The head of Coinbase spoke about the 'most pro-crypto Senate' in U.S. history.

On November 5, presidential elections were held in the U.S. Alongside the president, one-third of the Senate and the entire House of Representatives of the American Congress, as well as governors of 11 states and two territories, were elected.

According to Brian Armstrong, head of the largest U.S. cryptocurrency exchange Coinbase, more than 200 'pro-crypto' candidates have already been elected to the Senate and House of Representatives. In a post on X, Armstrong thanked everyone who 'stood up for crypto':

'Today, crypto voters spoke strongly — across party lines and in key votes nationwide. Americans, more than others, care about the issue of cryptocurrency and want clear regulatory rules for digital assets. We look forward to working with the new Congress to bring that to fruition.'

Armstrong refers to data from the site standwithcrypto.org, which catalogs American politicians, collecting their positions or statements for or against the crypto industry.

Coinbase shares (COIN) gained about 11% in NASDAQ premarket trading."

Michael Saylor congratulates everyone.

Former Binance CEO (CZ) urges smart risk management, considering Bitcoin's all-time highs.

"Don’t put all your eggs in one basket."

Tonhub Launches Visa Debit Card for Its Users

Tonhub, a non-custodial wallet for storing and using the TON cryptocurrency, continues to expand the possibilities of Web3!

Users can now apply for a Visa card directly within the app, linked to their TON or USDt balance, and make payments seamlessly via Apple Pay and Google Pay.

At Tonhub, your account isn't just a bank record but a smart contract connected to your wallet on the TON blockchain. You own your funds and manage them directly, elevating your crypto wallet to the level of a neobank.

Key Benefits of the New Card from @tonhub:

▪️ Registration in just a few minutes — quick KYC procedure.
▪️ Minimal fees — only 1.5% per transaction.
▪️ Global payments — all the advantages of a fiat debit card (including SEPA and SWIFT transfers).
The project was realized in collaboration with the Holders platform, specializing in issuing non-custodial cards.

Currently, the service is available only to users with a European ID.

By 2025, there are plans to expand card availability to users in CIS countries, Latin America, and the Middle East, as well as integrate the service with wallets like TrustWallet, TonKeeper, and MyTonWallet.

Try out Tonhub and discover the possibilities of Web3 payments.

Santiment: The crypto community is celebrating Bitcoin's new all-time high.

Over the past year, wallets belonging to whales and sharks holding at least 10 BTC have accumulated a total of 234.15K BTC (currently valued at $19.76 billion). The cryptocurrency's ascent is largely due to the continuous trust and accumulation from these key large-scale participants.

However, ongoing FUD, capitulation, and inconsistent faith among the broader crowd in cryptocurrency (allowing whales to buy at lower prices) have also contributed to this historic rise.

Currently, euphoria is high (though it hasn’t reached the levels of mid-March when Bitcoin was at previous cycle highs).

Expect prices to rise as long as whales keep buying more, and retail traders continue to sell them their cheap coins during minor dips.

$IBIT has reached $40 billion in assets (just two weeks after hitting the $30 billion mark) in a record 211 days, breaking the previous record of 1,253 days held by $IEMG.

It now ranks in the top 1% of all ETFs by assets, and its age (10 months) surpasses all 2,800 ETFs launched over the last TEN years.

In October, the average dormancy time for #Bitcoin exceeded 5 years for the first time.

This metric, reflecting the average holding time of coins, now accounts for ~1/3 of Bitcoin’s total lifespan.

Historically, high average dormancy often preceded price jumps, according to Ark Invest.

Meme coins are outperforming other cryptocurrencies from the top 100 in terms of growth rates.

The leaders are PEPE, following its listing on Coinbase, Robinhood, and South Korea's Upbit, as well as PNUT and ACT, which Binance recently added to the spot market.

Whales significantly increased their purchases of DOGE – in the last 24 hours, large wallets have bought 140 million tokens, according to Santiment data.

Ethereum ETFs saw a net inflow of $515 million last week — an all-time record since their launch.

Bitcoin ETFs recorded an inflow of $1.8 billion for the week.

More than 60 publicly traded companies have already adopted a Bitcoin strategy — and the number of such small private companies is estimated to be in the thousands.

