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1Bitget Daily Digest (7.2)｜U.S. Senate Passes “Big and Beautiful” Act, No Crypto Tax Benefits; Public Companies Accumulate $TAO and $SOL2Figma Allocates $100 Million to Bitcoin in Treasury Shift3Bitcoin’s Realized Market Cap Shows Strong Underlying Demand
The Rise of $XYZ: Could it Surpass CHILLGUY as the Next Crypto Sensation?
CryptoNews·2024/12/03 21:00
Bitcoin Mining Pool Foundry Reportedly Reduces Workforce by 60%
Foundry has laid off 60% of its workforce, cutting non-core roles amid rising Bitcoin mining difficulty and DCG’s push into AI projects.
BeInCrypto·2024/12/03 20:11
Namada Launches Mainnet, Introducing Shielded Cross-Chain Transactions
CryptoNewsFlash·2024/12/03 19:11
5 Best Altcoins to Buy Now December 3 – The Sandbox, Zcash, TRON, Uniswap
Insidebitcoin·2024/12/03 18:55
Bitcoin price weakens, but BTC derivatives remain healthy
Cointime·2024/12/03 16:39
Bitcoin Mining Revenue Rises as Public Firms Reap Sizable Stock Gains: JP Morgan
Cointime·2024/12/03 16:39
Bitcoin and Markets Set for Historic Rally, Predicts Analyst
Cryptodnes·2024/12/03 16:33
Bitcoin surpasses $100,000 milestone in continued crypto optimism following Trump’s victory
Quick Take Bitcoin rose over 4% in the past 24 hours, surpassing $100,000 level at the time of writing. The world’s largest cryptocurrency by market cap has been hitting new all-time highs, fueled by positive market sentiment following Donald Trump’s election victory.
The Block·2024/12/03 16:00
Flash
- 17:01Bitcoin surpasses Google parent company Alphabet, reclaiming sixth place in global asset market capitalization rankingsAccording to the latest data from 8marketcap, as reported by Jinse Finance, Bitcoin has surpassed Google’s parent company Alphabet, reclaiming the sixth spot in global asset market capitalization rankings. Currently, Bitcoin’s market cap has reached $2.179 trillion, with a 24-hour increase of 3.17%, while Alphabet’s market cap is approximately $2.164 trillion, with a 24-hour increase of 1.15%.
- 16:58A whale address liquidates its 10x ETH short position, incurring a loss of $3.27 millionAccording to ChainCatcher, Onchain Lens monitoring shows that a certain whale address closed its 10x leveraged ETH short position, incurring a loss of $3.27 million. In the last two ETH trades, this whale has suffered a total loss of $6.83 million.
- 16:58Current funding rates on major CEXs and DEXs indicate the market has largely returned to neutralityAccording to ChainCatcher, Coinglass data shows that the current funding rates on major CEXs and DEXs have largely returned to neutral, with the market no longer exhibiting a clear bullish or bearish bias. The specific funding rates for major cryptocurrencies are shown in the attached chart. ChainCatcher note: Funding rates are fees set by cryptocurrency trading platforms to maintain balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. This is a mechanism for capital exchange between long and short traders; the trading platform does not collect this fee. It is used to adjust the cost or yield of holding contracts, keeping contract prices close to those of the underlying assets. When the funding rate is 0.01%, it represents the benchmark rate. If the funding rate is higher than 0.01%, it indicates a generally bullish market sentiment. If the funding rate is below 0.005%, it indicates a generally bearish market sentiment.