Huma Finance announced on its X platform that its Q2 airdrop tracking is now live, allowing users to check the number of tokens airdropped. More information will be released soon.

Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform that Nasdaq ISE has proposed raising the option position cap for BlackRock's Bitcoin spot ETF IBIT from 250,000 contracts to 1 million contracts. The previous cap was raised from 25,000 contracts to 250,000 contracts in July 2025.

null source: https://x.com/cryptoquant_com/status/1993715212537745760

According to Binance Futures data, over the past 24 hours, the ETH/USDT, BTC/USDT, SOL/USDT, ZEC/USDT and MON/USDT trading pairs led the USD-M perpetual futures market in trading volume.ETH/USDT perpetual futures long/short ratio: 2.04, funding rate: 0.0024%.BTC/USDT perpetual futures long/short ratio: 2.44, funding rate: -0.0005%.SOL/USDT perpetual futures long/short ratio: 3.56, funding rate: -0.0085%.ZEC/USDT perpetual futures long/short ratio: 1.00, funding rate: -0.0322%.MON/USDT perpetual futures long/short ratio: 0.97, funding rate: 0.0050%.

Bitcoin held steady near the $87,000 mark during Wednesday’s Wall Street open as analysts warned that a major short squeeze toward $89,000 may be imminent.Despite muted intraday volatility, market positioning shows a buildup of liquidity above spot price — a setup that could force shorts to capitulate if BTC makes a decisive move upward.Liquidity Maps Signal BTC May Be “Pulled Up” Toward $89KData from Cointelegraph Markets Pro and TradingView showed Bitcoin stuck in a narrow range, giving traders time to position aggressively in both directions.With liquidity clusters forming above, analysts expect the market to gravitate toward these liquidation targets.CoinGlass heatmaps highlight the largest pools of liquidations at:$84,500 — downside draw$88,500 — upside drawBTC moving into either zone could trigger cascading liquidations.$89K: The Short Squeeze Line in the SandCrypto investor Ted Pillows called $89,000 the “key reclaim level” that would put shorts under heavy pressure:“If BTC reclaims $89,000, upside liquidity will be swept first.If Bitcoin loses $85,000, the downside liquidity will be taken out before a bounce.”Meanwhile, analyst Lennaert Snyder noted that long/short positioning sat at a nearly perfect split:Long/short ratio: ~50/50$89K remains the near-term resistance wallSnyder expects Bitcoin to flush out stop losses before choosing direction:“Either we gain $89K, or sweep the $80.6K lows and bounce back.”Macro: Bitcoin Flat While the S&P 500 Pushes Toward New HighsU.S. jobless claims came in lower than expected, hinting at improving labor conditions. But unlike stocks, crypto markets barely reacted.The S&P 500 climbed after the opening bell and is now only 2% below its all-time high, according to The Kobeissi Letter:The macro backdrop remains supportive for Bitcoin:Fed Rate Cut Odds SurgeCME’s FedWatch Tool shows:83% probability of a 0.25% rate cut on Dec. 10That’s a dramatic shift from just 30% a week earlier, driven by dovish commentary from key Federal Reserve officials.Rate-cut optimism typically benefits risk assets such as Bitcoin — yet BTC has so far remained directionless as liquidity builds around key resistance.BTC Must Break $89K, or Drop to $80.6K FirstWith long and short traders balanced and liquidity pools tightening, analysts agree Bitcoin is heading toward a decisive move.Bullish trigger:- Reclaiming $89,000 → short squeeze toward $90,000+Bearish trigger:- Losing $85,000 → sweep of $84.5K → potential wick to $80.6K before a reboundFor now, BTC remains range-bound — but not for long. Liquidity pressure suggests a volatility spike is coming, with $89K the level that could unleash the next leg of the move.

A post published on Sunday by Max Keiser claimed that JPMorgan Chase was dangerously shorting shares of Strategy (formerly MicroStrategy) and that a 50% stock rally would put the bank in crisis. The claim exploded across X, drawing tens of millions of views within two days. Users demanded a buying campaign. Some posted comparisons to […] source: https://www.cryptopolitan.com/lets-untangle-jpmorgans-stance-on-crypto/

JPMorgan expects the S&P 500 to reach the 7,500 level by the end of 2026 and surpass 8,000 if the Federal Reserve continues cutting rates. source: https://catenaa.com/markets/equities/jpmorgan-expects-sp-500-to-reach-7500-level-in-2026/

Modular blockchain platform Avail has launched its cross-chain execution layer Nexus mainnet, supporting multiple ecosystems including Ethereum, BNB Chain, and Base. Nexus employs an intent-driven architecture and multi-source liquidity aggregation, allowing users to seamlessly transfer assets and execute operations across different chains. Unified verification will be achieved through Avail DA in the future. (The Block)

The network introduces intent-based routing and multi-source liquidity, with unified verification expected later through Avail DA. source: https://www.theblock.co/post/380548/avail-nexus-mainnet-live?utm_source=rss&utm_medium=rss

null source: https://x.com/BTC_Archive/status/1993712402303463883

A trader turned $1,200 into $10 million with Tron Bull (BULL) in three days, but the value soon fell by 60%, leaving them with $4.3 million. This dramatic rise and fall highlight the volatile nature of meme coins, as Tron-based tokens like BULL, SUNDOG, and SUNCAT show fluctuating prices and declining values.