The global crypto market cap is $2.80T 1.97%▼ with a 24-hour market volume of $126.10B 4.19%▼. Bitcoin's dominance is currently 43.15% 0.05%▲. CURRENT PRICES BY MARKET CAP # | Name | Price | 24h % | 1 | Bitcoin BTC | $63,936.62 | 4.60% ▼ | 2 | Ethereum ETH | $4,648.73 | 2.11% ▼ | 3 | Binance Coin BNB | $623.91 | 1.38% ▼ | 4 | Solana SOL | $228.71 | 3.21% ▼ | 5 | Cardano ADA | $2.06 | 2.02%▼ | Source: CoinMarketCap, 6:00 EST | |
Solana Labs co-founder Raj Gokal said Solana (SOL) has no desire to be an Ethereum (ETH) killer. Gokal stated that he believes the two can grow together, and Solana couldn’t kill Ethereum if it wanted to. More: - The comments from Gokal came as a response to a Tweet from Placeholder co-founder Chris Burniske stating that “L1 knives are fully out.”
- Messari researcher Dustin Teander noted that Solana had received considerable attention from investors over the past quarter.
- SOL is currently the fifth-largest cryptocurrency, with a market cap of around $71.7B. ETH is the second largest, with a market cap above $565B.
- SOL has gained 11,742% so far this year, while ETH has gained 931% in the same period.
| |
TOP NFT COLLECTIONS # | Name | 24h Volume | 24h % | 1 | Axie Infinity ETH, RONIN | $32.75M | 4.46% ▼ | 2 | Bored Ape Yacht Club ETH | $9.64M | 147.38% ▲ | 3 | CryptoPunks ETH | $3.92M | 45.44% ▼ | 4 | Farmers World WAX | $3.49M | 30.33% ▼ | 5 | Art Blocks ETH | $3.18M | 186.10% ▲ | Source: DappRadar, 6:00 pm EST | |
The Indian government is expected to adjust its stance on cryptocurrencies. A meeting of India’s Parliamentary Standing Committee on Finance will occur on Nov. 15. More: - The Reserve Bank of India has repeatedly issued warnings on crypto, even going as far as banning crypto in 2018.
- Although the ban was ruled unconstitutional by India’s Supreme Court, the legality of crypto in India has remained a gray area.
- The “Hearing of the views of associations, industry experts on the subject of ‘CryptoFinance’: Opportunities and challenges” will be the first meeting of the Indian government with crypto-industry stakeholders.
- The government is seeking information about the opportunity for crypto in India as well as its potential impact on the Indian rupee.
| |
A message from ITERABLE The State of Mobile Marketing Webinar with Twilio - Stream now! The mobile marketing landscape is always changing, especially in recent years. As you plan for a mobile-focused future, arming yourself with data and first-hand knowledge from leaders helping to shape the experiences of the biggest mobile brands around will help you stay ahead of the curve. Join us as we team up with our friends at Twilio to explore the latest mobile marketing trends shaping our work as marketers, lives as consumers, and the massive opportunities they hold for our brands. We’ll also share key findings from our latest mobile consumer report and sit down for a fireside chat between Iterable’s Sr. Director of Strategic Services and Twilio’s VP of ISV. Watch Now | |
An energy crisis in Kazakhstan is significantly affecting Bitcoin (BTC) miners. Kazakhstan became a haven for miners following China’s ban on cryptocurrency. More: - According to data from the University of Cambridge, Kazakhstan is the second-most popular country for BTC mining.
- Bitcoin mining rig manufacturer Canaan and mining firm Bit Mining (BTCM) both moved from China back in June.
- Kazakhstan’s energy minister Magzum Mirzagaliyev stated that regulated crypto operations should not be affected by outages.
- It is estimated that 8% of the country’s power is used by mining operations, with two-thirds of the operations being unregulated.
| |
▲ TOP GAINERS # | Name | Price | 24h % | 1 | Decentraland MANA | $3.27 | 20.65% ▲ | 2 | Helium HNT | $54.60 | 12.43% ▲ | 3 | IoTeX ITOX | $0.2014 | 10.32% ▲ | 4 | Chiliz CHZ | $0.5488 | 7.58% ▲ | 5 | Algorand ALGO | $204.07 | 14.47% ▲ | ▼ TOP LOSERS # | Name | Price | 24h % | 1 | OMG Network OMG | $13.15 | 24.46%▼ | 2 | NEAR Protocol NEAR | $11.20 | 11.20%▼ | 3 | OKB OKB | $26.13 | 8.95%▼ | 4 | Livepeer LPT | $59.27 | 8.75%▼ | 5 | Kadena KDA | $23.16 | 8.19%▼ | Source: CoinMarketCap, 6:00 EST *Limited to cryptocurrencies in the Top 100 | |
The SEC filed an enforcement action against Mirror Protocol developer Terraform Labs PTE and its CEO, Do Kwon. The enforcement action comes during an ongoing investigation into potential securities laws violations. More: - The order seeks to compel compliance with investigative subpoenas for documents and testimony from Terraform Labs.
