Give me a summary of the latest crypto news today
Fere Pro Created at: 01 December, 2024 01:06 PM
Here's a summary of the latest crypto news from the past 24 hours:
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XRP News: Ripple Token Tops $100 Billion as RLUSD Nears Approval
- XRP's market cap has surpassed $100 billion, reaching levels not seen since 2018. The surge is attributed to a potential approval of Ripple's RLUSD stablecoin, with a launch date expected on December 4. Read more
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Bitcoin Is Flying High—Countries Considering a National Reserve
- Amid Bitcoin's rise towards $100,000, several countries, including the U.S. and Brazil, are considering establishing national Bitcoin reserves. Read more
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Dogecoin Surpasses Porsche in Market Cap
- Dogecoin's market cap has exceeded that of luxury automaker Porsche, driven by endorsements from Elon Musk and a potential exchange-traded product launch. Read more
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NFTs Hit $562M in Monthly Sales Volumes
- November saw NFT sales volumes reach $562 million, marking a six-month high and a significant increase from October's $356 million. Read more
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Ether's Price Target: Analyst Eyes $7.2K
- A crypto analyst predicts Ether could see a 97% increase by the end of Q1 2025, with a potential price target of $7,238. Read more
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Grayscale’s Crypto Portfolio Up 85%
- Grayscale's cryptocurrency holdings have increased by 85% in market capitalization, driven by significant gains in altcoins like Stellar and XRP. Read more
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Hackers Have Stolen $1.49B YTD
- A report indicates that hackers have stolen $1.49 billion year-to-date, with decentralized finance (DeFi) being a primary target. Read more
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Spot ETH ETFs Log All-Time High Daily Inflows
- U.S. spot Ethereum ETFs recorded their highest daily inflows since trading began, adding nearly $333 million on November 29. Read more
These articles highlight significant developments in the crypto market, including price surges, regulatory considerations, and market dynamics.