Whale Alert monitoring shows that at around 22:08 Beijing time today, a dormant address containing 28 BTC (approximately US$2.6681 million) was activated after 10.9 years.

According to official news, Upbit said that the current application (Android, iOS) and Open API services are delayed due to a temporary increase in traffic, and will notify you separately after normalization. Upbit said that it deeply apologizes for the inconvenience caused to users.

According to Odaily, the South Korean won has experienced a significant decline against the US dollar, reaching its lowest point in two years. This economic downturn coincides with heightened political tensions in the country. The leader of South Korea's largest opposition party, Lee Jae-myung, has stated that the parliament will attempt to overturn President Yoon Suk-yeol's martial law declaration. However, there are concerns that the military might intervene by arresting members of parliament. Following the president's announcement of martial law, access to the South Korean parliament has been restricted, with roads leading to the legislative building being blocked. This has prevented lawmakers from entering the premises, further escalating the political crisis. The ongoing situation has raised concerns about the stability of South Korea's political environment and its potential impact on the country's economy. The depreciation of the won reflects these uncertainties, as investors remain cautious amid the unfolding events.

Members of South Korea's opposition party said the entrance to the National Assembly was blocked and they were trying to overturn the martial law order issued by South Korean President Yoon Seok-yeol. Opposition leader Lee Jae-myung said Yoon's declaration of martial law was illegal and unconstitutional. He said members of the military might try to arrest lawmakers. The won fell about 1% against the dollar, at a two-year low. The dollar fell below 149 against the yen USD/JPY, continuing its October low. The news caught the market off guard and triggered buying of bonds and the yen. Market participants wondered whether this was a problem with budget measures or something worse. The small pullback came after U.S. Treasury yields fell. (Jinshi)

According to market news, AggrNews revealed that South Korean cryptocurrency exchange Upbit experienced trading disruptions due to increased traffic.

According to market news, the Korean won continued to fall against the US dollar, hitting a two-year low. Lee Jae-myung, the leader of South Korea's largest opposition party, previously said that the parliament will try to cancel the martial law order issued by South Korean President Yoon Seok-yeol, but the military may try to arrest members of parliament. After the president declared martial law, the road leading to the South Korean parliament was blocked and members of parliament could not enter. (Jin Shi)

According to Odaily, South Korea's Democratic Party leader, Lee Jae-myung, has criticized President Yoon Suk-yeol's declaration of martial law, labeling it as unconstitutional. Lee has urged the South Korean public to gather at the National Assembly to safeguard the institution. Reports indicate that a majority of South Korean lawmakers, along with the Speaker of the National Assembly, are making their way to the assembly. In response to the situation, the South Korean Ministry of National Defense is set to convene a meeting with key commanders to address the unfolding events. The political climate in South Korea is tense as the opposition party challenges the president's actions, raising concerns about constitutional rights and the balance of power. The call to action by Lee Jae-myung highlights the urgency and gravity of the situation, as citizens are encouraged to participate actively in the democratic process to ensure the protection of legislative authority. The developments come amid heightened political scrutiny and debate over the president's decision, with implications for South Korea's democratic institutions and governance. The outcome of the defense ministry's meeting and the response from the public and lawmakers will be closely watched as the situation evolves.

شهد سوق العملات البديلة تحولاً حيث تفوقت العملات المستقرة على أحجام تداول البيتكوين. وقد أفاد المحللون بأن هناك اتجاهًا واضحًا لتطور أزواج العملات المستقرة والعملات الورقية. ويشير ذلك إلى أن السوق ينضج إلى مرحلة جديدة من نمو العملات البديلة. التحول في تداول العملات البديلة: العملات المستقرة تتفوق على العملات المستقرة باعتبارها زوجًا رئيسيًا تهيمن العملات […] The post سيولة العملات الرقمية... source: https://www.thecoinrepublic.com/ar/2024/12/03/%d8%b3%d9%8a%d9%88%d9%84%d8%a9-%d8%a7%d9%84%d8%b9%d9%85%d9%84%d8%a7%d8%aa-%d8%a7%d9%84%d8%b1%d9%82%d9%85%d9%8a%d8%a9-%d8%a7%d9%84%d9%85%d8%b3%d8%aa%d9%82%d8%b1%d8%a9-%d8%aa%d9%8f%d8%b9%d9%8a%d8%af/

The altcoin market witnessed a shift where stablecoins overtook trading volumes for Bitcoin. Analysts reported a clear trend for stablecoin and fiat pairings to be developing. It indicates the market is maturing into a new phase of altcoin growth. Shift in Altcoin Trading: Overtaken by Stablecoins as Key Pairing Stablecoins now dominate the altcoin market, […] The post Stablecoin Liquidity... source: https://www.thecoinrepublic.com/2024/12/03/stablecoin-liquidity-redefines-altseason-dynamics-in-crypto-market/

TL;DR Bernstein highlights that the potential approval of an Ethereum ETF with staking in the U.S. could raise staking yields from 3% to 4-5%. Inflows into ETH ETFs have surpassed those of BTC since November, reflecting greater confidence in ETH’s supply and demand dynamics. Ethereum leads in Total Value Locked (TVL) with $89 billion. Bernstein, ... source: https://crypto-economy.com/bernstein-bullish-on-ethereum-cites-etf-staking-institutional-demand-as-key-catalysts/

Currently, the theme of "Trump Deal" has been replaced by the theme of "Grand Bargain" between US President-elect Trump and China.

Some cryptocurrencies are already showing signs of early altcoin season, including Hedera’s HBAR, which is up 763% over the past month.

In short, this is a newly emerging track. We can look forward to its future, but we must also be aware of the many uncertainties it faces. How far this track can go, we will probably have to wait until next year to see the signs.

Recommended readings tonight: 1. The second wave of policy spring breeze: the "Trump-style revival" of the old public chain; 2. The Wall Street Journal: How the "2X MSTR ETF" affects MicroStrategy's stock price under the BTC craze; 3. Meme+ICO will make ICO great again.

Previously, base was famous for Meme coin and had many Pixiu disks. Now, base has become a source of innovation.

This article takes a deep dive into how sCrypt built a demo bridge contract on Bitcoin.

Donald Trump's administration plans to create a national Bitcoin reserve, boosting Bitcoin's role in the global economy. State-level and institutional support is growing, with 10 US states preparing their own Bitcoin reserve plans.

Recently, XRP rose to $2.84, with a market value of over $146 billion, becoming the world's third largest crypto asset. As XRP drives market sentiment, related concept projects such as AVAX, LINK, ONDO and HBAR recorded an average increase of over 30%.

The launch of the leveraged MicroStrategy ETF has accelerated the trend of MicroStrategy's stock price

Since Reddio’s technical solution uses CuEVM, a project that uses GPU to improve EVM execution efficiency, we will start with CuEVM.