Crypto Morning Brief * Important Information Not to Miss Daily * December 3, 2024

1. Yesterday's pullback saw both longs and shorts explode; in a bull market, it's better to embrace spot rather than play contracts.

2. After the market pullback, it's clear that old coins are still in demand. $xrp $hbar $ada $link, etc., quickly rebounded and reached new highs. Looking at the trading volume on Upbit, these coins are being wildly fomoed by the Korean market.

3. Last night, CB launched #Moodeng, reigniting the meme enthusiasm. Also being fomoed by the market is $PNUT. The squirrel was previously featured in a picture on Instagram by CB, leading to speculation that it would definitely be listed on CB. For those unfamiliar with the squirrel, I recommend taking a closer look and understanding it well. Pnut has the right timing, location, and people; it's a very promising meme after doge and pepe, and it’s only a matter of time before it gets listed on CB and robbinhold.

4. On-chain memes may get another boost with the favorable news of CB listing Hippo, so keep an eye on that.

5. After the old coins are fomoed by Koreans, the market will look for other low market cap coins, so every coin will rise. There's no need to worry too much; just hold on.

6. The net inflow for U.S. Bitcoin ETFs is $353.95 million, with BlackRock's IBIT seeing a net inflow of $338 million.

7. Accompanied by the ATH of $ONDO in the #RWA track, this sector will continue to gain momentum. Currently, tracks like rwai, depin, and game have not made much progress, so they can also be a focus.

8. The U.S. government transferred 19,800 BTC ($1.92 billion) 9 hours ago, with 10,000 BTC ($962.9 million) sent to Coinbase. This doesn't necessarily mean a dump; it could be for custody.

9. The top traded coins on #upbit right now are: $xrp $doge $hbar $xlm $ens $ada $sand $btc $algo $link $avax, etc. For those interested, you can check the following address:

https://www.coingecko.com/en/exchanges/upbit

10. Coinbase has integrated Apple Pay into its deposit services. This is a significant event as it lowers the threshold for purchasing cryptocurrency, making the bull market next year unimaginable.

11. Co-founder of Magic Eden: ME token airdrop eligibility and distribution inquiries will open on December 4.

12. MicroStrategy has increased its holdings by about $1.5 billion, acquiring 15,400 BTC.