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Quick Take South Korean crypto exchanges recorded over $34 billion in trading volume over the past 24 hours, during which the country’s president declared emergency martial law, only to be forced to lift it shortly afterward. The martial law was rescinded after lawmakers rushed to vote unanimously against it.
Whale’s 31x return on PEPE signals significant market interest and potential growth. PEPE’s current price recovery suggests a volatile but upward market trend. 2024 price predictions show PEPE could reach up to $0.0000457, with strong growth.
SUI targets $4.20 after breakout, with support at $3.34 and $3.02 holding strong. Solana eyes $309.63 after retracing, with key support at $222.65 to sustain momentum. SUI’s RSI nears overbought while Solana consolidates for a possible bullish rebound.
Cryptocurrency market capitalization surged 7.2% in early December. Altcoins have dominated the crypto market surge since November 2024. Analysts expect more altcoins to surge amid growing bullish momentum.
XRP surged 444% and Cardano 280% in the past 30 days. Santiment reports trader fatigue and quieter market sentiment after profit-taking. The absence of FOMO suggests these altcoins may continue their upward momentum.
Quick Take BlackRock’s IBIT spot bitcoin ETF has exceeded 500,000 BTC in assets under management less than a year after trading began. The fund is now approaching the $50 billion AUM mark following another $338.3 million worth of net inflows on Monday.
Stellar’s 459% price rally faces headwinds as RSI neutrality and Ichimoku Cloud patterns suggest indecision. Resistance at $0.56 looms.
Cardano has been quietly building while others have taken the spotlight in this bull market. That’s now changing
- 08:39The ETH band address completed the 19th round of transactions, making a profit of one million US dollars in a single dayAccording to on-chain analyst Yu Jing's monitoring, ETH swing traders have been selling off the 11,257.7 ETH they bought yesterday at an average price of $3560 today and converted it all into $41.07 million USDT 20 minutes ago. This round of trading was sold at an average price of $3649, making a single-day profit of $1 million. This address has completed a total of 19 rounds of swing trades, with profits in 15 rounds and losses in 4 rounds.
- 08:38The South Korean ruling party will hold a meeting tonight to discuss the response plan for the presidential impeachment caseOn December 4, the ruling party in South Korea, the People Power Party, will hold an emergency general meeting at 22:00 local time today (December 4) to discuss a response plan for the impeachment case against President Yoon Seok-youl proposed by the opposition party. This morning, the People Power Party held a three-hour general meeting to discuss three proposals put forward by Han Dong-hun, representative of the ruling party at the Supreme Committee: demanding collective resignation of cabinet members; investigating responsibilities of Defense Minister Kim Long-hyun and others; and requesting President Yoon Seok-youl to leave his party. However, no consensus was reached on Yoon's departure from his party. It is expected that discussions on related issues will continue within The People Power Party. It is reported that Prime Minister Han Deuk-soo of South Korea, Representative Han Dong-hun of the ruling party and Chief Whip Choo Kyung-Hwan jointly went to Presidential Office where they will have talks with President Yoon Seok-youl.(CCTV International News)
- 08:36Analyst: Ethereum's technical and fundamental aspects are in the best condition, predicting a rise to 5000 US dollarsOn December 4th, crypto analyst Ansem posted on social media: From a technical and fundamental analysis perspective, Ethereum is currently in the best state of this cycle: ETH/BTC has stabilized at the key support level of 0.03; The regulatory environment is improving, which may welcome ETF collateral products; The new generation Layer2 is about to go online, with Base and Virtuals performing strongly. It is expected that the price of Ethereum could break through $5000.
