🔍 In the crypto world, Bitcoin (BTC) and Ethereum (ETH) started this week with losses. While BTC struggled at the $100,000 level, Amazon shareholders' call to invest in Bitcoin is drawing attention. 📉

- BTC's "value days destroyed" (VDD) indicator indicates that old coins are being sold. This usually indicates the end of a bull market.
- ETH lost more value than BTC, but the DeFi sector is on the rise. DeFi's market cap increased by 28% to $151.9 billion.

Do you think these trends will continue? Share your thoughts in the comments! 💬

🚀 The Movement is Starting! 🚀

- Ethereum Layer-2 network Movement is built using MoveVM and will launch the MOVE token on Monday.
- MOVE will be listed on Binance’s airdrop portal and will be available on South Korea’s leading exchanges Upbit and Bithumb.
- Movement Labs raised $38 million led by Polychain Capital.
- Total MOVE supply is 10 billion; 10% reserved for early adopters and the community.
- You can claim the airdrop on Ethereum or wait for a 25% bonus on the Move network.

Share your thoughts in the comments! 💬

Bitcoin started the week with a decline! 📉 BTC, which briefly exceeded the $ 100,000 level in the European morning hours, lost 2%. This decline caused major cryptocurrencies such as XRP, DOGE and SOL to lose up to 5.5%. ADA suffered the biggest loss of 7%, which came after the temporary seizure of the Cardano Foundation's X account.

- A total of $ 300 million worth of long positions were liquidated.
- The largest liquidation on Binance: $ 5.53 million DOGE transaction.
- QCP Capital predicts the market will remain in a narrow range until 2025.

Share your views in the comments! 💬

Bitcoin and XRP investors, beware! 🚀

- Bitcoin is trading at record highs close to $100,000. It is important to determine resistance levels at these new highs.
- On Deribit, the $120,000 BTC option is the most popular contract, with $1.93 billion in open interest.
- XRP is trading at $2.44. The $2.8 option draws attention with $2 million in open interest.

What do you think will be the next targets for Bitcoin and XRP? Share your thoughts in the comments! 💬

Radiant Capital, the DeFi protocol, attributed a $50 million attack in October to North Korean hackers. 📉

- The attack began in mid-September with a fake Telegram message. The message came from a threat actor posing as a former contractor.
- The message mentioned a new career opportunity in smart contract auditing and asked for feedback. The file in the message contained malware.
- The hackers gained access to the computers and obtained several private keys.

What do you think about these types of attacks? Let’s discuss them in the comments! 💬

Amazon shareholders suggest the company should diversify its reserves with Bitcoin! 💡 Shareholders considering following MicroStrategy’s lead want Amazon to invest in Bitcoin to increase shareholder value in the long term.

- Bitcoin has surged 134% this year to over $100,000.
- MicroStrategy shares are up more than 500%.
- Amazon’s $585 billion in assets do not include Bitcoin.

Do you think Amazon should invest in Bitcoin? Share your thoughts in the comments! 💬

Amazon shareholders are suggesting that the company invest in Bitcoin to protect its reserves against inflation and increase shareholder value. 🎯 Following MicroStrategy’s lead, it is stated that Amazon should invest 5% of its assets in Bitcoin. Bitcoin has increased by 134% this year and has exceeded $100,000. Compared to Amazon’s 49% increase, MicroStrategy shares have increased by more than 500%. Do you think Amazon should invest in Bitcoin? Share your views in the comments! 💬

The US Financial Stability Oversight Council (FSOC) has highlighted the potential risks that stablecoins and digital assets pose to the financial system in its 2024 report. The absence of federal regulation for stablecoins could threaten financial stability. The FSOC is calling on Congress to take action. 📊

Tether’s USDT accounts for 70% of the global stablecoin market. This, combined with market concentration and transparency issues, increases the risks.

How risky do you think stablecoins are to the financial system? Share your thoughts in the comments! 💬

There was some good news for crypto users this Thanksgiving! 🎉 The Fifth Circuit Court ruled that the Treasury Department exceeded its authority in placing Tornado Cash software on the sanctions list. The court said that the software could not be considered “property.” This decision made a big impact in the crypto world. 📈

How do you think this decision will affect the crypto market? Share your thoughts in the comments! 💬

This morning, documents released as a result of a lawsuit filed by Coinbase revealed the U.S. government’s efforts to block banking services for the crypto industry. The FDIC sent 23 letters to banks demanding they stop trading in crypto assets. The documents prove that the crypto industry has long suspected that “Operation Chokepoint 2.0” is real. 💼💡

What do you think of these developments? Let’s discuss in the comments! 👇

Bitcoin hits $100,000! 🚀 A major milestone in the crypto world. However, there is another topic that my friends are interested in: Hawk Tuah coin. This memecoin, launched by Haliey Welch, quickly reached $500 million but then fell below $30 million. It was in the news with insider trading allegations and high swap tax.

