November Was a ‘Monumental’ Month for the Crypto Market, JPMorgan Says
Total crypto market cap jumped 45% in November, in the best monthly return to-date, the report said.
Markets
CoinDesk 20 Performance Update: FIL Declines 13% as Nearly All Assets Trade Lower
Ethereum Classic joined Filecoin as a top underperformer, falling 11.7%.
Jupiter DAO Passes Massive $860M ‘Jupuary’ Airdrop Vote
The revised vote changed how tokens would be distributed to users with additional checks to prevent tokens from going to mercenary airdrop farmers.
Cardano, XRP Lead Losses Among Majors as Market Slide Liquidates $300M Bullish Bets
The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko data.
Ether Hits $4,000 as Coinbase Premium and Ethereum Active Addresses Surge
ETH surpassed the level for the first time since March.
CoinDesk 20 Performance Update: DOT Falls 5.1% as Index Declines From Thursday
Litecoin joined Polkadot as an underperformer, falling 3.8%.
U.S. Added 227K Jobs in November, Topping Estimates for 200K
Friday morning’s jobs report is one of the last pieces of key economic data the Fed will see prior to its mid-December interest-rate decision.
U.S. Ether ETFs Post Record Inflows, Bitcoin ETFs Add Most in Two Weeks
The investment interest comes after ether added about 60% in a month.
Crypto Markets Have Benefited From a Positive Environment Since U.S. Election: Citi
The nomination of crypto-friendly Paul Atkins as chair of the SEC provided the final boost that propelled bitcoin through the $100,000 level, the report said.
BTC Nosedive to 92K Hits DOGE, XRP Futures Hardest as Liquidations Climb to $1B
Futures tracking major tokens outside of bitcoin and ether saw tens of millions in losses, led by XRP at $39 million in an unusually high move.