PepperDEX and Spicenet? It’s like the perfect power couple. Spicenet is the hyper-performant L2 built for trading, while PepperDEX will lead the charge as the flagship application on Spicenet, showing what is possible on the best trading infra DeFi has seen. The Spicenet Testnet is just around the corner, and things are about to get a whole lot spicier! Don’t miss out on the exciting updates and announcements we have in store. Stay tuned!

Starting the new week with some spicy exercises 🥵 gSpice!

All I want for Christmas is… faster trades, unified liquidity, and deep markets. Oh wait, @spicenetio has it all! 🎄

Santa better watch out, these peppers are bringing the heat!

$BTC closed at approximately $95,000 after reaching an ATH of $108k+ during the week.

$BTC opened this week at approximately $105,000 Are we riding this momentum, or will Sunday’s close tell a different story?

Listen up: here are the 7 hot takes on crypto twitter this week ‣ Bitcoin's Quantum Computing Threat: There's talk about quantum computing potentially becoming a significant threat to Bitcoin's cryptographic security. Some believe that this could lead to a major shift or even a crash if countries like China or India decide to leverage their quantum capabilities to legislate against or directly attack Bitcoin's security. xitter.cf/Marcusgibson/status/18… xitter.cf/AJManaseer/status/1866… ‣ Centralization Concerns: There's a hot take that Solana, despite its speed and use in DeFi, might face challenges due to its perceived centralization, with some predicting it could become a "ghost town" like BNB if the issues aren't addressed. Ethereum, on the other hand, is seen as having a lot of work to do but remains the "big dog" in the space. xitter.cf/HYZRBurgh/status/18665… ‣ Stablecoins and Fiat: A controversial opinion suggests that stablecoins are just "fiat with lipstick," implying they miss the point of cryptocurrencies by being too closely tied to traditional financial systems. The argument is that Bitcoin, once it fully monetizes, will provide true stability. xitter.cf/HubertusVIE/status/186… ‣ Crypto's Personality Cult: There's an acknowledgment that personality cults significantly influence the crypto market, suggesting that the sector might be too personality-driven rather than focusing on sustainable business models. This could be both a strength and a weakness for the industry. xitter.cf/wjackwong/status/18665… ‣ Crypto's Future Under Trump: Speculation around Donald Trump's influence on cryptocurrency post-election suggests that if he reneges on crypto-friendly promises, there could be a significant Bitcoin dump, potentially bringing prices down to around $40k. This reflects the sensitivity of crypto markets to political changes. xitter.cf/GenYusuf21/status/1866… ‣ Attention Shift: The post suggests that with Berachain's launch, investor attention could shift from Hyperliquid, potentially leaving those who moved their investments from Solana to Hyperliquid feeling they made a misstep. This highlights how in the crypto space, market dynamics are heavily influenced by where the spotlight or attention falls. xitter.cf/MrPkar/status/18679375… ‣ Bitcoin's Security and MEV: There's a perspective that Bitcoin's security, particularly with the upcoming BitVM developments, might face long-term questions about its security budget, while Solana's MEV (Miner Extractable Value) dynamics are currently not in a good state, potentially impacting its future. xitter.cf/jon_charb/status/18680… And that's a wrap for this week's spotlight. Agree?? Disagree? Got your own take? Drop them in the comments.

Spotted at the café wearing our tee. Looks like the spice is spreading

Who thinks @Peprika_Inferno should be fired for shorting in this market?

As part of the Spicenet ecosystem, PepperDEX is excited for the future of DeFi innovation. Let’s turn up the heat! 🌶️

It's another explosive week in crypto and we have curated a list of 8 threads we found interesting covering AI agents, memecoins, Ethereum ecosystem updates, and more. ➜ Want to capitalize on $XRP meme trends? @kepochnik breaks it down. xitter.cf/kepochnik_/status/1864… ➜ Using a simple infographics, @DeRonin shares actionable insights on finding the best memecoin entries. xitter.cf/DeRonin_/status/186426… ➜ Looking for the next hyperliquid or $XION? Here are 15 airdrops worth doing by @DefiIgnas xitter.cf/DefiIgnas/status/18643… ➜ Stay informed, here are top project launching tokens before the year runs out by @PinkBrains_io xitter.cf/PinkBrains_io/status/1… ➜ @0xtaetaehoho summarizes the most important discussions from 300 hours of Devcon videos all about Ethereum ecosystem. xitter.cf/0xtaetaehoho/status/18… ➜ Want to stay informed? Check out @Dropstab_com highlight on coins that are currently reaching new all-time highs in the past week. xitter.cf/Dropstab_com/status/18… ➜ Stay updated on November’s TVL performance across key chains with @CryptoRank_io. xitter.cf/CryptoRank_io/status/1… ➜ More on AI Agents @sgershuni shares additional perspectives on the role of AI in crypto. xitter.cf/sgershuni/status/18639… That’s a wrap! Don’t forget to keep up with the trends and stay spicy!

