Personal finance advisors struggle to keep pace with Bitcoin's rapid growth, revealing potential knowledge gaps in cryptocurrency markets. A recent article highlights numerous instances where advisors failed to adapt their investment strategies to the booming cryptocurrency market.
Source: https://decrypt.co/291846/personal-finance-advisors-flat-footed-bitcoin-boom
Solana Devs Received a $300 Airdrop Last Christmas, Now Worth Over $1.3 Million
Source: https://decrypt.co/209906/solana-devs-bonk-airdrop-worth-300-last-christmas-now-worth-500000
Elon Musk's Recent Move Sparks Interest in Government Efficiency, but Questions Remain.
"Floki's Valhalla, a prominent player in the digital collectibles market, has announced a partnership with Kick F1 Sim Racing Team. The collaboration aims to integrate non-fungible tokens (NFTs) into the world of professional racing. No further details about the partnership have been disclosed."
Source: https://decrypt.co/291972/flokis-valhalla-partners-with-kick-f1-sim-racing-team
** Blockchain Technology's Mundane Milestones Drive Mass Adoption
Blockchain technology is increasingly being adopted across various industries, driven by its practical applications and transformative potential. Recent developments in retail, insurance, real estate, and healthcare are paving the way for mass acceptance. These "mundane milestones" include enhancing supply chain transparency, automating claims processing, tokenizing real estate, and ensuring data integrity in clinical trials.
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Source: https://Blockchain.News/news/blockchains-mundane-milestones-mass-adoption
Midnight is building data protection for any on-chain application, enhancing security and trust in decentralized systems.
** Binance Updates Leverage and Margin Tiers for USDⓈ-M Perpetual Contracts
Binance has announced updates to leverage and margin tiers for multiple USDⓈ-M perpetual contracts, effective November 13, 2024. The changes affect trading pairs such as DOGEUSDT, ENAUSDT, and MKRUSDT, but existing positions remain unaffected.
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Source: https://Blockchain.News/news/binance-updates-leverage-margin-tiers-usds-m-perpetual-contracts
** Binance Introduces Zero-Fee Trading for ADA/JPY, DOGE/JPY, and XRP/JPY Pairs
Binance, a leading cryptocurrency exchange, has announced a zero-fee trading promotion for the ADA/JPY, DOGE/JPY, and XRP/JPY spot trading pairs. This initiative aims to enhance trading activity with Japanese yen pairs and will run until November 27, 2024. The promotion is exclusive to these specific pairs and does not apply to VIP tier volume calculation or Liquidity Provider programs.
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Source: https://Blockchain.News/news/binance-bnb-zero-fee-trading-ada-jpy-doge-jpy-xrp-jpy
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HKMA Issues Alert on Fraudulent Websites Impersonating China Construction Bank. The Hong Kong Monetary Authority (HKMA) warns public about websites masquerading as official online platforms of China Construction Bank, advising caution and urging reporting of suspicious activities.
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Source: https://Blockchain.News/news/hkma-alert-fraudulent-websites-china-construction-bank
Ethereum's recent price surge has reached a major high, sparking market interest and potentially signaling an upward trend. However, analysts warn that the cryptocurrency may be due for a downside correction, with support levels around $3,120 being closely monitored.
Source: https://www.newsbtc.com/analysis/eth/ethereum-price-correction-3120/
XRP price gains steady, analysts monitor trend ahead of US election cycle. Experts weigh potential impact on cryptocurrency market.
Source: https://www.newsbtc.com/analysis/xrp/xrp-price-gains-0-745/
Bitcoin futures market continues to attract investors seeking long-term gains, with prices fluctuating amidst bullish expectations.
Source: https://decrypt.co/291599/bitcoin-futures-play-long-game-investors-bet-on-bullish-days-ahead
"Decrypt and HashKey Capital launch Layer East Media at Thailand Blockchain Week, marking a significant collaboration in the blockchain industry. This partnership aims to promote innovation and education within the space. Details about specific investments or initiatives related to this launch are not available in the provided article."
MicroStrategy's stock soars to an all-time high, coinciding with Bitcoin's price surge above $88,000.
Source: https://decrypt.co/291156/microstrategy-stock-all-time-high-bitcoin-88k
Bitcoin's price has been fluctuating, with its current value standing at a specific amount. This development marks another instance of "price discovery," where the market determines the cryptocurrency's worth.
Source: https://decrypt.co/291150/bitcoin-price-discovery-again-how-much-higher
Robinhood Markets reports significant growth in October 2024 metrics, with notable increases in funded customers, assets under custody, and trading volumes across various sectors. Key highlights include:
* Funded customers reached 24.4 million, up from September's total by approximately 90,000
* Assets Under Custody (AUC) increased to $159.7 billion, a 5% rise from September and 89% year-over-year growth
* Net deposits for October totaled $5.2 billion, translating to a 41% annualized growth rate from the previous month's AUC
Source: https://Blockchain.News/news/robinhood-markets-reports-significant-growth-october-2024
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Sam Trabucco, a former executive at crypto exchange FTX, has reached an agreement with FTX debtors. As part of the deal, Trabucco will forfeit his apartments and yacht. The exact terms of the agreement are not disclosed in the article.
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Source: https://decrypt.co/291161/sam-trabucco-ftx-debtors-apartments-yacht
** FTX Bankruptcy Anniversary Marks Ongoing Consequences for Users and Executives. Two years after filing for bankruptcy, FTX's creditors are still awaiting repayment, while former executives face sentencing.
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MicroStrategy, a business intelligence company, has reportedly amassed Dogecoin (DOGE) as a treasury reserve asset, following in the footsteps of MicroStrategy's own investment strategy with Bitcoin. This move highlights the growing adoption and acceptance of cryptocurrencies within businesses.
Source: https://decrypt.co/291155/microstrategy-dogecoin-spirit-blockchain-capital
** FTX Settlement Update: Sam Trabucco Transfers Assets in Deal with Bankruptcy Court
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