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π Breaking: Worldβs Most Expensive Banana Eaten! π
Justin Sun ate the infamous banana from the βComedianβ installation, for which he paid a whopping $6.2 million.
Art or snack? You decide. Either way, thatβs one very expensive piece of fruit! π
Justin Sun ate the infamous banana from the βComedianβ installation, for which he paid a whopping $6.2 million.
Art or snack? You decide. Either way, thatβs one very expensive piece of fruit! π
π15π3π€ͺ3π₯1
Crypto soothsayer
π When in doubt, double the supply! Yesterday, Binance announced the delisting of several cryptocurrencies, including Gifto (GFT). Instead of panicking, the Gifto team pulled a bold move β they minted an extra 1.2 billion tokens, effectively doubling theβ¦
π€ Gifto Blames Hackers for Token Dump!
Gifto is trying to clear its name, claiming that hackers minted and dumped millions of $GFT tokens.
However, blockchain analyst ZachXBT isnβt buying it, calling the timing βhighly suspicious.β π΅οΈββοΈ
Was it really a hack, or just a convenient excuse? The crypto community remains skeptical. π
Gifto is trying to clear its name, claiming that hackers minted and dumped millions of $GFT tokens.
However, blockchain analyst ZachXBT isnβt buying it, calling the timing βhighly suspicious.β π΅οΈββοΈ
Was it really a hack, or just a convenient excuse? The crypto community remains skeptical. π
π9πΎ1
π Bitcoin to $124K Before 2024 Ends? ARK Invest Weighs In
πBitcoin might hit $104Kβ$124K by year-end, according to ARK Investβs David Puell, who sees the market about 55%-65% through the current bull cycle. π§
π On-chain metrics suggest a potential peak near $126Kβ$134K, though these could rise if momentum accelerates.
πBitcoin might hit $104Kβ$124K by year-end, according to ARK Investβs David Puell, who sees the market about 55%-65% through the current bull cycle. π§
π On-chain metrics suggest a potential peak near $126Kβ$134K, though these could rise if momentum accelerates.
π₯8π3
π° Bitcoin ETFs in the US have attracted $6.2 billion in net inflows this November, setting a new record as Bitcoin surged near $100,000, fueled by optimism around President-elect Trumpβs pro-crypto agenda. π₯
Funds from BlackRock, Fidelity, and others surpassed the February peak of $6 billion ahead of the launch of Bitcoin ETFs.
Bitcoin currently trades at $96,400, more than doubling this year.π
Funds from BlackRock, Fidelity, and others surpassed the February peak of $6 billion ahead of the launch of Bitcoin ETFs.
Bitcoin currently trades at $96,400, more than doubling this year.π
π₯9
π IntoTheBlock highlights that Bitcoin's volatility remains moderate despite its price surge to nearly $100,000.
This challenges the common criticism of its potential as a store of value. π
This challenges the common criticism of its potential as a store of value. π
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π USDT has significantly increased its dominance in the stablecoin market compared to 2022 (72% vs. 50%).
Additionally, the pace of minting new tokens matches the levels seen during the 2021 bull market. Since November, $13 billion has been minted, with a $3 billion increase just last week. π
Additionally, the pace of minting new tokens matches the levels seen during the 2021 bull market. Since November, $13 billion has been minted, with a $3 billion increase just last week. π
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π XRP Nears Previous Bull Market Highs!
XRP surged to $1.95, just shy of its last bull market peak of $1.9669 (Binance).
The rally is impressive:
βͺοΈ+13.5% in the past 24 hours.
βͺοΈ+262% over the past month!
While the all-time high remains above $3 from April 2018, XRP's current momentum shows its bullish spirit is alive and well. π Will it break new records soon? π
XRP surged to $1.95, just shy of its last bull market peak of $1.9669 (Binance).
The rally is impressive:
βͺοΈ+13.5% in the past 24 hours.
βͺοΈ+262% over the past month!
While the all-time high remains above $3 from April 2018, XRP's current momentum shows its bullish spirit is alive and well. π Will it break new records soon? π
π20β€1
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And once again about Bitcoin's complicated relationship with $100,000 π
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π XRPβs Phenomenal Surge: $2.5 Milestone!
