According to data from Dede Think Tank, as of November 24, 2024, at 12:00, there are a total of 15,578 types of cryptocurrencies in the global digital currency market. The total market value is $3,517,599,155,719 (approximately $351.76 billion), and this week, the total market value of digital currencies increased by approximately $371.7 billion compared to last week, an increase of approximately 11.82%.

The global mainstream digital currency market rose overall last week

According to data from Dede Think Tank, as of November 24, 2024, at 12:00, the mainstream digital currency market rose overall last week.

Among them, BTC price rose from $90,703.60 to $96,808.68, an increase of approximately 6.73%;

ETH price rose from $3,106.65 to $3,295.37, an increase of approximately 6.07%;

BNB price rose from $627.66 to $644.85, an increase of approximately 2.74%;

LTC price rose from $89.49 to $94.00, an increase of approximately 5.04%;

DOT price rose from $5.58 to $8.58, an increase of approximately 53.76%.

SOL price rose from $232.70 to $245.72, an increase of approximately 5.60%.

This week's TOP 30 digital currencies' market value decreased by 3.52% compared to last week

According to data from Dede Think Tank, as of November 24, 2024, at 12:00, there are a total of 15,578 types of cryptocurrencies in the global digital currency market. The total market value is $3,517,599,155,719 (approximately $351.76 billion), and this week, the total market value of digital currencies increased by approximately $371.7 billion compared to last week, an increase of approximately 11.82%.

The total market value of the TOP 30 digital currencies is $3,058,855,274,686 (approximately $305.89 billion), accounting for approximately 86.96% of the total market value of all digital currencies, a decrease of 3.52% compared to last week.

This week's market value ranks first is BTC, approximately $191.55 billion, accounting for 62.62% of the total market value of the TOP 30, a decrease of 0.42% compared to last week.

Ranked second is ETH, with a market value of approximately $396.9 billion this week, accounting for 12.97% of the total market value of the TOP 30, a decrease of 0.17% compared to last week.

Ranked third is USDT, with a market value of approximately $132.6 billion this week, accounting for 4.33% of the total market value of the TOP 30, a decrease of 0.15% compared to last week.

The overall fluctuation of the rankings of digital currencies in the TOP 30 is small, and the specific distribution of the shares of individual digital currencies is shown in the following figure:

This week's market value TOP 30 digital currencies are divided into sectors such as public chains, platform coins, stablecoins, tokens, DeFi, etc.

The largest sector is public chains, accounting for 76.40%, and the second largest sector is stablecoins, accounting for 5.70%. The distribution of the TOP 30 digital currencies by sector is shown in the following figure:

This week, there is no significant fluctuation in the shares of Bitcoin mining pools

According to Dede Think Tank statistics, Bitcoin produced a total of 1,028 blocks this week. Among them, the number of empty blocks is 3, accounting for 0.29%. The average miner fee and block reward accounted for 3.98%. This week, the top 10 Bitcoin mining pools accounted for 95.63% of the total share, with the specific distribution of mining pool shares as follows:

Weekly news review

Industry progress

  • Bloomberg: Bitcoin set its largest drop since the U.S. election last weekend, most good news has been digested by the market

  • Over 3,000 Mexicans encountered a suspected cryptocurrency trading robot scam, with multiple offices closed

  • Musk: I still hold a large amount of Dogecoin, and SpaceX holds a large amount of Bitcoin

  • Vitalik: Hope to see more EVM Rollups to improve data efficiency

  • Trump team seeks advice from BlackRock CEO on the new Treasury Secretary candidate

  • Kalshi submits a brief to the appeals court: Only Congress has the authority to ban election betting, the CFTC does not have this authority

  • Cryptocurrency exchange Gemini opens to users in France

Investment and financing

  • Bitfinity Network launches Bitcoin L2 network and completes $12 million financing

  • Staking protocol developer Alluvial completes $4.3 million strategic financing

  • Insiders: Blackstone Group invests $500 million in Lancium to support the construction of over 5 gigawatts of data centers

  • Truemarkets completes over $4 million financing through public NFT sales, Vitalik spends 32 ETH to participate in minting

  • Fatfish Group completes 1.5 million AUD financing to expand into crypto mining, digital gaming, and other fields

  • Korean virtual asset platform Delio declares bankruptcy, owing $1.75 billion

  • Accolade Partners' new fund raises $202 million, focusing on blockchain and cryptocurrency investments

Weekly policy review

  • Polish presidential candidate: If elected, will adopt Bitcoin as a strategic reserve

  • Nigeria proposes (Investment and Securities Bill) to impose 10 years of imprisonment on Ponzi scheme criminals

  • The government of Paju City, South Korea, plans to sell the cryptocurrency holdings of tax debtors to recover taxes

  • BlackRock obtains operating license in Abu Dhabi, focusing on AI and private market business expansion

  • Cryptocurrency transactions in the Spanish real estate market surge

  • Nepal combats cryptocurrency fraud by raising public awareness and monitoring transactions

  • The Russian government approves amendments to the tax bill on cryptocurrency transactions, imposing a 15% tax on trading and mining

Investment calendar

November 18 (Monday)

  • He Yi: Telegram account has been unlocked

November 19 (Tuesday)

  • OKX collaborates with DBS Bank to integrate Singapore Dollar trading for users in Singapore

November 20 (Wednesday)

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November 21 (Thursday)

  • Bitcoin approaches the $100,000 mark, reviewing the institutional powers behind over 2.7 million Bitcoin holdings

November 22 (Friday)

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November 23 (Saturday)

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November 24 (Sunday)

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