Brave Spirit

@bravespirit

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I just won 884 $DEGEN in Gate of Degen! @degengate

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Ilon Musk proposes replacing the Federal Reserve with a Magic 8-Ball According to Odaily, Ilon Musk recently took to Platform X to propose a rather unconventional idea. He suggested that replacing the Federal Reserve with the Magic 8-Ball could result in significant cost savings. The Magic 8-Ball, known for giving out random answers, is a toy that Musk believes could serve as an alternative to a traditional financial institution.

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Justin Sun acquires iconic artwork for $6.2 million dollars According to PANews, Tron founder Justin Sun has successfully acquired Maurizio Cattelan's iconic work "The Comedian" for $6.2 million. Sun described the work as a cultural phenomenon that connects art, internet culture and the crypto community. He believes the work will spark new discussions and become a part of history. Sun also announced his intention to personally eat a banana, which is the centerpiece of the artwork, in the coming days. The act is intended as a unique artistic experience and a tribute to the artwork's significant place in art history and popular culture. Sun's acquisition and planned performance highlights the intersection of traditional art and contemporary digital culture, emphasizing the evolutionary nature of artistic expression in today's world.

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Cross-network transfers to Solana exceeded $200 million per week According to Odaily, the latest data shows that cross-chain transfers to Solana over the last week exceeded $200 million. It is noteworthy that a third of these funds were transferred using the cross-chain deBridge protocol.

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Cryptocurrency outperforms traditional assets amid political optimism According to Odaily, cryptocurrencies outperformed traditional assets this week, helped by growing optimism around U.S. policy initiatives and a steady decline in bitcoin supply. The Bitwise Europe report attributes the surge to discussions about the possible creation of a strategic bitcoin reserve by the United States. Pennsylvania has already passed legislation supporting such reserves, prompting speculation that other states may soon follow suit. Betting activity on Polymarket has reinforced these expectations, with the likelihood of a national bitcoin reserve soaring to over 50% last week.

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Satoshi Action Fund releases bitcoin reserve policy model According to BlockBeats, Dennis Porter, CEO of Satoshi Action Fund, announced on social media on November 18 that the organization has made its model bitcoin strategic reserve policy model publicly available for download. This development follows the recent passage of the "Bitcoin Rights" bill by the Pennsylvania House of Representatives on October 25. The bill, drafted by Bitcoin advocacy group Satoshi Action Fund, is a significant attempt to help lawmakers understand the nuances of blockchain technology and Bitcoin.

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Solana surpasses Sony and Medtronic in global market capitalization According to BlockBeats, as of November 17, 8marketcap data shows that Solana's market capitalization has reached $112.31 billion. This significant valuation puts Solana ahead of large corporations like Sony and Medtronic in terms of global asset market capitalization. Solana is currently ranked as the 165th largest asset by market capitalization in the world.

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Today is SAMBO day🤝👊🙌

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Mint Venice to Venice Film Trailer

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The launch of the Solana ETF is likely to take place by the end of next year, according to a VanEck executive According to Odaily, Matthew Siegel, head of digital asset research at VanEck, expressed optimism about the potential launch of the Solana ETF by the end of next year. The announcement was made by Nate Geraci, president of The ETF Store, on Platform X. Siegel's comments underscore the growing interest and anticipation surrounding the integration of Solana into the ETF market, which could mark a significant development in the digital asset space.

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The NFT market is booming as whales increase activity on the BNB network According to Cointelegraph, the non-fungible token (NFT) market on the BNB Chain has experienced a resurgence, largely driven by whale activity. Despite a decline in the average daily number of NFT buyers, whales have continued to engage in buying, selling, and trading on the network. Data from blockchain analytics firm Messari reveals that NFT volumes on the BNB Chain increased to a daily average of $600,400 in the third quarter. This period also saw a rise in daily average sales to 8,900, marking a 47% increase from the previous quarter. However, the average daily buyers fell to 2,300, a 53% decrease, indicating that the increased volume was primarily due to whale transactions

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Spot DOGE ETF filing expected, 2025 promises to be an eventful year According to Odaily, Nate Geraci, president of The ETF Store, recently shared insights about Platform X, suggesting that the use of a spot DOGE ETF seems inevitable. Geraci expects 2025 to be a landmark year in this context

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Binance launches USDT investment product offering returns of up to 19% per annum Binance has introduced a flexible USDT Simple Earn product that offers users an annual percentage rate (APR) of up to 19%, including a 7% Bonus Tiered APR. This initiative allows investors to earn rewards that accrue every minute, with the principal protected by Binance.

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Binance's Memecoin launch showed strong market growth in 2024 due to 7594% growth in NEIRO Binance has launched 15 Memecoin projects in 2024, and according to a report by network analyst @ai_9684xtpa on Odaily, 80% of these tokens have seen a significant increase in market capitalization since listing on Binance. Notably, NEIRO stands out, achieving a staggering 7594% increase in value, making it the highest performing among these projects.

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Ethereum surpassed Johnson & Johnson in global market capitalization According to BlockBeats, Ethereum's market capitalization has reached approximately $383.09 billion, surpassing Johnson & Johnson. This significant milestone places Ethereum in 33rd place in the global asset market capitalization ranking.

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ASA calls for the resignation of SEC chairman Gary Jensler According to Foresight News, the American Securities Association (ASA) has called for the immediate resignation of Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC). Chris Iacovella, president and CEO of ASA, emphasized that voters have expressed a desire for a new direction for the country, and Gensler should respect that decision by stepping down. Iacovella said the move is necessary to restore trust and confidence in the SEC among American working families, retirees and small businesses.

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Mint Who are you?

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Altcoin season is heating up as bitcoin's dominance fell more than 2% in the 8 hours after Trump's election victory Bitcoin's (BTC.D) dominance has gone south, falling more than 2% in just eight hours and now standing at 59.77%, according to TradingView data provided by BlockBeats. The drop came after former President Donald Trump secured a winning comeback in the U.S. election, leading to another record high for bitcoin and fueling interest in altcoins. Many are now wondering if this could signal the start of the "altcoin season".

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Solana rally gains momentum as traders target $200 target amid bitcoin gains According to Cointelegraph: Solana (SOL) rose 5.3% and traded above $167 after Bitcoin's election-induced rally to $70,550. With traders setting a target closer to $200 for SOL, blockchain data and derivatives indicators point to the potential for further gains in the near term. Solana's recent gains highlight its resilience and correlation to Bitcoin's performance, attracting traders looking to capitalize on the broader crypto rally around the U.S. presidential election.

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