November Softens but Perp DEX Platforms Flex $1.13 Trillion in Onchain Derivatives Action

The stablecoin market, valued at $306 billion, is experiencing a resurgence in liquidity, primarily driven by the performance of USDC. This uptick follows a period of reduced trading activity and liquidity challenges that had previously affected the market. The renewed interest in USDC is indicative of a broader recovery trend within the cryptocurrency sector.

Bitcoin's price has stabilized around $91,453, showing resilience after recent fluctuations and a significant sell-off. Analysts are observing key resistance levels as bulls attempt to build momentum while bears guard these critical thresholds. The market sentiment remains cautiously optimistic as Bitcoin approaches recent highs.

Beijing has intensified its prohibitive stance on cryptocurrency speculation amid growing risks associated with the market. This move comes as the Chinese government aims to mitigate potential financial instability linked to digital currencies, reflecting a broader trend of regulatory scrutiny in the crypto space.

Publicly traded bitcoin miners have experienced a significant uptick in performance, rebounding from previous declines and capitalizing on favorable market conditions. This resurgence is marked by a notable increase in bitcoin prices, which have recently shown momentum as they approach recent highs, indicating a recovery in investor confidence.

Bitcoin's price has shown signs of recovery, trading around $91,000 after a significant sell-off, although trading volume has decreased. Analysts are monitoring key resistance levels, particularly around $90,000, as the market sentiment shifts cautiously optimistic.

A new broker, Mortgage On Chain, has emerged in Australia, specifically targeting cryptocurrency investors interested in property ownership. This initiative aims to bridge the gap between digital assets and real estate, providing a unique opportunity for crypto holders to invest in the Australian property market.

Bitcoin's price has shown mixed momentum but remains bullish, recently trading around $91,000 after a recovery from a significant sell-off. Analysts have noted reclaimed support levels and a filled fair value gap, suggesting potential for further upward movement in the cryptocurrency market.

Ghana is implementing blockchain technology to combat gold smuggling, aiming to enhance transparency and traceability in its gold supply chain. This initiative is part of a broader effort to regulate the gold mining sector and curb illegal activities that undermine the economy.