Saxo Bank strategist John Hardy said that if the trade tariffs proposed by US President-elect Trump prompt other countries to look for alternatives to the US dollar, the cryptocurrency market and gold may benefit. Tariffs will have a terrible impact on global trade because it will cut off the supply of needed US dollars. The BRICS countries may use methods such as digital currencies backed by gold to trade. Crypto stablecoins pegged to gold may also be used. The crypto market may quadruple to more than $10 trillion, while the US dollar may depreciate by 20% against major currencies and 30% against gold. (Jinshi)

According to Odaily, Ki Young Ju, the founder and CEO of CryptoQuant, recently shared on the X platform that the holdings of spot Bitcoin ETFs have now reached levels comparable to those held by Satoshi Nakamoto. This development highlights the growing significance of Bitcoin ETFs in the cryptocurrency market. The comparison to Satoshi Nakamoto, the pseudonymous creator of Bitcoin, underscores the substantial accumulation of Bitcoin within these financial instruments. As Bitcoin ETFs continue to gain traction, their influence on the market dynamics and investor sentiment becomes increasingly evident. This milestone reflects the broader acceptance and integration of Bitcoin into traditional financial systems, as institutional investors seek exposure to the digital asset through regulated channels. The rise in Bitcoin ETF holdings also indicates a shift in how investors are approaching cryptocurrency investments. By opting for ETFs, investors can gain exposure to Bitcoin without directly holding the asset, thereby mitigating some of the risks associated with direct ownership. This trend is likely to continue as more investors recognize the potential benefits of including Bitcoin in their portfolios through these financial products.

BlackRock officially updated its Bitcoin holdings data. As of December 2, IBIT's Bitcoin holdings reached 500,380.0952 BTC, with a market value of approximately US$48,009,068,309.39.

According to Lookonchain monitoring, an investor made a profit of 2,277 ETH, worth approximately US$8.3 million, by trading SHIRO in the past 18 hours.

According to BlockBeats, Ethereum co-founder Vitalik Buterin has published a new blog post on December 3, detailing his vision for an ideal cryptocurrency wallet. Buterin emphasizes that wallets are a crucial layer of the Ethereum infrastructure stack, often underestimated by core Layer 1 researchers and developers. He argues that wallets serve as the gateway between users and the Ethereum ecosystem, enabling users to benefit from the decentralized, censorship-resistant, secure, and private attributes of Ethereum and its applications, provided the wallets themselves embody these characteristics. In terms of cross-Layer 2 transactions, Buterin suggests adopting a chain-specific address format, such as [email protected], and recommends that wallets automatically handle cross-chain exchanges and transfers. For account security, he advocates for the use of social recovery and multi-signature mechanisms, proposing a 2-of-3 protection scheme for new users that includes zk-email, local keys, and service provider backup keys. Regarding privacy protection, the article stresses the need to integrate features like privacy pools and stealth addresses directly into mainstream wallets to ensure default privacy. On the topic of data storage, Buterin envisions wallets evolving into personal data storage tools, utilizing an M-of-N key sharing mechanism to safeguard user data. Looking ahead, he predicts that emerging technologies such as AI and brain-computer interfaces will fundamentally transform wallet interaction methods. In the realm of decentralized application (Dapp) security, the ideal scenario involves transitioning the ecosystem to on-chain content version control. Users would access Dapps through their ENS names, which would contain the IPFS hash of the interface. Updates to the interface would require on-chain transactions from multi-signatures or DAOs. Wallets would inform users whether they are interacting with a more secure on-chain interface or a less secure web2 interface. Additionally, wallets could indicate whether users are engaging with a secure chain, such as Phase 1+ with multiple security audits.

Ki Young Ju, founder and CEO of CryptoQuant, posted on the X platform that the spot Bitcoin ETF holdings are already comparable to Satoshi Nakamoto.

