Crypto Daily Movers

Bitcoin surged to a historic high of $108,353 on December 17th and is currently priced at $106,149, Bitcoin is up 0.08% in the past 24 hours, while Ethereum trades at $3,893, down 2.33%. The Fear and Greed Index decreased from 87 to 81 (Extreme Greed) today, still reflecting bullish market sentiment.  Bitcoin smashed its all-time high of $108,353 on December 17, fueling optimism across markets despite a brief pullback to $106,000. Institutional investors continue to drive Bitcoin adoption through ETFs, record-breaking inflows, and strategic stock acquisitions. Meanwhile, President-elect Donald Trump’s bold plan for a Strategic Bitcoin Reserve signals growing acknowledgment of Bitcoin as a national asset. As Bitcoin dominance rises, related equities like MicroStrategy (MSTR) and Marathon Digital (MARA) soar alongside the cryptocurrency. With predictions of Bitcoin hitting $200,000 by mid-2025, the market stands firmly in a bullish phase.   What’s Trending in the Crypto Community?  Ripple (XRP): USD stablecoin  RLUSD stablecoin launched on December 17. Metaplanet (Japan): A Japanese publicly listed company, Metaplanet will issue ¥4.5 billion in bonds to increase its Bitcoin holdings. Tether (USDT)’s Investment: Tether invests in European stablecoin provider StablR. Strategic Bitcoin Reserve: President-elect Donald Trump’s bold plan for a Strategic Bitcoin Reserve signals growing acknowledgment of Bitcoin as a national asset.  Read more: What Is RLUSD? A Comprehensive Guide to Ripple's Stablecoin and Its Impact on XRP    Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change LTC/USDT +6.19% XRP/USDT +2.34% TRON/USDT - 4.96%   Trade now on KuCoin Bitcoin Hits $108K Before Settling at $106K BTC/USD 1-hour chart. Source: Cointelegraph/TradingView   Bitcoin surged to a historic high of $108,353 before dipping over $2,000 to stabilize near $106,000. On-chain data identifies $98,133 as a key support zone, where whales have accumulated over 150,000 BTC. Whalemap’s analytics confirm this price level as a critical buffer for Bitcoin’s upward trajectory.   BTC/USD whale clusters. Source: Whalemap/X   The brief pullback eliminated $70 billion in open interest, with CoinGlass reporting $1.3 billion in liquidated positions. Despite short-term volatility, trading firm QCP Capital remains optimistic, emphasizing that the market's strength outweighs any bearish sentiment. Indicators like the Moving Average Convergence Divergence (MACD) reflect strong underlying momentum, suggesting further gains ahead.   Exchange Bitcoin futures OI (screenshot). Source: CoinGlass   Bitcoin bull market drawdowns. Source: Glassnode   Bitcoin ETFs Close to Dominating Gold with $121.8 Billion in AUM Bitcoin ETFs are closing in on gold ETFs, achieving 88% of their total assets under management (AUM). US Bitcoin spot ETFs now hold over 1.135 million BTC worth $121.83 billion—more than 5% of Bitcoin’s total supply. Inflows hit $2.167 billion in a single week between December 9 and 13, according to Farside Investors.   Gold ETFs in the US market hold $138 billion in AUM, but Bitcoin is gaining ground rapidly. Institutional investors are driving this shift, recognizing Bitcoin as the “digital gold” for the future. Analysts predict this momentum will push Bitcoin to $200,000 by mid-2025 as capital flows into Bitcoin-linked assets continue to rise.   BTC/USDT daily price chart Source: TradingView   Bitcoin-Linked Stocks like Microstrategy See Massive Gains Equities tied to Bitcoin are reaping rewards from the cryptocurrency’s rally. MicroStrategy  (MSTR) saw inflows of $11 million after joining the Nasdaq 100, tripling its daily average. MicroStrategy now holds 439,000 BTC with a 72.4% year-to-date return.   Marathon Digital (MARA) added 11,774 BTC, pushing its stock price up 11% and delivering a 47.6% annual return. Riot Blockchain expanded its holdings to 17,429 BTC, achieving a 37.2% yield for the year. Institutional investors continue to pour money into Bitcoin-linked equities, capitalizing on Bitcoin’s dominant market position.   Trump’s $200 Billion Bitcoin Reserve Plan Sparks Optimism US President-elect Donald Trump plans to leverage the $200 billion Exchange Stabilization Fund (ESF) to establish a Strategic Bitcoin Reserve (SBR). Dennis Porter, founder of the Satoshi Act Fund, revealed Trump’s intention to stabilize the dollar by purchasing Bitcoin through the Treasury.   Porter stated, “Trump will use this fund to buy Bitcoin.”   If Trump does not act, state-level initiatives will move forward, with Pennsylvania and Texas already drafting legislation to create their own reserves. Senator Cynthia Lummis’s proposed Bitcoin Act aims to acquire 200,000 BTC annually over five years to position the US as a Bitcoin leader. Globally, Brazil, Poland, and Japan are considering similar measures to adopt Bitcoin as a national reserve asset.   Bitcoin Price Dominates as Institutional Demand Grows Bitcoin’s dominance continues to rise, with daily charts showing strong support between $102,650 and $103,333. Long positions on Binance outpace short ones, reflecting bullish trader sentiment. The MACD indicator signals positive price momentum, while key psychological support at $100,000 will stabilize any corrections.   With ETFs holding over $121.83 billion and institutional investors driving inflows, Bitcoin’s upward trend remains unstoppable. Stocks like MicroStrategy and MARA are capitalizing on this momentum, and Trump’s proposed Bitcoin reserve further cements Bitcoin’s role as a national asset.   Read more: What Is a Bitcoin ETF? Everything You Need to Know   Conclusion: Bitcoin’s Bullish Trajectory Continues Bitcoin’s all-time high of $108,353 marks the beginning of a new phase of adoption and institutional confidence. ETFs dominate with nearly 88% of gold’s AUM, stocks soar alongside Bitcoin, and Trump’s strategic plan highlights its growing role in global finance. Analysts predict Bitcoin will hit $200,000 by mid-2025, with current price levels offering a launchpad for sustained growth. Bitcoin’s future is clear. It leads the market, attracts record-breaking institutional support, and reshapes global financial systems.

