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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon

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Cryptoy ₿

JUST IN: WisdomTree officially files S-1 for its spot $XRP ETF. : Watcher Guru

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Crypto spot trading soars to $2.7T in November, highest since 2021. Around 36% of the monthly trade volume in November came from Binance, which processed over $986 billion - The Block : Leviathan News

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Michael Saylor’s bold pitch: Microsoft could gain $5T market cap by betting big on Bitcoin. - assets.contentstack.io : Leviathan News

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Ethereum ETFs surge: $333M daily inflows outpace Bitcoin, boosted by DeFi optimism and incoming U.S. administration. - Coindesk : Leviathan News

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Craig Wright's Satoshi appeal fails as UK judge cites 'AI hallucinations,' including references to non-existent cases in his filings. - DL News : Leviathan News

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Coinbase policy head foresees swift crypto regulations as Trump’s pro-crypto administration takes charge. - CNBC : Leviathan News

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South Korea to postpone 20% crypto tax for the third time: report — link | tl;dr : unfolded.

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Binance will support the Wise Monkey (MONKY) airdrop for FLOKI (FLOKI) and ApeCoin (APE) holders. 1 FLOKI = 0.35 MONKY, where 0.35 MONKY will be airdropped for every 1 FLOKI. 1 APE = 804,828 MONKY, where 804,828 MONKY will be airdropped for every 1 APE. — link : Wu Blockchain News

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In response to the suggestion by John Lilic, a member of The Telos Foundation, that "Trump should consider pardoning Zhao Changpeng and letting him return to the position of CEO of Binance", CZ said that he was unwilling to return to the position of CEO, but he definitely did not mind being pardoned. — link : Wu Blockchain News

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On December 1, the NFT trading volume of EVM Chains reached $42.1 million, the second highest single-day trading volume this year, second only to March 4 this year ($53.3 million), of which Blur reached $25.1m and OpenSea reached $10.93m. BAYC rose more than 75% in the past 7d, MAYC +94%, PudguPenguins +29%, etc. — link : Wu Blockchain News

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XRP becomes world's third-largest crypto, overtakes Tether’s USDT in market cap. - The Block : Leviathan News

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Last week (November 25 to November 29), the Ethereum spot ETF had a net inflow of $467 million. The Blackrock ETF ETHA had a weekly net inflow of $300 million, and the Fidelity ETF FETH had a weekly net inflow of $120 million. — link : Wu Blockchain News

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Monthly CoWSwap volume since launch ~3 years ago — link : unfolded. DeFi

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New York’s regulator is close to greenlighting a new stablecoin issued by cross-border payments company Ripple — link | tl;dr : unfolded.

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The latest data from Indonesia's Commodity Futures Trading Authority (CoFTRA) shows that as of October this year, Indonesia's cryptocurrency trading volume in 2024 has exceeded US$30 billion, a year-on-year increase of 352%. The number of cryptocurrency trading users in Indonesia has reached 21 million, but only 716k users trade through local registered exchanges. — link : Wu Blockchain News

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Around 16:40 UTC+8 on December 2, the price of the STG/USDT trading pair on Binance experienced a crash. The price once fell to 0.0525 USDT, and then quickly recovered to around 0.38 USD. This may be due to the low liquidity of the trading pair and the price abnormality caused by the appearance of large market sell orders. — link : Wu Blockchain News

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The total future open interest of XRP contracts reached $3.91 billion, a record high. The top three exchanges are Binance with 535 million XRP, accounting for 32.04%; Bybit with 524 million XRP, accounting for 31.27% ; and Bitget with 327 million XRP, accounting for 19.55%. — link : Wu Blockchain News

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QCP: US employment and labor data will take center stage again this week. ISM manufacturing and PMI data are scheduled for release on Monday and Wednesday, respectively. This week's highlight, however, is NFP data on Friday. The market will be closely monitoring this week's reports to get a better sense of inflation, especially ahead of rate cut decisions on 17-18 December. — link : Wu Blockchain News

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Election Month, November of 2024: crazy Wild 30 days 🎢

Political:
*Trump won election
*Powell said he won't step down as FED chair if asked by Trump
*Gensler announced resignation
*AI & Crypto Czar News
*Trump picked Pro-Crypto Scott Bessent as Treasury Secretary
*Cantor Fitzgerald negotiated 5% stake in Tether

