MyToken Short-Term Trading Assistant just detected a buy signal of XRP/USDT at UTC/GMT 04:00:00 am, Dec. 07, with the buy price at 2.07 USDT. According to the analytical result from Short-Term Assistant, recently XRP is going strong and showing an uptrend. The next support level below is 2.02 USDT. To learn about more trading signals, please go to「MyToken - Assistants - Trading Assistants」💡

According to Odaily Planet Daily, NVIDIA CEO Jensen Huang recently stated when discussing energy and blockchain that Bitcoin is "transforming and preserving idle or surplus energy around the world into a new form of currency," one that can be carried and circulated globally. He pointed out that this digital pathway for energy is becoming one of the important value foundations of Bitcoin.

According to Huoxun Finance on December 7, China's gold reserves at the end of November were 74.12 million ounces (approximately 2,305.39 tons), an increase of 30,000 ounces (approximately 0.93 tons) month-on-month, marking the 13th consecutive month of gold purchases.

Huoxun Finance reported on December 7th that analyst @TXMCtrades stated on the X platform that Bitcoin's activity metric is rising, potentially indicating that the current market cycle is not yet over. Activity is the sum of all on-chain lifecycle spending and holding activity. Activity increases when tokens are net traded; it decreases when tokens are held, and adjusts based on the token's issuance date. In a bull market, activity typically rises as supply changes hands at higher prices, indicating new capital inflows. As demand weakens, its momentum slows, and the metric declines. It's similar to a long-term moving average of on-chain activity, a straightforward indicator. Despite lower prices, the activity in this cycle continues to rise, suggesting a bottom in spot Bitcoin demand that isn't reflected in price action. While activity typically lags far behind price action and therefore isn't a market signal, its momentum remains positive from this perspective. Some large entities are taking action in the market; it's just unknown who they are.

According to Huoxun Finance on December 7th, Arkham monitoring revealed that a whale named "0xBADBB" has used two accounts to historically go long a total of $314.23 million in ETH, HYPE, and XRP, with a leverage of approximately 6x. Currently, it has incurred a total loss of $20.46 million.