"DePIN network XYO has migrated its token to Solana βοΈ
The decentralized physical infrastructure network (DePIN) XYO has shifted from Ethereum to Solana, citing the high throughput, low transaction fees, and scalability of the Layer 1 network.
The XYO token is now available on both Solana and Ethereum, providing broader cross-network access and flexibility.
π DePIN refers to blockchain protocols aimed at decentralizing real-world infrastructure and systems, including communication networks, data storage, energy markets, and more."
The decentralized physical infrastructure network (DePIN) XYO has shifted from Ethereum to Solana, citing the high throughput, low transaction fees, and scalability of the Layer 1 network.
The XYO token is now available on both Solana and Ethereum, providing broader cross-network access and flexibility.
π DePIN refers to blockchain protocols aimed at decentralizing real-world infrastructure and systems, including communication networks, data storage, energy markets, and more."
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π₯ In many ways, a defining week awaits the crypto market:
β½οΈ Tomorrow, November 5, the U.S. elections will take place, with results expected around November 6. Current data on Polymarket shows Kamala Harris regaining ground, although Donald Trump still leads with a 56% to 44% advantage. The total trading volume on this event has surpassed $3 billion.
β½οΈ On November 7, the Federal Reserveβs decision on the key interest rate is expected. With a 99.9% probability, the market anticipates a 25 basis point reduction.
β½οΈ Tomorrow, November 5, the U.S. elections will take place, with results expected around November 6. Current data on Polymarket shows Kamala Harris regaining ground, although Donald Trump still leads with a 56% to 44% advantage. The total trading volume on this event has surpassed $3 billion.
β½οΈ On November 7, the Federal Reserveβs decision on the key interest rate is expected. With a 99.9% probability, the market anticipates a 25 basis point reduction.
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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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