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.  

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 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 

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 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.

Bitcoin is currently priced at $75,865 showing a +0.38% increase, while Ethereum is at $2,895, up by +6.36% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.1% long versus 49.9% short positions. The Fear and Greed Index, which measures market sentiment, was at 77 yesterday and is now at Greed level at 70 today. With the U.S. presidential election outcome here and the 47th President of the United States announced, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes today to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity.    Donald Trump ’s recent re-election is sending shockwaves through the crypto market as Bitcoin surges to new highs, Solana’s price nears $200, crypto stocks soar and Bitcoin ETFs hit record trading volumes. With a pro-crypto president now in office the market is buzzing with predictions that Bitcoin could reach $100,000 by Inauguration Day.   What’s Trending in the Crypto Community?  The Federal Reserve announced a rate cut of 25 basis points. Ripple’s CEO has called on Trump to swiftly reform U.S. cryptocurrency regulation after assuming office. The market cap of cbBTC has surpassed $1 billion, and Coinbase’s introduction of cbBTC to Solana is expected to encourage DeFi development on the platform. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change RAY/USDT +14.04% UNI/USDT - 4.64% SOL/USDT +3.85%   Trade now on KuCoin   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’s Potential to Rocket Towards $100,000 After Trump’s Win Bitcoin smashed through the $76,000 mark on November 6 hitting an all-time high just one day after Trump’s win. Over the past week Bitcoin has risen over six percent signaling strong momentum with Trump in office. Trump has pledged to make the United States the world’s top crypto hub and investors believe his policies could fuel even more gains.   In January Bitcoin saw its first major push when the SEC approved the first US Bitcoin ETF pushing prices to $73,000. Now analysts are optimistic that Trump’s presidency could drive Bitcoin to hit $100,000 by January. A report from Copper Research predicts that ETFs could hold as much as 1.1 million Bitcoin by Inauguration Day if the momentum holds. Copper’s head of research Fadi Abualfa believes that the rally will continue with Trump’s pro-Bitcoin policies.   Source: TradingView   The 50-day Exponential Moving Average (EMA) at $70,290 supports Bitcoin’s bullish momentum. Investors will watch the $75,450 resistance closely, as clearing this level could solidify Bitcoin’s path toward $100,000.   Crypto Stocks and Altcoins Surge Due to Election Outcome Trump’s victory also triggered a rally in US crypto stocks and altcoins. Coinbase’s stock price jumped by 31% while companies like Robinhood MARA Holdings and Riot Platforms saw double-digit gains. Even altcoins responded with tokens like Uniswap surging by 35 percent as Trump’s regulatory promises have fueled optimism in the market. With a lighter regulatory approach expected from the new administration crypto traders see a path for growth especially in decentralized finance projects.   Solana Nears $200 as Open Interest and Institutional Demand Surge Solana futures aggregate open interest, SOL. Source: CoinGlass   Solana (SOL) has captured significant attention following Donald Trump’s election win, reaching its highest value in seven months as demand surges among traders and institutions alike. Between November 5 and November 7, Solana’s price climbed by 22.5%, reflecting a larger rally in the altcoin market that has paralleled Bitcoin’s impressive gains. With SOL now inching toward $200, analysts are watching closely as on chain metrics and institutional interest continue to rise, potentially setting the stage for Solana to become one of the most attractive assets in the cryptocurrency market.   The Republican victory, led by a pro-crypto Trump administration, has raised hopes for more favorable regulations, which could benefit platforms like Solana that offer rapid, low-cost transactions and a robust ecosystem for decentralized finance (DeFi) and NFT projects. Investors see Solana as well-positioned to capitalize on this shifting regulatory landscape, with high-speed processing and scalability that make it appealing for a wide range of applications. This optimism has driven up interest in Solana futures, reaching a record 21.1 million SOL on November 7—a total of $4 billion in nominal terms.   