XRP spot main force appears, large pending orders have been transacted for $1.14 million

[Strategy stock price rebounds from $155 low to $185, preferred stock price rises] Strategy's stock price rebounded from the $155 low on December 1 to around $185, as the company's balance sheet and Bitcoin market sentiment improved. Since its launch in March, Strategy's senior perpetual preferred stock STRF has risen to $110, up 36% from its issue price and rebounding 20% from the $92 low on November 21. The company previously announced a $1.44 billion cash buffer reserved for preferred stock dividend payments.

[Jump Crypto Transfers 225.32 BTC, Valued at Approximately $20.59 Million] According to Arkham data, Jump Crypto transferred 225.32 BTC at 21:24 (UTC+8), valued at approximately $20.59 million. Among them, 29.22 BTC were transferred to an anonymous address (starting with bc1qg6n...), and 196.1 BTC were transferred to another anonymous address (starting with 12YGEm...).

OKX-ETH/USDT is currently trading at $3102, with a drop of 0.28% in 5 minutes. Please pay attention to market fluctuations.

[Indian Revenue Intelligence: Stablecoins Become Primary Financial Tools for Drug and Gold Smuggling] The Indian Revenue Intelligence (DRI) warned in the '2024-25 India Smuggling Report' that cryptocurrencies and stablecoins are gradually replacing the hawala network as the primary means of fund transfer for drug and gold smuggling. The report states that due to their decentralized, anonymous, and borderless nature, digital assets provide smuggling groups with fast anonymous settlements, minimal regulation, and weak anti-money laundering compliance. A case uncovered by the DRI revealed that a transnational gold smuggling syndicate laundered over $12.7 million through hawala and USDT. The mastermind utilized multiple crypto wallets to layer funds and communicated via VPNs and encrypted applications.

[Bitcoin Network Hashrate Dropped 18.68% This Week, Price Rose 8.34%] On December 5, according to F2pool data, Bitcoin network hashrate dropped 18.68% this week, falling to 927.57 EH/s; during the same period, Bitcoin price rose 8.34%.