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Analysts at Bernstein said that despite ether’s underperformance this year, its fundamentals look strong, and the risk-reward ratio is now attractive.The potential for staking yields to be approved for spot Ethereum exchange-traded funds under Trump, the recent inflection in ETF inflows, favorable demand-supply dynamics, and a surge in activity on the blockchain were outlined as factors driving a revival of interest.
Starting December on a high note, an influx in trading volume has sent Shiba Inu’s token-burning mechanism into overdrive, axing over 52.3 million SHIB and stoking rally hopes.
Wood believes regulatory changes focusing on crypto and AI will be highly impactful.
Analysts attribute XRP's strength to reports of NYDFS nearing approval for Ripple's RLUSD stablecoin, set for a potential Dec. 4 launch.
“Microsoft can’t afford to miss the next technology wave, and Bitcoin is that wave,” Michael Saylor pitched to the tech giant.
- 08:16Sci-Hub founder tests tweet impact on Meme Token $scihub priceOn December 4, Sci-Hub founder Alexandra Elbakyan posted a message on Twitter about "testing the impact of tweets on the price of Sci-Hub Meme Token ($scihub)", and provided a donation address based on the Solana network.
- 08:15XION announced the white paper and token economics, with the community and Launch accounting for 15.19% of the total token amountOn December 4th, Chain Abstraction L1 XION officially released its white paper and token economics. The total supply of XION tokens is 200 million, with an initial circulation of 25,559,333 tokens, accounting for 12.78%, while the remaining 87.22% of tokens will be unlocked over time.Of these, ecological incentives and project incubation account for 23%; strategic investors account for 26.81%; the team accounts for 20%; protocol development and foundation account for 15%; community and Launch account for 15.19%. XION serves as a utility token with functions including: network Gas, node pledge, governance, cross-chain fee settlement, collateralization and liquidity. XION supports a new type of abstract proof (Proof-of-Abstraction) consensus mechanism that enhances security through abstraction to solve the traditional trade-off problem between security and accessibility in Proof-of-Stake.
- 08:14Analyst: If ETH pulls back, pay attention to the $3300 support levelBitget news, crypto analyst Ali stated that if ETH experiences a pullback, pay attention to the $3300 support level, which is also a potential buying opportunity. In the medium term, ETH could reach $6000 and in the long term it could hit $10000.
