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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Has the meme craze peaked? 4 key factors determine its future
Has the meme craze peaked? 4 key factors determine its future

2024 Memecoins Market Data Statistics and Development Trends.

Chaincatcher·2024/11/20 17:33
MicroStrategy's stock dives 20% after short-seller says 'volume has completely detached from BTC fundamentals'
MicroStrategy's stock dives 20% after short-seller says 'volume has completely detached from BTC fundamentals'

Quick Take Citron Research cheered Michael Saylor’s vision for selling debt to fund bitcoin purchases ut noted the stock’s massive runup has been overheated.

The Block·2024/11/20 16:00
US CFPB finalizes its rule for large nonbank firms offering digital payments, but excludes crypto
US CFPB finalizes its rule for large nonbank firms offering digital payments, but excludes crypto

Quick Take The agency, tasked with overseeing consumer financial markets, wrapped up its rule on Thursday. Notably, the CFPB said it narrowed its scope to “only transactions conducted in U.S. dollars.”

The Block·2024/11/20 16:00
XRP surges to hit 3-year high as Gensler announces SEC departure
XRP surges to hit 3-year high as Gensler announces SEC departure

Quick Take The price of Ripple’s XRP token has rallied over 27% in the past 24 hours to hit its highest level since May 2021. The surge comes amid Gary Gensler’s announcement of his departure from the SEC.

The Block·2024/11/20 16:00
Flash
  • 10:54
    Data: Solana's average daily DEX transaction volume has remained above 6 billion US dollars over the past week, accounting for 45% of the market share
    According to Cointelegraph, data shows that over the past week, Solana's daily average DEX transaction volume has remained above $6 billion, accounting for 45% of the entire market. The transaction volumes of all other blockchains in the top ten have significantly decreased except for Solana. In addition, the total value locked (TVL) in the Solana network reached $9.2 billion, a 73% advantage over BNB Chain which holds assets worth $5.3 billion. Another report by DappRadar states that in the past seven days there were 29.3 million unique active addresses interacting with DApps on Solana. In comparison, Near had 9.6 million addresses, opBNB had 7.8 million addresses and Base had 4.6 million addresses. SOL futures funding rate peaked at about 4.2% on November 22nd and this indicator has been stable at around 2.4% per month for long positions, slightly higher than neutral point.
  • 10:52
    Baby Doge: Plans to launch BabyDoge Properties service to enter the Real World Asset (RWA) real estate sector
    PANews reported on November 24th that Baby Doge announced on platform X that it will soon launch the BabyDoge Properties service to enter the real estate RWA field, supporting users to purchase real estate with cryptocurrency. However, Baby Doge added that if this plan changes or is cancelled, no further notice will be given.
  • 10:50
    The total amount of U.S. national debt has broken through 36 trillion dollars, reaching a new high
    News on November 24, according to the latest report released by the U.S. independent research institution Federal Budget Accountability Committee, the total amount of U.S. national debt has broken through 36 trillion dollars this week, reaching a record high. From the end of July this year, when the total US national debt reached 35 trillion dollars, it has now risen to 36 trillion in just over three months.
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