Andrei Grachev: „One of the predictions is that the crypto market could make 4x in 2025 hah“.
https://x.com/ag_dwf/status/1864186907787223293
XION has introduced its tokenomics
Maximum Supply: 200,000,000 XION
Initial circulating supply: 25,559,333 XION (12.78%)
Distribution and Vesting
Ecosystem Incentives & Project Incubation: (23% - 46,000,000 XION)
Team: (20% - 40,000,000 XION)
Protocol Development & Foundation Treasury: (15% - 30,000,000 XION)
Strategic Backers: (26.81% - 53,611,000 XION)
Community & Launch: (15.19% - 30,389,000 XION)
https://xion.burnt.com/blog/xion-token-proof-of-abstraction-whitepaper
Bitcoin mining firm Foundry has implemented a job cut that impacted as many as 60% of its workforce.
According to a Blockspace report citing anonymous sources, the firm’s layoff exercise spanned staff in the United States and international offices. With a staff strength of 250, the number of employees left is now just about 80 to 90.
https://coingape.com/dcg-backed-bitcoin-miner-foundry-cuts-60-of-workforce-report/
NYSE Arca filed a 19b-4 form on Tuesday for the Grayscale Solana Trust.
https://www.theblock.co/post/329374/nyse-arca-files-to-list-and-trade-grayscales-spot-solana-etf
Trump's Top SEC Chair Pick Paul Atkins Reluctant to Take Job
https://www.coindesk.com/policy/2024/12/03/trumps-top-sec-chair-pick-paul-atkins-reluctant-to-take-job-source
Coinbase will add support for Morpho perpetual futures on Coinbase International Exchange and Coinbase Advanced.
The opening of the MORPHO-PERP market will begin on or after 9:30 UTC 5 DEC 2024.
https://x.com/CoinbaseIntExch/status/1863976505082097906
Coinbase has added MOG Coin (MOG) to its roadmap
https://x.com/CoinbaseAssets/status/1863953921732952240
The declaration triggered a majority of cryptocurrencies to plunge on Upbit, Bithumb and Coinone, the country’s most widely used crypto exchanges.
Bitcoin dropped around 12% on Upbit at one point, while Tether USDT once dropped to 1,200 Korean won, which is around 84 cents. Double-digit falls were also spotted in most altcoins, including Ripple XRP, Shiba Inu and Dogecoin.
https://www.theblock.co/post/329266/south-korean-president-declares-emergency-martial-law-triggering-declines-in-local-crypto-markets
Smile Shop Announces Partnership with Conflux to Launch BitUnion Cards
BitUnion_Card/smile-shop%E5%85%A5%E9%A7%90conflux-payfi%E7%94%9F%E6%85%8B-bitunion%E9%A0%90%E4%BB%98%E5%8D%A1%E5%8D%B3%E5%B0%87%E9%96%8B%E6%94%BE%E7%94%B3%E8%AB%8B-f6e7b41dee2e" rel="nofollow">https://medium.com/@BitUnion_Card/smile-shop%E5%85%A5%E9%A7%90conflux-payfi%E7%94%9F%E6%85%8B-bitunion%E9%A0%90%E4%BB%98%E5%8D%A1%E5%8D%B3%E5%B0%87%E9%96%8B%E6%94%BE%E7%94%B3%E8%AB%8B-f6e7b41dee2e
Gate.io introduces MemeBox, a central hub for meme-related information and trading
https://www.gate.io/announcements/article/41258
Injective has introduced automated INJ burn auctions powered by iAgent
https://x.com/injective/status/1863674264764793061
Spot ETF Flow on 2.12: BTC-ETF +$353.67M, ETH-ETF +$24.23M
https://sosovalue.com/assets/etf/us-btc-spot
Hashflow has announced that the burn proposal has passed. From today, 50% of all protocol fees will fuel buybacks and burns.
https://x.com/hashflow/status/1863732958403731949
Coinbase is integrating Apple Pay into its fiat-to-crypto onramp solution formerly known as Coinbase Pay.
https://www.theblock.co/post/329084/coinbases-fiat-to-crypto-onramp-to-integrate-apple-pay
Former Celsius CEO Alex Mashinsky to plead guilty in fraud case.
https://x.com/watcherguru/status/1864040392003404204
The crypto market is growing
BTC Dominance - 53.39%
Market Cap - $3.56T
BTC - $95,773.34 (-0.44%)
ETH - $3,663.26 (+0.43%)
XRP - $2.54 (-6.93%)
BNB - $735.75 (+15.6%)
SOL - $237.66 (+4.3%)
INJ - $32.77 (+2%)
TON - $6.89 (+3.98%)
ZRO - $6.04 (-1.78%)
https://dropstab.com
Chromia Launches Asgard Upgrade on Mainnet
https://x.com/Chromia/status/1863946639070597470
South Korea President Yoon declares martial law
https://www.reuters.com/world/asia-pacific/south-korea-president-yoon-declares-martial-law-2024-12-03/
Pantera Capital has raised $20 million to invest in TON’s cryptocurrency Toncoin
https://www.dlnews.com/articles/markets/pantera-capital-raises-millions-usd-on-blockchain-ton-funds/
CZ confirms altseason with a post with the "Alt" key on the keyboard
https://x.com/cz_binance/status/1863846884529377485
CPOOL’s First Perp is Live
MEXC now offers Perpetual Futures trading for CPOOL/USDT with up to 50x leverage.
https://x.com/clearpoolfin/status/1863809641731498134
According to Fox Business, Donald Trump's pick to replace Gary Gensler as SEC Chair could be announced as soon as tomorrow.
https://x.com/EleanorTerrett/status/1863803574121050306
Coinbase CEO Brian Armstrong: “We've let all the law firms we work with know, that if they hire anyone who committed these bad deeds in the (soon to be) prior administration, we will no longer be a client of theirs.
Senior partners at these law firms seem unaware of the crypto industry's position on this.
For instance, Milbank recently messed up and hired Gurbir. We don't work with them now (and never will while he works there).
It's an ethics violation in my book to try and unlawfully kill an industry while refusing to publish clear rules. If you were senior there, you cannot say you were just following orders. They had the option to leave the SEC and many good people did. It was not a normal SEC tenure.
They can go work in other areas (I don't believe in permanently cancelling people), but we as an industry should not be putting money in their pocket after the abuse. Let your law firms know that hiring these folks means losing you as a client.”
https://x.com/brian_armstrong/status/1863774342267781222
Tether has minted 1,000,000,000 USDT on Ethereum
https://whale-alert.io/transaction/ethereum/0x2f5dc888b889576bd5dcf921659616a8f7c015c84f6cc4cc9cd49be5178d330a
The crypto market is neutral
BTC Dominance - 54.09%
Market Cap - $3.51T
BTC - $96,090.62 (-0.12%)
ETH - $3,645.33 (-0.71%)
SOL - $228.12 (-0.05%)
BNB - $652.15 (+0.65%)
INJ - $32.33 (+5.79%)
TON - $6.63 (+0.17%)
XRP - $2.76 (+13.67%)
ZRO - $6.18 (+1.09%)
https://dropstab.com