Solana 8-hour average funding rate. Source: CoinGlass   The current 8-hour SOL funding rate is 0.017%, which works out to around 1.5% monthly, showing a neutral-to-bullish outlook. During high market excitement, leverage costs for longs can climb to 2.1% or higher. This rate shows moderate optimism, indicating a chance for more upward movement.   Read more: Top Solana Memecoins to Watch in 2024   Elon Musk Launches D.O.G.E Initiative for U.S. Government Efficiency Source: YouTube   Elon Musk is also stepping into the spotlight with his Department of Government Efficiency (D.O.G.E) making a reference to his beloved DOGE coin, this is an initiative aimed at reducing U.S. government inefficiency. On the November 4th podcast with Joe Rogan, Musk discussed the issues of inefficiency and overreach within the federal government. Musk’s initiative aligns with Trump’s goals for a leaner government focused on economic growth. Musk warned of the growing national debt which he says now exceeds the Defense Department’s budget and could lead to economic troubles. His proposed strategy includes downsizing certain agencies and providing severance to affected employees. Musk’s approach could streamline operations in a way that impacts sectors like finance and tech with deregulation driving future growth.   Source: Michele Zanini Study   When it comes to finance issues, Musk didn’t hold back:   “Interest payments on the national debt now exceed the Defense Department budget… we’re on a path to bankruptcy.”   That’s a huge amount. The defense budget is already enormous, making this comparison even more striking. His experience navigating government regulations with Tesla and SpaceX lends credibility to this perspective.   The Department of Government Efficiency (D.O.G.E.) initiative, proposed by Musk and supported by the Trump administration, aims to streamline federal operations. This initiative has the potential to influence various sectors beyond government, similar to the impact of Musk's ventures in cryptocurrency.   As the D.O.G.E. initiative gains attention, significant changes in federal operations may be forthcoming, reflecting a broader shift towards efficiency and reduced bureaucratic constraints.   BlackRock Bitcoin ETF Sees Record-Breaking Trading Day at $4.1 Billion BTC/USDT price chart | Source: KuCoin    Trump’s win led to unprecedented trading activity for BlackRock’s Bitcoin ETF. On November 6 BlackRock’s iShares Bitcoin Trust recorded over 4.1 billion in trading volume. This was more volume than even major stocks like Netflix or Visa. Bloomberg’s Eric Balchunas called it the second-best trading day for IBIT since its launch. Other Bitcoin ETFs also saw increased activity signaling a strong investor response to the election outcome. Analysts see this as a bullish sign for Bitcoin ETFs which have dominated the ETF market this year.   With Trump’s support for crypto in play analysts believe that demand for Bitcoin ETFs and other crypto assets could continue to rise. ETF Store president Nate Geraci noted that Bitcoin ETFs accounted for six of the top ten ETF launches in 2024. Many expect Trump’s pro-crypto policies to drive additional ETF applications including funds holding altcoins like Solana and XRP.   Fadi Aboualfa of Copper.co projects that Bitcoin could reach $100,000 by January. With Trump’s support and rising demand for Bitcoin ETFs this prediction reflects growing confidence in the crypto market.   Read More: $4 Billion Crypto Bets on Election Day, Bitcoin Reaches New High and More: Nov 6   Conclusion Trump’s re-election has fueled a Bitcoin rally crypto stocks have surged and ETFs have reached record highs. The potential for Bitcoin to hit $100,000 by Inauguration Day reflects investor optimism for a pro-crypto administration and also Solana nearing $200 paints a bright future for the token. With Trump in office the crypto industry anticipates significant growth and regulatory support. This moment could mark the start of a new era for Bitcoin and digital assets with lasting impacts on finance and government policy. Read more: Will Fed Rate Cuts Fuel the Next BTC Rally After Trump’s Win Takes Bitcoin Above $76K?

