24-Hour Hot Cryptocurrencies and News | BTC Surpasses $92,000; Sony May Launch USD Stablecoin (December 3)
- 核心观点：市场呈现机构化趋势与监管积极信号。
- 关键要素：
- 美国银行允许财富顾问推荐配置1-4%加密资产。
- 索尼计划发行美元稳定币用于其数字生态支付。
- 韩国执政党要求推进由商业银行主导的稳定币法案。
- 市场影响：为市场引入潜在增量资金，提升主流接受度。
- 时效性标注：中期影响。
1. Popular cryptocurrencies on CEXs
Top 10 CEX trading volumes and their 24-hour price changes:
- BTC: +5.59%
- ETH: +6.80%
- SOL: +9.12%
- XRP: +5.76%
- BNB: +5.68%
- DOGE: +7.32%
- ZEC: -10.54%
- SUI: +20.84%
- ADA: +12.76%
- LINK: +11.60%
24-hour gainers list (data source: OKX):
- PARTI: +40.50%
- TURBO: +37.81%
- PENGU: +25.73%
- DEGEN: +21.37%
- SUI: +21.11%
- NAVX: +19.25%
- WIF: +17.73%
- PUMP: +16.61%
- SSV: +16.52%
- 2Z: +15.07%
24-hour cryptocurrency stock gainers list (data source: msx.com ):
- MDB.M: 21.84%
- QNTM.M: 13.07%
- MSTX.M: 12.96%
- SUIG.M: 12.64%
- ETHZ.M: 12.46%
- BMNR.M: 12.02%
- BA.M: 10.19%
- ORBS.M: 9.65%
- ASTS.M: 9.28%
- BNC.M: 9.12%
2. Top 5 most popular on-chain memes (data source: GMGN ):
- pinpin
- G*BOY
- TADCFriend
- clawd
- HASSETT
Headlines
BTC breaks through 92,000 USDT, up 7.75% in the last 24 hours.
OKX data shows that BTC has broken through 92,000 USDT, with a 24-hour increase of 7.75%.
Sony may launch a USD stablecoin for payments within its ecosystem, including games and anime.
Sony Group plans to issue a dollar-denominated stablecoin next year for U.S. customers to use to purchase content such as games and anime within its digital ecosystem. This move follows Sony Bank's application for a U.S. national banking license in October. The license would allow its subsidiary, Connectia Trust, to engage in "certain specified activities involving cryptocurrencies," including issuing a dollar-pegged stablecoin, maintaining corresponding reserve assets, and providing custody and digital asset management services.
Sony Bank has partnered with stablecoin company Bastion, which will provide the infrastructure for Sony's stablecoin. Sony Bank hopes that its U.S. customers will be able to use its stablecoin to pay for game subscriptions and other content on the PlayStation platform, a move that will reduce transaction fees associated with credit card payments.
Trump: New Fed Chair to be announced early next year
Trump: The new Fed chair will be announced early next year; Bessant doesn't want a job at the Fed.
Ethereum mainnet transaction gas fees have dropped to $0.02, lower than some L2 cryptocurrencies.
According to on-chain analyst Ember, Ethereum mainnet gas fees have dropped to 0.1 Gwei, meaning a single transaction incurs a gas fee of only $0.02. Currently, the transaction fees for some major L2 cryptocurrencies are: Arbitrum at $0.004, OP Mainnet at $0.006, and Base at $0.03.
Industry News
Polymarket data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points next week has risen to 92%, with total trading volume in the prediction pool reaching $219 million.
South Korea's ruling Democratic Party has requested the government to submit a new bill by December 10 to regulate stablecoins pegged to the won. Kang Jun-hyun, convener of the Democratic Party's Political Affairs Committee, stated that the draft bill would only allow consortia with at least 51% commercial bank ownership to issue fiat-pegged tokens. Kang Jun-hyun said this move aims to reconcile the positions of the Bank of Korea, the Financial Services Commission, and the banking industry.
If the government fails to act, Kang Jun-hyun stated that Congress will lead and advance legislation. The proposal would restrict stablecoin issuance to consortia with commercial banks holding at least 51% ownership, aiming to resolve long-standing disputes regarding the eligibility of issuers. However, the Financial Services Commission subsequently issued a statement saying, "Nothing has been finalized regarding the consortium proposal."
Bank of America, one of the largest financial institutions in the United States, has allowed its wealth management advisors to recommend clients allocate 1% to 4% of their assets to crypto assets, a policy that will take effect in January next year. Chris Hyzy, Chief Investment Officer of Bank of America Private Bank, stated that a moderate allocation of 1% to 4% to digital assets may be appropriate for investors who have a strong interest in thematic innovation and can tolerate higher volatility. A lower allocation is suitable for risk-conservative investors, while a higher allocation is suitable for investors who can tolerate greater overall portfolio risk.
Bank of America's advisors will initially focus on four spot Bitcoin ETFs: BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB, and Grayscale's BTC. This move aligns Bank of America with the wealth management platforms of major institutions like BlackRock and Morgan Stanley, potentially increasing pressure on those still waiting to see what happens. This announcement comes hours after asset management giant Vanguard also announced it would allow its clients access to crypto ETFs.
Project News
Tether mints an additional 1 billion USDT on the Tron network.
According to Whale Alert, Tether has minted an additional 1 billion USDT on the Tron network.
According to a Circle company announcement, Circle has announced the establishment of the Circle Foundation, a new philanthropic initiative dedicated to advancing financial resilience and inclusion in the United States and globally. The Circle Foundation is seed-funded by a 1% equity commitment from Circle and aims to support organizations that can strengthen the financial system, including institutions that partner with small businesses in U.S. communities and international organizations that drive the modernization of humanitarian aid infrastructure.