TradFi:
*MicroStrategy bought 134,480 Bitcoins ($12Billion)
*MicroStrategy reached new ATH after ~25 years then shares crashed 30% after Citron Research Short postion news
*Coinbase shares +70%
*Gold down 6%
*SPX & NDX hits new ATH
*DXY hits Two Year high
*XRP, HBAR, LTC ETF Filings
*Record inflows to BTC & ETH Spot ETFs: $6.4B in BTC ETFs & $1B in ETH ETFs
*BTC ETF Options begin Trading

Market:
*BTC +50%, ETH +60%
*SOL ATH, then XRP flipped USDT & SOL, now XRP is the 3rd largest Crypto, added +100B to MC
*ADA again enters Top 10, hits $1
*XLM enters Top 15
*TON, TRX no longer in top 10
*DOGE hits 3 year high, +250%
*ALGO+ 350%, IOTA +250%, XTZ +200%, EOS +200%
*Binance Countinue listing shitcoins while CZ said lets build real applications
*Robinhood, Kraken, Paxos launched new stablecoin USDG on ETH
*Binance Launched BFUSD, a Reward-Bearing Margin Asset for Futures Traders promising APY 'will never go below zero'
*Vitalik back to writing Vyper code
*Global Cryptocurrency Market Cap increased by $1 Trillion : infinityhedge

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Ripple poised to enter $200B Stablecoin arena with RLUSD launch pending NYDFS approval, shaking up the USDT and USDC-dominated market. - DL News : Leviathan News

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Bitcoin in price discovery mode. Insane long setups ahead—half the 2021 move gets us to $150K. Buckle up! - CoinTelegraph : Leviathan News

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XRP becomes world's third-largest crypto, overtakes Tether’s USDT in market cap. - The Block : Leviathan News

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Coinbase Chief Policy Officer Faryar Shirzad told CNBC that crypto legislation will be passed fairly quickly in Congress after Trump takes office, and the United States will have the most pro-crypto Congress in history. Shirzad expects "significant movement and hopefully passage of both market structure legislation and stablecoin legislation" in 2025. — link : Wu Blockchain News

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XRP's market value has surpassed USDT, becoming the third largest cryptocurrency by market value, second only to BTC and ETH. XRP's daily trading volume on Upbit, South Korea's largest exchange, reached $3.69 billion, accounting for 27.35%. During the same period, BTC's trading volume was only $339 million, and ETH's trading volume was $225 million. — link : Wu Blockchain News

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According to Tokenomist, the single large-amount unlocking amount greater than $5 million in the next 7 days includes JTO NEON ADA TAIKO BANANA ENA AGI, etc., and the linear large-amount unlocking in the next 7 days includes SOL WLD TIA TAO AVAX DOGE SEI NEAR DOT SUI FIL ARKM ENS ATOM, etc. The total unlocking value exceeds 1.14 billion US dollars. — link : Wu Blockchain News

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According to DeFiLlama, multi-chain DEX transaction volume reached $372 billion in November, a record high, of which Solana DEX accounted for 34.85% of the market share and reached $129.66 billion, and Base DEX reached $45.74 billion, both of which set a record high. — link : Wu Blockchain News

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Last week (November 25 to November 29), the Bitcoin spot ETF had a net outflow of $138 million, the first weekly net outflow after 7 consecutive weeks of inflows. BlackRock ETF IBIT's weekly net inflow still reached $405 million. — link : Wu Blockchain News

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Ethena and Securitize pitch upcoming BlackRock-fueled stablecoin in Spark's $1 billion tokenization play — link | tl;dr : unfolded. DeFi

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According to FOX Business, the New York Department of Financial Services (NYDFS) is expected to approve Ripple to issue its stablecoin RLUSD. If finally approved, Ripple plans to officially release RLUSD on December 4 to promote the development of cross-border payment and remittance transactions. — link : Wu Blockchain News

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According to Cryptoslate, the Central Bank of Brazil (BCB) has published a regulatory proposal that prohibits centralized exchanges from allowing users to withdraw stablecoins to self-custody wallets. Centralized exchanges must also obtain a foreign exchange license to provide stablecoin-related services. — link : Wu Blockchain News

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