Meitu sold about 31,000 Ethereum and 940 Bitcoin. The total cash was about $180 million, of which about 80% will be used to pay special dividends. (Jinshi)

According to CoinDesk, the CoinDesk 20 Index has shown a positive trend, currently trading at 3892.21, marking a 1.3% increase since 4 pm ET on Tuesday. This index, which is a comprehensive measure of the cryptocurrency market, reflects the performance of 20 major digital assets across various platforms and regions worldwide. Out of the 20 assets included in the index, 15 have recorded gains. Leading the upward movement are Polkadot (DOT) and Filecoin (FIL), which have surged by 17.3% and 16.3%, respectively. These significant increases highlight the strong performance of these assets within the index. On the other hand, some assets have not fared as well. Hedera Hashgraph (HBAR) and Litecoin (LTC) have experienced declines, with HBAR dropping by 5.3% and LTC by 2.7%. Despite these setbacks, the overall trend of the CoinDesk 20 remains positive, indicating a robust market environment for the majority of the assets included in the index.

According to BlockBeats, on December 4, monitoring by Trader T revealed that BlackRock's IBIT pre-market trading volume reached $38 million. Of this total, 35% consisted of active buy orders, while another 35% were active sell orders. This significant trading activity highlights the dynamic nature of the market, with both buying and selling pressures equally represented. The data suggests a balanced interest from investors, indicating a stable trading environment for BlackRock's IBIT. Such trading volumes are indicative of the asset's liquidity and the level of investor engagement in the market. The equal distribution of buy and sell orders may reflect a cautious approach by traders, possibly influenced by broader market conditions or specific developments related to BlackRock's offerings. As the market continues to evolve, monitoring these trading patterns can provide insights into investor sentiment and potential future movements in the asset's value.

According to PANews, the cryptocurrency CRV experienced a significant surge, briefly reaching $1.2493, marking its highest value since mid-February 2023. As of the latest report, CRV is trading at $1.2148, reflecting a daily increase of 34.52%. This notable rise in CRV's value highlights the volatile nature of the cryptocurrency market, where prices can fluctuate rapidly within short periods. The recent peak underscores the potential for substantial gains, attracting the attention of investors and traders alike. The current trading price, although slightly lower than the peak, still represents a significant increase, indicating strong market interest and activity. The surge in CRV's price may be attributed to various factors, including market speculation, investor sentiment, and broader trends within the cryptocurrency sector. As digital currencies continue to gain traction, fluctuations like these are becoming more common, reflecting the dynamic and often unpredictable nature of the market. Investors are advised to stay informed and exercise caution, given the inherent risks associated with cryptocurrency trading.

According to Odaily, the U.S. stock market opened with positive momentum as major indices recorded gains. The Dow Jones Industrial Average increased by 0.46%, while the S&P 500 Index rose by 0.33%. The Nasdaq Composite Index also saw an uptick, climbing by 0.64%. These movements reflect a positive start for the U.S. markets. In related developments, the iShares MSCI South Korea ETF opened with a modest gain of 0.18%. This comes amid significant political events in South Korea, where the opposition party has submitted an impeachment motion against the president. Additionally, the country's defense minister has tendered his resignation. These political shifts could have implications for the region's economic and market dynamics, potentially influencing investor sentiment and market performance in the coming days.

According to Trader T monitoring, BlackRock IBIT's pre-market trading volume today reached US$38 million, of which 35% were active buy orders and 35% were active sell orders.

At the opening of the US stock market, the Dow Jones Industrial Average rose 0.46%, the S&P 500 rose 0.33%, and the Nasdaq rose 0.64%. The ISHARES MSCI Korea ETF opened up 0.18%. The South Korean opposition party has submitted a bill to impeach the president, and the South Korean defense minister has submitted his resignation. (Jinshi)

The post Robinhood’s Crypto Trading Volumes Surpassed $30 billion in November appeared first on Coinpedia Fintech News In a latest development, Robinhood trading platform reported a significant uptick in Funded Customers, with a growth of over 400 thousand in November. Robinhood’s Assets Under Custody (AUC) also saw a substantial rise, reaching more than $190 billion. This figure represents an... source: https://coinpedia.org/crypto-live-news/robinhoods-crypto-trading-volumes-surpassed-30-billion-in-november/

OKX market data shows that CVX has broken through 7.7 USDT and is currently trading at 7.65 USDT, with a 24-hour increase of 43.64%, a two-year high.

KULR Technology Group, Inc. (NYSE American: KULR), a U.S.-listed company, announced today that its board of directors has agreed to make Bitcoin a primary asset in its financial plan. With more than $12 million in cash on its balance sheet and any future cash surplus, KULR has pledged to allocate 90% of its surplus cash to BTC. KULR's purchase of Bitcoin will be guided by market dynamics and expected cash flow needs. The company said it remains adaptable and is able to adjust its approach based on changing circumstances and strategic considerations. According to reports, KULR is an energy management platform that provides cutting-edge energy storage solutions for space, aerospace and defense.

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