Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. $470M Liquidation and Altcoin Surge: The crypto market saw $470 million in liquidations as Bitcoin retreated from its near $100,000 high on Nov. 24. Meanwhile, legacy altcoins like Dogecoin, XRP, and Stellar surged unexpectedly, with Stellar gaining 50% and Dogecoin hitting its highest price since May 2021.

2. Tether Finance, Politics, and Crypto: Cantor Fitzgerald acquired a 5% stake in Tether for up to $600 million, signaling a strategic alliance.

3. 🪂Airdrop Essentials🎁: Get the latest airdrop now! Read UseTheBitcoin’s “Loopscale Potential Airdrop Guide” to learn more on how to qualify and participate in the Loopscale Potential airdrop!

4. 💡Feature of the Day - FIFA Rivals Web3 Gaming: FIFA and Mythical Games announced FIFA Rivals, a blockchain-based soccer game launching in 2025.

   
   All this and more in today’s headlines!

📰 News Highlights:

$470M Liquidation and Altcoin Surge [Source][Source][Source]

The crypto market faced a massive $470 million liquidation as Bitcoin retraced from its near $100,000 high on Nov. 24.

Altcoins from the 2020-2021 bull cycle, including Dogecoin, XRP, and Stellar, unexpectedly surged, contributing to heightened volatility.

Stellar saw gains of up to 50%, while Dogecoin hit its highest price since May 2021, signaling a revival of interest in legacy tokens.

Analysts suggest this resurgence may reflect long-dormant traders re-entering the market.

Tether Finance, Politics, and Crypto [Source][Source]

Cantor Fitzgerald has reportedly acquired a 5% stake in Tether, valued at up to $600 million, marking a strategic alliance that could bolster Tether’s position under the incoming Trump administration.

With Cantor CEO Howard Lutnick newly appointed as Secretary of Commerce, this deal highlights the intertwining of finance, politics, and the crypto economy.

Tether, which manages over $134 billion in reserves, remains under scrutiny for potential misuse in illicit activities, but Lutnick’s leadership could steer the narrative toward its role as a stable financial tool in high-inflation economies.

🪂Airdrop Essentials🎁:

Loopscale Potential Airdrop Guide

Loopscale, a new DeFi lending and borrowing platform on Solana, is shaking up the game with a peer-to-peer orderbook approach.

This system lets users set custom terms for loans, like collateral, rates, and duration, moving beyond traditional pool-based models.

With support for diverse collateral types, including liquidity provider tokens and tokenized real-world assets, Loopscale unlocks greater efficiency and asset value.

To potentially qualify for an airdrop, ensure you have Solana-based tokens ready in your Web3 wallet to lend or supply on the platform.

🔗 Dive into the full guide: Loopscale Potential Airdrop Guide

💡 Feature of the Day: 

FIFA Rivals Web3 Gaming [Source][Source]

FIFA and Mythical Games are set to launch FIFA Rivals, a free-to-play blockchain soccer game, in the summer of 2025.

Built on the Mythos blockchain and secured by Polkadot, the game will enable players to manage teams, compete in real-time, and own in-game assets, creating a play-to-earn ecosystem.

John Linden, Mythical’s CEO, projects FIFA Rivals could onboard over 100 million gamers to Web3, leveraging FIFA’s global reach.

Today’s Sponsor:

This week we have partnered with Gemini.

Gemini is crypto-obsessed and compliance-focused, making it safe and easy to buy and sell crypto.

Over $200 billion USD in volume traded.

Join the movement today with Gemini.

😂 Crypto Meme of the Day: 

Meme of the day provided by @TheBTCTherapist

And that’s it for this today.

Buy, sell, store, and convert crypto with today’s sponsor Gemini, full-reserve and highly-regulated cryptocurrency exchange and custodian!

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com