Today's latest news in the cryptocurrency circle.
1. Santiment: Over the past two weeks, the majority of investor sentiment has shifted from bullish to bearish, with a sharp decline in interest in Meme coins.
2. Bitcoin mining company Compass Mining has built a 25 MW mining facility in Texas, planning to expand to 60 MW next year.
3. Republican supporter of cryptocurrency Bernie Moreno will join the Senate Banking Committee.
4. The TVL of the re-staking protocol once approached $30 billion, setting a new historical high.
5. Binance Pool launches merged mining for Junkcoin and Pepecoin.
6. Analysis: The MVRV indicator suggests that BTC may experience a strong recovery in the coming weeks.
7. The first publicly listed cryptocurrency company in the UAE plans to dual-list on Nasdaq next year.
8. A whale withdrew 9 million ENA from Binance in the past hour and staked it on Ethena.
9. Last week, only three ETFs, including BlackRock's IBIT, achieved net inflows, with Fidelity's FBTC seeing a net inflow of $292 million.
Ethereum spot ETFs have maintained net inflows for four consecutive weeks, with BlackRock's ETHA seeing a net inflow of $144 million last week.
10. HSBC: Still expects the Federal Reserve to cut interest rates by 75 basis points in 2025.
11. Japanese listed company Metaplanet increased its holdings by 619.7 BTC.
12. Sun Yuchen has unstaked 42,904 ETH from Lido, approximately $139 million.
13. A whale spent 2.14 million USDT to buy 1.34 million ONDO and deposited it on Bybit in the past 24 hours.
14. Currently, MicroStrategy's regular Bitcoin purchase volume exceeds the levels seen during the 2021 bull market.
15. A Salvadoran wallet address increased its holdings by 1 BTC, with the current value of its BTC holdings approximately $568 million.
16. USDC trading volume on Uniswap has surpassed $1 trillion.
17. Senator Lummis proposed allowing the Federal Reserve to purchase and hold Bitcoin.
18. The trading volume of the US spot Bitcoin ETF reached $26 billion in its 50th week, with $17.5 billion inflow so far in Q4.
19. USDC Treasury has issued an additional 50 million USDC on the Ethereum chain this morning.
20. Analysis: Whales have recently bottomed out with over $44 million in LINK.
The second half of the bull market is brewing; buy the dip and patiently wait for the arrival of the fifth wave of the bull market!
