Eclipse, a dark horse project with a valuation of $1 billion, has recently become more popular! It is definitely the most noteworthy Layer 2 blockchain at the moment!
Introduction to Eclipse Eclipse is a customizable rollup provider compatible with multiple layer 1 blockchains. The platform enables developers to deploy their own rollups powered by Solana OS, using any chain for security or data storage.
Eclipse Team
Vijay Chetty is the CEO of Eclipse, and he was previously the project's Chief Growth Officer. Prior to that, Vijay Chetty served as the head of business development at the decentralized exchanges Uniswap and dYdX. Vijay Chetty graduated from Princeton University.
Ben Livshits is the Chief Technology Officer of Eclipse. Previously, he was the Vice President of Research at zkSync and Chief Scientist at clipseBrave. He is also an Associate Professor at Imperial College London, a PhD from Stanford University, and a Research Scientist at Microsoft Research.
Breaking News! Usual Completes $10 Million Funding Round! Binance (Binance Labs) and Kraken Ventures Lead! Popularity Soars!
Latest News on Usual
Introduction to Usual Usual is a stablecoin protocol that introduces USD, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWA). USUAL is a governance token that allows the community to guide the future development of the network. Usual addresses current issues in the stablecoin market by redistributing profits to the community and rewarding token holders with actual returns generated from RWA. The Usual team is led by Pierre PERSON, the founder and CEO of Usual, who is a former French politician and member of the National Assembly (French Parliament). He recently served as the deputy chairman of the French presidential party, leading the country's legislative efforts on crypto assets. Hugo Sallé de Chou is the co-founder and COO of Usual, a graduate of the EDHEC Business School in France. Adli Takkal Bataille is the co-founder of Usual and serves as the president of the Le Cercle du Coin association. He graduated from the University of Bordeaux Montaigne.
Pantera Founder: Purchased 2% of the world's Bitcoin from 2013-2015, now with a return of 1000 times
The post-election surge further pushed the fund up by 30%. The total return of the fund is now at 131,165% (net of fees and expenses).
I want to share the initial logic — because it still feels very compelling to me today. The day we chose to launch the Pantera Bitcoin Fund was actually the lowest point in the past eleven years. That first investment memo still reads very attractively today.
We purchased 2% of the world's Bitcoin between 2013 and 2015.
PS: If Pantera purchased 2% of the world's Bitcoin from 2013 to 2015, that would be about 280,000 Bitcoins. In comparison, as of November 24, 2024, MicroStrategy holds 386,700 Bitcoins.
A16z’s heavily invested blockchain gaming platform Balance completes $40 million in financing! The popularity is soaring!
Balance Latest News
Web3 experience infrastructure Balance announced at X that Key Node sales are now online. Nodes will be sold on a first-come, first-served basis and in limited quantities. 2024-11-26Balance completes $10 million financing Animoca Brands, Amber Group, Mask Network, GSR, MARBLEX, Web3Port, Nonagon Capital, participated in the investment Project Introduction
Balance was created by the E-PAL team as a key step in building a Web3 gaming ecosystem. It is a Web3 platform focused on blockchain gaming. Balance leverages the traffic pool of 2.4 million Web2 users and aims to use blockchain and AI technology to bring revolutionary innovation and change to the gaming industry. The core goal is to build an open, inclusive, and fair gaming ecosystem.
CZ: Does not oppose Memes, should focus on real Web3 applications
Recently, CZ criticized Memes in a post and called on everyone to focus on 'real' blockchain applications: "I do not oppose memes, but memes have become a bit strange now. Let's use blockchain to build real (web3) applications."
On November 23, according to platform X, Binance co-founder CZ unfollowed Musk about six hours ago, possibly due to CZ's lack of optimism regarding memes.
Meme: Investment field MEME has become an important business card in the crypto world, filled with the ups and downs of wealth stories and hot topics. On the other hand, the MEME culture, accompanied by a surge of funds, is becoming increasingly complex, with speculation even shifting from internet trends to various abstract cultures. For many who hope to find the key to wealth in this market, it seems that they have entered a level of understanding that is epic in difficulty.
The current market is maintaining its trend amid high fluctuations. Although the pullback after the strong rise is not strong, the short-term trend still tends to recover from high fluctuations. The room for intraday decline is not expected to be too large. In this adjustment stage after a rapid rise, you only need to maintain the long-term thinking of stepping back. The 100,000 mark is flooded with a large number of air forces and selling orders. Slowly pull it up and the callback will become smaller. A wave goes straight up like inserting pins up and down.
