QCP: The market seems to be expecting BTC to trade sideways until December as attention shifts towards ETH in the near term. But Michael Saylor hinted at purchasing even more BTC. MicroStrategy's purchases definitely fueled BTC's post-election breakout so the market is surely waiting to see if another purchase will take BTC to six-digits. — link : Wu Blockchain News
Читать полностью…Ethena’s USDe Stablecoin market cap surges 60% in six weeks amid Crypto Bull run. - thedefiant.io : Leviathan News
Читать полностью…JUST IN: 🇭🇰 Hong Kong's largest digital bank, ZA Bank, launches crypto trading. : Watcher Guru
Читать полностью…**Axie Infinity developer Sky Mavis cuts 21% of workforce to refocus for 2025 growth. - Techinasia : Leviathan News
Читать полностью…Digital asset investment products saw the largest weekly inflows on record, totalling $3.13bn, bringing total year-to-date inflows to a record $37bn.
Bitcoin saw inflows of $3bn while Ethereum saw $2.8m in inflows — link : unfolded.
Binance Futures will launch the following perpetual contracts with up to 75x leverage as below: 2024-11-25 11:30 (UTC): 1000WHYUSDT Perpetual Contract. 2024-11-25 11:45 (UTC): 1000CHEEMSUSDT Perpetual Contract. — link : Wu Blockchain News
Читать полностью…According to Arkham, the whale: 6VaxPg...CEJsMvK transferred all of its 308.166b BONK to Coinbase at 15:49 UTC+8 today, worth about $14.43 million. The whale first held BONK on December 18, 2023, and gradually increased its holdings of these BONKs from December last year to April this year. — link : Wu Blockchain News
Читать полностью…Axie Infinity game developer Sky Mavis lays off 21% of workforce — link | tl;dr : unfolded. DeFi
Читать полностью…Bitcoin spot ETF had a net inflow of $3.38 billion from November 18 to November 2 last week, setting a new record for weekly net inflow, and net inflow for seven consecutive weeks. BlackRock ETF IBIT had a weekly net inflow of $2.05 billion, and Fidelity ETF FBTC had a weekly net inflow of $773 million. — link : Wu Blockchain News
Читать полностью…According to Tokenomist, the single large-amount unlocking amount greater than $5m in the next 7d includes SUI OP IMX ZETA 1INCH ADA APEX DYDX YGG TRIBL ENA AGI AGIX FET, etc., and the linear large-amount unlocking in the next 7d includes SOL WLD TIA TAO AVAX DOGE SEI NEAR DOT SUI FIL ARKM, etc. The total unlocking value exceeds $980m. — link : Wu Blockchain News
Читать полностью…According to L2Beat, the TVL of the Base network has increased by 5.16% in the past 7 days to exceed $10 billion, becoming the second Ethereum Layer2 network with a TVL of more than $10 billion after Arbitrum. At the same time, on November 24, the TPS of the Base network reached 104.47, setting a new record high. — link : Wu Blockchain News
Читать полностью…ZA BANK, the largest digital bank in Hong Kong, said it has become the first bank in Asia to provide cryptocurrency trading services to retail users. Its bank app allows users to buy and sell Bitcoin and Ethereum directly using legal currency. The service was launched in cooperation with HashKey, a licensed exchange in Hong Kong. — link : Wu Blockchain News
Читать полностью…The Week Ahead | @infinityhedge | Black Friday
LAST WEEK US SPOT ETFs ~FLOWS:
*BTC: +$3.4B
*ETH: -$70M
Macro:
*FOMC Meeting Minutes on 26
*U.S. October PCE on 27
Crypto:
*MicroStrategy is expected within the next few days to unveil a fresh purchase of BTC using proceeds from a $3B convertible bond sale that closed on Friday [likely today]
*STRK staking launch on Mainnet on 26
Token Unlocks:
$SUI: $230M: 2.4% on Dec. 1
$IMX: $42M: 1.47% on 29
$OP: $71M: 2.5% on 30
$1INCH: $40M: 7.7% on 30
$ZETA: $41M: 10.6% on Dec. 1
What Bloomberg Economics Says:
“Several Fed officials discussing US economic conditions of late have echoed a theme recently introduced by Chair Jerome Powell — a December rate cut isn’t a done deal and the central bank can slow its easing pace given subsiding risks to the economy.”
Earnings/Charts/Articles ⬎ : infinityhedge
Pumpfun has come under fire for users allegedly broadcasting harmful and violent behavior through its livestream feature. Some users threatened to commit self-harm, violence, and even shootings if their tokens did not reach market cap targets. Pumpfun said it has arranged for a team to review the situation around the clock. — link : Wu Blockchain News
Читать полностью…Ethena’s USDe Stablecoin market cap surges 60% in six weeks amid Crypto Bull run. - thedefiant.io : Leviathan News
Читать полностью…Pump.fun faces criticism over livestream feature amid harmful content allegations. - CoinTelegraph : Leviathan News
Читать полностью…MicroStrategy poised to own 4% of all Bitcoin by 2034 as Bernstein raises price target to $600. - The Block : Leviathan News
Читать полностью…Solana’s monthly DEX volume surpasses $100 billion for the first time — link | tl;dr : unfolded. DeFi
Читать полностью…ZK Layer 2 protocol Zircuit announced that its ZRC token will start trading at 10am UTC. 21% of the tokens will be allocated to the community airdrop, of which 12.45% can be directly received without conditions, and 13.08% will be used for future community development plans. At the same time, the tokens of the team and investors have a 12-month lock-up period. — link : Wu Blockchain News
Читать полностью…Howard Lutnick, Trump's nominee for Secretary of Commerce, said he would resign from Cantor Fitzgerald, BGC and Newmark, and may hand over the company's Tether business relationship to his son Brandon Lutnick, who once interned in Tether's Swiss business department. — link : Wu Blockchain News
Читать полностью…According to a Coinwire research report, 76% of cryptocurrency influencers on the X have promoted Memecoins that have now returned to zero, only 1% of the promoted Memecoins have achieved a tenfold increase, and 80% of the promoted Memecoins have plummeted by 70% in a week. — link : Wu Blockchain News
Читать полностью…Ethereum spot ETF had a net outflow of $71.6 million from November 18 to November 22 last week, and Grayscale ETF ETHE had a net outflow of $95.57 million. Blackrock ETF ETHA had a weekly net inflow of $78.34 million. — link : Wu Blockchain News
Читать полностью…The overall crypto market fell yesterday, but GameFi and DeSci sectors rose against the trend by 9.52% and 3.35%, respectively. The Sandbox (SAND) rose by 65.24%, Decentraland (MANA) rose by 29.56%, and Axie Infinity (AXS) rose by 14.27%. Rifampicin (RIF) rose by 27.98%. — link : Wu Blockchain News
Читать полностью…Bithumb, South Korea’s second largest exchange, announced the launch of KRW trading pairs for BICO and PUFFER. BICO is the native token and governance token of Biconomy’s multi-chain relayer infrastructure. Puffer is a native liquidity re-staking protocol based on EigenLayer. — link : Wu Blockchain News
Читать полностью…SEC secures record $8.2b in financial remedies for fiscal 2024.
Much of the total financial remedies came from a single action: a $4.5 billion settlement with the now-bankrupt crypto firm Terraform Labs, following a unanimous jury verdict against the firm and its founder Do Kwon. - Reuters : Leviathan News