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CRYPTO NEWS
🗞 November 12, 2024 cryptocurrency news highlights
【Cryptocurrency】
DOGE trading volume on Binance reached $6.6 billion in the past 24 hours, second only to Bitcoin
Retail crypto trading in Korea has surged, with daily volumes on Upbit and Bithumb totaling over $26bn—85% higher than the entire local stock market.
【Economy】
Italy limits the cryptocurrency tax ceiling to 28% 🇮🇹
As BTC make successive new all time highs, apply proper risk management. There will be many dips (and highs) in
【Cryptocurrency】
DOGE trading volume on Binance reached $6.6 billion in the past 24 hours, second only to Bitcoin
Retail crypto trading in Korea has surged, with daily volumes on Upbit and Bithumb totaling over $26bn—85% higher than the entire local stock market.
【Economy】
Italy limits the cryptocurrency tax ceiling to 28% 🇮🇹
As BTC make successive new all time highs, apply proper risk management. There will be many dips (and highs) in
DODE
Data: DOGE trading volume on Binance reached $6.6 billion in the past 24 hours, second only to Bitcoin
@Doge Coin $DOGE
@Doge Coin $DOGE
DOG
Trump: Musk will cooperate with American entrepreneur Vivek Ramaswamy to lead the proposed government efficiency department (DOGE), which will pave the way for the dismantling of government bureaucracy, reduce unnecessary regulation, and reduce waves
@Doge Coin $DOGE
@Doge Coin $DOGE
TRUMP
✔️ President Trump plans to appoint pro-crypto cabinet members to fulfill his promise of making the U.S. the "crypto capital of the world."
$BTC
$BTC
ETHEREUM
🔍 The Ethereum Foundation sold 100 ETH for 334,315.7 DAI, marking its first sale since its 2024 reserve report. With reserves at $970.2 million (99.45% in ETH), they plan regular ETH sales to fund public projects, totaling 4,266 ETH sold in 2024 for $11.83 million at an average of $2,773 per ETH.
$ETH
$ETH
BITCOIN
🤥 Peter Schiff hinted that Michael Saylor and MicroStrategy are inflating the Bitcoin bubble.
$BTC
$BTC
MARKET CAP
👀 Cryptocurrency market capitalization reached $3.1 trillion on November 11, nearing France’s GDP.
The market cap grew by $765 billion over the past week, making the crypto market comparable to the world’s eighth-largest economy, behind only the U.S., China, Germany, Japan, India, the U.K., and France.
$BTC
The market cap grew by $765 billion over the past week, making the crypto market comparable to the world’s eighth-largest economy, behind only the U.S., China, Germany, Japan, India, the U.K., and France.
$BTC
NOVEMBER 12 CRYPTO NEWS
🗞 November 12, 2024 cryptocurrency news highlights
【Cryptocurrency】
Chinese microchip company Nano Labs announced it will begin accepting Bitcoin as payment. This is the first Chinese company to accept Bitcoin since Baidu in 2013, which stopped soon after government restrictions.
【Economy】
🇺🇸 The Republican Party of the United States has gained control of the House of Representatives. At present, it is predicted that the Republican Party has won 218 seats in the House of Representatives
【Cryptocurrency】
Chinese microchip company Nano Labs announced it will begin accepting Bitcoin as payment. This is the first Chinese company to accept Bitcoin since Baidu in 2013, which stopped soon after government restrictions.
【Economy】
🇺🇸 The Republican Party of the United States has gained control of the House of Representatives. At present, it is predicted that the Republican Party has won 218 seats in the House of Representatives
DOGE
DOGE's market capitalization rose by US$30 billion in a single day, further confirming the existence of the "Meme Super Cycle"
$DOGE
$DOGE
The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 65.1% 🔽
#FedRateDecisions #interestrates
#FedRateDecisions #interestrates
The market shows that BTC has exceeded $89,000, and now it is 89,030.4 dollars, with an increase of 10.79% in 24 hours 📊
$BTC #WillBTCBreak100KSoon #BTC☀
$BTC #WillBTCBreak100KSoon #BTC☀
The market value of Bitcoin has surpassed the market value of silver and become the eighth largest asset in the world 🌍
$BTC #WillBTCBreak100KSoon #BTC☀
$BTC #WillBTCBreak100KSoon #BTC☀
⏺ Daily Recap: November 11
📈 SOL hits $100B market cap briefly.
🔔 DOGE now ranks 6th, overtaking USDC.
💲 FTX sues Changpeng Zhao for $1.8B; Alameda sues Waves’ founder for $90M.
📊 Bitcoin ETFs attracted $1.63B, Ethereum ETFs $154M last week.
💸 Bitcoin approaches $86K(updated) as traders eye $100K target.
🟢 SUI, GOAT, and MEOW hit new ATHs; BNB and SOL likely next.
💥 MicroStrategy buys 27,200 BTC at an average of $74,463 per BTC.
📈 SOL hits $100B market cap briefly.
🔔 DOGE now ranks 6th, overtaking USDC.
💲 FTX sues Changpeng Zhao for $1.8B; Alameda sues Waves’ founder for $90M.
📊 Bitcoin ETFs attracted $1.63B, Ethereum ETFs $154M last week.
💸 Bitcoin approaches $86K(updated) as traders eye $100K target.
🟢 SUI, GOAT, and MEOW hit new ATHs; BNB and SOL likely next.
💥 MicroStrategy buys 27,200 BTC at an average of $74,463 per BTC.
Certainly! Here’s a summary of the reasons why TON Blockchain is underperforming in the current bull run:
1. High Competition: Established Layer-1 blockchains like Ethereum and Solana are dominating the market, making it hard for TON to stand out.
2. Limited DeFi and NFT Ecosystem: TON lacks the extensive DeFi and NFT platforms seen on other blockchains, which are key drivers of the current bull market.
3. Regulatory Setbacks: TON’s initial association with Telegram led to SEC regulatory issues, making some investors hesitant.
4. Weak Developer Incentives: Unlike other platforms, TON hasn’t offered enough rewards or support to attract developers and grow its ecosystem.
5. Low Market Awareness: Despite its potential, TON is less visible in the market, with limited adoption and partnerships to drive awareness.
6. Investor Preference for Proven Platforms: Investors are prioritizing established, high-liquidity projects this bull run, which has put TON at a disadvantage.
With these challenges, TON could benefit from building more partnerships, expanding developer incentives, and increasing its ecosystem visibility to attract more investors and users.
$TON #tonecoin #AltCoinRush #BullRunAhead
1. High Competition: Established Layer-1 blockchains like Ethereum and Solana are dominating the market, making it hard for TON to stand out.
2. Limited DeFi and NFT Ecosystem: TON lacks the extensive DeFi and NFT platforms seen on other blockchains, which are key drivers of the current bull market.
3. Regulatory Setbacks: TON’s initial association with Telegram led to SEC regulatory issues, making some investors hesitant.
4. Weak Developer Incentives: Unlike other platforms, TON hasn’t offered enough rewards or support to attract developers and grow its ecosystem.
5. Low Market Awareness: Despite its potential, TON is less visible in the market, with limited adoption and partnerships to drive awareness.
6. Investor Preference for Proven Platforms: Investors are prioritizing established, high-liquidity projects this bull run, which has put TON at a disadvantage.
With these challenges, TON could benefit from building more partnerships, expanding developer incentives, and increasing its ecosystem visibility to attract more investors and users.
$TON #tonecoin #AltCoinRush #BullRunAhead