BTC falls below the $94000 mark

BlockBeats News: On November 26th, Nick Tomaino, the founder of 1cConfirmation, posted on X stating that "Ethereum is the world's first 'triple attribute asset': ·Capital assets: represent the ownership share of the developer ecosystem that drives cryptocurrency innovation, such as DeFi, NFT, prediction markets, decentralized social networking, etc· Value storage: Inflation rate is lower than BTC, and it is also the underlying asset of decentralized finance· Revenue assets: The annualized rate of return is approximately 3%

On November 26th, according to FT, financial documents show that Telegram's revenue in the first half of this year reached $525 million, an increase of 190% compared to the same period in 2023. Among them, $225 million came from a one-time Toncoin advertising transaction. Telegram saw a significant increase in the value of its digital assets in the first half of 2024, rising from nearly $400 million at the end of last year to $1.3 billion. According to the documents, nearly half of the revenue ($225 million) came from a one-time transaction with an unnamed institution. According to the transaction terms, Telegram "received a reward" in exchange for allowing the cryptocurrency Toncoin to become the only payment method for small businesses to purchase advertisements on the application. The document states that this exclusive agreement was terminated on October 1st. Telegram achieved a post tax profit of $335 million in the first half of this year. Compared to its full year revenue of 342 million US dollars and loss of 173 million US dollars in 2023, these figures indicate that Telegram is moving towards its first annual profit before Durov's detention.

Odaily Planet Daily News: Rumble, a Nasdaq listed company and video sharing and cloud service platform, announced that as part of its new company's financial diversification strategy, it plans to invest up to $20 million of its excess cash reserves in Bitcoin. The board of directors has approved this allocation, aimed at positioning Bitcoin as a strategic asset and inflation hedge tool in its finances. The company plans to integrate cryptocurrency into its ecosystem, supporting Rumble's mission of establishing independent infrastructure and promoting open Internet. The purchase of Bitcoin will be decided by the management, taking into account market conditions, Bitcoin transaction prices, and the company's cash flow needs. （CryptoBriefing）

1. The US special prosecutor has withdrawn the subversive election case against Trump, and the potential policy impact of Trump's support for cryptocurrency has attracted market attention. 2. MicroStrategy has once again purchased $5.4 billion worth of BTC, increasing its holdings to 386700 BTC, further boosting the market influence of Bitcoin. 3. Musk's statement that 'DOGE is inevitable' has sparked market attention and discussion on Dogecoin. 4. Tim Cook revealed that he has been holding Bitcoin for three years, but Apple has no intention of entering the cryptocurrency market in the short term. 5. Grayscale transferred 8239 ETH to the Coinbase Prime hot wallet address, demonstrating its active operation in the market. 6. Semler Scientific, a US listed company, increased its holdings of 297 BTC, further demonstrating institutional interest in cryptocurrency assets. 7. Ethereum regains dominance over USDT, surpassing Tron for the first time since 2022. 8. Ripple collaborates with Archax to launch a tokenized money market fund on XRP Ledger, marking the entry of more traditional financial instruments into the cryptocurrency field. 9. Justin Sun's $30 million investment in Trump's WLFI cryptocurrency project demonstrates his support for Trump's policies and confidence in the cryptocurrency market. 10. The US Customs has detained some Bitmain mining machines, involving the latest Antminer S21 and T21 series, which has raised concerns in the market about the supply of mining machines. 11. Over the past 7 days, more than $300 million in assets have been transferred from other chains across bridges to Solana, demonstrating the growth potential of its ecosystem. 12. WisdomTree's registration of XRP ETF in Delaware marks a further institutionalization of the cryptocurrency market. 13. Wintermute continues to be active in TAI's market making, and the trend of artificial intelligence is considered a key driving factor in this bull market. 14. Binance Labs announced an investment in Kernel DAO to further expand its presence in the decentralized finance sector. The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/431284

OKX - LDO price fluctuation, current price $1.65, 24-hour price increase of 13.01%. The transaction volume in the past 24 hours was 841 million US dollars, an increase of 111.75%. The data is for reference only