Wake up. Check portfolio. You?

What's the most important DEX feature to you?

Top Gainers in the last 24hrs: $IOTA, $HBAR, $VET, $ONDO, $JASMY $SAND, $MATIC, $QNT, $LINK, $FTM e.t.c What token are you currently bidding in the market?

𝗖𝗿𝘆𝗽𝘁𝗼 𝗪𝗲𝗲𝗸𝗹𝘆 𝗥𝗼𝘂𝗻𝗱𝘂𝗽 This week in crypto highlights the key market movements, innovations, regulatory updates and major industry events. 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄 ➜ Bitcoin ($BTC): Bitcoin faced significant volatility this week, dropping to $91,000 after nearing its ATH of $100,000. The dip was primarily due to long-term holders cashing out, but bullish sentiment remains strong, driven by institutional investments and network upgrades. Despite this drop, Bitcoin continues to dominate the market with a dominant market share of 57.07%. ➜ Ethereum ($ETH): Ethereum briefly touched the $3,600 mark as the second-largest cryptocurrency by market capitalization saw a surge following Bitcoin’s rally. ➜ The total cryptocurrency market cap surged to $3.30 trillion, with daily trading volumes in the billions. Extreme greed, reflected in a Fear and Greed Index of 83, has driven significant volatility, while the altcoin index holds at 57/100. ➜ @MicroStrategy, led by Michael Saylor, has further bolstered its Bitcoin holdings, purchasing an additional 55,500 BTC, valued at approximately $5.4 billion. This ongoing accumulation strategy underscores the company’s long-term belief in Bitcoin as a store of value. ➜ The stock of publicly traded Chinese company SOS saw a significant surge, rising by 100% following the announcement of plans to purchase up to $50 million worth of Bitcoin. This move is seen as a reflection of increasing institutional adoption and interest in Bitcoin. ➜ ZA Bank, Hong Kong’s largest digital bank, has taken a significant step in the integration of crypto into traditional banking by launching crypto trading services for its clients, marking a major development in the region’s regulatory landscape and institutional adoption of digital assets. 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗡𝗲𝘄𝘀 ➜ US Senator Ted Cruz has advocated for Texas to become a global center for Bitcoin and cryptocurrency innovation. His support reflects the growing trend of U.S. politicians and states positioning themselves as leaders in the crypto space. ➜ The Trump administration is considering appointing the CFTC to oversee digital asset regulation. ➜ A new bill has been introduced in Brazil's Chamber of Deputies, aiming to establish a strategic Bitcoin reserve for the country. ➜ Morocco is set to legalize cryptocurrencies once again, reversing the ban enacted in 2017. This change in policy could potentially stimulate the country’s crypto industry and provide a favorable environment for businesses and investors in the region. ➜ Mexican-based drug cartels have been allegedly selling $USDT at a discount, knowing its association with illicit activities may taint its reputation. These coins are then sold at higher prices in other countries, such as Colombia. ➜ A Brazilian congressman has proposed the creation of a National Bitcoin Reserve, following the success of similar initiatives in other countries. This move could significantly enhance Bitcoin’s legitimacy in the financial system. 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀 ➜ @Ripple has announced plans to invest in Bitwise's Physical XRP ETP, marking a significant move to strengthen the liquidity and accessibility of XRP for institutional investors. ➜ @MetaMask now supports gasless swaps on Ethereum, enabling token trades without gas fees. This feature is expected to streamline the trading process and make it more user-friendly for newcomers. ➜ @zero1_labs has revealed three deflationary mechanisms for its $DEAI token, as well as an upcoming airdrop for stakers. The project also disclosed that DEAI would serve as the native currency for Cypher, its upcoming blockchain. ➜ @SynFuturesDefi, the first permissionless perpetual contract launchpad, has introduced its token, $F. The token will provide utilities such as voting power, boosts for airdrops, and fee discounts. It is set to be listed on Bybit on December 6, 2024. ➜ @avax has launched Avalanche9000 on testnet, a