What happened in Crypto in the last 12h:
- TMTG Pursues Acquisition Crypto Exchange
- MSTR Buys 51K BTC
- Binance Launches $BFUSD
- $AI16Z x Ryze Labs $5M Fund
- New 2B $USDT Minted
- $ETHFI $ATH $IOST Annoucement
- $MORPHO Bybit Launchpool
- Magic Eden Reveals $ME Tokenomics
- #Monad Testnet
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• Trump Media & Technology Group is in talks to acquire cryptocurrency trading platform Bakkt.
• MicroStrategy bought 51,780 $BTC (~$4.6B) between Nov 11th and Nov 17th, 2024. This purchase is valued at $88,627 per Bitcoin. The Bitcoin purchases were made using proceeds from the issuance and sale of shares (ATM program) and so far they have used $5.7B of the $21B in the ATM program, with $15.3B remaining.
• $BFUSD - Binance has announced the launch of $BFUSD, offering a 19.55% APY.
• $AI16Z - Ai16z and Ryze Labs partner to launch AI Combinator program and announce $5M fund to support developers.
• $USDT - 2B $USDT were newly minted at the Tether Treasury. In addition, 200M $USDC were also newly issued.
• $IO - Coinbase Int. has announced the $IO-PERP market, which will begin on Nov 21, after 9:30AM UTC.
• $ETHFI $ATH $IOST - Each of these three projects hinted that they had a big announcement coming through the X channel.
• $MORPHO - Bybit has announced the $MORPHO Launchpool, which will run from 10AM UTC on Nov 21st and will be listed on Spot at the same time.
• $ME - Magic Eden revealed the $ME tokenomics. The total supply is 1B with an airdrop allocation of 12.5% and the TGE and airdrop will happen in the coming weeks.
• #Monad - Ethereum-compatible L1 blockchain Monad has begun rolling out Testnet. “I made a TX, and it was fast" @cobie reported on channel X.
