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Despite a 10% price increase in October, Shiba Inu (SHIB) shows signs of potential correction as bearish trends emerge.
Ripple XRP’s trading volume rose significantly, and transaction costs on the network dropped as the firm saw a notable uptick in microtransactions.
Both U.S. presidential candidates recognize cryptocurrency’s importance, courting crypto voters with policies favoring digital asset freedom. Bitwise CIO Matt Hougan views elections as beneficial regardless of winner, highlighting cryptocurrency’s growing regulatory framework.
This week, Dogecoin rallied 20% amid strong demand, while Goatseus Maximus and Moo Deng faced sharp declines due to bearish trends.
- 02:24Belled ETHA has set the highest trading volume since its issuance, holding a total of 625,527 ETHAccording to Trader T's monitoring, BlackRock's ETHA set a record for the highest single-day trading volume since its issuance at 480 million US dollars, and its current total holdings are 625,527 ETH.
- 02:21The trading volume of stablecoins has soared to 1.8 trillion US dollars up until NovemberAccording to a report by CCData on November 27, as of November 25, the monthly trading volume of stablecoins surged by 77.5% to $1.81 trillion. This increase positions centralized exchanges to potentially reach a new annual high in monthly trading volume. The total market capitalization of stablecoins continued its 14-month rising trend, growing by 9.94% in November to $190 billion. This surpasses the previous historical high of $188 billion before the collapse of Terra's TerraUSD algorithmic stablecoin in April 2022. Despite this growth, the market share of stablecoins decreased from 7.22% in October to 5.54%, due to investors and traders diversifying their investments into Bitcoin and altcoins. USDT continues to show strong performance, with its market value increasing by 10.5% to $133 billion. USDT holds 69.9% of the overall market, followed by Circle's USDC, which grew by 12.1% in November to $38.9 billion, reaching its highest level since February 2023. Ethena Labs’ USDe also showed growth, with its market cap increasing by 42.2% to $3.86 billion.
- 02:17Arthur Hayes has switched ATH to ENA, accumulating 16.79 million ENA in the past two daysAccording to Lookonchain monitoring, Arthur Hayes has switched his ATH holdings to ENA. In the past 2 days, Arthur Hayes has accumulated 16.79 million ENA (11.21 million USD).
