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01:47

Kalshi becomes the official prediction market partner of CNN, accelerating the entry of prediction data into mainstream media.

The prediction market platform Kalshi announced today that it has officially become CNN's official prediction market partner, with its real-time event probability data fully integrated into CNN's programming and news reporting processes. According to Kalshi's statement, CNN's newsroom, data team, and production team will be able to directly access Kalshi's real-time predictive data on future cultural, political, and social events, providing more forward-looking reference indicators for program content. Under the leadership of CNN's chief data analyst Harry Enten, Kalshi's data will appear in multiple programs as an important basis for supplementary analysis. In addition, CNN will introduce a new real-time prediction market data ticker provided by Kalshi, allowing viewers to sync the latest changes in the prediction market while watching the programs.
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01:29

Ethereum futures volume has surpassed Bitcoin for the first time on the Chicago Mercantile Exchange.

According to ChainCatcher news reported by Markets.com, Ethereum futures volume has surpassed Bitcoin on the CME for the first time, triggering speculation in the market about Ethereum entering a Supercycle. CME Equity and Crypto Products Director Priyanka Jain pointed out that the volatility of Ether options is currently higher than that of Bitcoin, which attracts more traders to enter the market, boosting futures activity. This July
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ETH8.71%
BTC7.36%
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23:59

Zhongjin: The certainty of loose trading in early December is higher.

According to ChainCatcher news, Jin10 reports that the China International Capital Corporation (CICC) research report points out that considering the possibility of a shift in the Fed's interest rate cut pace in 2026, it is expected that the variables of US dollar liquidity and market environment will increase after the December FOMC meeting. Weaker US growth employment data and speculation about the next Fed chair candidate may raise expectations for interest rate cuts, while current officials' concerns about inflation may suppress those expectations. Therefore, it is believed that the certainty of easing trades is higher in early December, which will be more favorable for the performance of various assets.
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17:41

Amazon launches custom AI chip Trainium3, NVIDIA faces a new round of competition.

Golden Finance reported that Amazon Web Services has publicly launched its custom artificial intelligence chip, Trainium3. The company stated that the chip's computing speed is four times that of the previous generation of AI chips. Compared to systems using equivalent GPUs, the Trainium3, produced by AWS's Annapurna Labs custom chip design business, can drop the cost of training and operating AI models by up to 50%. These chips are designed to provide more powerful computing power for software developers like Dean Litesdorf, co-founder and CEO of AI video startup Decart. Litesdorf said that after testing several competing chips, including those from NVIDIA, his company made breakthroughs on Trainium3. The launch of Trainium3 is the latest offensive against NVIDIA, which dominates the GPU market, with an increasing number of people.
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11:59

Bitcoin valuation indicator prediction: The probability of Bitcoin price recovery in 2026 is 96%.

PANews, December 2nd news, according to Cointelegraph, the price of Bitcoin has currently dropped 31.4% from the historical high of $126,000 reached on October 6th. This pullback has caused the BTC price to fall below its network value (Metcalfe's value) for the first time in two years. Economist Timothy Peterson states that historically, this often indicates a recovery for Bitcoin. Metcalfe's Law indicates a positive correlation between BTC price and the rise in active addresses and volume (i.e., network value); the more wallets and transactions there are, the higher the fair price. This divergence between price and network value indicates that Bitcoin is undervalued relative to the continuously expanding network, a situation that usually occurs after excessive speculation. Peterson posted on X platform on Tuesday, stating that while it does not mean the price has hit bottom, it indicates that most of the leverage has been cleared and the "bubble" has burst. He also added that the Metcalfe price
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BTC7.36%
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11:54

Aethir releases a strategic roadmap for the next 12 months to accelerate the rise of global enterprise-level AI Computing Power business.

