On Nov 11, 2024, 03:29 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 81,000 USDT and is now trading at 80,989.570313 USDT, with a narrowed narrowed 4.69% increase in 24 hours.

Cathie Wood, founder of Ark Fund, wrote on X that the United States should relax regulations and weaken the influence of institutions such as the Securities and Exchange Commission (SEC) and the Federal Trade Commission (FTC). Cut government spending to make room for the private sector. Implement tax cuts and focus on technological innovation. Doing so may boost the US economy more powerfully than during the "Reagan Revolution." Elon Musk retweeted the post and called the proposals "Great."

According to Crypto Briefing: Bitcoin's ascent to $80,000 is primarily fueled by strong institutional demand via spot Bitcoin ETFs, marking a significant departure from previous retail-driven rallies. Gemini co-founder Cameron Winklevoss attributes this price surge to consistent inflows from institutional investors through spot Bitcoin ETFs, rather than retail FOMO.Record Institutional Inflows Post-ElectionFollowing the U.S. presidential election on November 5, Bitcoin ETFs saw a sharp rise in inflows, amassing approximately $2.3 billion within three trading days. Farside Investors reports that a group of eleven spot Bitcoin ETFs attracted $622 million in net inflows on Wednesday alone. BlackRock’s iShares Bitcoin Trust (IBIT) achieved record trading volumes, with over $1 billion in net inflows on Thursday, increasing its assets under management to more than $33 billion — surpassing BlackRock’s own iShares Gold Trust.A Classic Supply-Demand DynamicInstitutional demand, coupled with Bitcoin’s recent halving event that restricts new supply, has created a strong supply-demand dynamic. Bitwise CIO Matt Hougan suggests this combination could push Bitcoin toward six figures. He also anticipates that global monetary shifts, including China’s economic stimulus and recent interest rate cuts by the Fed and Bank of England, will further support Bitcoin’s upward trajectory.Hougan views this “sticky” institutional demand as a sign of long-term bullish sentiment, suggesting that the current market cycle is still in its early stages, with Bitcoin positioned for continued growth.

According to The Data Nerd, 5 hours ago, whale 0x5d0 withdrew 1,900 ETH (about 6.02 million US dollars) from Binance, and a total of 10,660 ETH (about 33.75 million US dollars) was withdrawn in two days.

@ai_9684xtpa X : 2024년에 출시된 바인낸스의 밈코인 프로젝트 목록 바이낸스는 2024년부터 총 15개의 밈코인 프로젝트(선물 및 현물 포함)를 상장했다. 토큰의 80%는 바이낸스에 상장된 후 시장 가치가 크게 증가했으며, $NEIRO는 7594%까지 증가했다. 11일 암호화폐 시장동향 .. 비트코인 계속 상승 · 주요 알트코인은 ETH-SOL-DOGE 급등 11월 11일 암호화폐 소식 모음 금주 토큰 락업 해제 목록 source: https://coincode.kr/27046

Blockchain analytics firm Dune made three announcements at its DuneCon event in Bangkok, Thailand on Monday morning, including a new platform, the company’s latest acquisition, and new metrics designed to track meaningful blockchain adoption. Launched today, Dune Echo is a new product from the analytics firm that connects developers with real-time blockchain data on 30 chains, including Ethereum, its multiple L2 networks, and Solana, which is currently in beta. Data on token balances and transaction queries is available within 300 milliseconds of block propagation. Dune also announced the acquisition of a16z-backed smlXL, a blockchain company whose product can simulate live blockchain transactions. The value of the acquisition was not disclosed in the announcement. (The Block)

Crypto PAC Fairshake-backed candidates saw success in the 2024 cycle, though there were setbacks. source: https://coincu.com/291397-crypto-pac-fairshake-seeing-candidates-lose

