VanEck Launches SUI ETN Product on Euronext Amsterdam and Paris
On November 13th, asset management company VanEck launched the SUI ETN product on the Amsterdam and Paris Pan-European exchanges, which allows investors to participate in the development of the Sui ecosystem without directly holding SUI tokens. The ETN product is currently available for trading in 15 European countries, including Austria, Switzerland, Germany, Denmark, Spain, Finland, France, and Italy. #ETH
Major US Banks Make $1.4 Billion Paper Profit from Bitcoin Futures, Despite Regulatory Restrictions
Although U.S. banks are not allowed to directly hold bitcoin, they have made significant gains from bitcoin futures, according to data from the Commodity Futures Exchange Commission. Wall Street banks began purchasing bitcoin futures a few weeks before the U.S. presidential election, with the brokerage units of big banks taking long positions amounting to $3 billion. The surge in activity in the crypto market may be due to expectations that the new crypto-friendly Trump administration will ease
Cardano Foundation Spends $23.7 Million Across Four Areas in 2023, Releases Financial Insights Repor
In 2023, the Cardano Foundation spent $23.7 million in four areas. As of December 31, 2023, Cardano had assets worth $478.24 million, with 82.5% in ADA, 10.1% in BTC, and the rest in USD liquidity. Since then, BTC has increased by 109%, while ADA has lost 9% of its value. The Cardano Foundation, a non-profit organization that supports the Cardano network, has released its first Financial Insights Report, which details its spending on operations, education, and adoption in 2023. #DYOR42711
Bitcoin's Volatility Could Surge Following Release of U.S. Inflation Report
Headline inflation year-over-year is expected to increase by 0.2% to 2.6%, marking the first year-on-year increase since March 2020. Bitcoin's 30-day implied volatility saw a spike up to 90% last week and may experience further volatility with the release of U.S. inflation data. The upcoming U.S. inflation report, set to be released on Wednesday, has the potential to disrupt the 48-hour period of calm in bitcoin price volatility. #BNB
Trump is about to return to the White House after four years and will meet with Biden
on Wednesday local time, US President-elect Trump will return to the White House for the first time since his chaotic departure four years ago. Prior to this, Trump nominated a series of important personnel, hoping to reshape the US government. Trump plans to meet with current President Biden in the Oval Office, which is a ceremony for peaceful transition of power in the United States, but Trump did not make this request to his successor Biden in 2020. The conversation between the two is full of
A mysterious whale with heavy holdings in Pnut, FRED, and OPK has made a profit of nearly $30 millio
According to on-chain analyst Ai Auntie's monitoring, the "mysterious whale who heavily invested in Pnut, FRED, and OPK with a cost of 15,140.85 SOL" has realized full profits for the tokens it has built positions in, with a floating profit of nearly 30 million US dollars. FRED and OPK have both turned losses into gains. #crypto2023A
South Korean Police Arrest 215 in $232 Million Cryptocurrency Investment Scam
South Korean police have arrested 215 individuals in connection with a cryptocurrency investment scam that allegedly defrauded victims of over $232 million between late 2021 and March 2023. The scheme was reportedly run by an unidentified YouTuber who convinced Koreans to invest in worthless tokens. Yonhap reported that the investigation is ongoing. #binancepizza
PNUT briefly broke through $1, setting a new all-time high
according to market data, PNUT has broken through $1 in a short time and is now trading at $1.045, reaching a historic high with a 24-hour increase of 121.41%. The market is volatile, please be prepared for risk control. #zachxbt
DeFi Technologies Establishes New Spin-off Company SolFi Technologies to Expand Shareholder Particip
DeFi Technologies has announced the establishment of a new company called SolFi Technologies, which focuses on allowing investors to directly access the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments. It is reported that the new company will introduce Solana financial strategies, using proprietary algorithms and innovative financing strategies to acquire, hold, and pledge Solana (SOL) tokens, and generate stable cash flow with higher
Bitlayer co-founder Kevin He: The Bitcoin community needs to innovate in governance
On November 13th, the Bitcoin Next Summit hosted by Bitlayer officially opened in Bangkok. The summit focused on the next upgrade of Bitcoin and BTCFi. Kevin He, the co-founder of Bitlayer, gave a speech on the theme of the next upgrade of Bitcoin, pointing out the urgent need for innovation in Bitcoin governance due to the difficulty of achieving consensus through the soft fork mechanism. He emphasized that in order to promote the sustainable development of Bitcoin, innovative governance method
