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Dogecoin price has gained over 14% in the past month, even after a 3% daily dip. Whale accumulation and a sharp drop in spent coin activity suggest selling pressure is fading, with a breakout above $0.24 possibly triggering fresh bullish momentum.
In Brief Coinbase suggests an imminent full-scale altcoin season. Bitcoin's market dominance has notably weakened recently. Fed rate cuts may not automatically imply a Bitcoin peak.
In Brief Circle plans a secondary public offering of 10 million shares at $130 each. Proceeds from Circle's shares will support corporate strategies, not benefiting other shareholders. Market volatility highlights investor interest in Circle's growth and financial outlook.
- 10:22A certain whale deposited 5,000 ETH into an exchange, with a potential profit of approximately $14.43 million.Foresight News reported, according to monitoring by The Data Nerd, a whale (address starting with 0x742) deposited 5,000 ETH, worth approximately $19.91 million, to an exchange 9 hours ago. Six months ago, this whale purchased these ETH at an average price of about $1,582, with an estimated profit of around $14.43 million (return on investment of 152%). In addition, looking back three years ago, the whale accumulated 8,240 ETH at an average price of about $1,195, and sold them last year at a price of approximately $2,954.
- 10:21ETH Dencun upgrade will go live on the mainnet on December 3rdForesight News reported, according to Solid Intel, the Ethereum Dencun upgrade has now been launched on the final testnet, Hoodi. This upgrade is scheduled to be deployed on the mainnet on December 3.
- 10:11Jack Yi: Large funds are unlikely to flow into crypto in the short term, so for now we choose to take a break.ChainCatcher reported that Jack Yi, founder of LD Capital, posted on X, stating that the current market is in a deep correction trend, while AI and gold remain hot topics. Large funds are unlikely to flow into crypto in the short term, resulting in most DATs being below 1 and a continued loss of fundraising capability.“Therefore, we have chosen to take a break for now. Of course, the market is constantly changing, and everyone should make their own judgments based on their understanding and the trends. However, we choose to wait for a confirmed bottom before reinvesting.”