Let me educate everyone a bit by talking about an obscure trading pair:
There are many novice traders who don’t understand why when BTC rises, other altcoins tend to fall. Many people are also confused about the term 'bloodsucking' related to Bitcoin's rise! Please read the following content:
BTC is the leader in the cryptocurrency world, the big brother. Therefore, there are many trading pairs like BTC/ETH, BTC/ADA, DOGE/BTC, TON/BTC, SOL/BTC, PEPE/BTC, BNB/BTC, and many other altcoins against Bitcoin!
Those who are observant will notice that recently a lot of USDT has been minted. However, when Bitcoin hits a new high, the trading volume of Bitcoin's USDT actually does not increase much, meaning it has been rising without volume. But where is the buying power coming from? It appears in these BTC/altcoin trading pairs!!!
Normally, buying coins is done through trading USDT. Recently, many market makers and institutions have adopted a model where they trade altcoins/BTC, which effectively means they are directly exchanging altcoins for Bitcoin. For altcoins, this means selling, which puts selling pressure on them. This is why whenever BTC rises, altcoins tend to fall; the selling pressure on altcoins comes from here. Then, when BTC rises again, they exchange BTC/altcoins back!!
After this back-and-forth operation, the amount of USDT held by market makers and institutions will increase. During the process, they will also add some leverage to enhance the yield on their capital! #BTC☀
Let's take a look at BTC 🫓. The three-day trend has not broken through the 10w mark. We need to pay attention to the upper pressure level at 99200-99800. If it breaks through and stabilizes, it will go straight to 10w. The bullish force has not diminished. If it cannot stabilize at this position, it will 🈳️ another wave. The support level below is 96200-96700. If it can't hold, it will go to around 95!
A Crypto Map of Trump’s New Administration: A Look at the Crypto Holdings and Policy Positions of Key Decision-makers
Before winning the 2024 U.S. election, Trump had explicitly promised to promote a pro-cryptocurrency policy stance. Now, as the list of members of his new government is gradually unveiled, the crypto movements of these members have quickly attracted the attention of the market. This article will review the cryptocurrency holdings and policy positions of eight members of the new Trump administration, from Vice President JD Vance to Secretary of Health and Human Services Robert F. Kennedy Jr. Among these core decision makers, some have invested directly in crypto assets, while others have expressed support for the crypto industry through policies and statements.
The most anticipated high-quality primary project before the new year, dappOS is valued over $350 million, incubated by Binance Labs, and is on the move!
dappOS fan benefits Follow the steps below to receive a $200 USDT reward. Follow platform X:
What is the relationship between dappOS and Binance? dappOS is a pioneer of intention-centered operation protocols. It was one of 12 finalists in the fifth season of Binance Labs' incubation program in November 2022, outperforming more than 900 other projects competing for exclusive elite project recognition from Binance. Binance Labs is a leading global project launch platform and incubator with strict selection criteria. Therefore, when a project passes Binance's exclusive review process, it attracts attention.
Paradigm: The race for sovereign nations to build BTC reserves has begun.
United States, the race for BTC reserves. At the beginning of Paradigm in 2018, we firmly believed that the value of BTC (then about $4,000 each) would increase several times in the coming years, partly due to increased legitimacy and institutional adoption.
However, at that time, the likelihood of sovereign nations adopting BTC was still very low. Now it seems that possibility was underestimated. Currently, multiple sovereign nations hold BTC, with El Salvador being the most notable.
Abu Dhabi Sovereign Wealth Fund is involved in Bitcoin mining.
President-elect Donald Trump discussed strategic Bitcoin reserves on the Nashville stage.
A new week has begun, and we need to adjust our mentality and prepare for the challenges of this week. Bitcoin fell overall over the weekend, and retreated after reaching a high point. It is still in a high consolidation stage. We have also gained some results from the long orders over the weekend. Bitcoin is currently in the second stage of the bull market, so we still have to look at it as a bullish unilateral upward trend.
Bitcoin's daily chart shows that its price remains high, and is currently fluctuating around 90,900, not far from the upper pressure level. From the four-hour level, Bitcoin has not yet stepped out of the unilateral market, and the overall operation is still in a box structure. As the range continues to shrink, Bitcoin is about to choose a direction again. We are still optimistic about the bulls' efforts, mainly to retreat and go long.
