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5 must-read articles in the evening
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2024-12-02 20:02 2,120
1. Can XRP still get on the train after rising 400% in a single month?

On December 2, the market value of XRP surpassed USDT and Solana, ranking third in the cryptocurrency market value list, and even surpassed Pinduoduo rose to 138th among global mainstream assets. As XRP rose above $2, it also successfully set a new high since April 2021. On the eve of XRP's takeoff, Ripple CEO said that Trump has brought new hope to the encryption industry, and XRP may usher in a turn for the better. To the surprise of many investors, this turn of events happened quickly and violently, with the price of XRP rising by 400% in the past month. But with such a high increase, can I still get XRP now? Click to read

2. The risk of US dollar collapse intensifies. Is BTC standing at a financial crossroads a savior?

Scholars debate whether it was Mahatma Gandhi who first said: "First they ignore you, then they laugh at you, then they fight you, and then you win." Indisputable What’s interesting is that Bitcoin advocates have adopted this motto as their own. Click to read

3. Ripple and XRP: Crypto-driven and decentralized challenges

Ripple's native token XRP has once again attracted the attention of the global encryption market. The price of XRP has risen rapidly in recent days, reaching US$2.42 per coin, and its market value has exceeded US$137 billion, making it the third largest crypto asset in the world by market value. Click to read

4. Why did Coinbase stop the USDC reward program for European users?

Effective December 1, Coinbase will officially cease its USDC reward program in the European Economic Area. As the world's leading cryptocurrency trading platform, this decision has triggered widespread attention and discussion. The reason behind this is not simple. This is not only the adjustment of the company's internal strategy, but more importantly, the response and adaptation to the emerging crypto asset market regulatory system. This article will explore the underlying motivations for Coinbase to discontinue the USDC reward program from a compliance perspective, combined with the impact of the European Market Cryptoassets Act (MiCA). Click to read

5. Doubling is just the ignition stage of the copycat season

After continuously setting price ATH, Bitcoin ushered in a clear profit divergence in this bull market in November Point: On the one hand, MSTR, the Wall Street vest, went crazy and purchased a total of 12 billion US dollars of Bitcoin; on the other hand, long-term investors who have held the currency for more than 6 months continued to sell Bitcoin at a rate of 25,600 coins per day. The last time the long-short divergence point appeared, Bitcoin entered a five-month period of shock, and the currency price also fell back from a maximum of $73,700 to $49,000. Therefore, long-term investmentInvestors' reduction in holdings also triggered market concerns about adjustments. Click to read

Keywords: Bitcoin
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