Odaily News Decentralization GPU cloud computing platform Aethir officially announced its strategic roadmap for the next 12 months, focusing on global GPU infrastructure expansion, chain migration, strategic computing power reserve (SCR) implementation, developer ecosystem upgrades, and institutional-level computing power access, among other directions. The roadmap highlights include: Q4 2025: Expanding GPU inventory (H200/B200/B300), promoting more enterprise computing power contracts, and releasing RWA financial solutions and the 2025 annual review. Q1 2026: Launching Aethir v2 Mainnet, Proof-of-Compute upgrade, ATH Vault enhancement, Cloud Credits API release, and officially completing chain migration. Q2 2026: Strategic computing power reserve welcomes opportunities.
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ATH14.43%
10:00

Gold prices fell as U.S. Treasury yields strengthened, with the market focusing on U.S. economic data.

Odaily News Gold prices fell on Tuesday from a more than six-month high, with Spot gold losing the $4200 per ounce mark during the day. This was partly due to the rise in U.S. Treasury yields and profit-taking that weighed on prices, while investors awaited U.S. economic data to assess the Fed's policy path. The Benchmark 10-year U.S. Treasury yield remained near a two-week high, diminishing the appeal of non-yielding assets like gold. KCM Trade chief market analyst Tim Water noted: "Gold has performed weakly today, but the fundamentals remain unchanged— including the expected Fed rate cuts, which should support gold prices from a yield perspective." Market sentiment is cautious, with expectations that the core PCE price index, a favored inflation indicator by the Fed, will remain moderate when released on Friday. Additionally, key U.S. data this week includes the November ADP employment report on Wednesday. (Jin10)
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09:33

The $11 billion valuation prediction market giant Kalshi issues tokenized prediction contracts on the Solana network.

The prediction market giant Kalshi, valued at $11 billion, recently launched tokenized betting contracts on the Solana blockchain. Users can now buy and sell event contracts for the U.S. elections, sports events, and more on-chain, participating in the prediction market in the form of tokens. Kalshi's crypto head, John Wang, stated that this move aims to leverage the liquidity of crypto users and allows third-party developers to build new front-end interfaces, utilizing Kalshi's existing liquidity pools. The DeFi protocols Jupiter and DFlow will also connect Kalshi's order book with Solana on-chain trading, providing users with greater privacy protection and enhancing competitiveness against rivals such as Polymarket.
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SOL11.11%
09:21

Trump supports the encryption company Alt5 Sigma, which is under investigation for allegedly violating SEC regulations.

The crypto assets company Alt5 Sigma, supported by Trump, is under investigation for possibly violating SEC regulations. The company was previously reported to have issues such as insufficient information disclosure and improper handling of executive changes, raising regulatory concerns. The investigation is focused on the resignation of the auditor and the delay in financial reports. Forbes reported that Alt5 Sigma's independent auditor William Hudgens resigned on November 21, but he stated that he had informed the company as early as the end of June and planned to stop services after the submission of the second quarter financial report. More troubling is that the company has yet to submit its third quarter financial report, partly due to the accounting firm's delayed response. According to SEC regulations, listed companies must disclose relevant information within four business days after an external auditor resigns, and the auditor must also review the interim data of the quarterly report. Delayed reports may raise questions from regulatory agencies.
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WLFI5.43%
08:40

PIPPIN (pippin) rose 55.39% in the last 24 hours

Gate News Bot news, December 2nd, according to CoinMarketCap data, as of the time of writing, PIPPIN (pippin) is currently priced at $0.22, with a rise of 55.39% in the last 24 hours, reaching a high of $0.22 and a low of $0.04. The current market capitalization is approximately $216 million, an increase of $77.1 million compared to yesterday. Pippin is a project dedicated to creating gentle miracles and intangible connections, with the philosophy of nurturing beauty through kind words. The project includes a token, a unicorn character named Pippin, and a technological framework built based on BabyAGI experiences. Pippin emphasizes that every small act of kindness can resonate more harmoniously between two worlds. Important news about PIPPIN recently: 1️⃣ **Large holders cashing out for profit**
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PIPPIN11.54%
08:24

BitMine increased its holdings by 23,773 ETH over three days, investing $70 million to position itself for a potential Ethereum rebound.