Bitcoin can be long at 90,500-90,300, and pay attention to 92,000; Ethereum can be long at 3100-3080, and pay attention to 3160#BTC☀
ETH BTC exchange rate has a signal to stop falling. Ether is still fluctuating in the range. The support at 3000 has not been broken after many tests. The support is still strong. This is recognized. If this position stops falling and bottoms out completely, and then it rebounds upward, then Ether will also become strong. #BTC☀
After Trump was elected, DOGE got rid of the constraints of synchronous ETH's rise and fall, and closely linked with BTC. When BTC is strong, it is strong. Therefore, every small step back of DOGE is also a low-long opportunity, and the profit is not bad. BTC, SOL, and DOGE have become the three pillars, becoming the most elastic and ideal target for this round of bull market.
At present, as long as BTC breaks through 91600, DOGE will continue to rush above 0.40. When BTC reaches 10w, DOGE will pull the market towards 0.56. Therefore, pay close attention to the effective breakthrough of this point in the short term. If it continues to not break, conservatively stop profit in batches to lock in part of the profit, and follow BTC to step back and cover the position #BTC☀
Now BTC is still hovering around 91000, which also gives other currencies a chance to catch up. However, seeing that the pressure on BTC is a bit heavy, it is difficult to break through, so we also make some adjustments in operation.
This time we are going to rebound and take short positions. We can pay attention to the position of 91500~91800 above. This is the obvious strong resistance of BTC at the hourly level. If BTC can rebound here, it is an opportunity to enter the short position.
This position is not easy to break through at present. The shock of BTC makes Zijin flow to other cottages. After the cottages catch up, BTC will also be consolidated before it will continue to rise. It is likely to touch 95000. Below, we will see the support range of 87200~86200. #BTC☀
The trend of positioning itself as a meme has still spread to every corner of the cryptocurrency circle
Exploding the market On the morning of November 14th, Beijing time, Litecoin, which had faded out of the market for a long time, suddenly released an official tweet:
“Given the current market environment, I now consider myself a meme coin.”
As soon as the tweet came out, it immediately triggered a craze in the crypto market. The recent trend of Meme coins can be described as hot, and the narrative of "anti-VC and exchange collusion project" is also very solid. The old PoW Litecoin now has a meme-like tweet that has further ignited market sentiment.
Litecoin rose by 10% in a short period of time. At this time when Memes such as Pnut, Pepe and Bome began to rise with the rise of Bitcoin, the market's fomo sentiment for Meme coins was also accumulating, and the outbreak of Litecoin undoubtedly proved this.
Pipe Network raised 10 million US dollars and became a hot topic!
▌Pipe Network basic information overview Pipe Network is a decentralized content delivery network (CDN) built on Solana. This secure, scalable, and highly localized solution enables permissionless contributors to deploy Points of Presence (PoPs) in targeted regions, ensuring lightning-fast access to high-quality media and real-time applications. Tags: infrastructure streaming
-Heat value change trend-
▌Pipe Network Project Background Pipe Network is built on the Solana blockchain, which is favored for its high throughput, low transaction costs, and speed. The Solana integration enables decentralized control of the network through smart contracts, ensuring that all transactions, whether payments for data bandwidth or network upgrades, are processed securely and efficiently.
The dollar index surged and triggered a correction in the cryptocurrency market. Meme remains popular. Can the all-in Meme usher in the "Palace" moment? Controversy over the timing of entry!
The recent price trend of Bitcoin has shown a certain regularity. After reaching $93,300, it experienced a wave of correction and is currently maintained at around $87,400 amid alternating long and short swings. Overall, the basic judgment of maintaining a bullish strategy during the day remains unchanged. The current crypto market is polarized. Bitcoin's market panic and greed index has reached 80, which shows that market sentiment is still optimistic and investors generally expect BTC to continue to rise. Therefore, the pullback of Bitcoin and the recently popular Meme coin can be regarded as a healthy market adjustment.
Chiang Mai is a large international village where Vitalik has recently lived for about 42 days. For him, who flies 55 times a year on average and moves almost every week, it is rare for him to live in a city for such a long time. During these 42 days, a bottom-up, decentralized, and increasingly populous social life experiment took place. Eventually, more than 1,000 blockchain practitioners from all over the world arrived in Chiang Mai and spontaneously formed 8 or 9 cities and villages (Pop-Up City). They were going to build a "Web3 City" here for six weeks.