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🔹️CRYPTO UPDATES🔹️

@adi78

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🔹️CRYPTO UPDATES🔹️
@adi78
➡️ Bitcoin ETF trading surges, boosting altcoins like XRP and PEPE, while XYZVerse, the first all-sport memecoin, targets 20,000% growth. 💠 The recent surge in spot Bitcoin ETF trading has shattered previous records, marking a pivotal moment in the cryptocurrency landscape. This unprecedented activity is sending waves through the market, sparking speculation about which altcoins might be poised for significant growth. https://crypto.news/record-breaking-spot-bitcoin-etf-trading-implications-for-the-upcoming-altcoin-season/
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@adi78
In today’s edition of the weekly recap: Bitcoin clinches a new all-time high after the U.S. election; crypto ETFs see record inflows; and observers speculate who might replace SEC chair Gary Gensler. https://crypto.news/trump-bitcoin-etf-sec-chair-replacement-weekly-recap/
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@adi78
NFT sales rise 16.1% to $96.1m, Bitcoin network dethrones Solana https://crypto.news/nft-sales-rise-16-1-to-96-1m-bitcoin-dethrones-solana/
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@adi78
➡️ Bitcoin crossed $77,000 on Friday, Nov. 8, setting a new all-time high for the second consecutive day. 💠 Bitcoin reached a new all time high of $77,020 roughly 48 hours after Donald Trump won the U.S. presidential election, along with the election of several pro-crypto policymakers to Congress. With a market cap of $1.5 trillion, Bitcoin now ranks as the world’s ninth most valuable asset, surpassing Mark Zuckerberg’s Meta. https://crypto.news/bitcoin-at-77k-48hrs-after-us-elections/
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@adi78
➡️ The Ethereum Foundation has revealed its financial 2024 report, outlining its dedication to holding the “vast majority” of the treasury in ETH. 💠 Ethereum makes up nearly all of the Ethereum Foundation’s treasury, with the non-profit revealing in its latest financial report that 99% of its $788.7 million crypto holdings are held exclusively in ETH. https://crypto.news/eth-nears-3k-as-ethereum-foundation-bets-on-its-long-term-perspective/
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@adi78
XRP’s price rose for two consecutive days as traders awaited the closely watched U.S. election, which could have significant implications for Ripple. https://crypto.news/xrp-price-rises-as-analyst-sees-a-big-ripple-bull-run-ahead/
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@adi78
As the Fed meeting and elections loom, could Bitcoin finally surge past $70k, or are bearish forces too strong to let BTC rise? https://crypto.news/u-s-votes-bitcoin-flirts-with-70k-which-way-break/
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@adi78
➡️ In today’s edition of the weekly recap: 21Shares files for an XRP ETF; Binance founder Changpeng Zhao makes first public appearance after prison; Bitcoin got close to its all-time high; on-chain tokenization gaining steam. https://crypto.news/xrp-etf-czs-returns-bitcoin-all-time-high-weekly-recap/
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@adi78
➡️ Crypto VC funding: Kraken bags $42.5m from Optimism, Glow Labs raises $30m 💠 Kraken has disclosed its latest decision to launch Ink, a layer-2 on the optimism blockchain. As a part of the deal, Optimism has announced that they will offer $42.5 million, or 25 million OP tokens. https://crypto.news/crypto-vc-funding-kraken-bags-42-5m-from-optimism-glow-labs-raises-30m/
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@adi78
➡️ UBS Asset Management has introduced its first tokenized investment fund on Ethereum. 💠 Tokenization is a process that converts traditional assets, like stocks or bonds, into digital tokens that can be managed on a blockchain, the decentralized technology underlying crypto like Bitcoin. https://crypto.news/ubs-launches-first-tokenized-investment-fund-on-ethereum/
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@adi78
Shiba Inu, the second-biggest meme coin in the industry, was trading at $0.000018, where it has been for the past few weeks. It has gained about 70% from its lowest level this year. https://crypto.news/shiba-inu-preps-for-a-big-rally-as-shibarium-accounts-jump/
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@adi78
VISTA rose 74% over the last day as decentralized exchange Ethervista launched its token deployer Etherfun. https://crypto.news/vista-up-over-60-following-launch-of-pump-fun-alternative-etherfun/
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@adi78
MrBeast and members of his YouTube influencer circle allegedly profited millions of dollars from questionable crypto deals, according to a group of on-chain investigators. https://crypto.news/youtuber-mrbeast-allegedly-netted-23m-from-crypto-scams/
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@adi78
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@adi78
Indian crypto exchange CoinDCX has launched the world’s first decentralized custody solution, giving users direct control over their crypto assets. https://crypto.news/coindcx-unveils-decentralized-custody-solution-following-wazirx-hack/
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@adi78
The Kingdom of Bhutan has moved Bitcoin to a centralized crypto exchange for the first time since July 1. Arkham data confirmed that Bhutan’s government sent 929 Bitcoin Bitcoin Bitcoin, worth over $66 million, on Oct. 29 to a Binance deposit address, slightly reducing its substantial crypto holdings. Officials initially moved 100 BTC, or $7.3 million, to the exchange in what appeared to be a test transaction. Bhutan subsequently transferred 839 BTC, valued at around $59 million, in a follow-up transaction. https://crypto.news/kingdom-of-bhutan-deposits-66m-in-bitcoin-on-binance/
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@adi78
Matthew Sigel, the head of digital assets at VanEck, says the current market setup is very bullish for Bitcoin, the world’s flagship digital asset. https://crypto.news/vanecks-matthew-sigel-this-is-a-very-bullish-setup-for-bitcoin/
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@adi78
The FTX bankruptcy estate has agreed to a $228 million settlement with crypto exchange Bybit and its investment division Mirana, as part of its efforts to recover assets for its creditors. https://crypto.news/ftx-agrees-to-228-million-settlement-in-bybit-lawsuit/
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@adi78
Emory University, a private research institution in Atlanta, has reported $15.1 million worth of holdings in Grayscale Bitcoin Mini Trust. https://crypto.news/emory-university-holds-15-1m-in-grayscale-bitcoin-mini-trust/
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@adi78
Tether CEO Paolo Ardoino denied reports of lawmakers investigating the major cryptocurrency company over potential violations of anti-money-laundering and sanctions laws. https://crypto.news/tether-ceo-denies-reports-as-us-probes-and-weighs-sanctions/
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