According to Bloomberg Terminal data, Russian President Vladimir Putin said that Bitcoin and digital assets will continue to develop.

According to BlockBeats, Russian President Vladimir Putin has expressed optimism about the future of Bitcoin and digital assets. Speaking on December 4, Putin highlighted the ongoing development and potential growth of these digital currencies. His remarks were reported through Bloomberg Terminal data, indicating a positive outlook for the cryptocurrency market. Putin's comments come at a time when digital assets are gaining increasing attention globally, with many countries exploring regulatory frameworks and potential uses for cryptocurrencies. The Russian President's acknowledgment of Bitcoin and digital assets suggests a recognition of their growing importance in the global financial landscape. This development could influence Russia's approach to digital currency regulation and adoption, potentially impacting the broader market. The statement underscores the evolving nature of digital currencies and their potential to shape future economic systems. As nations continue to navigate the complexities of integrating digital assets into their economies, Putin's remarks may signal a shift towards more acceptance and integration of cryptocurrencies in Russia.

The number of ADP employment in the United States in November was 146,000, the smallest increase since August 2024. The expected number was 150,000, and the previous value was revised from 233,000 to 184,000. (Jinshi)

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)

The crypto sector received positive news as Britain launched a renewed effort to establish itself as a leading global crypto hub. However, the Europen nation faces significant challenges, including pushback from domestic entrepreneurs and fierce competition from the US under President-elect Donald Trump. The Labour government in Britain has promised to make the country a […] source: https://www.cryptopolitan.com/britain-to-take-on-us-as-a-global-crypto-hub/

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.

BNB's derivatives market activity has also spiked, with 301% volume growth and a 40% open interest increase, supporting the recent rally. source: https://cryptopotato.com/bnb-overtakes-solana-to-secure-5th-spot-by-market-cap-after-historic-rally/

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/

A trader turned $1,200 into $10 million with Tron Bull (BULL) in three days, but the value soon fell by 60%, leaving them with $4.3 million. This dramatic rise and fall highlight the volatile nature of meme coins, as Tron-based tokens like BULL, SUNDOG, and SUNCAT show fluctuating prices and declining values.