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Back noted that the crypto community’s reaction to bitcoin’s latest rally to $73,000 was lackluster.
The meme coin market cracked a multi-year record in weekly trading volume amid explosive rallies. Shiba Inu led the meme coin market with a weekly trading volume of $31 billion. Shiba Inu’s trading volume last week surpassed the DOGE figures and Solana.
Ethereum Foundation’s Tim Beiko called Dencun one of the most complex forks since the Merge, with most EIPs implemented in a fork.
BTC price records keep coming with $74,000 on the table in advance of another day's Bitcoin ETF inflows
In the past 24 hours, many new popular tokens and topics have emerged in the market, which could potentially be the next wealth creation opportunity.
- 06:38The designer of the Russian digital ruble is about to resignThe Central Bank of Russia announced that its First Deputy Governor, Olga Skorobogatova, will resign on December 2. She had worked in the private sector until joining the central bank in 2014. Skorobogatova was responsible for overseeing the national payment system, IT and financial technology, including the digital ruble central bank digital currency (CBDC). Her position will be taken over by Zulfiya Kakhrumanova, the central bank's IT director. The first deputy governor Dmitry Tulin will be responsible for overseeing the national payment system.The digital ruble is planned to be widely launched in July 2025 when large banks will have an obligation to support CBDC. The second batch of banks originally planned to join this program in January 2024 but has not yet been realized as of October.
- 06:30World has over 17 million global usersOpenAI founder Sam Altman's World Project (formerly known as Worldcoin) announced in X that it has over 17 million users worldwide
- 06:29Jim Cramer favors BTC over MicroStrategy stocks: Bitcoin is the winnerCNBC "Mad Money" host Jim Cramer shared his views on Bitcoin and MicroStrategy stock (MSTR) this week. During the show, a caller told Cramer: "I've been holding this stock since 2023, and it's currently up over 1,000%. I don't plan to sell it. In fact, after the recent adjustment, I plan to buy more." Cramer commented on this: "I have to tell you that this is a Bitcoin game. I prefer actually owning Bitcoin." He mentioned that Citron recently shorted it to some extent and suggested: "All I can tell you is own Bitcoin. That's the winner."
