Today's Crypto and Bitcoin News

The memecoin market has exploded this past week riding a wave of fresh listings and wider bullish momentum. Memecoins like PEPE, BONK, and WIF have led the charge outperforming other market sectors and showing significant price gains. This surge reflects a broader trend where major centralized exchanges are embracing memecoins at an unprecedented pace. Despite their often criticized lack of utility, memecoins are capturing massive investor interest pushing them to the forefront of the crypto industry.   Quick Takes Memecoins Lead Market Gains: GMMEME index jumped over 90% in November with PEPE, BONK, and WIF showing up to 100% weekly gains, outpacing other crypto sectors. Exchanges Listing Memecoins: Exchanges like KuCoin added memecoins like PNUT, driving price surges and trading volumes as centralized exchanges target high-risk traders. Regulatory Shift Boosts Speculation: Trump's victory renewed hopes for crypto-friendly regulation, pushing platforms to list speculative tokens and driving the memecoin rally. Memecoin Index Outshines Other Sectors   The GMMEME index which tracks key memecoins like PEPE, SHIB, and DOGE surged over 90% in November outpacing other indexes such as the GM30 and GML1 which rose by only 36% on average. This index's performance showcases the explosive potential of memecoins especially compared to more established crypto sectors.   Source: Coinalyze    Within the GMMEME index PEPE gained 70%, BONK soared 100%, and WIF increased by 32% in just a week. These gains followed their listings on major exchanges like Coinbase and Robinhood which opened up these tokens to a new investor base driving speculative buying.   PEPE/USDT price | Source: KuCoin   BONK/USDT price | Source: KuCoin   In the broader memecoin market, tokens outside the GMMEME index also showed impressive performance. MOODENG rose by 47% while PNUT a memecoin inspired by the viral P'Nut the squirrel, skyrocketed by 1,500%. PNUT's valuation jumped by $1.68 billion in the last week alone following its listing on Binance’s spot market and mentions by Elon Musk on X.   MOODENG price |Source: KuCoin   PNUT/USDT price | Source: KuCoin   The Impact of Listings and Market Trends   The rapid listings of major memecoins by centralized exchanges reflect a significant shift in strategy. Exchanges like KuCoin are now more willing to onboard highly speculative tokens that attract high trading volumes despite their controversial nature.   This aggressive listing trend may be influenced by the recent U.S. presidential election which saw Donald Trump return to power. Trump's more crypto friendly stance contrasts with the restrictive policies of the previous administration. This renewed optimism has likely accelerated the onboarding of memecoins as exchanges look to capitalize on the increasing investor appetite for high risk, high reward assets.   Memecoins might not offer the same real world utility as other crypto projects but their influence is undeniable. Retail investors are flocking to these tokens due to their high volatility and potential for quick gains. This shift in investor preference has made memecoins a vital part of the industry and a profitable opportunity for exchanges looking to boost trading activity and revenue.   Conclusion   Memecoins have taken the crypto market by storm with the GMMEME index surging over 90% in November driven by major listings and renewed investor interest. Tokens like PEPE, BONK and PNUT have captured attention delivering staggering gains and showing the power of speculative trading. Despite criticism for their lack of utility memecoins are becoming central to the crypto market pushing exchanges to embrace them as a lucrative opportunity. As regulatory sentiments shift and investor demand continues to rise memecoins look set to remain a significant force in the crypto world. Read more: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs

WIF$3.1293-4.93%

PNUT$1.208-11.32%

PEPE$0.00002021-3.48%

XRP continues to consolidate, trading around $1.10 after reaching a high of $1.27 earlier this month. Investors are eyeing the regulatory developments following speculation that SEC Chair Gary Gensler might resign.   Quick Take Speculation around SEC Chair Gary Gensler’s resignation is fueling market uncertainty. A pro-crypto SEC Chair could drive XRP toward $1.50. Record ETF inflows and institutional adoption push BTC to all-time highs. XRP and Dogecoin trading volumes surpass Bitcoin on South Korean exchanges. XRP Holds Steady After Crossing $1 XRP continues to consolidate, trading around $1.10 after reaching a high of $1.27 earlier this month. Investors are eyeing the regulatory developments following speculation that SEC Chair Gary Gensler might resign.   Fox Business reporter Eleanor Terrett revealed that Gensler's resignation could reshape the SEC's stance on crypto. Market experts believe a leadership change may favor XRP, with a potential rally pushing it past $1.50.   Pro-Crypto Leadership Could Be a Game-Changer for Ripple and XRP  Gensler's exit raises questions about the next SEC Chair. Two potential candidates are Brad Bondi and Bob Stebbins. Bondi’s pro-DeFi and self-custody stance has garnered support from crypto advocates, including Amicus Curiae attorney John E. Deaton.   Bondi’s approach to crypto regulation could set a new precedent for XRP, particularly regarding its programmatic sales ruling. Analysts predict his leadership might boost XRP demand significantly.   Read more: Trump’s Win Fuels Crypto Hopes as Bitcoin Hits New Highs and Memecoin Platform Pump.Fun Soars $30.5 million: Nov 7   Bitcoin Nears $100K, Lifts Market Sentiment While XRP consolidates, Bitcoin is stealing the spotlight, climbing to a record $97,800. Institutional inflows, including MicroStrategy's bond offering, have fueled BTC's surge. This rally has bolstered confidence across the crypto market, providing tailwinds for XRP’s price action.   Read more: The History of Bitcoin Bull Runs and Crypto Market Cycles   South Korean Traders Fuel XRP Rally as Trading Volumes Surge By 30% XRP and Dogecoin trading volumes on South Korean exchanges have outpaced Bitcoin. XRP accounted for over 30% of Upbit’s trading volume in the last 24 hours, highlighting its strong demand. Analysts warn, however, that excessive speculation could lead to temporary price corrections.   XRP Technical Analysis: Key Support at $1 and $0.95 XRP/USDT price chart | Source: KuCoin   XRP’s technical indicators suggest a consolidation phase. Immediate support lies at $1.00, with stronger levels at $0.95 and $0.85. Resistance zones are seen at $1.26 and $1.40, with a potential breakout targeting $1.50.   What Is the XRP Price Prediction After Surpassing $1 Mark?  Despite short-term fluctuations, XRP’s long-term trajectory remains bullish. Analysts like CasiTrades project a price range of $8 to $13, supported by favorable technical indicators and improving market conditions.   The federal ruling that XRP sales to retail investors are not securities continues to bolster investor confidence. Additionally, speculations around an XRP ETF further add to its growth potential.   Conclusion XRP’s price action hinges on upcoming regulatory developments and the SEC Chair appointment. A pro-crypto leader could ignite a rally, while Bitcoin’s record highs provide a strong backdrop for the market. Keep an eye on key support and resistance levels, as XRP's consolidation phase might set the stage for its next big move.   Read more: XRP Rises 25%, SHIB Forecasts 101% Jump, PNUT’s 2800% Meteoric Rise and More in Memecoin Frenzy: Nov 18

Solana reached a new alltime high in daily revenue and fees due to the growing popularity of memecoins. Often called the Ethereum killer, Solana is now outperforming competitors in transaction speed and efficiency. The blockchain has broken records in total value locked TVL fees and revenue. This article breaks down the key numbers and technical reasons behind Solana's meteoric rise.   Quick Take Memecoins Push Solana to Record Revenue: Meme coin popularity drove Solana to break records in daily revenue and transaction fees. Platforms like Pump.fun brought in $2.4 million in daily revenue. Raydium Powers Solana’s Growth: Raydium the top DEX on Solana generated $15 million in daily fees. Solana’s speed of 65,000 transactions per second gave Raydium a massive advantage over Ethereum’s 15–30 transactions. Solana Overtakes Ethereum: Solana outperformed Ethereum in fees and revenue. It recorded $11.8 million in fees compared to Ethereum's $6.32 million. Solana’s low fees and high scalability made it a preferred choice for fast and affordable blockchain use. Solana Achieves Record-Breaking Revenue and Fees   Source: SOL/USDT 1 Week Chart KuCoin   Solana recently achieved $11.8 million in transaction fees within a single day. This surpasses Ethereum’s $6.32 million. The key to this milestone lies in Solana's proof of stake system which offers far lower fees and faster transactions than Ethereum's proof of work model. Solana's speed and efficiency attract users looking for affordable and quick blockchain solutions.   On the same day Solana generated $5.9 million in revenue. This figure was driven by increased activity in decentralized finance DeFi and memecoins. Only Tether managed to outperform Solana in revenue hitting $13.3 million. Total value locked in Solana's DeFi sector surged to $8.35 billion making it one of the top DeFi ecosystems. TVL is a measure of the total capital staked on the network. It shows investor confidence and interest. Solana’s current TVL level is challenging Ethereum which holds $20.5 billion. This achievement highlights Solana’s potential to dominate the blockchain market by attracting liquidity and staked assets.   DeFi TVL: Ethereum vs. Solana | Source: DefiLlama    Raydium’s Contribution to Solana’s Success   Raydium, the largest decentralized exchange on Solana, played a major role in this record breaking performance. In just 24 hours Raydium generated $15 million in fees making it the top contributor to the network's earnings. During the same period Raydium earned $1 million in revenue. This reflects significant trading volume and strong user engagement.   Raydium is popular because it offers low fees and quick trades which attract both retail and institutional investors. Solana’s ability to process 65,000 transactions per second gives Raydium an edge over Ethereum which handles only 15 to 30 transactions per second. This technical advantage makes Solana ideal for executing a high number of trades especially during surges in market activity. The combination of speed and affordability creates a platform where traders can transact efficiently without the slowdowns seen on Ethereum.   Pump.fun and the Memecoin Frenzy   Memecoins have become a powerful trend and Solana has capitalized on this through the Pump.fun launchpad. Pump.fun earned $2.4 million in daily revenue which exceeded Bitcoin's $2.3 million revenue that day. This shows the considerable impact memecoins are having on blockchain ecosystems particularly those that can process a large volume of small transactions cost effectively.   The excitement around meme coin launches on Pump.fun led to increased revenue driven by numerous small trades. Solana's strengths—high throughput and minimal fees—make it perfect for this type of activity. memecoins generate buzz leading to many users making smaller transactions. Solana's infrastructure allows it to handle these volumes easily while keeping transaction costs very low.   Pump.fun's performance highlights how memecoins are more than just a passing trend. They are fueling mainstream adoption and engagement with blockchain technology. By attracting different types of investors—from seasoned traders to newcomers—memecoins have boosted Solana’s activity, pushing the network to set new records. Platforms like Pump.fun help demonstrate that memecoins are a key factor in the growing popularity of decentralized finance and blockchain technology on Solana.   Read More: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs   Solana’s Impressive Market Performance   The value of Solana's native token SOL has risen substantially showing strong market performance. Over the past year SOL rallied by 295%. This growth boosted its market cap to $113 billion making it the fourth largest cryptocurrency. SOL is narrowing the gap with Tether which holds a market cap of $128.8 billion. This closing gap shows increasing interest in Solana among traders and investors.   On November 19 SOL reached a price of $247 its highest level since November 2021. Though it slipped slightly by 1.8% ending at $238 the token remains just 8.7% away from it's all time high of $260. The price surge reflects growing investor confidence in Solana's potential. More projects are launching on the platform and the need for SOL has risen. SOL is required for transactions staking and other network activities. This demand has pushed the value of SOL up considerably.   Solana vs. Ethereum: A Comparison   Solana throughput | Solana Explorer    Ethereum is still the most well known smart contract platform but Solana's recent accomplishments show it is gaining significant ground. During the day Solana set new records Ethereum earned $6.32 million in fees and $3.6 million in revenue. In contrast Solana brought in $11.8 million in fees and $5.9 million in revenue. These figures show that users are favoring Solana for its low cost and high speed transactions. A major factor in Solana's recent success is its much lower transaction fees. The average fee on Solana is $0.00025 compared to $4.12 on Ethereum. This makes Solana far more appealing especially for those making smaller transactions or needing high throughput such as in NFT markets and DeFi. Solana's scalability also stands out. The network can process 65,000 transactions per second while Ethereum can only handle 15 to 30. This scalability ensures that as demand grows Solana can maintain its speed and efficiency unlike Ethereum which often struggles with congestion.   Read More: Solana vs. Ethereum: Which Is Better in 2024?   Conclusion   Memecoins have driven Solana to record highs in revenue fees and total value locked. Platforms like Raydium and Pump.fun have been instrumental in this success demonstrating the power of memecoins and DeFi to fuel blockchain growth. With its scalable infrastructure, low fees and high throughput, Solana continues to challenge Ethereum’s dominance and gain ground in the market. As memecoins gain further traction Solana is well positioned to sustain this momentum and reshape the future of decentralized finance. Read more: Top Solana Memecoins to Watch

