Crypto Events Recap, November 21-22
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-november-21-22-2024
RWA Inc. (RWA) will hold its initial listing on November 25
RWA trading goes live on KuCoin, Gate, and MEXC on Nov 25, 10:00 AM UTC. RWA Inc delivers end-to-end real-world asset (RWA) tokenization via an advanced multi-asset platform, including tokenization as a service, a launchpad, and a marketplace.
👉 kucoin.com/announcement/en-rwa-inc-rwa-gets-listed-on-kucoin-world-premiere
❗️Solana has reached a new ATH, now trading around $255
In the past 24 hours, SOL price surged by 6.83%, pushing its market cap to $123 billion. Trading Volume in the last 24 hours is $14.8B.
Solana (SOL) DeFi Ecosystem Overview
Solana DeFi ecosystem has shown significant growth, reaching a total TVL of $21.1B, up 47.6% in the last 30 days. Leading the ecosystem are Jito ($3.47B), Raydium ($2.48B), and Kamino ($2.48B).
DCG launches a new AI-focused subsidiary called Yuma
Yuma aimed to support the development of the open-source Bittensor network. The company will provide startups and established businesses with capital and technical resources to build projects on Bittensor.
👉 theblock.co/post/327428/dcg-launches-new-bittensor-focused-subsidiary-yuma
STATE OF THE STAKING
According to the StakingRewards, the Staking Market Cap (valuation of all projects with a staking mechanism) is currently at 2.6 Trillion USD. An overview includes all staking assets, including PoS, Liquid Staking, Restaking, and DeFi Staking.
We have prepared the list of projects sorted by the USD value of the staked tokens. The list shows the Top 5: Ethereum, Solana, Lido Staked Ether, Sui Network, and BNB Chain.
Phantom wallet acquired security firm Blowfish
Blowfish reportedly prevented 2.8M+ scams & scanned more than 1.3B transactions, securing assets worth over $18B. This capability will now be integrated into Phantom. Phantom is a non-custodial digital asset wallet and browser extension initially based on Solana.
👉 phantom.app/learn/blog/phantom-acquires-blowfish
❗️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
Binance-backed Zircuit (ZRC) will conduct its initial listing on November 25
ZRC trading will start on Nov 25 at 10:00 AM UTC. Among supported exchanges are Bybit, Bitget, BingX, and MEXC. Previously, Zircuit launched on Catizen Launchpool with $1.5M in ZRC in rewards. Zircuit is an EVM-compatible zero-knowledge rollup.
👉 x.com/ZircuitL2/status/1859867614610325517
SEC Chair Gary Gensler will resign on January 20th
Gensler took over the SEC in 2021 & had several high-profile disputes with the crypto industry, including a legal fight with Grayscale to block bitcoin ETFs and Coinbase over handling or selling crypto. Gensler is an American official and former investment banker.
👉 sec.gov/newsroom/press-releases/2024-182
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.43T (+1.94%)
BTC Price: $98,636 (+1.02%)
BTC Dominance: 56.9% (-1.10%)
Fear & Greed Index: 94 (Extreme Greed)
Total Value Locked: $188B (+5.78%)
Gunzilla Games received an investment from Coinbase Ventures
Gunzilla Games is a developer of the AAA Battle Royale “Off The Grid” and gaming-focused blockchain GUNZ. Previously, Gunzilla launched a Clash for Cash tournament with a $3K daily prize pool & kicked off an all-stars streamer tournament with $600K prize pool.
👉 x.com/GunzillaGames/status/1859650891412095284
Kava (KAVA) announced the launch of its memecoin launchpad
HARDfun leverages KavaAI, allowing anyone to launch tokens with a few clicks via chatbot. HARDfun brings utility and rewards to HARD holders and returns to first-principles distribution control and ownership directly to the community.
👉 kava.io/news/community-launches-hard-fun
Sharpe AI (SAI) has integrated with Hyperliquid (HYPE)
Through this integration, users can access analytics on Hyperliquid and its trading assets directly via Sharpe Futures to gain insights and make data-driven decisions. Sharpe AI is a unified platform for investing, intelligence, and automating digital assets.
👉 x.com/SharpeLabs/status/1859471347463663826
Monkey Tilt has closed a $30M Series A funding round
The funding was led by Pantera, joined by Polychain Capital, Hack VC, PokerGO, Accomplice Blockchain, Dream Ventures, and Mirana Ventures. Monkey Tilt is an online gambling platform focused on the convergence of cryptocurrencies and online gambling.
👉 fortune.com/crypto/2024/11/20/monkey-tilt-raises-30-million-in-push-to-make-online-gambling-more-social/?cat123
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%)