Bitcoin is currently priced at $106,060, Bitcoin is up 1.52% in the past 24 hours, while Ethereum trades at $3,986, up 0.69%. The Fear and Greed Index rose to 87 (Extreme Greed) today, reflecting bullish market sentiment. As Bitcoin surged to a new all-time high of $107,000 on December 16th, MicroStrategy bought 15,350 BTC for $1.5 billion bringing its total to 439,000 BTC worth $45.6 billion. Ripple’s RLUSD stablecoin, is launching on December 17, 2024.    Crypto investment products recorded $3.2 billion in inflows last week marking the 10th straight week of growth. Furthermore, total inflows for 2024 reached $44.5 billion with $20.3 billion in the past 10 weeks alone accounting for 45% of the year’s total. Ethereum products added $1 billion last week hitting seven straight weeks of inflows. Investor confidence is at record highs as crypto markets gain momentum.   What’s Trending in the Crypto Community?  MicroStrategy (MSTR): Purchased approximately 15,350 Bitcoin with about $1.5 billion in cash. Semler Scientific: Purchased 211 Bitcoins again; Riot acquired 667 Bitcoins at an average price of $101,135 per BTC. Solv Protocol: Announced that SOLV will be listed on Hyperliquid. Base Network: TVL broke through $14 billion, setting a new all-time high. Ripple (XRP): Ripple USD (RLUSD) stablecoin will release on December 17.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change BTC/USDT +1.63% XRP/USDT +2.94% TRON/USDT + 2.20%   Trade now on KuCoin MicroStrategy Adds $1.5 Billion in Bitcoin  Source: Michael Saylor on X   MicroStrategy bought 15,350 BTC between December 9 and 15 for $1.5 billion at an average price of $100,386 per Bitcoin. This brings MicroStrategy’s total holdings to 439,000 BTC worth $45.6 billion. The company has spent $27.1 billion on its Bitcoin treasury with an average purchase price of $61,725 per BTC. CEO Michael Saylor remains resolute saying he will continue buying Bitcoin even above $100,000.   On December 9, MicroStrategy added another 21,550 BTC further cementing its dominance as the largest corporate Bitcoin holder. At current prices MicroStrategy’s holdings account for nearly 0.5% of Bitcoin’s fixed supply of 21 million. Their aggressive acquisition strategy reflects deep confidence in Bitcoin’s ability to preserve value and outpace inflation over time.   Source: Michael Saylor on X   Ripple’s RLUSD Stablecoin is Launching on December 17th Source: KuCoin   Ripple will launch its RLUSD stablecoin on December 17, 2024 on the XRP, Ledger and Ethereum networks. Early listings include Uphold, MoonPay, Archax, and CoinMENA with more platforms like Bitso and Bitstamp to follow.     Ripple added Raghuram Rajan, former Reserve Bank of India governor, and Kenneth Montgomery, former Federal Reserve Bank of Boston vice president, to its advisory board. CEO Brad Garlinghouse confirmed RLUSD is fully backed by U.S. dollar deposits, government bonds, and cash equivalents.    Ripple CTO David Schwartz warned of early RLUSD volatility due to limited supply, with some traders willing to pay as much as $1,200 per token. “Please don’t FOMO into a stablecoin,” he said.     RLUSD will launch in the Americas, Asia-Pacific, UK, and Middle East. Ripple is exploring entry into the E.U. pending regulatory approval.   Read more: What Is RLUSD? A Comprehensive Guide to Ripple's Stablecoin and Its Impact on XRP   Bitcoin Enters “Santa Claus Mode” Hitting $107,000 Bitcoin rallied 5% on December 15th reaching $106,554 before stabilizing at $106,000. The surge comes just days after BTC broke through $104,000 on December 5. Bitcoin has climbed over 190% year-to-date. CK Zheng CIO of ZK Square said Bitcoin has entered “Santa Claus mode” as year-end demand increases with investors fearing they will miss out.   Jack Mallers CEO of Strike added to the excitement suggesting that President-elect Donald Trump could issue an executive order on day one to make Bitcoin a U.S. reserve asset.    Mallers said “There’s potential to use a day-one executive order to purchase Bitcoin. It wouldn’t be the size and scale of 1 million coins but it would be a significant position.”   Bitcoin’s December surge signals growing demand from institutional and retail investors as the year closes.   Crypto Investment Products See $3.2 Billion Weekly Inflows Flows by assets (in millions of US dollars). Source: CoinShares   Crypto investment products recorded $3.2 billion in inflows between December 9 and 13. This marked the 10th consecutive week of gains. Total inflows for 2024 hit $44.5 billion with $20.3 billion coming in the last 10 weeks alone.   Bitcoin investment products led with $2 billion in inflows reflecting strong institutional demand. Since the U.S. presidential election Bitcoin-related products have seen $11.5 billion in inflows. Short Bitcoin products recorded inflows of $14.6 million although total assets under management remain at $130 million.   BlackRock’s iShares Bitcoin Trust ETF led inflows with $2 billion while Grayscale’s Bitcoin Trust saw outflows of $145 million. These shifts highlight investor preference for newly launched ETF products.   Flows by countries (in millions of US dollars). Source: CoinShares   Ethereum ETPs Hit $1 Billion Weekly Inflows Ethereum investment products added $1 billion in inflows last week marking the seventh consecutive week of growth. Total inflows for Ether-based products over the seven-week period reached $3.7 billion. Ethereum trades near $4,003 showing steady upward momentum driven by institutional interest and growing use in decentralized finance.   Ethereum products remain the second-largest driver of inflows behind Bitcoin highlighting its utility in smart contracts and DeFi ecosystems.   Read more: What Is an XRP ETF, and Is It Coming Soon?   Global Inflows Reflect Market Confidence The United States led all regions with $3.1 billion in inflows followed by Switzerland with $35.6 million and Germany with $33 million. Sweden recorded the only outflows last week totaling $19 million. These figures underscore the growing global acceptance of Bitcoin and Ethereum as key investment assets.   Institutional players continue to dominate with products like BlackRock’s Bitcoin ETF drawing billions in capital. Investors see Bitcoin and Ethereum as reliable stores of value in volatile markets with Bitcoin outperforming gold and equities year-to-date.   Conclusion Bitcoin’s rise to $106,500 reflects growing institutional confidence and increased global demand. MicroStrategy’s $1.5 billion purchase reinforces Bitcoin’s long-term value as a reserve asset. Crypto investment products saw $3.2 billion in inflows last week bringing 2024’s total to $44.5 billion. Ethereum investment products added $1 billion marking consistent growth for the second-largest cryptocurrency. Speculation on Bitcoin becoming a U.S. reserve asset continues to drive momentum as 2024 approaches.

Bitcoin hit an all-time high of $106,500 on December 15, 2024, driven by speculation that the Trump administration may designate it as a US reserve asset. Currently priced at $104,469, Bitcoin is up 3.10% in the past 24 hours, while Ethereum trades at $3,958, up 2.29%. The Fear and Greed Index rose to 83 (Extreme Greed) today, reflecting bullish market sentiment. With a $2 trillion market cap, Bitcoin is projected to reach as high as $800,000 by 2025, potentially growing to a $15 trillion valuation. MicroStrategy, holding 158,245 BTC, will join the Nasdaq 100 by December 23, while MARA Holdings seeks inclusion after recent major Bitcoin purchases. XRP, supported by the RLUSD stablecoin, is also gaining traction, with its $138 billion market cap expected to grow alongside increased adoption.   What’s Trending in the Crypto Community?  MicroStrategy (MSTR) has been included in the Nasdaq 100 index and will join on December 23, 2024. Bitcoin has broken through $106,500, setting a new all-time high on Monday, December 16, 2024. . Bitwise CEO: AI agents need crypto systems and use stablecoins and Bitcoin for transactions. Lending Protocol Aave: Net inflow surged to $500 million in the past week. NFT Trading Volume: Reached $224.41 million this week, a 16.27% increase from the previous week. OpenSea: Registration of a foundation has sparked airdrop speculation, with a new version possibly launching this month. Read more: What Are AI Agents in Crypto, and the Top AI Agent Projects to Know?    Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change BTC/USDT +2.83% FTM/USDT +16.08% AAVE/USDT - 2.71%   Trade now on KuCoin   BTC Hit an All-Time-High above $106K Today Source: KuCoin   Bitcoin hit 106,500 today, reaching an all-time high on December 15, 2024. Perianne Boring, founder of The Digital Chamber, predicts Bitcoin’s fixed supply may drive its price to 800,000 by the end of 2025. She ties this potential surge to Donald Trump implementing his proposed crypto policies.   Boring stated “If Donald Trump is successful in putting forth a lot of the proposals that he's proposed to the [crypto] community the sky's the limit because Bitcoin has a fixed supply.”   The stock-to-flow model forecasts Bitcoin’s price to exceed 800,000 by 2025. At that price Bitcoin’s market cap would hit 15 trillion up from its current 2 trillion. This model estimates Bitcoin scarcity and demand trends.   PlanB the stock-to-flow model creator predicts Bitcoin will average 500,000 across 2025. He also believes Bitcoin’s price could peak at 1 million during this period.   Source: PlanB   Trump and Bitcoin: A New Reserve Asset? Donald Trump might declare Bitcoin as a United States reserve asset through an executive order on day one in office. Jack Mallers, CEO of Strike, revealed this plan during a podcast interview with Tim Pool. Trump could use the "Dollar Stabilization Act" to authorize this move. The proposal suggests the U.S. Treasury and Federal Reserve purchase 200,000 Bitcoin annually over five years. Senator Cynthia Lummis introduced this strategy as part of the Bitcoin Act of 2024. The goal is to accumulate 1 million Bitcoin and hold the reserve for 20 years. This would remove 5 % of Bitcoin’s 21 million fixed supply from circulation.   