Tether minted #USDT continuously recently?

Just minted another 1 billion on Ethereum. Since November 6, Tether has minted 10 billion USDT on both Ethereum and Tron, giving $BTC another ATH boost.

But Tether CEO said right below that it hasn't been released yet.

$SLERF and $SCRT listed on Binance Futures

- SLERF: Meme on Sol with a market cap of 200 million USD
- SCRT: Privacy Blockchain project with a market cap of 100 million USD.

#Binance list all small cap coins, right criteria.

✍️ Create a Binance Account - Get 20% off trading fees: LINK ĐĂNG KÝ

Whale with 90x profit sent the first 4 million $OM ($15.41 million) to Binance.

Address: 0xd503fca5bdfe931a82a854a5a34b43369350105c

Previously, this whale withdrew 9.326 million $OM from Binance at an average price of only $0.04233 (estimated cost: $395k) on December 25 and 26, 2023, via wallet address:

0x54a7e7968ba9e5d8e05c1c4c9d8bf0b17e4d5fa6

Currently, this whale has an estimated total profit of $35.52 million (90x profit) with 5.326 million OM ($20.56 million) remaining on 2 wallets, including:

- 5.203 million OM (20 million USD) is held at address:
0xe17d116ade94e8f3f3219b6fa228f9dfcce97bc1
- 123K OM (476K USD) is held at address 0xd50 above.

Investor $ETH on Binance

The net flow of #Ethereum on Binance has recently shifted to a neutral state, indicating a balance between the amount of money deposited and withdrawn.

=> Indicates that there is currently no significant buying or selling pressure.

Therefore, at this moment, $ETH is in an accumulation phase, with investors maintaining their positions and waiting for a catalyst to decide to buy or sell.

OI is continuing to rise and is approaching an all-time high of #Binance .

$SUI surged to ATH 3.92$

- 24h Volume: 2 billion USD.
- TVL: 1.6 billion USD.

There are many reasons for this.

SUI escaped the downtrend with the integration of USDC and CCTP and the launch of Grayscale Sui Trust -> This might be the starting point for the price increase.

Sui has recently been popular due to:

- Generous airdrop: Encouraging participation and increasing trading volume.
- Memecoin with the ability to create hype, attract investment, while also providing mutual benefits for both the memecoin and the Sui network.
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Ecosystem:

TVL:
- Q2: TVL reached 592 million USD.
- Q3: TVL increased to 1 billion USD, surpassing the 1 billion USD mark for the first time.

Projects:
- $CETUS : Top DEX on Sui. Listed on Binance, so it should increase in price significantly.
- $NAVX: Leading defi protocol. It offers borrowing and lending services for cryptocurrencies. Tokens can be used as collateral to borrow other assets on Navi Protocol.
- $SSWP: Also a DEX. Provides swaps and yield farming, low fees.
- $TURBOS: Yield aggregator with the highest returns.
- And Suilend. Has everyone received the airdrop of Suilend's $SEND?

Memecoin:
- $HIPPO, $FUD, $BLUB... The HIPPO has been listed on Binance and the mentioned coins all have 24h volume over 1 million USD.

Alameda Research has conducted the sale of 41,721,683,736 in the next round in November

Alameda Research just sent 143,770 WLD (327k USD) to 66,297,868,500

Overall, Alameda has sent a total of 2.424 million WLD (4.4 million USD) to Binance in 16 small batches including 205,386 WLD or 143,770 WLD, mainly the latter, weekly since 09/08/2024, to repay debts to creditors. The average price at which Alameda sold was $1.815.

Currently, Alameda Research still holds 22.58 million WLD (51.47 million USD) and it may take more than 3 years to liquidate all of these remaining tokens.

Below is the portfolio of Alameda

Calculating each solana meme, $BONK currently has the largest market capitalization, far surpassing $WIF in second place by 1 billion USD in market capitalization

The SOL/BTC ratio increased by more than 1% last week, escaping a narrow price range, known as a triangle consolidation in technical analysis.

Whether #Solana will eventually replace #Ethereum as the leading smart contract blockchain remains a contentious topic.

The moving average convergence/divergence (MACD) histogram, an indicator used to determine the strength and change of a trend, has crossed above 0, indicating new bullish momentum.

$SOL

$BLUR has unlocked 41.89 million tokens ($10.72 million) in November 2024

Blur just a few hours ago unlocked 41.89 million $BLUR and will soon transfer them to Coinbase for distribution.

Since BLUR began its token unlock cycle on June 15, 2023, a total of 915.177 million $BLUR , accounting for 30.5% of the total BLUR supply, has been unlocked and transferred to Coinbase Prime for monthly distribution.

Based on the value of BLUR at the time of unlock, this amount of BLUR is valued at $311.4 million.

The current Token lockup contract address still holds 539.82M BLUR ($136 million).

The Importance of Binance

First, just sign up for a Binance account: LINK ĐĂNG KÝ

CEO @Richard Teng stated that the exchange #Binance has reached the milestone of 240 million registered users. Binance is increasingly playing a significant role in shaping the cryptocurrency market.

Since the approval of the Bitcoin Spot ETF in January, many have shifted their focus to the BTC ETF capital flow. Coinbase significantly affects Bitcoin prices, but the spot trading volume on Binance shows that Binance remains a key player in the market.

