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Shitcoin Season Index Drops to 25

2 hours ago

On November 23rd, as per Coinmarketcap data, the Altcoin Season Index has declined to 25. Previously, on September 20th, it reached a peak of 78, and the weekly average for last week was 31. This index indicates that within the past 90 days, approximately 25 projects among the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin. Note: The CMC Altcoin Season Index is a real-time indicator employed to evaluate whether the current cryptocurrency market is in an altcoin-dominated season. This index is based on the performance of the top 100 altcoins in relation to Bitcoin over the past 90 days.
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Binance: The Kyuzo's Friends (KO) airdrop event system encountered an error. Affected users will receive a full refund of Alpha Points.

On November 23rd, Binance announced that due to a problem with the airdrop system, the Kyuzo's Friends (KO) airdrop event did not successfully distribute tokens. As a result, affected users wrongly saw a "claimed" status. The Binance Alpha platform will fully refund Alpha Points to all affected users. This distribution will not involve any deductions, and affected users do not need to take any further actions.

21 minutes ago

Bybit to List MON Spot Trading

On November 23rd, according to an official announcement, Bybit will commence the listing of Monad (MON) for spot trading.

21 minutes ago

Bitcoin Market Cap Reaches $1.7 Trillion, Global Asset Ranking Rises to 8th Place

On November 23rd, the market capitalization of Bitcoin surged past $1.7 trillion and is currently at $1.72 trillion. This has exceeded the Vanguard Total Stock Market ETF ($1.703 trillion), and Bitcoin's global asset ranking has risen to the 8th place.

21 minutes ago

PlanB: Still Believes Bitcoin Will Reach $500,000 by 2028

On November 23rd, the renowned analyst PlanB stated, "Since 2019, my perspective has remained unchanged. In 2019, Bitcoin's market capitalization was $100 billion (with the Bitcoin price being around $5,000). The chart indicates that during the 2020 - 2024 halving cycle, Bitcoin's market cap will increase to $1 trillion (with the Bitcoin price being around $50,000). The chart also shows that by 2028, Bitcoin's market cap will reach $10 trillion (with the Bitcoin price being around $500,000), and this is still my view."

21 minutes ago

Bitwise CEO: Increased Bitcoin Holdings to $85,000 Once Again

On November 23rd, Hunter Horsley, the CEO of Bitwise, announced that he had once again purchased Bitcoin at the price of $85,000. Previously, on November 19th, Hunter Horsley stated that he had bought additional Bitcoin at $89,000.

21 minutes ago

Bitwise CIO: ETH May Lead Cryptocurrency Market Rebound, December Fusaka Upgrade Is Key Catalyst

On November 23rd, Matt Hougan, the Chief Investment Officer of Bitwise, stated that the current market pullback has caused many pieces of information to be overlooked. For example, the potential for value capture of UNI, ETH, and XRP is increasing. I believe that the market will soon start to reprice the positive impact of the Ethereum Fusaka upgrade. Especially if it is delivered as expected on December 3rd. This is an underappreciated catalyst and is one of the reasons why Ethereum may lead the rebound of this round of the crypto market.

21 minutes ago

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