📰 Blockchain Morning Report - November 28, 2024 📷Exclusive insights into the latest dynamics in the cryptocurrency space, follow us so you don't miss out!

1⃣Market Dynamics

🌕Bitcoin ($BTC): Bitcoin price rebounds strongly, breaking above $96,000, boosting market sentiment. Galaxy predicts Bitcoin will break $100,000 in the short term, and is bullish for the next two years. Meanwhile, long-term holders sold $60 billion in Bitcoin over the past 30 days, marking the largest profit-taking since this bull market began.

🌖Ethereum ($ETH): Ethereum price breaks above $3,600, and the entire Ethereum ecosystem shows a surge trend, bringing ecological prosperity. Greeks.live data shows that ETH implied volatility remains high, with bullish sentiment far exceeding bearish.

🌗Solana ($SOL): Price rises steadily, currently above $240, though some on-chain activity has been taken by Base.

🌘Binance Coin ($BNB): New coin listings perform better than expected, CZ's strong support indicates further development for BNBChain.

2⃣Industry Hotspots

💲Tether Plans: Tether plans to expand its commodity liquidity pool to $5 billion by 2026.

👑Crypto Tsar: Former CFTC Chairman Giancarlo may become the first 'Crypto Tsar' in the U.S.

🇪🇺European Parliament: Approves the new slate of commissioners, including one who may oversee cryptocurrency regulations.

🔍SEC Candidates: Cryptocurrency supporter Paul Atkins is a top contender to become SEC Chair.

📊Market Sentiment and Data: Coinbase opens PEPE trading for New York State users; VanEck CEO states policy shift brings momentum to the cryptocurrency market; total Ethereum contract open positions hit an all-time high.

3⃣Industry Trends

💼Corporate Actions: Bitwise submitted applications for 10 cryptocurrency index ETFs to the SEC; Cega announced it will cease operations after being acquired; 21Shares plans to launch four new ETP products.

💢Controversies and Accusations: Co-founder of @movementlabsxyz accuses the Scroll team of misconduct affecting community interests.

⚠Scam Warning: ZachXBT warns of alleged social account theft and token scams involving former (Fortnite) professional players.

📅Thanksgiving Impact: The U.S. stock and bond markets will be closed for one day due to Thanksgiving, with early close on Friday.

🇨🇦Canada Policy: The mayor of Vancouver plans to include Bitcoin on its balance sheet as part of an investment diversification strategy.