Bitcoin is currently priced at $75,571 showing a +8.94% increase, while Ethereum is at $2,722, up by +12.38% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.6% long versus 49.4% short positions. The Fear and Greed Index, which measures market sentiment, was at 70 yesterday and increased to Extreme Greed level today at 77 today. With the U.S. presidential election outcome here and the 47th President of the United States announced, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes today to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity.    Donald Trump’s recent victory in the U.S. presidential election is making waves in the crypto world, promising a future where digital assets may flourish. From Bitcoin’s record-breaking surge to the booming memecoin platform Pump.fun, the market’s reaction underscores a renewed optimism for crypto.   What’s Trending in the Crypto Community?  BTC breaks through $76,000, setting a new record high After Trump’s victory, Wall Street institutions like JPMorgan and Goldman Sachs seek potential IPO opportunities for crypto companies. Tether mints 2 billion USDT on Ethereum Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change NEIRO/USDT +54.49% ENA/USDT +38.33% LDO/USDT +36.38%   Trade now on KuCoin   Read More: Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4   Trump’s Pro-Crypto Win Signals a Shift for the U.S. Live 2024 US presidential election results. Source: Associated Press   The U.S. crypto community is celebrating after Donald Trump declared victory on November 6. With a promise to usher in a "golden age" for America, Trump, now set to serve as the 47th and 45th president, has reignited hope for a crypto-friendly administration. Known for his support of Bitcoin and blockchain, Trump has repeatedly positioned himself as a “pro-crypto candidate,” pledging to end the regulatory "war on crypto" and transform the U.S. into the "crypto capital of the planet."   One of Trump’s first moves, if he follows through on his campaign promises, could be to remove Gary Gensler, the current head of the U.S. Securities and Exchange Commission (SEC). Trump’s stance on crypto was evident when he took the stage at Bitcoin 2024 in Nashville, Tennessee, vowing to replace Gensler with SEC Commissioner Hester Peirce, a known crypto advocate. Trump has also hinted at launching a strategic Bitcoin reserve for the U.S. government, potentially acquiring 200,000 BTC seized from enforcement actions. This stance has ignited confidence in a pro-Bitcoin future, with figures like Dennis Porter, co-founder of the Satoshi Action Fund, declaring that the “anti-Bitcoin movement” in the U.S. is effectively “dead.”   Bitcoin Surges Past $76K in Massive Rally, Liquidating Nearly $400M in Shorts and Boosting Crypto Stocks BTC/USDT price chart | Source: KuCoin    The election buzz has translated into a price rally for Bitcoin, which hit a new all-time high of $76,000 on November 7. This surge brought widespread gains, including a 31% jump in Coinbase’s stock, positioning it among the top gainers in digital asset-related stocks. This new price for BTC surpassed its previous record of $73,800 as Trump took an early lead. Although the price dipped slightly, sitting around $73,871 at the time of publication, the market’s optimism is clear. Bitcoin’s price action has remained highly volatile as investors watch the election results unfold, with early Associated Press data showing Trump leading with 198 electoral votes compared to Kamala Harris’s 112.   Analysts caution that volatility is likely to continue as the election outcome solidifies. Still, many see Trump’s pro-Bitcoin rhetoric as a driver for further gains. Trump has hinted at a more favorable regulatory environment for digital assets, which could catalyze future investment. The market’s positive response to his early lead demonstrates how deeply tied Bitcoin’s performance has become to U.S. political developments. The rally resulted in a total of $592 million in liquidations from leveraged trading positions, according to CoinGlass data. A significant portion, around $390 million, came from short positions—bets that Bitcoin’s price would fall—making it the largest short squeeze in over six months. This event has intensified interest in the crypto market, signaling renewed momentum and potential volatility ahead for both digital assets and associated stocks.   Source: CoinGlass   Pump.fun’s Revenue Surges to $30.5 Million Amid AI and Memecoin Hype Source: DefiLlama   While Trump’s win boosted Bitcoin, the decentralized token creation platform Pump.fun has also hit record revenue. The platform reached $30.5 million in October, marking a 111% rise over the previous month. This surge broke a two-month downtrend, driven by a wave of viral memecoins and a fresh “AI meta” trend on social media.   Memecoins based on popular internet memes surged on Pump.fun, led by tokens like MOODENG, which enjoyed significant price growth. However, the true standout was a new wave of AI-themed tokens, with many being “endorsed” by AI-driven Twitter accounts. Among these, the GOAT token, championed by AI agent @truth_terminal, hit a peak market cap of $920 million on October 24, becoming the highest-valued token to originate from Pump.fun.   Other tokens, such as GNON, fartcoin, and ACT, achieved market caps in the eight- and seven-figure range. Though many of these tokens have since lost over 50% of their peak values, the platform remains a hub for memecoin trading. The recent success of tokens like PNUT, inspired by a viral story of a pet squirrel, shows how quickly social media-driven trends can fuel the memecoin market.   Read more: Top Solana Memecoins to Watch in 2024   Conclusion With Trump’s pro-crypto stance now in power, the U.S. may be on the verge of a crypto renaissance. His victory has already sparked positive momentum, evident in Bitcoin’s all-time high and the continued growth of memecoin platforms like Pump.fun. As new policies emerge, and with promises of regulatory reform, the crypto market anticipates significant changes that could shape its future.    From the White House to decentralized platforms, the next few years could bring unprecedented growth and innovation in the crypto landscape, with investors, traders, and enthusiasts eagerly watching the impact of Trump’s presidency on the market.