Mallers stated, "There’s potential to use a day-one executive order to purchase Bitcoin. It wouldn't be the size and scale of 1 million coins but it would be a significant position."   Analysts predict this could cause Bitcoin's price to skyrocket. Perianne Boring, founder of The Digital Chamber, forecasts Bitcoin could hit $800,000 by the end of 2025. This would raise Bitcoin’s market cap to $15 trillion from its current $2 trillion. PlanB, creator of the stock-to-flow model, expects Bitcoin to average $500,000 in 2025 and potentially peak at $1 million. BlackRock, managing $10 trillion in assets, advises a 1 to 2% portfolio allocation to Bitcoin. A 2 % allocation of global reserves, currently valued at $900 trillion, could push Bitcoin to $900,000.   Read More: Donald Trump Backed WLFI Acquires $12 Million in Ethereum, Chainlink, and Aave   Michael Saylor and MARA’s Drive to the Nasdaq 100 Source: Google   MicroStrategy will join the Nasdaq 100 on December 23. The company holds over 158,245 Bitcoin worth $16.7 billion at current prices. MARA Holdings aims to follow this path. MARA invested over $600 million in Bitcoin in the last two months, increasing its market cap to $7.32 billion. MicroStrategy's market cap now stands at $94.77 billion.   Michael Saylor, MicroStrategy founder, said, "I expect $MARA will be the next." MARA’s chairman Fred Thiel added, "We are working hard to get there."   Joining the Nasdaq 100 solidifies a company’s position as one of the 100 largest on the exchange. This inclusion reflects the growing prominence of Bitcoin-centric firms in traditional finance.   RLUSD Stablecoin: Driving XRP Demand into 2025 Source: KuCoin   The RLUSD stablecoin will likely drive demand for XRP heading into 2025. The New York Department of Financial Services approved RLUSD, which will be backed by fiat reserves and short-term Treasury bills. Most RLUSD transactions will occur on the XRP Ledger (XRPL) and the XRP-EVM sidechain. These systems require XRP for gas fees, ensuring consistent demand.   Georgios Vlachos, co-founder of Axelar, explained, "When you do those transfers, you pay for gas in XRP. XRP holders benefit because you burn some XRP every time you do a transaction."   XRP currently has a maximum supply of 100 billion tokens with 57 billion circulating. In November 2024, XRP reached a seven-year high of $2.90, driven by political developments and new ecosystem upgrades. The price later pulled back to $2.45 as the Relative Strength Index hit 95, signaling overbought conditions.   Ripple's RLUSD stablecoin will increase activity on the XRP Ledger. Emerging economies also use stablecoins like RLUSD for transactions and as a hedge against inflation. In December 2024, XRP ranked as the fourth-largest cryptocurrency by market cap at $138 billion, just $2 billion shy of Tether’s $140 billion.   Read More: Ripple’s RLUSD Secures Approval from The New York State Department of Financial Services, Dec 11   Conclusion: Bold Moves Reshaping Crypto Bitcoin and XRP are entering a transformative period fueled by policy changes and technological advancements. Trump’s potential Bitcoin purchase could make it a national reserve asset, potentially driving prices to $800,000 or beyond. XRP's demand will likely grow with the adoption of RLUSD and increased activity in its ecosystem. Institutions like MicroStrategy and MARA are setting new benchmarks for crypto integration into traditional markets. With $900 trillion in global reserves and growing institutional interest, Bitcoin and XRP are positioned for unprecedented growth in 2025.

Bitcoin is currently priced at $100,002 with a -1.10% decrease in the past 24 hours, while Ethereum trades at $3,881, up +1.31% over the same period. The futures market remains balanced, with a 50.1% long and 49.9% short position ratio. The Fear and Greed Index, a key measure of market sentiment, maintained the sentiment from 83 (Extreme Greed) yesterday to 76 (Extreme Greed) today. The crypto market is undergoing a rapid transformation, fueled by major investments and strategic initiatives. In the past few months alone, institutional players and companies have collectively moved billions into cryptocurrencies and blockchain projects, signaling a new phase of adoption. Highlights include a $12 million purchase by Donald Trump-backed WLFI, Sol Strategies’ 2336% stock surge since July, Chainalysis’ expansion to cover 4 million Solana memecoins in Pump.fun, BlackRock’s $50 billion Bitcoin ETF product, and Avalanche’s $250 million token sale for a groundbreaking upgrade. These developments showcase the growing financial and technical significance of the crypto ecosystem.   What’s Trending in the Crypto Community?  Donald Trump-backed WLFI Purchases $12 Million in Ethereum, Chainlink and Aave Sol Strategies Plans Nasdaq Listing After 2336% Stock Surge Chainalysis Expands Solana Coverage to Pump.fun Memecoins Avalanche Raises $250 Million for Avalanche9000 Upgrade BlackRock's Bitcoin spot ETF has surpassed its gold ETF in size. Meta CEO Mark Zuckerberg donated $1 million to President-elect Trump's inauguration fund.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change ETH/USDT + 2.18% LINK/USDT + 20.14% AAVE/USDT + 17.5%   Trade now on KuCoin   Donald Trump-backed World Liberty Financial (WLFI) Purchases $12 Million in Ethereum, Chainlink, and Aave Source: Arkham   World Liberty Financial (WLFI) Initiative tied to President-elect Donald Trump made a $12 million crypto acquisition. On December 12, WLFI purchased 2631 ETH for $10 million at $3801 per token. The project also acquired 41335 LINK and 3357 AAVE spending $1 million on each.   According to Arkham Intelligence WLFI's holdings now exceed $74.7 million. The portfolio includes 14,576 ETH worth over $57 million 102.9 cbBTC valued at $10.3 million and additional assets like USDC. WLFI’s substantial crypto purchase appears to have influenced market conditions. According to CryptoSlate’s data, both LINK and AAVE recorded price increases exceeding 25% within 24 hours.   Source: Arkham   WLFI aims to position itself as a leader in decentralized finance by offering lending borrowing and digital asset investment services. The initiative plans to launch a stablecoin and DeFi access tools signaling confidence in decentralized systems under favorable US regulations.   Sol Strategies Plans Nasdaq Listing After 2336% Stock Surge Sol Strategies formerly Cypherpunk Holdings announced plans to list on Nasdaq after a 2336% increase in its stock price since July. The company's ticker HODL on the Canadian Securities Exchange benefited from its pivot to the Solana ecosystem.   As of December 11, Sol Strategies holds 142,000 SOL tokens worth $46 million and operates four Solana validators. The company has staked nearly 1 million SOL tokens valued at over $300 million further integrating into the Solana network.   A Nasdaq listing offers access to a broader investor base, improved liquidity and enhanced brand visibility. The move underscores the company's focus on Solana as the next frontier in blockchain innovation.   Chainalysis Expands Solana Coverage to Pump.fun Memecoins Blockchain analytics firm Chainalysis extended its Solana token coverage to include Pump.fun memecoins. The platform now supports compliance tools like Know Your Transaction KYT and Reactor for all Solana Program Library SPL tokens.   Pump.fun has facilitated the creation of over 4 million memecoins generating $93 million in monthly revenue as of November. While the platform is the fastest-growing crypto app ever, 95 % of its tokens reportedly become scams or rugpulls within a day of launch.   Chainalysis aims to mitigate risks by offering complete exposure and tracing for Pump.fun tokens. The expansion enables exchanges to list memecoins with compliance coverage and gives governments tools to investigate fraudulent activities.   Read more: Top Solana Memecoins to Watch   BlackRock Recommends Bitcoin Allocations of Up to 2 % BlackRock managing $11.5 trillion in assets issued its first specific guidance on Bitcoin portfolio allocations. In a report to institutional investors the firm recommended a 1 to 2% allocation for multi-asset portfolios citing Bitcoin's growing importance.   BlackRock compared Bitcoin’s risk profile to mega-cap tech stocks. A 1 to 2% allocation in a 60-40 portfolio offers a balanced risk without excessive exposure. However the firm warned that going beyond 2 % would disproportionately increase portfolio risk.   BlackRock's IBIT product manages $50 billion in assets. The firm's support solidifies Bitcoin's role as a key portfolio asset for institutional investors.   Read More: Ethereum ETFs BlackRock and Fidelity Fuel $500 Million in Two Days   Avalanche Raises $250 Million for Avalanche9000 Upgrade Avalanche raised $250 million in a locked token sale led by Galaxy Digital Dragonfly and ParaFi Capital. The funds will support the Avalanche9000 upgrade set to launch on mainnet December 16.   The upgrade aims to reduce blockchain deployment costs by 99.9 % and transaction costs by 25 times. Over 500 Layer 1 chains across sectors like gaming loyalty payments and real-world asset tokenization are in development on Avalanche.   Avalanche previously raised $230 million in 2021 showing consistent support from leading crypto investors. The Avalanche9000 upgrade promises to revolutionize Layer 1 scalability and cost-efficiency.   Conclusion The crypto market has entered a new phase of growth driven by billions in investments and strategic developments. WLFI now holds over $74.7 million in assets after its $12 million crypto purchase while Sol Strategies’ stock soared 2336 % and its SOL holdings reached $46 million. Chainalysis’ tools now cover over 4 million Solana memecoins and Pumpfun generated $93 million in revenue last month. BlackRock’s Bitcoin ETF product manages $50 billion and Avalanche’s $250 million token sale will launch a highly scalable upgrade. These numbers and initiatives reflect the accelerating pace of crypto adoption and the sector’s expanding role in global finance.

