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πŸ’° #SOL Solayer completes Builders Round funding, with investment from Solana Labs and others.
πŸ“Š CoinMarketCap: Solana-based memes outperformed Ethereum-based memes by 8 times. Political memes became a popular subcategory with a market value of $784M.
πŸ“ˆ #BTC #ETF Yesterday, the total net inflow of spot BTC-ETFs was ~$129 million.
πŸ‡ΊπŸ‡Έ A possible SEC chairman in the Trump administration is Dan Gallagher, Robinhood's chief legal officer and former SEC commissioner. x
πŸ“Š CoinMarketCap: #BTC now dominates the #NFT market this cycle. #SOL saw a surge in NFT trading followed by a decline in volume Gaming Trends: Ronin-powered Pixels leads in daily active users.
πŸ“Š CoinMarketCap: Institutional involvement
β–ͺ️ More than 1 million bitcoins are now held in #ETF's
β–ͺ️ 7 of the top 10 #BTC ETF's use Coinbase custody
β–ͺ️ BlackRock's BUIDL fund reached $500 million in less than 3 months.
β–ͺ️ #ETH-ETF approval could bring $5 billion in inflows initially
πŸ—£ #BTC Arthur Hayes: Storing cryptocurrency is the best way to preserve wealth. I'm sure today will rhyme with the 1930s and 1970s.
BTC is a safer safe-haven asset than gold because it is not subject to national control.
πŸ₯³πŸŽ #WELL WELL3: WELL brand will open on July 3rd.
πŸΏπŸ‘€ Coinbase is seeking an appellate review of the SEC's lawsuit against it, citing the decision in the Binance case. x
πŸ₯³ #ADA Cardano updates MiCA compliance metrics 6 months ahead of schedule. cointelegraph
πŸ“ˆ Polymarket saw ~$213 million in trading volume during Q2
⛏ #BTC Miner Iris Energy raises $413 million to expand BTC mining. theblock.com
πŸ“Šβ› In the past 72 hours, #BTC miners have sold over 2,300 BTC, valued at approximately $145 million
πŸ₯³ 54 new wallets in the last 7 days brought out with Binance for a total of 2.08 million #LINK (~$30.28 million).
πŸ“Š C.Q.: According to aSOPR, the market is balanced between profits made and losses incurred, corresponding to the accumulation phase where neither buyers nor sellers dominate.
Based on other indicators, if accumulation continues, we can expect a breakout to the upside.
πŸ‡©πŸ‡ͺπŸ‘€ #BTC Arkham: The German government has again transferred 282.74 BTC to CEX.
πŸ₯³πŸŽ #HSK HashKey launches first round of airdrop with a total of 10 million HSK.
πŸ€” Matrixport believe the downtrend in #BTC is broken
πŸ’° #AAVE had its 6th profitable quarter in a row
πŸ“Š #AAVE IntoTheBlock: Last week, the value of borrowed #WETH on Aave with a health factor between 1 and 1.025 reached $1.2B. This surge began after Aave introduced Leverage Restaking Tokens (LRTs) for 14x leverage strategies.

In such scenarios, spikes in borrow rates can trigger liquidations if loans aren't managed properly

Over the weekend, the total value of these loans decreased to $725M as users deleveraged their positions. Reducing leverage can help mitigate the risk of cascading liquidation events.
2024/11/20 10:30:18
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