The latest data from market intelligence firm Arkham Intel shows that President-elect Donald Trump's cryptocurrency portfolio has seen significant growth, while also noting a strong upward trend in cryptocurrency prices following his election win on November 5.
Although Bitcoin (BTC) is at the core of Trump's presidential campaign, one significant asset he holds is Ethereum (ETH), of which he owns nearly 496 coins. This altcoin has been the standout performer in his investments, rising 38% over the past 30 days.
Trump's cryptocurrency assets are performing brilliantly

Hashdex is advancing its application for a Nasdaq cryptocurrency index U.S. ETF, aiming to diversify cryptocurrency investment with Bitcoin and Ethereum as core assets.

Asset management company Hashdex has made further progress in launching a cryptocurrency-focused exchange-traded fund (ETF) in the U.S. According to a November 25 announcement, the company has submitted a second amended S-1 application to the U.S. Securities and Exchange Commission (SEC).
Hashdex is making a second amendment to its Nasdaq cryptocurrency index U.S. ETF.
Hashdex's latest application represents another step in its ongoing efforts to obtain regulatory approval for the Nasdaq cryptocurrency index U.S. ETF. The ETF aims to provide investors with a diversified cryptocurrency portfolio.

The recent pullback in Bitcoin is mainly influenced by the price approaching the psychological threshold of $100,000. Retail investors are taking profits at this level, which has exerted some pressure on market sentiment. Therefore, Bitcoin may need to consolidate further before breaking through critical resistance, while Trump's inauguration ceremony on January 20 next year may become a new focal point for the market.

Looking back at the previous cycle, Doge experienced a doubling rally at the end of December, but the real major market surge began after the new president took office. Starting from the end of January, Doge increased nearly tenfold within half a month, successfully igniting market sentiment. Then, from February to April, the altcoin market exploded, showing a crazy upward trend.

In the ongoing bull market, Shiba Inu (SHIB), the second largest meme coin, has struggled to perform since breaking the descending trend line on November 12.
However, data from on-chain analytics companies shows that a large number of whales and institutional investors have shown strong interest in Shiba Inu, with significant buying and accumulation activities recently. This inflow of funds not only reflects ongoing market attention to meme coins but may also lay the foundation for SHIB's next rebound.
Shiba Whale Increases Holdings
On-chain analytics company IntoTheBlock reports that whales and institutions holding SHIB tokens valued between $1 million and $10 million have increased their holdings by 425% in the past 30 days. This indicates strong institutional interest during this consolidation phase.

The BZX Exchange of the Chicago Board Options Exchange (Cboe) recently submitted applications for four Solana ETFs. With the U.S. presidential election day concluded and Trump set to take office, SEC Chairman Gary Gensler announced his impending resignation in January next year, creating new opportunities for Solana ETF approvals in the regulatory environment.
Analysts believe that the SEC will shift from an 'enforcement-based' to a 'disclosure-based' regulatory model, and if the Solana ETF is approved, it will stimulate huge demand in the crypto ETF market. As the fourth largest cryptocurrency by market capitalization, despite lacking support from a mature futures market and facing potential obstacles being classified as a security, its ETF application process is steadily advancing in expectation of a new regulatory environment.

The altcoin season has arrived, and sectors are beginning to rotate. Each bull market has a clear main theme; the 2017-2018 bull market was the ICO bull, the 2020-2021 bull market was the Defi bull, and the 2024-2025 bull market will be the Meme bull. Just two weeks ago, the Meme sector's popularity soared, with leading coins Pepe and Neiro rising over 50% in a single day, and others like wif, bonk, and floki also enjoying good gains. As people's emotions are ignited, many begin to chase Meme coins. At this time, we must mention a classic investment trap — value investing can be in vain, while going all-in on Meme coins can lead to wealth.

At present, the market has indeed entered the stage of public chain pulling up the price. Not only does Bitcoin continue to rise, but major public chain projects have also shown strong growth, driving the overall market higher.

In the next stage of altcoin rally, more altcoins will rise, and investors need to seize the opportunity and pay close attention to the development of various projects. This stage is full of opportunities and challenges, so continuing to pay attention to market trends and evaluating the potential of different projects will be the key to successful investment.
Musk's company already accepts "Dogecoin payment"

The cottage season is coming!

