DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.89T (+0.89%)
BTC Price: $81,217 (+2.68%)
BTC Dominance: 55.6% (-0.20%)
Fear & Greed Index: 75 (Greed)
Total Value Locked: $158B (+2.39%)
❗️Bitcoin has reached a new ATH, now trading around $80K
In the past 24 hours, BTC price surged by 4.36%, pushing its market cap to $1.58 trillion. Market dominance stands at 58.8%.
Crypto Events Recap, November 7-8
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-november-7-8-2024
MANTRA to airdrop 50 million of OM token via GenDrop Season
50,000,000 of OM were allocated to participants of KARMA Pre-Mainnet quests (60%), Galxe Season 1/2 (13%), Node stakers (8%), Testnet Validators (3.5%), and holders of multiple NFT collections (15.5%). MANTRA is an RWA & tokenized assets Layer 1 blockchain.
👉 mantrachain.io/resources/announcements/mainnet-gendrop-allocation-revealed
Persistence (XPRT) to launch its Beta Testnet starting next week
The Testnet will be launched in a three phases: for partners, WL registration, and public via daily tasks. Phase one begins on November 11, beta registration goes live mid-next week, while public quests to be dropped on November 25.
Persistence is building BTC cross-chain interoperability product for Bitcoin-related assets across multiple ecosystems.
👉 x.com/PersistenceOne/status/1854482708346651010
Binance Labs has invested in decentralized science project BIO Protocol
The platform allows scientists, patients, and investors to fund, develop, and co-own new drugs through biotech DAOs, addressing gaps in traditional scientific funding. BIO’s existing network comprises 7 BioDAOs on Ethereum, with plans to expand to Solana and other blockchains in Q1 2025.
👉 theblock.co/post/325185/binance-labs-desci-investment-bio-protocol
Top-12 dApps by the number of users growth in the last 30 days
Among top performers are MatchQuest, a P2E telegram mini app, Pixel Heroes, a F2P, P&E, Guild GameFi and casual mobile MMORPG, and Hanafuda, a Hypercasual Finance with social network effects.
0G Labs has kicked off its Node Sale exclusively on MocaList
Nodes offered: 31,400. Final pricing depends on % of nodes sold: at 50% sold, nodes cost $245.95; at 75%, $272.05; and at 100%, $298.38. Based on total sales, FDV will range from $175M to $349M.
0G Labs is the first decentralized AI Operating System (dAIOS). It manages AI workflows by efficiently organizing hardware resources across a permissionless network.
👉 coinlist.co/0g-node-sale
Polygon partners with Magic Labs to launch the Newton cross-chain network
The Newton will leverage Polygon's AggLayer and Chain Development Kit to enable developers to build dApps operates on different chains without requiring to keep different wallets. Magic Labs will also integrate its crypto wallet Passport into Newton.
👉 theblock.co/post/324876/paypal-backed-magic-link-and-polygon-launch-a-new-cross-chain-network
Plume joined forces with StakeStone on a Pre-Deposit Vault campaign
Stakers can benefit from unique incentives, such as StakeStone and Plume points system brings together the best of traditional finance in RWAfi landscape. The Vault is completed with a 6x oversubscribe market cap ($30M). Plume Network is a modular Layer 2 blockchain.
👉 x.com/plumenetwork/status/1854547316373635379
Ethereum (ETH) unveiled the Mekong Testnet for the upcoming Pectra upgrade
The Mekong Testnet includes all EIPs proposed for the upcoming Pectra fork on Ethereum. These changes include UX changes, staking updates, deposits and exit mechanisms improvements, and more. Users can get access via the Mekong landing page.
👉 blog.ethereum.org/2024/11/07/introducing-mekong-testnet
AI Nexus starts A1 public sale on xLaunchpad on November 11
Sale price is 1 A1 = $0.006. Sale hard cap is $620,000. Diluted Valuation is $6,000,000. AI Nexus is an infrastructure project that enables users to create digital twins, build unique virtual spaces with AI tools, play games and organize contests & events.
👉 xlaunchpad.com/ai-nexus/rationale
Arkham (ARKM) has launched its derivatives exchange
The exchange will reportedly target retail traders and launch trading in one week. It will integrate Arkham’s research and feature live on-chain audits and proof-of-reserve. Arkham is an intelligence platform that analyzes and deanonymizes blockchain transactions.
👉 x.com/ArkhamIntel/status/1854186437505376395
Avalanche buys back 2M AVAX sold to Terra's LFG in 2022 deal
A bankruptcy court has allowed the Avalanche Foundation to repurchase ~$52M worth of AVAX tokens it previously sold to the defunct Luna Foundation Guard. The current value of the sold AVAX tokens is 48% less than its original value of $100 million.
