A recent report from Binance Research, released on November 4, 2024, reveals significant instability in the meme coin market. In the report titled “Understanding the Rise of Memecoins,” led by Binance Macro Researcher Josh Wong, 97% of the meme coins have been found to have tremendous declines in trading volume.
Non-fungible token marketplace OpenSea is set to debut a new platform next month, as revealed in the latest update on Monday, Nov. 4.
On the eve of the 2024 US presidential election, crypto prediction markets are abuzz with high-stakes bets, positioning Donald Trump narrowly ahead of Kamala Harris.
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As the U.S. elections approach, clarity on cryptocurrency regulations is a top concern for investors, particularly regarding Bitcoin and Ethereum. If Kamala Harris wins, analysts predict a market reaction similar to what we saw in the 2020 elections.
TL;DR A report from Binance Research reveals that 97% of memecoins have experienced drastic declines in their trading volumes. More than 75% of the current memecoins appeared in the last year, thanks to their simplicity and accessibility, allowing them to quickly attract market interest.
Bitcoin nearly reached a new all-time high this week but is currently hovering around $70,000. As we approach the U.S. elections in just 24 hours, market anxiety is palpable, reflected in Bitcoin's recent decline, although it's still resting at a strong trend line.
The month of October was another turbulent one for crypto, marked by high-profile attacks that left many in disarray.
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Coinbase chief legal officer Paul Grewal says he can see multiple instances when the Federal Deposit Insurance Corporation (FDIC) told banks to stop offering crypto-related services.
An independent audit verified Kraken's full asset backing for BTC, ETH, SOL, USDC, USDT, and XRP. The firm uses a Merkle Tree structure to allow clients to verify their balances in the Proof of Reserves report.
Fairshake crypto PAC continues to fortify its war chest in preparation for the U.S. 2026 midterm elections.
TL;DR The crypto market is experiencing severe fluctuations due to political uncertainty in the U.S., according to the Bitfinex Alpha report. The odds of Donald Trump winning the election have decreased from 64.9% to 56%, which has changed investor psychology and generated cautious behavior.
Standard Chartered-backed Zodia Custody is in talks to raise $50 million for an ambitious expansion of its crypto custody services. In a market where demand for secure digital asset storage is intensifying, Zodia aims to strengthen its infrastructure, broaden its geographic reach, and enhance institutional-grade protection. The post Standard Chartered's Zodia Custody in Talks to Raise $50 Million for Crypto Expansion appeared first on Cryptonews.
Cryptocurrency exchange Gemini is launching a multimillion-dollar global brand campaign highlighting crypto's role in future of finance ahead of the pivotal U.S. election.
The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials.
The year-to-date inflows for digital assets hit a new high of $29.2 billion with inflows of $2.2 billion last week. This was according to Coinshares' latest digital assets inflow report by head of research, James Butterfill. Coinshares: Record Numbers for Digital Asset Inflows With $2.
The announcement of a new platform comes after almost exactly a year ago, OpenSea laid off half of its staff and CEO teased OpenSea 2.0.
The proposed amendments would allow for sweeping changes to the country's financial sector.
MAS has announced a plan to promote asset tokenization in financial services. MAS is driving the commercialization of products and services under Project Guardian.
Citi and Fidelity announced a proof-of-concept for an on-chain money-market fund. USD MMFs have a large number of issuers with over USD 6.1 trillion.
Prominent angel investor Naval Ravikant recently highlighted a common pitfall in the crypto industry: many projects collapse because their founders accumulate wealth too quickly, potentially losing motivation to continue building.
The U.S. Securities and Exchange Commission has published the application to uplist a Grayscale digital asset fund to an exchange-traded fund in the Federal Register.
In its latest video, Cointelegraph explains the hidden dangers of seeking financial advice on X and highlights how influencer manipulation has cost investors millions in the crypto market.
OpenSea new version is scheduled to launch in December, with an improved user experience, improved trading access, and enhanced security measures.
In the latest development, the US SEC has published Grayscale's 19b-4 filing for its Digital Large Cap Fund in the Federal Register. This has now officially kickstarted the SEC's review process for the asset manager's application to convert this fund into an ETF.
