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Michael Van De Poppe identifies PEAQ, Wormhole, and Ether.Fi as top altcoins to watch while Derivatives tokens surge on Hyperliquid’s success.
The tokenization of real-world assets (RWAs) could eventually bridge trillions of dollars from traditional finance into blockchain ecosystems, according to new research from Web3 investment firm Animoca Brands.
Blockchain interoperability protocol LayerZero has finalized a $110 million acquisition of cross-chain platform Stargate, following an intense, last-minute bidding battle that drew rare multi-protocol competition in the DeFi space.
Japan’s Finance Minister Katsunobu Kato has signaled a supportive stance toward cryptocurrencies, recognizing their role in modern investment strategies despite their volatility.
The U.S. Securities and Exchange Commission has delayed decisions on the Canary spot PENGU ETF and the Grayscale spot Cardano ETF. This marks another pause in the approval process for U.S. exchange-traded funds that provide direct exposure to cryptocurrency prices. The applications aim to expand mainstream participation in crypto investing. However, regulators have chosen to … <a href="https://beincrypto.com/sec-delays-crypto-etfs-decision/">Continued</a>
Share link:In this post: Elon Musk’s xAI sued Apple and OpenAI for allegedly colluding to block AI competition in smartphones and app rankings. The lawsuit says Apple boosts ChatGPT on its devices while suppressing rivals like xAI’s Grok in the App Store. Sam Altman and OpenAI deny wrongdoing and accuse Elon of harassment and manipulation through X.
- 22:14Ripple co-founder Chris Larsen's net worth soars to $15 billionJinse Finance reported that as the US government and Wall Street have become more accepting of cryptocurrencies, Ripple co-founder and chairman Chris Larsen's wealth has soared to approximately $15 billion. In August this year, the US Securities and Exchange Commission (SEC) ended its five-year lawsuit against Ripple. This week, investors including funds associated with Fortress Investment Group and Citadel Securities injected $500 million into Ripple, bringing the company's valuation to $40 billion.
- 21:35The US Dollar Index fell by 0.47%, closing at 99.735.According to ChainCatcher, citing Jinse Finance, the US Dollar Index, which measures the dollar against six major currencies, fell by 0.47% on the day, closing at 99.735 in the late foreign exchange market. 1 euro exchanged for 1.1544 US dollars, higher than the previous trading day's 1.1486 US dollars; 1 pound exchanged for 1.3132 US dollars, higher than the previous trading day's 1.3047 US dollars; 1 US dollar exchanged for 153.14 Japanese yen, lower than the previous trading day's 154.11 yen; 1 US dollar exchanged for 0.8066 Swiss francs, lower than the previous trading day's 0.8104 Swiss francs; 1 US dollar exchanged for 1.4113 Canadian dollars, basically unchanged from the previous trading day; 1 US dollar exchanged for 9.5682 Swedish krona, higher than the previous trading day's 9.5654 krona.
- 21:21All three major U.S. stock indexes closed lower.Jinse Finance reported that all three major U.S. stock indexes closed lower, with the Nasdaq down 1.9%, the S&P 500 Index down 1.12%, and the Dow Jones down 0.84%. Major technology stocks generally declined: Nvidia and Tesla fell more than 3%, Intel, Amazon, and Meta dropped more than 2%, Microsoft fell more than 1%, while Netflix and Apple saw slight declines; Google rose slightly. Notably, Microsoft has fallen for seven consecutive trading days, marking its longest losing streak since 2022. Robinhood dropped nearly 11%, marking its worst single-day performance since March.