49 million. The position totals $51.72 million in size, with an average entry price of $3005. On December 1st, the address significantly boosted its short position at $2810—when ETH was trading at that level—subsequently lowering its average entry price. Notably, this address previously used $5 million in principal to take a countertrade against the then-high-flying "100% Win Rate Whale," closing the position within two weeks for a $5.08 million gain. This is its second short position; the account’s total profit still stands at $2.8 million.

**December 5: U.S. September PCE Inflation (Fed’s Favorite Gauge) Hits Tonight—Key for Dec Rate Decision** ### PCE Preview The Federal Reserve’s most closely watched inflation metric drops tonight. The print will directly shape the central bank’s December rate call: current market odds of a 25bp cut sit at 87%. Core PCE year-over-year is expected at ~2.8% (slightly above the Fed’s 2% target but continuing a cooling trend). A softer-than-expected reading will reinforce the “soft landing” narrative and bets on an easing monetary policy cycle. ### Macro Context Yesterday’s weak ADP employment data has made markets more sensitive to this inflation release. - **In-line/below-expectations**: Weaker U.S. dollar, support for risk assets. - **Hotter-than-expected**: Reignited inflation stagnation fears, higher Treasury yields, lower rate cut bets, short-term flight from high-volatility assets. Overall sentiment is cautious; liquidity remains on the sidelines for event-driven po