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CoinMarketCap Announcements

#CMCLive: Weekly Crypto Forecast 🎙️

📍 Set Reminder & Tune in:
https://coinmarketcap.com/community/post/343854558/

This Week's Hot Topics 🔥
🔹 Bitcoin ETFs hit record $3.12B inflows this week.
🔹 Historic pizza purchase now worth $978M in BTC.
🔹 SEC's Gensler to step down in January 2025.

... and more!

Exclusively on CMC Live 😉

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CoinMarketCap Announcements

Singapore Gulf Bank Targets $50 Million Investment for Stablecoin Acquisition
https://coinmarketcap.com/academy/article/singapore-gulf-bank-targets-dollar50-million-investment-for-stablecoin-acquisition

MediaSingapore Gulf Bank is reportedly aiming to raise at least $50 million to fund its acquisition of a stablecoin payments company by 2025.

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CoinMarketCap Announcements

Bitcoin Forecast Shows 85% Probability of Surpassing $100K by Year-End, Analysts Predict Further Gains
https://coinmarketcap.com/academy/article/bitcoin-forecast-shows-85percent-probability-of-surpassing-dollar100k-by-year-end-analysts-predict-further-gains

MediaBitcoin is edging closer to the symbolic $100,000 mark, with market forecasts suggesting it could surpass that milestone in 2024.

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CoinMarketCap Announcements

Dogecoin Surges to Three-Year High Amid Musk’s X Buzz, Before Retreating Alongside Bitcoin and Meme Coins
https://coinmarketcap.com/academy/article/dogecoin-surges-to-three-year-high-amid-musks-x-buzz-before-retreating-alongside-bitcoin-and-meme-coins

MediaDogecoin hit a three-year high of $0.48 on Nov. 23, 2024, fueled by growing speculation around Elon Musk’s X platform.

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CoinMarketCap Announcements

Wrapped Bitcoin Drops to $5,200 on Binance Amid Coinbase Delisting Plans and Custody Disputes
https://coinmarketcap.com/academy/article/wrapped-bitcoin-drops-to-dollar5200-on-binance-amid-coinbase-delisting-plans-and-custody-disputes

MediaOn Nov. 23, 2024, Wrapped Bitcoin (WBTC) experienced a sharp flash crash on the Binance exchange, with its price briefly dropping to $5,200.

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CoinMarketCap Announcements

Charles Schwab Plans Direct Crypto Investment Offerings Amid Regulatory Changes
https://coinmarketcap.com/academy/article/charles-schwab-plans-direct-crypto-investment-offerings-amid-regulatory-changes

MediaCharles Schwab, a prominent U.S. financial services firm, has announced intentions to offer clients direct investment opportunities in cryptocurrencies.

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CoinMarketCap Announcements

Bitcoin ETFs Shatter Records, Surpassing $100 Billion in Assets as Crypto Price Soars Towards $100K
https://coinmarketcap.com/academy/article/bitcoin-etfs-shatter-records-surpassing-dollar100-billion-in-assets-as-crypto-price-soars-towards-dollar100k

MediaBitcoin (BTC) has reached a new milestone, with U.S. Bitcoin exchange-traded funds (ETFs) surpassing $100 billion in assets.

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CoinMarketCap Announcements

BiT Global Accuses Coinbase of Delisting wBTC To Propel Rival cbBTC in Heated Crypto Battle
https://coinmarketcap.com/academy/article/bit-global-accuses-coinbase-of-delisting-wbtc-to-propel-rival-cbbtc-in-heated-crypto-battle

MediaBiT Global has accused Coinbase of suspending trading of Wrapped Bitcoin (wBTC) on Dec. 19 to boost its own Bitcoin wrapper, Coinbase Wrapped BTC (cbBTC).

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CoinMarketCap Announcements

Solana Surges Past $260 as Bitwise, VanEck and 21Shares Drive Institutional Confidence With ETF Filings
https://coinmarketcap.com/academy/article/solana-surges-past-dollar260-as-bitwise-vaneck-and-21shares-drive-institutional-confidence-with-etf-filings

MediaSolana's recent surge to over $260 marks a significant recovery from its low of $8 in late 2022.

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CoinMarketCap Announcements

Ethereum-Bitcoin Price Ratio Hits Lowest Level Since March 2021
https://coinmarketcap.com/academy/article/ethereum-bitcoin-price-ratio-hits-lowest-level-since-march-2021

MediaThe Ether-to-Bitcoin price ratio has fallen to 0.032, marking its lowest point since March 2021, as Bitcoin continues its upward trajectory, recently surpassing $97,700.

