According to ChainCatcher, Meme coin KOL Murad posted in Chinese on the X platform, "Chinese cryptocurrency investors should join Western investors in this Memecoin cycle. In my opinion, the strongest Meme coin will still rise 100 to 200 times."
According to ChainCatcher, Spot On Chain monitoring showed that a whale created a new wallet 25 hours ago and has withdrawn 499.96 BTC (about 48.94 million US dollars) from Binance at an average price of 97,888 US dollars.
HOT Labs receives $500,000 from TON Foundation to create TON Memecoin platform
According to ChainCatcher, the TON Foundation has awarded a $500,000 grant to blockchain developer HOT Labs. The funds will be used to create a platform for deploying and running memecoin on TON.
HOT Labs is one of the first recipients of TON Foundation funding. After the project receives $500,000 in funding, the grantee is required to set KPIs, submit a project progress report every two weeks, and provide regular project updates. The TON Memecoin Working Group will support grantees including HOT Labs by leading and promoting marketing and business development efforts.
According to ChainCatcher, Mohannad Aama, portfolio manager at Beam Capital Management, said that the current higher bond yields can be said to increase market risks.
However, neither stocks nor Bitcoin have succumbed to the pressure of rising borrowing costs, but have been taking advantage of investors' enthusiasm for the "Trump deal". The "downside" is that this will make the pricing of both Bitcoin and stocks perfect.
If corporate earnings do not meet investor expectations, or Trump does not fulfill his promise to establish a national Bitcoin reserve, these two markets may be in trouble.
Andrew Kang: BLUR is a good choice, the NFT market will make a comeback
According to ChainCatcher, Andrew Kang, partner of Mechanism Capital, posted on social media: “If you believe that the market will rise sharply from now on and will overheat, then you must believe that the NFT market will make a comeback and become a way for people to show off digitally.
Memecoin has indeed sucked away some of the speculative energy from the NFT market, but those who still hold NFTs are not in a rush to sell. There is almost no supply on the market, so only a small wave of enthusiasm is needed to re-ignite momentum.
Azuki’s upcoming launch of AnimeCoin and possible similar moves by other top projects could serve as catalysts.
“Long-termism diamond hands” VS “short-term FOMO paper hands”: Who will win?
1. Cryptocurrency Casino Theory: Luck or Skill, the Road to Success Does Not Lie in Difficulty
Whether any game is gambling or not ultimately depends on proving a fundamental question: Is it a "luck game" or a "skill game"? Undoubtedly, in the early days of the cryptocurrency world, luck played a large role. As long as you dared to rush, you could win. The cryptocurrency world gave generous rewards to the brave explorers in the early days. With the development of the industry, we see that the wealth myths in the cryptocurrency world still emerge from time to time, but the chances of winning by luck alone are getting smaller and smaller. We have seen many stories of getting rich overnight, and we have also witnessed many tragedies of going from zero to zero in a second.
According to ChainCatcher, Starknet published a post on X saying that the core infrastructure for STRK staking has been deployed to the Starknet mainnet. The Validator tool is now in use, and users who hold at least 20,000 STRK tokens and run a full node can become a Validator.
The UI and DApp for Delegators will be launched when the official release is released tomorrow.
ChainCatcher News, Dr. Yip Chi Hang, Executive Director of the Intermediaries Division of the Hong Kong Securities and Futures Commission, stated that virtual assets have now become the top agenda for every financial regulatory authority.
Hong Kong currently has three licensed virtual asset trading platforms, and is processing applications for 15 other platforms. Investors can expect more licensed platforms to comply with the Securities and Futures Commission's robust investor protection measures.
Data: 6 Hong Kong virtual asset ETFs traded approximately 41.38 million Hong Kong dollars today.
ChainCatcher news, Hong Kong stock market data shows that as of the close, today's trading volume for 6 Hong Kong virtual asset ETFs is about 41.38 million Hong Kong dollars.
Among them:
HuaXia Bitcoin ETF (3042.HK) traded for 28.44 million Hong Kong dollars;
HuaXia Ethereum ETF (3046.HK) traded for 3.99 million Hong Kong dollars;
JiaShi Bitcoin ETF (3439.HK) traded for 3.46 million Hong Kong dollars;
JiaShi Ethereum ETF (3179.HK) traded for 0.8137 million Hong Kong dollars;
Bosera HashKey Bitcoin ETF (3008.HK) traded for 3.22 million Hong Kong dollars;
Bosera HashKey Ethereum ETF (3009.HK) traded for 1.46 million Hong Kong dollars.
ChainCatcher news, reported by Blockworks, Bitcoin infrastructure technology company Blockstream announced the appointment of hedge fund veteran Sean Bill as Chief Investment Officer (CIO), responsible for leading the newly established asset management department.
Bill previously served as CIO of Prime Meridian Capital Management. It is reported that Blockstream is developing two new products: a Bitcoin yield fund and a dollar yield fund, the former providing money market fund features for BTC holders, and the latter offering Bitcoin collateral loan yield opportunities.
