DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.89T (+0.89%)
BTC Price: $81,217 (+2.68%)
BTC Dominance: 55.6% (-0.20%)
Fear & Greed Index: 75 (Greed)
Total Value Locked: $158B (+2.39%)
Crypto Events Recap, November 9-11
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-november-9-11-2024
MicroStrategy acquired additional 27,200 BTC for ~$2.03 billion
The average purchase price is $74,463. The company now hold 279,420 BTC acquired for ~$11.9 billion at average price ~$42,692 per Bitcoin. MicroStrategy's unrealized Bitcoin profit top $10 billion.
👉 x.com/saylor/status/1855959543508828428
Bitlayer integrates with Nansen to deliver premier on-chain data and analytics
The integration will help Bitlayer to strengthen its analytics capabilities, offering users a clearer understanding of network activity, trends, and growth opportunities. The Bitlayer Growth and Query Dashboard release is expected in following months.
👉 x.com/nansen_ai/status/1855916244005945364
HashKey (HSK) announced the launch of its L2 Testnet
HashKey Chain is a Ethereum L2 network which offers full compatibility with the Ethereum Virtual Machine. Developers can use HSK faucet to get test HSK on HashKey Chain Testnet. HashKey is an end-to-end digital asset financial services company.
👉 x.com/HashKeyHSK/status/1855821946635837773
TON extension TAC raised $6.5 million in Seed funding round
Hack VC and Symbolic led the Seed round with participation from Paper VC, Animoca, Primitive, Spartan Capital, TON Ventures, Ankr, among other angel investors such as Sandeep Naiwal. Testnet is expected to launch this week, while Mainnet scheduled for Q1 2025.
👉 theblock.co/post/325410/tac-seed-round-ton-telegram-evm
Top 15 Projects by Network Growth over the past 30 days
Network growth shows the percentage increase in new addresses that transferred a given token for the first time in the selected period compared to the previous one.
0G Labs kicks off AI Alignment Node Sale today, at 12:00 UTC
The nodes will be distributed across 32 tiers, starting at 0.05 ETH. 0G's nodes will offer evolving utility, rewarding participants with emissions for securing network. 0G Labs is the first decentralized AI Operating System. Previously, it raised $35M in a Pre-Seed funding.
👉 http://0gfoundation.ai/?code=CryptoDiffer
FTX sues Binance to claw back almost $1.8 billion
According to the filing, the plaintiffs argue that Binance exchange fraudulently received at least $1.76 billion in FTT, BNB, and BUSD in a deal in which FTX bought back the 20% shares of FTX International acquired by Binance in 2019 for as little as $18.6 million.
👉 bloomberg.com/news/articles/2024-11-11/ftx-sues-binance-former-ceo-zhao-seeking-1-8-billion-clawback
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.89T (+0.89%)
BTC Price: $81,217 (+2.68%)
BTC Dominance: 55.6% (-0.20%)
Fear & Greed Index: 75 (Greed)
Total Value Locked: $158B (+2.39%)
❗️Bitcoin has reached a new ATH, now trading around $80K
In the past 24 hours, BTC price surged by 4.36%, pushing its market cap to $1.58 trillion. Market dominance stands at 58.8%.
Crypto Events Recap, November 7-8
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-november-7-8-2024
MANTRA to airdrop 50 million of OM token via GenDrop Season
50,000,000 of OM were allocated to participants of KARMA Pre-Mainnet quests (60%), Galxe Season 1/2 (13%), Node stakers (8%), Testnet Validators (3.5%), and holders of multiple NFT collections (15.5%). MANTRA is an RWA & tokenized assets Layer 1 blockchain.
👉 mantrachain.io/resources/announcements/mainnet-gendrop-allocation-revealed
Persistence (XPRT) to launch its Beta Testnet starting next week
The Testnet will be launched in a three phases: for partners, WL registration, and public via daily tasks. Phase one begins on November 11, beta registration goes live mid-next week, while public quests to be dropped on November 25.
Persistence is building BTC cross-chain interoperability product for Bitcoin-related assets across multiple ecosystems.
