Planet Daily | The US government marked the transfer of about 19,800 BTC, worth $1.92 billion; Feds Williams: The Fed is
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The probability of the Fed cutting interest rates by 25 basis points in December has risen to 74.5%.
According to CMEs Fed Watch, the probability that the Fed will maintain the current interest rate unchanged by December is 25.5%, and the probability of a cumulative interest rate cut of 25 basis points is 74.5%. The probability of maintaining the current interest rate unchanged by January next year is 20.6%, the probability of a cumulative interest rate cut of 25 basis points is 65.1%, and the probability of a cumulative interest rate cut of 50 basis points is 14.3%.
Feds Williams: Expect the Fed to cut interest rates further
New York Fed President John Williams said on Monday that the Federal Reserve may further lower its interest rate target as inflation pressures continue to cool. Monetary policy remains in a restrictive range to support a sustainable return to the 2% target for inflation, Williams said in a speech at a meeting of the Queens Chamber of Commerce in New York. Looking ahead, I expect that it will be appropriate to continue to move to a more neutral policy setting over time, Williams said, and the policy path will depend on the data. If we have learned anything over the past five years, it is that the outlook remains highly uncertain. Williams did not give clear guidance on the timing of a rate cut or whether he thinks the Fed will lower its interest rate target at this months FOMC meeting.
The US government marked the transfer of about 19,800 BTC worth $1.92 billion
According to Onchain Lens monitoring, the US government marked addresses to transfer approximately 19,800 BTC worth US$1.92 billion.
The US government currently holds 188,309 BTC, worth approximately US$18.24 billion.
10,000 of the 19,800 BTC transferred from addresses marked by the US government flowed into Coinbase
According to Arkham data, after the 19,800 BTC transferred from the US governments marked address flowed into new wallets, 10,000 BTC (about US$968 million) were transferred to Coinbase.
Crypto market spot trading volume reached $2.7 trillion in November, the highest since May 2021
The spot торговля volume of the криптовалюта market reached $2.7 trillion in November, the highest since May 2021, more than double the trading volume in October ($1.14 trillion). About 36% of the trading volume in November came from Binance, which traded more than $986 billion. Crypto.com, Upbit and Bybit followed closely behind, with trading volumes exceeding $200 billion, and trading volumes in all regions of the world showed significant month-on-month growth.
Новости отрасли
MicroStrategys total Bitcoin holdings have reached $38.5 billion
MicroStrategy bought another $1.5 billion in Bitcoin, marking the fourth consecutive week that the crypto hedge fund agency has bought Bitcoin. According to a filing with the U.S. Securities and Обмен Commission (SEC), MicroStrategy acquired 15,400 Bitcoins between November 25 and December 1. Since November 11, the company has purchased more than $13.5 billion in Bitcoin, and MicroStrategy co-founder and chairman Michael Saylor has attracted Wall Streets attention by transforming the enterprise software maker into what he calls a Bitcoin treasury. The companys stock price has soared more than 500% this year, outperforming almost all other major stocks. MicroStrategy has been financing Bitcoin transactions by selling convertible notes and issuing shares on the market.
According to saylortracker data, MicroStrategy currently holds Bitcoin worth approximately US$38.5 billion.
Infinite Рынок Cap data shows that as XRPs market value continues to hit new highs, it has now surpassed Uber and Siemens and risen 68 places to 1114th in the global asset market value rankings.
Data shows that the previous market value of XRP was approximately US$154.22 billion, with a 24-hour increase of 41.77%, while the market value of Siemens was approximately US$153.36 billion and that of Uber was US$153.19 billion.
Bitcoin mining difficulty increased by 1.59% to 103.92 T, setting a new record
CloverPool data shows that Bitcoin mining difficulty has been adjusted at block height 872,928 (2024-12-02 23:34:00), with the mining difficulty increased by 1.59% to 103.92 T, setting a new record. The current average computing power of the entire network is 726.57 EH/s.
According to data disclosed by TheBlock analyst Lars,
Ethereum staking revenue increased by 18.8% to $263 million in November;
In November, 46,553 ETH were destroyed on the Ethereum chain, equivalent to $147 million. Since the implementation of EIP-1559 in early August 2021, a total of 4.48 million ETH have been destroyed, equivalent to $12.6 billion;
In November, the NFT transaction volume on the Ethereum chain was approximately US$196.3 million, an increase of 61.5%.