BitMine Immersion Technologies has accumulated a total of 23,773 Ether over the past three days, worth approximately $70 million, further solidifying its position as the largest enterprise-level ETH holder in the market. This round of operations includes the purchase of 7,080 ETH yesterday and an additional 16,693 ETH bought over the weekend, bringing its total open interest to over 3.7 million, accounting for more than 3% of the total supply of Ethereum. According to Lookonchain's on-chain tracking data, BitMine has recently been continuously increasing its holdings through FalconX, and the buying power for Ethereum has been particularly prominent during the recent turbulent market conditions. The company has previously stated that its long-term goal is to hold 5% of the total supply of Ethereum, and it has currently achieved about 63%. In just November, BitMine accumulated nearly 150,000 ETH in the face of continuous price corrections, demonstrating a long-term optimism for this asset.
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ETH8.71%
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08:03

Unlimit launched Stable.com, creating a decentralized stablecoin clearing platform.

Fintech company Unlimit announced on Tuesday the launch of Stable.com, a decentralized clearing platform specifically designed for stablecoins. The platform integrates non-custodial stablecoin exchanges with global fiat withdrawal channels, aiming to provide users with a more convenient trading experience. Stable.com allows users to trade between mainstream stablecoins without paying gas fees or commissions, while fully controlling their funds. By connecting a decentralized channel to Unlimit's global payment network, users can exchange local currencies in over 150 markets and more than 1000 payment methods, eliminating friction and custody risks associated with traditional crypto platforms.
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07:49

XRP and Bitcoin support is precarious, Nasdaq top signals raise concerns.

This week, the payment-focused Crypto Asset XRP fell more than 6%, touching the key support level of $2, which has become a short positions fatigue zone since December of last year. If this support is broken, investors may accelerate dumping, leading to further price dips. Currently, the price still holds the support, and to turn bullish, it needs to break the descending trend line since July (around $2.50). Bitcoin is also under pressure, currently hovering near three key support levels: the continuously rising trend line from 2023 to 2024, the 100-week SMA, and the 38.2% Fibonacci retracement level from the bear market low at the end of 2022 to the recent historical high of $126,000. If these supports are broken, attention will turn to the low point close to $74,500 in April and about $70,000 below the peak of the 2021 bull market. If bulls want to maintain confidence in the bull market, they need to reclaim the 50-week moving average (approximately $102,252).
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XRP8.45%
BTC7.36%
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07:46

Grayscale: Bitcoin will reach a new high in 2026, and a pullback of over 25% is common during a bull run.

BlockBeats news, on December 2, Grayscale Research stated in its latest report that Bitcoin could reach a new high in 2026, countering market concerns that Bitcoin will enter a prolonged period of low performance. Grayscale pointed out that while long-term investors have historically been able to benefit from fluctuations, they often also have to "endure sometimes quite challenging pullbacks." It is common for pullbacks of 25% or more to occur during a bull run, and it does not necessarily indicate the start of a long-term downtrend.
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BTC7.36%
07:44

BlackRock executives claim that blockchain tokenization will drive transformation in financial infrastructure, with BUIDL reaching $2.3 billion.

BlackRock executives stated that the financial system is undergoing the largest infrastructure transformation since the emergence of electronic information technology in the 1970s, driven by blockchain-based tokenization technology. CEO Larry Fink and COO Rob Goldstein pointed out in an Economist column that the financial industry is "entering the next major transformation phase of market infrastructure," with tokenization expected to transfer assets in a faster and more secure manner. Tokenization records ownership of assets on a digital ledger, enabling trading and settlement of assets such as stocks, bonds, and real estate without the need for traditional intermediaries. BlackRock believes that this technology can expand the range of investable assets and achieve instant settlement, while replacing manual processes and customized settlement methods. Executives emphasize that tokenization will not immediately replace existing systems, but will serve as a "bridge" connecting traditional institutions with digital innovators.
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07:29

Grayscale predicts that Bitcoin may reach an all-time high in 2026, challenging the four-year cycle theory.