Bitcoin briefly surged to $96,699, hitting a new all-time high on November 20th, and is currently priced at $96,620, while Ethereum is at $3,102, up by 1% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.4% long versus 49.6% short positions. The Fear and Greed Index, which measures market sentiment, was at 83 yesterday and maintains the Extreme Greed level at 82 today. The crypto market is experiencing an unprecedented surge, with Bitcoin reaching a new all-time high of above $96,699 today. Solana, driven by memecoin activity broke records in daily transaction fees and revenue. Meanwhile, MicroStrategy continues to grow its Bitcoin holdings, now surpassing cash reserves held by major corporations like Nike and IBM. This article explores the recent achievements of these major crypto players and examines their impact on the broader market.   What’s Trending in the Crypto Community?  MicroStrategy plans to sell $2.6 billion and use the proceeds to buy Bitcoin. MicroStrategy's market cap surpassed $110 billion, reaching an all-time high; it is now among the top 100 publicly traded companies in the U.S. by market cap. Sky (formerly MakerDAO): USDS is now live on the Solana network. Stripe launched a feature for B2B payments using stablecoins.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change FLOKI/USDT +10.86% XTZ/USDT +4.37% TAO/USDT +2.99%   Trade now on KuCoin   Read More: Bitcoin to $200K: Bernstein’s Prediction, MicroStrategy Buys $4.6 billion BTC, Goldman Sachs to Launch New Crypto Platform and More: Nov 19   Bitcoin Breaks $96K All-Time High: Is $100K Certain? Bitcoin surged to a new all-time high of $96,000 today following steady bullish momentum since the 2024 election. Despite some initial hesitation Bitcoin has remained strong as it moves closer to the psychological $100,000 level. This massive run began after the U.S. election with Bitcoin emerging as the big winner among various market assets.   Source: BTC 1 Day KuCoin Chart   BTC/USDT faced significant resistance at key levels like $90,000 and $85,000 but buyers showed aggressive support forming a series of higher lows. This pattern led to an ascending triangle which indicated a breakout was coming. Now with Bitcoin at $96,000 the next major target is the iconic $100,000 level—a mark that could ignite excitement and media attention across financial markets.   Key Levels and Buyer Sentiment Bitcoin's journey over the past few weeks has shown the importance of psychological price levels. The $90,000 mark was crucial, acting as both a barrier and eventually a launching pad for the next leg up. As bulls pushed higher $93,500 held as resistance twice creating a foundation for support at each pullback. This behavior highlighted buyer interest at lower levels rather than the top indicating a willingness to defend support zones.   The current challenge lies in maintaining momentum as BTC nears $96,000. If this level sees some initial resistance, past areas of interest including $93,500 and $91,804 may provide much-needed support. As long as Bitcoin can hold above $90,000 the bullish sentiment will remain intact increasing the likelihood of further gains.   The Quick Path to $100K   With Bitcoin now trading at $96,000 the question on everyone's mind is whether it can reach $100,000 soon. Major psychological levels like $100,000 can bring heightened volatility and increased attention but they also come with risk. Investors looking to enter or add to long positions should consider potential pullbacks as opportunities rather than chasing prices at highs. A level like $96,000 could bring some resistance but if Bitcoin finds support at previous resistance points the road to $100,000 could be clear.   Bitcoin's recent rally to $96,000 shows its resilience and the confidence buyers have in pushing prices higher. As we approach the significant $100,000 level caution is necessary but the overall trend remains bullish. If support holds at key levels like $93,500 or $91,804 Bitcoin could continue its climb and break into six figures setting a new milestone for the largest cryptocurrency in the world. The coming weeks will be crucial as Bitcoin aims to achieve this long-anticipated mark potentially rewriting the landscape of global finance.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Memecoins Drive Solana to Record $8.35 Billion Revenue Source: SOL/USDT 1 Week Chart KuCoin   Solana reached a milestone with $11.8 million in daily transaction fees and $5.9 million in revenue. Fueled by the meme coin craze Solana outperformed Ethereum in fees and user activity. The total value locked (TVL) in Solana's DeFi ecosystem hit $8.35 billion showing strong investor confidence and significant liquidity inflow.   Raydium Solana's top decentralized exchange generated $15 million in fees and $1 million in revenue over 24 hours. Solana's ability to handle 65,000 transactions per second with low fees has made it a favorite among traders seeking fast and cost-effective transactions. Raydium’s success reflects the broader surge in Solana's network activity.   Pump.fun a memecoin launchpad on Solana brought in $2.4 million in daily revenue surpassing Bitcoin’s $2.3 million. This shows how meme coins have driven intense activity and increased engagement on Solana.   Solana's token SOL saw a 296% rally this year reaching a market cap of $113 billion with a peak price of $247 on November 19. SOL is now the fourth-largest cryptocurrency closing in on Tether's $128.8 billion market cap.   With an average transaction fee of $0.00025 compared to Ethereum's $4.12 and the capacity to handle 65,000 transactions per second Solana offers better scalability and cost efficiency. As meme coins and DeFi services grow in popularity Solana continues to draw users and investors positioning itself for sustained growth and a stronger role in the crypto market.   DeFi TVL: Ethereum vs. Solana | Source: DefiLlama   Read more: Top Solana Memecoins to Watch in 2024   MicroStrategy’s $26 Billion Bitcoin Now Outpaces Nike and IBM Cash Holdings Source: Bloomberg   MicroStrategy now holds $26 billion in Bitcoin after the price surged to $90,000 last week. This amount surpasses cash reserves held by major companies including Nike and IBM. MicroStrategy, one of the largest Bitcoin holders, began accumulating in 2020 making it the first company to adopt Bitcoin as a reserve asset. The company’s Bitcoin value currently rivals ExxonMobil’s treasury and stands just below Intel’s $29 billion and General Motors’ $32 billion.   The company has accumulated 279,420 BTC to date and has seen its stock price jump from $15 to $340—a 2,100% increase since it began investing in Bitcoin. MicroStrategy plans to acquire more Bitcoin over the next three years under the 21/21 Plan aiming to spend $42 billion—$10 billion in 2025, $14 billion in 2026 and $18 billion in 2027. This plan would bring the company’s holdings to approximately 580,000 BTC, around 3% of the total supply.   MicroStrategy has secured funding from equity and fixed-income securities totaling $21 billion for the acquisitions. In October 2024 the company purchased 7,420 BTC worth $458 million followed by an additional 27,200 BTC in November worth $2 billion. Bitcoin continues to dominate the crypto market with trading volume hitting $43 billion in the past 24 hours. MicroStrategy’s aggressive approach makes it a major player in the Bitcoin market outperforming traditional corporate cash holdings.   MicroStrategy's aggressive Bitcoin strategy continues to set it apart from traditional corporations making it one of the most significant players in the crypto space. By surpassing corporate giants like Nike and IBM in cash reserves through Bitcoin the company highlights the shifting landscape of corporate treasury management. With plans to acquire even more BTC MicroStrategy shows unwavering confidence in Bitcoin's long-term value positioning itself to shape the future of digital finance.   Conclusion The crypto market's momentum shows no signs of slowing down. Bitcoin's climb to $96,000 Solana's record-setting revenue and MicroStrategy's massive Bitcoin holdings underscore the growing significance of digital assets in both retail and institutional finance. As these cryptocurrencies push toward new milestones their influence on global financial systems continues to expand, reshaping how both investors and corporations perceive value in the digital age. The coming months will be crucial as these projects aim to further solidify their roles in the evolving financial landscape.

Shieldeum has launched its much-anticipated SDM airdrop campaign, offering a total of $1,000,000 in SDM rewards to participants. The airdrop distribution is scheduled to occur after the Token Generation Event (TGE), which is set for November 28, 2024, at 13:00 UTC. This initiative aims to grow the Shieldeum ecosystem by engaging the community and rewarding contributors with real yield generated from its decentralized nodes.   Quick Take Shieldeum’s airdrop is offering rewards worth $1,000,000 in SDM tokens. Users can earn points by completing tasks, engaging with the Shieldeum community, and contributing to the ecosystem. Rewards are backed by real yield from Shieldeum nodes, ensuring sustainability. What Is Shieldeum (SDM)? Shieldeum is a cutting-edge platform powered by a Decentralized Physical Infrastructure Network (DePIN) that combines AI-driven computing power with high-performance infrastructure. It supports crypto users and Web3 enterprises through:   Secure Computing Power: Datacenter servers enabling application hosting, data encryption, threat detection, and more. Real Yield Nodes: Shieldeum's infrastructure generates genuine and sustainable rewards. Community-Centric Growth: A vibrant ecosystem where contributors play a key role in development. With its innovative solutions, Shieldeum is positioning itself as a pioneer in secure infrastructure for over 440 million crypto users worldwide.   How to Participate in the Shieldeum Airdrop   Participating in the SDM airdrop is simple and rewarding. Follow these steps:   Join the Community: Follow Shieldeum on CoinMarketCap, Telegram, and Twitter (X). Engage in discussions and events on social channels. Contribute to the Ecosystem: Share content about Shieldeum on social platforms. Help with community-driven projects or provide constructive feedback. Complete Tasks: Participate in promotional campaigns. Refer friends to Shieldeum for additional points. Earn Points: Each task completed earns points that determine your share of the $1,000,000 airdrop pool. The live leaderboard tracks your points, offering a transparent and competitive experience.   When Is the Shieldeum Airdrop Reward Distribution?  The airdrop rewards will be distributed after the Token Generation Event (TGE). Participants should complete tasks and accumulate points early to secure a larger share of the airdrop.   Why Join the Shieldeum Airdrop? Real Yield Backing: Rewards are derived from actual node performance, offering sustainability and authenticity. Unique Opportunity: As a leader in the DePIN sector, Shieldeum’s airdrop program sets a new standard in community incentives. Supportive Ecosystem: Be part of a thriving community while gaining access to Shieldeum’s secure and efficient infrastructure. Stay Alert for Scams With the hype surrounding the Shieldeum airdrop, fake links and fraudulent campaigns may emerge. Ensure you only interact with official channels and verify any announcements on Shieldeum’s website or social media pages.   Conclusion The Shieldeum SDM airdrop offers an opportunity for crypto enthusiasts to earn rewards while supporting a decentralized infrastructure network. With $1,000,000 in node-generated SDM rewards available, the campaign highlights Shieldeum’s efforts to foster community engagement and ecosystem growth.   To participate, visit the official Shieldeum Airdrop page and complete the outlined tasks. While the rewards are promising, participants should carefully review the terms, verify all sources through official channels, and remain aware of potential market volatility and associated risks. Always exercise caution and ensure your actions align with your risk tolerance.   Read more: Top DePIN Crypto Projects to Know in 2024-25

Bitcoin is currently priced at $90,465 showing a +0.68% decrease, while Ethereum is at $3,208, down by +4.30% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.4% long versus 50.6% short positions. The Fear and Greed Index, which measures market sentiment, was at 83 yesterday and maintains the Extreme Greed level at 90 today. Bitcoin's journey is evolving with Berstein experts predicting a price of $200,000 by 2025. Recent actions by key players like Michael Saylor and Goldman Sachs combined with supportive regulations could create the conditions for another major bull run. Let's explore the main catalysts driving Bitcoin's growth and their impact on the crypto market.   What’s Trending in the Crypto Community?  CoinShares: Digital asset investment products saw net inflows of $2.2 billion last week. "Memecoin" Google search interest reached an all-time high. Tether-supported Quantoz launched MiCA-compliant stablecoins USDQ and EURQ. MicroStrategy bought approximately 51,780 Bitcoins for about $4.6 billion last week, at an average price of $88,627 per Bitcoin  MSTR shares surged by nearly 13% on Monday to trade at $384.79 at market closing Bitcoin mining difficulty increased by 0.63% to 102.29 T this morning, setting a new high.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change AKT/USDT +28.75% XTZ/USDT +37.72% HBAR/USDT +41.45%   Trade now on KuCoin   Read More: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15   When will Bitcoin Rocket to $200,000? Bernstein’s Key Catalysts BTC/USDT KuCoin Chart 1 Week    Analysts at Bernstein have outlined catalysts that could push Bitcoin to $200,000 by 2025. Gautam Chhugani and his team see the current market turning painful for Bitcoin bears and expect a rally to $100,000 soon. They cite positive regulatory changes under President Trump including crypto-friendly picks for Treasury Secretary and SEC Chair as major drivers.   “Demand for bitcoin this cycle is led by institutions, corporates and retail,” the Bernstein analysts said. “We believe the next bitcoin cycle will be sovereign led and the political seeds for a sovereign led market are being sown today. The political winds of change are favoring candidates that prefer crypto deregulation and are against potential surveillance from a CBDC.”   Trump's proposed national Bitcoin stockpile as promised during his campaign could mark the start of sovereign adoption pushing Bitcoin to new highs and positioning it as a strategic reserve. Bitcoin ETFs are also seeing strong inflows with an average net inflow rate of $1.7 billion per week. In addition MicroStrategy plans to raise $42 billion over the next three years for Bitcoin acquisitions signaling strong future demand.   “As [these] regulatory catalysts play out, we would expect a new-found confidence in the crypto bull market, reflected in not just higher bitcoin prices but overall crypto market cap impacting prices of ETH, SOL and leading digital assets,” they noted.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   MicroStrategy’s Latest $4.6 billion Bitcoin Purchase   Source: Google   Michael Saylor's MicroStrategy recently bought $4.6 billion worth of Bitcoin, increasing the company's holdings by over 51,000 BTC. This move reinforces Saylor's belief in Bitcoin as a superior store of value. The purchase was announced on X and the company's total holdings now stand at 331,200 BTC valued at $16.5 billion. MicroStrategy (MSTR) stock price surged by nearly 13% on Monday to trade at $384.79 at the time of writing.    The average cost per BTC for MicroStrategy is $49,874 which shows the substantial unrealized gains compared to the current price above $90,000. MicroStrategy plans to raise $42 billion over the next three years to continue buying Bitcoin. This consistent accumulation signals strong institutional support and reinforces the bullish sentiment surrounding Bitcoin's long-term value.   Read More: MicroStrategy's Bitcoin Holdings and Purchase History: A Strategic Overview   Goldman Sachs to Spin Out New Crypto Platform, GS DAP Goldman Sachs plans to spin out its crypto platform called GS DAP into a new company focused on blockchain-based financial instruments. According to Bloomberg Goldman is working with partners to expand the platform's capabilities with Tradeweb Markets as a strategic collaborator.   The spinout is expected to complete in 12 to 18 months pending regulatory approvals. Mathew McDermott Goldman's head of digital assets emphasized the importance of creating an industry-owned solution. Goldman also plans to launch new tokenization products in the US and Europe focusing on tokenized real-world assets like Treasury bills.   "Establishing a new, standalone company independent of Goldman Sachs and its Digital Assets business will help to provide the future runway for digital financial services by ensuring a fit-for-purpose, long-term solution," the bank said in a statement.   Tokenized RWAs have risen significantly with around $2.4 billion in value locked as of November 14. Goldman is one of the largest buyers of Bitcoin ETFs this year and the growing number of these ETFs has contributed to renewed momentum in the market. The bank aims to offer secure permissioned blockchain solutions for financial institutions focusing on fast execution and new collateral options for RWAs.   Conclusion   Bitcoin's path to $200,000 may be driven by supportive regulations, institutional adoption and innovative financial products. Key players like Michael Saylor and Goldman Sachs show faith in Bitcoin's future driving demand through strategic investments. The recent memecoin craze has driven explosive growth in Solana-based coins and SUI ecosystem. Investors looking for long-term opportunities in crypto should keep an eye on these catalysts shaping the market's future. Read more: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs

The memecoin market is buzzing with activity as the crypto market reaches new heights, driven by Bitcoin’s record-breaking rally above $90,000. From viral sensations like Peanut the Squirrel (PNUT) to established favorites like Dogecoin (DOGE), memecoins are capturing investor attention with massive gains and strong community support. The total market cap of the memecoin sector has crossed $125 billion at the time of writing while its 24-hour trading volume holds above $31 billion, as per data on CoinGecko. Here’s a look at the top meme coins to watch this week. Quick Take Peanut the Squirrel (PNUT) is up 3100% since launch; whale activity signals strong demand. Pepe (PEPE) price is eyeing $0.00003; recent Robinhood listing sparks renewed investor interest. Bonk (BONK) surges 30% after token burn announcement; now Solana’s second-largest memecoin by market cap. Dogecoin (DOGE) reaches $0.37; analysts predict a potential rally to $0.73. Floki (FLOKI) gains 44% weekly gains on Coinbase roadmap addition; long-term rally predicted. Goatseus Maximus (GOAT) hits all-time high of $1.36; technical indicators suggest potential correction. Dogwifhat (WIF) price prediction anticipates a 22% rally in the short-term despite a recent whale sell-off put downward pressure on its price.  Top memecoins today | Source: Coinmarketcap    Discover the top trending memecoins to watch this week as the crypto market hits new highs. From PNUT's 2000% rally to Dogecoin's resurgence, explore key updates on the hottest tokens and what’s driving their growth.   1. Peanut the Squirrel (PNUT) Becomes a Breakout Star After 3100% Gains  PNUT/USDT price chart | Source: KuCoin   Peanut the Squirrel (PNUT) is making waves, with its price skyrocketing over 3100% since launch, including KuCoin’s major markets such as PNUT/USDT on spot trading and PNUT Perpetual/USDT on the futures market. Inspired by a viral internet squirrel, this Solana-based memecoin has quickly captured investor interest. Over the weekend, a crypto whale withdrew $7.12 million worth of PNUT from Binance, signaling confidence in the token’s potential.   PNUT’s trading volume surged to $1.7 billion, making it the fourth-best-performing cryptocurrency in the past 24 hours. As its market cap reaches $1.72 billion, analysts are eyeing further gains, fueled by strong social media momentum and retail interest.   Read more: $PNUT Crosses $1 Billion Market Cap—Is the Hype Real?   2. Pepe (PEPE) Gears Up for New All-Time Highs After 65% Gains in 1 Week PEPE/USDT price chart | Source: KuCoin   Pepe (PEPE), one of the most popular memecoins, is gaining traction again. After a bullish breakout, the token rallied over 65% this week, hitting $0.00001896. The recent listing on Robinhood and Coinbase has amplified trading volumes, driving PEPE's market cap to $7.63 billion.   Technical indicators show strong capital inflows, with PEPE holding above key Fibonacci support levels. Analysts predict PEPE could reach $0.00003, driven by its growing community and bullish momentum. However, as with all memecoins, risk management is crucial due to potential price volatility.   3. Bonk (BONK) Surges 95% Ahead with Token Burn Announcement BONK/USDT price chart | Source: KuCoin   Solana-based Bonk (BONK) has climbed 95% in the past week following the announcement of its ambitious “BURNmas” campaign. The Bonk DAO plans to burn 1 trillion tokens by Christmas Day, reducing the circulating supply and boosting investor sentiment.   BONK's trading volume rose 73% over the past 24 hours, with its market cap reaching $3.94 billion. The campaign has driven increased social interest, positioning BONK as the second-largest Solana memecoin, overtaking Dogwifhat (WIF) briefly before dipping to number 2 in the list. Analysts expect BONK’s price to maintain its upward trajectory as the burn event approaches.   Read more: Top 10 Dog-Themed Memecoins to Watch in 2024   4. Dogecoin (DOGE) Eyes a New Rally After 26% in a Week DOGE/USDT price chart | Source: KuCoin   Dogecoin (DOGE) continues to hold its place as the king of memecoins. Trading at $0.37, DOGE has seen a significant resurgence, with a 26% rally over the past week. Analysts suggest the token may be poised for another bull run, with predictions of a rally to $0.73.   DOGE’s recent momentum is supported by speculation around Elon Musk’s involvement in U.S. crypto policy through D.O.G.E. (Department of Government Efficiency) and the broader market’s pro-memecoin sentiment. With its strong community and historical performance, DOGE remains a top contender for investors seeking memecoin exposure.   Read more: $DOGE Sees Nearly 75,000 New Dogecoin Wallets During BTC Bull Run Fueling 140% Price Surge   5. Floki (FLOKI) Gains 44% in a Week on Coinbase Listing Roadmap FLOKI/USDT price chart | Source: KuCoin   Floki (FLOKI) surged following its addition to Coinbase’s listing roadmap. The token, which serves as the utility currency for the Floki ecosystem, climbed from $0.000217 to $0.000239 within hours of the announcement. FLOKI’s partnership with the KICK F1 Sim Racing Team has also bolstered its visibility, enhancing its appeal to both crypto and gaming communities.   Analysts predict FLOKI could surpass the $0.0005 mark, driven by increased exchange listings and growing interest in its utility-focused ecosystem.   6. Goatseus Maximus (GOAT) Hits Record Highs After 30% Gains GOAT/USDT price chart | Source: KuCoin   Ai memecoin Goatseus Maximus (GOAT) reached a new all-time high this week, with its price peaking at $1.22. While the memecoin’s ADX and RSI indicators suggest a slight cooling off in momentum, its EMA lines continue to reflect strong bullish trends.   If GOAT maintains its current trajectory, it could see further gains. However, a potential correction to $0.76 remains possible if profit-taking intensifies.   7. Dogwifhat (WIF) Poised for a 2% Rally Despite Recent Volatility WIF/USDT price chart | Source: KuCoin   Dogwifhat (WIF), a Solana-based memecoin, is positioned for a potential 22% rally after breaking out of a bullish descending triangle pattern. Currently trading at $3.66, WIF has experienced a price surge of over 54% in the past week. Technical indicators, including its position above the 200-day EMA and an RSI signaling upside potential, suggest further bullish momentum. Analysts predict WIF could reach $4.70 if it sustains its breakout trajectory, driven by strong trader interest and a rising open interest (OI) that surged 12% in the last 24 hours.   However, recent whale activity has injected uncertainty into WIF's price action. A significant holder sold 850,000 WIF tokens, pocketing $7.5 million in profits, which led to a 15% intraday price drop. Despite this sell-off, the whale retained 50,000 WIF, reflecting continued confidence in the token’s potential. While trading volume dipped by 55%, WIF’s long/short ratio on Binance remains bullish, with 68.4% of traders holding long positions. This combination of technical and market signals indicates that WIF could sustain its upward momentum, though traders should remain cautious of volatility.   8. DOG: Bitcoin’s Native Memecoin Hits New Heights DOG price chart | Source: Coinmarketcap   DOG, a Bitcoin-native memecoin, has seen an 75% surge this week, reaching $0.0077. The rally follows its recent Kraken futures listing, sparking speculation about further exchange listings, including Binance. Built on the Bitcoin blockchain using the Runes protocol, DOG is now the most widely held Runes token, with a market cap of $775 million at the time of writing.   DOG’s success aligns with two major crypto trends: Bitcoin’s dominance and the growing popularity of memecoins. As traders anticipate potential listings on major exchanges, DOG’s position atop the Runes leaderboard underscores its appeal. While its momentum is strong, high volatility makes cautious trading essential for investors.   Read more: What Is Runes Protocol? Bitcoin’s Latest Fungible Token Standard   Conclusion Memecoins are taking the spotlight this week, with Peanut the Squirrel, Pepe, and Bonk leading the charge. While these tokens offer opportunities for significant gains, their high volatility demands careful risk management. As the crypto market surges to new highs, the memecoin sector continues to evolve, attracting both retail and institutional interest. Stay tuned for more updates on these trending tokens as the market heats up.   Read more: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15

Bitcoin is currently priced at $89,854 showing a -0.79% decrease, while Ethereum is at $3,075, down by -1.81% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.6% long versus 51.4% short positions. The Fear and Greed Index, which measures market sentiment, was at 90 yesterday and maintains the Extreme Greed level at 83 today. The crypto world has seen explosive moves lately. Ripple's XRP made significant gains while Shiba Inu (SHIB) aims for a huge price target and Solana-based DApps raked in record fees during memecoin mania. In this article we explore what drives these gains and their impact on the broader crypto market. Let’s break down what these stories mean for investors and the crypto community.   What’s Trending in the Crypto Community?  Michael Saylor hinted at continuing to increase BTC holdings. XRP Rises Over 25% Boosted by Regulatory Hopes and ETF Filing cbBTC circulating supply exceeded 15,000, with a market cap surpassing $1.3 billion. Solana's market cap surpassed Sony and Medtronic, ranking 165th in global asset market cap.    Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers    Trading Pair  24H Change XRP/USDT +9.72% PNUT/USDT +10.82% SHIB/USDT +3.89%   Trade now on KuCoin   Read More: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15   XRP Rises Over 25% Boosted by Regulatory Hopes and ETF Filing The price of Ripple's XRP token has surged nearly 25% in the past 24 hours, reaching its highest level since November 2021, marking a significant shift for the cryptocurrency. According to KuCoin, XRP now stands at $1.13. XRP added $20 billion to its market cap which has reached $65 billion. There wasn't a specific announcement but traders seem optimistic about a favorable regulatory outcome for Ripple and the resolution of its battle with the SEC.   XRP/USDT Trading Chart | Source: KuCoin    Ripple's Chief Legal Officer Stuart Alderoty noted the hard part of the fight is behind us:   "Please remember the SEC’s broader strategy: try to create distraction and confusion for Ripple and the industry. But honestly, it’s just background noise now. The hard part of the fight is behind us," Ripple's Chief Legal Officer Stuart Alderoty recently wrote on X.   Significant XRP transfers followed with over $316 million moved in the last two days. The price rise led to significant on-chain activity. One wallet moved $90 million in XRP to another wallet, as reported by Whale Alert. The analytics provider noted over $316 million in XRP transfers in the past two days. 21Shares filed for an XRP ETF following the success of its Bitcoin and Ethereum ETFs. Canary Capital and Bitwise also filed for XRP ETFs. This indicates growing confidence in XRP's future.   Shiba Inu Forecasts 101% Price Jump, Reach Target $0.000048 Shiba Inu (SHIB) surged 50% after Donald Trump's election victory and now trades at $0.000024. CoinCodex predicts SHIB could double by the end of November 2024 reaching $0.000048. The firm says SHIB is consolidating and ready for another move up.   Source: KuCoin 1 Week SHIB Chart   It surged 280% in March after the Bitcoin halving event. The recent victory of Donald Trump in the US presidential election triggered buying across the market. SHIB rose 50% to its current price of $0.000024.   CoinCodex predicts a 101% surge for Shiba Inu by the end of November. The target price is $0.000048. Investors hope SHIB will reach $0.01 which could bring huge gains for long-term holders. Meme coins show dramatic swings and Shiba Inu's future looks volatile.   Source: CoinCodex   Solana-Based DApps See Record Fees Amid Memecoin Frenzy Solana-based apps have seen a surge in fee revenue. Five of the top ten fee-earning protocols in the last 24 hours are on Solana. Raydium, a Solana market maker, collected $11.31 million in fees. Liquid staking protocol Jito earned $9.87 million in fees, its third-highest on record.   Five of the top 10 protocols by fees were on Solana on Nov. 17. Source: DefiLlama    Memecoins fuel the frenzy around Solana. Peanut PNUT saw a 2800% rise in two weeks. Dogwifhat (WIF) also surged after a Coinbase listing. The largest Solana memecoin Dogwifhat (WIF) listed on Coinbase on Nov. 15 briefly surged to a six-month high of $4.19.   The Department of Government Efficiency is a new US agency under President-elect Donald Trump. It shares the same abbreviation as the memecoin Dogecoin (DOGE) which rallied 140% in the last two weeks.   Solana pushes above $240 despite supply inflation. SOL trades at $234 just 8.5% away from its all-time high of $259. Solana's market cap stands at $112 billion, up 44% from its previous high of $77 billion on Nov. 6 2021. The market cap increase comes from growth in token supply through its inflation schedule which rewards stakers with new SOL tokens. At the time of publication Solana's inflation rate is 4.9% decreasing at a rate of 15% per year according to SolanaCompass data. Solana's token SOL rallied to $242 its highest since 2021 driven by memecoin speculation and increased token supply through staking rewards.   Read More: Top Crypto Projects in the Solana Ecosystem to Watch in 2024   PNUT Price Skyrockets 2800% in 2 Weeks Peanut (PNUT) , a new memecoin inspired by a viral squirrel, skyrocketed by 240% on November 13. The surge began on November 4. PNUT's price rose over 2800% in less than two weeks reaching $1.57. The rally followed an uptick in crypto prices after Donald Trump won the election.   PNUT/USDT price chart | Source: KuCoin   PNUT Price Prediction In the short term, the PNUT price prediction for the next 24 hours hinges on key price action around the $2.45 level. The outcome will largely determine the direction of the token's immediate trajectory. If the price successfully breaks out from the $2.45 area, this signals the potential for a fifth wave extension, indicating a continuation of upward momentum. As more data becomes available, future projections will become more accurate and dependable.   On the other hand, if the price fails to break through and gets rejected, it will likely lead to the start of a prolonged correction. This correction could result in the price pulling back significantly as investors take profits and traders reassess the asset's value. The next weeks are critical for defining whether PNUT can continue its rally or must consolidate before making its next move.   Read More: $PNUT Crosses $1 Billion Market Cap—Is the Hype Real?   Conclusion The crypto market has had surprises this month with XRP's price jumping with legal optimism. Shiba Inu (SHIB) eyed a huge leap and Solana-based DApps set fee records. Memecoin frenzy continues with projects like Peanut (PNUT) gaining traction. Traders and investors watch these trends for opportunities in a volatile crypto landscape. Remember to always do your own research (DYOR) when looking to buying memecoins.