Comparing the Bitcoin cycles of 2020 and 2023:

2020:
- Coinbase spot volume: 2 -> 3 billion USD.
- Binance spot volume: 5 -> 7 billion USD.

2023:
- Coinbase spot volume: 3 -> 4 billion USD.
- Binance spot volume: 10 -> 20 billion USD.

The volume gap has widened significantly, leaving Coinbase behind, affirming Binance's influence.

#USDT netflow reached 1.8 billion USD

1.8 billion USDT has been transferred to exchanges, marking a new record high.

When a large amount of stablecoin is transferred to exchanges, it means there is high purchasing power waiting to enter the market. It can buy #BTC or #Altcoin

Now it seems that the purchase of #BTC by MicroStrategy is no longer a bearish indicator.

At this point, buying in is also considered a light DCA by Michael Saylor. He also stated that the purchase transaction of #BTC today is "the largest purchase #Bitcoin ever made."

The number of Bitcoins held by MicroStrategy currently stands at 331,200 BTC. The company purchased at an average price of 49,874 USD for each Bitcoin.

Metaplanet will issue a one-year bond to fund the purchase of #Bitcoin

#Metaplanet known as "Asia's MicroStrategy" because the company's strategy is very similar to MicroStrategy, which is to accumulate as much #BTC as possible.

CEO #Starknet plans to quadruple the number of transactions per second (TPS) and reduce transaction fees by 5 times within the next 3 months.

The CEO shared the above information and further confirmed that Starknet is capable of processing more than 200 transactions per second (TPS) in a short period of time, and reached a record average of 129 TPS on October 29.

In addition, Starknet has peaked at 857 TPS in a controlled, rigorous test.

Regarding transaction fees, Starknet maintains very low fees with an average value of only $0.002.

All information almost confirms that Starknet is testing and boosting the network's processing capacity in specific situations, which is commendable.

What is not commendable is when will $STRK pump?

Crypto Events of the Week (11/18 - 11/24)

🔜11/18
- $ROSE unlocks $14 million worth of tokens.

🔜11/19
- $USUAL listed on #Binance Pre-Market.

- $ZFI first token listing.

- $APT launches world's first Aptos Staking ETP on Six Swiss Exchange.

- Bitfinity Network's Layer 2 Mainnet launched.

🔜11/20
- $PNDR TGE
- $MICRO first listing.
- $DEAI Zero1 Labs to unveil its v2 token vision

🔜November 21
- Illuvium: Beyond Wave 3 launch.

- $LSK launches 10M token airdrop campaign.

- $UFT launches UniLend's Numa network.

🔜November 22
-#G3GAM3 Awards event.

- $MEMEFI first listing
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Some events with unknown dates:

- Chairman #SEC Gary Gensler may be stepping down soon according to a recent letter.

- $GOAT Truth Terminal roadmap (the project behind memecoin GOAT) to be announced

- $ENA Two new CEX collateral listings for USDe to be announced + ENA fee conversion proposal just passed
- Hyperliquid's $HYPE Token rumored to launch this month.

$BTC closed the weekly candle at $89,900:

- Last week, 16683 $BTC were withdrawn from the exchange
- Net flow #ETF Bitcoin last week reached $1.67 billion, up $0.04 billion compared to the previous week.

Multicoin Capital immediately deposited $CYBER to #Binance immediately after receiving tokens from the project through GSR Markets.

The number $CYBER deposited to the exchange is 416,667 tokens (~1.44 million USD).

About 1 day ago, the Cyber ​​side distributed 2.046 million CYBER (7.16 million USD) to 51 investor addresses. Among them, Multicoin Capital received the largest amount.

Other notable recipients include: Draper Dragon, Spartan Group

This year really mentions very little $OM but this year it has increased 96 times, just ATH, becoming the project in the #RWA category with the largest market capitalization: 2.2 billion USD.

All this happened after:

- #Mantra Chain mainnet launch
- CEO & Co-Founder participated in speaking at Binance Blockchain Week
- After MANTRA tokenized 500 million USD of real estate assets for MAG Group in UAE
- After MANTRA and Libre collaborated to bring investment opportunities to BlackRock's money market funds via blockchain.

The last partners are perhaps the most recent news that has helped $OM gain popularity because:

- Libre deploys RWA funds on blockchains like Solana, Near, and Aptos.

- The partnership opens up access to other leading funds, including hedge funds and private credit funds.

- ....

President Trump wants to eliminate the Capital Gains Tax on cryptocurrencies issued by US companies.

* Capital Gains Tax is a tax assessed on the positive difference between the selling price of an asset and its original purchase price.

If this policy is implemented, Americans will not have to pay taxes on profits from holding crypto assets such as $ADA , $ALGO , $XRP and $HBAR

However, there will also be a process to allow foreign companies to relocate to the US to benefit from this regulation. This is part of the Trump administration's strategy to make the US the leading center for cryptocurrencies.

If this policy is implemented, US-originated cryptocurrencies will become an attractive investment for Americans, as they will not have to pay up to 37% tax on profits.

This morning $STRK just unlocked 64 million tokens to the market with a value of 28 million USD.

This amount is ~3.05% of the circulating supply, coincidentally, when $STRK unlocked the token, the market adjusted, so the last 3 times it was unlocked, the price adjusted again.

On November 26, #Starknet launched the staking feature.