A16z donates $23M to Fairshake for crypto policy support, fostering bipartisan legislative backing for digital asset regulations. The post a16z crypto backs Fairshake PACs with $23 million for pro-crypto policy in 2026 midterms appeared first on Crypto Briefing.
On Monday, a16z Crypto announced an additional $23 million in funding for Fairshake, for bipartisan support of US crypto regulations. Fairshake, the crypto-oriented political action committee, boasts over $78 million in funds for the upcoming Congressional election cycle, bolstered by a new commitment from the venture capital firm Andreessen Horowitz (a16z).
Economic challenges have spurred financial nihilism, driving younger investors to embrace meme coins as an alternative to traditional finance.
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A massive cryptocurrency whale known as “zxgngl” has withdrawn $2.36 million in the USDC stablecoin from leading cryptocurrency exchange Binance, seemingly in a bid to double down on their Polymarket bet that former U.S. President Donald Trump will win the upcoming elections.
Discover how Singapore is spearheading the global shift toward tokenization.
In a sweeping analysis released on November 4, 2024, Binance Research, the research arm of the world's largest cryptocurrency exchange, uncovered stark realities within the meme coin market.
Binance faces scrutiny over token listing demands while competitors rush to highlight their fairer approach to new crypto projects.
Fairshake, a nonpartisan super PAC focused on crypto interests in US politics, has successfully raised $78 million to support candidates who advocate for American blockchain and crypto innovation, according to a Nov. 4 statement shared with CryptoSlate. The funding includes over $30 million currently available and an additional $48 million in new commitments.
Maredith Hannon, head of business development digital assets at WisdomTree, will discuss her firm's latest innovations in digital finance at the upcoming Benzinga Future of Digital Assets event. Hannon, who leads WisdomTree's digital assets division, shared insights on the rapid institutional interest in blockchain and the launch of WisdomTree Connect, a new platform designed to offer institutional investors access to tokenized assets.
Pakistan's finance ministry has proposed major changes to the SBP Act, including lifting restrictions on dual nationality for central bank leadership and formally recognizing Bitcoin and other cryptocurrencies.
Recent rises in bitcoin prices have led some to believe that Trump, should he win, will be great for the industry. But the reality may be more complicated, says Alex Tapscott.
TL;DR BingX Labs invests in AgentLayer, a project developing a decentralized network for autonomous AI agents. The AGENT token is central to the platform's economics, facilitating transactions, governance, and developer incentives. The platform offers tools like AgentHub and AgentStudio for developers to easily manage and build AI agents.
Follow Cointelegraph's live updates as we count down to the US Elections 2024, exploring its potential impact on crypto regulations, markets, and the future of digital assets.
For some time, former kickboxer and social media influencer Andrew Tate has been heavily promoting the meme coin Daddy Tate (DADDY).
US-based crypto exchange Kraken is hinting at reducing its workforce amid plans to change how it innovates and rolls out products for its users. In a statement, Kraken co-CEOs Arjun Sethi and Dave Ripley say the company is aiming to operate more efficiently to pursue its ambition of becoming the leading crypto exchange.
Explore the rise of memecoins, their impact on modern finance, and how they reflect changing investment trends. Discover insights from Binance Research on this speculative yet influential market.
For any cryptocurrency startup, deciding when to approach venture capitalists (VCs) is a crucial problem. The best time to look for outside funding varies greatly, depending on the particular requirements of the project and the interests of the venture capitalists (VCs) involved.
a16z crypto pledges $23 million to Fairshake and affiliated PACs to support pro-crypto policymakers ahead of the 2026 U.S. midterm elections.
The US Securities and Exchange Commission (SEC) has published Grayscale's 19b-4 filing for its Digital Large Cap Fund in the Federal Register. This significant development has officially kickstarted the US SEC's review process for the asset manager's application to convert this fund into an ETF.
Bitfinex Alpha reports Bitcoin experienced a sharp decline driven by election uncertainty, highlighting ongoing market volatility.
The crypto community is in a heated debate over Binance listing fees and the exchange's practices.