Canadian Bitcoin mining company Hive Digital announced on Tuesday that it has spent more than $60 million to purchase 13,480 Bitmain Antminer S21+ Hydros mining machines to expand its operations in Paraguay. These mining machines can provide 4.3 EH/s computing power. The company also obtained an option to purchase the same product of 4.3 EH/s, which can be exercised within one year. If the option is fully exercised, Hive's mining machine computing power can be expanded to 8.6 EH/s, and plans to reach 15 EH/s by the summer of 2025. Executive Chairman Frank Holmes said that once fully deployed, the expansion to 15 EH/s will "drive Hive's annual revenue to more than $300 million based on current mining economics and bring more than $200 million in mining profits." (Decrypt)

According to CoinMarketCap data, TRX hit $0.45 this morning and is now at $0.3846, with a 24-hour increase of more than 73.41%, setting a new record high. TRON founder Justin Sun previously said in a tweet: "TRX, the next XRP", and mentioned in another tweet that "everything has just begun". So far, TRX's 24-hour trading volume has reached $12 billion, with a total market value of more than $33.1 billion, ranking tenth in market value. In the future, TRX will reach more users and accelerate the mainstreaming of blockchain and cryptocurrency.

TRONSCAN data shows that many data of the TRON network have hit record highs. Among them, the total staked volume (TVL) exceeded US$35.9 billion, and the total value of on-chain assets reached US$108.7 billion. At the same time, the total number of transactions on the TRON network exceeded 9.1 billion times, and the total number of accounts reached 276 million. TRON founder Justin Sun said on social media today that TRON is still a strong competitor for the Top 10. TRON is committed to building the infrastructure of the decentralized Internet, and has attracted a large number of users and developers through its efficient and low-cost network characteristics. At present, TRON is an important global payment network and has become a decentralized autonomous organization (DAO) governed by the community.

According to TradingView data, Bitcoin's market share (BTC.D) has fallen to 51.4%, down 10.38% from the top of this bull market (61.78% on November 21). In addition, since November 5, the total market value of cryptocurrencies excluding BTC (TOTAL2) has seen a unilateral upward trend, hitting a bottom of $856.1 billion on November 5 and rising by about 98.8%, now at $1.802 trillion.

According to Odaily, Dennis Porter, co-founder of the Satoshi Act Fund, has revealed that several U.S. states are preparing to introduce legislation for sovereign Bitcoin reserves. Porter is actively lobbying local policymakers to implement Bitcoin reserve laws across ten states. He shared this development on social media platform X, highlighting the Satoshi Act Fund's efforts to promote Bitcoin-focused legislation. Porter officially announced that ten states in the U.S. are set to propose 'strategic Bitcoin reserve' legislation. He expressed confidence in the potential of Bitcoin to lead globally, stating, 'We will win with Bitcoin and lead the world.' Despite this optimistic outlook, Porter acknowledged that the process of passing such laws in these states remains a significant challenge.

As XRP trading volumes surge, institutional digital asset prime broker FalconX reported a tenfold increase in fourth quarter volumes, driven by institutional investors. Austin Reid, global head of revenue and business at Falconx, said: "XRP trading is hot. FalconX's trading volume increased 10 times in the first and second half of the fourth quarter. This is not just retail action, institutions are driving this momentum." XRP has risen more than 400% since the US presidential election on November 5. The rise is attributed to optimistic expectations of a friendlier cryptocurrency regulatory environment under the incoming Trump administration, including the possibility of the US SEC dropping its lawsuit against Ripple and approving an XRP ETF. (Bitcoin.com)

The South Korean presidential office said that the martial law order is completely within the constitutional framework, and the timing of the announcement (of the relevant measures) is to minimize the damage to the national economy and people's lives. Reports that the military interfered with lawmakers entering the National Assembly are false. (Jin Shi)

1. Yesterday, Fidelity FBTC had a net inflow of $52.2 million, and FETH had a net inflow of $73.7 million; 2. Elon Musk expressed shock at the situation in South Korea and "responded" many times on social media; 3. Analysis: TRX's recent rise may be partly affected by the political instability in South Korea; 4. Analysis: Only 4 cold wallet addresses of Binance, Bitfinex and Robinhood hold more than 100,000 BTC; 5. Analysis: RSR market maker is GSR Markets; 6. Russian court sentenced the founder of the cryptocurrency mixing service Hydra to life imprisonment; 7. BTC and ETH options with a nominal value of approximately $2.522 billion will expire and be delivered on Friday; 8. Saga: SG-1 account keys were leaked but no funds were affected, and a new validator node has been launched; 9. ZK-driven interoperability protocol Union completed a $12 million Series A financing, Longhash Ventures etc. led the investment; 10. The daily cryptocurrency trading volume of South Korean local exchanges exceeded 34 billion US dollars, setting a record high; 11. Polymarket predicts that the probability of Microsoft approving the Bitcoin investment strategy is less than 10%; 12. South Korean media: Cabinet members opposed the martial law order, and Yoon Seok-yeol insisted on his own way.

Dennis Porter, co-founder of the Satoshi Act Fund, said that multiple US states are preparing to propose sovereign Bitcoin reserve legislation. Porter is lobbying local policymakers to introduce BTC reserve legislation in the jurisdictions of 10 states and disclosed this development on X, highlighting the Satoshi Act Fund's efforts to pass Bitcoin-focused laws. He said: "I can now officially confirm and announce that 10 states in the United States will introduce "strategic Bitcoin reserves" legislation. We will win with Bitcoin and lead the world." Porter added that there is a long way to go to pass laws in 10 states.

코인원은 딥북 프로토콜(DEEP)의 원화마켓 상장을 공지. 거래는 12월 4일 19시 시작 12월 4일 암호화폐 소식 모음 한국의 정치적 불안으로 인해 트론이 지난 하루 동안 80% 급등 코인베이스 MOODENG 상장 source: https://coincode.kr/28094

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