Bitcoin is currently priced at $73, 901, showing a +6.55% increase, while Ethereum is at $2,589, up by +6.83% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.1% long versus 49.9% short positions. The Fear and Greed Index, which measures market sentiment, was at 70 yesterday and also stayed at the Greed level today at 70 today. As the U.S. presidential election outcome nears, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes today to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity.    What’s Trending in the Crypto Community?  The voting data from 7 swing states in the U.S. election will be announced by noon on November 6. Prediction market Kalshi tops the Apple App Store free apps chart, with Polymarket in second place. Polymarket is paying U.S. influencers to promote election betting services. Mt.Gox address transfers 2,000 BTC to an unknown wallet, worth $136 million. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change GOAT/USDT +52.57% TAO/USDT +29.94% MOG/USDT +20.70%   Trade now on KuCoin   Read More: Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4   The convergence of political betting, artificial intelligence hardware, and augmented reality highlights the transformative potential of technology and finance across industries. With nearly $4 billion bet on the U.S. presidential race, new ventures in AI-driven consumer robotics, and Apple’s anticipated entry into AR, this dynamic interplay between finance, tech, and influence is shaping the future.   The $4 Billion Election Day Betting Frenzy on PolyMarket Source: Polymarket   The 2024 U.S. presidential race has led to an unprecedented spike in prediction market activity, drawing in nearly $4 billion in political bets. At the forefront is Web3-native Polymarket, which dominates with around $3.3 billion in trade volumes, even though it faces restrictions in the U.S. Polymarket's appeal reflects a growing interest in decentralized platforms that allow users to wager on real-world events. Its success has set the standard for political betting, establishing itself as the go-to platform for decentralized, blockchain-driven predictions.   Following close behind are U.S.-based platforms like Kalshi, Robinhood, and Interactive Brokers, which collectively have attracted over $500 million in betting volumes. These platforms are gaining traction, especially after regulatory approval allowed them to host election betting for the first time. As betting odds on candidates fluctuate, Donald Trump holds a strong lead across prediction markets, with odds on Polymarket reaching nearly 82.5% and other platforms showing similar figures. This trend has captured the attention of a diverse range of investors who are eager to participate in high-stakes political events.   Rising Competition in Prediction Markets Source: Kalshi   Kalshi’s recent debut in election betting has sparked fierce competition among prediction platforms, paving the way for similar ventures in the U.S. market. Kalshi's approval to operate election markets came after a landmark court victory, allowing it to set a precedent for legally approved election betting in the U.S. This historic decision has encouraged other platforms to join, rapidly increasing competition and participation.   Robinhood entered the prediction space with a bang, launching election contracts in October and trading over 200 million contracts related to the presidential race. Interactive Brokers has also stepped in, attracting $50 million in volume. In a bid to streamline user experience, Kalshi introduced deposits in USD Coin (USDC) and even added USDC deposits from Polygon, which allows blockchain-based transfers, simplifying the process for crypto-savvy bettors. Together, these companies are challenging the decentralized giant Polymarket, fostering a competitive environment that may redefine how Americans approach political betting.   AI Hardware Expansion: OpenAI's Bold Move Source: X   In the realm of artificial intelligence, OpenAI’s creation of a consumer hardware division reflects its ambition to bring AI-driven products directly into consumers’ lives. This division, led by Caitlin Kalinowski—a former Meta engineer who played a key role in the development of AR hardware like the Orion glasses—signals OpenAI's shift from purely software-based AI models to tangible, AI-powered devices. Kalinowski’s background in AR, combined with her experience in large-scale hardware projects at Meta and Apple, uniquely positions her to drive OpenAI's hardware ambitions.   The move comes at a time when AI hardware is booming, driven by companies like Nvidia and TSMC. Although the industry has seen several attempts at integrating AI into consumer products, most, like Amazon’s smart speakers, have yet to achieve the mass market appeal of smartphones. OpenAI’s new approach may involve partnerships with major manufacturers rather than in-house production, allowing the company to focus on refining AI models while tapping into established supply chains. This strategy could fast-track AI hardware into the hands of everyday users and potentially create the long-awaited "iPhone moment" for AI-powered devices.   