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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon
CEX Data for Oct: Spot trading volume on major exchanges rose by 17% MOM. The top three exchanges by growth rate were Coinbase (61%), Gate (36%), and Binance (24%). Derivatives trading volume rose by 25%. The top three exchanges by growth rate were Bybit (61%), Bitget (30%), and Mexc (25%). Read more — link : Wu Blockchain News
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JUST IN: $222,222,000 worth of Bitcoin shorts liquidated in the past 24 hours. : Watcher Guru
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Justin Drake proposed a new consensus layer upgrade proposal "Beam Chain" at the Devcon conference, which is called "Ethereum 3.0" by the community. The proposal aims to achieve faster block times, lower validator staking requirements, "chain snarkifaction" and quantum security improvements. It is expected to formulate specifications in 2025 and enter the full testing phase in 2027. — link : Wu Blockchain News
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JUST IN: Tesla's Bitcoin holding surpasses $1 billion in value. : Watcher Guru
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Justin Drake proposes 'Beam Chain,' an Ethereum consensus layer redesign
*Beam Chain would target faster second block times, smaller validator stakes, "chain snarkifaction," such as zkVMs and, ultimately, making Ethereum post-quantum secure
+Justin drake confirmed BEAM CHAIN is not ETH 3.0 : infinityhedge
Justin Drake introduces Beam Chain, the final level of Ethereum consensus: Devcon
🔗 velo.xyz : Zoomer News
November 11, 2024, was the biggest daily gain in Bitcoin history in dollar terms — link : unfolded.
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Ethereum Layer 2 Lisk launches mainnet and announces airdrop plans — link | tl;dr : unfolded. DeFi
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Uniswap’s new L2 Unichain is quietly launched, and degens sniffed out the bridge and RPC. In response, Uniswap acknowledged it’s existence and subsequently killed all trading. - 𝕏/@unichain : Leviathan News
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Today, BounceBit officially launched its CeDeFi V2 platform. The upgrade introduces multi-chain support for ETH, BNB, SOL, BTC without the need to bridge funds to BounceBit's chain. Key features include enhanced user flexibility, new Auto, Fixed, and Manual strategies, and boosted APY rewards, with over $10M bridged in the first hour. — link : Wu Blockchain News
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Bitcoin spot ETFs had a total net inflow of $1.114 billion yesterday, BlackRock ETF IBIT's daily turnover reached a record high of $4.65 billion, BlackRock ETF IBIT's daily net inflow was $756 million, and Fidelity ETF FBTC's daily net inflow was $135 million. — link : Wu Blockchain News
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Bithumb, the second largest exchange in South Korea, has added TURBO, MVL, and TOKAMAK Korean won trading pairs. Deposits/withdrawals will be open within 2 hours after the announcement. — link : Wu Blockchain News
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JUST IN: 🇩🇪 German government's decision to sell 50,000 Bitcoin at $54K cost them $1.7 billion in missed profits. : Watcher Guru
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Avalon Labs’ USDa, the world’s first Bitcoin-backed overcollateralized stablecoin, has reached a supply of over 100 million, with collateralized Bitcoin assets totaling $200 million. Additionally, Avalon Labs has announced the opening of a $50 million deposit quota, offering participants floating APY ranging from 20% to 50%, plus 3x points rewards. Avalon Labs was the champion of the second round of the BNB Incubation Alliance. — link : Wu Blockchain News
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NEW: 🇿🇦 Mossel Bay, South Africa, woke up to this #bitcoin sign this morning. Several people expressed surprise at seeing the signboard, which appeared out of nowhere, yet in perfect harmony with the historic landmark 🌊 : Bitcoin
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Framework Ventures leads $3.5 million seed round for web3 AI firm Eidon — link | tl;dr : unfolded. DeFi
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Bitwise Asset Management announced that the new Bitwise Aptos Staking ETP is scheduled to be listed on the Swiss Stock Exchange on November 19, 2024. The product will be the world's first Aptos Staking ETP. APTB is physically backed and will stake the underlying Aptos to generate a net fee return of approximately 4.7%, which will be accumulated directly in the ETP. — link : Wu Blockchain News
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QCP: Since the election, gold has declined by 5% while Bitcoin has surged by 30%, signaling a shift as Bitcoin gains traction as "digital gold." If even 1% of capital from gold were to flow into BTC, it could propel Bitcoin to around $97k. The end-November basis has surged to over 18%, accompanied by strong interest in far-out calls at 110k and 120k strikes. — link : Wu Blockchain News
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David Hoffman livethreads Justin Drake's talk on "The Beam Chain", a redesign of the consensus layer to clean up tech debt, embrace SNARKs, provide quantum resistance, and implement 4 second blocktime - 𝕏/@TrustlessState : Leviathan News
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Justin Drake proposes 'Beam Chain,' an Ethereum consensus layer redesign — link | tl; : unfolded. DeFi
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The Ethereum Foundation sold 100 ETH about 45 minutes ago for 334,315.7 DAI. This is the first ETH sale by the Ethereum Foundation since the release of its 2024 report on November 8. As of 2024, the Foundation has sold a total of 4,266 ETH, earning $11.83 million, with an average selling price of approximately $2,773. — link : Wu Blockchain News
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Yesterday, US Spot ETH ETFs experienced their highest net inflow day on record, totaling $294.9 million — link : unfolded. DeFi
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NINETY THOUSAND UNITED STATES DOLLARS PER BITCOIN : infinityhedge
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Ethereum spot ETF had a total net inflow of $295 million yesterday, November 11, reaching a record high. Fidelity ETF FETH had a net inflow of $115 million per day, and BlackRock ETF ETHA had a net inflow of $101 million per day. — link : Wu Blockchain News
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Arthur Hayes' latest article points out that Trump's economic policies may lead to a depreciation of the US dollar and one Bitcoin price reaching $1 million. The article said that Trump may adopt an economic development model similar to China, which will increase the money supply and accelerate economic growth. The government may pass legislation to stimulate the return of manufacturing to the United States and lead to a depreciation of the US dollar, making alternative assets such as Bitcoin more attractive. — link : Wu Blockchain News
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JUST IN: Dogecoin $DOGE rises 47% in the past 24 hours, surpassing a $61 billion market cap. : Watcher Guru
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