Event Calendar
Event Calendar
According to BlockBeats, on November 21st, Musk reposted a tweet related to the concept of "CHILLGUY" on social media. In the forwarded tweet, a blogger evaluated and introduced the performance of Grok, and the test results involved the concept of "CHILLGUY".
Odaily Planet Daily reported that Musk wrote, "I learned tonight at Mar-a-Lago that Jeff Bezos had told everyone that Trump would not be elected, so they should sell all Tesla and SpaceX stocks
Odaily Planet Daily News: Renowned cryptocurrency trader Jor Dan Fish (pseudonym Cobie) posted on X platform, saying, "Bitcoin flipping gold is just a reminder to return to rational reality. The multiple it flips is a more interesting question. Perhaps 5-10 times is the fair valuation that is approaching in this process." Steven, a researcher at TheBlock, asked in the comment section, "(Do you mean) the price of a single BTC is between 4 million and 9 million US dollars????" Subsequently, he responded, "This sounds like a good price for BTC. In addition, it added: "To be honest, although gold will also face severe competition from Bitcoin's competitor assets, Bitcoin is basically interstellar digital gold. Therefore, as predicted by the text on the wall, as humans become a multi planetary species, mineral rocks and gold investors on Earth may choose more superior assets. Many other gold cases: perhaps a future intelligence can refine gold, or perhaps a future human who has conquered the stars will be able to explore infinite gold mines in space. On the other hand, it seems unlikely that we will find any Bitcoin in space." This view was supplemented by information from Paradigm co-founder Matt Huang, who reported that a giant asteroid in space has a value of 700 trillion. The gold of the US dollar.
BlockBeats News: On November 21st, Musk announced on his social media that Mar-a-Lago learned tonight that Jeff Bezos had told everyone that Trump would definitely lose the election and suggested selling all Tesla and SpaceX stocks.
The crypto market right now is like a roller coaster racing ahead and then adding a few extra loops for good measure, pushing the thrill and risk to new heights.
On November 21st, according to Yonhap News Agency, North Korea stole $42 million worth of Ethereum from Upbit. The South Korean National Police Agency stated that the North Korean state funded hacker groups Lazarus and Andariel were involved in the theft of 342000 Ethereum from the cryptocurrency trading platform Upbit in November 2019.
According to The Block, the ETH/BTC price ratio fell to 0.032, the lowest level since March 2021. Bitcoin prices continue to hit historic highs, currently trading at around $97770, while Ethereum has shown relatively weak performance in the rising market. Analysis suggests that the strong rise of Bitcoin benefits from the approval of Bitcoin spot ETFs by the United States in 2024 and the re-election of Trump, who supports cryptocurrency. In contrast, Ethereum faces a dual pressure: competing with Bitcoin for value storage status and competing with Solana for market share on smart contract platforms. Solana has attracted more developers and investors with its advantages in decentralized exchanges and protocol fees. In addition, since the merger and upgrade of Ethereum in 2022, its market momentum has been affected by regulatory uncertainty. Despite its current weak performance, Ethereum remains the most economically active smart contract platform and may attract more developers and market attention in the long run through technological upgrades and new use cases. Analysts point out that if Bitcoin's rise slows down or Ethereum market sentiment improves, its price ratio is expected to rebound.
According to BlockBeats, on November 21st, according to Lookonchain monitoring, a whale purchased 100000 SOLs within 2 days and pledged them. The whale currently holds 231919 SOLs (55.58 million US dollars).
OKX-BTC/USDT is currently trading at $97000.00, with a 24-hour increase of 5.17%. Please be aware of market fluctuations.
CryptoQuant CEO Ki Young Ju stated on social media that the Bitcoin bull market is starting and pointed out that the current data is similar to the market performance in 2020. He mentioned that in the past few months, on chain data showed that whales continued to accumulate Bitcoin. At that time, many people were skeptical about this data, but now its rationality is gradually emerging. He further analyzed that after halving, mining costs would double and prices would need to rise to maintain miners' profitability. In addition, many traders short Bitcoin, which may drive the bull market through bearish pressure. Ki also mentioned that based on the performance of past halving cycles, Bitcoin's bull market usually starts in the fourth quarter, and whales will not let this stage of market performance be lackluster.
