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Paradigm Co-founder: We Are Currently Experiencing the Cryptocurrency Industry's 'Netscape or iPhone Moment'

8 hours ago

**December 7th** Matt Huang, co-founder of crypto investment firm Paradigm, posted on social media: “I don’t know who needs to hear this, but right now, the crypto industry is having its ‘Netscape moment’ or ‘iPhone moment.’” Its operations are unprecedented in scale—even larger than we could’ve imagined—with growth accelerating at both the institutional and cypherpunk levels. **BlockBeats Note** - **Netscape Moment (1995):** The release of the Netscape browser brought the internet into the mainstream. This marked the web’s transition from niche community technology to widespread adoption. - **iPhone Moment (2007):** The launch of the iPhone sparked explosive mobile internet growth, fundamentally changing how people interact with technology, make payments, socialize, and consume.
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「1011 Insider Whale」 increases ETH long position to 14,227 coins, currently unrealized profit of $762,000

On December 8, per on-chain analyst Ai Aunty (@ai_9684xtpa), the "1011 Insider Whale" has boosted its ETH long position to 14,227 coins (valued at ~$42.95M). The whale’s average entry price is $2,965.73, with $762K in unrealized profit as of now.

1 hours ago

U.S. Treasury Secretary Yellen: U.S. GDP Growth Rate to Reach 3% This Year

On December 8, U.S. Treasury Secretary Janet Yellen said the U.S. GDP growth rate this year is expected to hit 3%.

1 hours ago

The "1011 Insider Whale" has once again deposited 10 million USDC into Hyperliquid to leverage 5x and long 9010.4 ETH.

On December 7th, per Onchain Lens monitoring, the "1011 Insider Whale" once again deposited 10M USDC into Hyperliquid, went long 9,010.4 ETH (valued at $26.8M) with 5x leverage, opening at $2,959.4 and liquidating at $1,888.2.

1 hours ago

If Bitcoin drops below $87,000, the mainstream CEX's aggregated long liquidation pressure will reach $491 million

December 7th (per Coinglass data) If Bitcoin drops below $87,000, cumulative long liquidation intensity across major centralized exchanges (CEXs) will hit $491 million. Conversely, a breakout above $91,000 would trigger cumulative short liquidation intensity of $866 million for top CEXs. BlockBeats Note: Liquidation charts do not precisely show the number of contracts pending liquidation or their exact value. The bars on these charts instead reflect the relative significance of each liquidation cluster compared to its neighbors — this is what’s defined as "intensity." In short, the chart illustrates how impactful reaching a specific price level will be: a taller bar signals a more intense reaction (driven by a liquidity cascade) once price hits that threshold.

1 hours ago

Bitcoin Surges Past $89,000

Bitcoin rebounded past $89,000 on December 7th, per HTX market data, while posting a 24-hour decline of 0.93%. ### 说明： 1. **美式表达调整**： - 用 `per HTX market data` 替代 `according to`（财经快讯更简洁地道）； - `rebounded past` 比 `broke through` 更贴合“反弹突破”的动态感（美式常用）； - `posting a 24-hour decline` 替代 `with a 24-hour decrease`（更符合英文财经稿的动词搭配习惯）。 2. **语序优化**： 将核心信息（比特币走势）前置，符合美式快讯“信息优先”的表达逻辑，避免原句头重脚轻。 3. **细节规范**： 货币符号 `$` 与数字无空格（美式标准），日期 `December 7th` 为美式常用格式（非英式 `7th December`）。

1 hours ago

「CZ's Countertrade」 Whale's ETH and XRP Long Positions See Unrealized Losses Expand to $24.93 Million

Dec 7 – Per monitoring from HyperInsight (https://t.me/HyperInsight), Ethereum (ETH) fell below $3,000. Unrealized losses on the "CZ’s Counterparty" whale address (0x9ee) for its ETH and XRP long positions widened to $24.93 million. - **ETH long position**: Unrealized loss = $13.55M; Position size ≈ $154M; Average entry price = $3,201; Liquidation price = $2,497.2 - **XRP long position**: Position size ≈ $77.63M; Average entry price = $2.29; Unrealized loss = $11.38M Earlier, the address purchased ASTER on Nov 2 following CZ-related news, then opened a large 3x leveraged short position—becoming the largest ASTER short holder at the time. It closed the position to break even on Nov 17, and has since shifted to ETH long trades, with partial liquidation occurring.

1 hours ago

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