Memecoins and the Election: Crypto Enthusiasts Weigh In Election Day has also brought excitement to the cryptocurrency market, with memecoins inspired by candidates Donald Trump and Kamala Harris experiencing dramatic trading activity. As Trump embraces the label of “crypto candidate,” Trump-themed memecoins, such as MAGA and TRUMP, have attracted significant attention despite recent drops in market value. These tokens, designed with no official political affiliation, are a popular choice among traders looking to make speculative bets on the election outcome. Tokens like MAGA and Super Trump (STRUMP) command large market caps, though they have seen declines of up to 30% in recent weeks. Still, the high volatility surrounding these tokens provides ample opportunity for traders seeking quick profits.   Conversely, Harris-themed tokens, while fewer in number, are on the rise. The largest, “Kamala Horris” (KAMA), surged 40% over the past week, reflecting a counter-movement among traders aligning with her platform. The hype around these tokens is evident in the Ethereum and Solana blockchains, which have seen hundreds of new tokens referencing Trump and Harris. The crypto community’s interest in these political tokens underscores a cultural shift where digital assets are used not only as speculative instruments but as a form of political expression.   Read More: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024   Apple’s Expansion into Augmented Reality Source: Apple    Apple’s potential entry into the augmented reality (AR) market could be a game-changer for the tech industry. Known for revolutionizing each category it enters, Apple’s foray into AR has the potential to shake up the market, directly challenging Meta's stronghold in the AR and Metaverse space. According to reports, Apple is working on smart glasses to rival Meta’s Orion, leveraging its reputation for user-friendly, high-quality design to attract consumers who may be hesitant about AR.   Apple’s focus on expanding its product line aligns with its broader strategy to push boundaries in wearable technology, which includes iPhones, Apple Watches, and AirPods. The development of an AR product would not only place Apple in direct competition with Meta but could also stimulate innovation across the industry. As the AR space becomes more crowded, Apple’s entry could provide the breakthrough needed to bring AR into the mainstream. If successful, Apple’s AR venture could significantly contribute to its growth trajectory, potentially setting another market cap milestone for the company.   Conclusion The surge in Election Day betting, the push for consumer-oriented AI hardware, and Apple’s bold AR ambitions highlight a rapidly changing landscape where politics, technology, and finance intertwine. Prediction markets reflect the public’s growing interest in speculative finance, while OpenAI’s hardware division and Apple’s AR aspirations showcase advancements that could redefine consumer technology. As these trends converge, the actions of major players like Polymarket, OpenAI, and Apple will shape how technology integrates into our daily lives, making the future of politics, AI, and AR both exciting and unpredictable. The race for dominance is on, and the leaders in these sectors are poised to drive the next wave of digital transformation.

At 8:00 AM UTC+8, Bitcoin was priced at $67,857, showing a -1.33% decrease, while Ethereum stood at $2,398, down by -2.41%. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.2% long versus 50.8% short positions. The Fear and Greed Index, which measures market sentiment, was at 70 yesterday and also stayed at the Greed level today at 70 today. As the U.S. presidential election nears, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity.    What’s Trending in the Crypto Community?  The Ethereum whitepaper has been available for 11 years. Solana’s on-chain DEX has achieved a weekly trading volume of $12.7 billion, ranking first for four consecutive weeks. Bitcoin mining difficulty rose by 6.24% this morning, reaching a new high of 101.65 T. OpenSea's CEO announced the platform has been completely rebuilt and will relaunch in December. Trump's winning probability on Polymarket has increased to 59.1%. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change DOGE/USDT +7.26% XMR/USDT +3.12% SHIB/USDT +2.64%   Trade now on KuCoin   Read More: Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4   Hype Launches President Memecoin Index to Track Election Trends Hype, a new memecoin trading platform, launched the President Memecoin Index to help traders track and trade tokens tied to the upcoming U.S. election. Since the presidential debate in September, Trump-themed tokens have surged by 86.9%.   