According to CoinGecko data, the total market value of cryptocurrencies has exceeded 2.8 trillion US dollars, and is currently 2.841 trillion US dollars, with a 24-hour increase of 3%. In addition, BTC has a market share of 55% and ETH has a market share of 13.6%.

Grok will soon be free (with some restrictions) and will be available in some regions first. (X Daily News)

As the price of Bitcoin breaks through $79,000, MicroStrategy's Bitcoin holdings have a floating profit of more than $10 billion. As of September 19, 2024, MicroStrategy holds a total of 252,220 Bitcoins, with a total purchase cost of approximately $9.9 billion and an average price of approximately $39,266.

Chainlink (LINK) is currently experiencing significant momentum in the cryptocurrency market, leading to speculation that its value may increase to $30 in the near future. LINK, which is currently trading at approximately $13.45, has recently experienced a surge in price momentum, which is attributed to a number of critical factors that indicate additional upside potential. Related source: https://www.newsbtc.com/news/chainlink-125-target-in-sight-as-whale-on-chain-activity-soar-analyst/

Solana co-founder Anatoly Yakovenko spoke in a recent interview about the ecosystem’s unique position in the blockchain space and contrasted its deployment with L2 scaling solutions and other L1 blockchain systems. Previously, he raised the question of what the vitality of the Ethereum ecosystem would be like without the contribution of L2 solution Base. The question was raised while observing Base’s growth metrics, especially in terms of user activity and transaction volume. “In my opinion, scalability, infrastructure focus, and transaction efficiency are the three main strengths of Solana,” Yakovenko elaborated, recognizing the challenges Solana faces in the context of the continuous evolution of blockchain technology and further development of the platform. Yakovenko highlighted Solana’s unique architecture, which aims to democratize access to transaction validation. Unlike traditional finance, Solana allows anyone to set up a validator and submit transactions directly, bypassing intermediaries. This level of decentralization is difficult to replicate for traditional finance. While the functionality exists, he also admitted that it remains a challenge to scale it effectively. Yakovenko compared Solana to Ethereum and various L2 solutions, highlighting the trade-offs between L1 and L2. L2 solutions often use centralized sorters for low-latency transaction ordering. However, these can cause the same congestion issues as L1 chains. While L2s are often seen as a short-term solution to congestion, they face scaling bottlenecks when multiple applications or markets use them. He emphasized that Solana’s strategic focus is on building a strong L1 chain that is able to support high throughput without the need for L2 solutions. Another key factor is synchronous composability, where multiple applications can interact in real time on a single chain. He believes this is critical for DeFi, and monolithic chains or application-specific L2s cannot support this level of composability, limiting scalability. Yakovenko believes that Solana’s last competitive advantage lies precisely in this: it is fully committed to large-scale synchronous composability, which makes it different from Ethereum and L2 chains. He also claimed that Solana’s advantage lies in execution. While Ethereum is scaling through L2, Solana’s development is still focused on making its L1 perfect. He acknowledged that one day, blockchains will offer similar functionality to Solana and provide faster iterations, but for now, the pace of Solana's improvements puts it far ahead of its competitors. Yakovenko noted that the core of Solana's potential lies in perfecting its infrastructure to support fairer and more open transaction processing for a truly decentralized future, which will make Solana one of the leading blockchains in the coming years. (GoinGape)

According to Binance Market Data, on Nov 10, 2024, 04:58 AM (UTC), Bitcoin (BTC) crossed the 79,000 USDT benchmark and is now trading at 79,081.71875 USDT, with a narrowed 3.57% increase in 24 hours.

OKX market data shows that BTC has broken through 79,000 USDT, setting a new historical high; it is currently trading at 79,020 USDT, with a 24-hour increase of 3.49%.

Arthur Hayes, founder of BitMEX, posted on X: “Love the crypto pump on the weekend. It reminds me of the old days.”

On Nov 10, 2024, 04:46 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 78,000 USDT benchmark and is now trading at 78,045.976563 USDT, with a narrowed 2.15% increase in 24 hours.

According to Coinglass data, the entire network had a liquidation of US$86.3207 million in the past 4 hours, of which long positions had a liquidation of US$13.2863 million and short positions had a liquidation of US$73.0344 million.

Trump strutted onto the stage of a Florida ballroom surrounded by advisers, party leaders, family and friends. The Associated Press had not yet called the election results, but it was clear that voters had pushed him back to power.

This week, 20 blockchain startups raised a total of $40.1 million in funding. Eight projects received seed and pre-seed rounds, and 12 projects received other rounds of funding. Vlayer raised $10 million in the Pre-seed round.

Raydium accounts for 60.7% of the total trading volume of Solana ecosystem DEX.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry dynamics.

With strong revenue growth and an attractive valuation, Sky continues to lead the decentralized stablecoin space. Now is the time to take notice: as the DeFi renaissance unfolds, Sky is poised to be at the forefront.

In the early morning of November 6th local time, Trump announced his victory in the 2024 presidential election.

Election prediction is just the first application. The broader concept is that you can use finance as a way to align incentives to provide valuable information to an audience.

FairShake Cryptocurrency Group has become the largest Super PAC for the 2024 elections, raising more than $200 million in total.

Golden Finance launches the 2503rd issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Meme or DeFi? The crypto fork in the road after Trump took office.