[Bitpush] Recently, I noticed a pretty sobering trend: more and more young people in the US are completely giving up on the dream of buying a house, and instead, they're pouring their money into high-risk assets like cryptocurrency.
To put it bluntly, housing prices are skyrocketing out of control, and incomes just can't keep up. Many Gen Zers do the math and realize they might never be able to afford a home in their lifetime, so they just give up—saving less, not working as hard, and actually getting more into speculation. There’s survey data backing this trend: young people who feel that homeownership is out of reach are indeed more likely to show these three behaviors.
On the flip side, those who still believe they can save up for a down payment are more motivated to save money and make plans. At the end of the day, having a sense of purpose really does directly change a person’s motivation.
Right now, the core problem is that housing supply just can’t keep up. Some proposed solutions include: loosening building restrictions, constructing more housing that ordinary people can afford, and optimizing land use policies. Another thing is to teach young people

Jupiter Lend was recently questioned about its “zero contagion risk” design, with the COO admitting to the use of rehypothecated assets, which clearly contradicts their marketing claims. Another Solana-based platform, Kamino, has blocked Jupiter’s migration tool, further increasing industry doubts about its risk model and exposing transparency issues in DeFi protocol risk disclosures.

The CyrusOne data center in Illinois, USA, experienced a cooling system overload due to staff error and failure to drain water in time, resulting in a crash of the CME Group trading system for over 10 hours. This incident has raised concerns about the stability of financial infrastructure and impacted market operations.

From December 5th to 7th, Miami will host the Art Basel Miami Beach event, with 283 galleries participating and an expected attendance of over 80,000 visitors. The Web3 project MiniDoge will be exhibiting, showcasing the integration of NFT art and on-chain creation, aiming to bridge traditional art with the Web3 world.

FIL is currently continuing to decline, with technical indicators showing that bears are in control. In the short term, $1.465 has become a key support level; if it is breached, the price may fall to $1.367. There are no signs of a bullish reversal yet, and the bears remain in control.

Recently, the price of the LUNC token in the Terra ecosystem has surged by over 74%, with a weekly increase of more than 160%. This round of gains is related to the upcoming sentencing of founder Do Kwon and the accelerated token burn mechanism. Additionally, the suspension of withdrawals by a leading exchange has further fueled market sentiment.

Recently, the Bitcoin market has been extremely active, with two major investors engaging in an intense showdown near $89,000. One side bought 307 bitcoins for $27.5 million, taking on up to 20x leverage; the other side shorted 223.4 bitcoins with $20 million, facing even higher risk with 40x leverage. Market volatility has intensified, and both parties are under significant liquidation pressure.

[Crypto World] In the past 24 hours, Upbit has performed quite impressively—with trading volume surging to $1.255 billion, up 9.52% from the previous day.
Looking at CoinGecko’s data, the trading distribution of popular coins is quite interesting:
XRP leads by a narrow margin, accounting for 13.42% of trading volume with a turnover of about $169 million; Bitcoin follows closely at 13.41% with about $168 million—just a few hundred thousand dollars difference between the two. Ethereum ranks third, making up 12.18% with approximately $153 million traded. USDT and SOL take the fourth and fifth spots with 6.13% and 4.34% respectively, and their trading volumes are around $76.94 million and $54.54 million.
The top three coins each hold over 12% share, indicating that mainstream coins are still the main battleground for capital. The close competition between XRP and BTC could be related to recent market sentiment and fund flows.

According to data from mining company Bitdeer, as of December 5, its self-owned Bitcoin holdings had dropped to 1,992.6 BTC. This week, it mined 131.5 BTC but sold 130, resulting in a net decrease of 148.5 BTC in its holdings. Such fluctuations are common among mining companies and may reflect mining cost pressures or judgments about short-term Bitcoin price trends.

A recent large ETH transfer has attracted attention: a new wallet address received 22,676 ETH (approximately $68.86 million) from BitGo. According to on-chain analysis, this may be related to Bitmine and is typically indicative of institutional portfolio rebalancing. The subsequent movement of these funds will reveal more market signals.