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CoinMarketCap Announcements

FTM Spikes Following Release of Sonic’s Ambitious Litepaper
https://coinmarketcap.com/academy/article/ftm-spikes-following-release-of-sonics-ambitious-litepaper

Sonic Labs, the team behind the Sonic blockchain formerly known as Fantom, has released an ambitious litepaper that details technological advances and a new token distribution mechanism.

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Grayscale Targeting Multi-Crypto ETF Including Solana, XRP and Avalanche
https://coinmarketcap.com/academy/article/grayscale-targeting-multi-crypto-etf-including-solana-xrp-and-avalanche

Grayscale Investments reportedly has filed an application with the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund into an exchange-traded fund (ETF).

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Bitcoin Futures Market Hits Record High, Signaling Strong Investor Confidence
https://coinmarketcap.com/academy/article/bitcoin-futures-market-hits-record-high-signaling-strong-investor-confidence

The open interest of Bitcoin (BTC) hit a staggering $19.8 billion on Oct. 15.

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CoinMarketCap Announcements

Metaplanet Shares Surge Following Bitcoin Acquisition
https://coinmarketcap.com/academy/article/metaplanet-shares-surge-following-bitcoin-acquisition

MediaMetaplanet, a Japanese investment firm, announced the purchase of nearly 107 Bitcoin, prompting a 15.7% increase in its share price, on Oct. 15.

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CoinMarketCap Announcements

Crypto at the Forefront of Harris' Economic Plan for Black Americans
https://coinmarketcap.com/academy/article/crypto-at-the-forefront-of-harris-economic-plan-for-black-americans

Vice President Kamala Harris made a surprising turn toward positioning herself as a crypto-friendly candidate that may tap into the industry's deep campaign funding resources.

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CoinMarketCap Announcements

Solana's DeFi TVL Reaches $6B For the First Time in Three Years
https://coinmarketcap.com/academy/article/solanas-defi-tvl-reaches-dollar6b-for-the-first-time-in-three-years

The total value locked (TVL) in the decentralized finance (DeFi) ecosystem of Solana (SOL) has finally surpassed $6 billion, a level last reached almost three years ago.

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Vitalik Buterin Proposes Ethereum Validator Threshold To Be Lowered From 32 ETH to 1 ETH
https://coinmarketcap.com/academy/article/vitalik-buterin-proposes-ethereum-validator-threshold-to-be-lowered-from-32-eth-to-1-eth

Ethereum co-founder Vitalik Buterin has floated a proposal to reduce dramatically the entry barriers for network validators.

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CoinMarketCap Announcements

Political Shift Fuels $407 Million in Crypto Fund Inflows
https://coinmarketcap.com/academy/article/political-shift-fuels-dollar407-million-in-crypto-fund-inflows

MediaLast week, digital asset investment products globally saw a significant turnaround, recording $407 million in net inflows, according to CoinShares.

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CoinMarketCap Announcements

Bitcoin Approaches $64,000 Amidst Chinese Equity Rebound
https://coinmarketcap.com/academy/article/bitcoin-approaches-dollar64000-amidst-chinese-equity-rebound

MediaBitcoin has risen approximately 2.14% in the past 24 hours, trading at around $64,300 in Monday afternoon sessions in Asia.

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CoinMarketCap Announcements

Trump's Crypto Venture World Liberty Financial To Launch Token
https://coinmarketcap.com/academy/article/trumps-crypto-venture-world-liberty-financial-to-launch-token

Former US President Donald Trump’s DeFi project World Liberty Financial is set to issue its token sale next week.

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Blockchain Investigator ZachXBT Warns of Rise in Home Invasion Crypto Thefts
https://coinmarketcap.com/academy/article/blockchain-investigator-zachxbt-warns-of-rise-in-home-invasion-crypto-thefts

Blockchain sleuth ZachXBT has reported a disturbing surge in crypto-related home invasions.

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CoinMarketCap Announcements

New AI-Powered Deepfake Technology Challenges KYC Security in Crypto Exchanges
https://coinmarketcap.com/academy/article/new-ai-powered-deepfake-technology-challenges-kyc-security-in-crypto-exchanges

A cybersecurity report from Cato Networks highlights the emergence of a sophisticated AI-powered tool, ProKYC, designed to circumvent Know Your Customer (KYC) protocols on crypto exchanges.

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MicroStrategy Aims for Trillion-Dollar Valuation as Bitcoin Bank
https://coinmarketcap.com/academy/article/microstrategy-aims-for-trillion-dollar-valuation-as-bitcoin-bank

MicroStrategy, led by founder and executive chairman Michael Saylor, is positioning itself to become a leading player in the Bitcoin banking sector.

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Crypto Pioneer Justin Sun Elected Prime Minister of Blockchain-Based Micronation
https://coinmarketcap.com/academy/article/crypto-pioneer-justin-sun-elected-prime-minister-of-blockchain-based-micronation

MediaJustin Sun, the founder of Tron, has been elected Prime Minister of Liberland, a self-declared sovereign micronation nestled between Croatia and Serbia.

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CoinMarketCap Announcements

SEC Charges Crypto Trading Giant Cumberland DRW in Latest Regulatory Crackdown
https://coinmarketcap.com/academy/article/sec-charges-crypto-trading-giant-cumberland-drw-in-latest-regulatory-crackdown

MediaThe United States Securities and Exchange Commission (SEC) has tightened its oversight of the cryptocurrency industry, filing securities charges against leading trading firm Cumberland DRW.

