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Crypto Whales Are Up To Something...

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coinmarketcap.com

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spotlight@newsletters.coinmarketcap.com

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Tue, Dec 3, 2024 11:42 AM

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Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ?

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Logo](~/AAQRxQA~/RgRpMXOnP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXg1dmp0djRibWo5ZlcDc3BjQgpnRqjuTmceckeCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 03 Dec 2024 11:40 UTC Bitcoin's hanging around $95K, and everyone's favorite question is back: "When $100K?" Sure, we've been here before - watching, waiting, and refreshing those charts every five minutes. But something's different this time. Maybe it's because the altcoins aren't exactly waiting for Bitcoin's permission anymore. The CMC Altcoin Index is painting quite the picture, and it's not the one Bitcoin maxis were hoping for. And speaking of pictures - XRP's chart looks like it's making up for lost time. Those institutional moves? They're getting harder to ignore. Even Ethereum's giving Bitcoin a run for its money in the institutional inflow game. Seems like the big players are finally diversifying. You'd think Bitcoin would be stealing all the headlines with that $100K milestone so close. But the market? It's paying attention to alts now. So what exactly is going on? Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours: - Ethereum ETFs just pulled in a massive $634M in a holiday week, with post-election inflows hitting $1.1B. But [why are institutions suddenly so interested](~/AAQRxQA~/RgRpMXOnP0SkaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZXRoZXJldW0taGl0cy1yZWNvcmQtZG9sbGFyMjItYmlsbGlvbi1pbmZsb3dzLWluLTIwMjQtYXMteHJwLWFjaGlldmVzLWhpc3RvcmljLWdhaW5zLWFuZC1iaXRjb2luLWRlY2xpbmVzP2xpZD14aGFhZGV0dWV3NWpXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) in ETH when they barely touched its ETFs at launch? 🤔 - WisdomTree joins the XRP ETF race as the fourth contender, partnering with Coinbase. [Are institutions really only interested in XRP](~/AAQRxQA~/RgRpMXOnP0SxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2lzZG9tdHJlZS1maWxlcy1mb3Itc3BvdC14cnAtZXRmLXdpdGgtc2VjLWJlY29taW5nLWZvdXJ0aC1maXJtLXRvLXNlZWstYXBwcm92YWwtZm9sbG93aW5nLWNyeXB0b2N1cnJlbmN5cy1wcmljZS1zdXJnZT9saWQ9Mnh2OWYxaDlrcTV4VwNzcGNCCmdGqO5OZx5yR4JSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~), or is Solana getting the cold shoulder? 🎯 - XRP just flipped both SOL and USDT to claim the #3 spot. Two major developments are supposedly behind this - but [what's really driving this surge](~/AAQRxQA~/RgRpMXOnP0SnaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUveHJwLXN1cnBhc3Nlcy10ZXRoZXItdG8tYmVjb21lLXRoaXJkLWxhcmdlc3QtY3J5cHRvY3VycmVuY3ktZHJpdmVuLWJ5LXJlZ3VsYXRvcnktaG9wZXMtYW5kLXN0YWJsZWNvaW4tbGF1bmNoP2xpZD1uYW1sNXBwYnRxcHRXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)? 📈 - Moo Deng, a Solana meme coin, pumped 80% after making Coinbase's roadmap. Is this [another pump and dump waiting to happen](~/AAQRxQA~/RgRpMXOnP0SSaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbW9vLWRlbmctbWVtZS1jb2luLXN1cmdlcy04MHBlcmNlbnQtaW4tb25lLWhvdXItZm9sbG93aW5nLWNvaW5iYXNlLWxpc3RpbmctYW5ub3VuY2VtZW50P2xpZD1zcTdsYnhmbnI0Z2pXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)? 🚀 - Bitcoin's facing a massive 4,000 BTC sell wall near $100K while bouncing between $90K-$98K. With the U.S. dollar showing strength, [can BTC actually break through this time](~/AAQRxQA~/RgRpMXOnP0SWaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1zdHJ1Z2dsZXMtdG8tc3VycGFzcy1kb2xsYXIxMDAwMDAtYXMtcmVzaXN0YW5jZS1hbmQtZWNvbm9taWMtZmFjdG9ycy13ZWlnaC1vbi1wcmljZT9saWQ9djVoMGUydng5MTBoVwNzcGNCCmdGqO5OZx5yR4JSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)? 