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CoinMarketCap Announcements

MicroStrategy Doubles Down on Bitcoin, Upsizes $2.6B Convertible Note To Fuel Its Crypto Empire as BTC Soars Past $96K
https://coinmarketcap.com/academy/article/microstrategy-doubles-down-on-bitcoin-upsizes-dollar26b-convertible-note-to-fuel-its-crypto-empire-as-btc-soars-past-dollar96k

MediaMicroStrategy has boosted the size of its convertible note offering to $2.6 billion, significantly higher than the initial $1.75 billion announced just days ago.

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CoinMarketCap Announcements

Crypto Revolution On Hold: SEC Pushes Franklin Templeton’s Bitcoin-Ethereum ETF Decision to 2025
https://coinmarketcap.com/academy/article/crypto-revolution-on-hold-sec-pushes-franklin-templetons-bitcoin-ethereum-etf-decision-to-2025

MediaThe U.S. Securities and Exchange Commission (SEC) has again delayed its decision on Franklin Templeton’s proposed Crypto Index ETF, setting a new deadline for Jan. 6, 2025.

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CoinMarketCap Announcements

Bitcoin Surpasses $97,000 as Traders Eye $100,000, Breaking Records and Fueling Market Optimism
https://coinmarketcap.com/academy/article/bitcoin-surpasses-dollar97000-as-traders-eye-dollar100000-breaking-records-and-fueling-market-optimism

MediaBitcoin has hit new all-time highs, surpassing $97,000 as it continues its impressive rise in 2024.

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CoinMarketCap Announcements

Robinhood Named Top “Crypto Deregulation Trade” Following Election Results
https://coinmarketcap.com/academy/article/robinhood-named-top-crypto-deregulation-trade-following-election-results

MediaAnalysts at Bernstein have identified Robinhood as the leading “crypto deregulation trade” following the recent U.S. elections.

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CoinMarketCap Announcements

BlackRock's Bitcoin ETF Options Soar to $1.9B on Debut, Fueling Bitcoin's Surge to New All-Time Highs
https://coinmarketcap.com/academy/article/blackrocks-bitcoin-etf-options-soar-to-dollar19b-on-debut-fueling-bitcoins-surge-to-new-all-time-highs

MediaBlackRock’s iShares Bitcoin Trust (IBIT) ETF options, launched on Nov. 19, 2024, saw an unprecedented $1.9 billion in notional exposure on its first day of trading.

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CoinMarketCap Announcements

Tomarket Farming Pool Launches for WizzWoods Rewards
https://coinmarketcap.com/academy/article/tomarket-farming-pool-launches-for-wizzwoods-rewards

MediaThe Tomarket Farming Pool has officially opened, allowing users to earn Silver rewards in WizzWoods, a new pixel farming game available on Telegram.

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CoinMarketCap Announcements

Solana Achieves Record DEX Volume Exceeding $100 Billion in November
https://coinmarketcap.com/academy/article/solana-achieves-record-dex-volume-exceeding-dollar100-billion-in-november

MediaThe Solana network reported over $109 billion in decentralized exchange (DEX) trading volume for November 2023, marking the first time it has surpassed the $100 billion threshold.

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CoinMarketCap Announcements

Bitcoin ETFs Attract $2.4B in Inflows as China ETFs Face Historic $2B Outflows Amid Economic Turmoil
https://coinmarketcap.com/academy/article/bitcoin-etfs-attract-dollar24b-in-inflows-as-china-etfs-face-historic-dollar2b-outflows-amid-economic-turmoil

MediaBitcoin exchange-traded funds (ETFs) saw significant inflows during the week of Nov. 18-22, as investors moved $2.42 billion into spot Bitcoin ETFs.

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CoinMarketCap Announcements

Bitcoin Drops to $96,256 After Failing To Break $100K, Triggering $500M in Liquidations
https://coinmarketcap.com/academy/article/bitcoin-drops-to-dollar96256-after-failing-to-break-dollar100k-triggering-dollar500m-in-liquidations

MediaBitcoin’s price has fallen to $96,256, retreating from its recent high of $99,645 achieved on Nov. 22.

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CoinMarketCap Announcements

Notcoin Launches Not Pixel Battle Art Competition on Telegram
https://coinmarketcap.com/academy/article/notcoin-launches-not-pixel-battle-art-competition-on-telegram

MediaNotcoin, a Telegram-based gaming platform, has announced the launch of the Not Pixel Battle art competition, set to take place from Nov. 18-30.

