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▌9,584 ETH was transferred from an unknown wallet to Coinbase, equivalent to approximately US$34 million
According to the chain Data tracking service Whale Alert monitored that around 7:10 am Beijing time, 9,584 ETH ($34,448,421) was transferred from an unknown wallet to Coinbase.
▌A dormant address containing 429 BTC was activated after 10.9 years, worth more than 41 million USD
According to on-chain data tracking service Whale Alert, a dormant address containing 429 BTC ($41,707,628) has just been activated after 10.9 years.
Quotes
As of press time, according to Coingecko data:
BTC’s recent transactions The price is US$96,842.76, with an intraday increase or decrease of +1.2%;
ETH’s recent transaction price was US$3,598.89, with an intraday increase or decrease of +1.1%;
BNB’s recent transaction price was US$650.79, with an intraday increase or decrease of -0.3% ;
SOL’s recent transaction price was US$240.72, with an intraday increase or decrease of +1.5%;
DOGE's recent transaction price was 0.4205 yuan, with an intraday increase or decrease of +4.8%;
XPR's recent transaction price was 1.83 US dollars, The intraday increase or decrease was +18.7%.
▌Stand With Crypto: There are currently 276 members of the House of Representatives who support cryptocurrency
Stand With Crypto, a crypto advocacy group led by Coinbase, said there are currently 276 members of the U.S. House of Representatives who support cryptocurrency. It is reported that the U.S. House of Representatives and the U.S. Senate constitute the two houses of the U.S. Congress. The House of Representatives has 435 members, each of whomThe number of state legislators is determined based on population. The advocacy group said the crypto industry wants to see Trump's regulators adopt looser regulatory measures, and they also plan to push Congress to establish a new framework to help cryptocurrencies become a more important part of the financial system.
Blockchain Applications
▌Curve cooperates with Elixir to introduce BlackRock’s BUIDL to DeFi
Decentralized exchange Curve said on November 29 that it has partnered with blockchain network Elixir to expand the BlackRock Tokenized Money Market Fund (BUIDL) into decentralized finance (DeFi) access rights. Token holders will soon be able to mint Elixer’s yield stablecoin deUSD using BlackRock’s BUIDL, Curve says: “Institutional Real World Assets (RWA) of up to $1 billion can now mint deUSD, a yield-generating stablecoin,” Curve said. ”
▌Ripple is expected to receive approval from the New York Department of Financial Services to issue stablecoin RLUSD or launch on December 4th
< p style="text-align: left;">According to FOX Business, New York’s top cryptocurrency regulator – the New York Department of Financial Services (NYDFS) – is about to approve a new stablecoin RLUSD issued by cross-border payments company Ripple. The New York Department of Financial Services has informed Ripple that it will approve the product, which the company plans to launch on December 4, people familiar with the matter said. If approved, Ripple will be able to legally offer RLUSD to the public, making it a major player in New York’s regulated digital finance market and the broader stablecoin ecosystem. The move will also align Ripple with other well-known U.S. stablecoin issuances. Direct competition with existing vendors such as Circle, Paxos and Gemini.Cryptocurrency
▌CryptoQuant: Based on Bitcoin’s realized price valuation, its maximum price target is $146,000
CryptoQuant stated on the X platform that based on Bitcoin’s Realized Price Valuation, its highest price target is $146,000. This price range has historically marked cycle tops, such as April-May 2021. Note: Realized price valuation (Realized Price Valuation) is an important indicator used to evaluate the value of cryptocurrencies, especially Bitcoin. It reflects the “real cost” of all Bitcoins in the market by calculating the price at which each Bitcoin was last traded.
▌The transaction volume of the Indonesian crypto market has exceeded US$30 billion this year, a year-on-year increase of 350%
Between January and October 2024, the Indonesian cryptocurrency market transaction volume exceeded US$30 billion, a year-on-year increase of 350%, setting the highest total since the 2021 bull market. According to Chainalysis’ Global Cryptocurrency Adoption Index, Indonesia and the Oceania/Asia market remain the regions with the highest cryptocurrency adoption rates globally, with seven of the top 10 coming from the region.
▌The net inflow of FBTC yesterday was US$106.1 million
According to Bloomberg terminal data, the net inflow of FBTC yesterday was US$106.1 million.
▌A total of 10,271 ETH flowed into the Grayscale Ethereum Mini Trust Fund in the past half hour
According to Arkham monitoring data, a total of 10,271 ETH flowed from the Coinbase Prime hot wallet address into the Grayscale Ethereum Mini Trust Fund in the past half hour, worth $37.29 million.
300 million USDT transferred from Tether Treasury to Kraken
According to on-chain data tracking service Whale Alert monitors that at around 7:42 am Beijing time, 300,000,000 USDT ($300,232,678) was transferred from Tether Treasury to Kraken.
Important economic news
▌U.S. stocks closed early, with the Nasdaq rising 0.83%
U.S. stocks closed early, with the Dow Jones Industrial Average initially closing up 192 points, the S&P 500 Index up 0.57%, and the Nasdaq Composite Index up 0.83%.
▌Societe Generale: The Federal Reserve will continue to cut interest rates, leading to a decline in short-term interest rates, while tariffs and fiscal deficits will push up long-term interest rates.Rate
Societe Generale predicts that by the end of 2025, the 10-year U.S. Treasury yield will rise to 4.5%, while the 2-year U.S. Treasury yield will fall to 3.5%. The reason is that the Fed will continue to cut interest rates, which will lower short-term interest rates, but will also increase demand for long-term Treasury bonds by stimulating the economy and increasing fiscal deficits, causing long-term yields to rise. In addition, Trump's tariff plan may push up inflation expectations, and the United States is expected to increase the issuance of government bonds in order to cope with the fiscal deficit, both of which will push up yields.
Golden Encyclopedia
▌What is an airdrop?
Airdrops are the cryptocurrency equivalent of surprise gifts. Imagine opening a box and finding coins inside! This is similar to receiving an announcement about free tokens or tokens from a new blockchain project. Crypto airdrops involve the distribution of digital assets into users’ wallets for free or in exchange for completing simple tasks, such as following a project on social media or joining their online community.
In the crypto ecosystem, airdrops play a vital role. New projects use airdrops as a marketing strategy to increase awareness and build a user base. They are like free samples in the supermarket, enticing users to try new products. From a user perspective, airdrops provide an opportunity to acquire new cryptocurrencies with minimal effort and the potential for huge gains. These tokens are more than just freebies, they are a way to participate in the growing digital economy.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.