Bitcoin is currently priced at $101,110 with a +4.67% increase in the past 24 hours, while Ethereum trades at $3,831, up +5.60% over the same period. The futures market remains balanced, with a 50.9% long and 49.1% short position ratio. The Fear and Greed Index, a key measure of market sentiment, upgraded the sentiment from 74 (Extreme Greed) yesterday to 83 (Extreme Greed) today. The crypto world is changing fast and transforming traditional finance as well. Cryptocurrency and blockchain technology are redefining global markets. From Bitcoin-backed ETFs like BlackRock and Fidelity buying a record-breaking $500 Million in Ethereum ETF investments and the rise of stablecoins, Citi’s research numbers show how crypto is transforming traditional finance. This article explores three key trends: MicroStrategy joining the Nasdaq 100, Ethereum ETFs driving billions in trading volume, and stablecoins reshaping global finance with trillions in transactions.   What’s Trending in the Crypto Community?  Spot Bitcoin ETFs saw net inflows for nine consecutive days, and spot Ethereum ETFs saw net inflows for twelve consecutive days. MicroStrategy  (MSTR) Joins the Nasdaq 100. ETFs BlackRock and Fidelity Drive $500 Million USD in Ethereum. Stablecoins Rival US Dollar Dominance By 1.4 Trillion in Q1 2024 and continue the trend into 2025 according to Citi Wealth. CEO of BNY Mellon: Tokenization is a major trend in financial markets.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change SUI/USDT + 28.10% XRP/USDT + 5.22% AAVE/USDT + 28.16%   Trade now on KuCoin   MicroStrategy Joins the Nasdaq 100 Source: Eric Balchunas   MicroStrategy  will join the Nasdaq 100 stock index on December 23. This is a major milestone for a company that has shifted its focus to Bitcoin. Since adopting its Bitcoin strategy in 2020, the stock price has surged 2500%. It climbed from about 140 USD per share to over 3600 USD as of December 2024. Bitcoin recently passed 100,000 USD, boosting MicroStrategy further.   Inclusion in the Nasdaq 100 will put MicroStrategy in the Invesco QQQ Trust ETF. This ETF manages 322 billion USD in assets. Institutional investors will now have easier access to MicroStrategy, which holds 152000 Bitcoin valued at over 15.2 billion USD. Analysts predict the company could join the S&P 500 next year if its market capitalization reaches 14 billion USD.   Critics highlight risks. MicroStrategy has 2.4 billion USD in debt, much of it financed at low interest rates around 0.75%.   ETFs BlackRock and Fidelity Drive $500 Million USD in Ethereum Source: The Block   Ethereum  continues to attract institutional investors. BlackRock and Fidelity bought 500 million USD worth of Ethereum in two days. They used Coinbase and its Prime platform to execute these trades.   BlackRock's ETHA ETF recorded 372.4 million USD in trading volume on December 10. Fidelity's FETH ETF added 103.7 million USD in trading volume the same day. Combined, these ETFs accounted for 476.1 million USD in activity. Ethereum traded at 3830 USD on December 11. The price increased 5.1% in 24 hours with 39.3 billion USD in trading volume.   The U.S. Securities and Exchange Commission approved eight spot Ethereum ETFs in May 2024. Institutional inflows into Ethereum now exceed 3 billion USD. Total assets under management for Ethereum ETFs stand at about 12 billion USD.   Citi Wealth Cites Stablecoins Rival US Dollar Dominance By 1.4 Trillion in Q1 and Continues The Trend Source: The Block   Stablecoins now dominate cryptocurrency trading, making up over 80% of total volume. Tether holds a market capitalization of 83 billion USD. Circle’s USDC has 27 billion USD. Combined, these stablecoins handle over 1 trillion USD in monthly transactions.   Citi Wealth reports stablecoins are strengthening the global dominance of the US dollar. Stablecoins backed by US Treasury bills represent 1% of total Treasury purchases today. Regulatory clarity could double stablecoin adoption by 2026. Treasury demand from issuers might surpass 150 billion USD annually.   “Rather than usurping the dollar, therefore, this variety of cryptocurrency could thus make dollars more accessible to the world and reinforce the U.S. currency’s longstanding global dominance."   In Q1 2024, stablecoins processed 5.5 trillion USD in transactions. Visa handled 3.9 trillion USD in the same period. Tether alone accounted for 3.4 trillion USD in transfers. Ripple's RLUSD stablecoin recently received regulatory approval. This approval opens the door for more competition in the stablecoin market.   "Originally, cryptocurrencies such as bitcoin were conceived as rivals to the central bank–issued currencies. Indeed, some believed – and continue to believe – that bitcoin might end the U.S. dollar’s hegemony," the strategists wrote in a new report. "However, stablecoins – which account for more than four-fifths of cryptocurrency trading volume – are challenging that narrative."   Citi points to the fact that the vast majority of stablecoins are pegged to the U.S. dollar while issuers keep both USD and U.S. Treasuries on reserve. They also suggest that if the U.S. government moves to further legitimize stablecoins, that could bolster USD's dominance.   "Greater regulatory clarity could also potentially further boost [stablecoins] appeal. If so, demand for U.S. Treasury bills from stablecoin issuers might grow from around 1% of purchases today," said Citi. "Rather than usurping the dollar, therefore, this variety of cryptocurrency could thus make dollars more accessible to the world and reinforce the U.S. currency’s longstanding global dominance."   Traditional payment providers are adapting fast. Visa partners with Circle to settle transactions using USDC. PayPal launched its PYUSD stablecoin in August 2023. These moves show how traditional and crypto-native systems are converging.   Citi also included data illustrating how widely used stablecoins have become.   "Activity has reached record highs, with $5.5 trillion in value across the first quarter of 2024. By comparison, Visa saw about $3.9 trillion in volume," the strategists said. "In response to this challenge, Visa, PayPal and other traditional providers are adapting by offering stablecoins of their own or settling transactions in other firms’ coins."   Read more: What Is RLUSD? A Comprehensive Guide to Ripple's Stablecoin and Its Impact on XRP   Conclusion Cryptocurrency and blockchain technology are reshaping global finance. MicroStrategy’s 2500% stock price surge and 152,000 Bitcoin holdings highlight Bitcoin’s role in corporate strategy. Ethereum ETFs are driving billions in trading volume and attracting major institutional players. Stablecoins now process trillions in transactions each year while reinforcing the dominance of the US dollar. These trends are not just reshaping finance. They are building the future of the global economy.   Read more: Wise Monkey (MONKY) Airdrop for FLOKI, TOKEN, and APE Holders on December 12: All You Need to Know

