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Brace yourselves, Geckos!
We're in for a big week as all eyes are now on the upcoming elections. In today's news:
Read on! |
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24h Hot Searches Worldwide π₯ |
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Claim your free GeckoCon 2024 pass π« Join us in Bangkok or tune in online for GeckoCon 2024: Web3 Games Unleashed on November 11, 2024.
Redeem your free conference or virtual pass with just 300 Candies in the CoinGecko Candy Rewards Store! Don't miss your chance to hear from industry leaders at TON Foundation, Sky Mavis, Mocaverse, and more. |
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How Do CPI Announcements Affect Bitcoin Price? |
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Exploring Bitcoin's role as a hedge against inflation. How does it react to Consumer Price Index (CPI) announcements? Read more to find out. |
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Buckle up and get ready! CoinGecko's Virtual Meetup is back again! For Meetup #32, we'll be diving into Crypto X AI: When Worlds Collide!
Crypto X AI: When Worlds CollideWhat happens when you combine two sectors at the forefront of technology? In Crypto X AI: When Worlds Collide, we will be exploring how applications building at the intersection of crypto and AI are making waves across various verticals, such as DeFI, NFTs and DePIN. Join us as we dive into the latest developments from AI-based protocols and infrastructure as ΕΈ and Render Network, as well as the latest happenings and insights in the decentralized AI space. Date: Wednesday, 6 November 2024 Time: 08:00 AM EST (UTC -5) [Check your local time]
Tune in for our Virtual Meetup #32, featuring an exciting panel of speakers: Zhong Yang Chan, Head of Research, CoinGecko (Moderator) Teng Yan (Founder, Chain of Thought) Andrew Hyde (Head of Communications, Render Network Foundation) Synergy (AMA Host, YAI)
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The rise and fall of Peanut πΏ️ Almost anything can be memecoin these days. After Mark Longo's pet squirrel, Peanut, along with a raccoon named Fred, were seized and euthanized by authorities, the tragic case triggered a wave of outrage on social media.
Even Elon Musk chimed in, calling the government 'mindless' and 'heartless,' Unsurprisingly, the increased attention towards the story of Peanut resulted in developers launching several iterations of squirrel-based memecoins on Solana.
The most popular one, Peanut the Squirrel (PNUT), surged to a peak market cap of almost $120M and recorded over $300M in volume.
Creators also took the opportunity to launch raccoon-based memecoins inspired by Fred, but they all failed to reach the same level of popularity as PNUT. However, the price of PNUT has since fallen from its all-time high, causing its market cap to plunge by 52.9% from $119M to $56M today. |
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Wanted to explore exposure to the crypto market through equities? Here are the largest crypto-related stocks on the market. |
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A global dollar for a global economy π Stablecoin issuer Paxos has launched its latest stablecoin, Global Dollar (USDG). Similar to its other offerings, the stablecoin will be backed by US-dollar-denominated reserves and will comply with Singapore's latest stablecoin regulations.
The token will be issued by its Singaporean division, Paxos Digital Singapore, with support from DBS as the primary custodian and cash management partner. USDG will initially launch on Ethereum, and plans are already in motion to expand to other networks.
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The largest gainer of Q3 2024 among the top 300 cryptocurrencies by market cap on CoinGecko was memecoin SPX6900, with over 565% price growth over the quarter. Find out what other cryptocurrencies made the list. |
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In Other News... Polymarket US Election Odds Heating Up! Market volatility increased over the weekends ahead of the upcoming US Presidential election on Tuesday. Currently, users predict that Trump will have a small lead in winning the election over Harris. The House Didn't Win this Time. Crypto casino Metawin loses $4M through an exploit of its withdrawal system. Blockchain sleuth ZachXBT, tracked the stolen funds to 115 different wallet addresses, suggesting that the attack was sophisticated.
Avalanche Battle Royale Game a Hit! The third-person battle royale game "Off The Grid" quickly became the top free-to-play title on the Epic Games Store. Its success sets a precedent for upcoming blockchain games to prioritize a "game-first" approach.
Singapore Government Eyes Tokenized Financial Services. The Monetary Authority of Singapore (MAS) will introduce new measures to facilitate the implementation of tokenized services in response to the growing demand for tokenized assets in the financial sector.
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π¦Tell us what you think! We've just revamped our newsletter with a new and fresh format!
Whether you're a long-time subscriber or just passing by, do let us know if you like the changes and what we can improve on! |
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