Solana co-founder Toly said in a post on X: “We need a national XRP reserve.”

Infinite Market Cap data shows that XRP's market value surpasses TotalEnergies, and its ranking among global assets has risen by 39 places, currently ranking 144th. Data shows that the current XRP market value is 131.46 billion US dollars, with a 24-hour increase of 19.12% and a weekly increase of 62.37%; TotalEnergies' market value is 131.29 billion US dollars.

According to BlockBeats, recent data from TradingView indicates a decline in Bitcoin's market dominance, which has fallen to 56.75%. This marks a decrease of 8.15% from its peak during the current bull market on November 21, when it stood at 61.78%. In addition, since November 5, the total market capitalization of cryptocurrencies excluding Bitcoin (TOTAL2) has experienced a significant upward trend. After reaching a low of $856.1 billion on November 5, the market has surged approximately 70%, currently standing at $1.46 trillion. This increase highlights the growing interest and investment in alternative cryptocurrencies as the market continues to evolve.

According to Odaily, leading Bitcoin mining company MARA's mining pool, known as MARA Pool, achieved a significant milestone in November by mining 820 BTC, marking the highest output since January. Network data reveals that during November (UTC time), MARA Pool successfully mined 254 Bitcoin blocks, earning 793.7 BTC from block subsidies and an additional 26.7 BTC from transaction fees. This notable increase in monthly production is partly attributed to reduced operational uptime earlier this year. In November, the average hash rate of the Bitcoin network was recorded at 731 EH/s. MARA Pool's block production suggests an actual hash rate of 42.7 EH/s, indicating that the company installed additional mining machines during the month. This development is significant as MARA had reported an operational capacity of 40.2 EH/s at the end of October, highlighting the expansion of their mining capabilities.

Coinglass data shows that the open interest of XRP futures contracts across the network is 1.739 billion ETH, equivalent to US$4.051 billion, a record high, with a 24-hour increase of 20.34%. Among them, the open interest of Bybit XRP contracts is 548 million XRP (approximately US$1.277 billion), ranking first, with a 24-hour increase of 19.13%.

According to PANews, Japanese cryptocurrency exchange DMM Bitcoin is set to shut down its operations and sell its assets to a subsidiary of the SBI Group. This decision marks a significant shift in the Japanese cryptocurrency market, as DMM Bitcoin has been a notable player in the industry. The move comes amid increasing regulatory scrutiny and evolving market dynamics in the cryptocurrency sector. The acquisition by the SBI Group subsidiary is expected to consolidate its position in the market, leveraging DMM Bitcoin's existing infrastructure and customer base. This strategic move aligns with SBI Group's broader ambitions to expand its footprint in the digital asset space. The transition is anticipated to be seamless for existing DMM Bitcoin users, as the SBI subsidiary plans to integrate the platform's services into its operations. This development highlights the ongoing consolidation trend within the cryptocurrency industry, as larger financial institutions seek to strengthen their presence by acquiring established platforms. The closure of DMM Bitcoin underscores the challenges faced by smaller exchanges in navigating the complex regulatory landscape and maintaining competitive advantage in a rapidly evolving market.

Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup. source: https://decrypt.co/294068/this-week-crypto-games-axie-infinity-layoffs-w-coin

MARA Pool, the leading Bitcoin mining company, mined 820 BTC in November, a record high since January. Network data shows that MARA Pool mined 254 Bitcoin blocks in November (UTC time), earning 793.7 BTC from block subsidies and 26.7 BTC from transaction fees. This is the highest monthly output of MARA Pool since January, partly due to MARA's low uptime earlier this year. The average computing power of the Bitcoin network in November was 731 EH/s, while the block production of MARA Pool indicated an actual computing power of 42.7 EH/s. This suggests that the company installed additional mining machines in November, as it reported an operating capacity of 40.2 EH/s at the end of October.

Today's Fear and Greed Index dropped to 80 (yesterday was 81), and the level is still extremely greedy. Note: The threshold of the Fear Index is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market research (15%) + Bitcoin's proportion in the entire market (10%) + Google hot word analysis (10%).

TradingView data shows that BTC’s market share has dropped from 60% in the past month to below 57% (currently 56.7%). Analysts predict that BTC market share appears to be on the verge of breaking through its multi-year support trend line. In addition, ETH’s market share also fell to 12.9%, while other cryptocurrencies’ market share rose to 31.5%, up from 28.1% last month. The analysis pointed out that the decline in BTC’s market share has significantly affected market sentiment, indicating that the altcoin season has arrived. (crypto.news)

Although I consider myself a cryptographer, I am not particularly interested in "crypto".

Exchange, Zhao Changpeng, The grudges in the Chinese cryptocurrency circle, Golden Finance, In 1986, a baby boy was born in Shaoyang, Hunan.

This week, 29 blockchain startups raised a total of $109.2 million in funding. World Liberty Financial raised $30 million in a pre-seed round of funding — the largest round of the week.

The bull market is still spreading. Although Bitcoin has experienced both ups and downs, Ethereum reversed its decline and broke through $3,700. Defi, Layer2 and other sectors generally rose, and the altcoin market finally began to regain vitality.

Recently, more than 30 crypto bosses collectively accused the Biden administration of having a carefully planned "Chokepoint 2.0" operation to secretly force banks not to provide services to the crypto industry.

Golden Finance launches the 2525th 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.

It has been 15 days since the DEXX theft. As a victim and the leader of a rights protection group, I have sorted out the complete timeline of the incident and the latest developments.

Ripple Labs’ RLUSD stablecoin, an over-collateralized digital currency pegged to the U.S. dollar, is close to receiving approval from the New York Department of Financial Services (NYDFS).

I saw a post about how Einstein recruits talent, and I found it quite interesting and inspiring.

Some time ago, U.S. Senator Cynthia Lummis proposed a bill about Bitcoin called the "Bitcoin Act of 2024", which caused a huge uproar.