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Just in - US spot #Bitcoin ETFs reached a record 71,570 coins in November, with over $30 billion in total inflows since their January debut. Options on spot Bitcoin ETFs launched on major exchanges like #Nasdaq and #NYSE, with CBOE set to join on Dec. 2.
$XRP has experienced a remarkable rally, climbing to $1.84 and achieving its highest value in over three years, with a staggering 267% increase this month.
At Aus Crypto Con 2024, @binance CMO @Rachel Conlan stressed that nothing is certain, even while project utility and community feedback are important considerations for token listings. In order to protect consumers in the face of growing #memecoin popularity she emphasised Binance's stringent screening procedure, which includes evaluating founders and roadmaps. While many memecoins are useless, Conlan pointed out that new initiatives with practical applications have potential. In line with former Binance CEO @CZ Zhao's demand for creating significant blockchain applications that go beyond the hype, she urged the sector to concentrate on innovation, particularly during the down market. #Binance #BinanceWeb3Wallet
The 180-day Sharpe Ratio indicates that $TRX has entered a high-risk zone and may be in a short-term peak. Derivatives and spot demand decline following recent fervour. Investigating the activity level of the #TRON network
Hyperliquid’s, HYPE token soared 125% within 24 hours of its massive airdrop, reaching an all-time high of $7.11. The project allocated 310M tokens, 31% of its supply, as part of one of the largest airdrops in crypto history
Binance has announced the delisting of USD-M perpetual contracts for NEM ( $XEM ), Orbs ( $ORBS ), and Loom Network ( $LOOM ) starting December 9. Traders will no longer be able to open new positions in these contracts after 08:30 UTC, and open positions must be closed to avoid automatic settlements.
Following Binance's announcement of its listing and airdrop, THENA surged 144%. The market cap increased by 327% while trading volume increased by 1461%. The DeFi token's debut on Binance increases its market visibility and liquidity.
Ethereum's DeFi ecosystem is thriving! With Total Value Locked (TVL) reaching new heights, Ethereum is reclaiming dominance in the DeFi space. Key trends driving growth include:
🔹 Soaring TVL as decentralized finance gains momentum. 🔹 Lido’s dominance with $32.87B TVL, enabling liquid staking. 🔹 Ethereum's resurgence in USDT dominance, surpassing Tron.
As Ethereum's price rises, so does its DeFi power. With continued innovation, Ethereum is set to lead the future of decentralized finance.
Tether's $5B minting spree over 72 hours has sparked both excitement and concern in the crypto market! As USDT floods the market, Bitcoin's price speculation heats up. But questions remain over Tether's transparency, reserves, and regulatory oversight, especially with Cantor Fitzgerald's involvement.
Some see this as bullish for Bitcoin, while others worry about market destabilization. What does the future hold for Tether and the crypto space?
Binance delists five crypto tokens: Gifto ( $GFT ), IRISnet ( $IRIS ), SelfKey ( $KEY ), OAX ( OAX ), and Ren (REN) due to failure to meet industry standards. The delisting, effective December 10th, triggered a sharp market sell-off, with prices dropping by nearly 40%. Binance warns users to withdraw affected tokens by December 12th, after which they may convert to stablecoins.
Bitwise seeks SEC approval for a groundbreaking Bitcoin-Ethereum ETP on NYSE Arca! The proposed fund would offer direct, market cap-weighted exposure to the two largest cryptocurrencies—simplifying portfolio allocation for crypto investors. If approved, it would be the first of its kind in the U.S.
Bitwise CIO Matt Hougan: "Bitcoin and ether aren’t competitors—they’re complementary assets."