#CMCReport: CoinMarketCap Market Overview (Nov 2023)
In this report, #CMC covers the latest market insights, trends, and developments that have unfolded in the #crypto space! 🚀
Learn More 👇
https://coinmarketcap.com/academy/article/coinmarketcap-november-2023-market-overview
🗞 CryptoNews of the Day 🗞
CBOE Will Launch Margin Futures Trading for Bitcoin and Ethereum in January 2024
: Cboe Digital, a regulated crypto-native exchange and clearinghouse, has announced the launch date for Bitcoin (BTC) and Ethereum (ETH) margin futures trading to be on January 11, 2024.
👉Details: https://coinmarketcap.com/academy/article/cboe-will-launch-margin-futures-trading-for-bitcoin-and-ethereum-in-january-2024
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🗞 CryptoNews of the Day 🗞
SlowMist Uncovers New Phishing Attack Using Fake Skype App to Steal Crypto
: Blockchain security firm SlowMist has uncovered a phishing attack involving a counterfeit Skype app designed to steal cryptocurrency funds from unsuspecting victims.
👉Details: https://coinmarketcap.com/academy/article/slowmist-uncovers-new-phishing-attack-using-fake-skype-app-to-steal-crypto
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🗞 CryptoNews of the Day 🗞
XRP Surges Temporarily After Fake BlackRock ETF Filing
: XRP experienced a sudden 12.3% surge today following a fake filing in Delaware that claimed the existence of a "BlackRock iShares XRP Trust."
👉Details: https://coinmarketcap.com/academy/article/xrp-surges-temporarily-after-fake-blackrock-etf-filing
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🗞 CryptoNews of the Day 🗞
Bitcoin Mining Revenue Hits Yearly Highs of Over $42.3M
: On November 9, Bitcoin mining revenue reached a new yearly peak, totaling $42,386,514.038, surpassing the previous high of $41,744,197.067 in May 2023, as per data from Blockchain.com.
👉Details: https://coinmarketcap.com/academy/article/bitcoin-mining-revenue-hits-yearly-highs-of-over-dollar423m
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🗞 CryptoNews of the Day 🗞
Short Squeeze Triggers $206.48 Million in Crypto Liquidations, Boosts Crypto Prices
: Bitcoin jumps past $37K as $206.48M shorts get liquidated across exchanges.
👉Details: https://coinmarketcap.com/academy/article/short-squeeze-triggers-dollar20648-million-in-crypto-liquidations-boosts-crypto-prices
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🗞 CryptoNews of the Day 🗞
Celsius Bankruptcy Plan Approved: Creditors to Receive $2B in Crypto and Shares in NewCo: On November 9, Judge Martin Glenn of the Southern District of New York Bankruptcy Court confirmed the plan, which had garnered substantial support from Celsius creditors on September 27.
👉Details: https://coinmarketcap.com/academy/article/celsius-bankruptcy-plan-approved-creditors-to-receive-dollar2b-in-crypto-and-shares-in-newco
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🗞 CryptoNews of the Day 🗞
Gensler Supports FTX Reboot Under New Leadership If Done “Within the Law”: Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), has indicated a willingness to consider the reboot of the crypto exchange FTX.
👉Details: https://coinmarketcap.com/academy/article/gensler-supports-ftx-reboot-under-new-leadership-if-done-within-the-law
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🗞 CryptoNews of the Day 🗞
Senator Ted Budd Introduces "Keep Your Coins Act" to Preserve Crypto Self-Custody Rights: Senator Ted Budd (R-NC) presented the "Keep Your Coins Act" in the Senate.
👉Details: https://coinmarketcap.com/academy/article/senator-ted-budd-introduces-keep-your-coins-act-to-preserve-crypto-self-custody-rights
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🗞 CryptoNews of the Day 🗞
Robinhood Expanding Crypto Trading Services to EU and UK Brokerage Operations: A well-known trading app In the near future, Robinhood plans to expand its cryptocurrency trading services to the European Union (EU).
