Original author: Koala, Mars Finance
ai16z market value exceeds 300 million US dollars, setting a new record high
On November 16, according to GMGN market data, the market value of Solana's AI-driven VC DAO token ai16z exceeded $300 million, and is now reported at $320 million, with a 24-hour increase of 55%, setting a new record high. According to reports, ai16z is the first AI venture capital fund, which is fully managed by Marc AIndreessen and invests based on the recommendations of DAO members. The goal of the fund is not to create an AI that imitates a16z founder Marc Andreessen, but to defeat him and surpass him in the areas where he is best.
SLERF briefly broke through $0.35, with a 24-hour increase of 30%
SLERF briefly broke through $0.35 and is now at $0.349, up 30% in 24 hours. According to Mars Finance, Wintermute received $1.2 million worth of SLERF tokens from OKX, possibly acting as a market maker for the Meme coin project.
Bitcoin breaks through $91,000
The market shows that Bitcoin has broken through 91,000 and is currently trading at 91,110 U.S. dollars, with a daily increase of 2.94%.
Cathie Wood: Bitcoin will reach $1.5 million by 2030
ARK Invest CEO Cathie Wood predicted in an interview that Bitcoin will reach $1.5 million by 2030.
Spot Ethereum ETF weekly trading volume exceeded $1.63 billion, up 44% from the previous week
Four months after its launch, the weekly trading volume of the spot Ethereum ETF hit a new high, with trading volume exceeding $1.63 billion in the past week, an increase of 44% from the previous week. From mid-August to the end of October, the spot ETH ETF trading volume had declined and stagnated, averaging only $168 million per day. However, this number has soared in the past week, with an average daily trading volume of more than $326 million.
Musk's xAI raises $6 billion in financing and plans to purchase 100,000 Nvidia chips to enhance supercomputing center
Elon Musk's artificial intelligence company xAI has raised up to $6 billion at a $50 billion valuation, according to CNBC. Sources said the financing is expected to be completed early next week, with $5 billion coming from sovereign funds in the Middle East and $1 billion from other investors, some of whom may want to invest more. According to people familiar with the matter, the funds will be used to purchase 100,000 Nvidia (NVDA.O) chips to enhance the Memphis cloud cluster. Tesla's fully autonomous driving (FSD) is expected to rely on the new Memphis supercomputer.
Tether CEO: Plans to announce Hadron’s first public customer and product information next week
Tether CEO Paolo Ardoino posted on the X platform that he plans to release the first public customer and product information of the asset tokenization platform Hadron around the beginning of next week. Tether announced the launch of the asset tokenization platform Hadron by Tether yesterday, aiming to make asset tokenization more accessible than ever before, opening up new ways of issuing, investing and core capital market technologies for a wider audience (from institutions to fund managers, from governments to private companies).
It is reported that Hadron by Tether can be used to issue and manage the entire life cycle of digital tokenized assets, providing modularity, security, reliability and seamless user experience. In its control suite, the focus is on providing the most comprehensive toolset for compliance, knowing your customer (KYC), anti-money laundering (AML), knowing your transactions, risk management and secondary market ecosystem monitoring.
BlackRock IBIT's pre-market trading volume reached $143 million today, 35% of which were active buy orders
According to Trader T monitoring, BlackRock IBIT's pre-market trading volume today reached US$143 million, 35% of which were active buy orders and 47% were active sell orders.
PancakeSwap Launches Swap Bot on Telegram
According to the official announcement, PancakeSwap launched Swap Bot on Telegram, supporting the trading of BNB on-chain tokens through v2, v3 and Stableswap pools.
A 5-minute look at Binance’s latest Launchpool project, Usual (USUAL)
Usual Money is a newly launched stablecoin project supported by Binance, which has quickly attracted market attention. Its core mechanisms include stablecoin USD0, bond product USD0++ and governance token Usual, combining innovation with robust design. USD0 supports its value through diversified real-world assets (RWA), USD0++ provides enhanced returns, and Usual tokens are used for governance and income distribution. Usual Money solves the transparency and risk management issues of traditional stablecoins through transparent design and decentralized governance, showing great potential in the stablecoin market.
Amid $6.5B Real-World Asset Tokenization Craze, Tether Launches Hadron
Tether has launched the Hadron platform, which allows users to tokenize assets such as stocks, bonds, stablecoins, and loyalty points. The platform aims to simplify the asset tokenization process, provide full lifecycle management tools, and comply with KYC and AML regulations. The launch of Hadron coincides with the rise of the tokenization of real-world assets, and Tether hopes to improve the security and scalability of asset tokenization through its technology.
Scientific coin selection strategy: How to mine the next meme coin that may be listed on Binance and achieve a hundredfold return
Recently, Meme coins such as ACT and PNUT have skyrocketed after listing on Binance, attracting investors' attention. The rise of Meme coins is mainly affected by market liquidity, social media popularity and monetary policy. Investors can seize investment opportunities by analyzing Binance listing dynamics, social platform trends and using tools to screen potential projects. However, the Meme coin market is volatile and risky, so investors need to diversify their investments and pay close attention to market dynamics to avoid risks.
Japanese exchange Coincheck will be listed on Nasdaq. Will the Trump administration give the green light to more crypto companies' IPOs?
Japanese crypto exchange Coincheck plans to list on Nasdaq through SPAC, becoming the first Japanese crypto exchange to be listed on the market. The move has attracted market attention, especially in the context of the US regulatory environment becoming clearer due to policy changes by the Trump administration. ARK Invest is optimistic that this may open the door to IPOs for digital asset companies such as Circle and Kraken. At the same time, investment banks such as JPMorgan Chase and Goldman Sachs have begun to approach crypto companies, showing an increased interest in the field.