ChainCatcher news, according to monitoring by Lookonchain, a certain address earned over 1.5 million USD in profit from trading FRIC within 1 hour. The address spent 25 SOL (approximately 6300 USD) to purchase 297 million FRIC (accounting for 29.7% of the total supply), and then sold 258 million FRIC, gaining 4693 SOL (approximately 1.18 million USD), and still holds 39 million FRIC (approximately 380,000 USD).
The latest interview with the founder of Pump.Science: After RIF and URO, what is the next DeSci+ meme?
Original interview: The Thread Guy; Guests: Benjels, co-founder of pump.science and member of molecule; Original translation: zhouzhou, BlockBeats
Editor's note: This interview invited Benjels, co-founder of pump.science. The support of CZ and Vitalik brought a lot of heat to desci at the Bangkok event. The interview discussed the innovation brought by DeSci and the future development direction, and mentioned the practical significance of promoting the development of medical and longevity technologies by raising experimental funds through token transactions. At the same time, Benjels also brought new Alpha information, saying that pump.science will launch nearly 20 new experimental tokens around Christmas.
ChainCatcher news, according to Solana Floor disclosure, the monthly trading volume on Solana DEX has surpassed 100 billion USD for the first time, currently reported at 109.78 billion USD.
ChainCatcher news, according to Onchain Lens monitoring, a certain whale transferred 1.953 million SAND to Coinbase, worth 1.48 million USD. This whale has been continuously accumulating SAND for 1 month, with a total value of about 484,000 USD, and if sold, would make a profit of about 1 million USD.
Singapore's Gulf Bank seeks to raise at least $50 million and plans to acquire a stablecoin payment company next year
ChainCatcher reported that according to Bloomberg, people familiar with the matter revealed that Singapore's Gulf Bank is seeking to raise at least US$50 million and plans to acquire a stablecoin payment company next year.
The start-up bank, founded by Singaporean family office Whampoa Group and licensed in Bahrain since February, is in talks with Middle Eastern sovereign wealth funds and other investors to sell a stake of less than 10% by early 2025.
The proceeds will be used primarily to accelerate product development, enhance the bank’s payment network and hire more employees, the people said. Gulf Bank plans to acquire a stablecoin payment company in the Middle East or Europe in the first quarter, they said. A spokesman for the bank declined to comment on the financing, valuation or acquisition plans.
ChainCatcher message, Barrick Gold CEO stated: "The volatility of cryptocurrencies is significant and is indeed affected by the elections. However, I do not believe it has the same fundamentals as gold. When you examine the global monetary system, fiat currencies, and the debts we face, you will find that many large global investors have already begun to liquidate some of their investments and shift their funds."
Arthur Hayes Podcast Transcript: Cashing Out When It's Time, Bitcoin Reaching $250,000 by the End of 2025
Compiled by: Wu Says Blockchain
In a recent interview on the podcast Alpha First, Arthur Hayes shared his bold predictions for the future of the cryptocurrency market. He believes that with the potential rise of the Trump administration, the US's loose monetary policy will lead to a depreciation of the dollar, subsequently driving up the prices of Bitcoin and other crypto assets. He also discussed global inflation, the monetary policies of sovereign nations, and how to enable Bitcoin and other crypto assets like meme coins to benefit. He emphasized that investors need to stay vigilant in a bull market to avoid neglecting market risks due to greed. Furthermore, he forecasted future market trends and predicted that Bitcoin could reach a milestone of $250,000 by 2025.
ChainCatcher news, ECB board member Kazaks said in a television interview with Latvian Public Broadcasting Corporation on Monday that the ECB should cut interest rates next month. He said, "Of course there will be discussions, but I firmly believe that judging by the current situation of the European economy, interest rates must be cut again in December." The ECB has cut interest rates three times and is expected to cut interest rates again next month. PMI data released last Friday showed an unexpected contraction in the eurozone private sector economy, and the market is betting that the bank may further cut interest rates by 50 basis points. However, data released later this week is expected to show that inflation in November will be higher than the 2% target set by the ECB.
ChainCatcher message, South Korea's Financial Services Commission Chairman Kim Byung-hwan recently stated: "The price of virtual assets has risen significantly in the short term, and the volatility of the market itself is also high, so the government needs to closely monitor and focus on whether there are any abnormal transactions in virtual assets." The Financial Supervisory Service plans to check the operational status of the abnormal transaction monitoring system for virtual asset exchanges in the near future.
Regarding the fact that the trading volume of the virtual asset market has exceeded that of the stock market, he stated: "If we look at both markets, funds should flow into the stock market."
He further added: "We all recognize that the stock market is very important for the positive cycle of our economy, but because there are doubts about the positive impact of virtual assets on the real economy, it is necessary to study the situation where its trading volume remains high."