Arrangement: Fairy, ChainCatcher
Important Information:
"DeInsight 2024" Annual Summit Held in Bangkok
Data: BTC breaks through $82,000, setting a new all-time high
RootData List 2024 Annual List Officially Announced
FTX sues Binance, Zhao Changpeng faces $1.8 billion recovery demand
Analysis: Binance has launched a total of 15 Memecoin projects this year, and 80% of the tokens have seen a significant increase in market value after being launched.
Binance will list Act I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) and add seed tags
“What important events have occurred in the past 24 hours?”
"DeInsight 2024" Annual Summit Held in Bangkok
Hunter, co-founder of Rootdata, delivered an opening speech at the DeInsight conference. He introduced that ChainCatcher is one of the largest media in China, founded in 2018, with more than 1 million users. Currently, the team members are distributed in Vietnam, Japan, South Korea, Thailand and other places, focusing on the Asia-Pacific region; RootData is a Web3 data platform with more than 30,000 active users per day. Rootdata provides a large amount of professional and comprehensive data to help cryptocurrency users make better and easier decisions.
Hunter said: "Organizing the DeInsight conference is an important endeavor for us, and we look forward to working with more projects in the future and being able to gather with all of you at the DeInsight Summit every year."
Data: BTC breaks through $82,000, setting a new all-time high
According to OKX market data, BTC hit $82,373, a record high, with a 24-hour increase of 3.27%.
RootData List 2024 Annual List Officially Announced
At the "DeInsight 2024" annual summit held during Devcon in Bangkok, Hunter, co-founder of Web3 data platform Rootdata, officially announced the RootData List 2024 annual list.
This list is the second annual selection launched by RootData after its first release in 2023. It aims to present the major influential and innovative players in the Web3 field and evaluate the key forces that continue to drive the industry's progress. RootData is committed to showing the core strengths and trend characteristics of industry development through rigorous data analysis.
The statistics for this list are from October 31, 2023 to October 31, 2024. A total of five lists will be released, namely: Top 50 Projects (Completed TGE), Top 50 Projects (Not Conducted TGE), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.
FTX sues Binance, Zhao Changpeng faces $1.8 billion recovery demand
FTX sues Binance, former CEO Zhao Changpeng faces $1.8 billion recovery demand. In the document, the plaintiffs claim that Binance, its former CEO Zhao Changpeng and other Binance executives obtained at least $1.76 billion worth of cryptocurrency through fraudulent transfers from FTX.
The deal is a repurchase agreement reached between Binance and FTX co-founder Sam Bankman-Fried, who is currently serving a 25-year prison sentence, in July 2021. In that transfer, Bankman-Fried sold approximately 20% of FTX's international business and 18.4% of its U.S. entity West Realm Shires Services (doing business as FTX US).
Analysis: Binance has launched a total of 15 Memecoin projects this year, and 80% of the tokens have seen a significant increase in market value after being launched.
On-chain analyst @ai_9684xtpa released an inventory of Memecoin projects that have been launched on Binance in 2024: Binance has launched a total of 15 Memecoin projects (including futures and spot) since 2024, of which 80% of the tokens have a market value of Significant growth, NEIRO (lower case) even increased by 7594%.
Of the 15 Memecoins launched by Binance this year, over 80% are Zoo-type Memes. 60% are deployed on the Solana network, 26.7% on the Ethereum mainnet, and the rest on BSC and Base, which is basically consistent with the main battlefield of the Meme market this year, and 73% of the projects were launched between August and November. Among them, only 5 were listed on both spot and futures, which shows that Binance is relatively cautious about spot listing.
At present, the market value of all listed Memecoins has exceeded 100 million US dollars. The highest market value is WIF (2.51 billion US dollars), and the lowest market value is NEIRO (102 million US dollars). 80% of the tokens have significantly increased in market value after being listed. NEIRO (lowercase) has an increase of even as high as 7594%, which is the most outstanding performance, and MOG/BOME/MYRO are the only three whose market value has shrunk slightly after going online.