👉Details: https://coinmarketcap.com/academy/article/robinhood-expanding-crypto-trading-services-to-eu-and-uk-brokerage-operations
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🗞 CryptoNews of the Day 🗞
2-week Window Opens for Potential Approval of Bitcoin Spot ETFs, Including BlackRock’s Application: According to Bloomberg analysts, the Securities and Exchange Commission (SEC) has a small window starting tomorrow to potentially approve 12 pending Bitcoin (BTC) exchange-traded fund (ETF).
👉Details: https://coinmarketcap.com/academy/article/2-week-window-opens-for-potential-approval-of-bitcoin-spot-etfs-including-blackrocks-application
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🗞 CryptoNews of the Day 🗞
Bitcoin Accumulation Increases as Supply Reaches Historic Low, Supporting Price Stability: Report: Bitcoin's available supply has reached a new historical low, indicating an accumulation pattern, according to data from Glassnode.
👉Details: https://coinmarketcap.com/academy/article/bitcoin-accumulation-increases-as-supply-reaches-historic-low-supporting-price-stability-report
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🗞 CryptoNews of the Day 🗞
NFT Trading Volume Reaches Three Month High: Daily NFT trading volume reached a three-month high on Monday, totaling $19.1 million.
👉Details: https://coinmarketcap.com/academy/article/nft-trading-volume-reaches-three-month-high
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#CMCLabs: CoinMarketCap’s Web3 Startup Accelerator Program 🚀
Designed to connect builders to the global stage. It is a highly selective program designed for ambitious founders, offering a comprehensive curriculum and access to industry-leading mentors and investors.
👉Details: https://coinmarketcap.com/events/cmc-labs
🗞 CryptoNews of the Day 🗞
Swan Bitcoin To Terminate Accounts Using Mixing Services: The company cited pressure from its banking and custodial partners as the reason for this policy change.
👉Details: https://coinmarketcap.com/academy/article/swan-bitcoin-to-terminate-accounts-using-mixing-services
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🗞 CryptoNews of the Day 🗞
JPMorgan Cautions Against Recent Crypto Market Rally Amid ETF Excitement
: JPMorgan has expressed skepticism regarding the recent robust rally in digital assets.
👉Details: https://coinmarketcap.com/academy/article/jpmorgan-cautions-against-recent-crypto-market-rally-amid-etf-excitement
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🗞 CryptoNews of the Day 🗞
GROK Memecoin Inspired by Elon Musk’s AI Chatbot Experiences Explosive Rally
: The Grok (GROK) token, unofficially associated with Elon Musk's recently launched AI service, experienced a volatile rally.
👉Details: https://coinmarketcap.com/academy/article/grok-memecoin-inspired-by-elon-musks-ai-chatbot-experiences-explosive-rally
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🗞 CryptoNews of the Day 🗞
FTX Bankruptcy Estate Files Lawsuit Seeking Recovery of Nearly $1 Billion from ByBit
: The FTX bankruptcy estate, led by CEO John J. Ray III, has initiated legal proceedings against ByBit, its investment arm Mirana, and several executives.
👉Details: https://coinmarketcap.com/academy/article/ftx-bankruptcy-estate-files-lawsuit-seeking-recovery-of-nearly-dollar1-billion-from-bybit
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🗞 CryptoNews of the Day 🗞
DeFi Platform Raft Exploited, But Hackers Likely Lost ETH
: The decentralized finance (DeFi) platform Raft has temporarily halted the minting of its stablecoin, R, citing the detection of a "security vulnerability."
👉Details: https://coinmarketcap.com/academy/article/defi-platform-raft-exploited-halts-stablecoin-minting-due-to-security-vulnerability
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🗞 CryptoNews of the Day 🗞
Ubisoft Partners With Immutable To Build Web3 Gaming Experience: Ubisoft, the well-known publisher responsible for popular games such as Assassin's Creed and Rainbow Six Siege, is expanding its involvement in blockchain gaming through a partnership.