The latest report from Grayscale Research shows that Bitcoin is expected to reach a new all-time high in 2026, contrasting with the traditional four-year cycle theory. This theory suggests that Bitcoin prices experience significant pullbacks after each Halving cycle, but Grayscale analysts point out that this bull run has not seen the parabolic rise typical of previous cycles, with institutional funds more concentrated in ETFs and digital asset treasury rather than retail investor spot trading. Since the beginning of October, Bitcoin has experienced a volatility drop of 32%, with prices remaining low for most of November, but recently rebounding to around $86,900. Grayscale indicated that a pullback of 25% or more is not uncommon in a bull run and does not necessarily mean that the long-term trend will turn bearish.
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BTC7.36%
ETH8.71%
05:27

ORCA (Orca) has pumped 12.61% in the last 24 hours.

Gate News Bot message, December 02, according to CoinMarketCap, as of the time of writing, ORCA (Orca) is currently priced at $1.35, with a rise of 12.61% in the last 24 hours, reaching a high of $2.12 and a low of $1.05. The 24-hour volume has reached $55.7 million. The current market capitalization is approximately $80.9 million, an increase of about $9.06 million compared to yesterday. Orca is a decentralized trading platform based on the Solana blockchain. The platform offers liquidity staking services, allowing users to stake ORCA tokens to earn xORCA and share in protocol fee distributions. Orca has also launched a trading alert feature aimed at providing users with a more convenient trading experience. Important news about ORCA recently: 1️⃣ **Solana Policy Research Institute Proposes Security Tokenization Framework
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ORCA3.41%
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05:05

Bitcoin's big dump in December triggers panic: Analysts say it is still a bull run pullback rather than the start of a Bear Market.

Bitcoin's sudden big dump on December 1st intensified market panic, making investors more cautious as the year comes to a close. Over the past month, Bitcoin has fallen by about 7%, pulling back approximately 31% from the all-time high of $126,080 set in October, highlighting the market's vulnerability. Multiple experts told Decrypt that the current crypto market is extremely sensitive to negative news, while positive factors struggle to boost prices or sentiment. Caladan's research director, Derek Lim, pointed out that Bitcoin may experience high volatility and fluctuate between $83,000 and $95,000 in the short term. He emphasized that this still constitutes a healthy pullback within a bull market, rather than entering a bear market.
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BTC7.36%
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03:51

RLUSD is more favored by Ethereum: 82% of Ripple stablecoin supply flows to the EVM ecosystem, while XRPL faces structural disadvantages.

Ripple's stablecoin RLUSD has rapidly expanded one year after its issuance, with a total supply reaching $1.26 billion. However, 82% (approximately $1.03 billion) is deployed on Ethereum, while the native XRP ledger (XRPL) only supports $235 million, indicating a clear market preference for Ethereum's more mature Decentralized Finance ecosystem. Ethereum has a strong liquidity in USD and a stablecoin system, with leading protocols like Aave, Curve, and Uniswap allowing RLUSD to seamlessly integrate into the existing financial infrastructure. Currently, the USDC/RLUSD pool on Curve has approximately 74 million USD in liquidity, providing a low-slippage environment for institutional trading, arbitrage, and yield strategies. Therefore, for institutional investors with larger capital sizes, Ethereum is a more efficient and deeper choice.
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ETH8.71%
XRP8.45%
AAVE12.78%
CRV1.92%
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03:46

The Central Bank of Sweden released a research report on stablecoin policy, indicating that the regulatory paths of the US and Europe are gradually becoming more aligned.

PANews, December 2 - The Riksbank of Sweden has released a research report indicating that despite different regulatory frameworks, there is a gradual substantive convergence in stablecoin policies between Europe and the United States. The report focuses on three major dimensions of central bank policies: whether to allow stablecoin issuers access to settlement systems, whether central bank reserves can be used as collateral, and whether liquidity support can be obtained. Currently, while the law in both Europe and the U.S. permits the use of central bank reserves, there are still operational limitations. The European Central Bank has allowed some non-bank payment institutions to hold central bank account balances for transaction flows, but has not opened up the use of stablecoin backing.
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03:22

If Bitcoin surges to $96,900, it may trigger a $9.6 billion short positions liquidation risk.