💪 Let’s dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP $3.45T ▲2.3% (24h) 24H MARKET VOLUME $261.44B ▲16.99% (24h) BITCOIN’S DOMINANCE 54.36% ▼1.45% (24h) FEAR & GREED INDEX 78 Greed [Bitcoin] Bitcoin $94,765.98 ▼0.57% (24h) [Ethereum] Ethereum $3,608.12 ▲0.38% (24h) [XRP] XRP $2.68 ▲15.91% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRpMXOnP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWFhaXRpOXBubDZsdlcDc3BjQgpnRqjuTmceckeCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRpMXOnP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9MDFvZzFjaTNjOWdtVwNzcGNCCmdGqO5OZx5yR4JSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRpMXOnP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1nbGY5Mndhc3FtbDBXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRpMXOnP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPTVuZGlxMmd5eXdodFcDc3BjQgpnRqjuTmceckeCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) TOP GAINERS 24H% [Black Agnus] [Black Agnus](~/AAQRxQA~/RgRpMXOnP0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2JsYWNrLWFnbnVzL1cDc3BjQgpnRqjuTmceckeCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲2224.68% [DOGO] [DOGO](~/AAQRxQA~/RgRpMXOnP0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvZ28vVwNzcGNCCmdGqO5OZx5yR4JSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲568.99% [Black Phoenix] [Black Phoenix](~/AAQRxQA~/RgRpMXOnP0QzaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2JsYWNrLXBob2VuaXgvVwNzcGNCCmdGqO5OZx5yR4JSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲481.07% TOP LOSERS 24H% [LEXER Markets] [LEXER Markets](~/AAQRxQA~/RgRpMXOnP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2xleGVyL1cDc3BjQgpnRqjuTmceckeCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼100.0% [Dank] [Dank](~/AAQRxQA~/RgRpMXOnP0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RhbmsvVwNzcGNCCmdGqO5OZx5yR4JSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼99.98% [Popcat (ERC)] [Popcat (ERC)](~/AAQRxQA~/RgRpMXOnP0QwaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3BvcGNhdC1lcmMvVwNzcGNCCmdGqO5OZx5yR4JSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼99.88%   Ethereum Is Coming Back to Life! Ethereum investment products are crushing records, and the story behind it is fascinating. Last week alone, Ethereum funds pulled in $634 million - with U.S. spot ETFs leading the charge at $466.5 million. That's during a holiday-shortened trading week. Since the U.S. election, these ETFs have attracted over $1.1 billion in fresh capital. And for the first time ever, Ethereum's daily inflows surpassed Bitcoin's at these levels. What’s the reason for this revival of institutional interest in Ethereum? [Read the full story](~/AAQRxQA~/RgRpMXOnP0SkaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZXRoZXJldW0taGl0cy1yZWNvcmQtZG9sbGFyMjItYmlsbGlvbi1pbmZsb3dzLWluLTIwMjQtYXMteHJwLWFjaGlldmVzLWhpc3RvcmljLWdhaW5zLWFuZC1iaXRjb2luLWRlY2xpbmVzP2xpZD0zYXlmYWt0dzk5amRXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   The XRP ETF Race Is Heating Up Another crypto ETF giant just stepped into the XRP ring. WisdomTree, fresh off its successful Bitcoin ETF launch in January, has officially filed for a spot XRP ETF. They're the fourth company to make this move, following Bitwise, Canary Capital, and 21Shares. The proposed WisdomTree XRP Fund plans to list on the Cboe BZX Exchange, with Coinbase serving as both the prime execution agent and XRP custodian. What about Solana ETFs? Are institutions interested in XRP only? [Read the full story](~/AAQRxQA~/RgRpMXOnP0SxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2lzZG9tdHJlZS1maWxlcy1mb3Itc3BvdC14cnAtZXRmLXdpdGgtc2VjLWJlY29taW5nLWZvdXJ0aC1maXJtLXRvLXNlZWstYXBwcm92YWwtZm9sbG93aW5nLWNyeXB0b2N1cnJlbmN5cy1wcmljZS1zdXJnZT9saWQ9cGczdTQ4bGpiYTR5VwNzcGNCCmdGqO5OZx5yR4JSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   CMC COIN BITES [TON: The Open Network's Expanding Universe](~/AAQRxQA~/RgRpMXOnP0RuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3hycC8_bGlkPWl2cWs5cm05ZW9zeiM6fjp0ZXh0PVhSUCUyMCUyRCUyMEJhbmtpbmclMjBvbi0sQmxvY2tjaGFpbiwtQ2hhcnRXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) 🔹 Quick 3-minute intro video for XRP 🔹 Clear, concise content for fast insights 🔹 Available on both: Web & App [Watch our Coin