The Coinbase Bitcoin Premium Index has been in a positive premium for 2 consecutive days, currently standing at 0.0236%.
December 4th — Per Coinglass data, Coinbase’s Bitcoin Premium Index has stayed in positive territory for two straight days, with its current reading at 0.0236%.
BlockBeats Note: The Coinbase Bitcoin Premium Index tracks the gap between Bitcoin’s price on Coinbase (a top U.S. exchange) and the global market average. It’s a key indicator for monitoring U.S. market capital inflows, institutional investment enthusiasm, and shifts in market sentiment.
A positive premium (Coinbase price > global average) typically signals: strong U.S. buying pressure, active entry of institutions or compliant funds, ample USD liquidity, and generally optimistic investor mood. A negative premium (Coinbase price < global average) usually reflects: heavy U.S. selling pressure, reduced investor risk appetite, rising hedging sentiment, or capital outflows.
18 minutes ago
Bitwise CIO: Strategy Will Not Sell Its Bitcoin Holdings
**Dec. 4 (The Block) — Bitwise Chief Investment Officer Matt Hougan pushed back against claims that MicroStrategy (formerly Strategy) could be forced to sell its Bitcoin holdings, calling the premise “completely wrong.” He noted there’s no requirement for the company to offload Bitcoin, whether due to index changes or market pressure.**
**Hougan addressed recent questions focused on two key issues: whether MicroStrategy will be excluded from MSCI’s investable indexes, and if such a move would force the firm to liquidate its multi-billion-dollar Bitcoin holdings. He confirmed MSCI is weighing whether to remove digital asset treasury companies from its indexes, with a decision due Jan. 15. JPMorgan estimates passive funds could sell roughly $2.8 billion worth of MicroStrategy shares if the firm is excluded, while Hougan puts the probability of exclusion at around 75%.**
**Still, Hougan cited historical data showing index inclusions/exclusions have far less price impact than investo
18 minutes ago
South Korean custodian Bidex has expanded the Korean won stablecoin KRW1 to the Polygon blockchain.
December 4th — South Korean digital asset custody firm Bidex has expanded distribution of its Korean won-collateralized stablecoin KRW1 to the Polygon blockchain, per News1.
Previously, Bidex had announced plans to issue KRW1 on Circle’s Ark blockchain. The addition of Polygon comes as the network offers high transaction throughput and low fees.
KRW1 is backed by Korean won deposits held in domestic Korean bank accounts, with collateral funds sourced directly from those accounts.
18 minutes ago
Pacifica has completed the distribution of 10 million tokens this week, with multiple smart money addresses benefiting from "Tokenomics and Revenue" double-dipping.
December 4th – Pacifica, the SOL-chain perpetual contract trading platform (https://app.pacifica.fi/?referral=pacbot), today wrapped up distribution of its 10 million weekly points. The rewards are primarily allocated to eligible active users based on their trading volume.
Additionally, users can earn fee discounts and order fee waivers based on their trading volume over the past 14 days. Fees start as low as 0.028%, with 0% order fees available for qualifying users.
Per Coinbob (@CoinbobPAC_bot, https://t.me/CoinbobPAC_bot), the on-chain AI copy trading tool, tracked address activity indicates:
- Addresses earning Pacifica points via high-frequency trading have been notably active lately, driving a slight uptick in the platform’s 24-hour trading volume.
- Top addresses on the 7-day trading volume leaderboard primarily trade mainstream coins with high leverage on Pacifica, capping fees and specific P&L at $0.1 per $10,000 in trading volume.
- Some of these addresses have po
18 minutes ago
Mainstream Perp DEX Overview: Aster Trading Volume Declines, Lighter Still Leads
December 4th Update: DefiLlama data shows key 24-hour trading volume trends across Perpetual DEXs (Perp DEXs): Aster posted a sharp drop, Pacifica saw a modest rise, and Lighter retains the top spot. Below are partial stats for major platforms:
- Lighter: ~$106.6B 24h vol | ~$12.6B TVL | ~$18.2B open interest
- Aster: ~$79.7B 24h vol | ~$14.5B TVL | ~$25.3B open interest
- Hyperliquid: ~$72.9B 24h vol | ~$43.6B TVL | ~$63.7B open interest
- EdgeX: ~$42B 24h vol | ~$4.15B TVL | ~$8.3B open interest
- ApeX: ~$22.6B 24h vol | ~$47.67M TVL | ~$71.08M open interest
- Backpack: ~$15.3B 24h vol | TVL undisclosed | ~$2B open interest
- Variational: ~$11.4B 24h vol | ~$72.86M TVL | ~$38.8M open interest
- Pacifica: ~$7.28B 24h vol | ~$41.74M TVL | ~$59.42M open interest
注:术语符合美式加密行业常用表达,数据分隔清晰,语气简洁贴合快讯风格。
18 minutes ago