Hype operates on Solana and Base and offers traders a way to track the biggest memecoins linked to the U.S. election. These tokens include Doland Tremp (TREMP), MAGA token (TRUMP), Donald Trump (TRUMP), Kamala Horris (KAMA), Krazy Kamala (KAMALA), and KAMALA HARRIS (HARRIS). Though not officially affiliated, these tokens reflect interest around the candidates.   Ravi Bakhai, founder of Hype, explained that political memecoins often lack a single unifying token. For example, several tokens may be associated with a president, so the index helps capture broader interest around the trend. The index acts like betting platforms, offering insight into election sentiment by analyzing token performance.   Political memecoins belong to a new trend called PoliFi, which combines politics and decentralized finance. For example, MAGA Memecoin now has nearly 100,000 holders across Ethereum, Solana, and Base, showing its appeal beyond the typical memecoin audience.   Bakhai explained that people can buy a candidate’s token if they believe in their success. As attention grows for a candidate, their token's value rises, turning political interest into price gains.   The index data shows the Trump-themed tokens up by 86.9% since mid-September. Tokens linked to Kamala Harris have increased by 48.9%. The trends mirror what prediction platforms like Polymarket and Kalshi are showing. Trump led by a wide margin, but Harris has been closing the gap.   Source: Polymarket   Polymarket puts Trump's chances of winning at around 57%, down from over 66% at the end of October. Bakhai highlighted the difference between token trading and prediction markets: memecoins have no limit to their price upside. Token prices may keep climbing long after the election results come out.   Read More: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024   Crypto Funds Surge to $2.2 Billion Amid Election Hype Flows by assets (in millions of US dollars). Source: CoinShares   Crypto investment products saw $2.2 billion in inflows from October 26 to November 2. Year-to-date (YTD) inflows reached a record $29.2 billion, as reported by CoinShares. The four weeks of consecutive inflows totaled over $5.7 billion, representing 19% of all YTD inflows.   The latest surge in crypto fund inflows pushed total assets under management to over $100 billion for only the second time in history. This matched levels previously seen in June, which stood at $102 billion.   James Butterfill, CoinShares' head of research, attributed the inflows to excitement around the U.S. presidential election. Butterfill noted that euphoria about a possible Republican victory drove early inflows, but the shifting polls led to some outflows at the end of the week. He emphasized that Bitcoin remains particularly sensitive to U.S. election news.   Last week, Bitcoin received most of the inflows, reaching $2.2 billion, as its price neared all-time highs. Investors also poured $8.9 million into short-Bitcoin products, positioning themselves to profit from potential price drops.   Read More: Bitcoin Prediction to $100K, GRASS Airdrop Sets Records, and Robinhood's Crypto Surge: Oct 31   Ethereum: The Next Amazon? Leena ElDeeb, a research analyst at 21Shares, compared Ethereum to Amazon in the 1990s. She said Wall Street investors still underestimate Ethereum’s potential. According to ElDeeb, big inflows will come once people recognize Ethereum's value.   Spot Ether exchange-traded funds (ETFs) launched in July but have seen modest inflows compared to Bitcoin ETFs. ElDeeb explained that, like Amazon, Ethereum started with a simple purpose—smart contracts—but it now supports over $140 billion in decentralized finance (DeFi) applications.   Federico Brokate, vice president at 21Shares, noted that Amazon started as a bookstore before transforming into a digital powerhouse. He believes Ethereum’s development follows a similar path, from supporting basic applications to becoming a major force in decentralized finance.   Source: X   PolitiFi: Trump Supporters Promote the MAGA Memecoin (TRUMP) ahead of the Election Source: X   As the U.S. election approaches, Trump supporters are rallying around a trending PolitiFi project called MAGA Memecoin (TRUMP). PolitiFi tokens blend politics, pop culture, and crypto. They create digital communities where supporters invest in a cause, a candidate, or a vision.   PolitiFi tokens like MAGA Memecoin aim to keep political discussions alive while encouraging engagement. MAGA Memecoin is a tribute to Donald Trump and his "Make America Great Again" (MAGA) movement.   The token’s creators said that Trump is "the most memetic human ever," and the memecoin captures this attention. MAGA Memecoin isn’t just about memes—it has a mission. The team distributed one million branded TRUMP napkins to bars and restaurants across the U.S. to spread awareness. Each napkin links to a platform where users can easily buy TRUMP using Apple Pay.   