According to a report released by CCData on November 27, as of November 25, stablecoin trading volume increased significantly by 77.5% to $1.81 trillion. The growth puts the monthly trading volume of centralized exchanges on track to hit a new annual high. Continuing a 14-month upward trend, the total market value of stablecoins rose 9.94% in November to $190 billion, a record high. Despite the growth, the market share of stablecoins fell from 7.22% in October to 5.54% as investors and traders increased their diversified investments in Bitcoin and altcoins. Tether's USDT continued to perform strongly, with a market value increase of 10.5% to $133 billion, accounting for 69.9% of the entire market, followed by Circle's USDC, whose market value increased by 12.1% in November to $38.9 billion, the highest level since February 2023. (Cointelegraph)

According to the official blog, the Hyper Foundation announced that the genesis event of HYPE, the native token of the decentralized derivatives trading platform Hyperliquid, will be launched at 15:30 on November 29, Beijing time. The maximum supply of HYPE is 1 billion, and the distribution is as follows: 38.888% for future emissions and community rewards; 31.0% for the genesis distribution; 23.8% for current and future core contributors; 6.0% for the Super Foundation budget; 0.3% for community grants; 0.012% for HIP-2. Tokens will be issued over time, of which 76.2% will be allocated to the community. Eligible participants in the genesis event will receive 310 million tokens, which will be fully unlocked. Unallocated tokens will be transferred to future issuance and community rewards. 60 million HYPE are allocated to the Hyper Foundation budget, 300 HYPE are allocated to grants, and 120,000 HYPE are allocated to Hyperliquidity (HIP-2). 388,880,000 unminted HYPE reserved for future issuance and community rewards. Core Contributor tokens will be locked for 1 year after genesis. Most vesting will be completed between 2027-2028; some will continue after 2028. Genesis allocation strictly excludes core contributors. No allocations are provided for private investors, centralized exchanges, or market makers.

Arbitrum announced the launch of a $1 million Trailblazer grant program to support visionary innovators on the Arbitrum chain to develop cutting-edge AI agents, frameworks, and applications. Some ideas include creative agents, self-upgrading agents, strategic DeFi agents, community participation agents, efficient network agents, collaborative agents, introduction of other frameworks, multi-functional smart contract agents, etc. Currently, the application channel for the program is open. Applicants must have a launched AI agent product that has on-chain integration with Arbitrum. Each project can receive a grant of up to $10,000, in addition to full industry expert guidance including technology and market, as well as the opportunity to showcase the project to global users.

According to Foresight News, data from Coinglass reveals that the cryptocurrency market witnessed substantial liquidations over the past 24 hours, amounting to $281 million. This includes $104 million in long positions and $177 million in short positions. Bitcoin and Ethereum were among the most affected cryptocurrencies, with Bitcoin experiencing liquidations totaling $77.46 million and Ethereum facing $57.77 million in liquidations. These figures highlight the volatility and risk associated with trading in the cryptocurrency market, as traders navigate the fluctuations in asset prices. The data underscores the challenges faced by investors in the crypto space, where rapid price movements can lead to significant financial losses. As the market continues to evolve, traders are advised to exercise caution and employ risk management strategies to mitigate potential losses.

Judging from the list of the new government, in addition to well-known names in the crypto market such as Musk and Howard Lutnick, many cabinet officials are firm supporters of cryptocurrencies and have publicly disclosed their cryptocurrency holdings.

Market data shows that Inscription Pizza has risen above 3 USDT and is currently trading at 3.63 USDT, with a 24-hour increase of 35.8% and a 7-day increase of 99.2%.

Brian Armstrong, CEO of Coinbase, attributes the 2024 election’s loss to the cryptocurrency market, which he attributes to SEC Chair Gary Gensler and Sen. Elizabeth Warren. Brian Armstrong, the CEO of Coinbase , has identified SEC Chairman Gary Gensler and Senator Elizabeth Warren as the primary factors contributing to Kamala Harris’s defeat in the 2024 […] The post Brian Armstrong Blames... source: https://coinscreed.com/brian-armstrong-blame-gensler-for-kamalas-loss.html

Crypto founders are accusing the Biden administration of using America’s banking system as a weapon to crush the crypto industry. The allegations, detailed in a heated discussion on X, center on accusations that banks were pressured to sever ties with blockchain firms. The firestorm began when Elon Musk asked his X followers, “Did you know […] source: https://www.cryptopolitan.com/crypto-founders-reveal-they-were-debanked/

Swiss wealth management company 21Shares has added four ETPs to its European products, namely PYTH, ONDO, RNDR and NEAR, covering the fields of price oracles, asset tokenization, decentralized computing and artificial intelligence. In addition, 21Shares will allow investors to reinvest NEAR's staking rewards into this ETP. 21Shares pointed out that reinvesting rewards can improve the performance of its NEAR ETP and bring greater customer returns. All four ETFs will be traded on exchanges in cities such as Amsterdam and Paris. (crypto.news)

MARA Holdings has acquired an additional 703 bitcoin following the successful closing of its $1 billion offering of convertible notes. source: https://www.theblock.co/post/328611/mara-purchases-615-million-worth-of-bitcoin-boosting-total-holdings-to-34794-btc?utm_source=rss&utm_medium=rss

Operation Chokepoint originates from an Obama-era program that cut off financial services to industries deemed controversial or high-risk. source: https://decrypt.co/293947/operation-chokepoint-2-0-crypto-founders-silenced-by-secret-debanking

Attack on Titan: Invasion brings the anime’s epic battles to life in The Sandbox metaverse, where players defend against Titans using strategy and skill. This free experience offers action-packed gameplay, with optional NFTs for fans seeking a deeper connection to the series.

Crypto market, what is the main line of this round of bull market? Golden Finance, the main line of this round is already relatively clear.

In the philosophy of most Chinese people, survival is more important than faith, and travel is just the spice sprinkled on survival.

Some analysts expect Dogecoin prices to surge by more than 1,000%, based on emerging technical chart patterns.

Ethereum futures hit a new record, which may indicate a new bull run for Ethereum.

Using blockchain for AI data annotation is particularly suitable for data annotation scenarios that require high transparency, credibility, and distributed collaboration. This can not only improve the efficiency and quality of data annotation, but also create possibilities for global collaboration and data transactions.

SOS operates a US-based bitcoin mine and plans to purchase $50 million worth of bitcoin.

I believe that in the future of this ecosystem, there will be real applications that will be widely used.

Golden Finance launches the 2522nd issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.