Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets.

In Q4’23 Syncracy released a public thesis on Solana. In it we argued that SOL was severely mispriced at 13% of Ethereum’s valuation given its industry-leading scalability, unique integrated design, and growing developer traction. At the time, the case for Solana was mostly qualitative as the data confirming that thesis was still emerging. The argument essentially boiled down to Solana offering a rare opportunity to own a foundational project, at a distressed valuation, that unlocked new possibilities at a scale comparable to Bitcoin and Ethereum. In other words, while the Solana story was undeniably exciting, it was driven more by potential, than momentum.

Earlier this year, the Celestia roadmap was published. An important part of the roadmap is adding ZK verification natively to the Celestia base layer, so that rollups can directly bridge assets via Celestia. In this post, we explore how adding ZK to the base layer unlocks Lazybridging - the Celestia endgame for a frictionless modular user experience.

The Terra/LUNA of the current cycle

 Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts with a maximum leverage of 75x on November 21, 2024 at 11:30 (UTC).

According to insiders, Cyber Fund, led by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, is preparing a blockchain identity verification platform codenamed "Y" to directly compete with Sam Altman's World Network. Unlike World Network, which uses iris scanning for identity verification, the Y project will use users' social media and blockchain activity data, combined with Ethereum Attestation Service, to verify their identity. The solution aims to address the risk of biometric data leakage and minimize the potential for fraud.

"Yongxing-Guofu-Ningbo Intellectual Property Asset Support Special Plan (Specialization and Innovation)" with Yongzheng Asset Management as the manager and Yongxing Securities as the sales organization held a listing ceremony on the Shanghai Stock Exchange. The first issue size was 138 million yuan, with a term of 1 year and a coupon rate of 2.2%. The product's priority bond rating was AAA, and it was the first knowledge-based securities product to be invested in digital RMB form nationwide, and also a breakthrough in the Ningbo knowledge-based securities project.

market showed that APT broke through $9.5 and is now reporting at $9.51, with a 24-hour drop of 4.04%. The market is volatile, so please be prepared for risk control.

the market shows BTC has fallen below $72,000, currently trading at $71,959.7 with a 24-hour increase of 0.69%. The market is volatile, please be prepared for risk control.