Adjusted stablecoin on-chain transaction volume reached $1.17 trillion in November, up 30.7%
According to data disclosed by Lars, an analyst at TheBlock, the adjusted on-chain transaction volume of stablecoins in November reached 1.17 trillion US dollars, an increase of 30.7%; the supply of stablecoins issued increased by 12% to a new high of 167.2 billion US dollars, of which USDT and USDC had market shares of 79.9% and 17.4% respectively:
BlackRock and MicroStrategy become the two largest entities holding more than 400,000 BTC
According to Trader T’s monitoring, the current distribution of Bitcoin is:
– 2 entities (BlackRock and MicroStrategy) hold more than 400,000 Bitcoins, accounting for 2% of the existing 19,893,231 Bitcoins;
– Bitcoin ETFs represent ~6% of total supply (up 1% in the past 5 months);
– 5.4%, with 1,106,775 биткойнs remaining to be mined (about $106 billion at today’s value).
Data: Solana Ecosystem Stablecoin Net Inflow Exceeds $880 Million in November
According to data disclosed by SolanaFloor, the net inflow of Solana ecosystem stablecoins exceeded US$880 million in November, the total market value of Solana stablecoins was approximately US$4.7 billion, and USDCs market share was approximately 73.35%.
El Salvador’s Bitcoin holdings exceed 5,950 BTC, currently worth about $565 million
Currently, El Salvador is still implementing the daily increase of 1 BTC plan. As of December 2, its Bitcoin holdings reached 5,951.77 BTC, worth approximately US$565 million.
According to Yuxian, SlowMist has published the DEXX victim addresses and corresponding attacker addresses on the EVM (ETH/BSC/BASE) chain, about 4,000 in total (more than 8,600 Solana addresses related to attackers were published last week). The data comes from DEXX officials and submissions from thousands of victims.
WisdomTree submits XRP ETF S-1 application to the US SEC
According to an S-1 filing with the U.S. Securities and Exchange Commission (SEC), WisdomTree has submitted an application to the U.S. SEC for the WisdomTree XRP Fund, which is an exchange-traded fund (ETF) that issues beneficial ownership common shares and will be listed on Cboe BZX Exchange, Inc. under the ticker TICKER. The trusts investment objective is to gain exposure to the XRP price, minus the expenses and liabilities of the trusts operations. The Bank of New York Mellon (BNYM) serves as the trusts administrator, fund accountant, and transfer agent.
Новости проекта
Layer 1 blockchain project Sonic Labs (formerly Fantom) announced that its mainnet has generated the first transaction block, marking the completion of the Genesis phase and is expected to be officially launched soon.
The team previously announced that it expects the mainnet to go live in late November or early December, which means it is on track to maintain that timeline.
On Sunday, Sonic Labs said it had taken a “snapshot” of the airdropped S token distribution, which will be redeemable at a 1:1 ratio with Fantom’s existing FTM tokens.
The new chain will feature an Ethereum bridge called Sonic Gateway, enabling the platform to leverage Ethereum’s liquidity and user base while maintaining its own high throughput and low transaction costs. It will also have a shared sorter, enabling it to generate and protect blocks for multiple rollups simultaneously.
Bloomberg: Trump family could earn at least $15 million from WLFI
Justin Sun recently announced a $30 million investment in the Trump family DeFi project WLFI, which exceeded the minimum limit of the sales target. According to the terms detailed in WLFIs Gold Paper, the Trump family can now receive at least $15 million.
Earlier news, the Trump familys crypto project World Liberty Financial released a 13-page World Liberty Gold Paper document, detailing the projects mission and token distribution plan. The document shows that the Trump family will receive 75% of the projects net proceeds without any responsibility. The document emphasizes that Trump and his family members are not directors, employees, managers or operators of WLF or its affiliates, and states that the project and tokens have nothing to do with any political activities. The remaining 25% of net agreement income will belong to Axiom Management Group (AMG), a Puerto Rican company wholly owned by project co-founders Chase Herro and Zachary Folkman. AMG has agreed to allocate half of its profit rights to WC Digital Fi, an affiliate of Trumps close friend and political donor Steve Witkoff and some of his family members.
Nikes NFT entity RTFKT and its subsidiary CloneX announced plans to gradually shut down operations
Nikes NFT entity RTFKT announced on the X platform that it plans to gradually shut down operations, and its Web3 services will end at the end of January 2025. It is reported that RTFKT plans to launch an updated website to showcase the pioneering work that defines RTFKTs journey. Before the transition period of this operation closure, RTFKT will launch another innovation using BLADE DRoP in December this year: MNLTH X. Other information about specific collections, websites and services will be communicated through its Discord and official channels.
Magic Eden co-founder and CEO Jack Lu wrote: ME token airdrop eligibility and allocation inquiries are scheduled to open on December 4. ME tokens are scheduled to conduct TGE on December 10. Magic Summit is scheduled for December 17.
Nano Labs announces $50 million Bitcoin purchase plan
Crypto mining chip design company Nano Labs announced a Bitcoin purchase plan, planning to purchase and hold $50 million worth of Bitcoin over the next five years. Nano Labs said this strategic decision highlights the companys confidence in BTC as a long-term store of value and a fundamental asset in the rapidly developing Web 3.0 ecosystem.