Data: Today’s trading volume of 6 Hong Kong virtual asset ETFs is about HK$107 million
Hong Kong stock market data shows that as of the close, the trading volume of today's 6 Hong Kong virtual asset ETFs was approximately HK$107 million.
in:
The trading volume of ChinaAMC Bitcoin ETF (3042.HK) was HK$71.82 million;
ChinaAMC Ethereum ETF (3046.HK) had a trading volume of HK$14.55 million;
The trading volume of Harvest Bitcoin ETF (3439.HK) was HK$12.19 million;
The trading volume of Harvest Ethereum ETF (3179.HK) was HK$994,000;
The trading volume of Bosera HashKey Bitcoin ETF (3008.HK) was HK$5.64 million;
The trading volume of Bosera HashKey Ethereum ETF (3009.HK) was HK$1.44 million.
Binance will list Act I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) and add seed tags
According to the official announcement, Binance will launch Act I: The AI Prophecy (ACT), Peanut the Squirrel (PNUT) at 18:00 (ET) on November 11, 2024 and open the following spot trading pairs.
Spot trading pairs: ACT/USDT, PNUT/USDT
ACT, PNUT recharge channels are now open
Withdrawals are expected to be available at 18:00 (GMT+8) on November 12, 2024
Zhu Su: Half of the long positions in ETH and SOL have been closed
Zhu Su, co-founder of Three Arrows Capital, posted on X that half of the long positions of Ethereum (ETH) were closed when it rose from $2,435 to $3,188, and half of the long positions of SOL were closed when it rose from $158 to $208.
Going long on Meme coin 3AC again, the earliest vault stakers have now earned nearly 10 times the profit.
"What are the interesting articles worth reading in the past 24 hours?"
RootData: 2024 Web3 Industry Development Research Report and Annual List
With the approval of Bitcoin and Ethereum spot ETFs, the development of the Crypto industry has a long-term and solid liquidity foundation. Overall, the primary market has a certain lag compared to the secondary market, but the transmission between the primary and secondary markets is obvious. The primary market showed a trend of rising first and then stabilizing in the first three quarters of 2024: the total financing amount in Q1 was US$2.545 billion (a slight increase of 0.76% year-on-year), and the upward momentum continued in Q2 to climb to US$2.75 billion (an increase of 8.05% month-on-month). Although Q3 fell slightly to US$2.406 billion, it still increased significantly by 26.05% year-on-year.
Another community victory? AI MEME coin ACT is about to be listed on Binance and has risen more than ten times. It has been backstabbed by developers many times.
AI MEME coin Act I: The AI Prophecy (ACT) once fell into a trough after experiencing multiple backstabs from Dev (deployers), but now it has dramatically reversed the plot. On November 11, Binance announced the listing of ACT and added a seed tag to it. After this news ignited market sentiment, ACT soared more than ten times in a short period of time. This is also a dark horse among the few low-market-cap MEME coins launched by Binance this year.
DEX Screener data shows that as of the time of writing, ACT's highest intraday increase was 1445.4%, and its market value once soared from more than 20 million US dollars to a maximum of 300 million US dollars. The trading volume in the past 24 hours exceeded 230 million US dollars.
33 years of crypto wars: It started with Biden and ended with Biden
In late autumn of 2024, Washington, D.C. Golden maple leaves are slowly falling from the sycamore trees of the White House. President Biden stands at the window of the Oval Office, looking at the city he is about to say goodbye to.
Thirty-three years ago, as a senator on Capitol Hill not far away, he proposed the famous S.266 bill. At that time, he would never have thought that this seemingly ordinary bill would become the fuse of a "crypto war" that lasted for more than 30 years. He would never have thought that this war would end with the victory of the cypherpunks at the last moment of his presidency.
This is a story about failure and victory, oppression and resistance, centralization and freedom, an epic spanning an entire generation. In this war that lasted for more than 30 years, a group of geeks with mathematical ideals eventually changed the course of human civilization.