XRP has skyrocketed, reaching nearly $2.5 on Binance, and overtaking Solana in market cap, solidifying its position in the crypto market. π°
However, after last nightβs rally, XRP, alongside Bitcoin and the broader crypto market, is now undergoing a correction. π
XRP has skyrocketed, reaching nearly $2.5 on Binance, and overtaking Solana in market cap, solidifying its position in the crypto market. π°
However, after last nightβs rally, XRP, alongside Bitcoin and the broader crypto market, is now undergoing a correction. π
π₯10π3
Bitcoin surged by 37% in November, while Ethereum outpaced it with an impressive 47% growth during the same period! π
π Both leading cryptos continue to show strong momentum as the market heats up. Will the trend carry into December? Stay tuned! π
π Both leading cryptos continue to show strong momentum as the market heats up. Will the trend carry into December? Stay tuned! π
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π«£ Will Trump Bring Back CZ as Binance CEO?
π Rumors on Twitter suggest a potential pardon for CZ and his return as Binance's CEO.
CZ responded, saying heβs not planning to retake the CEO role but wouldnβt mind the pardon.
π£ Would you want to see him back as CEO? Seems like one round was enough for him. π
π Rumors on Twitter suggest a potential pardon for CZ and his return as Binance's CEO.
CZ responded, saying heβs not planning to retake the CEO role but wouldnβt mind the pardon.
π£ Would you want to see him back as CEO? Seems like one round was enough for him. π
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β© Airdrop in Japanese Style
π Metaplanet announced it will distribute Bitcoin worth 30 million yen among some of its shareholders as part of a reward program.
Now the real question is: how do we become shareholders? ππΈ
π Metaplanet announced it will distribute Bitcoin worth 30 million yen among some of its shareholders as part of a reward program.
Now the real question is: how do we become shareholders? ππΈ
π€17π1π1
π Crypto Spot Trading Hits $2.7 Trillion in November!
In November 2024, spot trading volume on cryptocurrency exchanges reached $2.7 trillion, marking the highest level since May 2021.
π₯ Leading the pack was Binance, handling nearly $1 trillion, which accounted for 36% of the monthβs total volume.
The market is heating upβare you ready for whatβs next? ππ
In November 2024, spot trading volume on cryptocurrency exchanges reached $2.7 trillion, marking the highest level since May 2021.
π₯ Leading the pack was Binance, handling nearly $1 trillion, which accounted for 36% of the monthβs total volume.
The market is heating upβare you ready for whatβs next? ππ
π11π₯4
πΈ Bitcoin Drops to $95K, Saylor Buys More!
While Bitcoin dipped to $95,000, Michael Saylor didnβt flinchβMicroStrategy snagged 15,400 BTC for ~$1.5B at an average price of ~$95,976 per coin.
π As of 02.12.2024, the company now holds 402,100 BTC worth ~$23.4B, with an average cost of ~$58,263 per BTC.
Saylorβs strategy? Keep stacking bitcoins no matter what! π
While Bitcoin dipped to $95,000, Michael Saylor didnβt flinchβMicroStrategy snagged 15,400 BTC for ~$1.5B at an average price of ~$95,976 per coin.
π As of 02.12.2024, the company now holds 402,100 BTC worth ~$23.4B, with an average cost of ~$58,263 per BTC.
Saylorβs strategy? Keep stacking bitcoins no matter what! π
π€―15π2β€1π±1π1
Crypto soothsayer
π° MARA Plans $700M Bond Issue to Buy More Bitcoin π¨ The largest U.S. mining company, MARA (formerly Marathon Digital), is issuing $700M in bonds maturing in 2030, targeting institutional investors. Up to $200M will repurchase previous bonds, with the restβ¦
π¨ The largest mining company in the US, Marathon Digital (MARA), will issue bonds worth up to $805 M, part of which will be used to purchase BTC. π°
As a reminder, in November, the total number of coins acquired by the company reached 6,474 BTC.
As a reminder, in November, the total number of coins acquired by the company reached 6,474 BTC.
π12β€3