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Quick Take: A U.S. court ruled that the trading of certain crypto assets on secondary markets are securities transactions. The ruling comes in an insider-trading case against former Coinbase product manager Ishan Wahi, brother Nikhil Wahi and friend Sameer Ramani.
The trading volume of Bitcoin Ordinals hit over $51 million — levels not seen since December 2023.Milady Maker has seen a 24-hour sales increase of roughly 240%, with transaction count at a similar level.
Quick Take: The surge in EigenLayer’s total value locked (TVL) is attributed to continuous ether deposits and the rise in ether’s price. Assets deposited to EigenLayer have increased from $1.1 billion to $10 billion year-to-date.
Bitcoin price briefly hit above $64,000 on Monday in Asia, according to The Block’s Price Page.Bitcoin futures open interest hit its all-time high while spot ETFs continued to boom.
Plus, Telegram pledges to share ad revenue and dog-related coins see renewed interest
- 07:17Meme Coin TEE Breaks 0.04 USDT on Ether, Market Capitalization Reaches $44.8 MillionThe ticker shows that the TEE of the Meme coin on Ether has broken through 0.04 USDT and is now at 0.04505 USDT, up 3705% in 6 hours, with a market capitalization of $44.8 million.
- 07:03“Trump deal” heating up Trump's social media valuation than Musk's X platformOctober 30, in the run-up to the U.S. election, “Trump trading” has heated up dramatically, because investors believe that Trump's chances of returning to the White House are very high. The odds on the betting market show that Trump is far more likely to win the election than Harris. Truth Social, Trump's self-made social media platform, has surpassed the latest valuation of its biggest rival, Platform X, owned by Musk, the world's richest man, thanks to a recent surge in Trump Media Technology Group (TMTG) shares. As of Tuesday, shares of Truth Social's parent company, Trump Media Technology Group, had soared 333% from a low set in late September, climbing to a valuation of $10.6 billion. That compares with Fidelity Investment's latest valuation of X at just $9.4 billion. Fidelity regularly updates its valuation expectations for the social media platform because of its stake in X. Since Musk bought X in October 2022 for a whopping $44 billion, the platform's valuation has fallen 79%. Translated with DeepL.com (free version)
- 06:39Top 5 Trending Assets: GRASS reached a peak of 1.12 USD, with a 24-hour increase of 7.44%Bitget market data, today's top 5 trending assets are XUSDT, DOGE, GRASS, BGB, DOGS. Specifically: XUSDT has increased by 109.52% in the last 24 hours and is currently priced at $0.00005548; DOGE has increased by 6.01% in the last 24 hours and is currently priced at $0.17520; GRASS has increased by 7.44% in the last 24 hours and is currently priced at $0.9210; BGB has decreased slightly by -0.01% in the last 24 hours and is currently priced at $1.1782; DOGS have fallen by -0.63% in the last 24 hours and are now valued at $0.0006280.