Odaily Planet Daily News: Token Terminal data shows that in the past two months, Circle has transferred an average of about $100 billion worth of stablecoins on the Base chain every week.
According to AICoin monitoring, a large amount of funds flooded into the US spot BTC ETF market yesterday, with a net inflow of up to 773 million US dollars. Among them, IBIT was the largest inflow, with a daily net inflow of 627 million US dollars; Next is FBTC, with a total of 134 million US dollars. According to AICoin's "Spot BTC ETF Tracking" real-time trading strategy, there is a significant positive correlation between ETF fund inflows and BTC prices. Subscription indicators can be used to automatically place orders based on fund flows. Data for reference only
Foresight News reports that according to Deribit data, $2.639 billion worth of Bitcoin options and $459 million worth of Ethereum options are about to expire. The Put Call Ratio for Bitcoin options is 1, with a maximum pain point of $85000. The Put Call Ratio for Ethereum options is 0.67, with a maximum pain point of $3000.
According to the Anoncast official website, the minimum fee threshold for posting has been adjusted from 30000 ANONs to 15000. Anoncast supports users to anonymously post to Farcaster and X platforms through ZK authentication. Require holding at least 15000 ANONs to post on Farcaster, and holding 1 million ANONs to promote posts to X or delete posts. Earlier, Ethereum founder Vitalik Buterin and Base protocol leader Jesse Pollak both purchased over 30000 ANONs.
According to BlockBeats, on November 21st, the Department of Government Efficiency (DOGE) announced on its social media platform that in fiscal year 2024, the US Congress provided $516 billion to projects whose federal legal authorization had expired. Nearly $320 billion of it expired ten years ago.
BlockBeats News: On November 21st, Olivier Blanchard, former Chief Economist of the International Monetary Fund, stated on Wednesday that the Trump administration's economic policies may lead to overheating and higher inflation, and will result in the Federal Reserve raising interest rates. Blanchard stated that all three pillars of Trump's economic plan will lead to higher inflation. Imposing tariffs on imported goods will lead to economic overheating and pressure on price increases. Expelling illegal immigrants will lead to labor shortages and wage increases, while tax cuts will also cause the economy to overheat. We don't know how severe inflation will be, but the responsibility of the Federal Reserve is to prevent this from happening. This will lead to higher interest rates and a stronger dollar, which is not what Trump wants
According to Foresight News, OKX has postponed the listing of OL perpetual contracts, margin trading, and Simple Earn.
BlockBeats News: On November 21st, Shenyu shared on its social media platform the important influencing factors of MSTR (MicroStrategy) and BTC summarized by GPT for the next few months Key time nodes: December 15, 2024: Cryptocurrency accounting rules come into effect, MSTR meets profitability requirements; December 20, 2024: S&P500 index adjustment window, whether to join MSTR; December 23, 2024: If approved, it will be listed for trading; -The next index adjustment window is scheduled for March 21, 2025.
Bitcoin (BTC) momentum shows no signs of slowing as a rally catalyzed by a Republican win earlier this month keeps on going, pushing the asset above $95,000 for the first time earlier Thursday.
According to blockchain analyst ZachXBT, a social engineering fraudster named Ronald (real identity Ronald Spektor) is accused of stealing $6.5 million from a victim last month by impersonating Coinbase customer service. The incident occurred on October 7th, when the victim received a phone call disguised as Coinbase customer service and was induced to visit a phishing website, resulting in the theft of funds. On chain tracking shows that the stolen funds flowed to the eXch platform and were exchanged for Litecoin, which was then dispersed across multiple service platforms. Just a few days later, Ronaldo boasted on Discord through screen sharing that his Ledger Live account showed $3.1 million received on October 8th. Further investigation revealed that the TON address associated with his Telegram account showed that the funds came from multiple exchanges and were linked to other Coinbase withdrawal records, further proving the possibility of his involvement in this fraud.