Top 10 Trending Crypto Coins of The Day

  1. GAMEE: Market Cap of $13 Million.
  2. Seedify.fund: Market Cap of $81 Million.
  3. XDEFI: Market Cap of $16 Million.
  4. Bitrock: Market Cap of $18 Million.
  5. Niza Global: Market Cap of $24 Million.
  6. Dione: Market Cap of $30 Million.
  7. RabbitX: Market Cap of $16 Million.
  8. Tectum: Market Cap of $45 Million.
  9. Celestia: Market Cap of $712 Million.
  10. Memecoin: Market Cap of $230 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

Bitcoin: A Beacon Of Financial Liberation In A Dollar-Driven World

It has become commonplace to normalize the extremity of fiat. The last such instance was in September when the federal government broke another record by crossing the $33 trillion national debt threshold. A decade ago, the USG’s outstanding borrowings have already outpaced the US’ annual GDP.

The Congressional Budget Office (CBO) now projects a 2% federal debt increase per year. The established dynamic is one of increased borrowing because there is simply no way to patch up budget deficits with tax revenue alone. This year alone, the USG had to pay $711 billion on net interest payments.

Ultimately, the Federal Reserve, as the purveyor of money, has to keep increasing its balance sheet…

Read more on BitcoinMagazine

Chicago Board Options Exchange to Launch Leveraged Bitcoin Futures Trading in January

Chicago Board Options Exchange (Cboe) Digital announced today its plans to introduce trading and clearing in margin futures on Bitcoin, commencing January 11, 2024. This move positions Cboe Digital as the first U.S. regulated cryptocurrency native exchange and clearinghouse to facilitate both spot and leveraged derivatives trading on a unified platform, according to the announcement.

Initially offering financially settled margined contracts on Bitcoin, Cboe Digital plans to diversify its product suite to include physically delivered products, pending regulatory approvals. The margin model is designed to enhance capital efficiency, enabling customers to engage in futures trading without…

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Bithumb’s Ambitious Plan To Go Public A Game-Changer For The Crypto Market?

South Korea-based crypto exchange Bithumb announced its plan to go public, eyeing an Initial Public Offering (IPO) in the second half of 2025.

This significant development arrives as the industry looks forward to discussions at Benzinga’s Future of Digital Assets conference on Nov. 14, where similar market advancements are expected to be a focal point.

Bithumb’s IPO Endeavor

Bithumb Korea selected Samsung Securities last month as the lead underwriter for its IPO, setting an ambitious target to list on the KOSDAQ by the second half of 2025, a local news outlet reported.

This decision marked a strategic effort to regain market dominance, currently led by Upbit, which has about 85% of the…

Read more on Benzinga

Bitcoin institutional inflows top $1B in 2023 amid BTC supply squeeze

Bitcoin (BTC) institutional investment vehicles have seen over $1 billion in new inflows in less than two months.

In its latest weekly report on Nov. 13, crypto asset management firm CoinShares furthered the narrative that Bitcoin and altcoins are again attracting capital.

Crypto institutional product AUM up 99% year-to-date

Bitcoin, Ether (ETH) and some major altcoins are enjoying price gains as excitement over the possible approval of the United States’ first spot exchange-traded fund (ETF) grows.

Since November 2022, the total crypto market cap has increased by $600 billion, data from TradingView confirms.

Total crypto market cap 1-week chart. Source: TradingView

The past two months,…

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It’s time for blockchain security firms to join forces

The lack of open communication between blockchain security firms requires urgent action. 

Following a spate of high-profile hacks, the time to address the prevalence of multi-million-dollar hacks is severely overdue. Not even respected figureheads like Vitalik Buterin and Mark Cuban are immune, with over $1 million lost following a hacked Twitter account and wallet, respectively. 

Without a doubt, technical capabilities matter in securing funds against bad actors. However, there is a critical component that is being overlooked in the present: teamwork. If we are to successfully neutralize the risks of financial and reputational loss to the industry, communication and collaboration…

Read more on Blockworks

U.S. FSC to discuss illicit activity in crypto at upcoming hearing

The United States Financial Services Committee (FSC) has scheduled a Nov. 15 hearing for a deep dive into the illicit activities in the cryptocurrency ecosystem.

The hearing, ‘Crypto crime in context: breaking down the illicit activity in digital assets,’ will feature prominent crypto entrepreneurs as attendees.

According to the Committee’s calendar, Mr. Bill Hughes, senior counsel and director of global regulatory matters at Consensys, and Mr. Jonathan Levin, co-founder and chief strategy officer at Chainalysis, will participate in the hearing as witnesses. Former federal officer and human trafficking finance specialist Jane Khodarkovsky will also join the duo as a witness. The…

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How to bear the bear market: Web3 tips

In the last bear market, crypto was still in the discovery phase as users were wondering whether blockchain assets are a legitimate long-term trend or just a fad that should’ve been sold at the top. This time, the top industry players, including Microsoft, Google and Reddit, are moving into Web3 products, and top banks such as JP Morgan and Franklin Templeton are testing the waters by settling transactions on-chain.

Bear markets also bring uncertainty to builders. VC investment into Web3 startups has fallen to its lowest since 2020. VCs that were deploying rapidly in the bull market take more time to evaluate projects and weigh valuations before investing. However, bear markets come…

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Ethereum research explores zk-based privacy for mainnet

New research into the Ethereum blockchain looks at ways to use zk-SKNARKs (zero-knowledge succinct non-interactive argument of knowledge) to enable private transactions using Solidity, the primary programming language on Ethereum.

This research is primarily focused on being able to enable privacy-enhancing functionality that is traditionally reserved for layer-2 networks built on top of the Ethereum application layer. 

According to Mirror Tang, co-founder of Salus Security and author of the research paper, enabling ZK functionality within Solidity may remove the need for layer-2 blockchains, such as zero-knowledge rollups. 

“A lot of DeFi activity remains on Ethereum L-1, and less…

Read more on Blockworks