Bitcoin is currently priced at $97,272 with a 3.39% decrease in the past 24 hours, while Ethereum trades at $3,712, down -7.28% over the same period. The futures market remains balanced, with a 48.3% long and 51.7% short position ratio. The Fear and Greed Index, a key measure of market sentiment, maintained 78 (Extreme Greed) today (same level as 24 hours ago). The crypto market is breaking records as Tether leads stablecoins with 109 million USDT wallets across 25 blockchains. MicroStrategy bought 21,550 bitcoin for $2.1 billion in one week. Its holdings now total 423,650 bitcoin. Coinbase sees record trading volumes as Bitcoin tops $100,000 and altcoin activity surges. Needham analysts raise Coinbase’s stock target from $375 to $420.    What’s Trending in the Crypto Community?  MicroStrategy buys 21,550 Bitcoin for approximately $2.1 billion. Polymarket predicts the probability of Ethereum hitting a new all-time high this year has risen to 32%. Stablecoin and Tether’s USDT total market cap surpasses $200 billion hitting a record high. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers    Trading Pair  24H Change SUI/USDT - 12.46% XRP/USDT - 13.8% WLD/USDT - 21.54%   Trade now on KuCoin   Tether USDT Wallets Hit 109 Million and Leads Stablecoin Market, Challenging Bitcoin and Ethereum User Base Source: KuCoin   Tether reports 109 million wallets holding USDT on-chain in Q4 2024. Ethereum wallets stand at 121 million. Bitcoin wallets total 56 million. USDT dominates the stablecoin market with 97.5% of the total supply across 25 blockchains.   Philip Gradwell, head of economics at Tether, said:   “The prevalence of low-balance wallets is a feature, not a bug, highlighting USDT’s accessibility to users who might otherwise be unbanked.”   Centralized platforms host 86 million accounts with on-chain USDT deposits. Exchanges logged 4.5 billion visits in the first three quarters of 2024. Emerging markets accounted for 2.25 billion of these visits. In these regions, users rely on USDT for saving, sending, and shielding against inflation.   Wallet data shows 18.7 million accounts hold balances below $1. Another 31.5 million wallets hold between $1 and $1,000. Together, these small-balance wallets represent 46% of all accounts. Thirty % reactivate periodically, showing consistent use.   High-balance wallets exceed 1.1 million. Most hold between $1,000 and $10,000. Wallets with balances over $10,000 make up less than 1% of the total. USDT surged after the FTX collapse. Users moved to self-custody and assets they trusted. Compared to other stablecoins, USDT leads by a factor of 4. It outpaces competitors in adoption, reliability, and integration.   MicroStrategy Acquires 21,550 More Bitcoin for $2.1 Billion on Dec 9 Source: The Block   MicroStrategy added 21,550 bitcoin between December 2 and December 8, 2024. The purchase cost $2.1 billion. Each bitcoin cost $98,783 on average, including fees. This brings Microstrategy's total bitcoin holdings to 423,650. MicroStrategy spent $25.6 billion in total. Its average cost per bitcoin is $60,324. These holdings account for 2.2% of bitcoin’s circulating supply.   The company funded the purchase by issuing 5,418,449 shares. The share sales generated $2.13 billion. Bitcoin’s price rose 40% in the last five weeks, climbing from $70,000 to $100,000. MicroStrategy’s stock gained 20% during the same period. The stock is up 480% year-to-date.   This marks five consecutive weeks of major bitcoin purchases by MicroStrategy. The company remains the largest corporate bitcoin holder worldwide. Its bitcoin strategy is a key driver of its stock’s performance, which has outpaced the S&P 500’s 17% gain in 2024.   Needham Raises Coinbase Stock Target From $375 to $420 as Altcoin Trading Spikes Needham increased its price target for Coinbase to $420 on December 9 2024. The previous target was $375. Q4 trading volumes are projected to reach $435 billion, a 32% increase from Q3’s $330 billion. Altcoin trading contributed significantly, accounting for 38% of total volume compared to 28% in the previous quarter.   Bitcoin’s price surpassing $100,000 in November drove trading activity. Retail users returned in large numbers, boosting altcoin market participation. Analysts predict Coinbase will post $2.1 billion in revenue and $2.37 EPS for Q4. For 2025, they forecast $8.9 billion in revenue and $9.61 EPS.   Coinbase’s stock climbed 80% in 2024, rising from $175 to $316. Following the November election and Bitcoin’s surge, Coinbase shares jumped 54% in just two weeks. Altcoins like Solana, Cardano, and Avalanche have seen trading volumes increase by 45% over the last quarter. This activity supports Coinbase’s growing revenue base, with retail and institutional users contributing to higher fees and transaction counts.   Conclusion The cryptocurrency market continues its rapid expansion, led by dominant players like Tether, MicroStrategy, and Coinbase. Tether’s 109 million wallets highlight stablecoins’ role as financial tools for both retail and institutional users. MicroStrategy’s $2.1 billion bitcoin purchase demonstrates long-term confidence in the leading cryptocurrency’s value. Coinbase’s record trading volumes and stock growth underline the increasing demand for secure, reliable crypto exchanges. The numbers are clear. Crypto adoption is accelerating. Stablecoins provide access and stability. Bitcoin remains a trusted store of value. Exchanges like Coinbase fuel participation in the global digital economy. These milestones show the transformation of finance, proving that crypto’s role in the future of money is here to stay.

