$NKN strong recovery 🙈

The pump is programmed 🚀

In November, stablecoins drove more onchain value transfer than ETH and BTC. That month, there was ~$914B of Stablecoin transfer volume, ~$869B of BTC transfer volume, and ~$155B of ETH transfer volume.

📊 Market Overview:

BTC : $29843
ETH : $1891.44
BNB : $244.68

⚡️ Dominance :

BTC : 46.55 %
ETH : 18.26 %
Stables : 8.88 %

📈 Market Cap :

Total : 1.25T
DeFi : 49.34B
24hr Vol : 39.45B

🇺🇸 US Congressman Ritchie Torres has asked SEC Chairman Gary Gensler to stop his attack on crypto, saying cryptocurrencies are not securities.

📁 Important upcoming crypto events.

The dominant cryptocurrency rose as much as 3.9% to $36,990 on Thursday. That’s the highest since May 5, 2022 — just before the TerraUSD stablecoin collapsed and ignited a daisy chain of failures across the cryptoasset space. Bitcoin completed its full recovery from that debacle almost exactly to the year after the rout reached its nadir when Sam Bankman-Fried’s exchange FTX filed for bankruptcy.

Daily NFT trading volume reached a three-month high on Monday, totaling $19.1 million. The surge in trading activity was partly driven by Wylie "Gordon Goner" Aronow, co-founder of the Bored Ape Yacht Club (BAYC), who made a significant purchase of a CryptoPunks NFT.
Aronow acquired CryptoPunk #7458 for 600 ETH ($1.1 million) on the secondary market, marking the largest purchase of the day. Yuga Labs, the creator of BAYC, acquired the intellectual property of CryptoPunks in March 2022.

Several ex-Cantor Fitzgerald executives started a crypto lending platform with the expectation that it will serve operators of spot Bitcoin exchange-traded funds once they gain US regulatory approval.

Transaction volume for Bitcoin-based assets traded on the Ordinals platform increased to its highest level since May. According to the Dune dashboard of on-chain data researcher Domo, around $14.7 million in Bitcoin-based assets were traded. Ordinals, a protocol introduced earlier this year, enables the development of NFT-like assets on the Bitcoin blockchain, allowing users to assign data to individual satoshis.

🚨 Investment giant Vanguard, which manages over $7 trillion in assets, is currently restricting access to Spot Bitcoin ETFs. This decision stands in contrast to the growing trend of BTC adoption in the traditional financial sector.

https://www.btctimes.com/news/vanguard-reportedly-limits-client-access-to-spot-bitcoin-etfs

JUST IN: 🇲🇼 Bondo, a cluster of villages in a remote region of Malawi, is supplied with electricityfor the first time thanks to Bitcoin mining ⚡️

3 micro-hydro turbines were installed, taking advantage of the region’s rainfall to supply 1,800 homes with their own mini-grid 💪

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