On the first day of the new week, Bitcoin is trading at $98,641 and Ethereum is trading at $3,886. The total value of the cryptocurrency market is 3.5 trillion dollars. Bitcoin’s market cap is $1.94 trillion, and Ethereum’s market cap is $468 billion.

Ethereum ETFs experience highest weekly inflows since launch, Bitcoin ETFs surpass Satoshi’s estimated holdings by 1.1 million BTC

Spot Ether ETFs have recorded ten consecutive days of net positive inflows for the first time since their launch in July 2023. A total of $83.8 million was entered into these funds on Friday. More than half of this amount was made up of Fidelity’s FETH fund with $47.9 million. Daily transaction volume reached approximately 992 million dollars, reaching the second highest daily transaction level excluding the launch week.

A record $836.7 million inflow was achieved into Ether ETFs last week. This represents a 62% increase over the previous highest weekly entry. BlackRock’s ETHA fund was the leader with an inflow of $520 million in the last week, while Fidelity’s FETH fund followed with $276 million. The strong rise in the Ethereum price, exceeding $ 4,000, played an important role in increasing this interest.

Additionally, Ethereum’s on-chain transaction volume in November reached its highest level since December 2021. Similarly, US-based spot Bitcoin ETFs also recorded positive inflows for seven consecutive days.

During this period, there was a total net inflow to the funds of over 3 billion dollars. Total assets of spot Bitcoin ETFs reached 1.1 million BTC, surpassing Satoshi Nakamoto’s estimated Bitcoin reserves. While BlackRock’s IBIT product was the leader with 521,164 BTC, the ETFs’ total assets under management exceeded $100 billion as the Bitcoin price rose above $100,000.

‘Possible peak’ signal for Bitcoin: Long-term investors sold 828 thousand BTC in 30 days

Bitcoin’s rise towards $100,000 has seen long-term investors sell large amounts. According to some analysts, this could be a peak signal that could cause the markets to return to a bear trend.

“It’s like a game of musical chairs: Enjoy the journey, but be prepared when the music stops,” CryptoQuant analyst Maartuun said in a statement. He used his expressions. Since November 8, long-term investors who have held Bitcoin for at least 155 days have sold 827,783 BTC. This sale equates to approximately $82.6 billion at current prices.

On the other hand, in the same period, MicroStrategy purchased 149,800 BTC and spot Bitcoin ETFs received 84,193 BTC. However, according to Maartuun, these purchases cover only 30% of long-term investors’ sales. Still, he noted that Bitcoin’s retail demand has reached “yearly highs” despite this strong selling pressure.

long term BTC It is stated that owners achieved a return as high as 400% with an average purchase cost of $ 24,481. However, analyst Jamie Coutts said that Bitcoin’s current rally is taking place in conditions of falling liquidity, which could limit the sustainability of the rally. According to Coutts, Bitcoin’s current rise may not be long-term if market conditions worsen.

Iran prepares to regulate crypto rather than restrict it

Iranian Minister of Economy and Finance Abdolnaser Hemmati announced that the government plans to take regulatory steps instead of restrictive approaches towards crypto assets. According to Iranian state news agency Nour News, Hemmati stated in his speech at a national event that they aim to eliminate the negative effects of cryptocurrencies on the economy and benefit from their positive aspects.

He also stated that digital currencies fall under the jurisdiction of the Central Bank of Iran. Hemmati said he hopes cryptocurrencies can be used to increase youth employment in Iran, ease US sanctions and strengthen the country’s integration with the global economy. On the same day, the Central Bank of Iran published a document outlining planned new policies regarding cryptocurrencies.

It was stated that these policies aim to support crypto investors by complying with local tax and anti-money laundering laws. According to economist Mohammad Sadegh Alhosseini, Iranian investors currently hold approximately $30 billion to $50 billion worth of crypto assets; This figure is equivalent to approximately one-third of the country’s total gold market.

These developments come at a time when US President Donald Trump has increased his expectations for a positive regulatory environment for cryptocurrencies. Following his re-election, Trump continued his supportive stance in this area by appointing crypto supporter Paul Atkins to head the US Securities and Exchange Commission.

The record-breaking Bitcoin is traded at $101,955 and Ethereum is traded at $3,858. The total value of the cryptocurrency market is 3.57 trillion dollars. Bitcoin’s market value is 2.01 trillion dollars, Ethereum’s market value is 464 billion dollars.

Bitcoin surpasses $100,000: How BTC price reached a new record high

BTC surpassed the $100,000 level and hit the $104,000 level, leaving a psychological turning point for investors. This historic rise accelerated following Donald Trump’s victory in the 2024 US presidential elections and his promises of a crypto-friendly administration. While Trump nominated Paul Atkins to head the SEC, he also appointed pro-crypto names to important positions such as the Treasury Department and the Commerce Department.

Behind this impressive rise of Bitcoin are not only political factors, but also important developments such as macroeconomic conditions and the approval of spot BTC ETFs. Approved in 2024, ETFs made it easier for institutional investors to access crypto and brought a massive influx of capital into the market. In addition, Bitcoin’s limited supply structure and the supply-demand balance created by the regular halving of block rewards were among the important factors supporting the price increase. Macroeconomic conditions also influenced Bitcoin’s rise.

At a time when inflation is at high levels, Bitcoin has become a safe haven asset as digital gold. Experts predict that Bitcoin could reach $200,000 by 2025. These predictions show that Bitcoin has gone beyond being just an investment tool and has become an important asset in the global financial system.

