Key Market Information Discrepancy on December 25th - A Must-See! | Alpha Morning Report
Featured News
1.Bitcoin to See Largest-Ever Options Expiry this Friday, Potentially Fueling Price Surge
3.Brevis Unveils Tokenomics: 1 Billion Total Supply with 32.2% Allocated to Community Incentives
4.US Stock Market Closed Higher Last Night: All Three Major Indexes Up, S&P 500 Hits New Record
5.$182 Million Liquidated Across the Board in the Last 24 Hours, Majority Longs Liquidated
Articles & Threads
1.《Are Those High-Funded Projects from 2021 Still Alive?》
According to Venture Capital analysis, crypto tech startups raised $25.2 billion that year, a 713% surge from 2020's $3.1 billion. However, four years later, looking back at the 400+ high-funded projects, only a very few still stand. Most have disappeared, either announcing shutdowns, pivoting to other projects, collapsing after being hacked, facing significant fallout post-FTX's demise, or becoming stagnant zombie projects.
2.《Faith in the Capital Market—The Essence and Core Value of Cryptocurrency》
For cryptocurrency players, 2025 was more of a disappointing year. As this year is coming to an end, we still have not been able to address the biggest issue the cryptocurrency market is facing — the breakdown of narrative, loss of faith. As an ordinary cryptocurrency industry practitioner, although the work I am involved in is very mundane, over these 4 years, I have seen some things, pondered some things, and I always vaguely felt that one day, I would systematically put these thoughts into writing. Now is the time.
Market Data
Daily Market Overall Funding Heat (as reflected by the funding rate) and Token Unlocks
Data Source: Coinglass, TokenUnlocks
Funding Rate

Token Unlocks

You may also like

The large models in the United States are moving towards closure in the name of security

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Why do cryptocurrency projects always like to change their names?

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

Who is footing the bill for the $64 billion accounting frenzy?

I never expected that the first application of AI x Crypto would be in security auditing

What is your view on Binance's competitive advantages?

ETH has entered a non-consensus phase, and the turning point is approaching!

The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today

The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX

Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.

Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

Former SpaceX engineer reconstructs the financial execution system using first principles





