Upbit 20% proximity
Ripple (XRP)'s Upbit is at the 14% level. President Yoon Suk-yeol's election has led to a surge in virtual assets, with Upbit being recorded at 10%~20% levels alongside many coins including Ripple (XRP).


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Ripple (XRP)'s Upbit is at the 14% level. President Yoon Suk-yeol's election has led to a surge in virtual assets, with Upbit being recorded at 10%~20% levels alongside many coins including Ripple (XRP).

The price of Bitcoin instantaneously fell by 1 trillion won.

Shin Hyunbo, Hankyung.com Reporter
![[Breaking News] President Yoon Announces "Martial Law Declaration" in Midnight Emergency Address](/images/default_image.webp)
The surge of TRON (TRX) is seen as a signal for the start of the Upbit season. On the 2nd (local time), Cointelegraph stated, "TRON's market cap has surpassed 20 billion dollars, setting a historic high," adding, "This is a signal that Upbit will see

The trading volume of Ripple (XRP) on Upbit has surpassed the total trading volume of the stock market. On the 2nd (local time), Cointelegraph reported that "the trading volume of Ripple on Upbit has exceeded the total trading volume of the stock mar

Arbitrum (ARB) has emerged as the first L2 to achieve a TVL (Total Value Locked) of $20 billion. On the 2nd (local time), Arbitrum announced through X that "Arbitrum has achieved the first TVL of $20 billion in L2" and stated that "our expansion pote

Chainlink (LINK) new address creation has reached a 2-year high. On the 2nd (local time), IntoTheBlock reported that "the number of newly created Chainlink addresses is at its highest in 2 years." Currently, Chainlink on the Binance USDT market is tr

A statement has emerged that the recent Bitcoin spot ETF craze is similar to the atmosphere and factors at the time of Bitcoin spot ETF approval. On the 2nd (local time), Joo Ki-young, CEO of CryptoQuant, stated through X, "The Bitcoin spot ETF held

Pumpkin Pancake, a platform based on Solana (SOL), has emerged as having recorded the highest monthly sales in history. On the 2nd (local time), Solana Explorer announced through X that "Pumpkin Pancake's November sales recorded 93.88 million dollars

In the past 24 hours, Hot Protocol has emerged as the 2nd most used app. On the 2nd (local time), the virtual asset account Satoshi Club announced that "Hot Protocol ranked 2nd in the most used apps in the past 24 hours," stating, "The active user in

There is a claim that Bitcoin could fall to 90,000 dollars. On the 2nd (local time), analyst Ali Martinez stated through X that "Bitcoin could form a 'Head & Shoulders' pattern" and "could fall to 90,000 dollars."

Bitcoin's spot-to-futures ratio has hit a record low. On the 2nd (local time), a joint venture between Anhalt and Allemann Glassnode announced through X that "Bitcoin's spot-to-futures ratio has recorded its lowest point," and stated that "the domina

IBIT, a physical Bitcoin ETF, has reportedly sold 500,000 units of Bitcoin. On the 2nd (local time), Unfolded reported through X that "IBIT held 500,000 units of Bitcoin." The day before, 3,553.95 million dollars (approximately 4.966 trillion won) we

Jinia's Group, a leading company in Singapore, has purchased 172 BTC. On the 2nd (local time), the Bitcoin exchange announced through X that "Jinia's Group, a leading company in Singapore, has purchased 172BTC," stating it was a "15.8 billion won sca

Donald Trump, the former President of the United States, was re-elected, and it was reported that the trading fee revenue of Ethereum (ETH) surged. According to CoinDesk on the 2nd (local time), a report stated, "After Donald Trump's election victory

Coinbase, a virtual asset exchange, has announced the suspension of its cooperation with Milbank, which employed former SEC executive Gurbir Grewal. On the 2nd (local time), Brian Armstrong, CEO of Coinbase, stated through X, "Recently, Roman Milbank

The Bitcoin holdings of long-term holders have reached the lowest level since July 2022. On the 2nd (local time), IntoTheBlock reported that "the Bitcoin holdings of long-term holders are at the lowest level since July 2022," and that "Bitcoin long-t

It has been announced that from next year, virtual asset businesses will be subject to supervisory fees. According to the industry on the 3rd, the amendment to the Financial Services Commission Establishment Act was passed at the National Assembly. T

An analysis has emerged stating that Bitcoin is expected to reach 11 million dollars by the end of the year. On the 2nd (local time), Metrixport reported that "analyzing Bitcoin charts over the past 10 years shows that it rose 6 times and fell 4 time
![[Analysis] "Bitcoin, Expected to Reach 11 Million Dollars by Year-End"](/images/default_image.webp)
A claim has emerged that taking a short position on Ripple (XRP) is risky. On the 2nd (local time), Ju Kyung-young, a representative of the crypto community, stated through X Buqueit The Alt that "shorting Ripple now seems risky," adding that "althou

Ripple (XRP) has been transferred in bulk. On the 2nd (local time), Whale Alert reported through X that "1 billion XRP was transferred in bulk from an unknown wallet." This amounts to 2.7 million dollars (approximately 3.788 trillion KRW).

The rise of Ripple (XRP) is reportedly led by Koreans. On the 2nd (local time), the blockchain analysis company Skoposcan stated through X that "the recent rise of Ripple is likely led by Koreans," adding that "the trading volume of Ripple on Upbit o

There is a claim that Ripple (XRP) could drop by 20%% within December. On the 29th (local time), Cointelegraph reported, "According to technical analysis, Ripple could see a 20%% price drop in December," adding that "excessive leverage positions coul
![[Analysis] "Ripple (XRP), Possible 20% Drop by December"](/images/default_image.webp)
Over the past 3 days, Ethereum trading has resulted in the sale of 280,000 ETH. On the 29th (local time), analyst Ali Martinez stated through X that "Ethereum trading has resulted in the sale of 280,000 ETH over the past 3 days," describing it as a "

Lee Jae-myung, the representative of the Democratic Party, expressed his intention to think more about the Coin Tax. On the 30th, during a YouTube live broadcast from his car, Lee Jae-myung, the representative of the Democratic Party, stated, "We nee

A claim has emerged that Bitcoin will surge in December, aligning with the US election. On the 29th (local time), analyst Ali Martinez stated through X that "historically, Bitcoin surged in December following the US election," noting "in the past two

MicroStrategy has emerged as the company holding the most Bitcoin. On the 29th (local time), the Bitcoin analysis platform Hodl Capital shared this image through X, titled "Top 60 Bitcoin Holding Companies." According to the data, MicroStrategy holds

As the altcoin season begins, there is anticipation for the rise of Ripple (XRP) and various other altcoins. On the 29th (local time), Cointelegraph stated, "Bitcoin dominance is declining, and many analysts are optimistic about the altcoin season,"
![[Analysis] "Altcoin Season Begins... Ripple (XRP) Expected to Surge by 2.57 Dollars This Year"](/images/default_image.webp)
A statement has been made that Bitcoin Dominance is expected to decline as altcoins become more active. On the 29th (local time), a virtual asset (cryptocurrency) trader Mickey Bull Crypto stated, "Bitcoin Dominance has supported the market for two y

If you consider the interest in Bitcoin (BTC), there is a claim that an additional increase is expected. On the 29th (local time), analyst Ali Martinez stated through X that "investors are maintaining a cautious stance" and "the possibility of a Bitc