According to the latest liquidation map data, if the price of Bitcoin rises to $96,900, approximately $9.6 billion in short positions will face liquidation risk. This means that once the market experiences a strong rebound, it could trigger a large-scale short position closing wave, further amplifying price fluctuations. As of the time of writing, Bitcoin is priced at approximately $86,583, having slightly rebounded after earlier dropping below $84,000. The recent increase in Bitcoin's fluctuation is closely related to the rising leverage usage in the derivatives market. More and more traders are betting on price direction in a high-leverage environment, making the market more sensitive to short-term fluctuations.
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BTC7.36%
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02:49

BLES (Bless) rose 13.68% in the last 24 hours.

Gate News Bot news, on December 2nd, according to CoinMarketCap, as of the time of writing, BLESS is currently priced at $0.01, with a rise of 13.68% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $27.3 million, an increase of $3.28 million compared to yesterday. Bless is the world's first shared computing network. Users can share idle computing resources by installing a Chrome extension or a desktop quick launch installer. Bless matches users' devices and preferences with computing tasks in a trustless, transparent, and verifiable process. The longer users are online, the more workloads they support, and the more rewards they earn. Bless provides computing resources for various application scenarios, including work, AI, gaming, and research.
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BLESS-0.83%
01:49

BAND (Band) has pumped 16.12% in the last 24 hours.

Gate News Bot news, December 2, according to CoinMarketCap data, as of the time of writing, BAND (Band) is currently priced at 0.47 USD, with a rise of 16.12% in the last 24 hours, peaking at 0.51 USD and dropping to a low of 0.37 USD. The current market capitalization is approximately 791,000 USD, an increase of 1,100,000 USD from yesterday. BAND is a unified data layer for AI and Web3. As a community-driven data platform, BAND has been committed to the security of on-chain data since 2018. It provides real-time financial data connections for Web3 applications, offers the latest information and AI knowledge updates to LLMs through Data Hunters, and provides verifiable randomness for games. BAND currently supports over 40 chains, has more than 11 data sources, and over 70 validators, with a total lock-up.
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BAND-9.47%
14:28

Benchmark Report: No need to worry about the solvency of the Strategy.

Wall Street broker Benchmark believes that the concerns about the pullback in Bitcoin prices affecting the Holdings of Large Investors is market noise. Analysts pointed out that its asset structure is more robust and reaffirmed a "buy" rating on the stock with a target price of $705.
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BTC7.36%
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14:04

US public company Massimo launches Bitcoin strategic reserve, planning to invest no more than 10% of its total assets in BTC over the next 5 years.

ChainCatcher news, Nasdaq-listed company Massimo announced that its board has approved the inclusion of Bitcoin (BTC) in the company’s long-term treasury reserve strategy and has begun preliminary purchases. Subsequent holdings information will be disclosed in the 8-K form submitted to the U.S. Securities and Exchange Commission (SEC). The company stated that it will invest no more than 10% of its total assets in BTC over the next five years.
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BTC7.36%
11:48

Insiders: Trump trusts Hassett, and both are aligned in their desire for aggressive rate cuts.

Odaily News Sources say that Trump trusts Hassett and believes that he is aligned with him on the desire to push the Central Bank for more aggressive interest rate cuts. Hassett has stated that he would accept the position if invited. Last week, U.S. Treasury Secretary Becerra, who is overseeing the selection process, indicated that Trump might announce his nominee before the Christmas holiday. Other finalists besides Hassett include Federal Reserve Board of Governors member Christopher Waller, Michelle Bowman, former Federal Reserve Board member Kevin Warsh, and BlackRock's Rick Rieder. Trump has also frequently expressed a desire for Becerra to serve as chairman, but Becerra has repeatedly declined.
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10:58

Bitcoin maintains an upward trend after a short-term adjustment, analysts expect a breakthrough of the resistance level could hit 100,000 USD.

