🚨 Last Night’s Crypto Flash Points — 1-Minute Market Recap | Dec 13
1⃣ $BTC, $ETH, $SOL remained range-bound.
All three major U.S. stock indices closed lower. Oracle plunged after delaying data center construction, putting pressure on tech stocks and dragging crypto down with them.
2⃣ Tom Lee:
Cash reserves and staking income will protect BitMine during market downturns.
A bear market will test the true quality of DAT, potentially reinforcing the value of leading players.
2⃣ The TGA Game of the Year awards were announced.
Four insider whales cashed out large profits on $Polymarket, once again pushing prediction markets into the public spotlight.
3⃣ Journalist Colin Wu revealed that exchanges allocate substantial budgets to tier-1 and tier-2 KOLs.
Simply placing a logo and referral link in bios can reportedly generate $10K+ per month in passive income.
4⃣ $Cookie market cap fell to $50M.
Cookie stated it cannot control post-TGE price performance and only provides operational tools as an InfoFi platform.
The community accused the team of shirking responsibility.
5⃣ A well-known KOL published an article claiming $Lighter extracts costs through high latency, arguing that “zero fees” are an illusion.
6⃣ $Tether plans to raise up to $20B via equity issuance and is considering equity tokenization.
Could a Tether IPO mark the beginning of the next bear market?
7⃣ Five institutions including Circle and Ripple received conditional approval for U.S. trust bank licenses.
This signals crypto’s entry into traditional finance’s regulatory framework — accelerating mainstream adoption and legalization.
