๐Weekly Market Highlights #122: October 28 - November 3
โจLast week, the crypto market saw a powerful buying surge from BTC ETFs, totaling $2.2B, which pushed BTC to $73.6K, nearing its all-time high. But things gradually changed when the weekend came.
โจOver the past week, the crypto market total capitalization decreased by ~$13B (from ~$2305B to ~$2292B).
โจBTC Slipped Below $68K
โ The business week began strongly for BTC, climbing from $67.5K to over $71.5K on Monday and Tuesday morning. Bulls continued to drive momentum, sending BTC to $73.6K later on Tuesday, just $150 short of a new all-time high. However, the market shifted, and BTC slipped to $72K by Wednesday.
โ The declines continued on Thursday and Friday, with BTC dropping to $68.8K. A quick rebound lifted it to $71.6K, though it faced resistance again.
โ By Saturday, the bears drove BTC back to $68.8K, ultimately reaching a weekly low of $67.5K late Sunday. Since then, BTC has regained some ground, trading around $68.5K.
โจAlts Turn Red
โ The entire altcoin field has turned red on weekly scale, with ETH and BNB dropping by around 3% each. Consequently, ETH now sits below $2,450, while BNB is close to breaking below $560. Similar declines are evident from SOL, XRP, TRX, TON, LINK, and BCH.
โ Even more painful performances come from ADA (-5%), AVAX (-6%). DOT is the biggest loser among the larger-cap alts over the past week
โ More price plummets come from BRETT (-9%), PYTH (-8%), MEW (-8%), ICP (-7.5%), and APT (-7%).
โ Total 2 Index (Marketcap excluding BTC) is now at $890B
โจBitcoin Fear and Greed Index is 53 - Neutral, lower than at the beginning of the week (73)
โจDominance:
โ BTC: 59.3%
โ ETH: 12.9%
๐ฃSee you next week!
๐ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
โจLast week, the crypto market saw a powerful buying surge from BTC ETFs, totaling $2.2B, which pushed BTC to $73.6K, nearing its all-time high. But things gradually changed when the weekend came.
โจOver the past week, the crypto market total capitalization decreased by ~$13B (from ~$2305B to ~$2292B).
โจBTC Slipped Below $68K
โ The business week began strongly for BTC, climbing from $67.5K to over $71.5K on Monday and Tuesday morning. Bulls continued to drive momentum, sending BTC to $73.6K later on Tuesday, just $150 short of a new all-time high. However, the market shifted, and BTC slipped to $72K by Wednesday.
โ The declines continued on Thursday and Friday, with BTC dropping to $68.8K. A quick rebound lifted it to $71.6K, though it faced resistance again.
โ By Saturday, the bears drove BTC back to $68.8K, ultimately reaching a weekly low of $67.5K late Sunday. Since then, BTC has regained some ground, trading around $68.5K.
โจAlts Turn Red
โ The entire altcoin field has turned red on weekly scale, with ETH and BNB dropping by around 3% each. Consequently, ETH now sits below $2,450, while BNB is close to breaking below $560. Similar declines are evident from SOL, XRP, TRX, TON, LINK, and BCH.
โ Even more painful performances come from ADA (-5%), AVAX (-6%). DOT is the biggest loser among the larger-cap alts over the past week
โ More price plummets come from BRETT (-9%), PYTH (-8%), MEW (-8%), ICP (-7.5%), and APT (-7%).
โ Total 2 Index (Marketcap excluding BTC) is now at $890B
โจBitcoin Fear and Greed Index is 53 - Neutral, lower than at the beginning of the week (73)
โจDominance:
โ BTC: 59.3%
โ ETH: 12.9%
๐ฃSee you next week!
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๐Venue: BSCS Global Community
๐ฎ Rule
๐ We will provide 10 multiple-choice questions in this FORM
๐ By the end of the quiz, the top 10 most precise and quickest users will get the reward
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๐Venue: BSCS Global Community
๐ฎ Rule
๐ We will provide 10 multiple-choice questions in this FORM
๐ By the end of the quiz, the top 10 most precise and quickest users will get the reward
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๐ญ Take a look at our expected Mey Network! You can see immense ๐๐๐ฑ-๐๐๐ฑ-๐๐๐๐ฑ gains very shortly. At which ROI do you think $MEY can reach?
