DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.21T (-0.27%)
BTC Price: $91,534 (-0.58%)
BTC Dominance: 56.4% (0.00%)
Fear & Greed Index: 90 (Extreme Greed)
Total Value Locked: $176B (-1.32%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are 0G Labs ($40M), a decentralized AI operating system (dAIOS), Wyden ($16.9M), an institutional crypto trading company, and Notabene ($14.5M), a crypto payment authorization network.
Ethereum-compatible L1 Monad rolls out the first phase of its Testnet
The Testnet follows the launch of Monad Devnet in March, having reached 10,000 TPS with a one-second block time. Monad Labs raised $244 million in total funding backed by Paradigm, Dragonfly, Coinbase Ventures, Electric Capital, and OKX Ventures.
👉 www.theblock.co/post/327005/monad-testnet
UniLend (UFT) launches Numa Network on November 21st
Numa is a protocol offering gas sponsorship and gasless transaction capabilities to address the challenges of high gas fees and improve accessibility for DeFi users. UniLend is a DeFi protocol that provides a unified interface, seamlessly integrating multiple functionalities.
👉 x.com/UniLend_Finance/status/1857479492861870183
Blockchains by the number of dApps growth in the last month
This infographic highlights the top-10 blockchains that have experienced the highest growth in dApps over the last 30 days. It presents key statistics on the number of new dApps, showcasing which blockchains are leading in innovation and user adoption.
Binance Pool has kicked off Fractal Bitcoin (FB) merged mining
With this new merged mining feature, users on Binance can participate in BTC mining and receive Fractal Bitcoins in their external wallet address as a reward. Fractal is a layer 2 side-chain Bitcoin scaling solution which uses the Bitcoin core code to scale.
👉 binance.com/en/support/announcement/binance-pool-fractal
Projects that will hold its initial listing next week
Presenting the list of the anticipated projects that have already announced their initial listing and plan to enter the crypto market within the next 7 days. The list includes Bitfinity, Zyfi, MicroGPT, Ponder and MemeFi.
Crypto Events Recap, November 14-15
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-november-14-15-2024
XION (XION) Pre-Market is live on multiple exchanges
XION is now available for Pre-Market trading on Bybit, KuCoin, Gate, Helix, Bitget, and MEXC. Pre-Market price - $5.70. XION is an L1 blockchain purpose-built for mainstream adoption through Generalized Abstraction.
👉 x.com/burnt_xion/status/1857260099439558741
South Korea’s Financial Intelligence Unit (FIU) probes Upbit for ~600,000 KYC violations
Due to the alleged customer verification violations, Upbit reportedly faces fines of $71,500 per case, in addition to possible issues with business license renewal. Founded in 2017, Upbit is the largest crypto exchange in South Korea, trading $2.2B daily.
👉 cointelegraph.com/news/upbit-kyc-violations-license-renewal-south-korea
Top-15 Total Value Locked (TVL) gainers in the last 30 days
Among the top performers are Echo Lending, a BTC liquid restaking protocol and yield Infrastructure, Cygnus Restake, a non-custodial cross-chain restaking protocol, and bnSOL, the tokenized representation of SOL staked by Binance.
Portal Ventures raised $75M for its pre-seed crypto fund
The fund is backed by a16z’s Marc Andreessen and Chris Dixon, along with the contributions from Accolade Partners, Theta Capital, and CrossLayer Capital. The fund invests in only one founder per category, with a strong emphasis on Bitcoin programmability.
👉 cointelegraph.com/news/portal-ventures-raises-75-m-pre-seed-crypto-fund
Ponder (PNDR) launches its token via KuCoin BurningDrop
The subscription will take place today. KuCoin users will be able to mine PNDR by staking KCS on November 16 - December 6. Tokens Allocated for the platform: 2.0M PNDR. Ponder is an AI-powered comparison engine for all Web3 trends.
👉 kucoin.com/announcement/en-ponder-pndr-is-available-on-burningdrop
Primex (PMX) introduced an Incentivized Liquidity Mining Program
During the Program, participants earn points based on their activities from different roles in the ecosystem - Lender, Farmer and Trader. A total of 30,000,000 PMX was reserved for campaign distribution. The first stage is expected to launch on November 15.
👉 x.com/primex_official/status/1856787644602314850
Lumia (LUMIA) announced an integration with API3 (API3)
Lumia now supports API3’s Oracle Stack, unlocking access to over 170 data feeds through the API3 Market and OEV Network. The integration enables developers to tap into decentralized data feeds (dAPIs) powered by first-party Oracle nodes.
