BakerySwap has unveiled the upcoming launch of BakerySwap's next-generation products:
1. Multi-chain Swap & Aggregator
2. Multi-chain "PumpFun"
3. MemeFi Staking & Earning
https://x.com/bakery_swap/status/1860955246857760813
Sky Mavis, the blockchain startup known for Axie Infinity, has announced it will reduce its workforce by 21%.
This decision will affect around 50 employees, given their global team numbers around 250.
https://www.techinasia.com/news/sky-mavis-lays-21-workforce
Andrew Kang: “The DeSci space right now feels like the early 2019 DeFi days. Everything is still raw, experimental, but there's an underlying understanding from this involved that there is massive potential.
It's likely that the current projects won't have the same model/product as they will in the future but that's because they are developing through iteration. It was this way with Maker, Synthetix, and Aave in 2019 which were clunky microcaps that are now massive protocols”.
https://x.com/Rewkang/status/1860722553326850398
Cantor Fitzgerald is expected to acquire approximately 5% of the ownership interest in Tether.
https://x.com/wublockchain/status/1860508951277895805
💧 Top Solana Ecosystem Coins in Accumulation Phase
👉 https://dropstab.com/insights/accumulation-phase
Tether minted 2B USDT
https://whale-alert.io/transaction/ethereum/0x8def33c87eefe026cec2d9921e5eefc1bc945ff02ccef66ac9453a1c48bd143f
Spot ETF Flow on 22.11: BTC-ETF +$490.35M, ETH-ETF +$91.21M
https://sosovalue.com/assets/etf/us-btc-spot
Marathon Digital Holdings acquired 5,771 BTC worth $572 million.
https://x.com/maraholdings/status/1860047929719021739
Robinhood's Dan Gallagher does not want to helm the U.S. Securities and Exchange Commission.
https://www.theblock.co/post/327856/robinhood-exec-dan-gallagher-rules-out-leading-sec
CBOE is launching the first cash-settled index options related to the price of spot Bitcoin beginning Monday, December 2.
https://www.prnewswire.com/news-releases/cboe-to-launch-the-first-cash-settled-options-product-related-to-spot-bitcoin-beginning-monday-december-2-302314301.html
Bitcoin Hashrate Hits All-Time High
https://cryptoquant.com/insights/quicktake/673fd419a25bda12c1088d6a-Bitcoin-Hashrate-Hits-All-Time-High
Zentry has introduced its whitepaper
https://x.com/zentry/status/1859905017274393083
Zircuit (ZRC) officially becomes transferrable on 11.25.2024
https://x.com/ZircuitL2/status/1859867590321111478
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
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-1000whyusdt-and-1000cheemsusdt-perpetual-contracts-with-up-to-75x-leverage-3dd2c1e3f5f040ac9f7a94c6597ef842
Lumoz has introduced the feature of Lumoz OG NFT: instant esMOZ to MOZ conversion
https://x.com/LumozOrg/status/1860957988976210342
The head of South Korea’s top financial regulator has dismissed the notion of creating a national Bitcoin reserve “for the time being.”
https://cryptonews.com/news/south-koreas-top-regulator-dismisses-talks-of-building-national-bitcoin-reserve/
In the past 24 hours, the total liquidations comes in at $498 million
https://www.coinglass.com/LiquidationData
The HECO Network will retire on Jan 15, 2025 (UTC), coupled with the removal of some HRC20 assets (i.e. HRC20ETH, HRC20TUSD, HRC20LINK, HRC20USDC, HRC20UNI, HRC20SHIB, HRC20HBTC, and HRC20USDT).
Holders of these HRC20 assets can visit HecoDAO's official website (https://heco123.com) and deposit their assets to the designated address before Jan 10, 2025.
The deposited assets will be calculated at their prices on Nov 10, 2024, with each 1 USDT equivalent converting to 1 point. Points will be linked to the users' wallet addresses connected to their HECO accounts. Upon the conversion deadline of Jan 10, 2025, all accrued points will undergo a final calculation and redemption to HTX, with 1 point ≤ 200,000 HTX.
Linear distribution of HTX will commence on January 15, 2025, and will be completed in 12 batches. Users’ TRON network addresses, as provided during the point redemption process, will be used to receive HTX.
Further instructions on the HTX claim process will be provided in due course.
https://www.heco123.com/en-us/
The crypto market is down
BTC Dominance - 57.71%
Market Cap - $3.35T
BTC - $97,840 (-0.53%)
ETH - $3,365.22 (-1.97%)
BNB - $658.97 (+0.01%)
SOL - $252.41 (-2.57%)
INJ - $27.58 (-3.42%)
TON - $6.08 (-5.51%)
SUI - $3.36 (-4.38%)
ZRO - $4.49 (+10.83%)
https://dropstab.com
On November 23, the price of the WBTC/USDT trading pair on Binance crashed, and the price fell to 5209 USDT at one point, and then quickly returned to normal.
https://x.com/wublockchain/status/1860504033439752521
The crypto market is growing
BTC Dominance - 57.20%
Market Cap - $3.40T
BTC - $98,079.99 (-0.43%)
ETH - $3,421.5 (+2.13%)
BNB - $659.5 (+2.07%)
SOL - $257.53 (-1.69%)
INJ - $28.56 (+0.19%)
TON - $6.47 (+15.95%)
SUI - $3.5 (-2.28%)
https://dropstab.com
Magic Eden (ME) TGE will be on December 10.
https://x.com/MEFndn/status/1859994632555549007
Tether minted another 1B USDT
https://whale-alert.io/transaction/ethereum/0x7982ac0eb0ae8cf72b693d7409b0124e4913e042423610da6ab68d17c90fa02c
https://x.com/lookonchain/status/1860003689299398945
The crypto market is growing
BTC Dominance - 58.04%
Market Cap - $3.37T
BTC - $98,535.08 (-0.12%)
ETH - $3,345.73 (+0.37%)
BNB - $644.69 (+3.54%)
SOL - $259.21 (+0.42%)
INJ - $27.9 (+13.68%)
TON - $5.53 (+0.69%)
SUI - $3.55 (+0.68%)
https://dropstab.com
Sui has entered into a strategic partnership with Franklin Templeton Digital Assets focused on supporting Sui ecosystem builders and deploying novel technologies leveraging the Sui blockchain protocol.
https://blog.sui.io/franklin-templeton-digital-assets-strategic-partnership/
Bybit, Bitget, HashKey will list Zircuit (ZRC) on November 25, 10:00 UTC.
https://x.com/Bybit_Official/status/1859884530024296902
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram