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What happened on the crypto market last night?
• The price of an ounce of silver reached a new all-time high of $86.6
• Bitmine reports an unrealized loss of $3.5 billion on its ETH investments
• A governance proposal regarding Uniswap has been adopted: 100 million UNI tokens burned and fee switch activated
• Hyperliquid still dominates the perpetual DEX market with an open interest 7 times higher than Lighter
• Polymarket users estimate an 88% probability that the Fed will not change its rates at the January 28, 2025 meeting
• Peter Schiff stated that we should prepare for a historic economic collapse
• Several Trust Wallet users reported yesterday that their funds had been drained after the Chrome extension update