Good morning everyone!
This penguin opening directly has the potential to exceed 10 billion, which is impressive. The funding thirst on Solana is evident, and it is expected that everyone will launch projects primarily on #Solana;
The speed of listing coins is so fast that it’s draining the market, and altcoins are continuously dropping!
1.$BTC continues to reach new highs, hitting 108,000;
Bitcoin ETF scale surpasses gold ETF for the first time, with AUM reaching 129 billion USD;
Net inflow of 4,790 BTC into US Bitcoin ETFs;
2. $ETH is waiting for a new high, which seems a bit difficult, as the exchange rate is fluctuating in a range;
Net inflow of 12,347 ETH into Ethereum ETFs;
Analysts: Ethereum ETF staking yields may drive institutional adoption under relaxed regulations;
The altcoin season is truly becoming an altcoin sacrifice;
3. $SOL can only say that the funds are really large, even though it has been drained by @HyperliquidX, it is still the place with the most hot money;
4. $BNB is performing average, as several projects on @bnbchain yesterday directly encountered a hard stop, which is confusing about what they want to do;
Today's PENGU listed on Binance continues to show incorrect market value after its launch, and after public submission for correction, it has been amended;
5. Wormhole collaborates with Nuffle Labs to extend the EigenLayer staking function to outside the Ethereum ecosystem;
6. $PENGU on-chain transaction volume surpasses 1 billion USD, exceeding total trading volume on CEX;
The entire chain has seen a 'prosperity' due to @pudgypenguins, making LP trades extremely profitable;
7. Coinbase responds to the lawsuit filed by BiT Global regarding the delisting of wBTC;
8. Bloomberg analysts predict a wave of cryptocurrency ETFs in 2024, with expectations for crypto ETFs next year: BTC/ETH combinations leading, followed by LTC and HBAR potentially being approved first;
Predictions are that a large number of ETFs are prepared after @realDonaldTrump takes office;
9. Bitcoin L2 project @Stacks announces the launch of sBTC;
Travel booking portal @travalacom $AVA announces support for sBTC and STX;
10. Big Time Studios announces the establishment of a 150 million USD Open Loot Fund to promote the development of Web3 games on the platform;
Positive news for $BIGTIME$OL;
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This market can only be described as a bit surreal; it’s like you dare not go long, and you also don’t dare to short, but later realize that both can make money, which is quite frustrating.
Hope everything goes smoothly today.
