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- XRP's 40% price drop contrasts with RLUSD's 56% surge in transaction volume to $3.5B, driven by institutional demand and regulatory approvals. - ADGM's recognition of RLUSD as a fiat-referenced token enables its use in collateral and lending, advancing Ripple's compliance-focused strategy in key financial hubs. - XRP remains below its 100-day EMA with bearish technical indicators, while RLUSD's 92.6% November issuance growth highlights its expanding role on the XRP Ledger. - Analysts suggest RLUSD's inst
- Truther launches non-custodial Visa card in El Salvador on Jan 29, 2025, enabling direct USDT spending from self-custody wallets without preloading or conversion to fiat. - The card integrates with Brazil's PIX system, processing $40M daily in stablecoins, and plans to expand to Argentina, Mexico, and Colombia via Swapix API for instant crypto-to-fiat conversions. - Partnering with Visa, the card avoids custodial models by pulling funds directly from Polygon wallets, targeting users seeking decentralized
- Ripple's USD-backed stablecoin RLUSD gains Abu Dhabi regulatory approval for institutional use, while XRP lags below $2.30 amid market weakness. - GeeFi's GEE token surges in presale with $350K raised, offering 55% APR staking and non-custodial tools to challenge speculative Layer-1 projects. - Market shifts toward utility-driven platforms as GeeFi's ecosystem outperforms Solana's $476M ETF-backed volatility, highlighting demand for tangible value propositions. - Ripple's $1.26B RLUSD growth raises quest
- U.S. Black Friday 2025 saw $11.8B in online sales, a 9.1% surge driven by mobile shopping and AI tools surpassing in-store traffic. - AI-assisted traffic spiked 600% as consumers used smart tools for deals, with gaming PCs and wellness tech leading demand. - Cybersecurity tools saw 75-77% discounts amid rising threat awareness, while in-store foot traffic fell 3.6% year-over-year. - Adobe forecasts $43.7B Cyber Week sales, but warns rising tariffs may cap discounts at 20-30% due to increased import costs.
Quick Take Summary is AI generated, newsroom reviewed. November saw $1.42 billion in Ethereum ETF outflows, a new record. Daily withdrawals were steady rather than from single large redemptions. Market volatility and profit-taking drove investor caution. Outflows highlight short-term concern but Ethereum remains a long-term investment option.References ETHEREUM ETF OUTFLOWS IN NOVEMBER WERE 3X LARGER
- 21:08U.S. stocks closed higher with all three major indexes up, while XPeng Motors fell nearly 8%ChainCatcher News, according to Golden Ten Data, U.S. stocks closed higher on Tuesday, with the Dow Jones Industrial Average preliminarily up 0.39%, the S&P 500 up 0.25%, and the Nasdaq up 0.59%. Apple (AAPL.O) and Nvidia (NVDA.O) both rose around 1%, Intel (INTC.O) gained 8%, and Boeing (BA.N) climbed 10%. The Nasdaq Golden Dragon China Index closed down 0.65%, with Alibaba (BABA.N) falling nearly 2% and XPeng Motors (XPEV.N) dropping nearly 8%.
- 21:08The Dow Jones Index closed up by 185.13 points, with the S&P 500 and Nasdaq also rising.ChainCatcher News, according to Golden Ten Data, the Dow Jones Index closed up 185.13 points, or 0.39%, at 47,474.46 points on December 2 (Tuesday); the S&P 500 Index rose 16.74 points, or 0.25%, to 6,829.37 points; and the Nasdaq Composite Index increased by 137.75 points, or 0.59%, to 23,413.67 points.
- 20:59The US Dollar Index fell by 0.06%, closing at 99.357.According to ChainCatcher, citing Golden Ten Data, the US Dollar Index, which measures the dollar against six major currencies, fell by 0.06% on December 2, closing at 99.357 in the late foreign exchange market. 1 euro exchanged for 1.1622 US dollars, higher than the previous trading day's 1.1608 US dollars; 1 pound exchanged for 1.3211 US dollars, lower than the previous trading day's 1.3213 US dollars. 1 US dollar exchanged for 155.88 yen, higher than the previous trading day's 155.48 yen; 1 US dollar exchanged for 0.8032 Swiss francs, lower than the previous trading day's 0.8044 Swiss francs; 1 US dollar exchanged for 1.3971 Canadian dollars, lower than the previous trading day's 1.3997 Canadian dollars; 1 US dollar exchanged for 9.4286 Swedish krona, lower than the previous trading day's 9.4589 Swedish krona.