BTC miners' performance improved in the first half of November. Their stocks increased by an average of 30%. Public miners in the US currently account for about 28% of the global hash rate — JPMorgan

Patoshi's fortune has reached $101.3 billion, making him the 13th richest person in the world.

The stack of 1,096,160 BTC continues to increase in value, effortlessly surpassing other billionaires.
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Patoshi is a term used to describe early Bitcoin mining activity, believed to have been conducted by Satoshi Nakamoto, the mysterious creator of Bitcoin. The name comes from a combination of "Satoshi" and the "Patoshi pattern."

On the other hand, the term "Patoshi Miner" specifically refers to the entity or entities responsible for this early mining activity.

It is assumed that the Patoshi miner is either Satoshi Nakamoto or an organization closely associated with him, based on the analysis of mining patterns observed in the early Bitcoin blockchain blocks.

Today, the Cosmos Foundation sold 3,000 ETH for a total of $10 million—funds originally raised during their ICO. Since late April, the team has liquidated 21,600 ETH, amounting to $56 million at an average price of $2,591 per ETH.

The foundation still holds 384 BTC and 23,587 ETH, with a combined valuation of $96 million.

It’s worth noting that ATOM is currently showing one of the weakest performances in this cycle: when BTC was priced at $16,000, ATOM traded at $10, but its value has now dropped to $6.5.

Top 10 IDO / IEO Rankings in Recent Times

The announcement of the Thena (THE) coin distribution on Binance triggered a 900% surge in the price of The Protocol (THEPROTOCOL) token on the MEXC cryptocurrency exchange.

At the time of the announcement about Thena’s airdrop on Binance, The Protocol token had the ticker THE on MEXC — identical to Thena’s ticker, which was not yet traded on this exchange.

After The Protocol’s price suddenly skyrocketed tenfold, it quickly plummeted back to nearly its original value. The token’s ticker on MEXC was corrected to THEPROTOCOL, and trading was suspended.

It’s worth noting that The Protocol cryptocurrency, under the ticker THE, was added to the MEXC platform back in the fall of 2022. Trading for THEPROTOCOL resumed on the platform at 3:00 PM Moscow time, and the token’s price immediately continued to decline.

Following Binance’s announcement, Thena’s cryptocurrency price increased by 345%.

Mining companies spent $3.6 billion on infrastructure upgrades in 2024 — the majority of the funds were allocated to equipment modernization.

The increase in infrastructure spending in the cryptocurrency mining sector coincides with record hash rate values and mining difficulty.

WisdomTree has filed with the U.S. SEC for an exchange-traded fund (ETF) for the XRP token from Ripple. WisdomTree already manages a Bitcoin-based spot ETF, with investor assets totaling over $365 million. Earlier, Canary, Bitwise, and 21Shares also submitted applications for similar XRP funds. The latter two also have their own Bitcoin ETFs.

Following the success of Bitcoin and Ethereum ETFs in 2024, fund issuers began applying to launch similar funds for individual assets like Solana or multi-currency ETFs, which allow investment in cryptocurrency baskets. More than 10 current applications are under review by the SEC, with decisions expected in 2025.

Market participants are anticipating a more lenient approach to cryptocurrency regulation from the administration of Donald Trump. Under SEC Chairman Gary Gensler, the agency rejected spot ETF applications for Bitcoin for nearly 10 years, approving the first ones only in January of this year. Gensler will resign on January 20, the day of Trump's inauguration.

The principle behind spot ETFs is that fund managers buy cryptocurrency to back the fund’s shares or sell it when those shares are redeemed, while the shares track its market (spot) price. These shares are traded on major exchanges like NYSE, NASDAQ, and CBOE.

TOP-15 blockchains by the number of daily active addresses in November

Solana - 6.7 million
NEAR - 3.3 million
Tron - 2.2 million
Base - 1.1 million
BNB Chain - 920,000
Sui - 836,000
Aptos - 743,000
Celo - 619,000
TON - 610,000
Polygon - 599,000
Bitcoin - 525,000
Arbitrum - 435,000
Ethereum - 399,000
Sei - 116,000
Linea - 71,000