Bite](~/AAQRxQA~/RgRpMXOnP0RuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3hycC8_bGlkPWxnZno3emVxbDVuaSM6fjp0ZXh0PVhSUCUyMCUyRCUyMEJhbmtpbmclMjBvbi0sQmxvY2tjaGFpbiwtQ2hhcnRXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   And XRP Flipped Tether And while we are talking about XRP, the coin just pulled off something remarkable - overtaking both Solana and Tether to claim the third spot in the crypto rankings. Its market cap has shot up to $141.8 billion, pushing past Tether's $134.5 billion. But what's really driving this surge? Two big developments are in play. [Read the full story](~/AAQRxQA~/RgRpMXOnP0SnaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUveHJwLXN1cnBhc3Nlcy10ZXRoZXItdG8tYmVjb21lLXRoaXJkLWxhcmdlc3QtY3J5cHRvY3VycmVuY3ktZHJpdmVuLWJ5LXJlZ3VsYXRvcnktaG9wZXMtYW5kLXN0YWJsZWNvaW4tbGF1bmNoP2xpZD15NXhzOHF6NGduanhXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   [Is Your Crypto Project the Next Big Thing?](~/AAQRxQA~/RgRpMXOnP0Q6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9ldmVudHMvY21jLWxhYnM_bGlkPTZ3dnNvdGpxZDVxN1cDc3BjQgpnRqjuTmceckeCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Think your crypto project has potential? CoinMarketCap's accelerator could launch you onto the global stage. [Apply Now](~/AAQRxQA~/RgRpMXOnP0Q6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9ldmVudHMvY21jLWxhYnM_bGlkPTJubHRrODVkMWtsaFcDc3BjQgpnRqjuTmceckeCUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   Coinbase Likes Moo Deng Now? A Solana-based meme coin just caught Coinbase's attention, and the market is going wild. Moo Deng, the rising star in the meme coin world, shot up 80% in a single hour after Coinbase added it to their listing roadmap. The token is now sitting pretty at $0.57, just inches away from its all-time high of $0.68. Trading volumes tell an even more interesting story - they exploded by 400% to $751 million. The "Coinbase effect" is working its magic once again, though trading hasn't even started yet. [Read the full story](~/AAQRxQA~/RgRpMXOnP0SSaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvbW9vLWRlbmctbWVtZS1jb2luLXN1cmdlcy04MHBlcmNlbnQtaW4tb25lLWhvdXItZm9sbG93aW5nLWNvaW5iYXNlLWxpc3RpbmctYW5ub3VuY2VtZW50P2xpZD12a2Zmb3R5b2RkNWtXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   CMC NARRATIVE: MEME COINS Meme coin market cools down. Utility tokens are rising. Pump.fun scandal gets regulators riled up. JUSTICE vs. PNUT...[Continue Reading.](~/AAQRxQA~/RgRpMXOnP0SJaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2Vlay1pbi1tZW1lLWNvaW5zLXB1bXBub2Z1bi1ib290cy1ub2NoaWxsLW5vcm1pZXMtY2hpbGxndXktaGl0cy1kb2xsYXI2MDBtLW1jP2xpZD01OGJjNXdqZzc3YWJXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [CMC NARRATIVE: MEME COINS](~/AAQRxQA~/RgRpMXOnP0SJaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2Vlay1pbi1tZW1lLWNvaW5zLXB1bXBub2Z1bi1ib290cy1ub2NoaWxsLW5vcm1pZXMtY2hpbGxndXktaGl0cy1kb2xsYXI2MDBtLW1jP2xpZD1zcmptMnhoY3V2aDZXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Track all the Meme Coins on CMC Narratives: [Track Narrative](~/AAQRxQA~/RgRpMXOnP0Q1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS92aWV3L21lbWVzP2xpZD1tNW44emc4ZnEyb3RXA3NwY0IKZ0ao7k5nHnJHglIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Bitcoin's Next Big Test Bitcoin is teasing the market with its approach to $100,000, currently hovering around $97,000. The interesting part? There's a massive sell wall of over 4,000 bitcoins (about $384 million) standing in the way. The last two weeks have seen Bitcoin bouncing between $90,000 and $98,000, with a particularly stubborn resistance zone at $97,700-$97,800. Just recently, it dipped to $95,000 before bouncing back. The U.S. dollar's strength is playing a key role here. But what do indicators suggest? [Read the full story](~/AAQRxQA~/RgRpMXOnP0SWaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1zdHJ1Z2dsZXMtdG8tc3VycGFzcy1kb2xsYXIxMDAwMDAtYXMtcmVzaXN0YW5jZS1hbmQtZWNvbm9taWMtZmFjdG9ycy13ZWlnaC1vbi1wcmljZT9saWQ9NGY3MGEwbWxuOHM1VwNzcGNCCmdGqO5OZx5yR4JSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   And that's it for today. 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