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CoinMarketCap Announcements

Trump Media Explores Crypto Ventures With New Trademark Filing
https://coinmarketcap.com/academy/article/trump-media-explores-crypto-ventures-with-new-trademark-filing

MediaTrump Media and Technology Group (TMTG) has filed for a trademark for "TruthFi," indicating possible plans to enter the crypto market.

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CoinMarketCap Announcements

XRP Soars 25% to 3-Year High as SEC Chair Gary Gensler Resigns, Sparking Hope for Ripple’s Legal Victory and Market Growth
https://coinmarketcap.com/academy/article/xrp-soars-25percent-to-3-year-high-as-sec-chair-gary-gensler-resigns-sparking-hope-for-ripples-legal-victory-and-market-growth

MediaXRP has surged over 25% in the past 24 hours, reaching its highest level since May 2021.

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CoinMarketCap Announcements

SEC Chair Gary Gensler to Depart in January 2025 as Trump Prepares Pro-Crypto Leadership Overhaul
https://coinmarketcap.com/academy/article/sec-chair-gary-gensler-to-depart-in-january-2025-as-trump-prepares-pro-crypto-leadership-overhaul

MediaGary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), has announced his resignation, effective Jan. 20, 2025, coinciding with President-elect Donald Trump’s inauguration.

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CoinMarketCap Announcements

Hamster Kombat Plans Comeback Amid Drop in Monthly Active Users
https://coinmarketcap.com/academy/article/hamster-kombat-plans-comeback-amid-drop-in-monthly-active-users

MediaWeb3 game Hamster Kombat is strategizing a return as it faces a significant decline in monthly active users (MAUs).

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CoinMarketCap Announcements

Monkey Tilt Secures $30 Million in Series A Funding Led by Pantera Capital
https://coinmarketcap.com/academy/article/monkey-tilt-secures-dollar30-million-in-series-a-funding-led-by-pantera-capital

MediaMonkey Tilt, a crypto casino gaming platform launched in March 2023, has successfully raised $30 million in a Series A funding round.

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CoinMarketCap Announcements

Grayscale Revamps Bitcoin and Ethereum ETFs With Major Reverse Share Splits, Boosting Prices and Investor Flexibility
https://coinmarketcap.com/academy/article/grayscale-revamps-bitcoin-and-ethereum-etfs-with-major-reverse-share-splits-boosting-prices-and-investor-flexibility

MediaGrayscale Investments has completed reverse share splits for its Bitcoin Mini Trust ETF and Ethereum Mini Trust ETF, effective from Nov. 19, 2024.

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CoinMarketCap Announcements

Floki's Market Surge Accelerates as Coinbase Announces Listing, Following a Massive Rally in Meme Coins
https://coinmarketcap.com/academy/article/flokis-market-surge-accelerates-as-coinbase-announces-listing-following-a-massive-rally-in-meme-coins

MediaFloki (FLOKI), the Ethereum-based meme coin, saw a significant surge in trading volume after Coinbase confirmed it would list the token.

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CoinMarketCap Announcements

Russia To Implement Temporary Ban on Crypto Mining in Select Regions
https://coinmarketcap.com/academy/article/russia-to-implement-temporary-ban-on-crypto-mining-in-select-regions

MediaRussian authorities are set to impose a temporary ban on crypto mining in several regions, including some occupied territories in Ukraine.

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CoinMarketCap Announcements

Howard Lutnick, Crypto Powerhouse and Cantor Fitzgerald CEO, Tapped as Trump’s Commerce Secretary To Shape Trade and Tech Policy
https://coinmarketcap.com/academy/article/howard-lutnick-crypto-powerhouse-and-cantor-fitzgerald-ceo-tapped-as-trumps-commerce-secretary-to-shape-trade-and-tech-policy

MediaOn Nov. 19, 2024, President-elect Donald Trump announced Howard Lutnick, CEO of Cantor Fitzgerald, as his choice for Secretary of Commerce.

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CoinMarketCap Announcements

Dogecoin Traders Face Massive Liquidations as Shorts Get Rekt Amid Surge in Meme Coin Momentum
https://coinmarketcap.com/academy/article/dogecoin-traders-face-massive-liquidations-as-shorts-get-rekt-amid-surge-in-meme-coin-momentum

MediaDogecoin (DOGE) saw a sharp price spike on Tuesday, rising to nearly $0.42, following Bitcoin’s record-breaking surge past $94,000.

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