Solana-based memecoin Peanut the Squirrel ($PNUT) crossed the $1 billion market cap and caught traders' attention on Nov.14. As $PNUT's price rises, many wonder if it's a lasting success or another bubble.   $PNUT Price Trend | Source: KuCoin   In a few days, $PNUT surged 266.17%, pushing its market cap to $1.68 billion. The current price is $1.68. This growth surprised even seasoned traders. Rapid growth brings risks. The Fear and Greed Index for $PNUT is at 84, showing extreme greed. High optimism can push prices higher but also lead to sharp corrections. Memecoin markets are volatile, and $PNUT is no exception.   Technical analysts remain cautiously optimistic. Some predict $PNUT could reach $4.73 by December, representing another 211.12% gain. This forecast comes from trading volumes, technical indicators, and memecoin momentum. Yet, the history of memecoins like Dogecoin and Shiba Inu shows that rapid gains often end in corrections.   $PNUT's volatility remains a key risk. Over the past 30 days, $PNUT had 50% of days in the green. This signals growing confidence but doesn't guarantee long-term stability. Memecoins rely on community sentiment and speculation rather than strong fundamentals, making prices unpredictable. Potential investors must weigh the risks. The best advice is to invest only what you are willing to lose. Memecoins offer big rewards but carry major risks.   Read Also: Solana Leads 89% New Token Launches, Bitcoin’s Path to $100K in November, and $PNUT’s Meteoric $1 Billion Rise: Nov 15   Is Peanut the Squirrel (PNUT) a Good Investment? Investing in Peanut the Squirrel (PNUT) comes with several potential advantages:   Rapid Market Growth: Since its launch, PNUT has seen impressive price increases, including a 133% rise in one day and now 806% in one week, showing strong market interest. High Trading Volume: PNUT has reached trading volumes of up to $300 million, indicating active market participation. Influential Endorsements: Figures like Elon Musk have commented on Peanut, bringing extra attention to the token. Exchange Listings: Listings on major exchanges like KuCoin have improved accessibility and liquidity, boosting PNUT's price. Community Engagement: PNUT has attracted a dedicated community, creating support that helps drive growth and stability. These factors highlight PNUT's potential, but it's crucial to remember that it is a memecoin and highly volatile. Always conduct thorough research and consider your risk tolerance before investing.   How to Buy $PNUT on KuCoin Choose how you want to buy Peanut the Squirrel on KuCoin, buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Peanut the Squirrel (PNUT):   Buy Peanut the Squirrel (PNUT) with crypto on the KuCoin Spot Market With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Peanut the Squirrel (PNUT). Here's how to buy:   1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.   2. Transfer your crypto to a KuCoin Trading Account. Find your desired PNUT trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Peanut the Squirrel (PNUT).   Tip: KuCoin offers a variety of order types to buy Peanut the Squirrel (PNUT) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.   3. As soon as your order is successfully executed, you will be able to see your available Peanut the Squirrel (PNUT) in your Trading Account.   How to Store Peanut the Squirrel (PNUT) The best way to store Peanut the Squirrel (PNUT) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Peanut the Squirrel (PNUT).   Store Peanut the Squirrel in Your KuCoin Account Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.   Hold Your Peanut the Squirrel in Non-Custodial Wallets "Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Peanut the Squirrel (PNUT) to a non-custodial wallet. Storing Peanut the Squirrel (PNUT) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Peanut the Squirrel (PNUT) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Peanut the Squirrel (PNUT).   Conclusion $PNUT's rise to a $1 billion market cap impresses, but sustainability remains in question. The memecoin's rapid growth draws attention, yet high volatility and market sentiment suggest caution. Whether $PNUT continues its climb or faces a correction is uncertain. For now, it has earned its place in crypto history, and investors are watching closely.    Read More: Top Solana Memecoins to Watch in 2024   

Bitcoin is currently priced at $87,322 showing a -3.38% decrease, while Ethereum is at $3,058, down by -4.02% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.8% long versus 50.2% short positions. The Fear and Greed Index, which measures market sentiment, was at 88 yesterday and maintains the Extreme Greed level at 80 today. The crypto market has been buzzing with major developments that are shaping the landscape of digital assets. Solana is dominating new token launches by 89%, Bitcoin is aiming for a historic $100,000, and the memecoin $PNUT has crossed a billion-dollar market cap. Let’s break down what these stories mean for investors and the crypto community.   What’s Trending in the Crypto Community?  Tether Treasury has minted 9 billion USDT since Trump won the U.S. presidential election. Tether announced the launch of the asset tokenization platform Hadron, allowing users to tokenize various assets, including stocks, bonds, stablecoins, loyalty points, etc. The U.S. spot Bitcoin ETF has accumulated a trading volume of over $500 billion in just ten months since its launch.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change XRP/USDT +17.91% OM/USDT +12.06% HBAR/USDT +10.62%   Trade now on KuCoin   Read More: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone   Solana Powers 89% of New Token Launches as Memecoin Craze Fuels Network Source: The Block   Last week saw a staggering 181,000 new tokens appear on decentralized exchanges (DEXs). Solana accounted for 89% of these launches. Memecoin platforms like pump.fun are driving this surge, creating efficient systems for deploying new tokens. Despite this volume, only about 1% of these tokens are successfully listed on major platforms like Raydium. Still, Solana’s technical strength—fast transactions and low fees—keeps it as the top choice for new projects.   The network processed roughly 41 million non-vote transactions last week, showing high user engagement. Established memecoins on Solana are outperforming, second only to major Layer 1 tokens like Ethereum and Solana itself. This shows that investors are still hungry for high-risk, high-reward opportunities even as institutional capital pours into regulated assets like Bitcoin ETFs.   Solana’s position as the preferred network for new token launches remains secure for now. Its technical edge in fee structure and transaction speed keeps it ahead, though the high failure rate of new tokens reminds us of the speculative nature of these projects.   Bitcoin’s $100K Path Could Accelerate in November BTC/USDT Chart Source: KuCoin   Analysts are predicting that Bitcoin could hit $100,000 before the end of November. This expectation follows historical trends and the recent surge in investor interest since Donald Trump won the U.S. presidential election. Bitcoin recently crossed the $90,000 mark, putting it within striking distance of six figures. Its 100% year-to-date rally has outpaced most traditional assets, highlighting its strong appeal as an investment option.   November has historically been the best month for Bitcoin’s returns. A 14.7% increase from the current price of $87,843 would push it past $100,000. If history repeats itself, Bitcoin could break this milestone within weeks. However, leveraged trading ratios have reached unsustainable levels. Kris Marszalek, CEO of Crypto.com, warned that a market correction might be needed before Bitcoin can push further, urging traders to manage their risk wisely.   Despite the need for possible deleveraging, optimism remains strong. Bitcoin has already gained 20% this month, and analysts believe it could match or exceed its historical average monthly return of 44%. The next few weeks will be crucial for BTC as it inches closer to the much-anticipated $100,000 mark.   Bitcoin average monthly returns. Source: CoinGlass   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   $PNUT Crosses $1 Billion Market Cap $PNUT Price Trend | Source: KuCoin   Peanut the Squirrel ($PNUT) has taken the crypto world by storm. This Solana-based memecoin crossed the $1 billion market cap, driven by a massive price surge of 266.17% within just a few days. With a current price hovering around $1.68, $PNUT has caught the attention of both traders and the broader crypto community.    Yet, the hype brings risk. The fear and greed index sits at 84, indicating “extreme greed.” Such levels often suggest collective euphoria, which can be followed by sudden corrections. Despite this, technical analysts remain bullish, forecasting a potential price of $4.73 by December—a jump of 211.12%.   The rapid rise of $PNUT is reminiscent of earlier memecoin successes like Dogecoin and Shiba Inu, which saw massive gains followed by equally sharp corrections. While $PNUT shows promise, investors must remember that its high volatility carries significant risk. The memecoin recorded 50% of “green” days over the last 30 days—a signal of confidence but not a guarantee of stability. The key question for new investors is whether this is a strategic long-term play or just a speculative short-term bet. As always, only invest what you’re willing to lose, as the history of crypto is filled with quick rises and equally rapid falls.   Read More: BTC ETF Sees Net Inflow of $61.3 million, $DOGE Sees 140% Surge with 75,000 New Dogecoin Wallets, BlackRock Expands Tokenized BUIDL Fund: Nov 14   Pennsylvania House Introduces Bill for Bitcoin Reserve   President-elect Donald Trump, known for his pro-crypto stance, has sparked excitement in the crypto market following his election win. At the Bitcoin Conference in Nashville, he pledged to make the U.S. the "crypto capital of the planet," leading many, including Pennsylvania legislators, to take notice. Satoshi Action Fund announced up to 10 more states are likely to follow suit this year.   State Representative Mike Cabell has proposed a bill to allow the state treasurer to invest up to 10% of Pennsylvania’s general fund in Bitcoin. Cabell believes this move would help the state stay ahead of inflation. Bitcoin’s value jumped by 28.7% after the election, reaching over $89,000, and enthusiasts hope it will hit six figures by Trump’s inauguration in January.   The bill, still in planning, faces challenges, including a Democratic-controlled House, Republican-majority Senate, and Cabell’s end of term, as he lost his reelection bid. However, State Representative Torren Ecker plans to continue pushing the effort. Cabell's focus now is educating other legislators on Bitcoin’s potential.   Representative Cabell said, “This work cannot be done by one lawmaker or even a group of lawmakers; it requires advocates who understand the policy intricacies and can help foster these relationships within state legislatures and Congress.”   Not everyone supports the idea. Hilary Allen, a financial regulation professor, called it "an unequivocally bad idea" due to Bitcoin’s volatility. However, similar moves in other states, like Wisconsin and Michigan, show growing interest in alternative assets. Andrew Bull, a digital assets lawyer, notes that such a bold move is rare but could be effective if held long-term.   Despite risks, Cabell remains committed. "I’m more concerned about inflation than risky investments," he said, expressing confidence in Bitcoin’s potential benefits for Pennsylvania.   Conclusion The crypto market remains highly dynamic. Solana’s leadership in token launches, Bitcoin’s rapid move towards $100,000, and $PNUT’s meteoric rise all highlight the opportunities—and risks—available to investors. Solana continues to dominate new projects, thanks to its technical strengths. Bitcoin’s price surge shows promise, but leveraged positions pose a risk for short-term corrections. Meanwhile, $PNUT’s rapid growth underscores the speculative nature of memecoins. As the market evolves, investors need to stay informed and assess whether each opportunity aligns with their risk tolerance and goals.  

Dogecoin ($DOGE) has surged over 140% in the past week. It now trades above $0.4. This rise has come during a broader market rally and is fueled by a sharp increase in new users joining the network.   Source: X   According to on-chain analytics firm Santiment, Dogecoin saw 74,885 new wallets created over the last week. Each wallet holds less than 100,000 DOGE, which signals growing retail interest. At the same time, larger holders known as sharks and whales saw their numbers drop by 350 addresses. Despite this drop, 108 new large wallets have appeared in recent days, adding more buying power to Dogecoin's market.   Ali Martinez, a popular cryptocurrency analyst, believes this rally could be just the start. He predicts that Dogecoin could go parabolic soon, hitting prices between $3.95 and $23.26. Martinez points to historical trends and Fibonacci retracement levels, which often show key moments of strong movement. If this trend plays out, Dogecoin could surpass expectations and reach new highs.   Dogecoin has also outperformed Bitcoin in recent days. While Bitcoin increased by 25% over the past week, Dogecoin’s surge has been much stronger. Last month, Dogecoin saw its biggest spike in active addresses in six months, with 84,000 wallets becoming active. This level of activity shows that users are not just holding DOGE. They are actively trading and transferring it, keeping the network dynamic and strong.   Analyst Insights on Dogecoin's Future Source: KuCoin   Opinions about Dogecoin’s future are mixed. Increased retail interest and growing institutional involvement give a strong base for this rally. Crypto analyst @ali_charts highlighted potential short-term corrections based on the TD Sequential indicator. He noted sell signals for Dogecoin on 4-hour and 12-hour charts, with another forming on the daily chart. These signals suggest Dogecoin may pull back before going higher. Corrections often provide a chance for new buyers, giving fresh momentum to the rally.   Crypto Twitter influencer WIZZ has a different take. He expects Dogecoin to hit $1 soon and outperform other top digital assets. WIZZ also mentioned rumors that Dogecoin could become integrated into X for payments. If this happens, it would greatly increase Dogecoin's use and boost its value. Integration into a major platform like X would be a game-changer, moving Dogecoin beyond its status as a meme asset.   Elon Musk remains central to Dogecoin's story. His influence over the crypto space is significant. Recent rumors suggest Musk could take part in Donald Trump’s new administration, possibly leading a Department of Government Efficiency, nicknamed D.O.G.E. Musk has always been a vocal supporter of Dogecoin. His support and the potential government involvement have clearly added excitement, pushing Dogecoin higher.   Dogecoin’s rapid price rise and the influx of new wallets signal belief in its potential. If analysts are right, Dogecoin could push beyond $3.95 or even reach above $20. With key figures like Musk backing it, Dogecoin is no longer just a joke. It is evolving into a major digital asset with growing use cases.   Read More: Dogecoin Soars 80% in 1 Week as Trump Introduces 'DOGE' Department, Backed by Musk and Ramaswamy   Conclusion Dogecoin is making headlines once again. Nearly 75,000 new wallets appeared in a single week, helping drive a 140% price surge. Analysts predict this could be just the beginning. With Elon Musk’s involvement and possible integration into X, Dogecoin's future looks bright. Whether due to hype or increased adoption, Dogecoin is gaining momentum, and the market is watching closely.

