Daily Market Update (December 3, 2024, 10:00 AM)
ChainDD's market data on December 2 shows the composite index and CoinMarketCap quotes:
BTC is priced at $96074.69, down approximately 0.69%;
ETH is priced at $3641.88, down approximately 1.57% in the past 24 hours;
BNB is priced at $652.31, down approximately 0.47%;
DOT is priced at $10.18, up approximately 10.31% in the past 24 hours;
DOGE is priced at $0.4238, down approximately 4.79%.
Blockchain Circle Dynamics
Shanghai Jiao Tong University and Ant Group established the 'Artificial Intelligence and Security Joint Research Center'
Shanghai Jiao Tong University and Ant Group established the 'Artificial Intelligence and Security Joint Research Center', focusing on key technological breakthroughs in the era of artificial intelligence, deeply collaborating to cultivate innovative talent, and promoting research and application of cutting-edge technologies.
The newly established research center will focus on tackling cutting-edge technologies such as artificial intelligence, cybersecurity, blockchain, privacy computing, and green computing, jointly cultivating technical talent and assisting in the industrial transformation of research results.
Coin Circle Dynamics
The cryptocurrency market's spot trading volume in November reached $2.7 trillion, a new high since May 2021.
According to The Block, the cryptocurrency market's spot trading volume in November reached $2.7 trillion, a new high since May 2021, more than double the trading volume in October ($1.14 trillion). About 36% of the trading volume in November came from Binance, with the platform's trading volume exceeding $986 billion.
Crypto.com, Upbit, and Bybit followed closely, with trading volumes exceeding $200 billion, and significant month-on-month growth in trading volumes across various regions globally. Furthermore, the total trading volume of Bitcoin futures on trading platforms in November reached $2.59 trillion, and Ethereum futures reached $1.28 trillion, both reaching new highs since May 2021.
In addition, the total trading volume of Bitcoin futures on trading platforms in November reached $2.59 trillion, and Ethereum futures reached $1.28 trillion, both reaching new highs since May 2021.
In the past 24 hours, a total of $632 million was liquidated across the network, mainly from long positions, with XRP liquidation exceeding BTC and ETH.
According to Coinglass data, $632 million was liquidated across the network in the past 24 hours, including $436 million from long positions and $196 million from short positions.
Among them, XRP liquidations amounted to $82.79 million, exceeding BTC ($79.23 million) and ETH ($70.66 million).
Bitwise CEO: In the past 30 days, Coinbase and XRP market capitalization increased by approximately $30 billion and $100 billion, respectively.
Bitwise CEO Hunter Horsley stated in a post on X: 'In the past 30 days, the market capitalization of Coinbase increased by approximately $30 billion, and the market capitalization of XRP increased by approximately $100 billion.'
The shift of U.S. regulation from headwinds to tailwinds is one of the largest and most important structural catalysts the cryptocurrency field has experienced, and the impact has just begun.
