📰 Blockchain Morning Report - December 06, 2024 📷Follow us for exclusive interpretations of the latest developments in the crypto world, don't miss out.

1⃣ Market Dynamics

🌕Bitcoin ($BTC): After breaking through $100,000 for the first time and reaching $103,000, it fell to around $90,000 in the early morning, creating the largest drop within an hour. Trump congratulated this but the market then saw increased demand for bearish options and intensified leverage trading.

🌖Ethereum ($ETH): After more than half a year, it broke through $4000 but then pulled back, showing market interest in a rebound.

🌗Solana ($SOL): Became the only rising TOP 10 token in the past 24 hours, leading the rebound.

🌘BinanceCoin ($BNB): After a brief rise in BNBChain, the market has not yet formed a clear expectation for its subsequent performance.

2⃣ Industry Highlights

💥Market Volatility: The crypto market experienced significant fluctuations this morning, with Bitcoin reaching as high as $90,500.

💱CEX Trading Volume: The Base network's daily trading volume hit an all-time high, reaching 8.8 million transactions.

📈Contracts and Options: Coinbase will launch various perpetual contracts involving MOODENG, ALGO, SAND, and MOG; approximately $2.88 billion in BTC and ETH options will expire tomorrow.

💼Public Company Investments: U.S. listed companies such as Worksport and Semler Scientific announced purchases of Bitcoin and XRP.

🔧Solana Engineering: Solana's co-founder believes that memecoins have solved Solana's engineering issues, enhancing the network's resilience.

3⃣ Industry Trends

📈Forecast and Analysis: Bernstein predicts that Bitcoin will replace gold as the primary store of value in the next decade.

🤖AI and Blockchain: MystenLabs co-founder predicts that AI will become standard in the crypto industry, with blockchain transaction speeds exceeding Visa.

💼Talent Recruitment: a16z co-founder Marc Andreessen is recruiting talent for the Department of Government Efficiency.

📢Trump Nomination: The cryptocurrency industry welcomes Trump's nominee for SEC chairman Paul Atkins, and the market is observing the reaction of $RSR.

📝Regulation and Apology: (Financial Times) issued an apology letter, acknowledging negative reporting on cryptocurrencies over the past 14 years.

🇺🇸State Policy: Florida is expected to launch a strategic Bitcoin reserve in the first quarter of 2025.