Author: Deep Tide TechFlow
Market dynamics from yesterday
Cboe submits applications for 4 Solana spot ETFs to the SEC
On November 22, Bloomberg senior ETF analyst James Seyffart posted on X platform that 'Cboe has just submitted applications for 4 Solana spot ETFs to the SEC, with issuers including VanEck, 21Shares, Canary Capital, and Bitwise. If the SEC does not reject the above document applications, the final deadline is around early August next year.'
SEC Chairman Gary Gensler will leave office on January 20
On November 22, according to official news, SEC Chairman Gary Gensler will leave office on January 20.
The official announcement mentioned that in the last full fiscal year, although the cryptocurrency market accounted for less than 1% of the U.S. capital market, 18% of the tips, complaints, and referrals received by the U.S. Securities and Exchange Commission were related to cryptocurrencies. Courts have supported the Commission's actions to protect investors and dismissed all arguments regarding the Commission's inability to enforce the law when issuing securities—regardless of the form in which the securities are issued.
Circle: Native USDC and Cross-Chain Transfer Protocol (CCTP) will launch on the Aptos network
According to official news, native USDC and cross-chain transfer protocol (CCTP) will launch on the Aptos network.
CCTP achieves secure transfer of USDC between Aptos and supported blockchains through native burn and mint processes.
Bridge providers will collaborate with ecosystem applications to provide a smooth transition from bridging USDC to native USDC over time.
Notable short-seller Citron: Has shorted MSTR for hedging, still bullish on Bitcoin
Notable short-seller Citron Research officially posted on social media that as Bitcoin investments have become easier than ever (you can now buy ETFs, COIN, and HOOD), MSTR's trading volume has completely decoupled from BTC fundamentals. While Citron remains optimistic about Bitcoin, we have hedged by opening short positions in MSTR.
Sui: Error in upgraded code caused network downtime, fixed within 2.5 hours
Sui officials announced on X platform that 'between 1:15 and 3:45 PM Pacific Time on November 21, 2024, Sui mainnet experienced downtime. All validators fell into a crash loop, making it impossible to process any transactions. The Sui network suffered its first failure due to a bug in the congestion control code. This bug stemmed from a recent upgrade to the congestion control code aimed at better utilizing shared objects. Sui contributors quickly deployed a fix and restored normal network activity within 2.5 hours.'
CHILLGUY image author: Will issue deletion notices for unauthorized commercial use, especially for shitcoins
CHILLGUY image creator Phillip Banks posted on X platform, announcing that he has obtained the legal copyright for the image and will issue deletion notices for unauthorized commercial activities in the coming days. 'Chill Guy has obtained copyright. I will release deletion notices regarding profit-related content in the next few days. I don't like brand accounts using him to lead trends; this is something I care less about, especially unauthorized merchandise and shitcoins.'
Anoncast developer Slokh: Posting threshold reduced by 50% to 15,000 ANON
Anoncast developer Slokh announced on Warpcast that the posting threshold will be reduced by 50%, from the original 30,000 ANON to 15,000 ANON. Previously, the vitalik.eth address purchased 30,303 ANON tokens, and Jesse Pollak, head of the Base ecosystem, also followed up with a purchase of 31,529 ANON.
It is reported that ANON is an anonymous social token combined with ZK proof technology, created by anonymous users interacting with the AI Agent account @clanker in the Farcaster ecosystem through the Superanon account. Users need to hold a specific amount of ANON tokens to use related features, such as anonymous posting and social promotion.
Total assets of U.S. Bitcoin ETFs directly investing exceed $100 billion
As Bitcoin continues its record rally, the total assets of U.S. exchange-traded funds directly investing in Bitcoin exceed $100 billion.
Trump Media Technology Group may be considering launching a crypto payment service
According to market news, Trump Media Technology Group may be considering launching a crypto payment service.
Market dynamics
Recommended reading
Exploring Stacks: Bitcoin's oldest L2 completes Nakamoto upgrade; will BTC DeFi be the next focus?
The article summarizes the significant impact of the Nakamoto upgrade in Stacks and the development opportunities for the new application sBTC. The Nakamoto upgrade provides important technical foundations for sBTC through improved interoperability and security mechanisms. As a decentralized Bitcoin two-way anchoring protocol, sBTC allows Bitcoin to operate in the Stacks network in the form of smart contracts. Additionally, the article introduces several major DeFi protocols in the Stacks ecosystem and provides outlooks on the development prospects of the Bitcoin ecosystem.
Success or failure depends on users; should we continue to grow on Telegram?
This article analyzes the current development situation and commercialization potential of Telegram. It first mentions that Telegram has a large user base, but there are issues with user quality, and factors such as inaccurate ad placements have led to poor growth results for project teams on Telegram. The article then introduces the development of Telegram Wallet and Telegram Mini Apps, suggesting that these new features help Telegram better understand user needs, thus enhancing the effectiveness of advertising marketing. Finally, the article mentions a decentralized advertising platform called OpenAD, which can help advertisers achieve more precise placements and better growth on Telegram.
TikTok's popular meme reaches a value of $600 million in the crypto circle, reviewing Chillguy's rapid rise.
The article outlines how a TikTok influencer meme called 'ChillGuy' has stirred up excitement in the crypto circle.
How to quickly issue a token using an AI bot on Farcaster?
Clanker is an AI-driven 'Token Bot' that helps users quickly deploy tokens on Farcaster. The benefit of using Clanker is that it greatly enhances the accessibility of token issuance, allowing even non-technical users to use it easily. Currently, several tokens created by Clanker have reached a market cap of over a million dollars, but most have not stood out. Clanker is worth trying, but one shouldn't expect immediate massive success.
Interpreting global crypto concept stocks: A new high ground for liquidity outside the crypto circle
The future development of the crypto market is not just about the increment of digital currencies themselves, but the huge potential for integration with traditional finance. From regulatory dividends to changes in market structure, blockchain concept stocks are at a key point in this major trend, becoming the focus of global investors.
Is a value investor who has crossed three market cycles facing this round of Meme anxiety?
This article analyzes the structural changes in the cryptocurrency industry, with a particular focus on the significant position and development prospects of Meme coins in this market cycle. The article argues that Meme coins have become an important track in the industry that cannot be ignored. Meme coins embody cultural trends and collective emotions, and their value lies in the ability to tokenize and capitalize on these thoughts and emotions, contrasting sharply with the issues surrounding VC tokens. The article also points out that the emergence of Meme coins provides opportunities for marginalized groups to become wealthy, highlighting the vibrancy of the industry. However, it also warns that Meme coins carry bubble risks and require vigilance.