At present, the market has entered the stage of public chain pull. The characteristics of this stage are that in addition to the continued rise of BTC, various public chain projects have also shown strong growth, and the entire market has shown an overall upward trend. Investors should pay close attention to market dynamics and seize investment opportunities. Next, it will enter the stage of altcoin pull. By then, more altcoin projects will also join the ranks of rising, bringing more opportunities and challenges to the market.
Different stages of a bull market are often accompanied by different market dynamics and currency performance. The first stage of a bull market: BTC pulls the price by itself; the second stage of a bull market: public chains pull the price; the third stage of a bull market: copycats pull the price

The future trajectory of Ripple (XRP) is at a critical juncture, and the next steps may determine its medium to long-term development direction. According to well-known trader Credible Crypto, XRP's performance is highly dependent on Bitcoin's movements, with both assets currently positioned between key technical support and resistance levels.
Market analysis indicates that as Bitcoin approaches the psychological milestone of $100,000, XRP may also accelerate its rebound under this positive sentiment. Some observers even speculate that XRP could return to its historical high of $3.38 faster than expected. Given the recent increase in XRP's trading volume and market sentiment, its performance will undoubtedly be closely monitored.

Recently, @Balance_Fun launched a Key Node sales event in preparation for the upcoming TGE. I won't elaborate too much on the rights, investment returns, and necessity of participation enjoyed by node holders. I mainly want to discuss what Balance is doing, why a16z has made two significant investments, and how to link the web2 'companion gaming' platform with the large web3 gaming industry, etc.

1) Balance is a blockchain gaming experience platform launched by the E-PAL gaming companion platform. In the web2 world, companion gaming has become a huge market, where users seek others to improve their gaming skills, find social companionship to enhance their gaming experience, and so on. Ultimately, these individuals come together to create platform scale effects, becoming a potential audience and brand amplifier for other game developers and operators, thus revealing greater economic and commercial value attributes.

Here is a brief summary of some of the most noteworthy crypto market updates reported by CoinGape Media over the past week.
The world of cryptocurrency has concluded another week, primarily marked by fascinating developments across the industry. Bitcoin (BTC) continues to rise, reaching new highs this week. Meanwhile, Ripple's XRP has garnered significant attention in the market, recording substantial gains. The broader market continues to leverage investor optimism following Donald Trump's re-election as President of the United States.
Here is a brief summary of some cryptocurrency market headlines that had a significant impact on investor sentiment over the past seven days.

Elon Musk is preparing to manage the ambitious DOGE department alongside Vivek Ramaswamy. As Trump gets ready to take office, his pro-cryptocurrency stance, combined with the resurgence of the dollar, has triggered many speculative scenarios. One of them is the rise of Dogecoin, and how it could reach unprecedented new highs if market forces continue to support its momentum.
Under Musk's Trump administration, can Dogecoin become as valuable as the US dollar?
In an early episode of Saturday Night Live, Musk announced that Dogecoin is as real as the US dollar, and he hopes people will call him the 'Father of Doge'. In that interview, Musk shared how Dogecoin initially emerged as a joke from an internet meme, but now it has captured the market in a very 'real' way.

Escaping the top is far more meaningful than buying the bottom!

Before we knew it, BTC has reached 100,000 US dollars, not to mention that it has been rising since the end of 2023.
Since the black swan event in early August, when Bitcoin fell to more than 40,000, people began to turn bearish on the second half of the year.
Adherence to the bitcoin bull market cycle is the philosophy I have always followed and has never changed.
The bull market has now entered its final stage.
There will definitely be a big market for copycat products for several months.
This bull market is the reward for those who persevere, but they all remain until the end.
Those who have not been tortured out of the car in these few months and have not used up all their chips are the winners.

MEME coins have become an important business card in the crypto world, filled with stories of wealth and the ups and downs of hot topics. On the other hand, the MEME culture has become increasingly complex with the influx of large amounts of capital, and the perspective of speculation has even shifted from network hotspots to various abstract cultures. For many who aspire to find the code for wealth in this market, it seems to have reached an epic level of understanding difficulty.

Compared to the consistently high heat, the MEME track still lacks some macro tools to analyze the overall development situation. People seem more focused on the stimulation of PVP, but rarely think about what kind of MEMEs are more likely to curve out, or what characteristics are behind those top MEMEs.