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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
US President-elect Donald Trump is considering nominating Scott Bessent as the new Treasury Secretary. Previously, investor John Paulson announced his withdrawal from the candidate list due to the complexity of his personal financial affairs. Bessent has a positive attitude towards cryptocurrencies, and once said that "cryptocurrency is about freedom", and believes that Bitcoin can attract young people and new investors and help cultivate the culture of the US market. — link : Wu Blockchain News
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JUST IN: Publicly traded Genius Group $GNS plans to purchase $120 million worth of Bitcoin, making it their primary treasury asset. : Watcher Guru
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Sam Altman's World project launches in Brazil — link | tl;dr : unfolded. DeFi
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Ethereum ETFs record their highest inflows ever, led by Fidelity's $FETH - 𝕏/@DefiMoon : Leviathan News
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JUST IN: 🟠 99.95% of #Bitcoin addresses are now in profit 💪 : Bitcoin
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BNBChain announced that it has received a $10 million investment in cloud service credits from Google Cloud to support the development of MVB projects in its ecosystem. Each of the more than 40 projects in BNBChain's MVB program will be able to apply for up to $350,000 in Google Cloud credits, mainly for project development in the areas of AI and cloud computing. — link : Wu Blockchain News
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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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In Q3 2024, Ethereum ($2.02 billion), BNB chain ($936 million), and Arbitrum ($607 million) were the top three source networks in transfer volume for bridges built on top of LayerZero — link : unfolded. DeFi
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We actually got to live the best timeline : Bitcoin
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JUST IN: Over $1 billion in leveraged crypto positions were liquidated yesterday. : Watcher Guru
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JUST IN: BlackRock’s spot Bitcoin ETF surpasses $1.5 billion in volume within its first hour of trading today. : Watcher Guru
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Zerion's 'fee-free' Ethereum Layer 2 ZERO Network goes live — link | tl;dr : unfolded. DeFi
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Google Cloud now secures ZetaChain in a new collaboration to accelerate web3 adoption and innovation of Universal Apps that span all chains. Through this collaboration, Google Cloud now supports ZetaChain as a validator on both mainnet and testnet environments, helping to secure and scale a robust ecosystem of diverse validators on the Universal Blockchain. — 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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