Bitfarms mined 204 BTC in November and sold 171 BTC
Bitcoin mining company Bitfarms has released its latest monthly production report, with the companys mining operations producing 204 BTC in November, compared to 236 BTC in October, reflecting a 1% increase in average operating EH and a 7% increase in Bitcoin difficulty. The operating speed was 12.8 EH/s on November 30, up 100% year-on-year and 11% month-on-month. The companys BTC mining output totaled 4,482 so far this year. In addition, Bitfarms sold 171 of the 204 BTC earned from the companys regular fund management business, with total proceeds of $14.6 million. Taking into account the transfer of funds from Bitcoin to Bitmain, Bitfarms held 870 Bitcoins at the end of November, down from 1,188 Bitcoins the previous month.
MARA: 907 bitcoins mined in November, up 26% from the previous month
Bitcoin listed mining company MARA updated its November operating data, including:
-Power-on hashrate increased by 15% to 46.1 EH/s;
– Mining output was 907 bitcoins, a 26% increase from the previous month;
– Total BTC holdings: 34,959 BTC, valued at $3.3 billion (spot: $95,000);
– 12,965 BTC acquired YTD at an average price of $77,692.
pump.fun deposits 100,000 SOL to Kraken, worth $22.46 million
According to OnchainLens monitoring, pump.fun deposited 100,000 SOL worth $22.46 million to Kraken yesterday. In total, they sent 898,869 SOL worth $176.46 million to Kraken.
Catizen App Center product Bombie officially launched a new server Durov yesterday. Players can use the same account to participate in both servers and earn multiple airdrop rewards. Bombie is a meme game about shooting zombies to get airdrops. According to official news, within three months of its launch, Bombie has accumulated more than 6.8 million users and more than 160,000 paying users. The total revenue of the game has exceeded 7.3 million US dollars within three months, and the average ARPPU per capita has exceeded 45 US dollars.
Инвестиции и финансирование
LSP.Finance Completes $1 Million Pre-Seed Round of Financing, Led by K 24 Ventures and Others
LSP.Finance has completed a $1 million Pre-Seed round of financing at a valuation of $33 million, led by Cryptogram Venture (CGV), WAGMi Ventures, K 24 Ventures, CatcherVC, XLink Labs and LandScape Capital. It is reported that LSP.Finance is a user-centric digital asset management platform that is changing DeFi by unlocking the liquidity of PoS networks, early-stage Alpha projects and high-yield projects. The platform prioritizes accessibility and innovation, providing an all-in-one solution designed to achieve high liquidity and seamless blockchain interaction.
SuperFi Labs Completes $2.5 Million Pre-A Round of Financing, Lead by Linklogis
Crypto asset innovation laboratory SuperFi Labs announced the completion of a $2.5 million financing round, led by Linklogis, a listed company in supply chain fintech, and participated by SNZ, Taiko, ByteTrade, etc. Previously, Generative Ventures, as an early investor, invested in its angel round, and the new funds will be used for product development, market expansion and team building, and promote the launch of RWA products on the asset side and Defi products on the capital side.
According to official news, the liquidity solution SecondSwap announced the completion of a $1.2 million seed round of financing, with GSR and Animoca Ventures, E 4 Capital, Yellow Capital, BCW Group, HGEN DAO, ARC Community, Nonco, and Libra Capita participating in the investment. The funds will be mainly used to expand the market functions of SecondSwap.
According to reports, SecondSwap provides an automated over-the-counter market for assets with poor liquidity. It supports token diversification, risk management, and transparent transactions through smart contracts. It is currently testing the network on Ethereum and plans to expand to multiple chains. SecondSwaps mainnet will be launched in January 2025.
Sora Ventures has launched a $150 million fund to drive Bitcoin-centric financial strategies for listed companies across Asia, with strategies tailored to each country’s regulatory and market environment. The fund aims to replicate MicroStrategy’s model, using Bitcoin as the primary reserve asset to optimize financial strategies and enhance shareholder value. According to the announcement, the fund will target companies listed on major stock exchanges in Japan, Hong Kong, Thailand, Taiwan and South Korea. The first successful case of this strategy is Metaplanet, a Tokyo Stock Exchange-listed company, working with Sora Ventures to implement the MicroStrategy model.
MARA plans to issue zero-interest convertible senior notes to raise $700 million to purchase BTC
According to official news, MARA, a Nasdaq-listed Bitcoin mining company, announced that it plans to issue zero-interest convertible senior notes to raise $700 million, with the proceeds mainly used to purchase Bitcoin and repurchase existing convertible notes due in 2026. In addition, MARA expects to use up to $50 million of net proceeds from the sale of the notes to repurchase part of its existing convertible notes due in 2026 through privately negotiated transactions, and the remaining net proceeds will be used to purchase more Bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding debt.