MAGA Memecoin has lasted beyond the usual lifespan of most memecoins. The team has also donated over $2 million to nonprofits supporting veterans and fighting child trafficking. This charity-driven approach gives MAGA Memecoin a real-world purpose.   Every week, MAGA supporters gather on platforms like X, featuring political guests like Roger Stone and Antonio Brown. The community also launched a video game called "Make Cats Safe Again," where a pixelated Trump must save cats to win the presidency. MAGA Memecoin now has nearly 100,000 holders across Ethereum, Solana, and Base, showing its appeal beyond the typical memecoin audience.   Source: X   Squirrel Memecoins Take Off with Peanut ($PNUT) on Pump.Fun Crypto traders are jumping on the Peanut the squirrel trend. Peanut’s story went viral, inspiring memecoins on the Solana-based Pump.fun platform.   Two of the biggest squirrel tokens—PNUT and Nut In Profit (NIP)—now have over $37 million riding on them. Nut In Profit launched just six hours before the story broke. Pump.fun allows anyone to launch a token using a bonding curve mechanism that raises prices as demand increases. Once a token hits $69,000 in market cap, it automatically migrates to Solana’s decentralized exchange, Raydium.   Elon Musk, also posted about Peanut on X, adding to the hype. Musk is known for boosting memecoin popularity, especially with Dogecoin.   Conclusion The upcoming U.S. election has sparked a wave of hype, speculation, and creative projects in the crypto space. From Hype's President Memecoin Index, which tracks political tokens, to PolitiFi projects like the MAGA Memecoin and even squirrel-themed tokens inspired by Peanut, investors are using memecoins to speculate on political outcomes and leverage cultural moments to create digital assets. As election day approaches, crypto traders should be prepared for increased volatility and new opportunities. Read more: Bitcoin Price Prediction Ahead of the 2024 US Election: Bullish or Bearish?

At 8:00 AM UTC+8, Bitcoin was priced at $69,203, showing a -0.86% decrease, while Ethereum stood at $2,476, down by -1.46%. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.7% long versus 51.3% short positions. The Fear and Greed Index, which measures market sentiment, was at 74 yesterday, indicating Greed level and has decreased to 70 today, maintaining the crypto market at the Greed territory.    What’s Trending in the Crypto Community?  The U.S. will begin its 2024 presidential election on Tuesday, with major polls showing a close race between Trump and Harris. Tether's secured loans in reserves have reached a total of $6.72 billion, fully backed by liquid assets. Ethereum's net supply increased by 11,609 coins over the past seven days. On Polymarket, Trump's probability of being elected president dropped to 56.6%, while Harris's rose to 43.6%. U.S. Bitcoin spot ETFs saw a cumulative net inflow of $2.22 billion this week. Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change GRASS/USDT +9.29% GOAT/USDT +24.84% SUI/USDT +2.59%   Trade now on KuCoin   Read More: Bitcoin Prediction to $100K, GRASS Airdrop Sets Records, and Robinhood's Crypto Surge: Oct 31   The crypto market is buzzing with major developments. Traders and investors are preparing for a mix of heightened BTC and ETH volatility as election results loom, substantial token unlocks this month, and a surge in Peanut-themed memecoins on Solana. Each of these events holds the potential to significantly impact the market, making it crucial to understand the details and what might come next.   BTC and ETH Volatility Surge Ahead of Election Results BTC/USDT price chart | Source: KuCoin    Bitcoin and Ethereum are currently experiencing a surge in volatility, largely driven by uncertainty surrounding upcoming election results. Nick Forster, founder of Derive.xyz, reported that Bitcoin's forward volatility has jumped to 80.3%, compared to its previous level of 72.2%. Ethereum, too, saw its volatility rise, moving from 75.4% to 82.9%. This sharp increase points to traders adjusting their positions and hedging against potential impacts.   ETH/USDT price chart | Source: KuCoin   The upcoming election brings an elevated chance of significant price swings. Forster suggests a two-thirds probability of substantial price movements on election night, with Bitcoin's expected price range falling between -9% and +9.9%. Ethereum, meanwhile, is expected to move within a slightly broader range of -9.3% to +10.2%. These anticipated fluctuations are signs of increased market risk, but they also suggest opportunities for those prepared to navigate the volatility.   