Bitcoin is currently priced at $101,106 with a +1.28% increase in the past 24 hours, while Ethereum trades at $4,004, up +0.20% over the same period. The futures market remains balanced, with a 49.3% long and 50.7% short position ratio. The Fear and Greed Index, a key measure of market sentiment, maintains the sentiment 79 (Extreme Greed) yesterday to 78 (Extreme Greed) today. Bitcoin’s unprecedented climb past $100,000 has triggered record-breaking achievements in DeFi, national investments, and institutional adoption. Liquidium has reached its highest lending volume in months, El Salvador has seen its Bitcoin portfolio's unrealized gains cross $333 million, and U.S. Bitcoin ETFs now hold over 1.1 million BTC, surpassing Satoshi Nakamoto’s estimated holdings. This article explores the technical milestones and figures behind these groundbreaking developments.   What’s Trending in the Crypto Community?  Michael Saylor of MicroStrategy: Suggests US sell gold reserves to buy at least 20% to 25% of circulating Bitcoin. US spot Bitcoin ETF saw net inflows of $2.74 billion this week, second-largest weekly inflow since launch. BlackRock: Bitcoin can be a potential diversification tool. El Salvador’s Bitcoin Portfolio Reaches $333M. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers    Trading Pair  24H Change SUI/USDT - 3.57% XRP/USDT - 4.76% LINK/USDT + 8%   Trade now on KuCoin   El Salvador’s Bitcoin Portfolio Gains $333 Million  Source: X El Salvador's Bitcoin investment strategy has yielded unrealized gains exceeding $333 million following Bitcoin’s price surge. President Nayib Bukele publicly shared the country’s holdings to highlight the financial success of the nation’s bold cryptocurrency adoption. The government has invested $270 million in Bitcoin since September 2021. El Salvador’s portfolio consists of 4,568 BTC, purchased at an average cost of $59,000 per coin. The portfolio’s current value exceeds $456 million, representing a 123% increase in unrealized gains These gains place El Salvador among the most successful national investors in cryptocurrency. The nation has adopted a long-term approach, holding all Bitcoin without selling any of its reserves. This strategy aligns with El Salvador’s broader vision of integrating Bitcoin into its economy and financial system. The country’s embrace of Bitcoin has also boosted tourism and foreign investment, with over $100 million in related economic activity recorded in 2023.   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   U.S. Bitcoin ETFs Surpass Satoshi Nakamoto’s 1.1 Million BTC Holdings with $2.74B  US spot Bitcoin ETFs passed Satoshi Nakamoto in total BTC held. Source: Eric Balchunas on X   For the first time, U.S. spot Bitcoin exchange-traded funds (ETFs) collectively hold more Bitcoin than Satoshi Nakamoto’s estimated 1.1 million BTC. These ETFs have experienced rapid growth, fueled by Bitcoin’s price surge and increasing institutional demand. The combined ETF holdings total 1,105,923 BTC, surpassing Satoshi’s estimated 1.1 million BTC BlackRock’s IBIT ETF leads with 521,164 BTC, representing nearly 47 % of total ETF holdings Grayscale’s converted GBTC fund holds 214,217 BTC, or 19 % of total ETF assets Fidelity’s FBTC fund follows closely with 199,183 BTC, contributing 18 % to the total Total inflows for all ETFs since January exceed $33 billion, with $2.4 billion added in the past week alone December 5 saw $766.7 million in inflows, equal to 7,800 BTC The ETFs now manage over $100 billion in assets, a significant milestone achieved within less than a year since the first spot ETF launched. This institutional interest underscores Bitcoin’s growing appeal as a secure and liquid investment asset. The ETFs’ rapid growth reflects the increasing mainstream acceptance of Bitcoin in global financial markets.   Read more: What Is a Bitcoin ETF? Everything You Need to Know   Satoshi Nakamoto’s Estimated 1.1 Million BTC Holdings Satoshi Nakamoto is estimated to have mined approximately 1.1 million BTC during Bitcoin’s early development. These coins remain unspent, symbolizing the decentralized ethos of the cryptocurrency. Satoshi mined nearly 22,000 blocks between 2009 and 2010 Each block rewarded 50 BTC, resulting in approximately 1.1 million BTC At today’s price of $100,000 per BTC, these holdings are worth over $110 billion Some researchers estimate the actual holdings could range between 600,000 BTC and 1.5 million BTC The analysis of Satoshi’s holdings is based on a distinct “Patoshi Pattern” in early Bitcoin mining activity. This pattern avoided mining consecutive blocks, ensuring network decentralization during its infancy. Despite Bitcoin’s meteoric rise in value, none of Satoshi’s coins have moved, fueling speculation about the founder’s identity and current status.   Read more: Who Is Satoshi Nakamoto, the Inventor of Bitcoin?   DeFi lending on Liquidium hits 4-month high as Bitcoin soars past $100K Source: https://liquidium.fi/   Liquidium’s decentralized lending platform recorded 21 BTC in loans on December 5, marking its highest single-day activity in four months. This surge coincides with Bitcoin’s record-breaking price of over $100,000. Liquidium continues to dominate the Bitcoin-based DeFi space with innovative features and high collateral usage. Runes-backed loans accounted for 57% of daily activity, contributing 12 BTC Ordinals-backed loans made up 43% of the volume, contributing 9 BTC The platform has processed over 63,000 loans since its inception These loans have a cumulative value of 3,378 BTC, worth over $337 million at current prices Runes serve as collateral for over 50 % of all loans on Liquidium Liquidium uses Discreet Log Contracts to ensure secure and transparent lending. The platform allows users to borrow Bitcoin against a variety of assets, including Runes, Ordinals, BRC-20 tokens, and Inscriptions. The native LIQUIDIUM token has risen 25 % in value over the past week, reflecting increased user activity.   Planned upgrades include an instant loan feature that removes lender countersignatures, simplifying access to funds. The Custom Loan V2 update will introduce a gallery-like interface, empowering borrowers and lenders to create and customize loan offers. These advancements aim to increase Liquidium’s user base and daily loan volume.   Conclusion Bitcoin’s surge past $100,000 has ignited a series of significant achievements in the crypto world. Liquidium’s lending volume hit a four-month high of 21 BTC in one day, bolstered by innovative features and rising user adoption. El Salvador’s Bitcoin portfolio has grown by over $333 million in unrealized gains, showcasing the nation’s strategic foresight. U.S. Bitcoin ETFs have surpassed Satoshi Nakamoto’s estimated 1.1 million BTC holdings, reflecting the increasing role of institutional investors in the ecosystem. These milestones highlight Bitcoin’s transformative power and its pivotal role in reshaping the global financial landscape.

On December 5, Bitcoin went through a roller coaster plunge, shedding nearly $303 million in long positions within minutes as its price briefly dropped below $93,000, only to stage a swift rebound, according to Cointelegraph.   Bitcoin is currently priced at $96,927 with a 1.17% decrease in the past 24 hours, while Ethereum trades at $3,785, down -1.39% over the same period. The futures market remains balanced, with a 50% long and 50% short position ratio. The Fear and Greed Index, a key measure of market sentiment, decreased from 84 (Extreme Greed) yesterday to 72 (Greed) today. President-elect Donald Trump’s nomination of pro-crypto advocate David Sacks to lead the U.S. government’s department of AI and Crypto signaling a potential shift toward more favorable regulations. Bitcoin crossed $100,000 for the first time on December 4, 2024 and MicroStrategy earned $16.8 billion in unrealized profits due to its bold Bitcoin investment strategy. Simultaneously Base recorded 8.8 million daily transactions and reached $3.6 billion in Total Value Locked (TVL). This article explores these milestones in detail.   What’s Trending in the Crypto Community?  Donald Trump posted a message on Truth Social celebrating Bitcoin breaking $100,000, quoting“CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!”. The total market value (TVL) of stablecoins surpassed $200 billion, hitting a record high. MicroStrategy  earned $16.8 billion in unrealized profits amid BTC breaking all time highs and crossing $100,000.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers    Trading Pair  24H Change SUI/USDT + 18.93% XRP/USDT + 0.67% WLD/USDT + 24.60%   Trade now on KuCoin   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   BTC’s Sudden 5% Price Drop and Recovery Caused $303M Longs to Liquidate Source: TradingView   Bitcoin’s price dropped 5.47% on December 5, 2024 falling from $98,338 to $92,957 in just five minutes between 10:23 am UTC and 10:28 am UTC. The drop wiped out $303.48 million in long positions within one hour contributing to $404 million liquidated in total over 24 hours. During the decline Bitcoin’s market capitalization fell by $200 billion briefly dropping below $1.92 trillion. Bitcoin rebounded to $96,410 shortly after stabilizing but stayed below its earlier peak of $98,338 and far from its all-time high of $104,000 reached one day earlier. Trading volumes surged to $21 billion during this period reflecting the market's heightened activity. The sharp correction underscored Bitcoin’s volatility but its recovery within minutes highlighted the asset's enduring resilience.   MicroStrategy Gains $16.8 Billion Profit from Bitcoin’s Surge to $100K Source: KuCoin December 4th BTC/USDT Chart 24Hrs   Bitcoin reached $100,000 yesterday driving a $16.8 billion unrealized profit for MicroStrategy. The company holds 402,100 Bitcoin purchased at an average price of $58,263 per coin. Its total acquisition cost was $23.4 billion. The current market value of its holdings has surged to $40.2 billion.   MicroStrategy financed these acquisitions using tens of billions in convertible stock offerings and corporate debt. Shareholders saw a 38.7% yield in November based on a method that divides Bitcoin holdings by total shares. This excludes obligations like debt conversion thresholds.   