Top 10 Trending Crypto Coins of The Day

  1. Arbitrum: Market Cap of $1.3 Billion.
  2. Toncoin: Market Cap of $8.8 Billion.
  3. Tectum: Market Cap of $36 Million.
  4. Litecoin: Market Cap of $5.0 Billion.
  5. Dione: Market Cap of $26 Million.
  6. Memecoin: Market Cap of $165 Million.
  7. Celestia: Market Cap of $339 Million.
  8. Gas: Market Cap of $184 Million.
  9. Solana: Market Cap of $17.3 Billion.
  10. THORChain: Market Cap of $992 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.

Web3 Watch: NETGEAR continues its NFT push

This article is part of Blockworks’ Web3 Watch, a weekly roundup of the highlights and lowlights from the culture side of crypto.

The wireless provider NETGEAR is teaming up with SuperRare for its Meural Opus, $800 digital picture frames that can connect to wallets and display NFTs. 

NETGEAR acquired Meural and its smart frame technology in 2018 and made its NFT play in force in 2022, partnering with Metamask and joining SuperRare’s DAO. 

The launch combines a growing market and a shrinking one. Persistence Market Research predicts smart frames to grow by 3.1% annually over the next decade while the NFT market continues its slide.

And the Opus isn’t a smart frame with NFT…

Read more on Blockworks

Bitcoin bulls defend $34K as trader predicts next BTC price ‘impulse’

Bitcoin (BTC) sought to pressure $35,000 on Nov. 4 as weekend markets continued to consolidate higher.

BTC/USD 1-hour chart. Source: TradingView”Significant” event sets up BTC price upside

Data from Cointelegraph Markets Pro and TradingView showed BTC price support holding after the end of Wall Street trading.

The largest cryptocurrency saw a revisit of intraday lows the day prior, but $34,000 successfully passed the test as a short-term BTC price floor.

#Bitcoin has been above $34k for 11 days now.Healthy accumulation zone.

— James V. Straten (@jimmyvs24) November 4, 2023

After nearly hitting $36,000 during the week, Bitcoin was still a favorite for traders eyeing potential upside…

Read more on Cointelegraph

Crypto hiring: Rough waters for OpenSea as NFT platform announces layoffs

OpenSea’s CEO announced a series of layoffs on Friday afternoon via a thread on Twitter, as the NFT market continues to underwhelm.

An OpenSea spokesperson told Blockworks around 50% of staff was affected. The move comes less than a month after fellow NFT startup Yuga Labs made its own round of employee cuts.

OpenSea CEO Devin Finzer also said the platform is “shifting to a smaller team with a direct connection to users.” 

The company was valued at $13.3 billion at the height of its fundraising efforts back in 2022. This was before the NFT market entered a prolonged slump, and its loss of market share to rival NFT…

Read more on Blockworks

Pacific Bitcoin | Conference | Bitcoin Maximalist

For years I was a supportive, albeit passive participant in our family’s Bitcoin journey. I understood the basics, or at least, I thought I did. All of that changed however when my husband and I attended Pacific Bitcoin together.

Bitcoin the concept is one thing; Bitcoin the experience, however, is what ended up converting me. The feeling of excitement and support was infectious. If you have someone you care about who remains intransigent with Bitcoin, bring them to an event. Don’t just tell them; help them see it, help them feel it. 

The Pacific Bitcoin Conference

My Pacific Bitcoin Journey

Landing in California was exciting. Our first adventure was going to…

Read more on bitcoinnews

October 2023’s GAINERS

  1. Injective Protocol ($INJ): 84.7%
  2. Solana ($SOL): 80.1%
  3. Rollbit Coin ($RLB): 73.6%
  4. Bitcoin SV ($BSV): 56.3%
  5. Mina Protocol ($MINA): 55.1%
  6. Render Token ($RNDR): 54.7%
  7. THORChain ($RUNE): 52.3%
  8. Pepe Cash ($PEPE): 43.2%
  9. Chainlink ($LINK): 38.7%
  10. Trust Wallet Token ($TWT): 37%

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.

When Is Blackrock Bitcoin ETF Approval Date?

BitcoinNews.com is not investment advice.

Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

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Bitcoin Magazine Store | Federal Reserve

Bitcoin Magazine store is facing legal action from the Federal Reserve over parody merchandise. The merchandise in question depicts renditions of the FedNow logo – the Fed’s new interbank real-time payment system. 

The Federal Reserve claims Bitcoin Magazine is infringing on its trademarks and misleading consumers into thinking an affiliation exists between the two entities. However, Bitcoin Magazine asserts the merchandise represents protected free speech under fair use parody laws.

Source

Bitcoin Magazine Store: Parody As Protected Speech

Parody is considered fair use and protected speech under copyright law. The Supreme Court has ruled parodies to be…

Read more on bitcoinnews

Letting Go of Fiat Means Letting Go of Bitcoin

This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now.

A PDF pamphlet of this article is available for download.

Letting go of the fiat world also means being able to let go of Bitcoin. Let me explain by telling you a story about how I died.

I grew up in Germany as the oldest of four brothers. My father worked at the local energy company but outside of that he was always politically active. Aged 16, he joined the Social Democratic Party of Germany (SPD) — equivalent to the Democrats in the USA. His

life, and therefore mine, was dominated by the SPD. He spent a lot of time helping with campaigns and doing political work; sometimes it felt…

Read more on BitcoinMagazine

LATEST: Regulators May Approve Spot Bitcoin ETF by November End, Valkyrie CIO Says

Valkyrie Chief Investment Officer (CIO) Steven McClurg has suggested that regulators may approve a spot Bitcoin ETF by the end of November. The U.S. Securities and Exchange Commission (SEC) is anticipated to issue a second request for comments to various spot Bitcoin ETF applicants in the coming weeks, following their initial request in September. Valkyrie, one of the contenders, has reportedly updated its filing. The CIO believes that after the SEC’s new requests, the necessary 19b-4 filings, enabling the listing of spot Bitcoin ETFs, could be approved by month-end.