The market value of Tether's stablecoin USDT exceeds 125 billion US dollars, setting a new record hi
the market value of Tether has exceeded $125 billion, currently reaching $125,238,185,518.71, continuing to hit a historic high. The total authorized issuance of USDT on the TON chain has reached $1,229,976,002.51, second only to Tron and Ethereum, surpassing Avalanche to become the third largest blockchain in terms of USDT issuance. #pepe
A whale earned $16.8 million in one week through Pnut and FRED
Lookonchain monitoring shows that a whale has made $16.8 million in just one week on Pnut and FRED. On November 6th, the whale spent 11,582 SOL tokens ($2.14 million) to buy 17.35 million Pnut tokens, with unrealized profits of $14.18 million; and spent 3,550 SOL tokens ($657,000) to buy 68.97 million FRED tokens, with unrealized profits of $2.65 million. #BNB
Farcaster Co-Creation: Snapchain Network to be launched in the first quarter of next year
Varun Srinivasan, the co-founder of Farcaster, has announced the priorities for Farcaster in 2025: to launch a new standard for building applications within the Farcaster framework in December 2024; to launch Snapchain in the first quarter of 2025. Snapchain is a new network design that can eliminate errors and increase throughput by 10 times or about 5000 TPS; provide smart wallet support for Farcaster accounts; provide better standards for developers; and Warpcast will run another retrospectiv
Venture capital funding in the crypto space fell to $1.7 billion in Q3, down 31.3% from the previous
Bloomberg reported that venture capital in the cryptocurrency field fell sharply in the third quarter before the election frenzy of US President-elect Trump revived industry sentiment. PitchBook data shows that in the three months ending September 30th, cryptocurrency startups attracted $1.7 billion in investment, a 31.3% decrease from the previous quarter. The number of transactions reached 392, a decrease of 25.3%. PitchBook senior analyst Robert Le wrote in the report, "We believe that this a
Ethereum researchers launch 'time machine' that allows cryptocurrency users to revert Ethereum trans
Vlad Zamfir, a researcher at Ethereum and co-founder of Smart Transaction (STXN), created a "time machine" that allows Ethereum users to reverse "smart contracts" on the blockchain, reducing the immutability of certain transactions. Smart contracts also allow users to set specific conditions for transaction time and execution. Similar to the way Gmail allows users to cancel sending emails, this feature will be supported on blockchains compatible with the Ethereum virtual machine. #BNB
according to market data, Ethereum fell below $3,200 with a 1.40% intraday decline. Bitcoin fell below $87,000 with a 1.09% intraday decline. #binancepizza
On November 13th, Musk responded with a "peanut" emoji when forwarding a post about useless government spending. Earlier today, Musk stated that "America was saved by a squirrel and meme coin." The squirrel referred to the internet-famous squirrel Peanut, which was euthanized by a US agency. #binancepizza
The 19.4 million PNUTs sold by a trader at a loss of $669 are now worth more than $17.5 million
Lookonchain has monitored a trader who lost $669 by selling 19.4 million PNUT coins, which are now worth over $17.5 million. The trader bought 19.4 million PNUT coins for 8 SOL (worth $1,366) and sold them for 4.08 SOL (worth $697) each. #bitcoin
4E: CPI data is about to be released, Trump's deal is on hold
On November 13th, it was announced that the US CPI report for October will be released soon. As the first major economic data after the election, it will clearly become a key factor affecting the future policy path of the Federal Reserve. Prior to the release of this important inflation data, the market's rapid rise has temporarily paused. According to 4E monitoring, the three major US stock indexes fell together on Tuesday. The Dow Jones fell 0.86%, the S&P 500 index and the Nasdaq bid farewell
Trump Nominates Pro-Bitcoin TV Host Pete Hegseth as US Secretary of Defense
Trump said he will nominate TV host Pete Hegseth (born on June 6, 1980) as the US Secretary of Defense. Hegseth graduated from Princeton University and has a graduate degree from Harvard University. He is a US Army veteran and has hosted Fox News for 8 years. Previously, Hegseth's comments on cryptocurrency include "Trump also makes Bitcoin great again" and "The value of Bitcoin lies in the absence of government control," and he said in Fox News that he would not sell Bitcoin. #pepe