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Nike's crypto fashion brand RTFKT announces gradual cessation of operations
According to BlockBeats news on December 3, RTFKT, the crypto fashion brand under Nike, announced that it will cease operations, with its Web3 services gradually stopping by the end of January 2025. RTFKT will launch an updated website showcasing the pioneering works that define the RTFKT journey.
During this transition period, RTFKT will launch an innovation this December - MNLTH X, which includes BLADE DRoP, and is described as a symbol of its commitment to continue breaking boundaries and merging worlds.
During this transition period, RTFKT will launch an innovation this December - MNLTH X, which includes BLADE DRoP, and is described as a symbol of its commitment to continue breaking boundaries and merging worlds.
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The floor price of the NFT series Clone X under RTFKT has dropped below 0.3 ETH, with a single-day drop of 65.01%.
BlockBeats news, on December 3, according to Magic Eden market data, the floor price of the NFT series Clone X under RTFKT has dropped below 0.3 ETH, currently reported at 0.29 ETH, with a single-day drop of 65.01%.
BlockBeats previously reported that RTFKT, a crypto fashion brand under Nike, announced it will gradually cease operations.
BlockBeats previously reported that RTFKT, a crypto fashion brand under Nike, announced it will gradually cease operations.
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In the past 24 hours, the total liquidation of MOODENG across the network was 7.82 million USD, with both long and short positions liquidated.
BlockBeats news, on December 3rd, according to Coinglass data, the total liquidation of MOODENG across the network in the past 24 hours was 7.82 million USD, including 3.28 million USD in short liquidations and 4.54 million USD in long liquidations.
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US government address transferred 19,799.99 BTC, worth approximately 1.92 billion USD 10 minutes ago
BlockBeats news, on December 3rd, according to Arkham data, 10 minutes ago, the US government address transferred 19,799.99 BTC, worth approximately 1.92 billion USD.
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Bitcoin falls to 96,000 USD, 24-hour decline of 1.35%
BlockBeats news, December 3rd, according to HTX market data, Bitcoin has fallen to 96,000 USD, currently quoted at 96,044 USD, with a 24-hour decline of 1.35%.
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XRP rises to 2.8 dollars, continuing to set a new historical high
BlockBeats news, on December 3rd, according to HTX market data, XRP rose to 2.8 dollars, currently reported at 2.7752 dollars, with a 24-hour increase of 47.07%, continuing to set a new historical high.
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Magic Eden Co-Founder: ME Token Airdrop Eligibility and Distribution Inquiry Will Open on December 4
BlockBeats News, December 2, Magic Eden co-founder and CEO Jack Lu stated on X, "The eligibility and distribution inquiry for the ME token airdrop will open on December 4. The ME token will have its TGE on December 10."
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A certain whale spent 3610 SOL to buy MOODENG in the past 25 minutes, with an unrealized profit of 26,000 USD
BlockBeats news, on December 2, according to @ai_9684xtpa monitoring, in the past 25 minutes, a certain whale spent 3610 SOL (approximately 824,000 USD) to purchase 1.508 million MOODENG at an average price of 0.5466 USD, and it has currently made an unrealized profit of 26,000 USD.
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Bitcoin mining difficulty increased by 1.59% to 103.92 T, setting a new historical high
BlockBeats news, on December 2, according to data from BTC.com, the Bitcoin mining difficulty experienced a difficulty adjustment at block height 872928 (Beijing time today 23:34:00), with the mining difficulty increasing by 1.59% to 103.92 T, setting a new historical high; currently, the average hash rate for the entire network over the past seven days is 726.57 EH/s.
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If Bitcoin breaks through $98,000, the cumulative short liquidation intensity on mainstream CEX will reach 301 million.
BlockBeats news, on December 2, according to Coinglass data, if Bitcoin breaks through $98,000, the cumulative short liquidation intensity on mainstream CEX will reach 301 million.
Conversely, if Bitcoin falls below $95,000, the cumulative long liquidation intensity on mainstream CEX will reach 142 million.
BlockBeats note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. Higher 'liquidation bars' indicate that after the price reaches that point, there will be a stronger response due to liquidity waves.
Conversely, if Bitcoin falls below $95,000, the cumulative long liquidation intensity on mainstream CEX will reach 142 million.
BlockBeats note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity.
Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. Higher 'liquidation bars' indicate that after the price reaches that point, there will be a stronger response due to liquidity waves.
