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Quick Take Aptos Labs added former Grayscale Investments CEO Michael Sonnenshein and OpenAI Chief Product Officer Kevin Weil to its advisory board. Sonnenshein and Weil will help bolster Aptos’s growth in artificial intelligence, institutional adoption and other endeavors.
Avalanche (AVAX) shows strong momentum, surpassing TRON in market cap growth. TRON faces reduced activity, with key support levels critical for price stability. AVAX’s overbought RSI signals potential short-term correction amid bullish trend.
DeSci is attracting a lot of interest from crypto users. Crypto analysts compare DeSci’s current state to that of DeFi in 2017. DeSci coins a low-cap, with massive upside potential.
Shiba Inu faces a bearish trend as it struggles to maintain critical support levels. High trading volume signals interest, but sell-offs dominate Shiba Inu’s price action. November forecast predicts SHIB trading between $0.0000263 and $0.0000553 amidst volatility.
Quick Take The Movement blockchain project has introduced its native MOVE token with a supply of 10 billion tokens. MOVE will initially be launched as an ERC-20 token during a token generation event on Ethereum.
Quick Take Phantom’s support for Base is out of beta and available for all users. Base has a total value locked of nearly $3.4 billion as of Monday.
- 13:21Report: Bullish Momentum for Bitcoin Begins to FormMarket-related reports indicate that Bitcoin continues to demonstrate impressive resilience, having risen over 10% in the past week, outperforming traditional risk assets like the S&P 500. After weeks of volatility and low liquidity, Bitcoin has reclaimed the $94,000 range low—a critical sign, as it was this level that supported Bitcoin's rally to its all-time high in January. Furthermore, Bitcoin has now also risen back to the short-term holding cost basis, approximately $92,900, which is a key on-chain pivot point that typically distinguishes the drawdown phase from new bullish momentum. In addition to a positive market structure, margin indicators have also rebounded to 87.3%, indicating improved market health and investor profitability.
- 12:47U.S. Treasury Secretary: The First Trade Agreement May Be Reached as Early as This Week or NextU.S. Treasury Secretary stated that the first trade agreement could be reached as early as this week or next.
- 12:46El Salvador Bitcoin Office: Will Continue to "Stack" BTCDespite the International Monetary Fund's request for El Salvador to stop directly purchasing Bitcoin, the El Salvador Bitcoin Office posted on the X platform: "El Salvador will continue stacking, adding one Bitcoin a day to its strategic Bitcoin reserve, just watch...". Analysts believe that El Salvador's loan agreement with the International Monetary Fund only commits the country's fiscal department to not accumulate Bitcoin, but technically, the El Salvador Bitcoin Office operates beyond the "fiscal department" boundaries.