Original author: Koala, Mars Finance.
BTC fell below $88,000.
According to Coingecko data, BTC has fallen below $88,000, currently priced at $87,500, with a 24-hour increase of 8.66%.
Aave Labs and Lens's parent company Avara launched the crypto wallet Family Wallet.
On November 12, according to CoinDesk, Aave Labs and Lens's parent company Avara announced the launch of Family Wallet. The team describes it as a 'secure, user-friendly crypto wallet for everyone,' offering features such as in-app messaging, NFT support, DeFi integration, and advanced security. About a year ago, Aave Companies acquired the development team behind Family, Los Feliz Engineering, and rebranded it as Avara.
Since Donald Trump won the election, Bitcoin has risen by 21%
Since Donald Trump won the election, Bitcoin has risen by 21%.
Brevis Network completed a $7.5 million seed round financing, co-led by Binance Labs and Polychain Capital.
Brevis Network completed $7.5 million in seed round financing, co-led by Polychain Capital and Binance Labs, with participation from IOSG Ventures, Nomad Capital, Bankless Ventures, Hashkey, and others. Brevis is described as a ZK co-processor or computational network designed to enhance blockchain scalability through ZK proofs. By processing complex tasks like data handling off-chain and sending only verified proofs back to the blockchain, Brevis aims to reduce the blockchain's workload, improve speed, and lower costs.
MEW's market capitalization has surpassed $1 billion, reaching an all-time high.
Market data shows that the market capitalization of cat in a dogs world (MEW) has surpassed $1 billion, currently priced at $0.0113, with a 24-hour increase of 7.23%, reaching an all-time high.
The total market capitalization of cryptocurrencies has surpassed $3 trillion, with BTC accounting for 55.8%.
CoinGecko data indicates that the total market capitalization of cryptocurrencies has exceeded $3 trillion, currently reaching $3,000,204,783,320, with Bitcoin's market capitalization accounting for about 55.8%; Ethereum's market capitalization accounts for about 13.1%.
The value of the Bitcoin holdings by the government of Bhutan has surpassed $1 billion.
According to Arkham monitoring, the government of Bhutan holds 12,568 Bitcoins worth over $1 billion.
DOGE, ADA, and SHIB have surged over 20% more than Bitcoin in the past week, rising approximately 80%, 85%, and 50%, respectively.
According to The Block, due to reduced regulatory uncertainty after the U.S. elections, Dogecoin (DOGE), Cardano (ADA), and Shiba Inu (SHIB) performed strongly in the past week, rising approximately 80%, 85%, and 50%, respectively, surpassing Bitcoin's (BTC) 20% increase. Analysts indicate that following Trump's victory, the new government may take a more lenient approach to crypto regulation, especially towards meme coins like DOGE and SHIB that previously faced regulatory pressure. Bitwise Europe reports that Bitcoin whales have recently started to re-accumulate BTC, with a net outflow of 17,400 BTC, while Bitcoin miners' exchange activity is low, alleviating selling pressure. Additionally, the funding rate for Bitcoin perpetual contracts has reached its highest point since March 2024, reflecting strong bullish sentiment in the market.
StakeStone completed $22 million in financing, led by Polychain Capital.
According to Bitcoin.com, StakeStone announced the successful completion of a $22 million financing round, led by Polychain Capital. This financing includes strategic investments from Binance Labs and OKX Ventures, seed round financing led by SevenX, and participation from Nomad Capital, HashKey Capital, and others. StakeStone aims to build stable yield liquid ETH and BTC products and plans to launch new payment products to promote the practical application of cryptocurrencies.
Bitcoin surpasses $87,000: veteran traders predict Bitcoin may break $200,000.
Bitcoin's price rose by 4.5% on November 11, surpassing $84,000, with bullish market sentiments high. Analysts believe that short-sellers will boost the price, while some traders predict that Bitcoin may undergo a significant correction. MicroStrategy increased its Bitcoin holdings, and strong demand for spot Bitcoin ETFs has further pushed prices up. Veteran trader Peter Brandt believes Bitcoin is expected to break through $200,000.
Solana has joined the $100 billion club, with a price surpassing $210, reaching a nearly three-year high.
Analysts point out that Solana (SOL) is showing strong momentum after eight months of consolidation, potentially reaching an all-time high of $260 in the coming days. SOL has recently risen by 34%, with a market capitalization surpassing $100 billion, making it the fourth largest cryptocurrency after Bitcoin, Ethereum, and Tether. Solana's recovery is attributed to the revival of decentralized finance activities and retail user favor. The market is optimistic about the Trump administration potentially approving a Solana ETF, further driving up SOL prices. Analysts predict that SOL may set new highs in the coming weeks.
The crypto war spans 33 years: beginning with Biden, ending with Biden.
This article discusses the journey from the development of the DES algorithm by IBM in 1975 to the global triumph of encryption technology in 2024. President Biden reflected on the ongoing 'crypto war' lasting over thirty years at the end of his term, from the introduction of Bill S.266, the rise of the cypherpunk movement, to the birth and development of Bitcoin and digital currencies, ultimately leading to encryption technology becoming the infrastructure of the digital age, changing the course of human civilization.
Binance lists ACT and PNUT: prices surged over 10 times in half an hour, is it a sweet deal or precise harvesting?
Binance announced the listing of two Meme coins, ACT and PNUT, sparking a market frenzy. ACT's price skyrocketed 16 times within half an hour, while PNUT tripled in one hour. The ACT project aims to decentralize AI knowledge sharing, but the founder's exit has led to community self-rescue efforts. PNUT rapidly rose, leveraging the viral squirrel incident and the sentiment surrounding the U.S. elections. Despite the short-term price surge, significant risks lurk behind, raising user concerns about Binance's listing strategy. In the future, exchanges need to find a balance between transparency and regulation, and investors should respond rationally to market fluctuations.
