Crypto Insider

🔔 DOGE has overtaken stablecoin USDC in market cap, now ranking 6th.

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📈 SOL briefly surpassed a $100 billion market cap.

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💰 Shiba Inu (SHIB) has re-entered the top 10 most capitalized cryptocurrencies for the first time in a long while, pushing out Tron and TON.

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👀 Three new cryptocurrencies launched this week – HAPPY, SBR, and MAJOR – are seeing rapid growth, with MAJOR surging 361% in 24 hours and HAPPY boasting 174K holders and a $25M market cap.

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💰 Cardano (ADA) surged 76% this week as whales returned with $11.5 billion in transactions, though an overbought RSI suggests a potential short-term price correction.

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☄️ BTC at $80,000 — DONE

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🔥 Bitcoin breaks $79K

Bitcoin analyst Tuur Demeester wrote in a Nov. 10 X post that “no rash action is needed, HODLing does the work for you.”

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📊 Top blockchains of 2024 by transaction volume:

Leading the list is Solana with over 10 billion transactions, followed by Near, Tron, and Sui.

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👀 Polymarket has hinted at launching its own token.

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👀 Detroit will become the largest city in the U.S. to accept cryptocurrency payments, allowing residents to pay taxes and other city fees with crypto starting in mid-2025.

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💵 BlackRock's BTC-ETF assets have surpassed those of the GOLD ETF, achieving this milestone in just 10 months. IAU (iShares Gold Trust) was launched in January 2005.

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🚀 Bitcoin has surged past $77,000, with Ethereum nearing $3,000.

CZ commented, “this is just the beginning”, echoing his earlier remarks when BNB spiked from $40 to around $70 in a short period, which he also called the start of something bigger.

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💰 Tonhub has launched a Visa debit card in the EU, enabling payments in TON and USDT.

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🤑 Tether financed its first Middle Eastern crude oil deal, completed in October, facilitating the loading and transportation of 670,000 barrels of crude oil worth around $45 million, marking a significant step in the company's growing involvement in global commodity trading.

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👀 South Korea’s largest cryptocurrency exchange, UpBit, announced the addition of trading pairs with the Korean won, BTC, and USDT for Drift Protocol ($DRIFT) token.

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🤑 Bitcoin rallied after the last three U.S. presidential elections:

2012: +22%
2016: +37%
2020: +98%

In 2024, BTC's post-election trend resembles that of 2016.

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📊 Ethereum ecosystem treasuries now exceed $22 billion, led by Optimism ($3.5 billion, 15.8%), Uniswap ($3.1 billion, 14%), and Mantle ($2.5 billion, 11.3%).

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▶️ Binance and Coinbase saw a massive influx of ERC-20 stablecoins totaling $9.3 billion.

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📊 Cardano (ADA) has climbed to 9th place in the top 10 assets, after recently falling out of the top ten.

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📉 The Fed cuts rates by 0.25%.

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