According to SpotOnChain, Tether has minted $5 billion worth of USDT stablecoin over five days, coinciding with Bitcoin's rally to $93,000.This massive liquidity boost aligned with Bitcoin’s push towards the $93,000 milestone. The influx of funds has fueled an already bullish market, providing Bitcoin the boost it needed to surge forward.   Source: SpotOnChain   In the past 5 days, the BTC price kept setting new record highs as Tether Treasury minted a net 5B USDT on both Ethereum and Tron, including:   a net 1B USDT on November 6, after which the BTC price rose to a new high of $76,200; 2B USDT on November 9 and 10, after which the BTC price reached a new all-time high of $89,500; 2B USDT on November 12  SpotOnChain data shows Tether began minting $1 billion USDT on November 6. This mint coincided with Bitcoin reaching $76,200. Tether followed up with $2 billion on November 9 and 10, propelling Bitcoin past $80,000. On November 11, Tether added another $2 billion. In five days, Tether minted a total of $5 billion, adding critical liquidity at the right time.   Tether's market cap jumped to $124 billion, cementing its dominance as the leading stablecoin. This represents a 4.2% growth from its earlier $119 billion. USDT remains a key player in the crypto world, providing liquidity for centralized and decentralized trades. CryptoSlate data shows USDT’s 24-hour trading volume hit $289 billion. Traders are using USDT as a bridge to seize opportunities during this rally.     Impact of USDT Supply on the Market Tether’s supply expansion came as the market rallied. More USDT in circulation means more liquidity. Historically, an increase in USDT supply correlates with gains in major cryptocurrencies like Bitcoin and Ethereum. USDT offers an easy route into the crypto market, providing stable buying power. As Tether pumped more USDT into the market, liquidity surged, allowing for efficient trades.   Bitcoin's price jumped 11% in five days, reaching close to $90,000 on November 12, 2024. The added USDT fueled this climb by making fresh trading capital available. Tether’s minting spree helped maintain bullish momentum by boosting liquidity across exchanges.   With a market cap of $124 billion, USDT now controls roughly 63% of the stablecoin market, which stands at $197 billion. This makes Tether the backbone of market liquidity. The fresh $5 billion has not only propelled Bitcoin but has also reinforced market stability.   Read more: USDT vs. USDC: Differences and Similarities to Know in 2024   Tether Launches Wallet Development Kit Source: X   Tether also recently launched a wallet development kit (WDK) designed for seamless integration of non-custodial wallets on November 12th. The WDK is modular and open-source, making it easy for developers to add wallet features to their platforms. It supports individual users and emerging digital entities like AI agents and robots.   The WDK gives developers tools to create wallets for mobile, desktop, and web. It is fully self-custodial, meaning users have complete control over their assets. Tether CEO Paolo Ardoino stated that the WDK will empower users to manage their finances with "programmable open resilient systems" that connect people, machines, and communities.   Ardoino added:   “WDK by Tether is focusing on open-source, super-modular, highly scalable and battle tested development libraries that are easy to integrate on any platform, from embedded devices to mobile, from laptop apps to websites, from AI agents to robotic brains.”   Conclusion Tether's $5 billion USDT injection added crucial liquidity, which might be another trigger to push Bitcoin towards $93,000. The increase supported a bullish market, with USDT now commanding a $124 billion market cap. Tether's new wallet development kit further strengthens its offerings, empowering developers to build self-custodial wallets that keep users in control.   The combination of increased USDT supply and new technology solidifies Tether's central role in the crypto market. As Bitcoin pushes higher, Tether's liquidity and innovation will continue to be vital in driving market growth and sustaining momentum. Read more: All You Need to Know About Global Dollar (USDG) Stablecoin

Bitcoin hit another milestone above $93,000 on Nov. 13 and is currently priced at $90,375, showing a +2.77% increase, while Ethereum is at $3,187, down by -1.79% in the past 24 hours.   The market's 24-hour long/short ratio in the futures market was almost balanced at 49.8% long versus 50.2% short positions. The Fear and Greed Index, which measures market sentiment, was at 84 yesterday and maintains the Extreme Greed level at 88 today. Bitcoin hit a new all-time high today of $93,000, edging closer to the milestone of $100,000. Bitcoin's latest surge took the market by storm. Investors saw new record highs as positive sentiment fueled optimism in the crypto space.   What’s Trending in the Crypto Community?  Net inflows for nine spot Ethereum ETFs turned positive after 79 trading days. USDT market cap surpassed $125 billion, setting a new all-time high. Linea token to be launched in Q1 2025. BlackRock’s BUIDL fund expanded to chains including Aptos, Arbitrum, Avalanche, Optimism, and Polygon.   Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change PNUT/USDT +426.51% PEPE/USDT +77.30% MOG/USDT +43.98%   Trade now on KuCoin   Read More: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone   BTC ETFs Had a Net Inflow of $61.3M on Nov 13 Data monitored by Farside Investors provides insight into the fund activity for both US spot Bitcoin and spot Ethereum ETFs on November 14. The report indicates significant capital movement across multiple funds, reflecting investor activity and sentiment.   BTC/USDT Chart. Source: KuCoin   The Spot Bitcoin ETF saw a net inflow of $61.3 million in BTC, signaling a considerable uptick in investor interest in Bitcoin. Additionally, the BITB fund experienced a net inflow of $12.3 million, showing a sustained appetite for exposure to Bitcoin through this specific ETF vehicle.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   ETHW Had a Net Inflow of $13M on Nov 13th In the case of Ethereum, the Spot Ethereum ETF had several key inflows. The ETHW fund recorded a net inflow of $13 million, suggesting strong interest in alternative Ethereum-based assets. The primary Ethereum ETF (ETH) saw a more modest net inflow of $2.2 million, while the ETHE fund attracted $5.6 million. These inflows point to diverse investor preferences across different Ethereum-related products, reflecting both interest in mainline Ethereum and variations like ETHW.   ETHUSDT Chart Source: KuCoin   The combined inflows for Bitcoin and Ethereum spot ETFs indicate a broader trend of renewed investor confidence in digital assets. With Bitcoin-related funds attracting nearly $73.6 million and Ethereum funds seeing inflows totaling $20.8 million, the data highlights a growing interest in these key assets despite market fluctuations.   $DOGE Sees Nearly 75,000 New Dogecoin Wallets During BTC Bull Run Fueling 140% Price Surge Dogecoin ($DOGE) has surged over 140% in the past week. It now trades above $0.4. This rise has come during a broader market rally and is fueled by a sharp increase in new users joining the network.   Source: X   According to on-chain analytics firm Santiment, Dogecoin saw 74,885 new wallets created over the last week. Each wallet holds less than 100,000 DOGE, which signals growing retail interest. At the same time, larger holders known as sharks and whales saw their numbers drop by 350 addresses. Despite this drop, 108 new large wallets have appeared in recent days, adding more buying power to Dogecoin's market.   Ali Martinez, a popular cryptocurrency analyst, believes this rally could be just the start. He predicts that Dogecoin could go parabolic soon, hitting prices between $3.95 and $23.26. Martinez points to historical trends and Fibonacci retracement levels, which often show key moments of strong movement. If this trend plays out, Dogecoin could surpass expectations and reach new highs.   Dogecoin has also outperformed Bitcoin in recent days. While Bitcoin increased by 25% over the past week, Dogecoin’s surge has been much stronger. Last month, Dogecoin saw its biggest spike in active addresses in six months, with 84,000 wallets becoming active. This level of activity shows that users are not just holding DOGE. They are actively trading and transferring it, keeping the network dynamic and strong.   Read more: Dogecoin Soars 80% in 1 Week as Trump Introduces 'DOGE' Department, Backed by Musk and Ramaswamy   BlackRock Expands Tokenized BUIDL Fund to Aptos, Arbitrum, Avalanche Optimism, and Polygon BlackRock's BUIDL fund, tokenized by Securitize, is moving beyond Ethereum. It now includes Aptos, Arbitrum, Avalanche, Optimism, and Polygon blockchains. This expansion aims to increase access for investors DAOs and digital asset-native firms across these ecosystems. BlackRock wants to capitalize on growing demand for tokenized assets by providing a more inclusive environment for those seeking exposure to government securities.   BUIDL leads the tokenized government securities niche with $517 million in assets. This equals around 22% market share in the $2.3 billion sector. Launched in partnership with Securitize, the fund offers on chain yield, dividend accrual, and near real-time peer-to-peer transfers. Expanding to new blockchain networks will allow developers to integrate BUIDL into their ecosystems, boosting accessibility and potential use cases.   "We wanted to develop an ecosystem that was thoughtfully designed to be digital and take advantage of the advantages of tokenization," Securitize CEO and co-founder Carlos Domingo said. "Real-world asset tokenization is scaling, and we're excited to have these blockchains added to increase the potential of the BUIDL ecosystem. With these new chains we'll start to see more investors looking to leverage the underlying technology to increase efficiencies on all the things that until now have been hard to do."   With Aptos, Arbitrum, Avalanche, Optimism, and Polygon now onboard, developers can work within their preferred blockchain while accessing BUIDL. This broadens the potential for yield-generating investments and deepens liquidity in DeFi. BNY Mellon will continue as the fund’s administrator and custodian, ensuring consistent management across all blockchains. This step shows how traditional institutions like BNY Mellon adapt as blockchain technology evolves.   Read more: Top 5 Crypto Projects Tokenizing Real-world Assets (RWAs) in 2024   The Growing Market for Tokenized Government Securities The market for tokenized government securities is growing fast, and BlackRock's BUIDL fund leads the charge. Launched in March, BUIDL became the largest tokenized government securities fund in less than 40 days. It now holds $517 million in assets, accounting for 22% of the market share. This rapid growth shows that investor interest in blockchain-based financial products is rising.   Franklin Templeton introduced the OnChain U.S. Government Money Fund (FOBXX) through the BENJI token in 2021. It was the first U.S.-registered fund to use blockchain for transactions. BENJI now operates on Aptos, Arbitrum, Avalanche, Stellar, and Polygon with $403 million in assets. Though BENJI was the first, BUIDL quickly overtook it due to its institutional backing and aggressive expansion.   Demand for tokenized assets is growing as investors seek transparency, liquidity, and efficiency. By expanding BUIDL to more blockchains, BlackRock makes these securities more accessible. This opens doors for DAOs and DeFi projects to use these assets in their protocols, offering new ways to earn yield and use collateral.   Conclusion With the fast-paced crypto market and Bitcoin hitting another new milestone above $93,000, spot Bitcoin (BTC) ETFs saw a new net inflow of $61.3 million, while ETHW experienced a net inflow of $13 million on November 13th. BlackRock’s BUIDL fund is expanding to Aptos, Arbitrum, Avalanche, Optimism, and Polygon. This expansion aims to make government securities more accessible and integrate them into DeFi ecosystems. BUIDL’s rapid growth highlights the strong demand for tokenized assets. Meanwhile, Dogecoin added 74,885 new wallets last week, driven by bullish sentiment and its connection to Elon Musk. These developments underscore the potential for Bitcoin to soon reach the $100,000 milestone.

Bitcoin’s surge past $90,000 has reignited interest across the cryptocurrency market, setting the stage for altcoins to capture fresh momentum. Fueled by optimism around the Trump administration’s pro-crypto stance, Bitcoin’s recent gains have sparked investor enthusiasm for top altcoins poised to benefit from this rally. Since November 5, the broader market has gained significant traction, with key assets making impressive strides alongside Bitcoin. Here are the trending altcoins to watch as this bullish wave creates new growth opportunities.   Quick Take  Ethereum (ETH) surged to $3,400 on strong ETF inflows and DeFi activity, with potential to reach $4,000 as spot Ether ETFs gain traction among institutional investors. Peanut the Squirrel (PNUT) rallies 800% in a week, making the most of the upbeat market sentiment and renewed attention on memecoins, especially political-themed ones.  Dogecoin (DOGE) rose to $0.43, driven by Trump’s announcement of a “DOGE” department co-led by Elon Musk, which has intensified retail interest in the memecoin. XRP (XRP) gained 15% on hopes of a regulatory resolution with the SEC, bolstered by speculations of Trump administration support, and could rally further with a favorable outcome. Cardano (ADA) increased 35% as founder Charles Hoskinson engages with U.S. policymakers; upcoming upgrades like the “Chang” hard fork aim to enhance Cardano’s governance and scalability. Bonk (BONK) flashes “GOD candle,” signaling a continuation of its rally to new gains in the short-term.  Ethereum (ETH): ETF Inflows and DeFi Expansion Fuel Growth ETH/USDT price chart | Source: KuCoin   Ethereum has rallied over 37% this past week, climbing to a peak of $3,400 amid surging institutional demand and a renewed wave of activity in decentralized finance (DeFi). Ethereum’s rally has been bolstered by spot Ether ETFs, which have seen inflows nearing $295 million, with Fidelity’s Ether ETF leading the pack. This influx of institutional capital is helping narrow the performance gap between Ethereum and Bitcoin, as Ethereum’s utility continues to grow through DeFi and broader blockchain applications. With Vitalik Buterin recently discussing Ethereum’s ambitions to combine finance and information systems, the platform’s dual focus is drawing heightened interest from institutional and retail investors alike.   As analysts eye $4,000 as Ethereum’s next price milestone, additional catalysts may come from a potential SEC approval of U.S.-based spot Ether ETFs, which could further fuel demand. DeFi applications on Ethereum are also seeing a marked increase in active addresses and transaction volumes, signaling broader engagement and reinforcing the network’s position as a decentralized finance leader. Ethereum’s expanding role in the market, coupled with increasing institutional interest, points to a robust growth outlook as we head into 2024.   Read more: What Is The Surge Phase in Ethereum 2.0 Upgrade? Peanut the Squirrel (PNUT) Gains Over 800% in a Week After CEX Listings  PNUT/USDT price chart | Source: KuCoin   Peanut the Squirrel (PNUT) has emerged as one of the top-performing memecoins, rallying over 800% within a week and attracting significant attention from traders and crypto enthusiasts alike. Launched on Solana, PNUT skyrocketed after being listed on KuCoin and Binance, with its trading volume exceeding $1.1 billion in 24 hours. Initially created as a tribute to Peanut, an internet-famous squirrel whose controversial euthanization became a political flashpoint during the U.S. election, PNUT’s story quickly resonated with the public, gaining support from Trump supporters and fueling its popularity beyond crypto circles. This surge in interest has catapulted PNUT’s market cap to over $442 million, making it one of the most discussed memecoins on Solana.   The momentum behind PNUT is fueled not only by its unique backstory but also by a growing investor base, which has now surpassed 45,000 holders globally. Analysts predict that the coin could see further growth, with some forecasting a target market cap between $10 billion and $20 billion if the current trajectory holds. Technical indicators support this bullish outlook, with higher lows forming on the chart—a signal that buyer interest remains strong. While some traders anticipate PNUT could even surpass memecoins like PEPE, only time will tell if this squirrel-themed token can maintain its upward momentum and become one of the dominant players in the memecoin market.   Read more: Top Solana Memecoins to Watch in 2024 Dogecoin (DOGE): Trump’s “DOGE” Department Boosts Memecoin Market DOGE/USDT price chart | Source: KuCoin   Dogecoin has been one of the biggest winners in the postelection rally, surging over 200% in just three weeks. Trump’s recent announcement of the Department of Government Efficiency, cheekily referred to as the “DOGE” department, has reignited interest in the original memecoin. The new department will be co-led by Tesla CEO Elon Musk, an avid supporter of Dogecoin, alongside Vivek Ramaswamy. The announcement has led to a wave of speculation that Musk’s influence could shape pro-crypto policies in the U.S. government, adding to Dogecoin’s appeal among retail investors. As a result, Dogecoin reached a peak of $0.43, its highest level in years.   Technical analysts have pointed out that Dogecoin’s current rally may still have room to grow, with targets ranging as high as $2.40 or even $18 under favorable market conditions. With DOGE riding high on speculation and retail enthusiasm, its bullish structure appears to be consolidating for further gains. This renewed momentum has set Dogecoin apart as a strong contender in the meme coin space, making it a high-risk, high-reward asset for those willing to capitalize on market volatility.   Read more: Dogecoin Soars 80% in 1 Week as Trump Introduces 'DOGE' Department, Backed by Musk and Ramaswamy Cardano (ADA): U.S. Policy Influence and Network Upgrades Drive ADA Surge ADA/USDT price chart | Source: KuCoin   Cardano has also been a notable performer in the wake of Trump’s election, with ADA gaining 35% to reach its highest price in weeks. This rally comes as Cardano founder Charles Hoskinson announced his active engagement in shaping U.S. cryptocurrency policy. With the Trump administration likely to take a friendlier stance on blockchain technology, Cardano’s proactive involvement in regulatory discussions positions it as a unique asset within the crypto space. ADA’s price increase reflects growing confidence in Cardano’s ability to navigate the evolving regulatory landscape and potentially influence favorable outcomes for the broader blockchain ecosystem.   Technological advancements are further strengthening Cardano’s outlook. The network’s upcoming “Chang” hard fork, scheduled for December, introduces community-driven governance mechanisms, empowering ADA holders with voting rights and enhancing decentralization. Additionally, the planned Ouroboros Leios upgrade aims to improve Cardano’s scalability and transaction speed, making it more competitive with other major blockchains. With a commitment to regulatory engagement and network improvements, Cardano is poised for a sustained rally, potentially positioning ADA as a major player in the next phase of market growth.   Read more: Cardano Chang Hard Fork: All You Need to Know Ripple’s XRP: Trump Administration Rumors and Regulatory Optimism Drive Rally XRP/USDT price chart | Source: KuCoin   XRP has rallied over 15% amid rumors that Ripple executives may be working with the Trump administration to resolve ongoing regulatory challenges with the SEC. The potential for a favorable outcome has excited investors, with XRP reaching $0.74, a level it has not seen in months. The renewed optimism is reflected in XRP’s futures open interest, which has surged significantly, indicating strong investor confidence in the asset’s upward trajectory. Analysts believe that a positive resolution with the SEC could be a game-changer, providing XRP with regulatory clarity that could drive substantial price gains.   Moreover, technical indicators point to strong bullish momentum for XRP, as it has consistently outperformed other major cryptocurrencies in recent sessions. The prospect of Trump’s administration creating a more crypto-friendly environment has made XRP a favored asset, especially among investors looking to hedge against regulatory uncertainty. If XRP can maintain its current momentum, analysts predict that it could rally toward $1.00 or beyond, solidifying its position as a major player in the altcoin market. Bonk Rallies as “GOD Candle” Signals Room for Potential Gains  BONK/USDT price chart | Source: KuCoin   Bonk (BONK), a Solana-based memecoin, has recently captured market attention with a 23% surge, breaking past a key resistance at $0.000025. This upward momentum, driven by what analysts refer to as a “GOD candle,” has positioned BONK as a contender in the current altcoin rally. Following this breakout, BONK reached a peak of $0.000034, suggesting that the meme token could be on the cusp of a broader bullish trend. Strong MACD alignment reinforces this momentum, indicating substantial buying interest that may push BONK toward its next resistance level at $0.000045.   The market response has been bolstered by BONK’s recent listing on Binance US, significantly boosting its trading volume on decentralized exchanges (DEXs) to over $60 million in two days. Technical indicators, such as a bullish golden cross between the 50-day and 200-day moving averages, signal potential for sustained growth. However, with high volatility in play, market watchers remain cautious. The price needs to stay above $0.000026 to confirm a bullish continuation, with analysts eyeing a potential year-to-date high of $0.000044 if the current trend persists. Conclusion Bitcoin’s correction today has seen it retrace slightly, now trading around $86,000, yet strong fundamentals across the crypto market signal continued momentum for altcoins. With the Trump administration hinting at potential pro-crypto policies, investors are closely watching how upcoming regulations might fuel or temper this rally. Altcoins like Ethereum, Dogecoin, XRP, PNUT, and BONK are positioned to capture gains, each backed by unique fundamentals or significant speculative interest. Though the market’s high volatility calls for cautious optimism, institutional backing and supportive U.S. policies could indeed usher in one of the most transformative phases in crypto history.   Read more: PayPal Integrates LayerZero, Trump Appoints Musk to Lead DOGE and More: Nov 13