08 November 2024Macro/TradFiDonald J Trump has been elected the 47th President of the U.S.The State of Michigan Retirement System has reported over US$11M of exposure to Ethereum ETFs.The Federal Reserve has cut interest rates by 0.25%, bringing the federal funds rate to between 4.5% and 4.75%.The Bank of England has cut its benchmark rate by 0.25%, from 5% to 4.75%, in line with market expectations.The Monetary Authority of Singapore (MAS) has announced plans to support the commercialization of tokenization and plans to launch a wholesale CBDC testnet for financial institutions.An unnamed UK pension fund has reportedly invested 3% of its total assets into Bitcoin.JPMorgan has rebranded its Onyx unit, which focuses on tokenization and blockchain, to Kinexys. The bank plans to introduce on-chain foreign exchange capabilities as early as the first quarter of 2025.CryptoL1/L2:Bitcoin reached a new all-time high of over $76,000, exceeding its previous record of approximately $73,800.Bitcoin mining difficulty surged by 6.2%, reaching an all-time high of over 100 trillion this week.The Ethereum Foundation has introduced the Mekong Testnet for the upcoming Pectra upgrade.Eclipse has launched its public mainnet blockchain on Thursday, introducing a unique Ethereum layer-2 network that uses the Solana Virtual Machine.Solana recorded its highest-ever monthly number of active addresses, over 123 million, in October.DeFi:Decentralized derivatives startup SynFutures has unveiled its Perp Launchpad, a platform specifically designed for launching perpetual futures markets.DeFi tokens such as Aave and Uniswap experienced significant gains following Donald Trump's victory in the U.S. election.Pump.fun has achieved a new monthly all-time high in revenue, generating $30.5 million amidst the AI and memecoin frenzy. Crypto market maker Wintermute has submitted a new governance proposal aimed at enabling the fee switch for Ethena (ENA) holders.Others:Mt. Gox has transferred $2 billion worth of Bitcoin, fueling speculation about potential additional repayments.Chinese tech giant Huawei has integrated the digital yuan CBDC into its latest operating system, HarmonyOS NEXT, making it accessible to up to 1 billion users.Crypto.com plans to broaden its offerings by introducing a stablecoin and an exchange-traded fund (ETF) product in 2025.The French gambling regulator Autorité Nationale des Jeux (ANJ) announced that it is examining the operations of Polymarket.Latest Binance Research Publications Check out our latest publications:Monthly Market Insights - November 2024Understanding the Rise of MemecoinsSpot ETFs in Crypto MarketsExplore our Binance Research website for more project and macro research.For more frequent market updates and insights, follow us on Twitter @BinanceResearch.That’s a wrap!Binance ResearchAbout Binance Research: Binance Research is the research arm of Binance, the world's leading cryptocurrency exchange. The team is committed to delivering objective, independent, and comprehensive analysis and aims to be the thought leader in the crypto space. Our analysts publish insightful thought pieces regularly on topics related but not limited to, the crypto ecosystem, blockchain technologies, and the latest market themes.General Disclosure: This material is prepared by Binance Research and is not intended to be relied upon as a forecast or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, cryptocurrencies or to adopt any investment strategy. The use of terminology and the views expressed are intended to promote understanding and the responsible development of the sector and should not be interpreted as definitive legal views or those of Binance. The opinions expressed are as of the date shown above and are the opinions of the writer, they may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by Binance Research to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Binance. This material may contain ’forward looking’ information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. This material is intended for information purposes only and does not constitute investment advice or an offer or solicitation to purchase or sell in any securities, cryptocurrencies or any investment strategy nor shall any securities or cryptocurrency be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction. Investment involves risks.

Bitcoin price is up over 5% and trading above $80,000. BTC is rising and might aim for a move above the $82,000 resistance zone in the near term. Bitcoin started a fresh surge above the $78,500 zone. The price is trading above $80,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $80,250 on the hourly chart of the BTC/USD pair (data... source: https://www.newsbtc.com/analysis/btc/bitcoin-price-hits-80k/

Dune announced its latest acquisition and launched a new platform for real-time blockchain data, dubbed Echo, on Monday. source: https://www.theblock.co/post/325364/dune-buys-smlxl-to-expand-real-time-blockchain-data-offering?utm_source=rss&utm_medium=rss

The future of cryptocurrency is bright in the United States, bringing the best of cryptocurrency to the world

A crypto expert and gang leader was assassinated in broad daylight under the hands of his own man at one of the busiest airports in the country.

Delabs Games, creator of Rumble Racing Star, is diving into Telegram’s TON ecosystem with a Ragnarok release in Q1 2025, followed by Boxing Star in Q3—broadening its gaming presence and fan engagement on the platform.

Charles Hoskinson has launched a policy office to push for clearer crypto regulations in the US, hoping to work with the incoming Trump administration. The move has sparked a 35% rise in Cardano's ADA price, reflecting investor optimism for regulatory progress.

In this article, we will analyze in depth the regulatory trends and policy expectations of the new US government from the perspective of A16Z and Ai Ying.

Elon Musk hinted at support for abolishing the Federal Reserve by sharing a post from Senator Mike Lee, who called for greater executive oversight of US monetary policy. Musk’s apparent endorsement has stirred debate, with many questioning the wisdom and impact of this proposal.

Golden Finance launches the 2505th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

On November 5, dozens of Bitcoin enthusiasts, people wearing MAGA hats, and local residents who heard the news gathered at PubKey, a Bitcoin-themed bar in Greenwich Village, New York, and they all paid attention to the latest developments of the election.

Binance, exchange, regulation, why is Binance's coin listing dilemma an inevitable outcome? Golden Finance, the redemption plan is very cruel, the only way is to stop listing coins.

Once upon a time, Telegram Miniapp became the focus of the blockchain field thanks to the explosive growth of Clicker games.