Crypto analyst Michaël van de Poppe pointed out that the fall of Bitcoin at the beginning of December is a normal adjustment in the market consolidation, rather than a trend weakness. This wave of decline is mainly influenced by algorithmic trading, lack of liquidity, and the testing of key resistance levels. Van de Poppe stated that the price fluctuations in early December are in line with historical patterns. With the automation trading systems resetting, short-term selling pressure has emerged, especially in the case of weak liquidity, where even moderate sell orders could trigger a price fall. The weakening market liquidity is related to the previous large-scale sell-off, during which many market makers reduced trading activities, resulting in the current market being more sensitive to selling pressure.
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BTC7.36%
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09:24

The founder of the Singapore Crypto Assets trading platform Tokenize Xchange has been sued by users, claiming damages of 60.5 million USD.

According to ChainCatcher news reported by Techinasia, more than 270 former users of Tokenize Xchange have filed a lawsuit against the platform's founder Hong Qi Yu and his wife Erin Koo, seeking $60.5 million in compensation for alleged fraudulent misappropriation of customer assets. Tokenize Xchange is a cryptocurrency platform based in Singapore, operated by AmazingTech, which shut down after the Monetary Authority of Singapore rejected its digital payment token license application in July 2025. A report from the court-appointed interim judicial manager stated that AmazingTech owes customers approximately $266.3 million but only holds $2.6 million in assets. The lawsuit was filed in the Singapore High Court, claiming that Hong and
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07:58

BTC and ETH have fallen by over 20% in the monthly period, with 10 of the top 100 coins experiencing a decline of over 40%.

PANews December 1st news, according to SoSoValue data, in the past month, BTC has fallen by 21.41%, and ETH has fallen by 26.68%. In the past month, among the top 100 crypto assets by market capitalization, 10 coins have fallen by more than 40%, including: Virtuals Protocol (VIRTUAL): fall 55.60%, current price 0.8142 USD. IP Story (IP): fall 49.00%, current price 2.29 USD; Pudgy Penguins (PENGU): fall of 46.59%, currently priced at 0.00971 USD; Bittensor (TAO): down 45.94%, current price 268.8 USD; Aptos
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BTC7.36%
ETH8.71%
VIRTUAL15.86%
IP4.9%
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07:57

GRIFFAIN (GRIFFAIN) rose 21.11% in the last 24 hours.

Gate News Bot news, on December 1st, according to CoinMarketCap data, GRIFFAIN (GRIFFAIN) is currently priced at 0.02 USD, with a rise of 21.11% in the last 24 hours, reaching a high of 0.02 USD and a low of 0.01 USD. The current market capitalization is approximately 194,000 USD, an increase of nearly 33,800 USD compared to yesterday. Currently, GRIFFAIN ranks 744th in the global crypto assets market capitalization. Important news about GRIFFAIN recently: 1️⃣ **Large traders' profits attract market attention** A well-known trader successfully profited $427,600 on GRIFFAIN, showcasing the project's profit potential. This successful trade may attract more investors' attention to GRIFFAIN, driving its price rise. 2️⃣ **
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GRIFFAIN-6.31%
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07:23

Musk: AI can solve the U.S. debt crisis within three years.

Golden Finance reported that Musk said in a conversation with investor and podcast host Nikhil Kamath released on Sunday that the only way for the U.S. to escape its deepening fiscal predicament is through productivity driven by AI and Bots. Musk stated that this is almost the only way to solve the U.S. debt crisis. He added that this is likely to bring about significant deflation. According to data from the U.S. Department of the Treasury, as of November 26, the national debt of the United States has reached $38.34 trillion, more than double what it was ten years ago. Musk stated that AI currently does not have sufficient productivity improvements to make economic output exceed the inflation rate, but this is about to change. He said that within three years or less, his judgment is that the output of goods and services will exceed the rate of inflation. Musk stated that advancements in AI and Bots technology will bring humanity into an era where work becomes optional.
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07:19

Société Générale: The Fed will cut interest rates twice again next year, and there is still room for a decline in US Treasury yields.

