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Enhanced liquidity does not necessarily indicate a bullish crypto market.
Quick Take World Liberty Financial plans to roll out its own debit card “very soon,” with Apple Pay integration linked to its USD1 stablecoin, the project’s co-founder Zak Folkman said. Patrick Witt, the executive director of the White House Council of Advisors on Digital Assets, said he expects a sweeping crypto market structure bill to pass before the end of 2025.
Quick Take The combined company will hold nearly 11,000 BTC once finalized, making it the 12th-biggest public-traded corporate bitcoin treasury. The deal could position Strive as the sector’s “consolidator of choice,” according to Benchmark analysts.
Quick Take Crypto’s rich list now comprises 36 billionaires and 241,700 millionaires, according to a new wealth report. The number of crypto millionaires has increased by 40% year-over-year, primarily driven by bitcoin investors, with global adoption now estimated to reach 590 million people.
UXLINK reported a multi-sig wallet breach, but the bigger twist is the hacker got scammed and lost $48 million to a phishing scam.
Quick Take Tether is said to be in talks with investors to raise as much as $20 billion at around a $500 billion valuation, according to a report from Bloomberg. Cantor Fitzgerald, said to be a Tether shareholder, is advising the potential deal, the report said.
Quick Take Australia-based Fitell Corporation has secured a $100 million “financing facility” to accumulate Solana as part of its new digital asset treasury strategy. The company has been operating as a provider of fitness equipment and health solutions.
Ripple’s launch of its RLUSD stablecoin and the debut of U.S.-based XRP ETFs are expected to drive a significant rebound in XRP’s transaction volume.
- 05:58A whale deposited 1.19 million USDC into HyperLiquid and opened a 5x leveraged long position on UNI.ChainCatcher News, according to monitoring by Onchain Lens, the whale "0xB29" deposited 1.19 million USDC into HyperLiquid and opened a 5x leveraged long position on UNI. This position is valued at 4.47 million US dollars, with a liquidation price of 7.4 US dollars.
- 05:42The decentralized contract exchange Sun Wukong recorded a trading volume of 970 million USDT last week, a 36% increase compared to the previous week.ChainCatcher News, according to official social media sources, the Chinese decentralized contract trading platform SunPerp recorded a trading volume of 970 million USDT last week, a 36% increase compared to the previous period. So far, the platform's cumulative trading volume has exceeded 4.5 billion USDT, with registered users surpassing 50,000, and overall trading activity continues to rise. On November 10, SunPerp held a community AMA event, engaging in in-depth discussions about the platform's future development direction. The project's community spokesperson stated that the platform will continue to expand its multi-chain ecosystem, planning to add two new public chains each week and support more stablecoins, continuously optimizing user experience and liquidity depth. Multiple benefits are being released during the AMA event: for the first Approve on the Tron chain, 100% of the Gas fee will be refunded, and USDT staking currently offers up to 10% annualized yield. The SunPerp team stated that in the future, they will continue to launch SVIP exclusive events, limited-time trading competitions, and community interaction tasks, aiming to build a new contract trading ecosystem that combines high returns, strong user experience, and true decentralization.
- 05:42S&P 500 futures turn lower, Nasdaq futures fall 0.14%ChainCatcher News, according to Golden Ten Data, S&P 500 index futures have turned lower, Nasdaq futures are down 0.14%, while Dow futures are up slightly by 0.06%.