Michael Saylor, CEO of MicroStrategy now has a personal fortune of $9.2 billion. MicroStrategy’s market cap stands at $86 billion, more than double the $38.2 billion value of its Bitcoin. The stock price rose 480 % in 2024. Between November 18 and 24 the company purchased $5.4 billion worth of Bitcoin at $97862 per coin. Between November 25 and December 1 it bought 15400 Bitcoin for $1.5 billion.   Source: MSTR Tracker   MicroStrategy plans to raise $42 billion to acquire more Bitcoin. It seeks inclusion in the NASDAQ 100 index with a decision on December 13 and official listing on December 20 if approved.   Base Reaches All Time High at 8.8 Million Daily Transactions and $3.6 Billion TVL Source: GrowThePie | The Block   Base recorded 8.8 million daily transactions surpassing Arbitrum at 2.5 million and Optimism at 900,000. This positions Base as the leader in optimistic rollup networks. Base’s Total Value Locked reached $3.6 billion supported by $227 million in net inflows over seven days ending November 28. Solana reported $71 million in net inflows during the same period. Network fees on Base hit $766000 on November 28 the highest in three months. The Virtuals platform drives this activity. Virtuals enables users to create co-own and monetize AI agents across gaming entertainment and social media. AIXBT and LUNA are leading projects within this ecosystem.   Freysa AI attracted attention with its unique challenge. Freysa was programmed to resist monetary extraction but a user bypassed this and withdrew $47000 worth of cryptocurrency. The event drew 195 participants and 482 attempts. Query fees were incrementally introduced during the challenge creating a revenue model for AI-crypto interactions.   Donald Trump Appoints David Sacks to Lead AI and Crypto in the US David Sacks, former CEO of Yammer, speaks during Day 1 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 15, 2024. Source: REUTERS President-elect Donald Trump appointed David Sacks to oversee artificial intelligence and cryptocurrency policy. Sacks founder of Yammer and former PayPal COO will serve as the AI and Crypto Czar.   “In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness,” said Trump’s announcement on Truth Social.   Sacks will lead efforts to develop a regulatory framework for the cryptocurrency industry. He will also chair the Presidential Council of Advisors for Science and Technology. Trump highlighted the importance of AI and cryptocurrency for U.S. competitiveness.   The pro-crypto stance of Trump’s administration includes key appointments. Former SEC Commissioner Paul Atkins will assume leadership in January signaling a shift in regulatory direction.   Conclusion Bitcoin’s climb to $100,000 MicroStrategy’s $16.8 billion profit Base’s 8.8 million transactions and Trump’s focus on AI and crypto show the rapid evolution of digital assets. These developments highlight the power of strategic investments and the potential of blockchain and AI integration. MicroStrategy’s bold moves illustrate how cryptocurrency can generate massive profits. Base’s innovative network activity demonstrates Layer 2 scalability. Trump’s appointments suggest a pro-crypto regulatory shift. These trends will continue shaping the future of finance and technology.

Bitcoin is currently priced at $96,582, showing a modest 0.97% increase in the past 24 hours, while Ethereum trades at $3,614, down 0.79% over the same period. The futures market remains balanced, with a 49.2% long and 50.8% short position ratio. The Fear and Greed Index, a key measure of market sentiment, climbed from 76 (Greed) yesterday to 78 (Extreme Greed) today.   Despite South Korea’s declaration of martial law on December 3 briefly pushing Bitcoin to $95,692 and Ethereum to $3,643.90, both assets rebounded after the lift of the martial law, with Bitcoin up 2.4% and Ethereum gaining 3.3%. Other assets saw significant moves, with Tron surging 80% to $0.40, Cardano climbing 275% to $1.20, and XRP rising 200% to $2.84 over the past 30 days. In South Korea, XRP trading volume hit $6.3 billion, while Dogecoin and Stellar reached $1.6 billion and $1.3 billion, respectively.   What’s Trending in the Crypto Community?  On Upbit, Bitcoin faced a sharp negative premium, plunging by 30% following the President’s declaration of martial law. However, just six hours later, the emergency martial law was lifted, allowing BTC and ETH to recover swiftly. Tron and a few other altcoins surges 80% in 24 hours amid the volatility.  Meanwhile, Vitalik Buterin published an insightful article detailing a blueprint for building the ideal crypto wallets. His vision emphasizes cross-layer-2 (L2) transactions and robust privacy protection, setting the stage for a new era of user-friendly and secure crypto tools. Pump.fun's November revenue hit a record high of $93.88 million. Virgin Cruises announced it would become the first cruise company to accept BTC payments. BlackRock's spot Bitcoin ETF assets under management exceeded 500,000 BTC.   Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers    Trading Pair  24H Change TRX/USDT + 67.26% XRP/USDT - 6.32% ADA/USDT - 6.18%   Trade now on KuCoin   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Crypto Markets Rebound as South Korea Reverses Martial Law Source: KuCoin 1 Day BTC/USDT chart   The global cryptocurrency market experienced a rollercoaster ride as South Korea grappled with a dramatic political crisis. President Yoon Suk-yeol declared martial law, only to rescind it six hours later following overwhelming opposition from lawmakers. This turmoil caused sharp fluctuations in crypto prices, underscoring the market’s sensitivity to geopolitical developments.   Bitcoin and Altcoins Rebound After Martial Law-Induced Dip The unexpected declaration of martial law in South Korea caused immediate turbulence in the cryptocurrency market. Following the announcement, Bitcoin dropped sharply to $95,692, Ethereum fell to $3,643.90, and XRP slid to $2.54, sparking concern among investors. However, swift action to reverse the decision led to a rapid recovery across major assets, with Bitcoin rebounding by 2.4%, Ethereum gaining 3.3%, and XRP surging by 9.2%, according to CoinMarketCap.   South Korea's active retail trading community played a pivotal role in stabilizing the market. Trading volumes on December 2nd reached their second-highest level of the year, driven by heightened activity in assets like XRP, which recorded $6.3 billion in volume. Dogecoin and Stellar also saw significant traction, with volumes of $1.6 billion and $1.3 billion, respectively. Emerging tokens like Ethereum Name Service and Hedera contributed to the day’s dynamic activity as traders leveraged the volatility to reposition.   Tron Surges 80% Amid Market Chaos Due to Martial Law Source: KuCoin 1 Day TRX/USDT chart   During the political turmoil, Tron (TRX) rallied 80%, climbing to $0.40 after briefly hitting $0.43. Analysts pointed to the token’s role as a fast transfer mechanism during exchange disruptions.   “The recent rally in Tron (TRX) appears to be partly driven by political instability in South Korea,” said Rachael Lucas, crypto analyst at BTC Markets. “TRX’s role as a widely used transfer token between exchanges, especially in South Korea, makes it a tool for traders looking to move funds across platforms quickly.”   Lucas added that trading restrictions on Upbit and Bithumb, which control over 80% of South Korea’s spot trade volume, likely drove traders to seek alternatives.   “It seems that during martial law, all of crypto is moving out to foreign exchanges as South Korean exchanges blew up,” a user on X wrote.   Min Jung, an analyst at Presto Research, suggested other factors contributed to the rally. “It could also be part of a broader 'Dino rotation,' where legacy cryptocurrencies like $XRP have been rallying under current market conditions,” she said.   Speculation around Justin Sun, Tron’s founder, also fueled debates. “Rumors suggest that a significant portion of $TRX's supply is controlled by Justin Sun, raising questions about whether the rally is organic or influenced,” Jung noted.   Altcoins Cardano and XRP Outperform Bitcoin in the Past 30 Days Source: KuCoin   While Bitcoin approached $100,000, Cardano (ADA) and XRP outperformed it with gains of 275% and 200% over 30 days. ADA climbed above $1.20, driven by ecosystem upgrades and regulatory optimism. XRP reached $2.84, its highest value in seven years.   XRP Price Chart | Source: KuCoin   “Cardano’s focus on scalability and interoperability is finally paying off,” an analyst noted. “Its technical advancements, such as Hydra and Mithril, have created a robust platform that appeals to institutional and retail investors.”   XRP’s surge was fueled by reduced reserve fees and partnerships with financial institutions. Ripple introduced tokenized money market funds and prepared to launch RLUSD, its stablecoin, which received regulatory approval in New York.   Bitcoin and Altcoins Rebound After Martial Law-Triggered Dip The resignation of SEC Chair Gary Gensler and the U.S. presidential election have bolstered market confidence. Many expect the incoming administration to adopt a crypto-friendly stance. This optimism, combined with ongoing technical advancements, has positioned altcoins for growth.   Ripple’s commitment to stability was evident in its decision to relock 770 million XRP tokens for another five years. The company’s moves signal confidence in XRP’s long-term value. The Relative Strength Index (RSI) stands at 91.47. An RSI above 70 signals overbought conditions, often hinting at a potential market adjustment. A retracement could bring XRP's price to around $1.79. If buying pressure persists, XRP could target $3, depending on overall market trends.   Read More: What Is Altcoin Season (Altseason), and How to Trade Altcoins?   Conclusion The past week underscored the intricate relationship between politics, regulation, and market behavior. South Korea’s political crisis and regulatory shifts in the U.S. created opportunities for altcoins like Cardano and XRP to outperform Bitcoin. These events demonstrate the resilience of blockchain projects and their potential to thrive in an evolving landscape. As the crypto market matures, investor focus is shifting toward assets that combine innovation with practical utility.