👉 medium.com/@Lumia.org/lumia-x-api3-powering-next-level-decentralized-data-feeds-5641b029dec7
Crypto Events Recap, November 16-18
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-november-16-18-2024
0G Labs (0G) launches an AI Alignment Node Sale on SwissBorg
Users can access the 0G Node Sale via the SwissBorg app today, on November 18. Among the available tiers are Bronze, Silver, Gold, and Diamond vaults based on the BORG tokens held in the SwissBorg wallet. 0G is a decentralized AI Operating System (dAIOS).
👉 x.com/0G_labs/status/1857499006064017450
Tether-backed Quantoz launches new MiCA-compliant stablecoins
USDQ and EURQ will be available for trading on Bitfinex and Kraken on November 21. Quantoz will hold 2% of the token on its balance sheet following MiCA regulations. Tether, Kraken, and Fabric Ventures will invest an undisclosed sum in the company.
👉 theblock.co/post/326982/tether-backed-quantoz-launches-mica-compliant-stablecoins-usdq-eurq
Bonk Inu (BONK) kicked off the 1 trillion BONK burning campaign
Users will be able to increase burned BONK amount by publishing Twitter (X) posts using #LetsBONK, subscribing to IG, Tiktok, & Youtube, among many others activities. BONK is one the largest meme coins on Solana blockchain.
👉 x.com/bonk_inu/status/1857465407801798732
Off the Grid has announced all-stars streamer tournament
The tournament kicks off on November 20th. Top 60 North American streamers will compete for $600K. Previously, Gunzilla launched a Clash for Cash tournament with a $3K daily prize pool. Off the Grid is a cyberpunk-styled F2P battle royale game.
👉 x.com/playoffthegrid/status/1857144826220904676
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.22T (-0.87%)
BTC Price: $91,810 (+0.73%)
BTC Dominance: 56.4% (-0.20%)
Fear & Greed Index: 83 (Extreme Greed)
Total Value Locked: $178B (+1.14%)
MAJOR UPCOMING EVENTS IN NOVEMBER!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Sharpe AI (SAI) launches a $6 million fund to support next-generation AI projects
Funding will empower projects ranging from AI chatbots to non-custodial on-chain indices and data infrastructure designed for LLM. Six projects are currently being supported, with one scheduled a launchpad sale on Sharpe AI on late November.
👉 x.com/SharpeLabs/status/1857303218813907057
Web Traffic Spotlight in October: Centralized Exchanges
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com
Wyden raised $16.9 million in a Series B funding led by Truffle Capital
Other investors in round include Sygnum, C3 Venture Capital, FiveT, PostFinance. Funding follows the launch of Wyden Infinity, a new cloud-native product for automation of digital asset trade lifecycle. Wyden is a digital asset trading company for institutional investors.
👉 wyden.io/intelligence/wyden-secures-usd-16-9-million-in-series-b-funding-round
Tether launched Hadron, an RWA tokenization platform
Tether’s new platform aims to offer a vast variety of asset types and specifically mentions the tokenization of stocks, bonds, stablecoins, and loyalty points. Tether is an operator of USDT, the world's largest stablecoin, expanding into new businesses and investments.
👉 tether.io/news/hadron-by-tether-platform-brings-simplified-asset-tokenization-to-the-mass-market/
Folks Finance closed a $3.2M Strategic funding led by Borderless
Funding participants include Mapleblock Capital, SOVO, Selini Capital, Dewhales, DEXT Force Ventures, Algorand Foundation, DuckDAO, BlackDragon & DIB Ventures. Folks Finance is the cross-chain DeFi app offering a full suite of DeFi tools.
👉 x.com/FolksFinance/status/1857088365306212421
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.05T (-4.58%)
BTC Price: $88,101 (-2.89%)
BTC Dominance: 57.2% (+0.10%)
Fear & Greed Index: 80 (Extreme Greed)
Total Value Locked: $169B (-4.85%)
Franklin Templeton expands its $410 million FOBXX fund to Ethereum
The OnChain U.S. Government Money Market Fund (FOBXX) can now be traded on the Ethereum blockchain. The fund is already available on Base, Aptos, and Avalanche. Launched in 2021, FOBXX became the first money market fund to use a public blockchain to track transactions and ownership.
👉 coindesk.com/business/2024/11/14/franklin-templeton-expands-410m-money-market-fund-to-ethereum-blockchain
Web Traffic Spotlight in October: Decentralized Exchanges
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com