📈 The number of posts on the social network X mentioning ETH has increased by 282% over the past 3 days.

The total market capitalization of public mining companies has exceeded $40 billion! 💰

This figure has doubled over the past 7 months amid the rise of the first cryptocurrency. 📈

🚀 Bitcoin Nears $98,000—On Its Way to Overtake Google?

📊 To surpass Google’s market cap, Bitcoin needs to hit $105,000—assuming Google’s valuation remains unchanged. 🧐

While Bitcoin was struggling to reclaim the $99,000 mark (spoiler: it didn't make it 😁), XRP surpassed BNB in market capitalization, securing the fifth spot among cryptocurrencies! 📈

📊 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. 🚀

🚀 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:

▪️+13.5% in the past 24 hours.
▪️+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. 🌟 Will it break new records soon? 👀

And once again about Bitcoin's complicated relationship with $100,000 😂

🚀 XRP’s 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. 💰

However, after last night’s rally, XRP, alongside Bitcoin and the broader crypto market, is now undergoing a correction. 📉

🫣 Will Trump Bring Back CZ as Binance CEO?

👀 Rumors on Twitter suggest a potential pardon for CZ and his return as Binance's CEO.

CZ responded, saying he’s not planning to retake the CEO role but wouldn’t mind the pardon.

🗣 Would you want to see him back as CEO? Seems like one round was enough for him. 😅

📊 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.

🔥 Leading the pack was Binance, handling nearly $1 trillion, which accounted for 36% of the month’s total volume.

The market is heating up—are you ready for what’s next? 🚀📈

💸 Bitcoin Drops to $95K, Saylor Buys More!

While Bitcoin dipped to $95,000, Michael Saylor didn’t flinch—MicroStrategy snagged 15,400 BTC for ~$1.5B at an average price of ~$95,976 per coin.

📊 As of 02.12.2024, the company now holds 402,100 BTC worth ~$23.4B, with an average cost of ~$58,263 per BTC.

Saylor’s strategy? Keep stacking bitcoins no matter what! 🚀

🔨 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. 💰

As a reminder, in November, the total number of coins acquired by the company reached 6,474 BTC.

⚠️ Another Binance Anomaly: STG Crash and Recovery

Earlier today, the STG/USDT pair on Binance experienced a sudden drop to $0.0525.

🚀 However, the price quickly recovered and is now trading around $0.39 USDT.

A glitch, a whale, or just the usual market chaos? Stay cautious! 💹

🚀 XRP Rockets Towards ATH!

The XRP engine keeps firing, and if this momentum holds for a day or two, there’s a strong chance to break its 2018 ATH of $3.30.

🐋 Over the weekend, Ripple whales snapped up 160M XRP worth $380M!

Will the bulls push it to new heights? Stay tuned! 📈🌟

💥 Stablecoins Losing Ground!

Yesterday, XRP pushed USDT down from the #3 spot in the crypto rankings, and today it’s Cardano’s (ADA) turn to overtake USDC in market cap. 🤷

📉 USDC now trails behind ADA as the stablecoin shuffle continues. Will this trend hold? 🐂📈

💼 Did the US Just Sell 19,800 BTC?

🇺🇸 Last night, the US government transferred 19,800 BTC ($1.92B) from its wallet to a Coinbase Prime address, sparking FUD and a 3% BTC price drop (now ~$95,600).

Reactions:

🚀 Jason Lowery (US Space Force officer) called it a massive strategic mistake:

"This is a huge strategic mistake. There is no price where it makes sense for the US to sell any Bitcoin it has under its control. They have no idea what they own, and it shows."

Brian Armstrong, Coinbase CEO, agrees.

🧐 But not everyone is convinced:

Gabor Gurbacs, PointsVille Founder:

"It's not guaranteed they will sell. I haven't seen any official auction information yet"

Sell-off or precautionary move? The debate continues! 🌐💰

Ki Young Ju, CEO of CryptoQuant, believes this alt season will be tough and unpredictable due to a lack of fresh liquidity in the market. 🧐

💡 Key points:

▪️Bitcoin has built a "paper-based" Layer 2 ecosystem (ETFs, MSTR, funds), drawing liquidity away from altcoins.

▪️Altcoins have two options:

1️⃣ Create their own "paper-based" ecosystems.
2️⃣ Develop real internet money infrastructure using stablecoins or BTC.

📌 Investor tip: Look for coins capable of achieving one of these paths and hold them long-term.

This season won’t be easy—pick wisely! 🌐📊