Donald Trump’s social media group Trump Media is in talks to acquire crypto trading venue Bakkt (BKKT), a crypto platform owned by Intercontinental Exchange.
https://watcher.guru/news/donald-trumps-trump-media-to-acquire-crypto-trading-site
Magic Eden has introduced the ME tokenomics
Total supply: 1 billion ME
Initial ME Claim at TGE: 12.5%
- This claim will reward users across Bitcoin, Solana, and EVM ecosystems who will be an integral part of ME DAO.
- This allocation will be fully unlocked at TGE and distributed to users via Magic Eden’s mobile dApp.
- Any amounts that are left unclaimed will go back to ME stakers as future rewards as part of the Community allocation.
Community & Ecosystem: 37.7%
- The majority (22.5%) has been reserved to reward active users of ME protocols, to be released primarily via Magic Eden’s rewards program.
- The remaining (15.2%) of this allocation will go towards ecosystem development, including passionate advocates and creators who want to grow and support the protocols. These grants will be structured as long-term agreements to align long term stakeholders in the ecosystem.
- Also, 5% of ecosystem development is allocated to the ME Foundation Treasury for protocol support, including amounts for liquidity provision.
Contributors: 26.2%
- This allocation includes contractors and advisors supporting the protocols and Magic Eden employees. To signal long term commitment, core contributors representing >60% of the Contributor token bucket will lock their tokens for a minimum of 18 months post-TGE.
Strategic Participants: 23.6%
- All strategic participants who have provided critical guidance in the development of the ME Foundation protocols will have a minimum lockup period of 12 months post-TGE and follow the Token Emissions Schedule for gradual unlocking.
ME will be distributed over 4 years, at which point all ME will be fully circulating with the majority allocated to the community.
https://x.com/MEFndn/status/1858555801595486584
The crypto market is growing
BTC Dominance - 58.17%
Market Cap - $3.11T
BTC - $91,431.44 (+0.96%)
ETH - $3,148.77 (+1.21%)
BNB - $618.77 (-1.43%)
SOL - $240.77 (-1.55%)
INJ - $25.72 (+0.46%)
TON - $5.6 (+1.83%)
SUI - $3.74 (-3.45%)
OM - $3.89 (-12.06%)
https://dropstab.com
Tether is announcing its upcoming investment in Quantoz Payments to support the launch of EURQ and USDQ euro and US dollar-referenced E-Money Tokens (EMTs) respectively, designed to be MiCAR-compliant.
https://tether.io/news/tether-to-make-investment-in-quantoz-launch-of-micar-compliant-stablecoins-leverages-hadron-by-tether-tech-as-part-of-tokenization-expansion/
The IOTA Foundation is proposing to rebase IOTA’s Layer 1 to introduce a protocol with full decentralization, L1 programmability with MoveVM and EVM support, 50k+ TPS scalability, and IOTA staking.
This upgrade offers a faster path to a new mainnet than current IOTA 2.0 plans.
https://blog.iota.org/iota-rebased-fast-forward/
Goldman Sachs plans to spin out its digital assets platform
https://x.com/DeItaone/status/1858510757480026161
Vitalik Buterin: “One part of L2 scaling is Ethereum increasing its blob capacity. The other part is rollups becoming more data-efficient. Good to see Starknet rising to the challenge.”
https://x.com/VitalikButerin/status/1858486010927308871
Clearpool has announced that the Q3 2024 CPOOL buyback and burn have been executed.
The buyback and revenue increased by 76% compared to the previous quarter.
https://x.com/ClearpoolFin/status/1858440070971461721
Binance Pool Supports New Merged Mining: Mine BTC and Earn Rewards in Fractal Bitcoin (FB)
https://www.binance.com/en/support/announcement/binance-pool-supports-new-merged-mining-mine-btc-and-earn-rewards-in-fractal-bitcoin-fb-7ee990308bbe4017ae406fd0e7f90d72
StarkWare CEO Eli Ben Sasson says he expects transaction speed on the firm’s Ethereum layer 2 Starknet to increase four-fold while fees fall “5x” over the next three months — which could see it competing with the likes of Solana.