According to ChainCatcher news and Jin10 reports, a rate strategist at Societe Generale stated in a report that the upcoming economic data will continue to show the resilience of the US economy, persistent inflation, and a slight deterioration in the labor market conditions. Nevertheless, they expect the Fed to cut interest rates after the December meeting, with two more rate cuts expected next year, predicting that by the end of 2026, the yield on two-year Treasury bonds will stabilize and decline to 3.2%, and the yield on ten-year Treasury bonds will decline to 3.75%.
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03:27

The Fed will officially end quantitative tightening today.

According to Golden Finance, the Fed will officially end quantitative tightening (QT) today. It is reported that the Fed decided to end quantitative tightening (QT) starting from December 1, 2025, at the interest rate meeting on October 29, 2025. The Fed began tightening monetary policy in March 2022 and started to reduce its bond holdings in June 2022, which is quantitative tightening (QT). Since 2022, the Fed has withdrawn more than $2 trillion from the market. However, starting from December 1, the situation will change, and the Fed will stop withdrawing funds from the market.
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02:43

LSK (Lisk) rose 17.00% in the last 24 hours

Gate News Bot news, December 01, according to CoinMarketCap data, as of the time of writing, LSK (Lisk) is currently priced at $0.28, with a rise of 17.00% in the last 24 hours, reaching a high of $0.32 and a low of $0.17. The current market capitalization is approximately $61.9 million, an increase of $8.99 million compared to yesterday. Lisk is a growth platform for founders in emerging markets, combining local incubation projects, a $15 million fund, and an Ethereum-compatible Layer 2 network, aimed at helping founders build locally and achieve global expansion. Lisk Chain is designed for fast, low-cost transactions, integrating local deposit and withdrawal channels to make products more accessible, affordable, and scalable in rapidly developing regional economies. As part of the OP Superchain, Lisk Cha
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LSK-7.48%
ETH8.71%
OP11.59%
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02:21

PIPPIN (pippin) rose 75.23% in 24 hours

Gate News Bot news, on December 1st, according to CoinMarketCap data, PIPPIN (pippin) is currently reported at $0.18, with a pump of 75.23% in the last 24 hours, reaching a high of $0.19 and a low of $0.04. The current market capitalization is approximately $183 million, an increase of $78.5 million compared to yesterday. Pippin is a project dedicated to creating gentle miracles and intangible connections, based on the concepts of kindness and warmth. The project includes a token, a unicorn character named Pippin, and a technological framework built on the BabyAGI experience. Pippin aims to resonate more harmoniously between two worlds through small acts of kindness. PIPPIN recent important news: 1️⃣ **market capitalization rapid rise** The market capitalization of PIPPIN is
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PIPPIN11.54%
01:17

ETH (Ethereum) fell 5.28% in the last 24 hours.

Gate News Bot news, on December 1st, according to CoinMarketCap data, as of the time of writing, ETH (Ethereum) is currently priced at $2839.59, falling 5.28% in the last 24 hours, with a high of $3095.03 and a low of $2835.24. The 24-hour volume has reached $15.065 billion. The current market capitalization is approximately $342.726 billion, a decrease of $19.102 billion compared to yesterday. Ethereum is a leading innovative application and blockchain network platform. It provides the infrastructure for decentralized applications (DApps) and smart contracts, supporting various use cases including decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). Ethereum is committed to building a more open, permissionless, and innovative internet.
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ETH8.71%
01:11

The "Calm Order King" opened a new MON short order and took the opposite position after closing the long BTC and SOL positions earlier this morning.

According to BlockBeats, the trader "Calm Order King" has recently increased the position on BTC and short order for MON, with a holdings size of 2 million USD. This address has deposited 200,000 USD since the 27th, and the current total holdings amount to 2 million USD, with an account balance of 380,000 USD. Despite previously being profitable over 30 million USD, recent mistakes have resulted in a pullback of more than half of the total profit.
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MON6.31%
BTC7.36%
SOL11.11%
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00:12

CoinShares withdraws XRP, Solana, and Litecoin ETF applications, shifting towards a high-profit product strategy.

