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:

  1. 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
  2. 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
  3. 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
  4. 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
  5. 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
  6. 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
  7. 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
  8. 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.