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🚀 Digital Asset Products See Record Inflows of $2.2 Billion, Bringing YTD Tally to $29.2 Billion
Digital asset investment products experienced a significant surge last week, attracting inflows of $2.2 billion.
🏦MAS Seeks Greater Momentum Towards Tokenization in Financial Services
MAS has seen “strong interest” in asset tokenization in recent years specifically for fixed income, FX and asset management.
💵 TRON Founder Says Coinbase Requested $80M in TRX and $250M in BTC for Token Listing
TRON founder Justin Sun recently disputed Coinbase CEO Brian Armstrong’s claim that the exchange offers free asset listings.
3. Shrub (SHRUB/WETH) ⚡️
🔹 24h Price Change: +15,996%
🔹 Current Price: $0.005937
🔹 Analysis: SHRUB’s impressive growth might be fueled by niche interest or novelty appeal, potentially making it attractive within specific trading communities. Such tokens often experience short-lived momentum, especially if linked to themes or trends.
🔹 Strategic Insight: Watch for any ongoing promotions or social media campaigns around SHRUB, as they could support sustained price activity. However, sharp corrections are common in such cases.
🔹 Trade Wisely: Proceed with caution, as tokens with large one-day increases often face corrections. Proper risk assessment is advisable.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. 1st Bitcoin Mascot (HUEVOS/WETH) ⚡️
🔹 24h Price Change: +57,510%
🔹 Current Price: $0.2100
🔹 Analysis: HUEVOS has seen explosive growth, likely driven by strong speculative interest or viral traction. Its branding as the "1st Bitcoin Mascot" may appeal to meme-focused traders.
🔹 Strategic Insight: Keep an eye out for influencer or community-driven momentum, which could sustain gains, but also be wary of high volatility in the short term.
🔹 Trade Wisely: Sudden surges like this can lead to fast profit-taking, so consider a risk-based approach if investing.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👾Crypto Casino Metawin Suffers Exploit, $4M Drained
Crypto casino platform Metawin lost $4 million from its Ethereum and Solana hot wallets in a hack.
🐙 Kraken Launches Crypto Derivatives Suite for Australian Wholesale Clients
Kraken has introduced a new suite of crypto derivatives for Australian wholesale clients, designed to align with regulatory requirements.
👨⚖️ Heather Morgan Seeks Sentence Served in Bitfinex Bitcoin Laundering Case
Heather Morgan is requesting to avoid further prison time as she awaits sentencing for her involvement in laundering Bitcoin stolen from Bitfinex.
📈 NFT Sales Climb 18% in October, Breaking Seven-Month Decline on Solana
The NFT market bounced back in October with an 18% increase in sales volume, reversing a seven-month downward trend.
📱 Huawei Integrates Digital Yuan in HarmonyOS NEXT, Reaching Up to 1 Billion Users
Huawei is incorporating China's digital yuan, a central bank digital currency (CBDC), into its HarmonyOS NEXT operating system.
👨⚖️ US Justice Department Pursues Return of $13M in Political Contributions Linked to FTX
The Justice Department is actively seeking the return of up to $13.25 million in political contributions linked to former FTX executives.
🚀 XRP ETF Hopes Rise: 21Shares Files for SEC Approval
21Shares has filed for SEC approval for its XRP ETF, the 21Shares Core XRP Trust.
📈 TON Foundation Launches Society DAO to Drive Decentralized Governance
The TON Foundation introduces Society DAO to enhance decentralized governance, allowing community to participate in core governance.
📈 Institutional Investments in Solana DApps Reach $173M in Q3, Up 54% From Previous Quarter
Institutional investment in Solana-based blockchain applications rebounded in the third quarter of 2024, reaching $173 million.
🇺🇸 Former U.S. President Donald Trump Marks Bitcoin's Anniversary, Slams Kamala Harris
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🇵🇰 Pakistan Government Proposes Changes to SBP Act to Legalize Crypto
The Pakistani government is moving to legalize digital currencies by amending the State Bank of Pakistan Act.
⛓️ TON Society Co-Founder Talks Telegram Privacy and Tether's Dirham-Pegged Stablecoins
The Open Network (TON) Society cofounder Jack Booth talked to CryptoNews at The Gateway event in Dubai about Telegram retaining privacy features and the use case for Tether's Dirham-Pegged Stablecoins.
2. PIKO (PIKO/WETH) ⚡️
🔹 24h Price Change: +38,325%
🔹 Current Price: $0.001962
🔹 Analysis: PIKO’s substantial price jump suggests increased trading volume, possibly tied to community interest or short-term speculative trading. Its low price point may attract traders looking for rapid returns.
🔹 Strategic Insight: Look for community discussions or exchange listings that may support continued price action. Such tokens can be volatile, so timing plays a big role.
🔹 Trade Wisely: With the possibility of both large gains and losses, risk management is crucial when considering entry.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👨🏻💻 Colorado Resident Loses $6,000 in Bitcoin to Scam Involving Fake Law Enforcement
A Keystone, Colorado, resident lost over $6,000 in Bitcoin to a sophisticated scam last week after fraudsters posed as law enforcement officers.
📊 Cryptocurrency price check 📊
🔹 BTC: $69,092 + 1.00%
🔹 ETH: $2,475 + 1.10%
🔹 BNB: $562 + 0.01%
🔹 XRP: $0.50 + 1.03%
🔹 ADA: $0.33 - 2.01%
🔔 Chinese E-commerce Giant Alibaba Cuts Jobs in Metaverse Department
Alibaba's metaverse unit faces a major reshuffle with job cuts, as dozens have reportedly been let go.
🤑 Hong Kong Crypto Broker Victory to Launch Virtual Asset Structured Products by Year's Close
Crypto broker Victory Securities announces end-of-year launch for structured products and stablecoin yield services, aimed at Hong Kong’s pro investors.
🗳️ Trump Courts Crypto Voters with Big Promises, But Will He Deliver?
Trump has made headlines with pledges to protect Bitcoin mining rights, prevent the development of a Central Bank Digital Currency (CBDC).
🇺🇸 Opinion: Why Crypto Must Be a Top Priority for Democratic Leadership
As elections approach, crypto’s potential as a tool for economic justice can't be ignored. Should Democratic leaders seize this moment?
🌟 BitGo Hires Former Silvergate President to Head Stablecoin Business
BitGo has appointed Ben Reynolds, ex-president of Silvergate Bank, to lead its USD Standard stablecoin initiative.
🚀 Financial Services Firm Strive Adds Bitcoin to Portfolios with New Wealth Management Service
Strive Asset Management, a financial services firm with $1.7 billion in assets, will integrate Bitcoin into its wealth management offerings.
📊 Turkish Investors Favor Cryptocurrencies Over Real Estate and Stocks: Survey Shows
Turkish investors are increasingly favoring cryptocurrencies over traditional assets like real estate and stocks.
"5% of Single-Issue Crypto US Voters is More Than the Margin of Victory" - Paradigm
⚖️ 5% of polled US crypto owners identify as single-issue crypto voters, the latest Paradigm report found.
🇨🇭UBS Asset Management Debuts Tokenized Money Market Fund on Ethereum
UBS Asset Management debuts the uMINT tokenized fund on Ethereum, seeking to meet institutional demand for secure, blockchain-based cash management solutions.