BingX Crypto & Financial News
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Binance CEO Changpeng Zhao has burned approximately $490,000 worth of memecoins including #SHORT, #quq, #SIREN, #BNBCARD, and #XXY from the donation wallet. He also announced that future sales of these tokens will be conducted on the open market.
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CZ has burned approximately $490,000 worth of memecoins, including #SHORT, #quq, #SIREN, #BNBCARD, and #XXY, from the donation wallet. He also announced that he plans to sell these tokens on the market in the future.
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Ledger CEO projects 2025 revenue to exceed hundreds of millions of dollars, the company's highest to date. The executive also indicated potential plans to go public in New York or pursue another private funding round. ft
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Robert Kiyosaki forecasts Bitcoin reaching $250,000 by 2026.
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Robert Kiyosaki predicts Bitcoin will reach $250,000 by 2026.
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Projects scheduled for their initial listing next week.
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Core DAO plans to deploy an update for Hermes on its main network on November 25. The upgrade will reduce block completion time to approximately six seconds and introduce support for BLS12-381 cryptography, access to historical block hashes, and enable externally owned accounts to include code. Validators will be able to produce multiple blocks consecutively, increasing throughput and reducing network latency. The update will also add support for staking commissions for CORE and Bitcoin.
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BingX Crypto & Financial News
The SEC and CFTC announced that registered firms are now authorized to engage in spot trading of cryptocurrencies. They encouraged firms with questions to contact their respective agencies. coindesk #regulation
Caroline Pham, Acting Chair of the Commodity Futures Trading Commission, has confirmed the agency is in direct talks with regulated exchanges to launch both cryptocurrency spot trading and derivatives trading, according to a CoinDesk report.
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Axios: On Sunday, Senate Democrats expressed support for a bipartisan agreement to reopen the government. Senate Majority Leader John Thune said the deal is near completion.
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Weekend recap and upcoming events for tomorrow - https://t.me/bingx1/2147483647
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The US Senate has reached a bipartisan agreement to address the government shutdown. Federal operations are expected to resume later this week. politico
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BingX Crypto & Financial News
During the week from October 27 to October 31, net outflows from spot Bitcoin ETFs reached approximately $607.35 million, while spot Ethereum ETFs experienced net inflows of about $114.18 million.
During the week of November 3 to 6, net outflows from spot Bitcoin ETFs totaled approximately $1.22 billion, while Ethereum ETF outflows reached roughly $508 million.
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BingX Crypto & Financial News
During the week from October 27 to October 31, net outflows from spot Bitcoin ETFs reached approximately $607.35 million, while spot Ethereum ETFs experienced net inflows of about $114.18 million.
During the week of November 3 to 6, net outflows from spot Bitcoin ETFs totaled approximately $1.22 billion, while spot Ethereum ETFs saw net outflows of roughly $507.83 million.
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BingX Crypto & Financial News
James Wynn has increased his short position on Bitcoin and has not yet realized any profits, despite holding over $100,000 in unrealized gains.
James Wynne has experienced another liquidation. Over the past two months, he has undergone 45 liquidations. Despite achieving one profitable trade, he opted to increase his position rather than secure his gains, leading to yet another liquidation.
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BingX Crypto & Financial News
James Wynn has increased his short position on Bitcoin and has not yet realized any profits, despite holding over $100,000 in unrealized gains.
James Wynne experienced another liquidation after facing 45 such events over the past two months. Despite making one profitable trade, he chose to expand his position, which ultimately led to another liquidation.
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Ethereum network gas fees declined to 0.067 Gwei on Sunday, potentially signaling concerns regarding the sustainability of Ethereum's revenue model. cointelegraph
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Ethereum network gas fees declined to 0.067 Gwei on Sunday, raising concerns over potential vulnerabilities in the blockchain's revenue structure. cointelegraph
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BingX Crypto & Financial News
Bitcoin hashrate has declined to $42, indicating a continuous downward trend since July when it stood at $62. The reduction could force smaller mining operators to cease operations.
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During the recent correction in Bitcoin's price, approximately 70% of the top 10 Bitcoin miners have reported relying on artificial intelligence revenue to sustain operations. Seven leading firms, including Marathon Digital Holdings, CleanSpark, Iris Energy, TeraWulf, and Core Scientific, have either integrated or are leveraging AI and high-performance computing technologies, with the remaining three planning to do so.
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BingX Crypto & Financial News
Bitcoin hashrate has declined to $42, indicating a continuous downward trend since July when it stood at $62. The reduction could force smaller mining operators to cease operations.
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During the recent Bitcoin correction, approximately 70% of the top 10 Bitcoin miners reported reliance on AI-related revenue. Seven leading firms, including Marathon, CleanSpark, Iris Energy, TeraWulf, and Core Scientific, have already integrated or are leveraging AI and high-performance computing operations, with the remaining three planning to follow suit.
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Trump Media reports a $55 million loss in the third quarter. cointelegraph
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BingX Crypto & Financial News
The Bitcoin fear and greed index has fallen to 20, reflecting extreme fear in the market.
The Bitcoin (BTC) fear and greed index stands at 29, signaling a level of fear in the market.
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