- According to the SEC, Mirror Protocol’s mAssets violate securities regulations because they are used to mirror the price of US securities.
- The SEC further asserts that the sale of Mirror’s MIR governance token constituted an illegal promotion and offering of securities regulated by the SEC.
| |
A message from SETAPP Setapp brings hand-picked collection of tools for productivity, remote work, planning, and more. This app suite allows you to save time on search and easily find quality tools to handle your tasks. In detail: - Setapp offers curated tools for time and project management, collaboration, working with multimedia, fonts, code, databases, etc.
- Finding a tool is as easy as opening Setapp on your Mac and typing in a related keyword.
- You can also venture to discover more tools through collections, categories, how-to explainers, and recommendations.
- Apps in Setapp are available under a Setapp subscription.
Start Your Free Trial | |
Bakkt reported a $28.8M net loss in its Q3 earnings report. The publicly traded digital assets platform recorded a $24.1M loss in EBITDA, nearly twice that of Q3 last year. More: - Q3 business and operating expenses were 60% higher than they were in Q3 2020.
- Bakkt made several key partnerships over the course of Q3, including partnerships with Mastercard and Fiserv.
- The company reported 1.7 million active transacting accounts on the platform since the start of 2021, 7.3 million away from its end-of-year projection of 9 million users.
| |
The Chia Network (XCH) will be used to monitor climate change in Costa Rica. The Costa Rican government signed a memorandum of understanding to let Chia utilize the country’s national climate change metrics system (SINAMECC). More: - Chia Network is a blockchain-based, smart transaction platform that utilizes Bram Cohen’s modified Nakamoto consensus algorithm, Proof of Space and Time (PoST).
- Chia will create and maintain a national registry to oversee carbon inventory at no cost to other countries.
- SINAMECC was founded in 2018 to oversee and address issues in line with the country’s climate change policy.
| |
QUICK HITS - Wondering where to invest $1,000 right now? Access 3 new Motley Fool Double Down Stock Picks.*
- The New England Patriots and New England Revolution owners, Kraft Sports + Entertainment, signed a marketing deal with fan token platform Socios.
- The SEC rejected VanEck's application for a Bitcoin (BTC) spot market ETF over concerns of "fraud and manipulation" in the BTC spot market.
- Coinbase added a social feature that lets users share their crypto portfolios via Twitter and Instagram.
- Grayscale's total crypto assets under management (AUM) reached a new ATH, exceeding $60B.
- Hut 8 reported $50.3M in quarterly revenue and mined a total of 905 BTC.
- Here's an infographic on global cookie consent guidelines and ways to make your cookie banner a positive part of the user experience!*
*Sponsored Content | |
UPCOMING EVENTS: - November 15 - Twitter Spaces: Crypto Native Venture Capital with Peter Yuan Pan (1kx Capital) (Register Here)
- November 15 - Announcing UnblockConf21! A new three-day virtual developer conference for teams implementing CI/CD at scale. (Register Here) *
- November 16 - November 17 - Slack Frontiers: Learn, connect, get inspired and take on the future of work. (Register Here) *
- November 17 - Understanding Solana (Register Here)
- November 17 - Explore The Art of Go-To-Market Alignment (feat. HubSpot, Highspot, and Clearbit) (Register Here) *
- November 18 - Accelerating Augmented Reality with Aidan Fitzpatrick (Reincubate) (Register Here)
- November 19 - VC Crypto with Troy Osinoff (Set A Reminder)
- November 30 - Need To Know NoCoders - Prakash Chandran (Xano) (Register Here)
- December 01 - Investing in Minority Led Startups with Jarrid Tingle (Harlem Capital) (Register Here)
- December 03 - Investing in Overlooked Founders with Brandon Brooks (Overlooked VC) (Register Here)
- December 16 - Alternative Investments (Register Here)
- January 25 - Need To Know NoCoder - Leon Young (Cogniss) (Register Here)
*This is a sponsored event listing. | |
| | Griffin McShane is a New York transplant currently living in Brooklyn, NY. He is a graduate of Providence College, where he studied both computer science and business, and the University of Maine School of Law, where he earned his JD. Beyond his work at Inside, Griffin has written articles for CoinDesk and is a member of the International Association of Privacy Professionals (IAPP). | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
Brands use Iterable to increase customer engagement across email, SMS, mobile, and push notifications. | |
One-stop subscription to solving every task on Mac and iPhone. Stay in your flow and always finish what you started. | |