❗️Bitcoin has reached a new ATH, now trading around $97K
In the past 24 hours, BTC price surged by 4.40%, pushing its market cap to $1.93 trillion. Market dominance stands at 58.1%.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.33T (+2.13%)
BTC Price: $97,513 (+4.49%)
BTC Dominance: 58.0% (+1.20%)
Fear & Greed Index: 82 (Extreme Greed)
Total Value Locked: $178B (+1.76%)
Memecoin launchpad GraFun expands to Ethereum
Expanding to Ethereum will help GraFun capture new audiences, tap into higher liquidity for meme issuances, and increase the platform’s visibility. Since the launch, the platform saw over 13.6K of meme coins launched with an overall volume of $430 million.
👉 coindesk.com/markets/2024/11/20/memecoin-launchpad-grafun-expands-to-ethereum-to-clinch-new-users
NATIX Network (NATIX) completed the second 33.1 million token burn
The total amount of tokens out of circulation now stands at over 41.5 million NATIX collected from fees and protocol revenue (Marketplace and data monetization). The news comes right after NATIX signed the first customer from the geospatial data market.
👉 x.com/NATIXNetwork/status/1858887978090696988
❗️Bitcoin has reached a new ATH, now trading around $94K
In the past 24 hours, BTC price surged by 2.12%, pushing its market cap to $1.87 trillion. Market dominance stands at 57.1%.
Forta (FORT) announced the launch of Forta Firewall
Firewall, a security tool designed to identify and prevent exploits, employs a machine learning and AI to examine transaction logs and detect high-risk transactions. Initial customers are Euler, Plume & Balmy. Previously, Forta raised $23M in funding led by a16z.
👉 x.com/FortaNetwork/status/1858894855184712191
Folks Finance has received grant from Avalanche (AVAX)
$200,000 in AVAX rewards now available on xChain lending markets on Avalanche. Users get boosted yield for depositing or borrowing AVAX, USDC, BTC, and ETH. Folks Finance is a cross-chain DeFi hub, offering a full suite of DeFi tools.
👉 x.com/FolksFinance/status/1858913242963226682
Injective (INJ) launches iAgent lets users create on-chain AI agent
iAgent is an AI-powered tool (SDK) designed to simplify blockchain interactions on Injective, allowing users to execute commands like sending payments, placing trades, and managing funds through natural language commands.
👉 theblock.co/post/327262/injective-launches-sdk-that-lets-users-create-their-own-onchain-ai-agent
Ponder (PNDR) will hold its initial listing on November 20
PNDR trading goes live on KuCoin and MEXC on Nov 20, 10:00 AM UTC. Ponder is the AI-powered comparison engine for all Web3 trends, such as EigenLayer restaking, Runes/BRC-20/Ordinals, RWA/NFTs, and DePIN protocols.
👉 kucoin.com/announcement/en-ponder-pndr-gets-listed-on-kucoin-world-premiere
Decentralized AI project Morpheus (MOR) goes live on Mainnet
The Morpheus-Lumerin compute system is live on Mainnet, with contracts deployed and subnets with consumers onboarding. Morpheus is designed to incentivize the first open-source peer-to-peer network of personal general-purpose AI (smart agents).
👉 coindesk.com/tech/2024/11/18/decentralized-ai-project-morpheus-goes-live-on-mainnet
Top-15 DePin Coins by Market Capitalization
DePIN stands for Decentralized Physical Infrastructure Networks, which utilize blockchain and token rewards to construct and manage real-world infrastructure.
Ritual announced the launch of its Ritual Chain testnet
Ritual Chain is a Layer 1 that embeds AI functionality directly into the network's code. Alongside the testnet launch, Ritual announced the formation of the Ritual Foundation. Ritual previously raised over $30M in funding from Archetype, Accomplice and Robot Ventures.
👉 theblock.co/post/327108/decentralized-ai-project-ritual-launches-testnet-to-bring-ai-onchain?v=1732011374745
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.21T (-0.27%)
BTC Price: $91,534 (-0.58%)
BTC Dominance: 56.4% (0.00%)
Fear & Greed Index: 90 (Extreme Greed)
Total Value Locked: $176B (-1.32%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are 0G Labs ($40M), a decentralized AI operating system (dAIOS), Wyden ($16.9M), an institutional crypto trading company, and Notabene ($14.5M), a crypto payment authorization network.
Liquidations by CEXs in the past 24 hours account for $451 million!
