The Ethena Foundation has announced that the Wintermute proposal to enable an ENA fee switch has been approved by the Risk Committee.
https://x.com/EthenaFndtn/status/1857470376655385070
The crypto market is growing
BTC Dominance - 58.99%
Market Cap - $3.06T
BTC - $91,236 (+3.48%)
ETH - $3,152.92 (+2.38%)
BNB - $625 (+0.41%)
SOL - $220.99 (+5.78%)
INJ - $25.02 (+10.01%)
TON - $5.43 (+4.06%)
SUI - $3.87 (+23.53%)
PNUT - $1.84 (+9.37%)
https://dropstab.com
Babylon announces that Cap-3 (1.3) will likely happen in early Dec.
https://x.com/babylonlabs_io/status/1856698532796789228
Binance Futures launched the DEGENUSDT Perpetual Contract with up to 75x leverage.
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-degenusdt-perpetual-contract-with-up-to-75x-leverage-e25f171ca86342e9b7c160cc1697a090
💧Current state of the market in our weekly overview
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Spot ETF Flow on 14.11: BTC-ETF -$400.67M, ETH-ETF -$3.24M
https://sosovalue.com/assets/etf/us-btc-spot
Paradigm co-founder Matt Huang says that the race to build BTC reserves is on.
https://www.paradigm.xyz/2024/11/btc-for-the-sovereign
Michael Saylor says replacing SEC Chair Gary Gensler is "incredibly bullish for digital assets."
"It's very good for the crypto industry. We're going to see a lot more pro-Bitcoin policies."
https://x.com/WatcherGuru/status/1857197558126280813
Larry Fink: „The next step going forward will be the tokenization of financial assets."
https://x.com/Cointelegraph/status/1857213410015883391
Gary Gensler releases statement suggesting he may be leaving the SEC.
https://x.com/BitcoinMagazine/status/1857141569746506223
🚀 Sui Network Now Integrated in Drops Bot!
• Track Wallets
• Get Real-Time Updates
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👀 Drops Mini App & Bot
World Liberty Financial (WLFI) will leverage Chainlink as the standard for onchain data and cross-chain interoperability to help secure the WLFI Protocol ecosystem and establish its position as a key player in the evolving landscape of DeFi.
https://www.prnewswire.com/news-releases/donald-j-trump-inspired-world-liberty-financial-adopts-the-chainlink-standard-to-accelerate-the-mass-adoption-of-defi-302305219.html
Portal Ventures raises oversubscribed $75 million crypto fund backed by Chris Dixon and Marc Andreessen.
https://fortune.com/2024/11/14/portal-ventures-crypto-fund-chris-dixon-marc-andreessen-insight/
600 million GMT ($90.6 million) will be burnt
https://x.com/fslweb3/status/1856997075868590314
Dogecoin investors have dropped their class-action lawsuit against Elon Musk, which accused him of manipulating the price of DOGE during its 2021 surge from less than $0.10 to around $0.70.
https://www.theblock.co/post/326878/the-daily-dogecoin-investors-drop-class-action-lawsuit-against-elon-musk-michael-saylor-plans-100k-bitcoin-party-and-more
Elon Musk’s xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center.
https://www.cnbc.com/2024/11/15/elon-musks-xai-raising-up-to-6-billion-to-purchase-100000-nvidia-chips-for-memphis-data-center.html
Ondo Finance will soon enable instant conversions between Ondo Short-Term US Government Treasuries (OUSG) and PayPal USD (PYUSD).
https://blog.ondo.finance/introducing-24-7-conversions-between-ousg-and-paypal-usd-pyusd/
South Korea probes Upbit for 600K KYC violations
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with its business license renewal.
https://cointelegraph.com/news/upbit-kyc-violations-license-renewal-south-korea
Bounce announces Monet’s Paysage Auction Details
1. Memecoin Farming:
Start Time: Nov 18, 4:00 UTC
Unlock Time: Nov 23, 4:00 UTC
2. Price Speculation
Time: Nov 18 - Nov 19, 4:00 UTC
Bid Price: 10 AUCTION or 500 BB per guess
Official Auction Period:
Start Time: Nov 19, 4:00 UTC
Floor Price: 0.25 ETH
Bid Increment: Between 0.1 ETH & 0.25 ETH
https://x.com/bounce_finance/status/1856998628335726745
Top 100 losers in 24h: NEIRO -18%, PNUT -15%, WIF -12%, PEPE -11%, ORDI -11%, BEAM -11%, AAVE -10%.
https://dropstab.com/insights/top-performance
XION is now available for Pre-Market trading on Bybit, Bitget, Gate, Kucoin, Helix, MEXC, and others.
https://x.com/burnt_xion/status/1857260099439558741
18 US states have filed a lawsuit against the US Securities and Exchange Commission and its commissioners, including chair Gary Gensler.
The various states accuse the SEC of unconstitutional overreach and unfair persecution of the crypto industry under the leadership of Gensler.
https://watcher.guru/news/18-us-states-file-to-sue-sec-over-treatment-of-crypto-industry
Bitfinex hacker Ilya Lichtenstein sentenced to five years in prison for attempting to launder 120,000 bitcoin
Lichtenstein’s wife and co-conspirator Heather “Razzlekahn” Morgan’s sentencing is scheduled for Nov. 18.
https://www.theblock.co/post/326730/bitfinex-hacker-ilya-lichtenstein-sentenced-to-five-years-in-prison-for-attempting-to-launder-120000-bitcoin
The crypto market is down
BTC Dominance - 59.18%
Market Cap - $2.95T
BTC - $88,085.44 (-2.16%)
ETH - $3,073.93 (-4.77%)
BNB - $621.1 (-1.26%)
SOL - $207.88 (-5.28%)
INJ - $23.07 (-4.89%)
TON - $5.24 (-3.12%)
SUI - $3.15 (-6.23%)
PNUT - $1.63 (-28.28%)
https://dropstab.com
Tether Announces Asset Tokenization Platform Hadron
https://x.com/Tether_to/status/1857093404632494353
Ozean partners with Solv Protocol to introduce SolvBTC to Oxygen (O2)
Backed 1:1 by BTC, SolvBTC provides BTC holders access to cross-chain DeFi opportunities and yield generation.
SolvBTC has over 25,000 BTC staked ($2 billion) and is backed by investors, including Nomura subsidiary Laser Digital.
https://x.com/ClearpoolFin/status/1857045933151642035
The SuiNS Token (NS) claim is live
The NS is now trading at ~$0.68.
FDV: ~$342M
https://x.com/SuiNSdapp/status/1857015148755484958
President-elect Donald Trump has tapped pro-crypto Florida Congressman Matt Gaetz to serve as the next Attorney General of the United States.
https://decrypt.co/291622/trump-taps-bitcoin-fan-matt-gaetz-for-attorney-general
💧 Price Gainers Among AI Memes in Top 1000 Last Week
👉 https://dropstab.com/tab/ai-memes