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TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. FUG (FUG/WETH) ⚡️
🔹 24h Price Change: +82,048%
🔹 Current Price: $0.002484
🔹 Analysis: FUG’s substantial increase likely indicates a strong wave of speculative interest or community-driven hype. The sharp jump makes it a high-risk/high-reward opportunity, typical for emerging meme or community tokens.
🔹 Strategic Insight: Sudden interest could be tied to recent social media trends or a coordinated trading push, so monitoring its visibility online can help anticipate any shifts.
🔹 Trade Wisely: Such rapid growth often attracts profit-taking, so be mindful of high volatility. For short-term gains, keep stop-losses in place to manage risk.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🛒 Avalanche Foundation Buys Back 1.97M AVAX Tokens from Luna Foundation Guard
The Avalanche Foundation has finalized the repurchase of 1.97 million AVAX tokens previously held by the Luna Foundation Guard (LFG).
⚖️ FTX Co-founder Gary Wang Pleads for No Prison Time
FTX co-founder Gary Wang is pleading for no prison time, emphasizing his cooperation with prosecutors and limited role in the fraud.
📈 Bitcoin Open Interest Hits Record High Amid $75,000 Rally, Analysts Bullish on Further Upside
Bitcoin's meteoric rise to $75,000 has propelled Open Interest (OI) to a record-breaking $45.41 billion, marking a 13.29% surge since November 5.
📊 Cryptocurrency price check 📊
🔹 BTC: $74,730 + 1.00%
🔹 ETH: $2,837 + 10.15%
🔹 BNB: $600 + 4.05%
🔹 XRP: $0.55 + 4.10%
🔹 ADA: $0.37 + 3.82%
⚖️ Mike Novogratz Points to ‘Crypto Mom’ Hester Pierce, Robinhood CLO as Potential SEC Chair Contenders
Galaxy Digital's Mike Novogratz points to “crypto mom” Hester Peirce and Robinhood CLO Dan Gallagher as potential SEC Chair contenders after Trump’s return to office.
💰 Senator Lummis Hints at U.S. Strategic Bitcoin Reserve, Echoing Trump’s Crypto Promises
🇺🇸 Senator Lummis hints at a U.S. Bitcoin Strategic Reserve to acquire 1 million BTC!
🚀 Bitcoin Miner Hut 8 Leverages New ASICs to Enhance Mining Efficiency
💪 Hut 8, a major Bitcoin mining operator in North America, have just acquired 31,145 BITMAIN Antminer S21+ ASIC machines to boost their Bitcoin mining efficiency by 66%.
🔗BNB Chain Launches New Tokenization Tool for Small Businesses
BNB Chain introduces a new tokenization tool for small businesses, allowing them to securely tokenize assets like real estate and shares on the blockchain. Supported by partnerships with Bitbond and InvestaX, this tool offers an accessible entry into the Web3 space.
🇺🇸Ripple CEO Brad Garlinghouse Celebrates Crypto Candidates’ Victory in U.S. Election 2024
Ripple CEO Brad Garlinghouse commends the rise of “crypto voters” in the 2024 U.S. election. With pro-crypto candidates gaining traction, the industry looks forward to potential regulatory clarity.
🚀 JPMorgan to Launch Faster Dollar-Euro FX Settlement on Blockchain
JPMorgan is launching instant dollar-euro FX settlements on the Kinexys blockchain using JPM Coin!
🗳️ Crypto.com CEO, Gemini Co-Founder Congratulate Donald Trump on Winning US Election
Crypto industry leaders celebrate Donald Trump's victory as the 47th US President, even before the official announcement.
🇸🇬 Coinbase Opens Engineering Hub in Singapore to Foster Crypto Talent
Coinbase has opened a new Engineering Hub in Singapore to nurture local blockchain talent and drive Web3 innovation!
🇮🇱 Israel State Auditor Holds Tax Authority Accountable for $800M Crypto Tax Gap: Report
Israel’s State Comptroller holds the country’s tax authority accountable for $800m in lost crypto tax revenue amid war debt.
🇺🇸 Donald Trump Claims Victory in US Presidential Election, Boosting Hopes for Crypto Community
Donald Trump is set to win the US presidency against Kamala Harris in a historic election showdown, sparking optimism for crypto’s future in America.
🤵 Mark Uyeda Might Lead the SEC Under Trump's Presidency, Lawyer Suggests
Mark Uyeda, a current SEC commissioner, is emerging as a strong contender to take the leadership of the SEC.
🤝 Boerse Stuttgart Digital Taps Fenergo to Improve KYC and AML Compliance
Boerse Stuttgart Digital, the digital asset brand of the Boerse Stuttgart exchange group, collaborated with Fenergo to simplify onboarding and KYC processes for financial institutions.
👨⚖️ SEC Moves to Dismiss Kraken's Defenses in Ongoing Legal Battle
The SEC has filed a motion in the Northern District Court of California to dismiss key defenses raised by Kraken in an ongoing legal dispute.
🇫🇷French Gambling Regulator Likely to Ban Polymarket: Report
The French National Gambling Authority, ANJ, would “prohibit access” to the Polymarket site in the near future.
🚀 US Spot Bitcoin ETFs Rebound with $622M Inflows, Breaking Three-Day Losing Streak
US spot Bitcoin ETFs saw a dramatic turnaround on November 6, drawing in approximately $622 million in net inflows.
🚨 Crypto Sentiment Gauge Reveals ‘Extreme Greed’ Following BTC's Record $76K Surge
A key indicator of crypto market sentiment flashed “Extreme Greed” on Thursday after Bitcoin topped $76K following Trump’s return.
📰 Billionaire Crypto Investor Mark Cuban Congratulates Donald Trump On Presidential Win
Mark Cuban has congratulated Donald Trump for defeating Democratic pick Kamala Harris in the 2024 U.S. presidential election.
🇺🇸 Trump Wins: 5 Key Crypto Moments from Election Night
Victory for prediction markets, disaster for meme coins and dramatic election results: here's why November 5 will go down in crypto history.
📢Coinbase CLO Paul Grewal Pushes for SEC Rulemaking After Historic Trump Win
Coinbase CLO Paul Grewal calls on the Gary Gensler-led SEC to 'initiate rulemaking' following Donald Trump's win on Wednesday.
🇰🇷South Korea Authorizes CBDC Pilot Test with Seven Banks
South Korea’s CBDC pilot takes off with seven banks, seeking to make public services more accessible through digital tokens.
🚀 Bitcoin Overtakes Meta to Claim 9th Spot in Global Market Cap Rankings
Bitcoin has climbed to the 9th position in global market capitalization rankings, surpassing Meta Platforms (Facebook)
📉 Spot Bitcoin ETFs See $116.8M in Outflow as Investors Turn Cautious on Election Day
Spot Bitcoin exchange-traded funds (ETFs) saw net outflows totaling $116.8 million in a cautious response to the U.S. election day.
🎰 Polymarket Whales Net Millions from Election Bets as Trump Secures Win
Major bettors on Polymarket are poised to reap substantial profits amid Donald Trump's victory in the 2024 presidential election.
📊 Cryptocurrency price check 📊
🔹 BTC: $73,723 + 6.98%
🔹 ETH: $2,619 + 7.22%
🔹 BNB: $580 + 3.57%
🔹 XRP: $0.53 + 3.91%
🔹 ADA: $0.35 + 7.62%
👨⚖️ Cyprus Extends Suspension of FTX’s European Arm by Another Six Months
The Cyprus Securities and Exchange Commission (CySEC) has extended its suspension of FTX’s European division for another six months.