Do you think memecoins are reliable? Let's meet in the comments! 💬

What do you think about this historic rise of Bitcoin? How do projects like Hawk Tuah affect the image of the crypto world? Share your opinions!

🚨 Solana's memecoin platform Pump.fun has closed access to crypto investors in the UK! The reason? "Laws and regulations."

- The UK's Financial Conduct Authority said the platform was offering permissionless financial services.
- Pump.fun was the go-to address for memecoins on the Solana blockchain and hosted massive projects like PNUT and WIF.
- The founders raised $250 million developing the app in the UK.

Share your thoughts on this development in the comments! 💬

🚀 Ethereum (ETH) price has risen above $4,000 for the first time since March! It’s up 2.4% in the last 24 hours and 8.4% in the last seven days. This rally comes on the back of record inflows into spot ether ETFs. 📈

- ETH is currently trading at $4,033, just 2% away from hitting a new high in 2024.

- The ETH/BTC ratio has reached 0.04.

- The ether price on Coinbase is higher than Binance, indicating demand in the US.

Active addresses on the Ethereum network are increasing, which is constraining the supply of ether, supporting the price. Share your thoughts in the comments! 💬

The latest on the CoinDesk 20 Index! 📉

- The index is at 3830.63, down 0.2%.
- 6 out of 20 assets are up.
- Leaders: UNI up 7.7%, RENDER up 5.8%. 🚀
- Laggards: DOT down 5.1%, LTC down 3.8%.

CoinDesk 20 is a broad-based index traded on many platforms around the world. What do you think about these fluctuations in the market? Let's meet in the comments! 💬

🔍 In 2022, US banks’ crypto activities were shut down by the Federal Deposit Insurance Corporation (FDIC). Coinbase’s research firm History Associates Inc. gained access to the FDIC’s internal memos and revealed that banking services for the crypto sector were being blocked.

- The FDIC advised banks to stop activities related to crypto assets.
- Coinbase Legal Director Paul Grewal stated that these documents prove that crypto businesses are being systematically deprived of banking services.

💬 How do you think this will affect the crypto sector? Let’s meet in the comments!

The Bitcoin market was on fire as bulls pushed prices above $103,000, but bears quickly pulled back, sending prices down to $91,000. We’re currently trading around $98,000. This volatility has calmed the overheated market somewhat, and $1 billion worth of leveraged crypto futures have been liquidated.

Spot Bitcoin ETFs saw net inflows of $766 million despite the chaos. However, the ProShares Ultra Short Bitcoin ETF also saw $7 million inflows, indicating that bears are also on the scene.

The US nonfarm payrolls data could affect crypto prices. Which way do you think the market will go? Let’s discuss in the comments! 📉📈

Record inflows to Ethereum and Bitcoin ETFs! 🚀

- In the last 5 days, there has been a net inflow of $800 million into US spot ether ETFs. BlackRock's ETHA leads the way with $292.7 million.
- Ethereum has increased by 60% in the last month, reaching $3,900.
- Bitcoin ETFs did not sit idle either; BlackRock's IBIT broke a record with a net inflow of $770.5 million.
- IBIT has exceeded $50 billion this year and raised $2.5 billion in the last 5 days.

What do you think about these developments? Let's meet in the comments! 💬

🚀 Bitcoin surpassed $100,000 this week, reaching an all-time high! Riding on the US election wind, BTC gained momentum after digital asset enthusiast Paul Atkins was nominated as SEC chairman. It’s currently trading around $98,500.

- ETF flows and rising adoption are supporting Bitcoin.
- Loose financial conditions and resilient growth are positive for crypto.
- New regulations could be on the way for broader use cases.

What do you think about the future of Bitcoin? Let’s meet in the comments! 💬

Bitcoin and Ethereum futures have seen liquidations exceeding $1 billion in the last 24 hours. 📉

- Bitcoin fell from $103,000 to $92,000. BTC futures saw $500 million in liquidations.
- Ethereum futures saw $85 million in liquidations.
- Over 156,000 investors were liquidated in total, 89% of whom were bullish.
- Dogecoin and XRP futures also lost $50 million.

The crypto fear and greed index fell to the "greed" level. 💡 Share your thoughts in the comments!

🐧 Pudgy Penguins, the colorful birds of the NFT world, are now stepping into the cryptocurrency world! This year, they will launch the $PENGU token on the Solana blockchain.

- 23.5% of the $88 billion PENGU tokens will be reserved for Pudgy Penguins collection owners.
- 22.02% will be offered to the Solana and Ethereum communities.
- 12.32% will be used to provide liquidity on decentralized exchanges.

Pudgy Penguins is one of the rare collectibles that has maintained its cultural significance despite the NFT crash. What do you think about this new development? Let's meet in the comments! 💬