Market
Tokenization
Avalanche Foundation’s memecoin acquisition plan prompts 200% rally in meme token prices
Avalanche Foundation's intent to purchase memecoins have spurred the value of these assets on its blockchain.
Exchanges
OKX delisting triggers price fall for privacy coins Zcash and Monero
Observers suggested that the move might be part of the exchange's regulatory compliance efforts.
AI
Musk claims Tesla developing efficient ‘mini AGI’ for self-driving car future
Elon musk revealed that the electric carmaker was accelerating its full self-driving cars with mini AGI development.
Bankruptcy
FTX faces backlash after proposed estimation of customers’ Bitcoin at $16k
FTX debtors argue that its estimate reflects the "fair and reasonable" prices of these cryptocurrencies.
Analysis
Bitcoin SV surges with 50% jump amid broader Bitcoin forks uptrend
South Korean traders drove Bitcoin SV's price charge to reach YTD high.
Tokenization
PancakeSwap’s CAKE token jumps 10% as proposal gains traction to practically half the max token supply
PancakeSwap's team explained that the token reduction will help the project gain market share.
Investments
Cathie Wood’s ARK exits Grayscale GBTC entirely as spot ETF anticipation rises
Ark Invest has been actively involved in trading activities that has impacted its Bitcoin-related holdings.
Investments
MicroStrategy’s Bitcoin holdings nearing that of the U.S. government
MicroStrategy's Bitcoin accumulation strategy has culminated in an unrealized profit of over $2.2 billion so far.
Stablecoins
Hong Kong lawmaker raises concerns over proposed stablecoin regulations
Legislative Council member Johnny Ng has raised concerns over Hong Kong's new stablecoin licensing rules.
ETF
Hashdex meets with SEC Chair’s office following Bitcoin ETF proposal
In a rare move, Hashdex secures meeting with SEC Chair's office over Bitcoin ETF.
ETF
Grayscale amends ETF strategy to meet SEC cash-only redemption demands
The asset manager's new SEC-compliant ETF structure excludes airdrops and forks.
Investments
Grayscale filing reveals board reshuffle as Barry Silbert exits
Grayscale said Mark Shifke, DCG's chief financial officer, will replace Silbert as chairman next year.