ChainCatcher news, according to official sources, OKX Cryptopedia has launched a special event "Meme Arena," and the third phase of the Maneki trading competition is currently underway.During the event, users can participate in sharing a reward of 50K USDT in MANEKI tokens by trading more than 10 USDT on the Solana chain through OKX DEX. The more you trade, the more rewards you receive.In the future, the OKX Cryptopedia special event "Meme Arena" will continuously add new projects and activity rewards, allowing users to easily participate in the Meme ecosystem through OKX Web3.

ChainCatcher news, on Thursday, the U.S. financial markets were closed for Thanksgiving, resulting in light trading and weak liquidity. Bitcoin experienced a strong rebound yesterday after some investors took profits, briefly rising to $97,200, and currently trading at $96,382, maintaining a steady defense of the $95,000 level, with a slight increase of 0.68% in the past 24 hours.Ethereum has shown strong performance recently, with the price breaking above $3,684 yesterday, reaching a new high in over five months, which boosted the prices of ecosystem tokens. The L2 and DeFi sectors performed well, and the market may officially welcome altcoin season. Currently, after a peak and pullback, Ethereum continues to oscillate in the $3,500 to $3,600 range, reporting $3,564 before the deadline, down 1.6% in 24 hours.In the forex market, the U.S. dollar index rebounded to 106.21 on Thursday after falling to a two-week low in the previous trading session. The euro fell against the dollar as traders reduced bets on further interest rate cuts by the European Central Bank, while the overall forex market was subdued due to the U.S. holiday. Gold prices rose, driven by geopolitical uncertainty and trade concerns, boosting safe-haven demand. Oil prices climbed on Thursday, supported by the situation between Israel and Lebanon and the delay of the OPEC+ meeting, with U.S. and Brent crude prices rising over 0.8% during trading.Due to the impact of the Thanksgiving holiday, the market trading atmosphere has become subdued, significantly reducing the likelihood of various asset prices breaking through existing range-bound movements. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and forex, recently launching a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with a potential safe-haven option. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to Cointelegraph, based on year-to-date data, 16 publicly listed crypto mining companies have spent a total of $3.6 billion on property, plant, and equipment (PP&E) upgrades, including new mining hardware. So far in 2024, these 16 mining companies have raised over $5 billion, with the third quarter being the highest period for PP&E spending since the first quarter of 2022. Spending on mining hardware accounts for the majority of PP&E expenditures. Since 2023, publicly listed mining companies have spent a total of $2 billion on hardware upgrades. The report explains that the lifespan of crypto mining hardware typically averages 3-5 years and must be upgraded regularly to maintain profitability. Additionally, crypto companies are shifting from equity financing to debt financing.Regarding the PP&E expenditures of mining companies in November 2024, Bitfarms signed a miner hosting agreement with Stronghold on November 1, which includes terms for hosting an additional 10,000 Bitcoin mining devices at its facility in Pennsylvania. Around the same time, CleanSpark, a company focused on renewable Bitcoin mining, announced plans to build 400 megawatts of mining infrastructure after acquiring mining company GRIID in October 2024. On November 11, Hive Digital purchased 6,500 application-specific integrated circuits (ASICs) for the company's upcoming facility in Paraguay.

ChainCatcher news, according to Cointelegraph, the private market trading platform SecondLane has listed the equity of the memecoin issuance protocol Pump.fun at a fully diluted valuation (FDV) of $1.5 billion, and has listed 1% equity of Pump.fun at a price of $15 million.

ChainCatcher news, Uniswap's monthly trading volume in November reached $38 billion, an increase of nearly 50% compared to October, breaking the previous record of $34 billion. Arbitrum contributed the most, reaching $19.5 billion. Uniswap's total fees amounted to $5.44 million, ranking sixth among DeFi protocols. Its token UNI surged over 44% this week, with a market capitalization of $7.7 billion, reflecting the recovery of DeFi and increased on-chain activity.

ChainCatcher news, Standard Chartered Bank and Zodia Markets analysts predict that the adoption rate of stablecoins will significantly increase, potentially accounting for 10% of U.S. M2 transactions in the future.Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, and Nick Philpott, Co-founder of Zodia Markets, stated in the report: "Currently, the scale of stablecoins is only equivalent to 1% of U.S. M2 transactions and 1% of foreign exchange transactions, but as the industry becomes legitimized, reaching 10% on every metric is feasible."The M2 money supply is a key indicator of the total money supply in an economy, including all currency in circulation and other assets that can be easily converted to cash.

