Crypto Market Daily Review ☀️
The market is down. Market cap is $1.44T. Bitcoin is trading at $37.3K
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The USTC price has increased by 155% in 24 hours and USTC is now trading at $0.04.
https://dropstab.com/coins/terrausd
SIPHER grew 60% in 24 hours and entered the top 300 in FDV ($192m).
https://dropstab.com/coins/sipher
The Cosmos community voted to reduce the maximum inflation rate from 14% to 10% and the annualised staking yield from 19% to 13.4%.
https://www.mintscan.io/cosmos/proposals/848
Co-founder of Magic (TreasureDao) Karel Vuong said that they are currently building a gaming blockchain and plan to use the MAGIC token as a gas.
It is very likely that the blockchain will be based on Arbitrum.
https://twitter.com/karelvuong/status/1728242284251283955
A whale or unknown fund address '0x59a6' deposited 15,000 stETH ($31.52M) into Blast, making it the largest depositor on the Blast bridge.
https://x.com/0xscopescan/status/1728354863892029845
Coinbase and MicroStrategy shares hit a new high since early 2022.
https://www.tradingview.com/chart/?symbol=NASDAQ%3AMSTR
LooksRare has updated tokenomics and started burning LOOKS.
50% of fees from new initiatives, including YOLO and Raffles, now goes towards buying LOOKS out of the market.
https://docs.looksrare.org/blog/the-big-looks-tokenomics-update
STEPN has presented its brand new MOOAR Genesis Sneakers.
https://x.com/stepnofficial/status/1728049354324279588
Binance Labs, BNB Chain and CMC Labs launch the seventh phase of the MVB VII incubation program, to incubate 100 early-stage projects.
Applications are open until 23:59 UTC on January 15, 2024.
The MVB program has also expanded to include two tracks.
The first is the Startup Track, which sees the program continuously admit and advise on new startups, facilitating the acceleration of their growth.
The second is the newly added Founder Track, which serves as a venture studio committed to incubating 100 innovative ideas that address real-world needs.
https://www.bnbchain.org/en/blog/mvb-accelerator-program-teams-up-with-cmc-labs-to-launch-new-founder-track-aiming-to-incubate-100-new-projects-on-bnb-chain
Bybit announced a new launchpad project - 5ire.
Date: on November 28, 10:00 UTC
/channel/Bybit_Announcements/2909
Montenegro court approves Do Kwon's extradition to the U.S.
https://sudovi.me/vspg/sadrzaj/pwEl
HEX founder and alleged fraudster Richard Heart, is hiding from the U.S SEC. Rumors he recently fled from Finland to Russia.
https://x.com/whalechart/status/1727827189926654390
In total, El Salvador spent over $126 million on BTC, they are now worth $116 million, meaning the loss is over $10 million or almost 8%.
https://nayibtracker.com/
Options for BTC and ETH for a total of $6.52 bln will expire on the Deribit exchange on November 24 at 8:00 UTC.
The open interest in BTC - strike $33,000.
The open interest in ETH - strike $1,700.
This is one of the largest expirations in BTC and ETH options this year.
https://metrics.deribit.com/options/BTC
CEO of Binance Richard Teng posted a photo with Khabib and Ronaldo.
Users are waiting for new announcements of Binance's collaborations with celebrities.
https://twitter.com/_RichardTeng/status/1728770225896862052
ImmutableX TVL rose 39% in a week to $215 million.
https://l2beat.com/scaling/projects/immutablex
Binance's $4.3bn penalty stands as the seventh-highest financial fine ever recorded in history and one of the largest criminal penalties in US history.
https://twitter.com/TELO_OFFICIAL/status/1727078269558919575
Polkadot will abandon its parachain auction system in the next six months and replace it with Agile Coretime or Bulk Coretime.
Also in development is a bridge that will connect Ethereum, Polkadot and Kusama.
https://www.youtube.com/watch?v=R8OCl3DGA7o
Solana ranked second among all blockchains in terms of NFT sales in history.
https://www.cryptoslam.io/blockchains
The current Avalanche Web Wallet at wallet.avax.network will be phased out on November 30th.
All staking needs can now be found with Core Stake.
https://x.com/avax/status/1728095677518074249
At present, HTX has resumed TRC20 USDT deposit and withdrawal services, as well as deposits for BTC after the hack.
https://www.htx.com/support/en-us/detail/24955208177843
The largest recipient of BLUR airdrop, Hanwe (@HanweChang), sold all tokens received ( $7.2 million BLUR).
https://twitter.com/ArkhamIntel/status/1728001626307174592
💧Current state of the market in our weekly overview
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Ethereum (ETH) has risen back above $2,100 and is preparing to renew local highs.
https://dropstab.com/coins/ethereum
KyberSwap offered the hacker 10% of the stolen funds as a bugbounty reward if he returned the other 90% by tomorrow.
https://etherscan.io/idm?addresses=0x8180a5ca4e3b94045e05a9313777955f7518d757,0x50275e0b7261559ce1644014d4b78d4aa63be836&type=1
According to WSJ, Sam Bankman-Fried has been placed in a dormitory with Juan Orlando Hernández, a former Honduran president who is awaiting trial over acceptance of bribes from drug traffickers.
SBF’s difficulties in accessing vegetarian meals and ADHD medication in prison have been resolved.
SBF is allowed to see non-attorney vistors once a week.
He has also been granted access to a special laptop for the review of legal documents, though his computer use is restricted to a dedicated room with divider desks.
Sam is trading mackerel packets with other inmates in exchange for services. He reportedly traded an unknown amount of mackerel for a haircut prior to his trial in November.
Mackerel packets — which are individually worth about $1.30 — became a de facto prison currency.
SBF has also provided advice regarding cryptocurrency investment to guards.
https://cryptoslate.com/sbf-housed-with-ex-honduras-president-in-jail-is-trading-mackerel-and-giving-crypto-tips/
Binance will list Blur (BLUR) and open trading for the following spot trading pairs at 2023-11-24 09:00 UTC:
▫️New Spot Trading Pairs: BLUR/BTC, BLUR/USDT and BLUR/TRY.
▫️Users can now start depositing BLUR in preparation for trading.
▫️Withdrawal for BLUR will open at 2023-11-25 06:00 UTC.
The BLUR price has increased by ~27%.
https://www.binance.com/en/support/announcement/binance-will-list-blur-blur-with-seed-tag-applied-85306854c60347a6a4131493ec8d26a6
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.44T. Bitcoin is trading at $37.3K
dropstab | icodrops | twitter | telegram