Dogecoin surged Tuesday night, skyrocketing over 20% after President-elect Donald Trump announced the formation of a new department focused on government efficiency, which he dubbed the “DOGE” department. In his statement, Trump named Tesla’s Elon Musk and former Republican candidate Vivek Ramaswamy as department leaders, underscoring a focus on eliminating bureaucratic inefficiencies and optimizing government expenditures.   Quick Take Dogecoin surged over 20% on Tuesday following Trump’s announcement of a new Department of Government Efficiency, or “DOGE.” Elon Musk and Vivek Ramaswamy will lead this department, aiming to streamline government operations. DOGE has surpassed XRP to become the sixth-largest cryptocurrency by market cap, reflecting renewed retail interest. The rally aligns with an increase in small retail wallets holding Dogecoin, while whale wallets show renewed activity. This announcement sparked a sharp rise in Dogecoin’s value, pushing it into a postelection rally. Since election day, Dogecoin has gained 153%, while Bitcoin has risen by just 30%.   Dogecoin Climbs to Sixth-Largest Crypto Post US Elections Dogecoin becomes 6th largest crypto by market cap | Source: Coinmarketcap    Dogecoin’s price surge has propelled it to the sixth-largest cryptocurrency by market capitalization, overtaking XRP. Memecoins like Dogecoin often mirror retail interest in the crypto market, and the DOGE rally may signify a growing appetite for speculative investments among small traders.   Musk’s longstanding support for Dogecoin likely contributed to the excitement, with many speculators seeing the DOGE department as a nod to his “Dogefather” persona. This connection between crypto and political developments seems to be driving up Dogecoin’s appeal.   All About Trump’s DOGE Announcement  Trump’s DOGE Announcement | Source: ShackNews    Trump’s announcement of the Department of Government Efficiency, referred to as “DOGE,” has created significant buzz in the crypto community, particularly among Dogecoin supporters. This department aims to streamline government processes, eliminate unnecessary bureaucracy, and cut down on excess spending. The choice of acronym—“DOGE”—immediately resonated with the crypto world, as Dogecoin is often symbolized by the Shiba Inu “Doge” meme.   The connection between Dogecoin and the DOGE department has been strengthened by the involvement of Elon Musk. Known for his playful and public support of Dogecoin, Musk has often endorsed the coin on social media, calling himself the “Dogefather” and helping propel the coin into mainstream attention. By appointing Musk as a leader in the DOGE department, Trump has effectively linked the department's goals with Musk’s persona as a champion of Dogecoin, adding weight to the connection between the two.   Musk’s presence in the department could have a dual impact: bolstering Dogecoin’s perceived value as a “people’s coin” and possibly fueling its adoption by connecting it to influential figures in government reform. For investors, this unusual tie-in between Dogecoin and government reform signals that the meme coin could benefit from continued celebrity and public support, helping maintain its relevance and potential for growth in the crypto market.   Read more: PayPal Integrates LayerZero, Trump Appoints Musk to Lead DOGE and More: Nov 13   Retail Investors and Whale Activity Fuel DOGE Rally Dogecoin daily active address vs. price | Source: Santiment    Recent data highlights an uptick in smaller retail wallets purchasing Dogecoin. IntoTheBlock reported over 6 million Dogecoin transactions last week, the highest since February. Additionally, a rise in new wallets holding less than 100,000 DOGE signals renewed retail interest in the memecoin.   Meanwhile, larger wallets, often called “whales” and “sharks,” have shown mixed signals. Over 100 of these high-value accounts recently re-entered the market, adding strength to the rally. Santiment analytics suggest that consistent buying by both retail investors and larger holders could sustain the momentum.   Dogecoin to the Moon: $1 DOGE An Ambitious Target? DOGE/USDT price chart | Source: KuCoin    The recent DOGE rally has reignited dreams of Dogecoin hitting $1, a psychological milestone for enthusiasts. Some analysts speculate that with the current political and celebrity backing, DOGE could reach targets between $2 and $4 in this bull market cycle. There’s even speculation of Dogecoin climbing to $30 by 2025, though this remains highly optimistic.   The rally may be further supported by technical indicators like the “golden cross” on the weekly chart, hinting at a promising outlook for the final quarter of 2024.   Read more: Top 10 Dog-Themed Memecoins to Watch in 2024   Dogecoin Price Prediction: What Lies Ahead? Dogecoin’s latest rise showcases the coin’s unique blend of meme power and celebrity backing, setting it apart from other assets. While its unlimited supply could limit its long-term value, Dogecoin’s recent performance suggests it may retain significant market interest if it continues to evolve.   Looking ahead, consistent support from both retail investors and whales will be critical for sustaining this upward trend. Analysts will also be watching for the impact of Musk’s role in the incoming Trump administration, as his influence could continue to propel Dogecoin’s popularity and utility.   Read more: Top Altcoins to Watch This Week as Bitcoin Breaches New High of Above $89,000

Bitcoin is currently priced at $87,936 showing a -0.79% decrease, while Ethereum is at $3,245, up by -3.73% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.3% long versus 50.7% short positions. The Fear and Greed Index, which measures market sentiment, was at 80 yesterday and is now at Extreme Greed level at 84 today. Bitcoin hit a new all-time high of $90,000, edging closer to the milestone of $100,000. The world’s largest cryptocurrency by market cap soared above $90,000, driven by the excitement following Donald Trump's election victory. Bitcoin's latest surge took the market by storm. Investors saw new record highs as positive sentiment fueled optimism in the crypto market.   What’s Trending in the Crypto Community?  Ethereum Foundation EF researcher proposes Beam Chain to reset the Ethereum consensus layer PayPal stablecoin PYUSD enables transfers between ETH and Solana via LayerZero McDonald’s hints at collaboration with NFT project Doodles, more details to be announced on November 18 Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change BONK/USDT +30.21% XLM/USDT +14.08% XRP/USDT +13.22%   Trade now on KuCoin   Read More: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone   Bitcoin Hits $90K Amid Rally Driven by Trump's Victory BTC/USDT  price chart | Source: KuCoin   Bitcoin climbed past $90,000 on Tuesday afternoon, setting a new all-time high. This rally added to its rise of over 30% in the past week. Bitcoin gained 1.8% in just 24 hours, reaching $90,000 as enthusiasm grew for Trump’s victory. Investors viewed Trump’s pro-crypto stance as a significant driver of market optimism.   Alex Thorn, head of research at Galaxy Digital, called it one of Bitcoin's biggest moments. He noted that Monday saw the largest single-day increase in Bitcoin history, adding $8,343 in just one day. This surge also boosted the U.S. spot Bitcoin ETFs, with record inflows seen last week. BlackRock's spot Bitcoin ETF alone saw $4.5 billion in daily volume, marking its highest point since launch.    Eric Balchunas, Bloomberg’s senior ETF analyst, described the surge as a day of “lifetime records.” The excitement didn't end there. Peter Chung, head of research at Presto Research, said that fund managers ignoring Bitcoin risked failing their fiduciary duty. He emphasized the growing importance of Bitcoin in a balanced portfolio, citing regulatory clarity and spot ETFs as key reasons.    Justin d'Anethan, head of APAC business at crypto market maker Keyrock, highlighted the bullish sentiment. He saw Bitcoin’s price milestone as a sign of growing stability and political favor. Supportive regulation played a major role, he said, pointing to lower taxes, less government interference, and dovish central bank policies. Investors viewed these as tailwinds for Bitcoin’s continued growth.   The broader market echoed Bitcoin’s gains. The GMCI 30, an index representing the top 30 cryptocurrencies, climbed 1.1%, reaching 161.54. Experts predicted Bitcoin would hit $100,000 in the next few months, with many confident in continued bullish momentum.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Aggregate BTC/USDT order book. Source: TRDR.io   Read More: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024   PayPal Integrates LayerZero for Transfers Between Ethereum and Solana Total Ethereum Stablecoin Supply Source: The Block   PayPal USD (PYUSD) took a major step forward by integrating LayerZero. This move allows easy transfers between Ethereum and Solana. The integration eliminates liquidity fragmentation and ensures fast, secure transfers for users and businesses. PYUSD’s market cap on Ethereum remained stable at $350 million. In contrast, supply on Solana dropped from $660 million in August to $186 million by November.   Jose Fernandez da Ponte, PayPal’s senior vice president, highlighted the benefits of LayerZero. He said the integration provides flexibility and convenience for PYUSD holders. LayerZero Labs CEO Bryan Pellegrino added that LayerZero’s Omnichain Fungible Token (OFT) standard offers unmatched interoperability for stablecoins. This integration allows PYUSD to move easily between Ethereum and Solana, giving users more options.   Sam Altman’s World Project Expands in Brazil Sam Altman's project World, previously called Worldcoin, launched its human verification program in Brazil. The company announced this expansion on Tuesday. Tools For Humanity, co-founded by Altman and Alex Blania, leads development for World. Brazil offers a large market with over 215 million people and a favorable attitude toward crypto.   World’s goal is ambitious. It aims to assign digital identification to every human. By scanning users’ eyeballs, World issues them WLD crypto tokens, confirming their humanity. The project's focus is to address rising threats like AI-powered bots, deepfakes, and identity theft. World said that bad bots now make up almost a third of all internet traffic. Soon, bots may surpass humans in online presence. The project seeks to offer a solution to verify human users in this increasingly automated space.   World has faced scrutiny. Collecting biometric data raised privacy concerns in several countries, leading to bans or restrictions. However, the project insists it does not store biometric data after verification, aiming to alleviate fears while ensuring security.   WLD/USDT price chart | Source: KuCoin    At the time of writing, Worldcoin (WLD) is trading at around $2.26, around 14% down in the past 24 hours. However, the coin has registered gains of over 16% in the past week.    Learn more: What Is Worldcoin (WLD), and How to Get It?   Trump Appoints Musk to Lead DOGE Efficiency Department as Dogecoin Soars President-elect Donald Trump confirmed Tuesday that Tesla CEO Elon Musk and Strive co-founder Vivek Ramaswamy will head the new Department of Government Efficiency (DOGE). The announcement coincided with a surge in Dogecoin's market cap now at $60 billion.   Trump’s Plan to Reshape Government Trump selected Elon Musk and Vivek Ramaswamy to lead DOGE. He announced these leaders will help dismantle government bureaucracy, cut regulations, reduce waste, and restructure federal agencies. Trump said this department will work outside the government focusing on structural reform with an entrepreneurial approach while collaborating with the White House and the Office of Management and Budget.   Musk suggested creating this department and has been involved in staffing decisions since Trump’s election victory. Musk also supports Dogecoin whose acronym matches the new department. He helped fund Trump's campaign appearing at rallies and committing millions to re-election.   Ramaswamy previously competed against Trump in the Republican primaries but has now joined the administration. On X, Ramaswamy posted "We will not go gently" while Musk added "Threat to democracy? Nope, threat to bureaucracy!"   Dogecoin Surges with Announcement DOGE/USDT price chart | Source: KuCoin   Dogecoin's price jumped after Trump's announcement. DOGE rose 12.2% in the past 24 hours now trading at $0.406. The cryptocurrency surged by 136% in the past week pushing its market cap to $60 billion. Musk's association with DOGE and his role in the new department continues to fuel investor interest.   Learn more: Top 10 Dog-Themed Memecoins to Watch in 2024   Conclusion Bitcoin's break above $90,000 reflects a bullish wave across the crypto market. Trump’s election win, coupled with positive regulatory moves, added fuel to Bitcoin's rally. Meanwhile, PayPal expanded its stablecoin utility, and World aimed to enhance user verification globally. Trump appointing Musk to Lead the DOGE Efficiency Department as Dogecoin Soars is edging crypto into the mainstream’s forefront. These developments suggest growing confidence in the crypto market, signaling that this bullish trend may continue well into the future.   Read more: Top Altcoins to Watch This Week as Bitcoin Breaches New High of Above $89,000 