According to Bubblemaps monitoring, 50 linked addresses purchased $19 million worth of PIPPIN tokens. It was also found that 26 addresses withdrew 44% of the PIPPIN token supply from the Gate platform within two months, totaling $96 million. Most of these wallets had recently received deposits. The majority of PIPPIN token withdrawals occurred on October 24th and November 23rd.
According to onchainschool.pro, the new ASTER buyback wallet (0x573...6fF4) has purchased $2.2 million worth of ASTER tokens from the market in the past 24 hours, and the wallet still holds approximately $800,000 worth of stablecoins. During the same period, another team-related wallet (0x207...a757) sold approximately $1 million worth of tokens.
Rayls airdrop application is now live.
Rayls announced on the X platform that its token RLS airdrop application is now available.
Character * Voice
Strategy CEO Phong Le stated that the company's newly established $1.4 billion reserve will be used to cover short-term dividend and interest expenses, helping the company maintain financial flexibility during periods of market volatility. This reserve, raised through stock sales, aims to alleviate investor concerns that the company might be forced to sell Bitcoin to pay for growing dividends. According to the company's calculations, this reserve can cover approximately 21 months of dividend payments without needing to use its $59 billion Bitcoin holdings.
U.S. Treasury Secretary Bessant: The U.S. will achieve low-inflation growth, and inflation will continue next year. (Jinshi)
SEC Chairman: The U.S. “resistance” to cryptocurrencies has been “too long.”
In an interview with CNBC, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins claimed that the U.S. "resistance" to cryptocurrencies has been "too long."
According to Forbes, Vanguard and Merrill Lynch announced this week that they will expand client access to crypto ETFs. Furthermore, Charles Schwab stated that he will allow Bitcoin trading on his platform in the first half of 2026. This means that over $30 trillion will be available for BTC purchases in the coming months. For established firms like Vanguard and Merrill, who adhere to a "don't be evil" policy, it's preferable to miss out on large trades or products rather than recommend products that ultimately run into problems. Therefore, these companies have been patiently observing the asset and its success since the ETF's launch on January 11, 2024.
These institutions undoubtedly received countless inquiries from clients about accessing these products and saw meaningful outflows and inflows of funds into them. Therefore, for business reasons, they began allowing clients to purchase these ETFs directly on their platforms.
"Big Short" Michael Burry: Bitcoin is "the tulip bulb of our time," $100,000 Bitcoin is absurd.
Michael Burry, an investor known as the "Big Short," said the Bitcoin hype has gotten out of control, calling it "the tulip bulb of our time," a reference to the 17th-century tulip mania that burst.
In a podcast that aired Tuesday, Burry said Bitcoin is “worthless” and called seeing it reach $100,000 “the most ridiculous thing.” He also said Bitcoin is worse than tulip bulbs because it “fuels so much criminal activity hidden underground.”
QwQiao, co-founder of Alliance DAO, stated that if some L1 tokens are considered to have the potential to become "non-sovereign value reserves" in the future, their valuation as a hedge against Bitcoin is not high. He pointed out that Bitcoin may face two major challenges in the future: security budgets and quantum resistance, and protocol solidification may limit its ability to respond quickly. Although he remains optimistic about Bitcoin's long-term position, he emphasized that this is precisely the main logic behind allocating a portion of assets to L1 tokens.
Matrixport: Exchange BTC balances continue to decline, indicating weakening bullish signals.
Matrixport released a chart today stating that Bitcoin's balance on exchanges is still declining. Historically, exchange balances and prices have largely shown an inverse relationship: a lower balance usually corresponds to a bullish market, while a higher balance often occurs during a bearish phase. Looking at the overlay of the two curves, a significant divergence has emerged in the current cycle.
With the increasing number of institutional participants, more and more transactions have shifted to over-the-counter (OTC) trading. This trend indicates that institutional funds are gradually becoming dominant, and the structure of the Bitcoin market is undergoing adjustments and evolution. Compared to previous cycles, a significant change in this market trend is the near absence of retail trading, with price movements driven more by the inflow and outflow of institutional funds.
Arca's Chief Investment Officer, Jeff Dorman, described the recent crash as "the most bizarre cryptocurrency sell-off in history." The market was clearly facing numerous positive factors—Federal Reserve rate cuts, the impending end of quantitative tightening, strong consumer spending, record corporate profits, and continued strong demand for artificial intelligence, with stock, credit, and gold and silver markets hitting record highs every month. Meanwhile, all the supposed reasons for the cryptocurrency sell-off were untenable—MSTR did not sell off its holdings, Tether was not insolvent, DAT did not reduce its holdings, Nvidia did not experience a crisis, the Federal Reserve did not turn hawkish, and the tariff war did not restart.
Jeff stated, "I still don't understand why cryptocurrencies keep falling. The reason may be simple: despite technological advancements and positive developments in Washington policy and Wall Street, nothing can change the fact that there's a lack of buying power within the current cryptocurrency ecosystem. Native crypto investors are exhausted, and new funds are failing to enter the market. While investors are forward-thinking, they won't easily change their investment processes—therefore, although institutions like Vanguard, State Street, BNY Mellon, JPMorgan Chase, Morgan Stanley, and Goldman Sachs are about to enter, they are not yet in place. The real influx of funds won't arrive until these institutions can easily allocate crypto assets through their existing authorization systems and investment processes."
