1. 🔬Follow-up opportunities
Bitget launches a new token distribution product LaunchX, debuting with project Fuel Network (FUEL).
2. ❇️DeFi
a. New projects in the past day
Bondle --- Launchpad (Shibarium, 0 million)
BBBPump --- Yield (XDC, 70,000)
GMS Vaults --- Yield Aggregator (Base, 0 million)
b. Project list
Project list: TVL > 5m & (7-day new | 24h TVL change > 10%)
c. Related projects
Lending protocol Aave has seen a sharp increase in lending activity on Ethereum, with net inflows rising to $500 million in the past week.
Floki: Will support the release of AI agent protocol BAD on the BNB Chain, with 35% of tokens airdropped to the Floki ecosystem.
Arkham Exchange points Season 2 is now online, and the claim date for Season 1 points will be announced soon.
3. 🌏Macro
CZ mentions related reports on 'Japanese lawmakers questioning dynamics of Bitcoin reserves in the U.S. and other countries.'
This year, Robinhood's nominal cryptocurrency trading volume reached $119 billion, with assets under custody totaling $38 billion.
Dongwu Securities: Expecting a 25bps rate cut by the Federal Reserve in December, with a more hawkish guidance.
Next week's macro outlook: The Federal Reserve's rate cut in December seems inevitable.
MicroStrategy's stock price has risen nearly 500% this year, possibly aiming to join the S&P 500 index next year.
In the past nine weeks, the U.S. stock market recorded a record inflow of $186 billion.
4. 🐳Whale movements
Trump family crypto project WLFI purchased over 500,000 ENA, spending a total of $44.41 million on five cryptocurrencies since the end of November.
Trump's address currently holds over $13.5 million in crypto assets, with TROG's holdings valued at $7.42 million.
ETH swing win rate of 85%; whales accumulated 78.82 billion PEPE in the past 14 hours, approximately worth $9.13 million.
Analysis: Bitcoin miners have sold over 140,000 BTC since December, valued at $13.72 billion.
A whale bought 1.99 million SPX in the past 11 hours, currently holding close to 3 million.
A giant whale deposited 3,689 ETH redeemed from ether.fi into OKX in the past 15 hours, valued at $14.2 million.
In the past week, 40,000 BTC flowed out of exchanges, valued at over $3.92 billion.
In the past 7 days, Coinbase Pro's Bitcoin wallet balance decreased by 16,697.52, and Binance decreased by 13,976.77.
Weekly token unlock: QAI unlocked tokens account for 5.2% of the circulating supply.
6. 📃Industry
a. NFT & GameFi & SocialFi & DID & DAO & Content Creation
a16z founder: Has begun developing Eliza v2, which will introduce a unified agent wallet, scalable general core framework, and other improvements.
Pudgy Penguins' parent company Abstract Chain will launch its mainnet in January next year.
Magic Eden co-founder: ME token is just the beginning, with more plans to follow.
In the past week, NFT sales reached $224.41 million, with Ethereum NFTs leading with over $119 million in sales.
OpenSea's foundation registration has sparked speculation about airdrops, with a new version expected to launch this month.
b. Exchanges/Wallets
Today's Fear and Greed Index has dropped to 80, still rated as extreme greed.
CZ: Binance holds a small stake in platform X.
c. Public Chain/L2
LBank's latest Launchpool project REVOX will start snapshotting today at 14:00.
e. Regulation
The Monetary Authority of Singapore has issued digital token service licenses to about 30 payment companies.
Sequoia Capital partner posts that excessive regulation in the U.S. stifles the U.S. economy, with 'crypto czar' David Sacks retweeting.
Ripple's Chief Legal Officer and industry figures support French Hill as the new chairman of the U.S. House Financial Services Committee.
f. Security
Dogecoin has been found to have a vulnerability 'Dogereaper' that can affect node structures.
Rapper Drake's X account is suspected to have been hacked and promoted Solana Meme coins, with trading volume reaching 5 million dollars at one point.
g. Others
European Banking Authority: 17% of EU banks plan to venture into tokenized deposits in the next two years.
7. 🔧Tools
8. 💡Opinion
In 2024, the growth of crypto developers will slow down, with Asia replacing North America as the region with the highest concentration of crypto developers.
BlackRock CEO: Truly believes that Bitcoin's underlying technology is excellent.
Analysis: Tokens related to narratives such as Meme, RWA, prediction markets, PolitiFi, AI, and Solana have outperformed Bitcoin this year.
Vitalik reflects: The optimal governance mechanism I once pursued is difficult to achieve.
Statistics: BlackRock IBIT, MSTR, and Grayscale GBTC currently rank among the top three in Bitcoin holdings.
Analysis: The number of addresses holding less than 1 BTC has reached 323,000, an increase of about 22% since Bitcoin rose from $61,000.
Greeks.live: Currently, ETF inflows are strong, and a bullish U.S. stock market may benefit cryptocurrencies.
Tim Beiko: Should define Shear Point for different levels of trustlessness to promote institutional adoption of Ethereum.
Murad: Meme coins with hardcore communities will dominate the market.