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Bitcoin briefly rebounds and breaks through $97,000
BlockBeats news, on December 2, according to HTX market data, Bitcoin briefly rebounded and broke through $97,000, currently quoted at $96,880, with the 24-hour decline narrowing to 0.26%.
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Market capitalization of the meme coin MOODENG on the Solana chain surpasses 600 million USD, 1-hour surge exceeds 91%
BlockBeats news, on December 2, according to GMGN market data, the market capitalization of the meme coin MOODENG on the Solana chain has surpassed 600 million USD, currently reported at 604 million USD, with a 1-hour increase of 91.98%.
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Moonshot Launches Meme Coin Simon's Cat (CAT) on Solana Chain
BlockBeats news, December 2nd, according to monitoring, Moonshot has launched the Meme coin Simon's Cat (CAT) on the Solana chain.
It is reported that Moonshot is an app on the App Store that allows direct buying and selling of Memecoin using fiat currency, deployed on Solana. It aims to seamlessly onboard Web2 users for an easy Web 3 experience. Account registration uses common Web2 methods, requiring no mnemonic phrases; users only need an email or FaceID to register. When trading, users do not need to understand the complex underlying knowledge of blockchain, do not need to have Gas, and can trade directly on their mobile devices.
It is reported that Moonshot is an app on the App Store that allows direct buying and selling of Memecoin using fiat currency, deployed on Solana. It aims to seamlessly onboard Web2 users for an easy Web 3 experience. Account registration uses common Web2 methods, requiring no mnemonic phrases; users only need an email or FaceID to register. When trading, users do not need to understand the complex underlying knowledge of blockchain, do not need to have Gas, and can trade directly on their mobile devices.
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Bitfinex Report: Bitcoin Expected to Continue Rising, Despite Possible Short-Term Volatility
According to BlockBeats, on December 2, Bitfinex released a report stating that 'despite some brief turmoil last week, November was a peak month for Bitcoin. Bitcoin experienced its largest pullback since the U.S. elections, falling 8.64% within the week to $90,911, before quickly rebounding and setting a historic closing record at the end of the month, reaching $96,506. Bitcoin ended November with an impressive increase of 37.3%, making it the second-best-performing month of 2024 so far.
This outstanding performance continues to highlight Bitcoin's strong momentum, preparing us for December. Historically, December is usually a month of high volatility for Bitcoin, but during halving years, the average return for this asset is 38.86%. Given the current bull market dynamics, we believe Bitcoin is expected to continue rising, although it may experience short-term fluctuations. Any short-term pullbacks are likely to be triggered by ETF outflows and profit-taking by long-term holders. Last week, ETFs recorded a net outflow of $135.1 million, most of which occurred in the first two days of trading. Since September, long-term holders have distributed a significant amount of 508,990 Bitcoins, increasing the supply in the market. While this is still lower than the 934,000 Bitcoins distributed before the March 2024 peak, the ongoing selling pressure requires sustained demand from ETFs and marginal buyers to avoid further pullbacks.
This outstanding performance continues to highlight Bitcoin's strong momentum, preparing us for December. Historically, December is usually a month of high volatility for Bitcoin, but during halving years, the average return for this asset is 38.86%. Given the current bull market dynamics, we believe Bitcoin is expected to continue rising, although it may experience short-term fluctuations. Any short-term pullbacks are likely to be triggered by ETF outflows and profit-taking by long-term holders. Last week, ETFs recorded a net outflow of $135.1 million, most of which occurred in the first two days of trading. Since September, long-term holders have distributed a significant amount of 508,990 Bitcoins, increasing the supply in the market. While this is still lower than the 934,000 Bitcoins distributed before the March 2024 peak, the ongoing selling pressure requires sustained demand from ETFs and marginal buyers to avoid further pullbacks.
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Digital asset management platform LSP.Finance completes $1 million Pre-Seed round of financing, led by K24 Ventures and others
According to BlockBeats news on December 2, as reported by The Block, LSP.Finance completed a $1 million Pre-Seed round of financing with a valuation of $33 million, led by Cryptogram Venture (CGV), WAGMi Ventures, K24 Ventures, CatcherVC, XLink Labs, and LandScape Capital.
It is reported that LSP.Finance is a user-centric digital asset management platform that is transforming DeFi by unlocking liquidity from PoS networks, early-stage Alpha projects, and high-yield projects. The platform prioritizes accessibility and innovation, providing an integrated solution aimed at achieving high liquidity and seamless blockchain interaction.
