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CZ: Czech National Bank's Digital Asset Pilot Portfolio May Need to Include BNB

2 hours ago

On November 13th, Binance's founder CZ made a post on social media, saying, "The CNB needs some BNB." Previously, it was reported that the Czech National Bank (CNB) announced the establishment of a $1 million digital asset experimental portfolio, including Bitcoin, a USD stablecoin, and tokenized deposits. It became the first central bank to purchase Bitcoin.
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CryptoQuant: Long-Term Bitcoin Holders have sold 815,000 BTC in the past 30 days, hitting a new high since January 2024

On November 13th, CryptoQuant stated in a post that "Bitcoin long-term holders are increasing the selling of BTC. Approximately 815,000 BTC have been sold in the past 30 days, reaching a new high since January 2024. As demand contracts, the selling pressure is putting downward pressure on the price."

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A whale deposited 52.5 million BANK to Bitget 1 hour ago, equivalent to around $3.36 million

On November 13th, as monitored by LookOnChain, Whale 0xdc17 deposited 52.5 million BANK tokens (equivalent to 3.36 million USD) into Bitget just one hour ago.

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Public Acquires Alto's Cryptocurrency Business for $65 Million

On November 13th, the investment app Public acquired the cryptocurrency IRA provider Alto's cryptocurrency business for $65 million in cash and stock. Public is scheduled to fully integrate Alto's cryptocurrency accounts by 2026. During this process, Alto will continue to operate as a service provider. In addition, Alto will also continue to independently manage its other businesses, such as private credit and venture capital investment projects.

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dYdX Community Votes to Approve Proposal for "Allocating 75% of Protocol Earnings to DYDX Buyback"

On November 13th, the dYdX Foundation made an announcement. It stated that the dYdX community had voted in favor of the "Allocate 75% of Protocol Fees to DYDX Buyback" proposal. Commencing from today, 75% of the protocol fees will be allocated for DYDX buyback, which is an increase from the previous 25%.

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XRPC Transaction Goes Live, Reaching $26 Million in Transaction Volume within 30 Minutes

On November 13th, Bloomberg ETF analyst Eric Balchunas sent out a tweet stating, "In the first 30 minutes of XRPC's trading going live, the trading volume reached $26 million, which is significantly higher than my earlier prediction of $17 million. It is highly probable that it will break the record of the $57 million first-day trading volume set by BSOL and become the ETF with the highest first-day trading volume among all new launches this year."

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Michael Saylor: Bitcoin Market Cap Will Surpass Gold by 2035

On November 13th, the founder of Strategy, Michael Saylor, stated in an interview: "I have no doubt that by 2035, Bitcoin will become an asset class that is larger than gold."

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