ChainCatcher message shows that, according to SoSoValue data, the Meme sector has performed well, with an overall increase of 11.90%, and the AI Meme concept sector rising by 12.19%.Additionally, the Trump-themed concept sector has shown remarkable performance, with an increase of 189.05%. Among them, Peanut the Trump (PNUT) has stood out, with a 24-hour increase of 324.49% and a trading volume exceeding 6 billion dollars.In terms of overall market trading volume, Meme projects continue to attract significant liquidity. In the past 24 hours, among the top 10 cryptocurrencies by trading volume in the crypto market (excluding stablecoins), there are as many as 6 Meme coins, namely DOGE, SHIB, PEPE, WIF, BONK, and PNUT.

ChainCatcher news, according to local media reports in South Korea, the Korea Exchange stated on the 13th that the average daily trading volume of KOSPI and KOSDAQ in January this year was about 20 trillion won, which has shrunk to around 15 trillion won this month.According to CoinMarketCap statistics, on the 13th, the total trading volume of the five major cryptocurrency exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, Gopax) reached 34.674 trillion won in the past 24 hours.The cryptocurrency trading volume is about 1.5 times the trading volume of KOSPI (12.848 trillion won) and KOSDAQ (7.4123 trillion won) from the previous day.

ChainCatcher message indicates that, according to SoSoValue data, the overall cryptocurrency market has slightly retraced. However, the Trump-themed coins still show an increase of 40.40%, with Peanut the Trump (PNUT) rising by 99.84%, leading the entire sector.During the retracement, other sectors still performed exceptionally well, with the Payment sector up by 4.77% and the Meme sector up by 3.39%.

ChainCatcher message, according to SoSoValue data, the encrypted market sector continues to show a general upward trend, with the AI sector leading the way, achieving a 24-hour increase of 10.48%. Notable performers include Worldcoin (WLD) with an increase of 24.11% and Render (RNDR) with an increase of 22.37%;In addition, the Meme sector continues to show an upward trend, with an increase of 9.41%, and the leading project Dogecoin (DOGE) rising by 19.57%. Furthermore, the DePIN sector increased by 7.56%, the Layer 1 sector increased by 2.58%, the Layer 2 sector increased by 2.19%, and the RWA sector increased by 1.44%.

ChainCatcher news, according to Cointelegraph, the cryptocurrency market capitalization has reached a historic high of $3.12 trillion, now approaching that of France's Gross Domestic Product (GDP).If the cryptocurrency market were considered a country, its GDP would rank eighth, only behind the United States, China, Germany, Japan, India, the United Kingdom, and France. Meanwhile, the market capitalization of Bitcoin alone has surpassed $1.77 trillion, exceeding Spain's GDP.

ChainCatcher message, according to SoSoValue data, last week (Eastern Time November 04 - November 10) saw a net inflow of 6.283 billion USD into the cryptocurrency market.Among them, the weekly net inflow for Bitcoin and Ethereum spot ETFs in the U.S. reached 1.792 billion USD; the weekly net inflow for fiat-backed stablecoins (USDC, USDT, FDUSD, TUSD, PYUSD, USDP, GUSD) reached 4.492 billion USD.As of the time of writing, the total cumulative net inflow into the cryptocurrency market has reached 183.19 billion USD.Note: The inflow of USD into the cryptocurrency market is an exclusive market indicator from SoSoValue. This indicator combines the cumulative net inflow of ETFs with the inflow of fiat-backed stablecoins, clearly reflecting the actual amount of fiat funds flowing into the cryptocurrency market.

ChainCatcher message indicates that, based on SoSoValue data, the encrypted market sector continues to show a general upward trend, with the Meme sector leading the way, reaching 22.41%; notable performers in this sector include Dogecoin (DOGE) with an increase of 30.77%, and dogwithhat (WIF) and FLOKI with increases of 23.66% and 25.66%, respectively.Additionally, the ssiMeme index, which represents the historical performance of the Meme sector, currently has a price of $30.45, with a year-to-date increase of over 200%, and an excess return of 73.23% compared to BTC since the beginning of the year.In other sectors, Layer 2 and AI sectors also performed well, with increases of 7.04% and 6.84%, respectively. The RWA sector rose by 6.52%, and the Layer 1 sector increased by 4.70%.

ChainCatcher news, according to The Block, based on the prediction of Standard Chartered analyst Geoff Kendrick, if the Republican Party successfully controls both houses of the U.S. Congress, the market capitalization of cryptocurrencies could reach $10 trillion by the end of 2026, a 300% increase from the current $2.7 trillion.Kendrick believes that a Republican-led government may bring friendly policies, such as easing regulations on stablecoins and adopting a more lenient stance at the U.S. Securities and Exchange Commission, which would be significant positives for Bitcoin reserves and more. Additionally, areas such as crypto gaming, tokenization, and decentralized IoT are expected to benefit from a more favorable policy environment.

ChainCatcher news, according to Chainwire, the cryptocurrency news and analysis platform CCN has released a latest report on the Canadian cryptocurrency market. The report shows that the Canadian cryptocurrency market has rapidly expanded over the past year, with an estimated 10% of Canadians currently holding some form of cryptocurrency. Bitcoin and Ethereum account for over 60% of the total market share in Canada, while other altcoins like Solana and Chainlink are also gaining attention.The report points out that increased institutional interest, a favorable regulatory framework, and a growing public awareness of digital assets are the main factors driving market growth.Additionally, the new regulatory guidelines introduced by the Canadian government in 2024 further encourage cryptocurrency exchanges and individuals to participate more actively in the market.

ChainCatcher news, according to The Block, an analysis team led by Gautam Chhugani at Bernstein stated that the regulatory headwinds for the cryptocurrency market have turned into tailwinds following Donald Trump's victory in the elections.The analysts also reiterated their bullish cycle target for Bitcoin to approach $90,000 by the end of this year and reach $200,000 by 2025, anticipating that the new "crypto-friendly" SEC chairman and Senate Banking Committee will accelerate regulatory transparency for the industry.

ChainCatcher news, according to The Information, industry insiders say that investment bankers from top Wall Street firms like JPMorgan, Goldman Sachs, and Morgan Stanley have been meeting with cryptocurrency executives, hoping to gain insights into potential initial public offerings (IPOs) that cryptocurrency companies may pursue after the elections. This enthusiasm reflects optimism about improved market and regulatory conditions following Donald Trump's victory in the U.S. presidential election, which could pave the way for companies like Kraken, Fireblocks, and Chainalysis to go public.It is reported that bankers' interest in the meetings is also different from much of the past two years, during which many investment banks considered the risks associated with cryptocurrency companies too high to engage in business.

ChainCatcher news, according to SoSoValue data, the cryptocurrency market is showing a general upward trend. The price of BTC increased by over 8% in a single day, with a market cap share of 59.13%. The AI Meme coin sector saw a 24-hour increase of up to 26.09%, surpassing the Meme coin sector's 17.77%. Tokens themed around the U.S. elections rose by nearly 9%, with Trump-themed coins almost all increasing, while Kamala (KAMA) dropped by nearly 80%.In addition, the AI sector rose by 13.75%, the Defi sector rose by 11.44%, Layer 1 increased by 8.57%, and Layer 2 rose by 7.73%.