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🐢 S. Korea’s largest crypto scam: $232m lost, 200+ arrested

A South Korean financial influencer, known as Mr. A, allegedly orchestrated a massive cryptocurrency scam leading to 215 arrests, including his own. This YouTuber with 620,000 subscribers was detained in Australia after investors sought refunds for poor stock advice.

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67πŸ‘3.22K❀1.68KπŸ”₯673πŸ‘Ž315πŸ’―207
⭐️ Former BitMex CEO meets with CZ: "Decentralization is no longer just a trend..."

The meeting between Changpeng Zhao of Binance and Arthur Hayes, former CEO of BitMEX, finished with discussion about decentralization, highlights key shifts in crypto leadership impacting market trends.

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51πŸ‘3.19K❀1.48KπŸ”₯647πŸ‘Ž234πŸ’―161
πŸ” Crypto market hits new peak

Cryptocurrency market value reached nearly $3.2 trillion, surpassing its 2021 peak, signaling a market turnaround.

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πŸ’² Tether to launch asset tokenization platform

Tether introduced Hadron, a comprehensive platform for asset tokenization of things such as stocks, bonds, stablecoins, etc, supporting smart contract networks and ensuring compliance with KYC and AML standards.

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253πŸ‘3.71K❀1.69KπŸ”₯702πŸ‘Ž296πŸ’―231
πŸ“£ Chamber’s crypto plea

The Digital Chamber of Commerce urges the US government to lift the crypto ban on federal employees, suggesting limited holdings to avoid conflicts and promote USD-backed stablecoins for financial inclusion and competitiveness.

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137πŸ‘5.28K❀1.87KπŸ”₯1.24KπŸ‘Ž331πŸ’―272
πŸͺ™ Goldman Sachs boosts Bitcoin ETF holdings to $710 million

Goldman Sachs disclosed in a new SEC filing that it significantly increased its investment in spot Bitcoin ETFs, now holding $710 million worth, including 12.7 million shares in BlackRock’s iShares Bitcoin Trust.

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⚠️ Massive crypto scams in 2024

In 2024, cryptocurrency phishing scams caused losses over $800 million, with 67 incidents in Q2 and May being the peak month, driven by advanced tactics like Ice Phishing and wallet draining.

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⭐️ Persistent crypto community and Strategic BTC Reserve

The crypto community has sent over 120,000 letters to USA state lawmakers, with more than 60,000 to each party, urging them to support the Strategic Bitcoin Reserve bill.

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πŸ“† Highly anticipated Major listing

The listing of the $MAJOR coin will take place on November 28th on major exchanges.

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581❀13.9KπŸ‘7.36KπŸ”₯2.55KπŸ‘Ž800πŸ’―708
πŸ“£ National Dogecoin Reserve idea gains attention

DOGE co-founder Billy Markus proposed a national Dogecoin reserve following Trump’s Bitcoin reserve idea, sparking discussions on its potential as a government asset and questioning Elon Musk’s support.

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86πŸ‘4.69K❀2.32KπŸ”₯958πŸ‘Ž388πŸ’―303
⭐️ Russian Energy Ministry plans to limit crypto mining

The Russian Energy Ministry has proposed to introduce restrictions on crypto mining in certain regions to prioritize essential activities, with the plan set to be considered by the governmental commission on November 18 and potentially effective this December.

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Just News
In 2024, 98% of NFT collections had minimal trading, with only 0.2% profitable, and most losing over 50% of their value within days, indicating an oversaturated market with reduced speculative interest. @just πŸ“°
πŸ” Has the NFT market awakened?

NFT sales soared to $181 million from last week with a 94% increase, while the average sale value rose by 87% to $133.08, indicating growing demand for digital assets.

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πŸ“£ Solana surges with 38% investor interest

Solana captures 38% of global crypto investor interest in 2024 and SOL price is up by over 9% in the past 24 hours.

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57πŸ‘4.14K❀1.75KπŸ”₯1KπŸ‘Ž347πŸ’―278
πŸͺ™ Another BTC wallet woke up after 14 years of dormancy

The day before yesterday, a crypto whale holding 2000 BTC since 2010 shocked the global market by awakening after 14 years to deposit BTC assets on various exchanges.

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86πŸ‘6.72K❀2.89KπŸ”₯1.68KπŸ‘Ž472πŸ’―464
⚠️ Hacker sentenced for Bitfinex $11B Bitcoin heist

Last week, a hacker who stole around 120,000 BTC from the global cryptocurrency exchange Bitfinex was sentenced to five years in prison, with the stolen BTC now valued at nearly $11 billion.

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πŸ“£ Ripple CEO criticized SEC chair candidate

Brad Garlinghouse criticized Stebbins’ potential SEC chair appointment due to his role in Hinman’s 2018 speech at the Yahoo Finance Summit, which favored Ethereum as a non-security.

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119πŸ‘11.2K❀7.5KπŸ”₯3.3KπŸ’―1.25KπŸ‘Ž853
πŸͺ™ Analysis: Will Bitcoin reach one million dollars?

Key points:

β€’ Bitcoin’s path to $1M depends on scarcity, adoption, and market dynamics.
β€’ ETF inflows and treasury adoption boost confidence and price.
β€’ Capturing 3% of global wealth could raise its market cap to $20 trillion.
ο»Ώ
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⭐️ Trump to meet Coinbase CEO

Trump and Coinbase CEO Brian Armstrong will meet to discuss personnel, amid Armstrong’s financial support for pro-crypto initiatives and Trump’s plan for a crypto advisory council.

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πŸ” Bitcoin new ATH

Bitcoin surpassed the $93,200 per coin mark.

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