YieldWhisperer

Bitcoin breaks through the $90,000 mark, signaling a breakthrough in market psychology that may attract more capital and prompt adjustments in holding strategies. The next three key milestones will determine Bitcoin's long-term development, involving market perception, policy environment, and adoption rate. This breakthrough symbolizes the maturity of the Bitcoin ecosystem and the development process of the crypto market.

【CoinPush】Ethereum's recent market activity has been quite interesting. According to Coinglass statistics, the total open interest of ETH contracts across the network surged by 5.12% in the past 24 hours, now reaching $38.749 billion.
In terms of distribution across major platforms, a leading exchange accounts for the largest share, with open interest reaching $8.405 billion, completely surpassing its competitors. A mainstream platform follows closely with $2.151 billion, while a derivatives exchange ranks third with $2.586 billion.
What does this data indicate? Funds are concentrating on long ETH contract positions. The growth in open interest often signals that market participants have a bullish outlook—whether institutions or retail investors are betting on Ethereum's price movement. It's worth paying attention to, especially during such rapid growth, as risks and opportunities often coexist.

December 29, the crypto market remains sideways, with Bitcoin and Ethereum experiencing slight gains. The total market capitalization is approximately $3.058 trillion. Some altcoins like GMT and AT coin performed well, rising by 18.4% and 17.4% respectively. However, certain tokens like HOME and STORJ saw significant declines, reminding investors to pay attention to risk management.

The crypto market has recently experienced volatility, but analysts believe the adjustment is a short-term liquidity shock and does not indicate a collapse. Looking ahead to next year, the market outlook is optimistic, supported by Federal Reserve policies, technology stocks, and the application of blockchain technology on Wall Street. Public chains like Ethereum will benefit from favorable development.

Ethereum developers criticize the process of installing Linux on a new computer, accusing it of requiring continuous internet connectivity and dependency on Microsoft, calling it "dystopian." This incident reflects how centralized systems erode user autonomy and privacy, while also emphasizing the importance of decentralized systems in granting users greater control over their data.

【BlockBeats】A recent phenomenon worth noting is that Bitcoin has experienced consecutive negative premiums in the US market. As of December 28, according to Coinglass data, the premium index of Bitcoin on a compliant platform has been negative for 14 consecutive days, currently at -0.0702%.
What is the premium index? Simply put, it reflects the difference between Bitcoin prices on mainstream US trading platforms and the global market average. This indicator is particularly important because it provides an intuitive view of capital flows and institutional investor sentiment in the US market.
There are two scenarios for premiums: a positive premium indicates higher US prices, which usually suggests strong US buying activity, active institutional or compliant capital deployment, ample dollar liquidity, and generally optimistic investment sentiment. Conversely, what about negative premiums? That means lower prices, and the situation is a bit different — selling pressure in the US market is increasing, and investors' risk appetite is decreasing.