โน๏ธ IDO Detailsโ IDO Rule: Vanguard๐ถ Total Raise on BSCS: $250,000๐ Join Mey Network IDO HERE
๐ Token Details๐ Ticker: $MEY๐ต Chain: Base๐ฐ Total Supply: 2,300,000,000๐ฒ IDO Price: $0,022๐ช Initial Market Cap: $1,701,172
๐ IDO Schedule๐ FCFS + KOL Roundโฐ Time: 9 AM, 6th November - 9 AM, 7th November (UTC)๐ Details about KOL round: HERE
๐ Claiming & Listing Schedule (UTC)โฐ Listing time: 8th November (UTC)๐ถ Token Claim on BSCS: 8th November (UTC)๐ฐ Vesting: 25% at TGE, cliff 01 month, then 75% daily vesting for 2 months
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๐ IDO Detailโ IDO Rule: Vanguard๐ Ticker: $MEY๐ถ Total Raise on BSCS: $250,000๐ฒ IDO Price: $0,022
๐ IDO Schedule๐ FCFS + KOL Roundโฐ Time: 9 AM, 6th November - 9 AM, 7th November (UTC)๐ Details about KOL round: HERE
๐ Claiming & Listing Schedule (UTC)โฐ Listing time: 8th November (UTC)๐ถ Token Claim on BSCS: 8th November (UTC)๐ฐ Vesting: 25% at TGE, cliff 01 month, then 75% daily vesting for 2 months
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๐ IDO Schedule๐ FCFS + KOL Roundโฐ Time: 9 AM, 6th November - 9 AM, 7th November (UTC)๐ Details about KOL round: HERE
๐ Claiming & Listing Schedule (UTC)โฐ Listing time: 8th November (UTC)๐ถ Token Claim on BSCS: 8th November (UTC)๐ฐ Vesting: 25% at TGE, cliff 01 month, then 75% daily vesting for 2 months
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๐ Claiming & Listing Schedule (UTC)โฐ Listing time: 8th November (UTC)๐ถ Token Claim on BSCS: 8th November (UTC)๐ฐ Vesting: 25% at TGE, cliff 01 month, then 75% daily vesting for 2 months
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๐ Claiming & Listing Schedule (UTC)โฐ Listing on Coinstore: 12 PM 8th November (UTC)๐ถ Token Claim on BSCS: 12:30 PM 8th November (UTC)
โฐ Deposit Open: 1 PM on Nov 8 (UTC)๐ฐ Vesting: 25% at TGE, cliff 01 month, then 75% daily vesting for 2 months
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Forwarded from Mey Network Channel
Weโre excited to reveal that $MEY token will be listed on two powerful platforms โ
You can submerge in the finest trading experience on Coinstore, a rapidly growing global exchange, and Uniswap, the worldโs leading decentralized exchange.
This is the perfect opportunity for you to join the movement right from the start, with access to unmatched liquidity and trading ease!
On
โฐ Listing Time: 12 PM on Nov 8
โฐ Deposit Open: 1 PM on Nov 8
๐ Notice: To trade on Coinstore, you must:
- Register a Coinstore account
- Deposit $MEY token to Coinstore
On
โฐ Listing Time: 10 AM on Nov 9
๐ Trade directly on your wallet, no deposit require
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๐ Claiming & Listing Schedule (UTC)๐ฉ Listing on Coinstore: 12 PM, 8th November (UTC)๐ฆ Listing on UniSwap: 10 AM, 9th November (UTC)๐ถ Token Claim on BSCS: 12:30 PM, 8th November (UTC)โฐ Deposit Open: 1 PM, 8th November (UTC)๐ฐ Vesting: 25% at TGE, cliff 01 month, then 75% daily vesting for 2 months๐ Refund mechanism: within 48 hours after claim time
To claim your tokens, you must use the same wallet that you used to join the Mey Network IDO on BSCS.
