Bitcoin remains stable at $26.8K despite the ongoing debt-ceiling negotiations in the US. Investors are closely monitoring the situation as a failure to reach an agreement could negatively impact risk appetite and send crypto prices lower. Meanwhile, Ethereum is also range-bound, trading between $1,750 and $1,850. Pakistan's recent ban on cryptocurrency is discussed in the article, with potential reasons including tension with the Financial Action Task Force and talks with the International Monetary Fund for a bailout package. Tether's trading volume has fallen to multi-year lows while its market cap continues to rise, and privacy blockchain Namada is proposing an airdrop ahead of its mainnet launch.
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Bitcoin Holds Steady as Emerging Markets Turn to Crypto Amid Currency Struggles
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An entity called "7 Siblings" bought 1.06 million EIGEN in the past two days
According to Onchain Lens monitoring, an entity named "7 Siblings" bought 1.06 million EIGEN in the past two days, with an average purchase price of $2.43, -
60 million WLDs transferred to Worldcoin multi-signature address, may be used for market making
According to iChainfo's monitoring, 60 million WLD (worth $135.9 million) have been transferred to Worldcoin's multi-signature address. It is expected that these WLD will soon be transferred to several market makers. -
Cryptocurrency stocks rise in pre-market trading
influenced by the strong performance of Bitcoin, cryptocurrency concept stocks in the US market rose before the market opened. Coinbase (COIN.O) rose 2.1%, Bit Digital (BTBT.O) rose 2.8%, MicroStrategy (MSTR.O) rose 2.4%. ProShares Bitcoin Strategy ETF rose 2%, iShares Bitcoin Trust rose 2.2%. -
Binance will launch DEGENUSDT perpetual contract
According to an official announcement , Binance will launch a perpetual contract for DEGENUSDT, with a maximum leverage of up to 75 times. -
OKX will launch MOODENG (Moo Deng) spot trading at 8:00 tonight, deposits are now open
On November 15th, according to an official announcement, OKX will soon launch MOODENG (Moo Deng). MOODENG is a fan memecoin of the popular animal Moo Deng, whose prototype is a small hippopotamus from a Thai zoo. The specific schedule is as follows: -
U.S. money market fund assets exceed $7 trillion for the first time
according to data provided by Crane Data, which has long been researching the currency market fund field, as of the week of November 13th, the management assets of US currency market funds increased by about $91 billion, and the total scale exceeded $7 trillion for the first time, which is a milestone for the industry. Due to the high and reliable yield, the popularity of this industry among investors has risen sharply. Before reaching the $7 trillion mark, the scale of US currency market assets hit a historic high for several consecutive months, which refuted doubts about whether the industry could continue to be popular as Federal Reserve officials lowered interest rates from their highest level in 20 years. After US policy makers cut interest rates by 50 basis points in September and another 25 basis points this month, investors continued to pour into currency market funds, mainly because the yield of these funds is higher than other tools, especially bank deposits. Compared with banks, the speed at which these funds transmit the impact of low interest rates is often slower. -
Franklin Templeton Expands $410 Million Money Market Fund to Ethereum Blockchain
Franklin Templeton expanded its $410 million money market fund to the Ethereum blockchain. -
U.S. PPI rose 2.4% year-on-year in October, higher than expected
US October PPI rose 2.4% year-on-year, estimated at 2.3%, with a previous value of 1.8%; the US October PPI rose 0.2% month-on-month, estimated at 0.2%, with a previous value of 0%. -
From the US election to November 13, DOGE rose by 128%, outperforming Tesla and Bitcoin
According to market data, from November 5th to November 13th, Dogecoin had the most eye-catching increase, surpassing the more focused Tesla and Bitcoin. On November 14th, Dogecoin and Bitcoin continued to rise. As of November 13th, Dogecoin increased by 128%, Coinbase increased by 47%, Tesla increased by 31%, Bitcoin increased by 29%, the banking sector increased by 10%, small-cap stocks increased by 4.9%, the S&P 500 increased by 3.6%, and the US dollar index increased by 3.1%. In addition, long-term US bonds, crude oil, gold, and Trump media all experienced a decline. -
The first #Bitcoin whitepaper draft written by Satoshi Nakamoto 16 years ago.
Title: Electronic Cash Without a Trusted Third Party
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