Bitcoin is currently priced at $95,826 with -1.4% decrease from the last 24 hours, while Ethereum is at $3,643, up by -1.76% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.7% long versus 51.3% short positions. The Fear and Greed Index, which measures market sentiment, was at 80 yesterday and is at the Extreme Greed level at 76 today. The cryptocurrency market continues to push boundaries with XRP  achieving a market cap of $150 billion to become the third-largest cryptocurrency. Ethereum investment products shattered records with $2.2 billion in annual inflows. Ripple’s RLUSD stablecoin is also on the brink of approval, adding momentum to XRP ’s rise. This is a defining moment for digital assets as major players gain traction and set new benchmarks.   What’s Trending in Crypto?  MicroStrategy buys another 15,400 BTC at an average price of $95,976 per coin. U.S. government address transfers 19,800 BTC, approximately $1.92 billion and 10,000 BTC flowed into Coinbase. Crypto market spot trading volume in November reached $2.7 trillion, the highest since May 2021. WisdomTree Targets XRP with new ETF proposal.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change XRP/USDT +14.16% HBAR/USDT +55.20% ONDO/USDT +36.95%   Trade now on KuCoin   Read More: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   XRP Takes Third Place in Crypto with $150 Billion Market Cap Top five coins by market capitalization as of Dec. 2. Source: CoinGecko   XRP ’s rise to $2.72 marks a new chapter in its journey. This price surge brought its market cap to $150 billion, overtaking Tether and Solana. The token's value soared past $2 on December 1, 2024, a feat achieved only once since January 2018. Analysts project that XRP’s momentum could push it toward $3.15 in the coming days.   Source: KuCoin   XRP has entered a new chapter in its journey, with its price surging to $2.72, bringing its market cap to $150 billion—surpassing Tether and Solana. This rise marks a significant milestone, as XRP's value exceeded $2 on December 1, 2024, a level not seen since January 2018. Over the past week, XRP has gained nearly 50%, with a 21% increase in just 24 hours. Analysts predict that its momentum could propel the token toward $3.15 in the coming days. In addition to the price surge, XRP derivatives saw a 30% spike in open interest, reaching $4 billion in a single day, while exchange inflows hit $256 million within three days.   Market activity indicates strong participation from whales and institutional players. However, CryptoQuant data warns that significant inflows to exchanges and leveraged positions could lead to corrections. Historical patterns suggest a potential 17% price decline under these conditions.   Source: CryptoQuant   XRP Price Prediction and Market Outlook XRP’s trajectory suggests a strong push toward $3.15. Analysts cite several factors supporting this prediction:   Bullish Sentiment: 66.5% of traders hold long positions on XRP. Price Action: Breakout above $2 indicates potential for continued upward momentum. Resistance Levels: Next targets at $3 and $3.15 based on historical price trends. Source: XRP Resistance Levels TradingView   However, whales and institutions have moved $256 million of XRP to exchanges, signaling potential sell-offs. This could trigger temporary corrections, creating opportunities for disciplined investors to enter.   Ripple’s RLUSD Stablecoin Fuels Optimism Ripple’s RLUSD stablecoin is at the center of XRP’s recent surge. Reports indicate that the New York Department of Financial Services may approve RLUSD by December 4. This stablecoin is part of Ripple’s strategy to revolutionize cross-border payments with faster, energy-efficient solutions.   Regulatory developments add to the optimism. SEC Chair Gary Gensler’s departure in January, coupled with the Trump administration's pro-crypto stance, raises the likelihood that the SEC will drop its appeal against Ripple. This could resolve a legal battle that has overshadowed XRP since 2020.   WisdomTree Targets XRP with New ETF Proposal Source: X   WisdomTree has filed for the creation of the WisdomTree XRP Fund as the token’s value soars. The firm manages $77.2 billion in assets and operates 79 ETFs globally. WisdomTree’s move signals growing confidence in XRP’s market potential. If approved, this ETF could attract significant institutional investment, further solidifying XRP’s position.   Crypto ETF applications are increasing following Donald Trump’s election. Ripple’s ongoing success has renewed interest in XRP as a viable digital asset for institutional portfolios. WisdomTree’s proposal aligns with a broader industry push for crypto ETFs based on alternative tokens like Solana and HBAR.   Ethereum ETF Products Shatter Records with $634m Inflows Ethereum-based investment products attracted $634 million in inflows last week, pushing annual inflows to $2.2 billion. This surpasses the $2 billion record set in 2021. Spot Ethereum ETFs in the U.S. led the charge, contributing $466.5 million in a single week despite the holiday slowdown.   “For the first time, Ethereum outpaced Bitcoin in inflows at these high levels. Ethereum’s performance reflects renewed investor interest, with a 47.15% monthly gain, nearing its ETF announcement peak of $4,095,” BRN analyst Valentin Fournier wrote.   “The global crypto market cap has risen by 72% since the U.S. election to $3.43 trillion, outpacing the growth of Bitcoin and Ethereum,” Fournier continued. “This suggests early signs of an alt-season.”   Ethereum By the Numbers Monthly Gain: Ethereum climbed 47.15% in November nearing its peak of $4,095. Spot ETF Inflows: $1.1 billion since the U.S. election. Total Assets Under Management: $11 billion across Ethereum-focused products. Inflow Comparison: Ethereum outpaced Bitcoin with $332.9 million vs. $320 million in recent weekly inflows. Analysts highlight several catalysts for Ethereum’s rise, including improved demand-supply dynamics, staking yield approvals, and its leading role in the altcoin resurgence. Ethereum’s performance positions it as a key asset during this bullish phase.   Source: The Block   Conclusion XRP’s rise to the third-largest cryptocurrency underscores its growing influence in the market. With a $150 billion market cap and price surging past $2.72, XRP is capitalizing on regulatory optimism and institutional interest. Ethereum’s record-breaking inflows further highlight the evolving crypto landscape. Ripple’s RLUSD stablecoin approval could provide additional momentum, reinforcing XRP’s position. As market dynamics evolve, heightened volatility is expected during the Christmas season.   Read more: December 2024 Token Unlocks Could Have a $5 Billion Impact on the Crypto Market