The cryptocurrency market is reaching new heights, fueled by Bitcoin’s unprecedented rally above $89,000 and a surge in overall market capitalization, which now stands at $3.1 trillion. This milestone places the crypto market’s valuation just below France’s GDP, positioning it as one of the world’s largest economic forces. With new momentum across major cryptos, here are the top assets to watch as the crypto market enters a new era of growth.   Quick Take Bitcoin (BTC) has surged to an all-time high of $89,500, marking an 11% increase in the past 24 hours. Ethereum (ETH) hit a peak of $3,384, driven by record-breaking ETF inflows and institutional interest. Solana (SOL) climbed to $222, its highest price since December 2021, fueled by strong DeFi growth. Dogecoin (DOGE) reached $0.41, supported by speculations around Elon Musk’s influence in U.S. crypto policy. Worldcoin (WLD) soared 24% following the expansion of its ID verification project to 40 countries. Sui (SUI) touches a new all-time high of $3.30 after registering almost 60% gains in the past week.  Bitcoin Breaks $89,000, Eyes $100,000 Target BTC/USDT price chart | Source: KuCoin   Bitcoin’s rally continues to redefine market trends, hitting a record high above $89,900 on November 12. BTC’s market cap alone now surpasses that of Spain, placing it as a top financial asset. Analysts expect Bitcoin to maintain its dominance as the primary driver of crypto’s valuation surge. Markus Thielen of 10x Research notes that Bitcoin’s trajectory toward $100,000 could happen before year-end, particularly with growing institutional inflows into Bitcoin ETFs.   Further reinforcing this bullish outlook, the post-halving supply constraints are tightening Bitcoin’s availability, a phenomenon that experts like Jesse Myers attribute to Bitcoin’s exponential price growth. Bitcoin’s limited supply, combined with surging demand from U.S. ETFs, has created a “flywheel effect” that is likely to push prices even higher.   Read more: Bitcoin at 89k, Solana Soars Close to All Time Highs at $222, Bitcoin ETF Trading Volume Increases to $38 Billion: Nov 12 Ethereum Hits $3,400 Amid Record ETF Inflows and DeFi Expansion ETH/USDT price chart | Source: KuCoin   Ethereum continues to gather momentum, with its price climbing above $3,400 on November 12, driven by institutional demand and DeFi growth. Spot Ether ETFs saw inflows totaling nearly $295 million, with Fidelity’s ETF leading the way. This influx of capital is helping Ethereum narrow the performance gap with Bitcoin, bolstered by increasing adoption in the DeFi sector. Vitalik Buterin recently emphasized Ethereum’s dual focus on finance and information systems, aiming to expand the network's utility and institutional appeal.   Analysts are optimistic that Ethereum could soon approach $4,000, particularly if the U.S. SEC approves spot ETH ETF options. Ethereum’s long-term potential as a decentralized finance platform continues to attract both retail and institutional investors.   Read more: What Is The Surge Phase in Ethereum 2.0 Upgrade? Solana Surges to $223 on DeFi Growth, New ATH Soon? SOL/USDT price chart | Source: KuCoin    Solana has seen a remarkable recovery, reaching $223, marking a 35% increase over the past week. This rally is largely attributed to Solana’s strong DeFi ecosystem, with total value locked (TVL) reaching $7.6 billion, the highest level since 2021. Key decentralized applications like Raydium and Drift are significantly boosting Solana’s ecosystem, helping to attract new users and capital to the network.   Solana’s growth has reignited talks of a potential “flippening” with Ethereum, where its market cap could challenge or surpass Ethereum's. Solana’s active community and high-speed blockchain technology position it well for continued upward movement, with analysts speculating a new all-time high if the current trend persists.   Read more: Solana vs. Ethereum: Which Is Better in 2024? Dogecoin Surpasses $0.42 as Elon Musk’s Influence Boosts Investor Confidence DOGE/USDT price chart | Source; KuCoin    Dogecoin, the original memecoin, has experienced a strong rally, climbing over $0.42 and surpassing its three-year high. This surge is linked to speculation that Elon Musk, a prominent supporter of Dogecoin, may take a government role under the Trump administration. Musk’s association with crypto-friendly policies has renewed interest in Dogecoin, leading to a surge in options trading.   As retail interest in Dogecoin grows, the token is well-positioned to continue its upward momentum, with some analysts predicting it could revisit its previous high of $0.73.   Read more: Top 10 Dog-Themed Memecoins to Watch in 2024 Worldcoin (WLD) Jumps 24% on Global Expansion of ID Verification WLD/USDT price chart | Source: KuCoin   Worldcoin, co-founded by Sam Altman, has seen its price rise by 24% as it expands its ID verification project across 40 countries. The World ID program uses biometric verification, which has resonated well in new markets in Europe and Latin America, driving interest in the WLD token. This expansion has boosted trading volume and attracted large-scale investors, with over 45% of WLD holders now profitable at current prices.   Analysts believe Worldcoin’s focus on decentralized identity could position it as a key infrastructure project within the crypto ecosystem, with the potential to reach new price levels if the current momentum continues.   Read more: Best Decentralized Identity (DID) Projects to Watch in 2024 Sui (SUI) Reaches New All-Time Highs as DeFi Growth Bolsters Market Cap SUI/USDT price chart | Source: KuCoin   Sui (SUI) has recently emerged as a top-performing cryptocurrency, reaching a new all-time high of $3.30 on November 11, 2024, with a surge in market cap to $9.83 billion. Over the past week, SUI’s price has skyrocketed nearly 60%, positioning it among the top assets to watch as it gains traction in the decentralized finance (DeFi) space.   At the time of writing, SUI is trading at $3.08, with a trading volume of $2.95 billion in the past 24 hours. The coin has seen consistent support from technical indicators like the bullish BBTrend and EMA alignment, signaling strong buying momentum that could propel SUI to even higher levels if the trend persists.   Sui’s Total Value Locked (TVL) has also seen impressive growth, reaching a peak of $1.48 billion. This increase underscores the network’s growing adoption and usage within the DeFi ecosystem. As Sui’s market cap rises and its DeFi ecosystem grows, the network is drawing attention for its ability to attract liquidity and user participation, signaling robust support for future growth. With key support levels around $2.21, Sui is poised to maintain its upward trajectory, setting the stage for potential new highs and solidifying its position as a major player in the crypto market.   Read more: SUI Price Soars 66% to Record Market Cap: What’s Next for SUI? Crypto Market on Track for $10 Trillion Valuation by 2026? According to a recent report by Standard Chartered, a favorable regulatory environment under the Trump administration could quadruple the crypto market cap to $10 trillion by 2026. The bank cites potential positive policy changes as a significant tailwind for crypto, suggesting that institutional adoption could drive valuations to unprecedented levels. Geoff Kendrick, head of digital assets research at Standard Chartered, points out that the growth of use-case-driven digital assets will play a critical role in the next market phase.   Conclusion The crypto market’s recent rally, led by Bitcoin’s breakthrough to $89,000, marks an exciting time for investors. With Ethereum, Solana, Dogecoin, and Worldcoin showing strong momentum, these assets are among the top to watch. However, as the market enters “extreme greed” territory, investors should stay vigilant and consider risk management strategies. The surge in market cap and favorable U.S. policy prospects signal continued growth, yet market volatility remains a key factor for the months ahead.

Bitcoin is currently priced at $88,637 showing a +10.30% increase, while Ethereum is at $3,371, up by +5.89% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 51.2% long versus 48.8% short positions. The Fear and Greed Index, which measures market sentiment, was at 76 yesterday and is now at Extreme Greed level at 80 today. Bitcoin and Solana are soaring to new heights today. Bitcoin hit a new all-time high of $89,000, edging closer to the milestone of $100,000. Solana also surged, reaching $222 and sparking optimism about breaking its previous record at $260.    What’s Trending in the Crypto Community?  Bitcoin surpassed $89,000 today and now BTC’s market value exceeds silver. Total open interest in Bitcoin contracts across the network exceeds $50 billion, setting a new record. Circle announced that USDC will soon support Unichain. Circle introduces a new concept, supporting AI agents to operate and trade independently using USDC. MicroStrategy acquires 27,200 BTC for approximately $2.03 billion. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change CRO/USDT +67.28% WLD/USDT +25.35% LEO/USDT +24.21%   Trade now on KuCoin   Read More: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone   Bitcoin Nears $100K Milestone, Today at $89K  BTC/USDT Price 11/12/24 Source: KuCoin   Bitcoin hit $89,000, just 12% away from the elusive $100,000 mark. Analysts point to increased spot Bitcoin ETF inflows and heightened market volatility. Many see this rally as a sign of growing confidence in Bitcoin's value, especially with regulatory clarity in sight.   Investors predict this crypto bull run will extend into 2025, likely peaking in the second half. Analysts at MV Global see these trends as indicators of growing institutional involvement in Bitcoin.   Polymarket's odds for Bitcoin breaking $100,000 by the end of 2024 surged to 54% after the price reached $89,000. Earlier in the day, "yes" shares on the prediction market traded at $0.32. By the afternoon, they reached $0.57, a 78% jump. Trading volume surpassed $2.6 million, reflecting increased betting on Bitcoin hitting the big $100K. As of November 11, Bitcoin was trading at $86,512, marking an 8.1% gain in just 24 hours.   Source: Polymarket   Bitcoin’s recent surge attracted significant attention, with $88.4 billion traded in a day. During that time, $193 million in liquidations took place, indicating rapid market movement. Polymarket, a decentralized prediction platform founded by Shayne Coplan, saw $6.01 billion in cumulative volume by November 11. Most of this activity centered around the U.S. presidential election but shifted quickly as Bitcoin gained momentum.   Solana’s Rally to $222 Raises Hopes for a New Record Solana’s native token (SOL) surged 35% between November 5 and November 11, reaching $222. This rally brought SOL within 20% of its all-time high of $260. Investors believe the price surge could continue, especially following Bitcoin’s recent performance. Increased institutional inflows and optimism around U.S. regulatory developments have contributed to this bullish sentiment.   Solana total value locked (TVL) in USD. Source: DefiLlama   Solana has also outperformed other altcoins, which saw a 33% increase over the same six-day period. Investor confidence in Solana is growing, driven by an increase in smart contract activity. Total Value Locked (TVL) on Solana reached $7.6 billion by November 10, its highest since December 2021. Key decentralized apps like Jito, Raydium, Drift, and Binance’s liquid staking drove a 36% growth in deposits.   While some criticize Solana for its reliance on memecoins like Dogwifhat, Bonk, and Popcat, the blockchain's activity extends beyond just meme assets. Platforms like Pump.fun have boosted decentralized exchange (DEX) volumes on Solana, with weekly volumes hitting $17.1 billion by November 2. This level of activity hasn’t been seen since March 2024 and gave Solana a 26% share of the DEX market, even overtaking Ethereum. In November, Solana collected $88.2 million in monthly fees, strengthening its network security.   Compared to other blockchains, Ethereum collected $131.6 million, while Tron earned $49.1 million over 30 days. Solana’s ability to generate significant revenues despite its smaller TVL demonstrates its growing influence in the blockchain ecosystem. Magic Eden, Solana’s leading NFT marketplace, saw over 77,000 active addresses in 30 days, surpassing Ethereum’s OpenSea, which had 37,940 active addresses.   This data shows that Solana's appeal goes beyond memecoins. Traders are also using Solana for NFTs and other decentralized activities, contributing to its growth. Analysts have pointed out that SOL futures funding rates recently jumped to 5%, indicating some over-enthusiasm. However, as of November 11, rates settled back to a neutral 1.8%, suggesting a healthy balance between leverage and spot activity.   Solana weekly DEX volumes, USD. Source: DefiLlama   Bitcoin ETF Trading Volume Soars to $38 Billion as BTC Hits $89K Source: The Block   Bitcoin's latest rally sparked explosive trading activity. On November 11, Bitcoin hit a new high of $89,000. This surge pushed combined daily trading volume for Bitcoin ETFs, MicroStrategy, and Coinbase shares to $38 billion. This record volume shows growing investor interest as Bitcoin closes in on the $100,000 milestone.   Bitcoin Pushes Trading Volume to Record Levels Bitcoin jumped 11% to reach $89,500 on November 11. The price rally drove massive trading in US spot Bitcoin ETFs, MicroStrategy (MSTR), and Coinbase (COIN). Combined trading volume hit a record $38 billion. This smashed the previous $25 million high set in March. Bloomberg ETF analyst Eric Balchunas called it a day of “lifetime records being set everywhere.”   BlackRock's iShares Bitcoin Trust ETF (IBIT) alone saw $4.5 billion in trading. Balchunas described it as a week of intense inflows. He said, "It really deserves a name like Volmageddon." The massive activity showed all-time high investor interest in Bitcoin and related assets.   MicroStrategy and Coinbase Stocks Surge 20-25% MicroStrategy stock jumped 25% to $340 on November 11. The stock hit a new peak, surpassing its previous high from nearly 25 years ago. Trading volume in MicroStrategy stock reached $12 billion. On the same day, MicroStrategy announced the purchase of 27,200 more Bitcoin for $2.03 billion, bringing its total holdings to 279,420 BTC.   Coinbase stock also rallied. COIN climbed almost 20%, closing at $324.2. This marked the first time COIN passed $300 since 2021. MicroStrategy and Coinbase ranked among the top five most-traded stocks during early trading on November 11. They even outpaced Apple and Microsoft, showing intense interest in crypto-related companies.   Conclusion Bitcoin and Solana have gained significant traction, with Bitcoin nearing $100,000 and Solana pushing towards a new all-time high. Market sentiment is strong, fueled by growing institutional interest and favorable regulatory signs. Both assets show increased activity, and investors remain optimistic.    Bitcoin's surge to $89,000 triggered record trading volumes in Bitcoin ETFs, MicroStrategy, and Coinbase. The $38 billion volume set a new high and highlighted the market's enthusiasm for Bitcoin as it nears $100,000. Investor interest is strong and stocks related to Bitcoin are seeing the benefits of this excitement.   The next few weeks could prove critical as these two major cryptocurrencies attempt to set new milestones and define the next phase of the market cycle.   Read more: Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone

