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Share link:In this post: One Bitcoin is now more valuable than 1kg of gold as BTC breaches $89k. Analysts believe Bitcoin is just getting started and is still due for more value rallies. The Bitcoin industrial complex recorded $38 billion in daily trading volume, with BTC ETFs and MSTR and COIN stocks attracting record market interest.
Quick Take BlackRock’s BUIDL fund, tokenized by Securitize, is expanding from Ethereum to the Aptos, Arbitrum, Avalanche, Optimism and Polygon blockchains. BUIDL currently leads the tokenized government securities niche with $517 million in assets under management — equivalent to a market share of roughly 22%.
Quick Take Pepe surged in price following Robinhood’s announcement that it has listed the memecoin for spot trading, and an update from Coinbase revealing it will also list the token later today. The memecoin has surged by over 30% in the past hour, and over 40% in the past 24 hours.
Quick Take Bitcoin and crypto industry advocate Pete Hegseth has been nominated for Secretary of Defense by President-elect Donald Trump. Hegseth recently said Trump is “making bitcoin great again” amid the more crypto-friendly regulatory environment anticipated under his administration.
Quick Take President-elect Donald Trump appointed Tesla CEO Elon Musk and Strive Enterprises co-founder Vivek Ramaswamy to lead his new Department of Government Efficiency (DOGE). In a note to clients late Tuesday, Bitwise CIO Matt Hougan made the case for a $500,000 bitcoin price before the cryptocurrency’s early stage comes to an end and the asset “matures.” Zero Gravity Labs (0G Labs or 0GL), a crypto-AI startup developing infrastructure for a decentralized AI operating system, has secured $290 million
- 00:03Sun invested 30 million US dollars in the Trump family's encrypted project WLFI, becoming its largest investorSun announced an investment of 30 million US dollars in the Trump family's crypto project, World Liberty Financial (WLFI), becoming its largest investor. He also stated that the United States is becoming the center of blockchain, all thanks to Trump's support for Bitcoin.
- 00:02The market shows that BTC has just fallen below $93,000, currently quoted at $92,978 per coin, a decrease of 4.85% within the dayThe market shows that BTC has just fallen below $93,000, currently quoted at $92,978 per coin, a decrease of 4.85% within the day.
- 2024/11/25 23:37ZKasino has deposited 5,265 ETH into Aave as collateral to borrow 12.348 million DAI, and purchased 3,515 ETHAccording to on-chain analyst Yu Jing's monitoring, in the past 15 minutes, ZKasino has deposited another 5,265 ETH from a different address into Aave as collateral and borrowed 12.348 million DAI to buy 3,515 ETH. They have now deposited all of the user's 10,535 ETH into Aave as margin and borrowed 31.937 million DAI to purchase an additional 9,316 ETH. The average price of this leveraged purchase of ETH is $3,428 USD each.
