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Magic Eden (ME) - TGE - 10 Dec 2024 Magic Eden's upcoming Token Generation Event (TGE) is significant because it marks the official release of their tokens to initial investors and the public. TGEs often bring high interest from the crypto community, as they represent a fresh opportunity to invest in a new project. The buzz around this event could lead to increased buying pressure, especially if investors believe in the long-term potential of Magic Eden. This initial demand can cause a price increase post-TGE. More information can be found on their official Twitter announcement.
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woooow my farscore 0.04 (8073)
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I joined Farcaster on 23rd April 2024 which was 7 months, 3 days ago. Since then, 43.6 percent of users have joined after me frame by @cashlessman.eth
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/co airdrop
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I just won 117 $DEGEN in Gate of Degen! @degengate
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I am a level 4 caster! Powered by @airstack Social Capital Rank.
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Turnover at SEC continues as Lizárraga announces January exit SEC Commissioner Jaime Lizárraga will step down on January 17, following SEC Chair Gary Gensler's planned departure, which signals a shift in the agency's leadership. Lizárraga, who joined the SEC in the 1990s and worked on significant financial legislation, is leaving to support his wife's cancer battle. Gensler's tenure was known for strict crypto regulation, which could change under new leadership as President-elect Donald Trump takes office. Financial firms are already responding, with several filings for Solana exchange-traded funds submitted just as Gensler’s departure was announced. The SEC is poised for a potentially friendlier stance on digital assets.
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Thursday triumph: guessed it right and now I am eligible to earn $LUM $LUM! 🎞️ Try your hand at today’s game. Game powered by @percs.
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Trump’s team is considering a new White House role focused on crypto policy: Bloomberg President-elect Donald Trump's team is considering creating a White House role focused on crypto policy, potentially a "crypto czar." Trump, who embraced crypto during his campaign, plans to overhaul related policies, including replacing SEC Chair Gary Gensler and forming a Crypto Presidential Advisory Council. His nominations for key posts include crypto-friendly figures like Howard Lutnick for Commerce Secretary and RFK Jr. for Health Secretary. Prominent crypto executives, including Ripple's Brad Garlinghouse and Coinbase's Brian Armstrong, have engaged with Trump's transition team on appointments. This signals a potential shift in U.S. crypto regulation under Trump's administration.
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Claiming my @socialtoken airdrop and crediting @ma3x with my social airdrop for being a good friend
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Here’s what happened in crypto today 1. The OCC is set to launch spot Bitcoin ETF options on November 19, signaling growing institutional interest, with Nasdaq prepared to list them. 2. Spot Bitcoin ETFs saw $1.67 billion in weekly inflows (Nov. 11–15), marking six consecutive weeks of growth and bringing total assets to $95.4 billion. 3. Solana-based apps experienced record fees amid a memecoin resurgence, with Raydium and Jito leading revenue generation, and SOL hitting $242. 4. Ether ETFs also saw positive inflows, reaching $682 million over the past three weeks. 5. Senator Cynthia Lummis proposed converting U.S. gold reserves to Bitcoin to establish a strategic reserve, aiming to hedge against dollar devaluation. 6. BlackRock’s iShares Bitcoin Trust leads ETF inflows, while Grayscale Bitcoin Trust faces significant outflows.
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Solana About To Target $250 If It Breaks Key Supply Level – Analyst Solana (SOL) is experiencing high volatility, fluctuating between $200 and $225, with $225 serving as a critical resistance level. Analyst Carl Runefelt predicts a breakout above $225 could spark a 12% rally toward $246, potentially paving the way for Solana to challenge its all-time high of $258. Consolidation above $225 would confirm bullish momentum, while holding the $200 support level is vital to sustaining the uptrend. Bitcoin's near all-time-high rally could act as a catalyst for Solana’s breakout. The coming days are crucial as SOL tests its supply levels, which may determine its direction in this bullish cycle.
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I'm Ⓜ️oxiefers 💜
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WIN 5K MOXIE!
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Bitcoin To $800K? Galaxy Digital CEO Unveils Bold 5-10 Year Forecast Bitcoin's short-term bullish momentum is fueled by US President Trump’s support, with analysts like Mike Novogratz projecting its price could reach $800,000 in 5–10 years, equaling gold's $16 trillion market cap. Novogratz suggests Bitcoin could hit $500,000 if the US adds it to its Treasury reserves, triggering global government adoption. The asset's rising valuation recently surpassed silver and Saudi Aramco, with younger investors favoring Bitcoin as a digital store of value. While optimistic, Novogratz doubts the US will adopt Bitcoin as a reserve asset due to political hurdles. He urges the government to embrace Bitcoin and promote digital assets.
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BlackRock’s iShares Bitcoin Trust Sees Explosive $3 Billion Inflows Amid BTC Surge BlackRock’s iShares Bitcoin Trust (IBIT) saw over $3 billion in inflows recently, with daily investments between $206 million and $1.1 billion, coinciding with Bitcoin’s surge to around $90,700. Spot Bitcoin ETFs in the U.S. reached a cumulative asset total of $90 billion, propelled by $6 billion in gains in one day. Crypto products saw $1.98 billion inflows following the recent U.S. presidential election, bringing total assets in crypto investment products to a record $116 billion.
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CoinDesk Bitcoin Price Index Gained 10.27% to $87115.45, Record High — Data Talk Bitcoin reached a new all-time high today, closing at $87,115.45, up $8,113.38 or 10.27%. This marks its largest daily percentage gain since March 2023 and its best two-day performance since that period. Month-to-date, Bitcoin has surged 24.54% and is up 104.8% year-to-date. The intraday high hit $87,491.28, also a record.
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Important Binance Announcement Concerning Ripple (XRP) and Dogecoin (DOGE) Traders: Details Binance added XRP and DOGE to its Smart Arbitrage program, launching a promotion with 45,000 USDT in rewards for participants. Users holding a Smart Arbitrage portfolio for over 72 hours can earn a 10% Bonus APR and receive a 45% trading fee discount for higher investments. DOGE rose by 5%, trading at $0.20, benefiting from increased market optimism, while XRP remained stable around $0.55. The Smart Arbitrage program leverages futures and spot market differences, allowing users to earn through funding fees with minimized price exposure.
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Persistence One (XPRT) - Beta Testnet Launch - 11 Nov 2024 Persistence One is launching its Beta Testnet, opening the door for users to try Bitcoin cross-chain swaps. Starting with partner access, it will later allow public participation through daily tasks. This could create interest in XPRT, as more people test the platform, creating user feedback and potential improvements. Increased participation and visibility often lead to heightened demand and possible price movements. The broad access and experimental approach aim to make the platform user-friendly, engaging the community in development.
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Ethereum researchers drop EigenLayer advisor positions, citing neutrality complaints Ethereum researchers Justin Drake and Dankrad Feist resigned as advisors for the restaking platform EigenLayer, citing a renewed focus on Ethereum's core development. Their advisory roles, disclosed in May, had sparked concerns over potential conflicts of interest due to EigenLayer's high ranking in Total Value Locked (TVL). Drake expressed regret over his involvement, stating he would abstain from future advisorships to maintain neutrality. Ethereum Foundation director Aya Miyaguchi had previously announced plans to formalize a conflict of interest policy. Following the resignations, EigenLayer's token price fell over 10%
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