Andrew Man

Bitcoin's Institutional Appeal Skyrockets, Propels This Futures ETF To Peak Asset Holdings ProShares’ Bitcoin Strategy ETF (BITO) reported $1.47 billion in assets under management in this week, breaking 2021 records. BITO average trading volume at $160 million takes it to top 5% of all U.S. ETFs. Ref: benzinga

Shiba Inu Burn Rate Explodes 499,416%, Can This Send SHIB To $0.1? The Shiba Inu community burn has marked a rather historic moment with the amount of tokens that have been burned in the last day. According to data from the burn tracking website Shibburn, the initiative may have just set a new record after the burn rate jumped 499,416%. Source: bitcoinist

Solana Competitor Explodes Over 110% in Two Weeks Amid New Investment From USDC Issuer Circle A Solana (SOL) competitor is suddenly soaring amid news that stablecoin issuer Circle (USDC) is investing in the blockchain project. The Sei Network (SEI), the new layer-1 blockchain that claims to be a blockchain faster than Solana, reached a high of $0.250 after the Circle announcement, a more than 110% increase from its value of $0.118 on November 10th. Circle said they were investing in the SEI network to expand use cases for USDC, its dollar-pegged digital asset. Source detail at: dailyhodl.com/2023/11/25/sol…

As ‘Decels’ Rise, Meta Dissolves Its Responsible AI Team. As calls to slow development of artificial intelligence to ensure safety grow louder, Meta is broadening its efforts. Source: decrypt

Inflation fever breaks in this week. Financial markets have finally decided that a two-and-a-half-year bout with inflation is winding down. The question now is whether voters who will determine the next US president agree. Source: Yahoo Finance

Ripple Executive Flags Gary Gensler’s Speech, Highlights SEC’s Shortcomings. Ripple’s Chief Legal Officer Stuart Alderoty has pointed out loopholes in Gary Gensler’s speech at the 2023 Securities Enforcement Forum referring to the Securities and Exchange Commission’s (SEC).

Bitcoin Could Reach $45K by Year-End, Analyst Says. Options market positioning and dovish Fed expectations indicate the path of least resistance is on the higher side. Source: CoinDesk

Linkury -