👉 theblock.co/post/324885/avalanche-foundation-buys-back-52-million-worth-of-avax-tokens-from-do-kwons-defunct-luna-foundation-guard
Crypto Events Recap, November 5-6
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-november-5-6-2024
Projects by Diluted Valuation launched this week
Let's discover the latest projects making waves in the space. Leading the list are Swell Network, a staking protocol offering seamless DeFi yield, Contango, a DeFi protocol enabling users to create leveraged positions, and Units Network, an L0 blockchain ecosystem.
MAJOR UPCOMING EVENTS IN NOVEMBER!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled.
👉 https://app.orioleinsights.io/projects
Coinbase announced the launch of cbBTC on Solana
cbBTC lets traders swap in/out of bitcoin-backed token by sending it between the exchange and Solana wallets. cbBTC is now integrated into Jupiter, Meteora, Kamino, and Raydium. In September, Coinbase first rolled out cbBTC on Base and Ethereum.
👉 coindesk.com/business/2024/11/07/coinbase-brings-bitcoin-to-solana
Zyfi (ZFI) to conduct its token sale on Finceptor on November 15th
Registration period is now live and will last till November 13. Sale price is 1 ZFI = $0.04. Sale Hard Cap is $200,000, with a 25% unlock at TGE followed by 6 months linear vesting. Zyfi is building the best on-chain user experiences leveraging Paymasters and Intents.
👉 finceptor.app/deals/sale/zyfi
Story Protocol has launched its final testnet - Odyssey
For one week, users can mint IP assets as commemorative NFTs. The public testnet has already seen over 247M transactions and 21M wallets. Story Protocol, a Layer 1 chain for tokenizing intellectual property, previously raised $140M in funding backed by a16z.
👉 x.com/StoryProtocol/status/1854554611618615304
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.68T (+1.58%)
BTC Price: $75,896 (+1.09%)
BTC Dominance: 56.0% (-0.20%)
Fear & Greed Index: 75 (Greed)
Total Value Locked: $158B (+2.39%)
Eclipse announces the launch of its Public Mainnet
The Mainnet features include Eclipse Bridge, Gas Station, tETH mint, and Elipsescan. Over 60 dApps and service providers are live within Eclipse Ecosystem, with more to come over the weeks. Eclipse is the first Ethereum L2 powered by Solana Virtual Machine.
👉 eclipse.xyz/articles/eclipse-is-open-for-all
Multi-VM blockchain Cytonic secured $8.3 million in a Seed funding round
The Seed funding round was co-led by Lemniscap and Lattice, with participation from IOBC Capital, Nomura, Lyrik Ventures, Public Works, and Arthur Hayes. Cytonic is the first multi-virtual machine decentralized execution layer.
👉 techbullion.com/cytonic-secures-8-3-million-seed-funding-to-solve-blockchain-compatibility
Top-15 Artificial Intelligence (AI) Coins by Market Capitalization
These digital assets are in the front row of revolutionizing the crypto market by ushering in an era where transactions aren't just secure but smart, thanks to AI-driven smart contracts.
Top-15 Market Capitalization Gainers in the last 30 days
Among the top performers are Virtuals Protocol, an AI x Metaverse Protocol that is building the future of virtual interactions, TROY, a platform for user-controlled AI apps and data management, and Cetus Protocol, a MOVE-based liquidity protocol.
HashKey Global (HSK) will hold its initial listing on November 26th, 10:00 UTC
The HSK genesis trading campaign on HashKey Global is currently in its final phase, offering a total of 2,880,000 HSK rewards. HSK is the token of HashKey Group and will be used across all HashKey businesses and as a native token of the HashKey Layer 2 chain.
👉 support.global.hashkey.com/hc/en-us/articles/16761152342300-HashKey-Global-Initial-Listing-HashKey-Platform-Token-HSK
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.64T (+0.68%)
BTC Price: $74,898 (+1.79%)
BTC Dominance: 56.2% (-0.60%)
Fear & Greed Index: 77 (Extreme Greed)
Total Value Locked: $155B (+5.67%)
SynFutures introduced the Perp Launchpad alongside a $1M grant initiative
Built on Base, the Perp Launchpad will allow projects to create perpetual futures markets for any asset. The launch is paired with a $1 million grant initiative to boost new token projects on the blockchain. SynFutures is a decentralized derivatives startup.
👉 theblock.co/post/324691/decentralized-derivatives-startup-synfutures-introduces-its-perp-launchpad