major upgrade designed to simplify the process of releasing new Avalanche Layer 1s. This is expected to increase the scalability and usability of the Avalanche network. ➜ @LFJ_gg (formerly Trader Joe) has released Token Mill, a novel bonding curve automated market maker on the Avalanche network. ➜ @NATIXNetwork introduced VX360, a novel decentralized physical infrastructure network (DePIN) data collection device for mapping and autonomous driving. This innovation is a step toward enhancing real-world utility for blockchain technology and could accelerate the adoption of decentralized solutions in the logistics and transportation sectors. ➜ @jito's proposal to enable a fee switch mechanism for its $JTO token has gone live, adding a layer of flexibility for decentralized applications and users within the ecosystem. ➜ @SuiNetwork has partnered with $1.5 trillion asset manager Franklin Templeton to support ecosystem builders within the Sui network. 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗮𝗻𝗱 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗨𝗽𝗱𝗮𝘁𝗲𝘀 ➜ The popular crypto platform @pumpdotfun has disabled its live-streaming feature amid ongoing regulatory concerns and platform adjustments. ➜ The United Kingdom has officially set plans to regulate cryptocurrency by 2026, signaling its intent to create a clear and supportive framework for digital assets and blockchain technology. ➜ Video platform Rumble has announced it will use its cash reserves to purchase Bitcoin, following in the footsteps of other tech companies that have embraced Bitcoin as a store of value. ➜ @coinbase users face delays in $SOL transactions due to network issues and high transaction volumes. ➜ @ethereum has regained its position as the leading blockchain for Tether (USDT), surpassing Tron, with a total supply of $60.3 billion on the Ethereum network. This is indicative of Ethereum’s continued dominance in the stablecoin market. ➜ Crypto exchange @OKX has launched a trading platform and self-custodial wallet in Belgium, expanding its presence in Europe. 𝗢𝘁𝗵𝗲𝗿 𝗡𝗲𝘄𝘀 ➜ @elonmusk has suggested that the IRS will be audited by the Department of Government Efficiency (DOGE), offering his usual provocative commentary on governmental practices. ➜ Financial pundit Jim Cramer has endorsed Bitcoin, Ethereum, and other cryptocurrencies, stating that they deserve a place in investors' portfolios due to their potential for long-term growth. ➜ A Shenzhen court has ruled that cryptocurrencies, including USDT, cannot serve as a legal form of wage payment under Chinese labor laws, a decision that may have far-reaching implications for how crypto is used in the workplace. ➜ SEC Chairman Gary Gensler announced his resignation, which could lead to shifts in regulatory approaches for the cryptocurrency market in the United States. ➜ Hyperliquid launched its $HYPE token on November 29, with 31% of the token supply allocated for its airdrop. ➜ pSTAKE Finance is launching a new staking mechanism for its $PSTAKE token, enabling stakers to earn Bitcoin by staking their tokens. ➜ @0xSonicLabs has launched its new Ethereum Virtual Machine (EVM) on testnet. This EVM will enhance interoperability between Fantom and Ethereum, enabling users to move assets more efficiently between the two networks. 𝗡𝗲𝘅𝘁 𝘄𝗲𝗲𝗸'𝘀 𝗲𝘃𝗲𝗻𝘁𝘀 ➜ 04-05 December 2024, Wed-Thu Narva, Estonia W3N 2024 celebrates Web3, AI, and digital art, bringing together creators, entrepreneurs, and innovators for talks, music, and immersive experiences in Narva. It explores the future of decentralized technologies at the crossroads of history and innovation. ➜ 04-05 December 2024, Wed-Thu Bangalore, India India Blockchain Week (IBW), from 2-8 December, is India’s premier blockchain event series, featuring key Web3 events like ETHIndia, Polygon Connect, and Pragma by ETHGlobal, celebrating India’s digital transformation. ➜ 09-10 December 2024, Mon-Tue Abu Dhabi, UAE The Bitcoin Conference and Bitcoin MENA 2024 will gather global Bitcoin leaders, investors, and enthusiasts to discuss Bitcoin’s future and innovations within the ecosystem. SOURCES: Coinbase, Defillama, Watcherguru, Coinmarketcap, Degennews.

Live in 30 in the Spicenet discord!

Happy spicegiving, y'all