President-elect Donald Trump and the upcoming administration may grant the Commodity Futures Trading Commission the ability to regulate certain digital assets
The CFTC's altered role could include regulating crypto exchanges and spot markets dealing with digital assets deemed commodities, such as bitcoin and ether.
https://www.theblock.co/post/328412/trump-team-looking-to-shift-crypto-regulation-to-cftc-dilute-secs-role-report
The crypto market is down
BTC Dominance - 57%
Market Cap - $3.22T
BTC - $92,739.14 (-1.44%)
ETH - $3,361.78 (-1.77%)
BNB - $616.76 (-3.74%)
SOL - $231.89 (-1.8%)
INJ - $29.78 (+9.6%)
TON - $6.19 (+0.52%)
SUI - $3.32 (+3.26%)
ZRO - $4.35 (+0.44%)
https://dropstab.com
A bill to create a strategic Bitcoin reserve has been introduced in Brazil's Chamber of Deputies.
https://x.com/bitcoinmagazine/status/1861463534804091359
Ton Foundation introduces TON Teleport BTC (tgBTC)
TON Teleport BTC builds on Bitcoin’s foundational principles to integrate its liquidity with TON's ecosystem, offering enhanced yield opportunities, distribution capabilities, and security innovations.
https://blog.ton.org/unlocking-the-future-of-bitcoin-with-ton-teleport-btc
STRK Staking phase 1 is officially live on Mainnet
https://x.com/Starknet/status/1861394485978206580
CZ: “I am not against memes, but meme coins are getting "a little" weird now.
Let's build real applications using blockchain.”
https://x.com/cz_binance/status/1861306581758976434
Spot ETF Flow on 25.11: BTC-ETF -$438.38M, ETH-ETF +$2.83M
https://sosovalue.com/assets/etf/us-btc-spot
BTCparser has proposed a new theory about Satosi Nakamoto
According to BTCparser, Satoshi avoids using his early wallets and coins to stay under the radar. Instead, he may have been discreetly moving funds mined anonymously since 2010.
https://btcparser.com/index.php?p0=2009
Pump․Fun has removed its live-streaming feature
Pump․fun plans to bring back their live streaming when their “moderation infrastructure is ready.”
https://x.com/Cointelegraph/status/1861127435158425910
Babylon Bitcoin Staking Phase-1, Cap-3 opens on December 10th, 2024, around 11:00 UTC
▫️Cap-3 will run for 1,000 BTC blocks (roughly one week)
▫️ Minimum stake per transaction: 0.005 BTC
▫️Maximum stake per transaction: Increased to 5,000 BTC
▫️ Pioneering innovation in point allocation
First 300 BTC blocks: 100,000 points per block.
Remaining 700 BTC blocks and beyond: 21,000 points per block.
▫️Cap-3 stakes unbonding transaction fee will remain 0.00032 BTC
https://x.com/babylonlabs_io/status/1861042310802235653
The Customs and Border Protection Agency (CBP) is holding certain imports of Antminer ASICs at ports of entry to the United States.
According to seven U.S.-based bitcoin mining companies, the Federal Communications Commission (FCC) has requested the CBP to hold certain shipments of Bitmain ASIC miners at ports of entry. The CBP has held some of these shipments for two months.
https://miningpod.blockspace.media/p/bitmain-units-are-being-halted-at-u-s-ports
SynFutures has introduced the SynFutures Foundation and the F token
Total supply: 10,000,000,000 F
Community: 28.5%
Airdrop: 7.5%
Listing details and its checker will be announced later.
https://medium.com/synfutures/introducing-synfutures-foundation-and-the-f-token-207bf843f0eb
Binance Labs has invested in Kernel, the core restaking infrastructure on BNB Chain
Kernel will first launch on BNB Chain using BNB Liquid Staking Tokens (LSTs) and restaked BNB as economic security to support DeFi innovation on BNB Chain. Plans for expansion include incorporating BTC and its derivatives as restaked economic security. Over 20 decentralized applications (dApps), including decentralized AI coprocessor, Mira, and ZK proof aggregation protocol, Electron, are going to leverage Kernel’s economic security.
https://x.com/BinanceLabs/status/1861047279270195381
Andrei Grachev: „Cause the US elections have the major impact on the US market, I would consider projects with the US roots and lead VC as top gainers in the short term.“
https://x.com/ag_dwf/status/1861025544550179013
Tornado Cash users have scored a victory in a United States appeals court after a three-judge panel found the Treasury’s sanctions against the crypto mixer’s immutable smart contracts were unlawful.
