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π The once-largest NFT marketplace, OpenSea, is planning a complete overhaul of its platform from scratch.
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πΈ The United States could purchase up to 5% of Bitcoin's total supply if a national BTC reserve is established β CoinShares
If a strategic national Bitcoin reserve is created by the Trump administration, U.S. authorities could acquire up to 5% of the total supply of the first cryptocurrency, according to CoinShares.
Experts say that the adoption of such a law would bring substantial benefits to the industry.
If a strategic national Bitcoin reserve is created by the Trump administration, U.S. authorities could acquire up to 5% of the total supply of the first cryptocurrency, according to CoinShares.
Experts say that the adoption of such a law would bring substantial benefits to the industry.
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β οΈ FTX Co-Founder Develops a 'Crypto Fraud Detector'
Former FTX CTO Gary Wang is developing a tool for the U.S. government aimed at detecting illegal activity on cryptocurrency exchanges.
Additionally, he has requested that the court not impose a prison sentence, as he was a key witness whose testimony helped convict Sam Bankman-Fried, and his role in the FTX fraud was minimal.
Wangβs sentencing is scheduled for November 20.
Former FTX CTO Gary Wang is developing a tool for the U.S. government aimed at detecting illegal activity on cryptocurrency exchanges.
Additionally, he has requested that the court not impose a prison sentence, as he was a key witness whose testimony helped convict Sam Bankman-Fried, and his role in the FTX fraud was minimal.
Wangβs sentencing is scheduled for November 20.
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He currently holds 73 Bitcoins and aims to own 100 within a year, alongside income producing real estate and gold producing mines."
@ElfCryptoAlert
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πΌAfter the US presidential election this week, there was a significant increase in the volume of large Bitcoin transactions. Their total reached a local peak of $90 billion on Wednesday, IntoTheBlock analysts said.
βοΈSo the so-called whales are also awake and watching what is happening in the world.
βοΈSo the so-called whales are also awake and watching what is happening in the world.
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π Highlights from the Weekend's Top 10:
β«οΈ Solana's market cap reached $100 billion;
β«οΈ Dogecoin moved USDC out of the sixth spot in the rankings;
β«οΈ Cardano and SHIBA returned to the top 10, taking the 9th and 10th spots respectively, with TRON and TON yielding these positions to them.
β«οΈ Solana's market cap reached $100 billion;
β«οΈ Dogecoin moved USDC out of the sixth spot in the rankings;
β«οΈ Cardano and SHIBA returned to the top 10, taking the 9th and 10th spots respectively, with TRON and TON yielding these positions to them.
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β οΈ Alameda Sues Waves Founder for $90 Million
Alameda Research has filed a lawsuit against Waves founder Sasha Ivanov and associated parties to reclaim $90 million.
In March 2022, Alameda deposited around $80 million in USDT and USDC on Waves' Vires platform, which were ultimately converted into the native stablecoin USDN.
Alameda Research has filed a lawsuit against Waves founder Sasha Ivanov and associated parties to reclaim $90 million.
In March 2022, Alameda deposited around $80 million in USDT and USDC on Waves' Vires platform, which were ultimately converted into the native stablecoin USDN.
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π This Week, Several Projects Will Undergo Major Unlocks Totaling $746 Million
The largest single unlock will involve APT ($128.37 million).
Additional tokens like ARB, AVAX, STRK, ZKJ, CKB, CYBER, ADA, ENA, and PRIME may also enter the market.
Linear unlocks for SOL, WLD, TIA, TAO, AVAX, DOGE, SEI, NEAR, DOT, SUI, FIL, and ARKM will continue as well.
The largest single unlock will involve APT ($128.37 million).
Additional tokens like ARB, AVAX, STRK, ZKJ, CKB, CYBER, ADA, ENA, and PRIME may also enter the market.
Linear unlocks for SOL, WLD, TIA, TAO, AVAX, DOGE, SEI, NEAR, DOT, SUI, FIL, and ARKM will continue as well.
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πΈOvernight, Bitcoin surged to nearly $90,000, falling just $400 short. Ether climbed to around $3,400.
π Leading gains in the top 10 is DOGE, up 33% in the past day. Among the top 100: CRO +52%, AIOZ +40%, and BTT +20%.
π Meanwhile, RAY dropped by 16%, NEIRO by 10%, and KAS by 5%.
The Fear and Greed Index has risen to 80.
π Leading gains in the top 10 is DOGE, up 33% in the past day. Among the top 100: CRO +52%, AIOZ +40%, and BTT +20%.
π Meanwhile, RAY dropped by 16%, NEIRO by 10%, and KAS by 5%.
The Fear and Greed Index has risen to 80.
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π The Near Protocol network is now fully compatible with Metamask, Trust Wallet, and other EVM wallets.
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π₯ Trump Appoints Musk as Head of DOGE
Donald Trump appointed Elon Musk and Vivek Ramaswamy as heads of the Department of Government Efficiency (DOGE). The department's mission will be to optimize the governmentβs budget and operations.
πΌOver the past week, Dogecoin (DOGE) has risen in value by 100%.
Additionally, Musk pumped the meme token PNUT more than twofold, stating that "America was saved by a squirrel and a meme coin."
Donald Trump appointed Elon Musk and Vivek Ramaswamy as heads of the Department of Government Efficiency (DOGE). The department's mission will be to optimize the governmentβs budget and operations.
πΌOver the past week, Dogecoin (DOGE) has risen in value by 100%.
Additionally, Musk pumped the meme token PNUT more than twofold, stating that "America was saved by a squirrel and a meme coin."
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