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Despite a significant price drop, Fundstrat’s Tom Lee predicts Bitcoin will hit a new all-time high by the end of January. He cites a recovering stock market and a potentially less aggressive Fed as key drivers, while his firm, Bitmine, continues to aggressively accumulate Ethereum.

The price of XRP fell by 6.5% to around $2, with trading volume surging over 90%. Analysts are watching the $2 psychological support level, while some point to a historical pattern from 2017 that preceded a massive price increase.

A new XRP exchange-traded fund (ETF) from 21Shares is launching in the US, marking the fifth such fund. Despite strong inflows and a significant drop in available XRP supply on exchanges, the price of Ripple’s cryptocurrency has yet to respond positively to the hype.

The crypto market saw a major downturn on December 1, with Bitcoin plunging over 5% and erasing $160 billion in total market cap. The drop is attributed to macroeconomic uncertainty ahead of a Fed speech, tightening monetary signals from Japan, and renewed regulatory pressure from China.

The first week of December could be volatile for the crypto market, with key U.S. macroeconomic data on the docket. Events like Fed Chair Jerome Powell’s speech, the PCE inflation report, and jobs data could significantly impact Bitcoin’s price.

Crypto exchange Toobit has integrated with Altrady, offering users advanced trading tools like automated strategies, real-time portfolio management, and market signals to enhance their trading experience.

Portal to Bitcoin is a new project aiming to expand Bitcoin’s utility as a settlement layer through innovations like Portal OS and BitScaler. Its PTB token has recently been listed on an exchange.

An international conference titled ‘The Future of Gold’ is set to take place in Amsterdam, featuring prominent speakers like Peter Schiff and Jim Rickards. The event will explore gold’s role as a safe haven amid record-high prices, rising inflation, and global financial uncertainty.

SoSoValue’s SOSO token is now listed on Bitvavo, offering an AI-powered platform to bring clarity to the overwhelming crypto market.

The memecoin market on Solana has collapsed to a two-year low, with trading volumes plummeting as traders shift to stablecoins, while overall network activity remains stable.