In a Nov. 26 legal opinion, a Fifth Circuit Appeals Court’s three-judge panel said the Office of Foreign Assets Control (OFAC) exceeded its authority in sanctioning Tornado Cash’s immutable smart contracts — reversing a lower court’s decision and granting the platform’s users a partial summary judgment.
https://cointelegraph.com/news/tornado-cash-smart-contracts-cant-sanctioned-appeals-court
Kraken will be shutting down its NFT marketplace
After Nov. 27, 2024, users will no longer be able to list, bid on or sell items on Kraken's NFT marketplace; they will only be able to withdraw assets.
The marketplace will completely shut down on Feb. 27, 2025.
https://www.theblock.co/post/328383/kraken-to-close-nft-marketplace-shift-focus-to-other-projects
Grayscale suite of crypto products provides exposure to digital assets: AAVE, AVAX, BAT, BCH, TAO, LINK, FIL, LPT, MKR, NEAR, SOL, STX, XLM, SUI, XRP, ZEC, LTC.
https://x.com/Grayscale/status/1861439891412058483
Mansa Finance partners with Clearpool to bring financing for cross-border payments companies to Ozean
Mansa Finance will deploy on Ozean’s Testnet in the coming weeks and on Ozean’s Mainnet once live.
https://x.com/clearpoolfin/status/1861394500704444744
Binance has announced the second project on Binance Airdrops Portal - Thena (THE), the DEX and liquidity layer built on BNB Chain and opBNB.
Users who subscribed their BNB to Simple Earn Flexible or Locked products from 2024-11-06 00:00 UTC to 2024-11-13 23:59 UTC will get the airdrop distribution.
Binance will then list THE at 2024-11-27 10:00 UTC and open trading with THE/BTC, THE/USDT, THE/BNB, THE/FDUSD and THE/TRY trading pairs.
https://www.binance.com/en/support/announcement/introducing-thena-the-on-binance-hodler-airdrops-subscribe-your-bnb-to-simple-earn-7c06e61804694408b3401e0a380f954f
Farcaster founder teases Frames v2 ahead of full launch in 2025
The initial new specification of Frames will launch on the web and mobile on Nov. 27, followed by an updated version with more features on Dec. 6.
https://cointelegraph.com/news/farcaster-founder-dan-romero-teases-frames-v2
Movement Network Foundation Reveals MOVE Tokenomics
Maximum Supply: 10,000,000,000 MOVE
Float: ~22%
▫️40% of MOVE tokens are reserved for Ecosystem, including the following:
- Staking Rewards
- Ecosystem Initiatives
- Incentives & Liquidity Provisioning
▫️10% of MOVE tokens will be distributed to the Movement Network community – through the MoveDrop and other initial claims activities.
▫️10% of MOVE tokens are reserved to support the ongoing operations of Movement Network Foundation.
▫️17.5% of MOVE tokens are reserved for Early Contributors of Movement Network.
▫️22.5% of MOVE tokens are reserved for Early Backers of Movement Network.
https://www.movementnetwork.xyz/article/movement-foundation-move-token
Justin Sun invested $30 million in World Liberty Financial
https://x.com/justinsuntron/status/1861121947372773545
Global ETF provider WisdomTree has registered in the state of Delaware for an XRP ETF.
Wisdom Tree has over $100 billion in assets under management.
https://x.com/EleanorTerrett/status/1861081346774310943
The crypto market is down
BTC Dominance - 56.92%
Market Cap - $3.29T
BTC - $94,690.16 (-2.92%)
ETH - $3,446.5 (+3.07%)
BNB - $644.09 (-1.56%)
SOL - $238.3 (-4.9%)
INJ - $27.6 (+0.57%)
TON - $6.23 (+2.4%)
SUI - $3.24 (-2.62%)
ZRO - $4.37 (+0.18%)
https://dropstab.com
Bitwise Asset Management announced that its Bitwise Onchain Solutions division will offer staking services on Starknet
https://bitwiseinvestments.com/newsroom/bitwise-onchain-solutions-to-offer-non-custodial-staking-for-starknet
MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per bitcoin
https://x.com/saylor/status/1861033309934862601