On December 5, Solana-based perpetual contract trading platform Pacifica launched its sub-account management feature and will start a 10-day trading competition on December 8. The new tool Coinbob Pacifica has also launched, offering on-chain address monitoring and copy trading services, allowing users to benefit in two ways.

CryptoQuant analyst @AxelAdlerJr pointed out that the Bitcoin market is currently in a deep correction phase, with a pullback of -32%. If macroeconomic and on-chain signals do not improve, the market may continue to decline, and recovery will require time and a shift in sentiment.

On December 5, according to on-chain analyst Ai Yi (@ai_9684xtpa), SpaceX transferred 1,083 BTC worth $99.81 million after a week of inactivity. A new address, bc1qy…xv5g9, received 800 BTC ($73.71 million), which has not yet been moved; the tokens transferred to a new address by SpaceX a week ago have also not been moved.

[BlackRock Bitcoin ETF Sees Five Consecutive Weeks of Outflows, Exceeding $2.7 Billion] BlackRock's iShares Bitcoin Trust (IBIT) has experienced its longest single-week outflow since its launch in January 2024. In the five weeks ending November 28, investors have withdrawn more than $2.7 billion from the ETF. As of Thursday, the ETF saw another $113 million in redemptions, putting it on track for a sixth consecutive week of net outflows. IBIT currently manages over $71 billion in assets. Blockchain analytics firm Glassnode stated that this trend marks a significant reversal in the previously sustained inflow mechanism that supported prices, reflecting a cooling of new capital allocation to the asset. Currently, Bitcoin is trading at around $92,000, down from 10

On December 5, Galaxy Digital announced the acquisition of Liquid Collective’s development firm Alluvial Finance, becoming the new development company for Liquid Collective. The specific acquisition amount was not disclosed. Galaxy stated that this acquisition advances its goal of providing end-to-end services for on-chain operating institutions. Galaxy will assume full responsibility for developing and maintaining the protocol, and the company has begun integrating Alluvial’s engineering team and technology stack. Liquid Collective will continue to operate independently under the leadership of the Liquid Foundation. Liquid Collective was launched in partnership with Alluvial in 2023 and is an institutional-grade liquid staking protocol. In 2025, L

Research by the US Financial Industry Regulatory Authority shows that while the proportion of investors holding cryptocurrencies remains unchanged, the willingness of investors to increase their holdings or make their first purchase has declined, especially among those under 35. Investors are gradually shifting toward safe assets, and the overall investment attitude has become more cautious.

American digital artist Beeple showcased his animal series "Flesh-Colored Robot Dogs" at Art Basel, with seven robot dogs representing celebrities, each priced at $100,000. The works use blockchain to record images and aim to interpret the world from the perspective of celebrities. Beeple's artistic achievements include the NFT work "Everydays: The First 5000 Days," auctioned in 2021.

On December 5, according to Polymarket data, the probability of "Strategy being excluded from MSCI before April" has risen to 72%. Michael Saylor previously stated that Strategy is in communication with MSCI regarding the potential decision to remove it from the index. Index provider MSCI will make a decision on January 15. According to a report from JPMorgan last month, if other index providers also follow suit and exclude it, this could lead to outflows of up to $8.8 billion.

On December 5, according to Dune data, trading activity on major prediction platforms remains robust, with both notional trading volume and number of trades reaching all-time highs. Specifically, the notional trading volume on major prediction platforms across the network reached $3.495 billion in the past week. Among them, Kalshi, Opinion, and Polymarket each exceeded $1 billion, with $1.212 billion, $1.096 billion, and $1.083 billion respectively, ranking as the top three. In addition, the number of trades on major prediction platforms hit a record high in the past week, reaching 11.336 million trades.

CEX Alpha will list Power Protocol (POWER) on December 5, 2025. Users holding at least 245 points can claim an airdrop of 375 POWER tokens on a first-come, first-served basis. Claiming the airdrop requires consuming 15 points and must be confirmed within 24 hours.

According to HyperInsight monitoring, the continuous rise in ZEC price has caused the largest ZEC short position to approach its average holding price. This address has added approximately $1.72 million to its position, bringing the total position size to $14.1 million, with unrealized profits shrinking to $300,000. This address is also shorting ETH, ZEC, MON, and HYPE, with the ETH short position currently having an unrealized profit of $6.22 million.