According to Fox reporter Eleanor Terrett, multiple institutions are advancing the approval of Solana spot ETFs. The US SEC has begun processing related S-1 applications and may receive Form 19b4 in the next few days, which marks a key progress in the approval process. Currently, VanEck, 21Shares and Canary Funds have submitted applications, and Bitwise also plans to follow up.
The L1 blockchain Quai Network has launched its fourth and final testnet with 10M QUAI available for rewards. Users can visit the download the wallet, get testnet QUAI from the faucet, and trade tokens.Other announcements for Quai include a partnership with Stork Oracle. This integration enables Quai developers to build new dApps using real-time commodity price data, expanding the use cases of RWA and DePIN on Quai.
The Story of China's Murad: The Community Leader Who Brought ACT to Binance
The article tells the story of "Wizard," a community leader in China who played a pivotal role in bringing the ACT token to Binance. He believes that Binance should meet the following four criteria for listing coins: new track, strong community, small market capitalization, and timeliness.
According to gmgn, an address 28MyY...ep1Fi started to build a position in CHILLGUY on November 17 and continued to buy until the 19th, spending about 22,100 USDC. Currently, 60% has been sold, making a profit of $2.48m. The memecoin transaction winning rate of this address is only 25%, and it was once in a loss state before buying CHILLGUY.
On November 20, the Bitcoin spot ETF had a total net inflow of $796 million. The BlackRock ETF IBIT had a single-day net inflow of $627 million. On November 20, the Ethereum spot ETF had a total net outflow of $33.4749 million. https://sosovalue.com/assets/etf
BTC has just broken through $98,000, setting a new all-time high and is now trading at $98,151. QCP said, it's now closer than ever to that 100k milestone. Throughout the week, our desk observed aggressive demand in March and June Calls, signaling investors' long-term bullish sentiment for next year. The BTC ETF has been the biggest driver of additional capital into Bitcoin this year.
Binance Futures will launch the SLERFUSDT and SCRTUSDT Perpetual Contract at 2024-11-21 11:30 (UTC) with up to 75x leverage. https://www.binance.com/en/support/announcement/c214b24b9f004196aa12fb1e6736572b
As the price of Bitcoin rises, the total net asset value of US Bitcoin spot ETFs has exceeded $100 billion. 12 Bitcoin ETFs, including those from BlackRock and Fidelity, were issued in January and reached the milestone of $100 billion in just 10 months. https://sosovalue.com/zh/assets/etf/us-btc-spot
According to MSTR-tracker data, the correlation coefficient between Microstrategy stock price and BTC has hit a record high recently, and the (100x) MSTR/BTC price ratio has reached 0.5 for the first time in history; at the same time, the premium of MSTR stock price to its BTC net asset value (NAV) has reached 3.4, an increase of about 197% since the beginning of the year.
Bithumb, the second largest crypto exchange in South Korea, has added support for the Korean won market for TONCOIN (TON) and METIS (METIS). Trading will be open at 20:00 local time on November 21. https://feed.bithumb.com/notice/1645242
Bitcoin reached a record high of US$97,852, and its market share reached 58.1%.
In the past 24 hours, the total amount of liquidation in the entire network reached 449 million US dollars, and a total of 157,569 people were liquidated.
Today, Ethereum co-founder Vitalik Buterin's address vitalik.eth used 0.082 ETH (about $249.63) to exchange for 30,303 ANONs. Base leader Jesse Pollak's address also exchanged 0.333 ETH (about $993.41) for 31,529 ANONs. ANON is a community token that combines zk proof technology and anonymity, and has now become a hot trend on Farcaster.
BTC broke through $95,000, setting a new record high, now at $95,272, but only BTC and PayFi sectors rose in 24 hours, with BTC up 3.46% and PayFi up 1.21%. GameFi, DePIN, and Meme sectors fell by more than 3%. https://sosovalue.com/
Monkey Tilt announced $30M in Series A funding led by Pantera, with participation from Polychain, Hack VC and more. Monkey Tilt is combines traditional casino experiences with improved social and lifestyle integrations. The company capitalizes on its multi-currency crypto payment infrastructure to accommodate wagering with a wide range of digital assets.
South Korean police confirmed for the first time that 342,000 ETH was stolen from Upbit, South Korea's largest exchange, in 2019 by North Korean official hacker groups Lazarus and Andariel. 57% of ETH was exchanged for Bitcoin at a low price, and the rest of the assets were laundered through 51 overseas exchanges. After 4 years of tracking, the police recovered 4.8 Bitcoins from a Swiss exchange and returned them to Upbit.
Nate Geraci, president of The ETF Store, said that there are also the following spot ETF applications: SOL, XRP, HBAR, and at least one issuer has also tried ADA or AVAX ETFs. Eric Balchunas said that December 31 seems to be the best date to submit a DOGE ETF application.
Data shows that in the last 30 trading days (October 7th to November 15th, 2024), Binance's total trading volumes (spot + derivatives) have significantly outpaced major global stock markets: 10% higher than NASDAQ, 2x of the New York Stock Exchange (NYSE) and accounts for 50% of all CEXs trading volumes globally.
Bitwise has submitted documents in Delaware, USA, to register the BITWISE SOLANA ETF entity, which means that Bitwise will also join the ranks of applying for Solana spot ETF. Some companies have applied to register Solana spot ETF and expected that Trump and the new SEC chairman may approve Solana ETF after taking office.
Phantom, a cryptocurrency wallet primarily used for Solana, reached an all-time high on the iOS App Store on Wednesday, ranking ninth among free iPhone apps, surpassing WhatsApp and Instagram. It also ranked second among free utility apps, second only to Google.
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