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Forwarded from Mey Network Channel
๐ Announcement: $Mey Listing Update
๐ In preparation for Mey Network's listing event, we are announce the updated listing schedule:
๐ New Listing Schedule (UTC)
On๐ Coinstore
On๐ฆ Uniswap
๐ New Token Claim Schedule (UTC)
โฐ Time: 2 PM on Nov 8, 2024
๐ช Vesting: Unlock 25% TGE, 1-month cliff, then 75% daily vesting for 02 months
Thank you for your patience; the wait has truly been worth it.
๐ Mey Network Official Media Channels
Website | Twitter | Telegram Channel | Telegram Group | Facebook | Youtube
๐ New Listing Schedule (UTC)
On
โฐ Listing Time: 1:30 PM on Nov 8, 2024
โฐ Deposit Time: 2 PM on Nov 8, 2024
On
โฐ Listing Time: 10 AM on Nov 9, 2024
๐ New Token Claim Schedule (UTC)
โฐ Time: 2 PM on Nov 8, 2024
Thank you for your patience; the wait has truly been worth it.
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0x8bFAc1b375bf2894D6F12fb2Eb48B1C1a7916789
๐ฐ Vesting: 25% at TGE, cliff 01 month, then 75% daily vesting for 2 months
Be careful with all strange or unidentified links to avoid unexpected risks.
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0x8bFAc1b375bf2894D6F12fb2Eb48B1C1a7916789
๐ Claiming & Listing Schedule (UTC)๐ฉ Listing on Coinstore: 1:30 PM, 8th November (UTC)๐ฆ Listing on UniSwap: 10 AM, 9th November (UTC)๐ถ Token Claim on BSCS: 2 PM, 8th November (UTC)โฐ Deposit Open: 2 PM, 8th November (UTC)๐ฐ Vesting: 25% at TGE, cliff 01 month, then 75% daily vesting for 2 months๐ Refund mechanism: within 48 hours after claim time
To claim your tokens, you must use the same wallet that you used to join the Mey Network IDO on BSCS.
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Anonymous Poll
28%
DeFi
24%
RWA
46%
AI & Blockchain Integration
2%
Layer-2 Solutions
After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
๐๐ป Let's see if you missed any news!
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II. Event and Highlight News
IV. Under Development
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- Optimize and enhance the overall user experience
V. Communities
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๐Weekly Market Highlights #123: November 4 - November 10
โจThe cryptocurrency market surged this past week, with BTC reaching a new record high following news of Donald Trump's 2024 U.S. presidential victory and the Fedโs continued interest rate cuts as anticipated.
โจOver the past week, the crypto market total capitalization increased by ~$433B (from ~$2292B to ~$2725B).
โจBTC's New ATH
โ The cryptocurrency landscape has transformed dramatically following Donald Trumpโs victory in the 2024 U.S. presidential election. BTC, struggling around $67K on Monday, surged to $75K after his official win.
โ Thursday, the U.S. Fedโs rate cut pushed BTC even higher, reaching approximately $77K. After a brief pause on Saturday, BTC regained momentum, shooting past $79K and approaching $80K. This came amid a week of massive inflows into spot BTC ETFs, with around $2.3 billion invested over the past three days.
โ Now priced at approximately $81K, BTCโs market cap has soared beyond $1.6 trillion.
โจAltseason?
โ The altcoins trailed behind BTC on Wednesday but have performed quite mind-bogglingly in the past few days. On a weekly scale, they paint a beautiful green picture.
โ ADA and SUI have emerged as the top performers from the larger caps, having surged by over ~70% each. ADAโs reasoning is interesting as it involves IOGโs founder, Charles Hoskinson, and the upcoming Trump administration.