👉 x.com/PersistenceOne/status/1854482708346651010
Binance Labs has invested in decentralized science project BIO Protocol
The platform allows scientists, patients, and investors to fund, develop, and co-own new drugs through biotech DAOs, addressing gaps in traditional scientific funding. BIO’s existing network comprises 7 BioDAOs on Ethereum, with plans to expand to Solana and other blockchains in Q1 2025.
👉 theblock.co/post/325185/binance-labs-desci-investment-bio-protocol
❗️Bitcoin has reached a new ATH, now trading around $87K
In the past 24 hours, BTC price surged by 9.66%, pushing its market cap to $1.73 trillion. Market dominance stands at 59.9%.
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Stake Stone ($22M), an omnichain liquidity asset protocol, Vlayer ($10M), a verifiable data infrastructure, and Cytonic ($8.3M), a multiVM layer 1 blockchain.
Liquidations by CEXs in the past 24 hours account for $659 million!
In the past 24 hours, 200,724 traders were liquidated. The largest single liquidation happened on OKX - BTC/USDT valued at $15.56M.
Data source: coinglass.com
ENS Labs introduced its L2-agnostic rollup, called Namechain
Namechain is designed to prioritize interoperability and allow users to start ENS from any Layer 2 network. The launch of Namechain is expected by the end of 2025.
👉 theblock.co/post/325381/ens-labs-introduces-own-l2-agnostic-rollup-namechain
Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled.
👉 https://app.orioleinsights.io/projects
Band Protocol (BAND) has rebranded to Band
The new branding and Band v3 will go live in early 2025. Band V3 will allow developers to set up price feeds in less than 5 minutes and deploy Oracle contracts in 1 click. Band is a data oracle aggregating and connecting real-world data and APIs to smart contracts.
👉 blog.bandprotocol.com/band-protocol-is-dead-band-is-here/
Dune has acquired blockchain simulation company smlXL
Along with the acquisition, Dune announced the launch of Echo platform that connects developers with real-time blockchain data across 30 different chains. Dune is an Ethereum-centric analytics platform that makes on-chain data accessible and consumable.
👉 theblock.co/post/325364/dune-buys-smlxl-to-expand-real-time-blockchain-data-offering
WalletConnect (WCT) will hold its airdrop on November 26th
The project allocated 18.5% of total supply (185M WCT) for Airdrop Season 1. To participate, users must register by connecting wallets, linking GitHub accounts, and providing an email. WalletConnect is a Web3 communications protocol.
👉 x.com/WalletConnect/status/1855831879200719272
Act I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) gets listed on Binance
Binance will open trading for ACT/USDT and PNUT/USDT trading pairs on November 11th, 10:00 AM UTC. Users can now start depositing ACT and PNUT in preparation for trading.
Act I : The AI Prophecy is a meme coin on Solana with a decentralized AI community with the core mission of democratizing AI knowledge. Peanut the Squirrel is a meme coin on Solana.
👉 binance.com/en/announcement/binance-list-act-and-peanut
Projects by Diluted Valuation launched this week
Let's discover the latest projects making waves in the space. Leading the list are Swell Network, a staking protocol offering seamless DeFi yield, Contango, a DeFi protocol enabling users to create leveraged positions, and Units Network, an L0 blockchain ecosystem.
MAJOR UPCOMING EVENTS IN NOVEMBER!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled.
👉 https://app.orioleinsights.io/projects
Coinbase announced the launch of cbBTC on Solana
cbBTC lets traders swap in/out of bitcoin-backed token by sending it between the exchange and Solana wallets. cbBTC is now integrated into Jupiter, Meteora, Kamino, and Raydium. In September, Coinbase first rolled out cbBTC on Base and Ethereum.
👉 coindesk.com/business/2024/11/07/coinbase-brings-bitcoin-to-solana
Zyfi (ZFI) to conduct its token sale on Finceptor on November 15th
Registration period is now live and will last till November 13. Sale price is 1 ZFI = $0.04. Sale Hard Cap is $200,000, with a 25% unlock at TGE followed by 6 months linear vesting. Zyfi is building the best on-chain user experiences leveraging Paymasters and Intents.
👉 finceptor.app/deals/sale/zyfi