👉Details: https://coinmarketcap.com/academy/article/ubisoft-partners-with-immutable-to-build-web3-gaming-experience
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🗞 CryptoNews of the Day 🗞
Jump Crypto Faces SEC Scrutiny Over Alleged Role in Do Kwon’s Terra's $1 Billion UST Deal: Jump Crypto, a segment of the Jump Trading group, is currently facing scrutiny from the U.S. Securities and Exchange Commission (SEC).
👉Details: https://coinmarketcap.com/academy/article/jump-crypto-faces-sec-scrutiny-over-alleged-role-in-do-kwons-terras-dollar1-billion-ust-deal
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🗞 CryptoNews of the Day 🗞
BlackRock Confirms Plans for Ethereum Spot ETF With NASDAQ Filing, Sparks ETH Price Surge: The official confirmation of BlackRock's intention to launch a spot Ethereum exchange-traded fund (ETF) was disclosed via a 19b-4 form submission.
👉Details: https://coinmarketcap.com/academy/article/blackrock-confirms-plans-for-ethereum-spot-etf-with-nasdaq-filing-sparks-eth-price-surge
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🗞 CryptoNews of the Day 🗞
Australian Crypto Exchange CoinSpot Faces $2 Million Fund Drain in Suspected Attack: CoinSpot, an Australian cryptocurrency exchange, has apparently been the victim of a suspected attack, resulting in the loss of around $2 million in cryptocurrencies.
👉Details: https://coinmarketcap.com/academy/article/australian-crypto-exchange-coinspot-faces-dollar2-million-fund-drain-in-suspected-attack
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🗞 CryptoNews of the Day 🗞
HSBC Partners with Ripple-Owned Metaco for Tokenized Securities Custody Platform: HSBC, a major global banking institution, has partnered with Metaco, a Ripple-owned technology startup, to build an institutional custody platform for tokenized assets.
👉Details: https://coinmarketcap.com/academy/article/hsbc-partners-with-ripple-owned-metaco-for-tokenized-securities-custody-platform
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#CMCLive: Why is Floki focusing on Tokenization?
🗓️ Set Your Reminder: https://coinmarketcap.com/community/post/331612671
🧠 Join us in another #CMCLive to know more about Floki and TokenFi!
🗞 CryptoNews of the Day 🗞
Wintermute Accuses NEAR Foundation of Failing to Honor $11 Million Stablecoin Redemption Commitment: Wintermute, a cryptocurrency market maker, has accused the NEAR Foundation and Aurora of breaching an agreement to convert $11 million in USN stablecoins.
👉Details: https://coinmarketcap.com/academy/article/wintermute-accuses-near-foundation-of-failing-to-honor-dollar11-million-stablecoin-redemption-commitment
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🗞 CryptoNews of the Day 🗞
SK Telecom Collaborates With Aptos and Atomrigs Lab To Enhance T Wallet Web3 Services: SK Telecom, South Korea's largest mobile carrier, has announced a collaboration with Aptos and Atomrigs Lab to further enhance its web3 wallet service, T wallet.
👉Details: https://coinmarketcap.com/academy/article/sk-telecom-collaborates-with-aptos-and-atomrigs-lab-to-enhance-t-wallet-web3-services
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🗞 CryptoNews of the Day 🗞
Bitcoin Ordinals Volumes Spiked After ORDI Lists on Binance: Transaction volume for Bitcoin-based assets traded on the Ordinals platform increased to its highest level since May.
👉Details: https://coinmarketcap.com/academy/article/bitcoin-ordinals-volumes-spiked-after-ordi-lists-on-binance
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🗞 CryptoNews of the Day 🗞
US Lawmaker Proposed To Slash Gary Gensler’s Salary From Over $300K to $1: Rep. Tim Burchett of the United States introduced an amendment to the Financial Services and General Government (FSGG) bill.
👉Details: https://coinmarketcap.com/academy/article/us-lawmaker-proposed-to-slash-gary-genslers-salary-from-over-dollar300k-to-dollar1
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