Crypto Daily Movers

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.

Bitcoin briefly surged to $93,905, hitting a new all-time high on November 19, and  is currently priced at $92,292 showing a +2.02% increase, while Ethereum is at $3,106, down by -3.16% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50% long versus 50% short positions. The Fear and Greed Index, which measures market sentiment, was at 90 yesterday and maintains the Extreme Greed level at 83 today. According to the analysts, Bitcoin could see a 90% rally if key metrics like the Puell Multiple continue breaking out. With favorable macro conditions and strong RSI, BTC is on track to reach six figures, potentially $174,000.    What’s Trending in the Crypto Community?  Japanese listed company Metaplanet increased its Bitcoin holdings by 124.11 BTC. Trump and Musk observed SpaceX's sixth Starship test flight on-site. SpaceX's heavy-lift rocket "Starship" successfully completed its sixth test flight. Michael Saylor introduced Bitcoin purchasing strategies to Microsoft's board and he will assist streaming platform Rumble in buying Bitcoin as well.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Top 24-Hour Performers  Trading Pair  24H Change GOAT/USDT +14.16% BONK/USDT +8.94% LEO/USDT +8.16%   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 Metric Breakout Hints at 'Inevitable' 90% Price Rally Bitcoin bulls may see a strong rally as key BTC metrics show rare breakout signs this month. On Nov. 18, on-chain analytics platform CryptoQuant highlighted a rare golden cross for Bitcoin’s Puell Multiple; a crucial indicator for mining profitability.   Bitcoin Puell Multiple chart. Source: CryptoQuant   Puell Multiple Nears Breakout Point   Bitcoin bulls could gain from a 90% price surge if the Puell Multiple breaks out. The metric has crossed its 365-day moving average only three times in five years, and each time, BTC/USD surged significantly. In March 2019, a Puell cross led to an 83% rally. January 2020 saw a 113% surge, and the most recent cross in January 2024 produced 76% gains.   Puell Multiple measures the daily value of mined Bitcoin against its 365-day average, giving insights into miner profitability. When it crosses the moving average, BTC often sees rapid gains. If it breaks above the SMA365 now, history suggests Bitcoin could rise by an average of 90%. This would take BTC from its current $92,000 level to over $174,000. CryptoQuant added that favorable macro conditions—like low interest rates and positive regulatory signals—could boost the chances of this “inevitable” rally.   Source: 1 Week BTC/USDT Chart KuCoin   RSI Signals Bull Market Has Just Begun   Analysts say the most intense upside for Bitcoin may still lie ahead. BTC/USD has gained over 40% in Q4 so far, and the “parabolic phase” of the market may last for around 300 days before hitting a new macro top. Expectations of Bitcoin hitting six figures are growing, but retail FOMO could lead to a significant correction.   Commentator Preston Pysh predicted that many will soon experience Fear of Missing Out (FOMO) as this Bitcoin cycle unfolds. Analyst PlanB also expects the main FOMO wave to hit in early 2025. PlanB referenced the RSI, which tends to stay above 70 in bull runs. As of Nov. 18, BTC’s RSI was at 74.4, suggesting that the bull market may have just begun. An RSI above 70 typically means the asset is overbought, but for Bitcoin, it usually signals the start of explosive growth periods.    Bitcoin stands on the edge of history. If key metrics like the Puell Multiple continue to break out, a 90% rally may follow. With macro conditions favorable and RSI indicating strong momentum, BTC may soon make its way to six figures. The next few months will be crucial as Bitcoin moves toward new heights, potentially hitting $174,000.   Read more: Bitcoin Price Prediction 2024-25: Plan B Forecasts BTC at $1 Million by 2025   Trump-Bakkt Rumors Cause 37,000% Surge in Solana Memecoin   BAKKT/USD hourly price chart. Source: TradingView   A new BAKKT memecoin launched on Solana surged 37,000% within 24 hours, fueled by rumors of Trump Media’s Bakkt acquisition.   Why Did BAKKT Memecoin Rise So Much?   A report by the Financial Times suggested Trump Media may acquire Bakkt, creating hype. Developers quickly launched the BAKKT memecoin to take advantage of the news. The token saw $162.54 million in trading volume on the first day, but liquidity was only $1.18 million. Low liquidity led to extreme price swings as small buy or sell orders caused big changes in price.   