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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
🇺🇸🥳 Two a16z founders donated $2.5 million to a pro-Trump PAC. bloomberg
Elon Musk also donated $75 million to support Trump.
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💸 #AVAX Social Protocol Arena completes $2 million pre-seed funding round. avax
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🗣 CEO of BlackRock: #BTC— A New Asset Class
Larry Fink asserts that Bitcoin has become an independent asset class, comparable to gold. Elections will not impact its development.
Fink draws an analogy to the mortgage-backed securities market, which initially developed slowly but eventually reached a volume of $11 trillion.
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NEW: 💰 Adam Back's company Blockstream raises $210 MILLION to buy more #Bitcoin for its treasury and fund its other initiatives 🚀
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📈 CryptoRank: #SOL TVL Nearing Previous Highs
The recent TVL rise on the Solana appears more organic and has sustained longer than previous surges. The stress test Solana endured at the end of 2022 boosted confidence in its ability to navigate crises. As a result, the current levels could become the new norm for the Solana ecosystem.
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🐶📉 #DOGE holders are rapidly falling in number. Since October 8th, there has been a net drop of -106.6K non-empty DOGE wallets. Traders have expressed frustration toward the largest meme coin's performance, and have been increasingly looking elsewhere for quick pumps.
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💰 Praxis commits $525 million to fund special economic zones to support free development of crypto, artificial intelligence and biotech - WSJ
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🕵️♂️ Address associated with F2pool co-founder today contributed 2044 #ETH and 155,720 #LINK on Binance
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💰 #XRP Bitnomial, a crypto derivatives exchange, announced Tuesday it has raised $25 million in a funding round led by Ripple Labs, and also launched a perpetual futures trading platform in the United States. theblock
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⛏🙋♂ FalconX launched a service for miners that automatically converts digital assets into $. theblock
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🇭🇰👮♂️ Hong Kong Police Bust Crypto Fraud Syndicate
27 people have been arrested and cash and property related to the scam have been confiscated. The syndicate used deepfake technology to convince people to invest in cryptocurrency.
Preliminary damages are estimated at HK$360 million (around US$47 million). occrp
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💸 Airdropped Project Price Trends on Binance 2024
Crypto remains volatile, especially for airdropped tokens
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🕵️ A wallet related to DiscusFish deposited 2,044 #ETH ($5.45M) and 155,720 #LINK ($1.85M) to Binance 2 hours ago.
The wallet has deposited a total of 12,347 ETH ($30.4M) to Binance since Oct 2.
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📊 #BTC Santiment: Crypto markets are extra volatile today as Bitcoin has ranged between $67.8K and $64.8K in just the past 2.5 hours. Crowd sentiment is still firmly bullish toward Bitcoin (seeing 2x the bullish comments for every bearish one). #SOL's traders are notably euphoric as well.
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📊👀 #BTC Glassnode report: There is a noticeable discrepancy between supply and demand as the Bitcoin market has been in a range for over seven months now.
Given the low volumes in the on-chain and futures markets, and a HODL-dominated environment, the stage is set for increased volatility in the near future
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📊 Santiment: Waiting for the crowd to reach the BTC price of $70,000 could stop the rally. Historically, a surge in crowd optimism has caused a correction, while FUD, on the contrary, has caused an increase.
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💰 Vue Protocol announced on the successful completion of a pre-seed and seed round of financing in the amount of $6 million with the support of Eureka Capital, PAKA, Genesis Ventures and AU21 Capital.
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📈 #TRX Monthly fees on TRON are at all-time highs ~$200m
Fees: proxy for users' willingness to pay for the product that the chain offers (blockspace)
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👀 #WLFI Trump touts new crypto token after initial sales prove dud. coindesk.com
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🍿 #BTC Tesla transferred $225 million worth of BTC to unknown wallets for the first time in 2 years
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🍿 Grayscale has filed to convert its Digital Large Cap Fund containing #BTC, #ETH, #SOL, #XRP and #AVAX into an #ETF
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🇺🇸🫠 #WLFI Trump’s coin sale misses early targets as crypto project’s website crashes. cnbc
The token, dubbed WLFI, is only available for sale through World Liberty’s official site, which suffered multiple and lengthy outages over the course of the day.
Blockchain data shows there are more than 4,300 unique wallet addresses holding the token, or roughly 4% of the total number of people who registered to buy the coin.
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📊👀 Top growing coins in terms of crowd interest are #LOOKS, #AVAX and #BEAM:
▪️ LooksRare (LOOKS): The NFT marketplace is hosting several notable prize draws, sparking the enthusiasm of traders;
▪️ Avalanche (AVAX): The 12th largest asset by market capitalization is up +11.1% over the past 5 days, with many noting its outperformance compared to other altcoins;
▪️ BEAM attracts the attention of users interested in privacy-oriented cryptocurrencies. Additionally, there are mentions of Beam's development progress and community involvement, indicating active discussion about its features and market positioning.
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📊👀 #BTC's 200-day SMA at $63,336 is within a key demand zone of $61,770 to $63,728.
In this zone, approximately 1.1 million BTC were previously purchased by 2.5 million addresses, according to IntoTheBlock
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🖼 Top #NFT Collections by Trading Volume Growth in the last 30D
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🐳 CQ: Last week, institutional wallets, excluding miners and exchanges, accumulated >67,000 #BTC.
Large investors continue to gobble up coins while smaller investors reduce their positions.
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💰 Opacity Network raised $12 million in a seed round led by Archetype and Breyer Capital, with participation from a16z. theblock
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🔝 Top Exchanges by Weekly Visits
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🗽🚀 #LTC #ETF An application from Canary for a spot Litecoin ETF appeared on the SEC website
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🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +7,494 BTC (+$490.19M) 🟢
Fidelity inflows 3,627 BTC ($237.27M) and currently holds 183,695 BTC ($12.02B);
#ETH-ETFs:
NetFlow: +2,485 ETH (+$6.38M) 🟢
Blackrock inflows 5,453 ETH ($14.01M) and currently holds 419,621 ETH ($1.08B).
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