CoinShares withdrew its applications for XRP, Solana Staking, and Litecoin ETF on November 28, and will gradually close its Bitcoin futures leveraged ETF. The company is merging with Vine Hill Capital through a SPAC, expected to be completed by the end of the year, at which point it will become the fourth largest encryption ETF management company in the world. The CEO stated that they will shift towards more innovative and high-profit products.
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XRP8.45%
SOL11.11%
LTC8.36%
BTC7.36%
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00:03

Telegram founder: Decentralization AI computing network Cocoon officially launched

Telegram founder Pavel Durov announced that the decentralized confidential computing network Cocoon has been launched, supporting 100% private AI request processing. At the same time, GPU providers can earn TON tokens through this network, aimed at dropping AI computing costs and addressing privacy issues. In the future, the GPU supply will be expanded and more developers will be introduced.
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TON5.87%
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18:20

Musk: Grok is Open Source software, anyone can use it for free.

Golden Finance reports that Tesla CEO Elon Musk: Grok is Open Source software that anyone can use for free without paying royalties or even needing to credit the source. We only ask to correct any mistakes so that it can become more objective and accurate over time.
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17:58

Cryptoquant founder: The "fair value" of ETH in the valuation model is approximately $4,836.

Golden Finance reported that Ki Young Ju, founder and CEO of Cryptoquant, stated that out of 12 commonly used valuation models, 9 have underestimated the value of ETH. The "fair value" derived from all 12 valuation models is approximately $4,836, which needs to rise by more than 58% compared to the price at the time of writing. The reliability of each valuation model is rated on a three-tier scale, with three being the most reliable. Among the 12 models, 8 have a reliability of at least two tiers. "These models are constructed by authoritative experts from academia and traditional finance," Ju stated.
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ETH8.71%
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14:15

WBTC officially log in to JustLend DAO

According to ChainCatcher news, WBTC has officially logged in to JustLend DAO. Users can now deposit or borrow WBTC on the platform, unlocking more efficient asset strategies and diversified yield combinations. This move not only injects liquidity of top global crypto assets into the TRON ecosystem, expands the strategic dimensions of on-chain finance, but also provides community users with richer earning opportunities and more flexible asset portfolio choices.
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WBTC7.43%
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13:52

Beijing Business Today: The People's Bank of China has defined stablecoin for the first time, and industry analysis suggests it will not affect Hong Kong's stablecoin-related layout.

PANews reported on November 30 that the People's Bank of China recently held a meeting of the coordination mechanism for combating virtual money trading speculation. At this meeting, financial regulatory authorities defined stablecoins for the first time, clarifying that stablecoins are a form of virtual money. Currently, they cannot effectively meet the requirements for customer identification, AML, and other aspects, and there is a risk of being used for money laundering, fundraising fraud, and illegal cross-border fund transfers. The meeting reiterated the need to continue cracking down on illegal financial activities related to virtual money. However, industry insiders believe that this meeting will not affect the layout of stablecoins in Hong Kong, but speculation on stablecoins in mainland China will be severely suppressed. Moreover, relevant entities in the mainland will see their scope for future stablecoin layouts in Hong Kong shrink significantly, being more limited to practical application scenarios such as cross-border payments and supply chain finance.
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08:30

Vitalik: Memes are reshaping English, and the English internet has begun to form its own "idiomatic system".

Odaily News Ethereum founder Vitalik Buterin stated that memes and emojis are driving the English language towards a more "pictographic" evolution. English social media has even begun to form highly abstract expressions similar to Chinese idioms. He used the meme "leopard eats human face" as an example, saying that these types of memes no longer require text and can represent complex contexts with just an image, becoming emerging "deep meaning symbols" in the English system.
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ETH8.71%
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