ChainCatcher news, according to CryptoSlate, a report by Standard Chartered Bank indicates that stablecoins are shifting from their initial use in cryptocurrency exchanges to a broader application in global finance. Research shows that stablecoins are increasingly being used for purposes similar to traditional finance, such as dollar savings and trading, as well as facilitating cross-border payments.The report also notes that the market capitalization of stablecoins is currently $163 billion, which, while small compared to the overall financial market, still has significant growth potential.

According to ChainCatcher news, monitored by Trader T, most U.S. stock crypto concept stocks are up in pre-market trading, with the T-Rex 2X Long MSTR Daily Target ETF soaring 12%, iShares Bitcoin Trust rising 1.8%, MicroStrategy up 1.5%, Riot Platforms up 2.4%, CleanSpark up 2.2%, Marathon Digital Holdings slightly up 0.04%, and Coinbase down 1.2%.

ChainCatcher news, top trader Eugene posted on platform X reviewing his trading experience in November. Eugene stated that he executed a total of 70 trades in November, with a win rate of 75%. The number of trades, win rate, and profits were all personal bests. However, even so, he almost completely missed the market movements of BTC, DOGE, XRP, and ADA.Regarding future market trends, Eugene expects that the market will remain in PvP mode until Bitcoin breaks through $100,000. He anticipates that ETH and SOL will have outstanding moments, and higher-risk tokens will follow suit.Ideally, Bitcoin should not drop below $85,000, as that would be catastrophic for the overall risk situation of the market.

ChainCatcher news, Hong Kong stock market data shows that as of the market close, the trading volume of 6 Hong Kong virtual asset ETFs today was approximately 40.58 million HKD.Among them:Huaxia Bitcoin ETF (3042.HK) had a trading volume of 13.58 million HKD;Huaxia Ethereum ETF (3046.HK) had a trading volume of 12.46 million HKD;Harvest Bitcoin ETF (3439.HK) had a trading volume of 2.31 million HKD;Harvest Ethereum ETF (3179.HK) had a trading volume of 1.76 million HKD;Bosera HashKey Bitcoin ETF (3008.HK) had a trading volume of 6.49 million HKD;Bosera HashKey Ethereum ETF (3009.HK) had a trading volume of 3.98 million HKD.

ChainCatcher news, Hong Kong Legislative Council member (Financial Services Sector) Lee Wai-hung proposed the motion "Promoting High-Quality Development and Building a Financial Power" at the Legislative Council meeting yesterday (November 27) and it was passed.It is reported that the motion mainly revolves around six strong key core elements, and aims to achieve the goal of a strong financial sector through the development of "five major areas" including technology finance, green finance, inclusive finance, pension finance, and digital finance. In terms of digital finance, he suggested allowing retail investors to participate in more types of virtual asset trading in different currencies, as well as expediting the approval process for license upgrades by the Securities and Futures Commission.He also believes that Hong Kong could explore establishing a Hong Kong version of the ESG certification system to assist domestic enterprises in making ESG reports that meet international standards.

ChainCatcher news, Base ecosystem AI agent Clanker tweeted that it has completed its first contract upgrade and will conduct a second upgrade on November 9, while user profit-sharing claims will begin on December 4.The official statement indicates that when Clanker deploys tokens, a Uniswap V3 pool with a 1% fee will be launched on Base. Each time a token is traded, 1% of each swap in that pool will be collected and distributed as rewards, with 60% of the swap fees allocated to the protocol party (Clanker) and 40% allocated to the requester (the user requesting Clanker to deploy tokens). The profit-sharing ratio for tokens deployed before November 14, 2024, will be 75% and 25%.

ChainCatcher news, according to the official announcement, OKX will delist the GFT margin trading pair and perpetual futures.Perpetual contract trading: GFTUSDT will be delisted on December 3, 2024, at 4:00 PM (UTC+8);Margin trading and spot lending: GFT/USDT will be delisted from 2:00 PM to 4:00 PM (UTC+8) on December 2, 2024.

ChainCatcher message, the whale that previously made a profit of 15.69 million dollars from two BTC swings, re-entered 11 hours ago, spending 53.65 million dollars to buy 553.3 WBTC at an average price of 96,966 dollars.

ChainCatcher news, Coinbase Assets announced on platform X that Coinbase has opened PEPE trading to users in New York State.New York residents can now purchase PEPE through its website, iOS, and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive, or store the related assets.

ChainCatcher news, according to Trader T's monitoring, BlackRock's IBIT pre-market trading volume today reached $169 million, with 54% being active buy orders and 36% being active sell orders.