โ DOGE tapped a multi-year peak of its own above $0.24 after it more than doubled its price tag in a month. ETH sits close to $3,200 after surging by 30% in the past week. SHIB has gained more than 17% in a week, while BCH, DOT, CRO, APT, KAS, and many others are also members of the double-digit price increase club.
โ Total 2 Index (Marketcap excluding BTC) is now at $1112B
โจBitcoin Fear and Greed Index is 76 - Greed, higher than at the beginning of the week (53)
โจDominance:
โ BTC: 58.9%
โ ETH: 14.1%
๐ฃSee you next week!
๐ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
โจThe cryptocurrency market surged this past week, with BTC reaching a new record high following news of Donald Trump's 2024 U.S. presidential victory and the Fedโs continued interest rate cuts as anticipated.
โจOver the past week, the crypto market total capitalization increased by ~$433B (from ~$2292B to ~$2725B).
โจBTC's New ATH
โ The cryptocurrency landscape has transformed dramatically following Donald Trumpโs victory in the 2024 U.S. presidential election. BTC, struggling around $67K on Monday, surged to $75K after his official win.
โ Thursday, the U.S. Fedโs rate cut pushed BTC even higher, reaching approximately $77K. After a brief pause on Saturday, BTC regained momentum, shooting past $79K and approaching $80K. This came amid a week of massive inflows into spot BTC ETFs, with around $2.3 billion invested over the past three days.
โ Now priced at approximately $81K, BTCโs market cap has soared beyond $1.6 trillion.
โจAltseason?
โ The altcoins trailed behind BTC on Wednesday but have performed quite mind-bogglingly in the past few days. On a weekly scale, they paint a beautiful green picture.
โ ADA and SUI have emerged as the top performers from the larger caps, having surged by over ~70% each. ADAโs reasoning is interesting as it involves IOGโs founder, Charles Hoskinson, and the upcoming Trump administration.
โ DOGE tapped a multi-year peak of its own above $0.24 after it more than doubled its price tag in a month. ETH sits close to $3,200 after surging by 30% in the past week. SHIB has gained more than 17% in a week, while BCH, DOT, CRO, APT, KAS, and many others are also members of the double-digit price increase club.
โ Total 2 Index (Marketcap excluding BTC) is now at $1112B
โจBitcoin Fear and Greed Index is 76 - Greed, higher than at the beginning of the week (53)
โจDominance:
โ BTC: 58.9%
โ ETH: 14.1%
๐ฃSee you next week!
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โ๏ธ Crypto Slang Terms #29: Your Guide to the Cryptoverse ๐
๐ก Ready to join BSCS & explore five blockchain words? Let's improve your crypto knowledge!
โน๏ธ Transmission Control Protocol/Internet Protocol (TCP/IP)
A foundational protocol suite that enables internet communication, connecting devices and allowing data transmission over networks.
โน๏ธ Transmuter (Alchemix)
Alchemixโs powerful pegging tool, helping synthetic assets like alUSD maintain a stable 1:1 ratio with DAI and similar stablecoins.
โน๏ธ Trapdoor Function
A one-way algorithm thatโs easy to solve in one direction but incredibly complex to reverse โ essential for crypto security.
โน๏ธ Treasury Bill (T-Bill)
A short-term U.S. government debt instrument, widely used as a safe investment.
โน๏ธ Treasury Bond (T-Bond)
A longer-term U.S. government-issued debt security, funding national operations and projects.
๐ช Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
โญ๏ธ BSCS Official Media Channels:
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๐ก Ready to join BSCS & explore five blockchain words? Let's improve your crypto knowledge!
A foundational protocol suite that enables internet communication, connecting devices and allowing data transmission over networks.
Alchemixโs powerful pegging tool, helping synthetic assets like alUSD maintain a stable 1:1 ratio with DAI and similar stablecoins.
A one-way algorithm thatโs easy to solve in one direction but incredibly complex to reverse โ essential for crypto security.
A short-term U.S. government debt instrument, widely used as a safe investment.
A longer-term U.S. government-issued debt security, funding national operations and projects.
๐ช Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
โญ๏ธ BSCS Official Media Channels:
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