The SUI token has taken the crypto market by storm, surging over 66% in just seven days. This impressive rally pushed SUI’s market capitalization to an all-time high of $9.2 billion, placing it among the top 15 cryptocurrencies by market cap. In the last 24 hours alone, SUI saw a 32% increase, reflecting strong investor enthusiasm and a robust trading environment. With trading volumes up by 250%, SUI’s bullish momentum seems far from over.   Quick Take SUI price surged over 66% in the past week, reaching an all-time high of $9.2 billion in market cap. Sui enjoys bullish moves powered by improving market sentiment even as its ecosystem registers growth in recent weeks.  Analysts project SUI could target $10 if current trends hold, supported by rising trading volume and bullish technical indicators. SUI’s Growing DEX Volume Outpaces Solana Sui DEX volume | Source: DefiLlama   One of the driving forces behind SUI’s rapid growth is its decentralized exchange (DEX) volume, which has now outpaced Solana, reaching an impressive $7.5 billion. The SUI ecosystem’s expansion has attracted both users and investors, positioning it as a strong competitor in the blockchain space. This surge in DEX volume has directly influenced SUI’s price, reflecting growing confidence in the network’s capabilities and infrastructure.   What’s Powering the SUI Ecosystem’s Growth? Sui TVL rises as ecosystem grows | Source: DefiLlama    SUI’s technological advancements have made it attractive to developers and users alike. The recent launch of the Mysticeti consensus engine has enhanced transaction capacity, while integration with Google Cloud has provided a scalable, secure foundation for applications. These upgrades have driven adoption within SUI’s ecosystem, drawing investors who see its long-term potential.   Read more: Top Projects in the Sui Network Ecosystem to Watch in 2024   SUI Ecosystem Expands with New Projects SCA/USDT price | Source: KuCoin   Not only SUI but also Scallop (SCA), a lending protocol in the Sui ecosystem, has shown remarkable growth. SCA’s token price has surged by 87% in the last week, and its TVL has increased by over 25%. This shows users are drawn to the financial services SCA provides on the Sui network, underscoring the network’s versatility beyond the SUI token alone. The growth in SCA’s TVL highlights a strong demand for Sui-based financial solutions, adding liquidity and value to the ecosystem.   Apart from Scallop, other projects in the Sui ecosystem have been gaining traction. Cetus Protocol (CETUS) and NAVI Protocol (NAVX) have seen substantial gains, with CETUS up 32% and NAVX up 12% in the past week. Sui’s ecosystem growth is increasingly multi-dimensional, with a mix of financial services, gaming projects, and tap-to-earn applications contributing to its appeal.   Additionally, Sui-based memecoins are on the rise, reflecting the network's growing appeal. For instance, sudeng (HIPPO) has gained over 102% over the past week, indicating investor interest in Sui's unique offerings. This trend underscores the network's versatility and its capacity to support a wide range of projects, from serious financial protocols to community-driven tokens.   Read more: Top Sui Memecoins to Watch in 2024-25   Sui Technical Analysis: Indicators Signal Continued Bullishness Sui vs. Solana: gains and price trends | Source: TradingView    As SUI inches closer to $10, it’s crucial for investors to watch key support and resistance levels. Currently, SUI has shown strength around the $3 mark, with investors closely monitoring the $2.70 level as potential support in case of a pullback. If SUI can break above $3.15, analysts predict the next target at $4, potentially paving the way for further highs.   Looking at the technical indicators, SUI shows strong upward signals. The Moving Average Convergence Divergence (MACD) line crossed above the signal line, signaling a bullish trend with positive momentum. The histogram reflects green bars that are steadily growing, suggesting increasing buying pressure. Another positive sign is the Bull Bear Power (BBP) indicator, which reads around 1.26—indicating that buyers are outnumbering sellers.   Sui Price Prediction: Analysts Set Next Target at $10 SUI/USDT price chart | Source: KuCoin   Market analysts are optimistic about SUI’s future, with many suggesting it could reach $10 if the current momentum continues. This target is driven by both on-chain activity and a supportive market environment. Analysts also point out the potential impact of upcoming elections and rising interest in meme coins within the Sui ecosystem as key factors that could further push SUI’s price.   With SUI’s recent performance, many investors wonder if it could sustain its bullish trend. Analysts remain optimistic about SUI’s trajectory, especially given its resilience and consistent gains. However, the overbought levels on the Stochastic Momentum Index and Relative Strength Index (RSI) suggest that while SUI may have further upside, investors should watch for potential corrections around the $2.70 support level.   Conclusion SUI’s remarkable 60% price surge has caught the crypto community’s attention, propelling it into the top tier of digital assets by market cap. The growing demand for SUI’s ecosystem and Scallop’s increased TVL illustrate the broader adoption of Sui-based solutions. With analysts eyeing $10 as a potential target, SUI’s next moves will be critical for investors. As long as trading volumes and technical indicators remain supportive, SUI may continue its upward journey, making it one to watch closely in the crypto market.   Read more: Top Sui Wallets for Exploring the Sui Ecosystem in 2024-2025

The cryptocurrency market is experiencing a resurgence in optimism, driven by a series of recent developments that have ignited investor enthusiasm. As Bitcoin (BTC) reaches a new all-time high of $81,697 at the time of writing, the Fear and Greed Index—an indicator of market sentiment—has surged to its highest level in seven months, landing firmly in “Extreme Greed.” With political shifts in the United States, regulatory changes on the horizon, and major altcoins joining the rally, here’s a look at the latest updates in the crypto market and the top assets to watch.   Trump’s election win ignited enthusiasm, with the three major US stock indices hitting record highs on Friday, marking the best weekly performance in a year. Bitcoin continued its rally over the weekend, breaking through $81,000 to set a new all-time high. Capital is flowing rapidly into the crypto market, with Bitcoin spot ETFs seeing a net inflow of $1.615 billion and stablecoin market cap increasing by $4.75 billion.   Quick Take Bitcoin surged to a record $81,697 on November 10, with the Crypto Fear and Greed Index reaching a seven-month high in the “Extreme Greed” zone, reflecting strong investor optimism fueled by pro-crypto sentiment in the U.S. political landscape. Ethereum reached $3,200, its highest since August, with a market cap exceeding that of Bank of America. Anticipation around potential options in spot ETH ETF and DeFi growth is driving institutional interest, positioning Ethereum for further gains. Solana hit $212, marking a 34% gain in one week, driven by strong DeFi and NFT activity on the network. The token’s performance has sparked speculation of a “banana zone” rally, with the possibility of Solana’s market cap challenging Ethereum’s. Dogecoin rose above $0.23, surpassing XRP in market cap, amid speculation of Elon Musk's involvement in the Trump administration. DOGE’s rally may continue if historical patterns hold, possibly revisiting its 2021 high. Cardano spiked to $0.60 following rumors that founder Charles Hoskinson may play a role in U.S. crypto policy under the Trump administration. The announcement of a Washington, D.C., policy office has fueled speculation, with ADA potentially aiming for the $1 level by 2025. Crypto Market Enters 'Extreme Greed' at 76 Crypto Fear and Greed Index | Source: Alternative.me    The Crypto Fear and Greed Index, a measure of sentiment based on factors such as volatility, trading volume, and social media engagement, soared to a score of 78 on November 10, and dipping to 76 on Monday. This places the market in the “Extreme Greed” zone for the first time since April. The index's surge coincided with Bitcoin’s rally past $81,000, driven by recent U.S. political developments and investor expectations of more crypto-friendly regulations.   Bitcoin’s ascent and the broader rally reflect increased interest in crypto as a hedge against inflation and as an investment in technological innovation. Following the reelection of pro-crypto U.S. President Donald Trump and gains by crypto-friendly politicians in Congress, expectations are high for a shift in regulatory attitudes, potentially paving the way for further institutional adoption.   Bitcoin Records New ATH Above $81,000 Amid a Bright Outlook BTC/USDT price chart | Source: KuCoin   Bitcoin has had an extraordinary week, rallying to a new all-time high of $81,697 on November 10, up around 6% for the day. This milestone highlights Bitcoin’s continued appeal as a digital asset, particularly in times of political uncertainty. After initially peaking, BTC has since stabilized above $81,000, yet many analysts anticipate further gains.   According to James Van Straten, a senior analyst at CoinDesk, Bitcoin's recent breakout signals strong momentum that could push its price toward $100,000 by early 2025. Institutional investors have shown renewed interest, with record inflows into Bitcoin exchange-traded funds (ETFs) following Trump’s win. The broader implications of a favorable U.S. regulatory landscape, especially if the SEC revisits its stance on a spot Bitcoin ETF, could provide additional fuel for Bitcoin’s next leg up.   Read more: Trump’s Win Sets BTC on Course for $100K, Solana Nears $200 and More: Nov 8   Ethereum Surpasses Key Level of $3,200, Eyes on ETF Options ETH/USDT price chart | Source: KuCoin   Ethereum (ETH) surged to $3,200 on November 10, its highest level since August, driven by renewed market optimism and increasing institutional interest. With a market cap now around $383 billion, Ethereum has surpassed Bank of America in valuation, signaling a shift in financial dynamics as blockchain adoption accelerates. The U.S. SEC’s consideration of a spot ETH ETF options is further fueling investor demand, with parallels drawn to Bitcoin’s ETF-driven price surges, suggesting potential inflows could significantly boost ETH’s market position.   Ethereum’s recent momentum goes beyond market optimism and regulatory potential. DeFi applications on Ethereum, such as Uniswap and Aave, have shown renewed traction, fueling demand as users continue to embrace decentralized alternatives to traditional finance. Additionally, data from Ultrasound.money shows that while Ethereum was previously deflationary, the issuance rate has recently surpassed its burn rate, resulting in an inflationary supply increase of 0.42% annually. This shift is attributed to an annual issuance rate of 957,000 ETH compared to the current burn rate of 452,000 ETH.   In light of these developments, Ethereum’s co-founder Vitalik Buterin introduced a concept he calls “info finance,” a system that uses prediction markets to offer public insights into future events. This innovative approach to decentralized information gathering aligns with Ethereum’s broader push toward integrating finance and information through blockchain technology, signaling an era of heightened utility and adoption for the network.   Market sentiment is largely bullish, with analysts and community members on X predicting that ETH could soon challenge the $4,000 mark, with some expecting even higher targets, particularly if the spot ETH ETF options receives SEC approval. As Ethereum continues to attract institutional and retail interest alike, the prospect of a new all-time high seems increasingly likely, setting the stage for a potential breakthrough in the DeFi sector and beyond.   Read more: What Is The Surge Phase in Ethereum 2.0 Upgrade?   Solana Surges to $212, Enjoys Strong On-Chain Activity SOL/USDT price chart | Source: KuCoin   Solana (SOL) surged to $212 on Sunday, its highest level since the 2021 bull market, achieving a market cap of over $100 billion. This places Solana among the few cryptocurrencies with valuations in the nine-figure range, a testament to its robust DeFi and NFT ecosystem. The token’s recent performance marks a 34% increase in value over the past week, outpacing many other major assets.   Analysts point to Solana’s rapid recovery since the FTX fallout as evidence of its resilience. Solana’s ecosystem has expanded significantly, attracting DeFi protocols and a growing memecoin community. The recent “flippening” speculation—where Solana’s market cap could potentially exceed Ethereum’s—highlights the excitement surrounding its ecosystem growth. SOL’s technical breakout above $185 signals what some traders describe as the beginning of a “banana zone” rally, where price movements become steep and accelerated.   Read more: Can Solana (SOL) Surge Beyond $200 Amid Bullish Sentiment?   Memecoin King Dogecoin Reclaims Its Crown, Crosses $0.23 DOGE/USDT price chart | Source: KuCoin    Dogecoin (DOGE), the original memecoin, has returned to the spotlight, recently flipping XRP to become the seventh-largest cryptocurrency by market cap. DOGE has gained 30% over the past 24 hours, trading above $0.29, a level not seen since the 2021 crypto bull run. Its market cap has reached over $34 billion, with a possibility of surpassing USDC if current momentum persists.   The recent surge in DOGE’s price is partly attributed to speculation that Elon Musk, a longtime Dogecoin advocate, could play a role in the Trump administration’s “Department of Government Efficiency” initiative, abbreviated as D.O.G.E. Open interest in Dogecoin futures has also increased by 33% over the past week, indicating heightened investor confidence. If historical patterns hold, DOGE could continue its rally in the weeks ahead, potentially challenging its previous all-time high of $0.73.   Read more: Best Memecoins to Know in 2024   Cardano Sees 30% Spike on Hoskinson-Trump Policy Partnership Rumors ADA/USDT price chart | Source: KuCoin   Cardano (ADA) has made headlines with a 30% price jump on November 10, fueled by rumors that founder Charles Hoskinson could collaborate with the Trump administration on crypto policy. ADA reached a high of $0.60, recapturing April levels and representing a reversal in sentiment after a challenging year. Cardano’s open interest in futures has surged, with trading volumes now in the billions, signaling strong investor appetite.   Hoskinson recently announced plans to open a policy office in Washington, D.C., to advocate for the crypto industry. This move is seen as a strategic effort to position Cardano as a player in U.S. regulatory discussions. While speculation about a formal role in the Trump administration remains unconfirmed, Hoskinson’s initiative has already sparked renewed interest in ADA. Analysts are optimistic that Cardano’s price could continue to rise, with some predicting a return to the $1 level by 2025.   Read more: Cardano Chang Hard Fork: All You Need to Know   Conclusion The crypto market is currently on an upswing, with Bitcoin and major altcoins like Ethereum, Solana, Dogecoin, and Cardano reaching significant milestones. Pro-crypto sentiment is strong, bolstered by potential shifts in U.S. regulatory dynamics that may favor digital assets, and institutional interest is adding further momentum to this rally. While these factors position the market for possible continued growth, elevated "greed" levels and rapid price increases serve as a reminder for investors to approach with caution. Market volatility remains high, and sudden shifts can occur, emphasizing the importance of risk management in this speculative environment.