It is reported that LSP.Finance is a user-centric digital asset management platform that is transforming DeFi by unlocking liquidity from PoS networks, early-stage Alpha projects, and high-yield projects. The platform prioritizes accessibility and innovation, providing an integrated solution aimed at achieving high liquidity and seamless blockchain interaction.
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XRP Surpasses $2.6, Continuing to Set Historical High
BlockBeats News, December 2nd, according to HTX market data, XRP has surpassed $2.6, currently priced at $2.611, a 24-hour increase of 36.57%, continuing to set a historical high.
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Market news: Enron launches a plan to 'solve the global energy crisis' using decentralized technology
BlockBeats news, December 2, according to market news, Enron is launching a plan to 'solve the global energy crisis' using decentralized technology, and it has announced the release of some tokens.
BlockBeats note: In 2001, Enron's financial fraud scandal was exposed, leading to its bankruptcy. The company hid massive debts and losses through complex accounting methods, falsely reported large profits, and this behavior ultimately resulted in significant losses for shareholders, employees, and investors.
BlockBeats note: In 2001, Enron's financial fraud scandal was exposed, leading to its bankruptcy. The company hid massive debts and losses through complex accounting methods, falsely reported large profits, and this behavior ultimately resulted in significant losses for shareholders, employees, and investors.
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Bitcoin rebounds and breaks through $96,000
BlockBeats news, on December 2, according to HTX market data, Bitcoin has rebounded and surpassed $96,000, currently quoted at $96,049, with a 24-hour decline narrowed to 0.98%.
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Justin Sun: The SunPump live streaming feature is now online
BlockBeats News, December 2, Justin Sun, founder of TRON and member of the HTX Global Advisory Committee, stated on social media: "The SunPump live streaming feature is now online, please try it out and let me know if it runs smoothly."
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Genius Group Announces Increase of $1.8 Million in Bitcoin Holdings
BlockBeats News, December 2, according to Globe Newswire, Genius Group Limited announced that it has increased its holdings of Bitcoin by $1.8 million.
Currently, Genius Group has purchased a total of 172 Bitcoins, spending $15.8 million, with an average purchase price of $92,006 per Bitcoin.
Currently, Genius Group has purchased a total of 172 Bitcoins, spending $15.8 million, with an average purchase price of $92,006 per Bitcoin.
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MicrosoftBTCInvestmentVote
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#MicrosoftBTCInvestmentVote 🚀 Could Microsoft Propel Bitcoin to $100,000? A Game-Changing Proposal Awaits!
The upcoming December 10 annual meeting at Microsoft is set to discuss a proposal for the tech giant to evaluate investing in Bitcoin. If approved, this could serve as a monumental catalyst for Bitcoin's price, possibly pushing it past $100,000! Here's a breakdown of what’s at stake:
1. Corporate Stance on Crypto
For Approval: Microsoft's prior interest in blockchain and Web3 technologies highlights its openness to innovation. Adding Bitcoin to its balance sheet could position it as a leader in the crypto-fintech space.Against Approval: However, volatility concerns might make Microsoft’s leadership hesitant, given its historically cautious investment strategies.
2. Market Context
The institutional adoption trend, led by Tesla and MicroStrategy, might influence Microsoft's decision. Aligning with competitors and emerging trends could strengthen the case for Bitcoin as a strategic asset.
3. Shareholder Sentiment
Crypto Advocates: If crypto-enthusiastic shareholders back the proposal, it stands a better chance.Cautious Investors: Conservative shareholders might reject it, fearing Bitcoin’s speculative nature and regulatory uncertainties.
4. Broader Economic Environment
Supportive Factors: Inflation concerns and increasing institutional interest in Bitcoin could make the proposal appealing.Challenges: Regulatory hurdles or a bearish macroeconomic outlook might dampen enthusiasm.
Outlook
While the proposal faces hurdles, its approval could ignite a psychological rally in Bitcoin’s price, even if Microsoft’s initial investment is limited. Such an endorsement would underscore Bitcoin’s growing institutional appeal, reinforcing its position as digital gold.
What’s your take? Will Microsoft take the plunge into Bitcoin? Share your thoughts below! 🧠👇
#Bitcoin #Microsoft #CryptoNews #BTC100k #InstitutionalAdoption #Web3 #CryptoInvesting
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