According to PANews, a prominent on-chain analyst, identified as @ai_9684xtpa, has reported that a major whale or institution has initiated a substantial short position on XRP, valued at over $844 million. This entity currently holds a short position of 12.1 million XRP, with a liquidation price set at $69.8226. Despite the current price increase of only $0.0795, the whale has already incurred an unrealized loss of $977,000. This development highlights the significant financial risks involved in such large-scale speculative activities within the cryptocurrency market. The whale's position and the potential for liquidation underscore the volatility and unpredictability inherent in digital asset trading. Market participants are closely monitoring this situation, as the whale's actions could have broader implications for XRP's market dynamics. The substantial short position reflects a bearish outlook on XRP, which may influence other traders' strategies and market sentiment. As the situation unfolds, it remains to be seen how this will impact XRP's price movement and the broader cryptocurrency market.

Alexandre Dreyfus, CEO of sports and entertainment public chain Chiliz Chain, commented on the X platform: "It would be interesting if the Chiliz ecosystem could bid for and acquire these assets so that they can run on the CHZ chain." Previously, Nike's NFT project RTFKT announced that it would gradually cease operations.

According to the monitoring of on-chain analyst @ai_9684xtpa, a whale with over $844 million has started to short XRP. The whale currently holds a short position of 12.1 million XRP, which will only be liquidated when it rises to $69.8226. Now XRP has only risen by $0.0795, and he has already suffered a floating loss of $977,000.

1. JPMorgan Chase: The stock prices of listed Bitcoin mining companies rose significantly in November, and the overall market value increased by 52% month-on-month; 2. A trader spent 1.5 SOL to buy more than 26 million MUNDI two weeks ago, which is now as high as US$1.7 million; 3. Binance launches ENA/BRL and other spot trading pairs and trading robot services; 4. Aethir announced the second round of its US$100 million ecological fund funding project; 5. CZ posts a post with a picture Alt, which may hint that the copycat season is coming; 6. A trader deposited 356.1 billion PEPE into the Kraken exchange, equivalent to approximately US$7.28 million; 7. CoinShares: XRP digital asset products saw an inflow of $95 million last week, and traders bet on the approval of the XRP ETF; 8. Ripple strengthens testing of its stablecoin RLUSD, and has recently minted approximately 10 million coins; 9. Binance futures trading has added multiple U-based perpetual contracts; 10. Multi-asset investment platform Public completed USD 135 million in Series D-2 financing, led by Accel; 11. US Representative French Hill promised to investigate the "Operation Chokepoint 2.0" plan; 12. Matrixport: Bitcoin’s December trend and altcoin rebound in the fourth quarter may indicate strong performance at the end of the year; 13. KPay Group, an enterprise-level payment management platform, completed US$55 million in Series A financing; 14. Block’s Cash App will stop supporting Bitcoin’s free p2p transfer function in December; 15. The holdings of long-term Bitcoin holders dropped to 12.45 million, a new low since July 2022; 16. The venture capital fund founded by former NBA star Omri Casspi completed a fundraising of US$60 million, focusing on network security, cloud infrastructure and AI fields; 17. LTC’s recent rise has pushed nearly 80% of currency holding addresses into a floating profit state; 18. The market value of USDe surpassed DAI and became the third largest stablecoin by market value; 19. Vivek Ramaswamy: The US government’s regulatory spending will face “significant” cuts; 20. Binance Futures updates the maximum holding limit of BFUSD.

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.

An Apple employee is suing the company for allegedly monitoring personal devices and iCloud accounts linked to work, even when off-duty. The lawsuit challenges Apple's policies, claiming they violate privacy laws by tracking employees' personal data without consent.

BTC’s average return last month was 46%, the asset’s best November performance since 2020.

The US has imposed new export restrictions on China’s semiconductor industry, halting shipments to 140 companies, including Swaysure Technology, tied to Huawei and already under sanctions. Is this a security measure or a futile attempt to stifle China’s tech growth?