In the past 24 hours, 160,875 traders were liquidated. The largest single liquidation happened on Binance -ETH/BTC valued at $4.63M.
Data source: coinglass.com
Crypto Events Recap, November 19-20
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-november-19-20-2024
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.
👉 app.orioleinsights.io/projects
Plume Network has introduced manifesto of the first-ever purpose-built RWAfi Layer 1
Plume aims to bring RWAs onchain through a dedicated Layer 1 emphasizing permissionless access, composability and real-world value, bridging TradFi and crypto. Previously, Plume raised $10M in funding backed by Haun Ventures, Galaxy Ventures and others.
👉 plumenetwork.xyz/blog/manifesto
Top Solana dApps by the number of users in the last 30D
The infographic depicts the Top-12 Solana dApps sorted by the number of Unique Active Wallets interacting or performing a transaction with a dApp's smart contracts in the last 30 days.
Emojicoin released memcoins launchpad on Aptos network
emojicoin, built natively on a Move-based blockchain, provides a platform for users to launch, trade, and swap emojicoins in an open-source environment. The platform brings a fresh perspective by allowing users to interact with digital assets with emoji symbols.
👉 medium.com/econialabs/emojicoin-fun-is-live-on-mainnet-f5b8698b3913
Shaq agreed to pay $11M to settle NFT promotion lawsuit
At the center of the case were 10,000 Solana-based Astrals NFTs and the “Galaxy” token connected to a DAO. The plaintiffs accused Shaq of peddling unregistered securities. O’Neal is also one of the celebrities in a large case involving promoters of the FTX exchange.
👉 theblock.co/post/327317/nba-star-shaq-agrees-to-pay-11-million-to-settle-long-simmering-class-action-lawsuit-over-promoting-nfts
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.25T (+2.48%)
BTC Price: $93,305 (+1.78%)
BTC Dominance: 56.8% (-0.40%)
Fear & Greed Index: 83 (Extreme Greed)
Total Value Locked: $175B (+4.23%)
Binance introduced BFUSD, a yield-bearing asset offering 19.55% APY
The features included hassle-free earnings without staking or locking up the funds and extra trading power as BFUSD can be used as collateral with a 100% collateral ratio in multi-asset mode.
👉 theblock.co/post/327134/binance-clarifies-rewards-bearing-bfusd-asset-is-not-a-stablecoin-hasnt-launched
Stablecoin company Noble raised $15M in a Series A funding led by Paradigm
Other investors in the Series A round include Polychain Capital, Wintermute Ventures, Foresight Ventures, and Informal Systems. Noble builds liquidity infrastructure for asset issuers to participate in the Interchain economy.
👉 noble.xyz/blog/accelerating-stablecoin-adoption
Bitfinity (BTF) raised $12M in funding and launched its mainnet
Bitfinity Network is a new Bitcoin Layer 2 solution designed to create Ethereum Virtual Machine-compatible DeFi functionality for Bitcoin. Funding participants included Polychain Capital, ParaFi, Draft Ventures and Warburg Serres.
👉 cointelegraph.com/news/bitfinity-network-bitcoin-layer-2-evm-defi-launch
Open Loot (OL) gets listed on OKX today, on November 19th
Deposits are already open, and trading will begin at 1:00 PM UTC. Open Loot, a powerhouse behind the Web3 game Big Time, is a gaming distribution platform and marketplace created to tackle the challenges of crypto gaming scene.
👉 okx.com/help/okx-to-list-ol-open-loot-for-spot-trading
MicroStrategy has acquired 51,780 BTC for ~$4.6 billion
The average purchase price is $88,627. The company now holds 331,200 BTC acquired for ~$16.5 billion. MicroStrategy's unrealized BTC profit top $13 billion. This amount accounts for 1.58% of the maximum supply of 21 million bitcoins.
👉 microstrategy.com/press/microstrategy-acquires-51780-btc-and-achieves-btc-yield-of-20-qtd-and-41-ytd-now-holds-331200-btc
Crypto Events Recap, November 16-18
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-november-16-18-2024
0G Labs (0G) launches an AI Alignment Node Sale on SwissBorg
Users can access the 0G Node Sale via the SwissBorg app today, on November 18. Among the available tiers are Bronze, Silver, Gold, and Diamond vaults based on the BORG tokens held in the SwissBorg wallet. 0G is a decentralized AI Operating System (dAIOS).
👉 x.com/0G_labs/status/1857499006064017450