Despite the potential for rapid price changes, market sentiment appears to lean bullish. The total open interest for BTC call options stands at 1,179 contracts, compared to 885 contracts for put options. This implies that many traders are hopeful for a positive outcome once the election dust settles. The choices traders are making show confidence, at least for now, that any political outcomes may ultimately have a favorable influence on crypto.   $2.6 Billion in Tokens Set to Unlock in November November is a crucial month for the release of locked crypto assets, with a staggering $2.68 billion in tokens set to be unlocked, as reported by Tokenomist. This includes over $900 million that will be released at once, often called a "cliff unlock," while around $1.7 billion will be gradually unlocked throughout the month.   Unlock progress for the MEME token | Source: Tokenomist   Token unlocks are significant because they can create substantial pressure on token prices, especially when large quantities hit the market. Notable projects releasing tokens this month include Memecoin (MEME), Aptos (APT), Arbitrum (ARB), and Avalanche (AVAX). Memecoin alone will see 3.45 billion tokens unlocked, with an estimated value of $37.8 million. These releases come in two forms: cliff unlocks and linear daily releases of over 10 million tokens, worth approximately $117,000 each day. This influx of supply could lead to price swings, especially as Memecoin's price remains 81% below its peak earlier this year.   Arbitrum, a well-known Ethereum layer-2 solution, will also release a significant amount—92.65 million tokens worth $45 million. These tokens are allocated to early investors, team members, and advisors. This follows Arbitrum’s substantial release back in March, when they unlocked $2.32 billion worth of tokens. These kinds of releases can impact token price if supply exceeds current market demand, especially if early holders choose to cash out.   The token unlocks could bring a ripple effect throughout the market. An increase in available supply may create downward pressure on prices, but it also provides an opportunity for those looking to accumulate tokens at a discount. Investors will need to monitor how these releases play out and whether new demand will be sufficient to offset the increased supply.   Peanut Memecoins Stir Up Solana DeFi Markets Peanut the Squirrel memecoins on Solana. Source: Dexscreener   The DeFi market, especially on Solana, has seen a new frenzy sparked by an unusual character—a squirrel named "Peanut." This viral sensation has inspired memecoin creators to flood the market with Peanut-themed tokens, resulting in eye-catching price action and notable market activity.   Peanut's unexpected rise in popularity led to the creation of several Peanut-themed tokens on the Solana network. Among them, "Peanut the Squirrel" (PNUT) has made a particularly large impact, recording a trading volume of nearly $300 million and over 200,000 transactions. PNUT's market capitalization reached a peak of $120 million, though it has since corrected and currently stands at $100 million. The trading volume and rapid price changes indicate the appeal of these kinds of niche, culture-driven tokens that tend to gain popularity overnight.   Another Peanut-themed token achieved a market cap of $80 million with trading volume surpassing $110 million. This shows that the trend is not limited to one blockchain and suggests that the appeal of memecoins remains strong, especially those tied to pop culture or viral stories.   Adding to this memecoin frenzy, a raccoon-themed token—based on Peanut’s raccoon companion—also entered the scene. Named "First Convicted Raccoon" (FRED), the token recorded nearly 150,000 transactions and a trading volume of $83 million, though its market cap was only $8.2 million. Despite being smaller in scale, FRED’s rapid traction highlights how quickly meme-driven projects can capture the market’s attention, even if their long-term viability remains questionable.   These memecoins are more than just hype—they provide a reflection of how quickly narratives can drive market action in the crypto world. While most of these tokens may not hold long-term value, they represent the speculative aspect of DeFi, where community, pop culture, and fun play significant roles.   Read more: Top Solana Memecoins to Watch in 2024   Conclusion The crypto market is in a phase of high activity and uncertainty. Volatility is increasing for major assets like BTC and ETH due to upcoming election results, and billions in tokens are set to unlock throughout November, which could create both opportunities and risks for investors. Meanwhile, the rise of Peanut-themed memecoins on Solana shows that the speculative, culture-driven aspect of crypto remains alive and well.   For traders and investors, staying on top of these dynamic developments is essential. Each event—the election, token unlocks, and the memecoin craze—has the potential to shift market conditions rapidly. As always in crypto, being prepared and informed is the key to navigating these unpredictable waters.