According to a report by Binance, George Milling Stanley, Chief Gold Strategist at State Street Global Investment Management, believes that the recent surge in Bitcoin may have given investors a false sense of security. Milling Stanley stated, "Simply put, Bitcoin is an investment that seeks returns, indicating that investors flock to Bitcoin for capital gains rather than because they see the value or purpose of Bitcoin." The launch of options based on spot Bitcoin ETFs last week may be related to this, allowing investors to invest less cash to bet on Bitcoin's price fluctuations rather than buying Bitcoin itself.

According to Arkham's monitoring, the Grayscale Digital Large Cap Fund transferred 703.949 BTC worth $68.5 million four minutes ago.

According to official sources, Bitstamp announced on X platform that Bitstamp USA has launched PEPE and SOL trading.

According to Trader T monitoring, the pre-market trading volume of BlackRock IBIT today was $49 million, with 43% being active buy orders and 28% being active sell orders.

According to Matthew Sigel, head of digital asset research at VanEck, on November 29th, Australian financial giant Macquarie, which manages assets worth $870 billion, stated that Bitcoin mining helps support the stability of local power grids. Macquarie pointed out that by flexibly adjusting electricity demand, Bitcoin mining can absorb excess electricity when the grid pressure is low and reduce electricity consumption during peak periods, thereby optimizing energy use and supporting the integration of renewable energy.

According to a report by Binance, the three major US stock indices collectively opened higher, with the Nasdaq up 0.14%, the Dow Jones Industrial Average up 0.14%, and the S&P 500 index up 0.11%. Blockchain concept stocks led the gains, with MicroStrategy rising over 4%, Canaan Technology rising over 2%, and Bit Digital and Riot Platforms rising over 1%.

Bitcoin scaling solution Stacks announced on the X platform that it will deploy sBTC in two phases, with the first phase of the main network starting on December 16, 2024, and opening up Bitcoin deposit functionality. The second phase will be launched within 6-8 weeks after the first phase, and is expected to open Bitcoin withdrawal function in the first quarter of 2025.

According to Cointelegraph's analysis on the X platform, if the price of BTC reaches $105000, its market value will surpass that of Google's parent company Alphabet.

Ethena and Securitize are participating in Spark's $1 billion tokenization competition for the upcoming stablecoin USDtb. The initial reserves of USDtb will be supported by over 90% from BlackRock's BUIDL fund, which is tokenized by Securitize. Spark is a platform under the Sky ecosystem (formerly MakerDAO), and the competition results will be decided by the vote of Sky token holders. Ethena claims to contribute approximately $120 million in annual revenue to Sky Ecology, accounting for nearly 30% of total revenue. （TheBlock）

According to Arkham's monitoring, Grayscale transferred a total of 2799.927 BTC to addresses such as Coinbase 6 minutes ago.