https://cointelegraph.com/news/starknet-to-increase-tps-as-fees-fall-within-3-months
The crypto market is growing
BTC Dominance - 58.23%
Market Cap - $3.07T
BTC - $90,649.99 (+0.3%)
ETH - $3,108.96 (+0.73%)
BNB - $626.38 (+1.66%)
SOL - $243.4 (+8.19%)
INJ - $25.49 (+0.37%)
TON - $5.5 (-0.09%)
SUI - $3.89 (+7.52%)
https://dropstab.com
Hasbulla's Cat (BARSIK) has partnered with DWF Labs
https://x.com/BarsikOnSolana/status/1857861218637435025
The crypto market is neutral
BTC Dominance - 58.46%
Market Cap - $3.07T
BTC - $90,660.01 (-0.68%)
ETH - $3,113.23 (-0.51%)
BNB - $627.95 (+0.29%)
SOL - $236.59 (+7.38%)
INJ - $25.95 (+4.26%)
TON - $5.59 (+3.3%)
SUI - $3.66 (-2.4%)
XRP - $1.03 (+6.91%)
https://dropstab.com
Elon Musk rejected an OpenAI initial coin offering (ICO) to launch a cryptocurrency back in 2018.
https://watcher.guru/news/elon-musk-rejected-openai-cryptocurrency-proposal-in-2018
MicroStrategy Announces Proposed Private Offering of $1.75B of Convertible Senior Notes
https://www.microstrategy.com/press/microstrategy-announces-proposed-private-offering-of-1-75b-of-convertible-senior-notes_11-18-2024
Coinbase will add support for io .net perpetual futures on Coinbase International Exchange and Coinbase Advanced.
The opening of the IO-PERP market will begin on or after 9:30 UTC 21 NOV 2024.
https://x.com/CoinbaseIntExch/status/1858540697881866559
Tether minted 2B USDT
https://x.com/whale_alert/status/1858550067353080228
https://x.com/whale_alert/status/1858527361882259863
HBAR Board Member and former Binance US CEO Brian Brooks has been named a potential candidate for SEC chairman.
https://x.com/Cointelegraph/status/1858467992775921940
Lido Co-Founders Said to Plot Competitor to Sam Altman's World Network
The new digital identity platform, Y, forgoes World Network's controversial biometric authentication for a system based on users' online activities.
https://www.coindesk.com/tech/2024/11/18/lido-co-founders-said-to-plot-competitor-to-sam-altmans-world-network/
MARA Holdings, Inc. Announces Proposed Private Offering of $700 Million of Convertible Senior Notes
https://ir.mara.com/news-events/press-releases/detail/1377/mara-holdings-inc-announces-proposed-private-offering-of-700-million-of-convertible-senior-notes
MicroStrategy has acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per bitcoin
As of 11/17/2024, it holds 331,200 BTC acquired for ~$16.5 billion at ~$49,874 per bitcoin.
https://www.microstrategy.com/press/microstrategy-acquires-51780-btc-and-achieves-btc-yield-of-20-qtd-and-41-ytd-now-holds-331200-btc
Binance Futures will launch the BANUSDT and AKTUSDT Perpetual Contracts at 2024-11-18 11:30 UTC with up to 75x leverage.
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-banusdt-and-aktusdt-perpetual-contracts-with-up-to-75x-leverage-f6577bdd30d542e0af4f76a14dfeb241
BlackRock has secured a license in Abu Dhabi
https://cointelegraph.com/news/blackrock-abu-dhabi-ai-expansion
Polish presidential candidate Sławomir Mentzen pledges to adopt a strategic Bitcoin reserve if elected.
https://x.com/BitcoinMagazine/status/1858240384528273590
Following the recent burning of 100 billion BONK (~$5 million) BonkDAO has launched a campaign to burn 1 trillion BONK (~$50 million)
Date: on November 15th at 12:01 UTC and end December 24th at 12:01 UTC
https://x.com/bonk_inu/status/1857465407801798732
Jupiter will launch LFG in February next year
https://x.com/weremeow/status/1857960050528235727
Giggle Academy X account hacked.
https://x.com/cz_binance/status/1857629129295704410
ARK Invest CEO Cathie Wood predicts Bitcoin will reach $1.5 million by 2030.
https://x.com/watcherguru/status/1857484372707770762