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CoinMarketCap Announcements

Tesla Stirs Crypto Market With Unpredicted Bitcoin Wallet Activity
https://coinmarketcap.com/academy/article/tesla-stirs-crypto-market-with-unpredicted-bitcoin-wallet-activity

Tesla, a pioneer in electric vehicles spearheaded by Elon Musk, reportedly transferred its entire Bitcoin holdings, 11,509 BTC valued at approximately $770 million, to new digital addresses.

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Trump Family Crypto Venture Struggles Despite Presidential Seal of Approval
https://coinmarketcap.com/academy/article/trump-family-crypto-venture-struggles-despite-presidential-seal-of-approval

Former U.S. President Donald Trump has thrown his weight behind a new digital asset project, World Liberty Financial.

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X Empire’s Token (X) To Launch on Bitget’s Pre-Market Platfor
https://coinmarketcap.com/academy/article/x-empires-token-x-to-launch-on-bitgets-pre-market-platfor

MediaBitget, a prominent crypto exchange, has announced the listing of X Empire's X Coin (X) on its Pre-Market platform.

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CoinMarketCap Announcements

Ethereum Layer 2 Network 'Base' Surpasses Arbitrum in Total Value Locked
https://coinmarketcap.com/academy/article/ethereum-layer-2-network-base-surpasses-arbitrum-in-total-value-locked

MediaBase has emerged as the largest Layer 2 rollup on the Ethereum network, boasting a total value locked (TVL) of $2.49 billion.

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Hyperliquid Announces HYPE Token Launch, EVM Mainnet Rollout
https://coinmarketcap.com/academy/article/hyperliquid-announces-hype-token-launch-evm-mainnet-rollout

The Hyper Foundation announced its plans regarding the genesis distribution of its native token named HYPE.

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DYdX Introduces New Trump Prediction Market Perpetuals
https://coinmarketcap.com/academy/article/dydx-introduces-new-trump-prediction-market-perpetuals

The dYdX Foundation has introduced a new derivatives product pegged to the outcome of the 2024 U.S. presidential election.

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CoinMarketCap Announcements

#CMCLive: Weekly Crypto Forecast 🎙️

📍 LIVE NOW:
https://coinmarketcap.com/community/post/341565813/

This Week's Hot Topics 🔥
🔹 Trump's WLFI tokens on sale Tuesday.
🔹 Australia's first spot Ether ETF launches Tuesday.
🔹 $500M in token unlocks this week, altcoin pressure looms.

... and more!

Exclusively on CMC Live 😉

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CoinMarketCap Announcements

Bitcoin Outperforms Other Asset Classes, NYDIG Analysis Reveals
https://coinmarketcap.com/academy/article/bitcoin-outperforms-other-asset-classes-nydig-analysis-reveals

MediaAccording to a recent analysis by the New York Digital Investment Group (NYDIG), Bitcoin has demonstrated superior returns compared to various asset classes, despite its notable volatility.

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CoinMarketCap Announcements

Avalanche-Based 'Off the Grid' Shooter Game Surges to Top of Epic Games Store
https://coinmarketcap.com/academy/article/avalanche-based-off-the-grid-shooter-game-surges-to-top-of-epic-games-store

Battle royale shooter game “Off the Grid” has become the top-grossing free-to-play title on the Epic Games Store since its release.

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Andre Cronje Raises Concerns Over Viability of Layer-2 Appchains
https://coinmarketcap.com/academy/article/andre-cronje-raises-concerns-over-viability-of-layer-2-appchains

Andre Cronje, the co-founder of Sonic Labs and a highly regarded figure in the DeFi space, recently sparked a contentious thread criticizing the practicality of layer-2 (L2) appchains.

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Google Search Volumes in Bitcoin Wanes as Memecoins Steal Spotlight in 2024
https://coinmarketcap.com/academy/article/google-search-volumes-in-bitcoin-wanes-as-memecoins-steal-spotlight-in-2024

Google search volumes for "Bitcoin" have just reached a one-year low while interest in memecoins continues to soar.

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Bitcoin Whales Accumulate 1.5 Million BTC Despite Price Volatility
https://coinmarketcap.com/academy/article/bitcoin-whales-accumulate-15-million-btc-despite-price-volatility

Recent data from on-chain analytics platform CryptoQuant indicates that Bitcoin whales have accumulated approximately 1.5 million BTC over the past six months.

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CoinMarketCap Announcements

The XYRO Mainnet is officially Live!

With cutting-edge features and a revolutionary gamified social trading experience, [https://xyro.io/] is ready to transform the crypto gaming world! 👾

Find out more about the Mainnet launch and the final Airdrop stage: https://coinmarketcap.com/academy/article/xyro-goes-mainnet-new-features-and-airdrop-updates

#XYRO #CMCLabs #CMC #CoinMarketCap

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CoinMarketCap Announcements

Charles Schwab: Crypto ETFs Leap in Popularity To Outpace Traditional Investment Options
https://coinmarketcap.com/academy/article/charles-schwab-crypto-etfs-leap-in-popularity-to-outpace-traditional-investment-options

MediaCryptocurrency exchange-traded funds (ETFs) have gained the status of one of the top investment choices to be pursued, second only to equities, per a recent Charles Schwab survey.

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Uniswap Plans To Launch New Layer-2 Network for Better DeFi Ecosystem
https://coinmarketcap.com/academy/article/uniswap-plans-to-launch-new-layer-2-network-for-better-defi-ecosystem

MediaUniswap Labs announced on Thursday that it will establish a new layer-2 network, Unichain, using Optimism technology.

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