The surge in BAKKT reflects how the market reacts to news-driven narratives. Trump’s rumored involvement sparked interest, but the low liquidity raised concerns about potential pump-and-dump schemes. Opportunistic traders often launch tokens tied to headline events, making them attractive for speculative gains, but risky for anyone unaware of the volatile nature of these tokens.    Read more: Trending Memecoins to Watch This Week as Crypto Market Sees Record Highs   BAKKT Part of the Trump Memecoin Craze   The BAKKT pump follows other Trump-themed tokens, which have seen similar hype cycles. Tokens like “TRUMP2024” and “Department of Government Efficiency (D.O.G.E)” have gained attention but also experienced sharp corrections. The Department of Government Efficiency token jumped 350% after Trump’s election win but lost 65% soon after. This pattern shows the high risk associated with Trump-themed tokens. Though gains can be rapid, they rarely last, and investors should expect steep corrections.   BAKKT's rise also highlights the role of sentiment in the memecoin market. Unlike established cryptocurrencies, memecoins often rely on news, influencers, and hype. Investors should remember that while these tokens can offer quick returns, they can also lead to significant losses if the buzz fades.   BAKKT’s sudden rise shows the power of news in the crypto market. The Trump connection drove interest, but low liquidity means caution is needed. Whether BAKKT can sustain its gains remains uncertain, and investors should be wary of potential corrections. Memecoins tied to political or celebrity events may offer short-term gains, but they remain speculative at best.   Read more: Dogecoin Soars 80% in 1 Week as Trump Introduces 'DOGE' Department, Backed by Musk and Ramaswamy   AI and Big Data Tokens Surge 131% Amid Bitcoin Rally   AI and big data crypto tokens are surging as Bitcoin’s bull run fuels confidence across the market. These tokens are nearing all-time highs after recovering from declines earlier this year.   Market capitalization and volume of AI and big data tokens, 30 days. Source: CoinMarketCap   AI Tokens Recover Lost Value   Since June 8, AI and big data crypto projects have seen their market cap rise by 131.4%, reaching $42.1 billion. Key projects like Near Protocol, Internet Computer, and Render led the growth. Earlier in 2024, the market had declined from a $45 billion peak in March to $18.2 billion in June. But in the last six months, AI tokens made a comeback and are set to break their $45 billion record soon. This growth shows renewed investor confidence as AI continues to attract attention within the tech space.   Other AI projects, like Bittensor and Artificial Superintelligence Alliance, also contributed to the recovery. These tokens provide solutions focused on machine learning, blockchain, and decentralization. AI tokens now represent 1.36% of the $3.09 trillion crypto market cap. The surge aligns with Bitcoin’s rally, regulatory clarity, and renewed investor confidence. Many investors see AI tokens as part of the next wave of blockchain innovation, and their current growth reflects rising optimism in the technology.   Market capitalization and volume of AI and big data tokens, one year. Source: CoinMarketCap   AI tokens differ from traditional cryptocurrencies by focusing on machine learning and data processing. Investors have been more interested as AI becomes a more critical aspect of both blockchain and technology industries, and the renewed growth hints at bigger things to come for these projects.   Read More: Top 15 AI Crypto Coins to Know in 2024   Conclusion AI and big data tokens have rebounded strongly alongside Bitcoin. With their market cap nearing all-time highs, these tokens may soon surpass previous records. As confidence grows, AI projects are well-positioned for continued growth amid favorable conditions. Bitcoin's journey toward six figures seems increasingly likely if key metrics like the Puell Multiple continue to align. Favorable macro conditions and strong RSI add to the case for a major rally, possibly pushing BTC to $174,000. Meanwhile, BAKKT's dramatic rise illustrates how influential news can be in crypto, though its low liquidity makes it a risky bet. Investors should tread carefully, especially with tokens driven by political hype, as their gains can vanish as quickly as they appear. Read more: Top AI Crypto Projects Across Leading Sectors in 2024

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

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.

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?