Fed Chairman Powell: “Bitcoin is like gold, but digital”

US Federal Reserve Chairman Jerome Powell compared Bitcoin to gold in his statement at the New York Times’ DealBook Summit and said, “BTC is used as a speculative asset. “It’s like gold, but digital.” he said. Powell stated that BTCn is not used as a means of payment and is quite volatile. He also said that he does not see BTC as a rival to the dollar, and that he thinks the real competition is with gold. President-elect Donald Trump’s open attitude towards crypto was effective in the BTC price reaching these levels.

Trump drew attention by nominating Paul Atkins, who had a crypto-friendly background, as SEC chairman. Powell emphasized that the Fed does not directly regulate the cryptocurrency market, but that interactions between crypto and the banking industry should not threaten the health of banks. When asked if he had any crypto investments of his own, he replied: “That is not allowed.” Despite Trump’s criticism, Powell stated that the Fed is an independent institution and will not bow to political pressure.

Mt.Gox moved $2.4 billion of BTC just after BTC crossed $100,000

went bankrupt in 2014 crypto- money exchange Mt. Gox transferred 24,051 BTC (approximately $2.5 billion) to an unknown address on December 5, just after the Bitcoin price surpassed $100,000. According to Arkham Intelligence data, this transfer took place at 2:45 UTC and was the first time the exchange moved BTC since November 12. It is noteworthy that the transfer was made shortly before BTC reached $ 104,000 on Coinbase.

Mt. Although it is not known why Gox made this transfer, similar moves in the past have been seen as a sign of preparations to pay its creditors. Such large-scale transfers are often perceived as a negative sign for BTC, as billions of dollars worth of BTC may be sold into the market.

Mt. Gox creditors can receive their payments in BTC, and a Reddit poll conducted in July revealed that many creditors are not considering selling their BTC immediately. Additionally, in October, the creditor payment plan managed by the stock exchange was extended until October 31, 2025, and it was announced that many creditors still did not complete the necessary procedures. After the final move, Mt. It is stated that Gox still holds 39,878 BTC (approximately $ 4.1 billion).

On the new day, Bitcoin is trading at $96,459 and Ethereum is trading at $3,682. The total value of the cryptocurrency market is 3.38 trillion dollars. Bitcoin’s market cap is $1.9 trillion, while Ethereum’s market cap is $443 billion.

XRP has become the world’s third largest crypto asset; It surpassed Solana and Tether’s USDT in market value.

XRP has surpassed Solana and Tether (USDT) in terms of market cap, becoming the world’s third-largest crypto asset behind Bitcoin and Ethereum. While XRP’s market value reached 141.8 billion dollars, Tether’s market value remained at 134.5 billion dollars. While the XRP price increased by 30% in the last 24 hours to $ 2.46, it recorded a total increase of 364.1% in the last month.

This rise came after the news that Ripple’s stablecoin named RLUSD will be approved by the New York Department of Financial Services (NYDFS). Ripple plans to launch RLUSD on December 4. XRP’s rise was also supported by the announcement that US Securities and Exchange Commission (SEC) Chairman Gary Gensler will leave office in January.

While the legal process between the SEC and Ripple has been continuing since 2020, investors are excited about the possibility that the case may be terminated or withdrawn under new leadership with Gensler’s departure.

Additionally, the launch of spot ETFs for XRP is also on the agenda. Companies like 21Shares, Canary Capital, and Bitwise have filed for XRP ETFs. While these developments increase interest in the XRP ecosystem, they are considered to strengthen Ripple’s growth potential, free from legal problems.

US Spot Ethereum ETFs record all-time high daily inflows as price rally continues

US-based spot Ethereum (ETH) ETFs witnessed record daily inflows on Friday, after US stock markets were closed on Thursday for Thanksgiving. A total of approximately 333 million dollars worth of fund inflow occurred. Much of that increase was driven by $250 million added to BlackRock’s ETHA fund and $79 million added to Fidelity’s FETH fund.

Grayscale’s ETH fund recorded an inflow of $3.4 million. No significant movement was observed in other funds. In addition, there was a net inflow of approximately $320 million in spot Bitcoin ETFs on the same day, which once again revealed the intense demand for crypto assets in the overall market. Ethereum’s increase in value by approximately 40% in the last month and approaching the $ 3,700 level contributed significantly to these record entries. The total asset value of the funds has now exceeded $11 billion and has reached the highest level in history.

Grayscale’s ETHE fund ranks first with a value of $5.37 billion, while BlackRock’s ETHA fund ranks second with a value of $2.10 billion. The net asset value of Fidelity’s FETH fund increased to approximately $952.33 million.

Ethereum It also achieved significant success by reclaiming Tether (USDT) dominance from the Tron network for the first time since 2022. This development reveals the impact of the growth in the Ethereum network as well as the USDT supply, which has increased by 62% since the beginning of the year. This intense interest in the Ethereum ecosystem has once again proven that the network continues to strengthen and increases the confidence of investors.

Crypto tax postponement for 2 years accepted in South Korea

South Korea’s Democratic Party (KDP) has backed away from its plan to impose a capital gains tax on crypto asset gains in 2025, agreeing to delay implementation for another two years. At the press conference held on December 1, KDP Parliamentary Group Leader Park Chan-dae announced that they accepted the digital asset tax postponement proposed by the government and the ruling party, the People’s Power Party (PPP).

With this development, the law was postponed until 2027. The crypto tax, which was first planned to come into force in 2021, was postponed to 2023 and then to 2025 due to investor reaction. The ruling party, PPP, wanted to postpone the tax to 2028, arguing that imposing a tax quickly could drive investors away from the market. The Democratic Party initially opposed these proposals and insisted on implementing the tax in 2025.

However, with the latest decision, a six-year postponement of the tax was introduced. Once the tax is implemented, crypto investors in South Korea will pay a 20% tax on their digital asset gains.