In the past hour, total liquidations across the network reached $11.70 million, with $1.39 million from long positions, with $10.31 million from short positions. BTC liquidation $815,624.86, ETH liquidation $3.21 million.

Odaily Planet Daily reports that RaveDAO officially announced today the airdrop distribution rules and timeline for Genesis Genesis members and community members participating in RaveDAO activities between 2024 and 2025. This airdrop aims to reward users who have made real contributions to the ecosystem through on-chain interactions, event attendance, and community building before RaveDAO issued its tokens. All airdrops will be distributed gradually after the token launch (TGE) on December 12th. RaveDAO Genesis Genesis members are the first batch of recipients. Users need to go to PLVR (RaveDAO's official ticketing platform) → My Membership → RaveDAO → My Points to check their points and confirm their Base network wallet address on the desktop. Users who previously submitted addresses during the mint phase must also reconfirm; otherwise, they will not receive the airdrop. The official announcement outlines three wallet submission windows with corresponding airdrop schedules: Window 1 (December 10th 8 AM UTC – December 11th 12 PM UTC): Airdrop received no later than December 12th 11:59 PM UTC; Window 2 (December 11th 12 PM UTC – December 18th 12 PM UTC): Airdrop received no later than December 19th 11:59 PM UTC; Window 3 (December 18th 12 PM UTC – January 11th 12 PM UTC): Airdrop received no later than January 12th 11:59 PM UTC. After the $=RAVE airdrop is distributed, the system will automatically deduct the corresponding amount of RAVE points from the user's points account. A community airdrop (2024–2025 event participants) will be launched as the second phase, targeting users who have verified their participation in RaveDAO's global flagship events, local chapters, and official partner events through ticketing platforms. Points allocation and redemption details will be announced later. Additionally, the Genesis Rewards lottery will launch after TGE, with on-chain verifiable randomness provided by ARPA Randcast. The prize pool includes points, ticket packages, lifetime VIP status, and more. RaveDAO reminds users to obtain information only through official channels and to be wary of fake links and phishing airdrops.

According to official sources, Binance will launch NIGHT U-based perpetual contracts at 19:00 Beijing time on December 10th, with a maximum leverage of 50x.

Odaily Planet Daily reports that Bybit, in conjunction with DL Research, today released the "2025 World Crypto Rankings Report." The report comprehensively assesses cryptocurrency adoption in 79 countries and regions worldwide based on 28 indicators and 92 data points. Singapore, with its world-leading regulatory clarity, over 11% resident cryptocurrency ownership rate, and strong institutional maturity, surpassed the United States to rank first globally. The United States ranked second, with Lithuania, Switzerland, and the United Arab Emirates ranking third to fifth respectively. The Asia-Pacific region performed particularly well, with Vietnam ranking ninth, Hong Kong tenth, and Australia, the Philippines, and South Korea also successfully entering the global top 20. The report also reveals three major trends in digital asset application: - Tokenization of physical assets: RWA's on-chain value surged 63% to $25.7 billion in 2025. - The rise of local stablecoins: Countries are exploring local currency stablecoins. - On-chain compensation normalization: Crypto-paid compensation acceptance surged from 3% to 9.6%, with stablecoins accounting for over 90%.

According to Huoxun Finance on December 10th, SpaceX is pushing forward with its initial public offering (IPO) plan, with an expected fundraising scale exceeding $30 billion, potentially becoming the largest IPO in history. The company targets a valuation of approximately $1.5 trillion, far surpassing Saudi Aramco's record of $29 billion raised in 2019. The funds raised will be used to develop space data centers and purchase related chips. SpaceX expects revenue to reach $15 billion by 2025, and executives revealed that the earliest listing is expected in mid-to-late 2026, but may be delayed to 2027 due to market conditions. Previous reports indicated that SpaceX planned to sell internal shares at a valuation of $800 billion, with a listing planned for the second half of next year.