1. The US government transferred 19,800 BTC, of which 10,000 flowed into Coinbase, attracting market attention.
2. Coinbase integrates Apple Pay to improve the convenience of fiat-to-cryptocurrency transactions.
Coinbase is integrating Apple Pay into its fiat-to-crypto on-ramp solution, formerly known as Coinbase Pay.
3. WisdomTree submitted a spot XRP ETF application to the US SEC and plans to list it on the Cboe BZX Exchange.
WisdomTree XRP Fund will be listed on Cboe BZX Exchange, Inc. WisdomTree previously registered an XRP entity in Delaware on November 25. - Original text
4. Tether issued 1 billion USDT on the Ethereum chain, and the market is closely monitoring its impact.
On December 3rd at 05:05 (UTC+8), Tether issued 1 billion USDT on the ETH chain, transaction hash: 0xb1682d279a30271d55071f65c5f28baa6c31e70ef5d1494732de828bed8dfe57. Note: The above data is sourced from OKLink.
5. MicroStrategy continues to increase its Bitcoin holdings, recently acquiring 15,400 BTC, bringing its total holdings to 402,100 BTC.
MicroStrategy purchased an additional 15,400 Bitcoins at a cost of approximately $1.5 billion, with an average price of $95,976 per Bitcoin. Prior to this, MicroStrategy sold 3,728,507 shares at the same price.
6. In November, global cryptocurrency trading volume reached $2.7 trillion, setting a new high since May 2021.
In November, the global cryptocurrency exchanges' spot trading volume reached $2.7 trillion, the highest level since May 2021. The trading volumes of Bitcoin and Ethereum futures on exchanges also hit their highest levels since May 2021. With cryptocurrency-supporting candidate Donald Trump re-elected as U.S. President, the entire cryptocurrency market surged in November.
7. Sora Ventures launched a $150 million fund to promote the adoption of Bitcoin financial strategies by Asian companies.
Sora Ventures has launched a $150 million fund aimed at promoting the adoption of Bitcoin-centric financial strategies by publicly listed companies across Asia. The fund aims to replicate the MicroStrategy model, using Bitcoin as a primary reserve asset to optimize financial strategies and enhance shareholder value. According to the announcement, the fund targets companies listed on major stock exchanges in Japan, Hong Kong, Thailand, Taiwan, and South Korea. The first successful case of this strategy is the collaboration between Tokyo Stock Exchange-listed company Metaplanet and Sora Ventures to implement the MicroStrategy model. According to a statement, the fund aims to identify and collaborate with companies that can benefit from Bitcoin-centric financial management. This includes tailoring strategies according to the regulatory and market environments of each country. For example, Japan's taxation of unrealized Bitcoin gains presents unique challenges that can be mitigated by formulating strategic corporate frameworks. Sora Ventures managing partner Jason Fang emphasized the scalability of the MicroStrategy model. He revealed plans to expand the program to more companies, including a potential partnership with a company listed on the Hong Kong Stock Exchange and ongoing negotiations with a candidate company on the Thailand Stock Exchange. Fang stressed the synergistic benefits achievable through networking, where companies adopting Bitcoin financial management can collectively improve their operations and financial status.
8. The U.S. government address transferred 19,799.99 BTC, valued at approximately $1.92 billion.
10 minutes ago, the U.S. government address transferred 19,799.99 BTC, approximately $1.92 billion.
9. Michael Saylor suggested that Microsoft include Bitcoin in its balance sheet, while MicroStrategy continues to aggressively purchase BTC.
Michael Saylor, founder of MicroStrategy, stated on X that MARA is a company built on the Bitcoin standard. Previously, MARA announced plans to issue zero-coupon convertible preferred notes to raise $700 million for purchasing BTC.
10. The European Central Bank released a progress report on the digital euro project, laying the groundwork for the issuance of a digital euro.
The European Central Bank (ECB) released the second progress report of its digital euro project preparation phase. The preparation phase began in November 2023, laying the groundwork for a possible issuance of a digital euro.
11. The Federal Reserve's policy direction is under close scrutiny, with Societe Generale predicting that continued Fed rate cuts will affect short-term interest rates.
Societe Generale predicts that by the end of 2025, the yield on 10-year U.S. Treasury bonds will rise to 4.5%, while the yield on 2-year U.S. Treasury bonds will fall to 3.5%. This is due to the Federal Reserve's continued rate cuts reducing short-term interest rates but also stimulating the economy and increasing the fiscal deficit, which will boost demand for long-term government bonds, leading to rising long-term yields. Additionally, Trump's tariff plans may raise inflation expectations, and the U.S. government is expected to increase the issuance of government bonds to address the fiscal deficit, all of which will push yields higher.
12. Bitwise analysts claim that the illiquid supply of Bitcoin has reached a record high, accounting for nearly 75%.
André Dragosch, Head of European Research at Bitwise, posted on X: "The illiquid supply of Bitcoin has reached an all-time high, while exchange balances hit a multi-year low. Nearly 75% of the supply is considered 'illiquid,' and less than 14% remains on exchanges. This indicates that the supply scarcity of Bitcoin continues to intensify."
13. XRP's market capitalization has surpassed $150 billion, making it the third-largest cryptocurrency in the world.
14. Zhu Su, co-founder of Three Arrows Capital, believes that GameFi may see a revival.
Zhu Su, co-founder of Three Arrows Capital, posted on social media that "GameFi revival, stay tuned."
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