🚨A roundup of the hottest Crypto news from last night – get the market focus in just 1 minute!
1⃣ BTC, ETH, and SOL showed relatively strong performance, initially falling before rebounding to withstand selling pressure. US stock indices rose, but crypto-related stocks generally declined. Note that US stock markets were closed on the 27th.
2⃣ #MON has surged above 0.047 USDT, representing a more than 80% increase compared to the Coinbase public sale participation price. MON's rise feels like a bull market is on the horizon!
3⃣ A surge in the listing of US Altcoin spot ETFs is underway, with over 100 crypto ETFs potentially launching in the next six months. This seems like a signal only seen in a bull market.
4⃣ #Polymarket received approval from the US CFTC to amend its designation order, allowing it to enter the US market through intermediaries. This signifies a major step forward in the compliance of prediction platforms.
5⃣ The #vulgarpenguin and #BNBHolder suddenly went live on Binance Alpha, causing a short-term price surge, while #MEME on BSC recovered slightly.
6⃣ Sources: Hassett is the leading candidate to take over the Federal Reserve, potentially marking a historic turning point for the Fed. Hassett's policy ideas are highly aligned with Trump's.
7⃣ #IRYS has been listed on Binance Alpha, with a current market capitalization of $55 million. The price performance of this storage blockchain has been much worse than expected. Its popularity is also lower than anticipated.
8⃣ Multicoin Capital bought another 60,000 AAVE tokens, accumulating over $60 million in just half a month, with a paper loss of 13.5 million USDT. AAVE's price movement can only be described as normal.
9⃣ #Bitcoin's Sharpe ratio has fallen below 0, reaching its lowest level since the FTX crash. This usually accompanies a price reversal, but a "marked boat" pattern takes a long time to materialize before a reversal occurs.
🔟 #MegaETH's pre-deposit campaign failed due to a technical glitch, abandoning plans to expand fundraising to $1 billion. The community believes: Greedy.
Key Crypto Events of the Past 24 Hours! 1-Minute Overnight Market Overview | November 26th
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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