Тенденции регулирования
South Korea expands cryptocurrency price manipulation investigation to include individual investors
Six months after the implementation of the Virtual Asset User Protection Act, the Financial Services Commission (FSS) of South Korea is now extending its investigation into price manipulation to individual investors. Recently, an investor was investigated by the FSS for suspected price manipulation due to frequent short-term transactions on a major exchange. Although these transactions were only part of day trading activities, they were suspicious and the FSS asked the investor to prove that he had no intention of manipulating the market. With the recent rise in cryptocurrency prices, the FSS is closely analyzing trading patterns and volumes to detect potential signs of price manipulation.
Голос персонажа
CryptoQuant CEO Ki Young Ju wrote: “In the past 30 days, MicroStrategy (MSTR) spent $13.5 billion to buy 149,900 BTC, and the value of its holdings increased by $21.5 billion.
The Bitcoin market cannot absorb tens of billions of dollars in the short term without pushing prices higher, so returns are almost inevitable.
If BTC breaks above $100,000, gains could grow further as the price discovery phase begins.”
Musk: The final step of the Department of Government Efficiency (DOGE) is to eliminate itself
Vivek Ramaswamy, another head of the Department of Government Efficiency (DOGE) appointed by Trump, posted that most government projects should have clear deadlines. Thats why we also set one for the Department of Government Efficiency: July 4, 2026. Musk forwarded the post saying that the last step of the Department of Government Efficiency is to lay off itself. Earlier, Trump said at Mar-a-Lago in Florida that the Department of Government Efficiency will release its last report on July 4, 2026. In the view of Newsweek, although the Department of Government Efficiency led by Musk has taken the lead at the moment, its biggest role is to serve the US mid-term elections and give a big gift package to the 250th anniversary of the founding of the United States in 2026.
Bitwise CEO Hunter Horsley wrote: “In the past 30 days, Coinbase’s market value has increased by approximately $30 billion and XRP’s market value has increased by approximately $100 billion.
The shift in U.S. regulation from a headwind to a tailwind is one of the biggest and most important structural catalysts the crypto space has ever experienced, and the impact is only just beginning.”
DWF Labs co-founder Andrei Grachev posted on the X platform that he hoped that investors had previously bought XRP and cryptocurrencies originating from the United States. If so, they should be happy now.
Andrei Grachev wrote last week that given the significant impact of the US election on the US market, he believes that US-based crypto projects and crypto projects that have received top venture capital may see greater gains in the short term.
Fundstrat CIO: Bitcoin will close above $100,000 by the end of the year
Tom Lee, former chief equity strategist at JPMorgan Chase and chief information officer of Fundstrat Capital, said in an interview with CNBC that Bitcoins closing price at the end of the year will exceed $100,000.
Coinbase Chief Policy Officer: Trump will choose someone with the same vision as SEC Chairman
Faryar Shirzad, chief policy officer at Coinbase, said that while he could not predict who Trumps choice for SEC chairman would be, President-elect Trump is very good at picking people who share his vision, and he has a very comprehensive platform on cryptocurrency, adding: I think as long as he picks someone who can drive change and shares his vision, it will be good for America, society, and people who own cryptocurrency.
Murad: 2025 will be the breakthrough year for Memecoin
Meme ecosystem KOL Murad posted on the X platform that 2024 is the year that Meme coin will lay the foundation, and 2025 will be the breakthrough year for Meme coin.
CZ responds to being head of Trumps crypto department: Willing to help in any way possible
In response to a community users suggestion that Trump should hire CZ as the head of the crypto department, CZ responded on the X platform: Im not a US citizen, but Im always happy to help in any way I can.
This article is sourced from the internet: Planet Daily | The US government marked the transfer of about 19,800 BTC, worth $1.92 billion; Feds Williams: The Fed is expected to cut interest rates further (December 3)
Related: Forbes: Did DCG profit from the illegal activities of North Korean hackers?
Original author: Javier Paz, Forbes magazine reporter Original translation: Luffy, Foresight News In the world of cryptocurrency, privacy is a major issue. For those who want to hide something, there is a tool called a cryptocurrency mixer that can help asset owners hide their identities. The working principle of a mixer is simply to mix the deposited cryptocurrency into a pool of funds, cut off its connection with the original crypto wallet, and then people cannot know the original source of the funds. In 2022, the most notorious mixer, Tornado Cash, was added to the sanctions blacklist by the US Treasury Department because the mixer was suspected of laundering billions of dollars for criminals, including a hacker group from North Korea. U.S. law enforcement says a North Korean hacking group…