OKX market shows that ETH fell below 3700 USDT and is now at 3699.59 USDT, with the 24-hour increase narrowed to 2.98%. (This newsletter is generated by AI)

According to BlockBeats, analyst James Van Straten reported on December 4 that since November 20, there has been a reduction of nearly 30,000 BTC in open interest at the Chicago Mercantile Exchange (CME). During the same period, U.S. spot-listed ETFs have experienced net inflows exceeding $3 billion. This unusual data suggests that U.S. spot ETFs are increasingly being used for pure directional investments rather than arbitrage strategies. James Van Straten explained that since the launch of ETFs in January, institutional investors have primarily used them to implement a strategy involving long positions in ETFs and short positions in CME futures. This opposing positioning allows institutional investors to earn futures premiums while hedging against price risks. This is why ETF inflows and CME open interest often move in tandem. The recent divergence in these trends indicates a shift in investment strategies, with more investors opting for direct exposure through ETFs rather than engaging in complex arbitrage maneuvers.

According to Odaily, MicroStrategy's founder, Michael Saylor, recently announced on the X platform that the company raised $13.5 billion in November. This substantial funding was used to acquire 149,880 Bitcoin at an approximate price of $90,231 per Bitcoin. The investment has yielded a return of 38.7%, resulting in a net gain of 97,500 Bitcoin for shareholders. This translates to an average daily acquisition of 3,250 Bitcoin. If the Bitcoin price is calculated at $96,000, the total value of the holdings would amount to $9.4 billion, equating to a daily value increase of $312 million. This strategic move underscores MicroStrategy's continued commitment to Bitcoin as a key asset in its investment portfolio. The company's aggressive acquisition strategy highlights its confidence in the long-term potential of Bitcoin, despite the inherent volatility of the cryptocurrency market.

XRP, What is the secret behind the surge in XRP? Golden Finance, Technological breakthroughs and the power of Korean investors.

MicroStrategy founder Michael Saylor announced on the X platform that MicroStrategy raised $13.5 billion in November and acquired 149,880 BTC at a price of approximately $90,231. The BTC yield was 38.7%, bringing shareholders a net income of 97,500 BTC (or 3,250 BTC per day). If calculated at a price of $96,000, it is equivalent to $9.4 billion, or $312 million per day.

This means that Magic Eden is ready to bring new features to NFT collectors, creators, and traders on the Sei blockchain. Now that Magic Eden is connected with Sei Network, people can use their Launchpad. Also, Mint Terminal, and Marketplace. All in one place. MagicEden and Sei Network: A Better Way to Buy and Sell […] The post Magic Eden Launches on Sei Network appeared first on Altcoin... source: https://www.altcoinbuzz.io/cryptocurrency-news/magic-eden-launches-on-sei-network/

TL;DR The U.S. government transferred $33.6 million in seized FTX crypto assets to two unidentified addresses, including 5,024 ether and $13.5 million in Binance USD. The timing of these transfers coincided with a market rally, with Ethereum’s price increasing modestly and November’s on-chain volume reaching a yearly high. The transfers have sparked speculation within the ... source: https://crypto-economy.com/u-s-government-moves-33-6m-in-seized-ftx-crypto-where-did-it-go/

QCP Capital’s latest analysis points out that established cryptocurrencies since 2021 have experienced significant gains in the past two weeks. XRP broke through its all-time high of $2 in 2021 and surged 400% since November to $2.90. During the same period, veteran projects such as ADA, HBAR and XLM also recorded increases of 300%, 800% and 600% respectively, demonstrating the strong momentum of traditional crypto assets. The rally has been driven by two major factors: first, Trump’s November proposal to eliminate capital gains taxes on U.S. companies issuing cryptocurrencies; and second, potential pro-cryptocurrency cabinet picks. It is reported that current Cantor Fitzgerald CEO Howard Lutnick may serve as Secretary of Commerce, and his company is currently negotiating cooperation with Tether. Meanwhile, the SEC chairmanship is likely to be replaced by pro-cryptocurrency Paul Atkins, current chairman Gary Gensler. Although the imposition of martial law in South Korea briefly caused Bitcoin to fall to $93,500, the market’s subsequent rapid rebound showed that buying power is currently strong. The report pointed out that although inflation concerns have compressed the Fed's interest rate cut expectations to three in 2025 and Trump's geopolitical risks to China, Mexico, Canada and BRICS countries remain, the cryptocurrency market is still expected to continue to rise. Analysts believe that Bitcoin’s goal of breaking through $100,000 and Ethereum’s all-time high are turning from a dream to a reality, driven by the Trump team’s possible crypto-friendly policies and the continued admission of institutional investors. Investors are advised to pay attention to the strong market situation and seize investment opportunities.

According to official news, Mantle TVL exceeded US$2.16 billion, setting a new record high

According to Odaily, JPMorgan analysts have identified Bitcoin, the US dollar, and stocks as the most vulnerable asset classes from an investor positioning perspective. The report highlights that positions in these assets appear to be increasing as investors bet on their potential rise. In contrast, bond and credit positions are nearing neutrality, while positions in commodities, excluding gold, are on the decline. This analysis suggests that as we approach 2025, stocks, the dollar, and Bitcoin are considered the most susceptible asset classes. Conversely, non-gold commodities are seen as less vulnerable. The report underscores the shifting dynamics in investor strategies, reflecting a cautious approach towards certain asset classes while adjusting positions in others. This trend indicates a broader market sentiment that could influence investment decisions in the coming years.

Raoul Pal, a former Goldman Sachs executive, is growing optimistic about Dogecoin (DOGE) following the impressive performance of XRP, which has surged more than 5x in the past month. The post Dogecoin Set for Big Gains, Says Ex-Goldman Sachs Exec appeared first on Cryptodnes. source: https://cryptodnes.bg/en/dogecoin-set-for-big-gains-says-ex-goldman-sachs-exec/

Why Crypto AI is the most exciting underdog opportunity for investors and builders today.

As a decentralized and secure blockchain network, Bitcoin’s core value is a “digital gold”-style value storage in the minds of the public. However, this may be the “tip of the iceberg” of its potential.

Messari, polymarket, Messari: Polymarket's resilience after the US election Golden Finance, Polymarket's journey is far from over

This will be the most important technology wave of this decade for the Web2 and Web3 worlds.

There is no doubt that American capital is gradually taking control of the crypto market, and the decentralized crypto utopia is slowly being compromised.

South Korea's political crisis, sparked by President Yoon Suk Yeol's martial law declaration and impeachment calls, is disrupting key tech initiatives, including the AI Basic Act and national AI strategy. This uncertainty threatens the country’s ability to lead in AI, attract global investment, and advance crucial technological reforms.

CZ’s recent Toy Story meme has sparked speculation about Binance’s future, with many linking it to potential BNB institutional adoption or a BNB-based ETF. Meanwhile, BNB’s price surged to a new all-time high of $776.80, reflecting its growing market influence as altcoins, including BNB, gain momentum.

On the evening of December 3, the Korean crypto market completed a one-month bull market in 15 minutes. Did you buy the bottom?

DeFi, Liquidity, The way out of DeFi’s internal conflict: liquidity sharing Golden Finance, What will happen to the DeFi world when there is no liquidity war?