According to market information on November 1, the cryptocurrency market is showing an overall consolidation with frequent hotspots. On one hand, Bitcoin is oscillating at a critical position, and a large number of leveraged contracts have been liquidated; on the other hand, new narratives are emerging in the market, such as the activity within the BNB ecosystem, the entry of traditional well-known institutions, and the upcoming large-scale token unlock events.
The table below organizes some key dynamics that need to be focused on today, allowing you to quickly understand the core hotspots.
Category Hotspot Theme Core Content / Impact Analysis 🚀 Ecosystem Dynamics BNB Chain Ecosystem Activity The DEX trading volume of BNB Chain has significantly increased to 47%, surpassing Solana. Tokens within its ecosystem, such as Binance Life and VIRTUAL, have risen by 23.4% and 34.5% respectively within 24 hours. 🏛️ Institutions and Regulation Entry of Traditional Institutions & Advancement of U.S. Regulation Ferrari has signed a long-term partnership agreement with cryptocurrency exchange BingX. Meanwhile, the U.S. Congressional Committee is negotiating with the regulatory agency CFTC to prepare for expanding cryptocurrency regulatory authority next year. 💰 Token Unlock Large-scale Unlock in November It is estimated that tokens worth approximately $2.1 billion will be unlocked throughout November. Today (November 1), Sui (SUI) has approximately $58.23 million worth of tokens unlocked, which may increase its circulating supply #币安Launchpool上线KITE #巨鲸动向 #美联储降息 ETH
According to market information on November 1, the cryptocurrency market is showing an overall consolidation with frequent hotspots. On one hand, Bitcoin is oscillating at a critical position, and a large number of leveraged contracts have been liquidated; on the other hand, new narratives are emerging in the market, such as the activity within the BNB ecosystem, the entry of traditional well-known institutions, and the upcoming large-scale token unlock events.
The table below organizes some key dynamics that need to be focused on today, allowing you to quickly understand the core hotspots.
Category Hotspot Theme Core Content / Impact Analysis 🚀 Ecosystem Dynamics BNB Chain Ecosystem Activity The DEX trading volume of BNB Chain has significantly increased to 47%, surpassing Solana. Tokens within its ecosystem, such as Binance Life and VIRTUAL, have risen by 23.4% and 34.5% respectively within 24 hours. 🏛️ Institutions and Regulation Entry of Traditional Institutions & Advancement of U.S. Regulation Ferrari has signed a long-term partnership agreement with cryptocurrency exchange BingX. Meanwhile, the U.S. Congressional Committee is negotiating with the regulatory agency CFTC to prepare for expanding cryptocurrency regulatory authority next year. 💰 Token Unlock Large-scale Unlock in November It is estimated that tokens worth approximately $2.1 billion will be unlocked throughout November. Today (November 1), Sui (SUI) has approximately $58.23 million worth of tokens unlocked, which may increase its circulating supply #币安Launchpool上线KITE #巨鲸动向 #美联储降息 ETH
Weekly review post, dear ones, take three minutes to seriously look at it. Reviewing what happened in a week is also a systematic planning of our own thoughts. We cannot predict what has not happened, but we can look forward to the upcoming favorable news, such as the approval of the ETF for SOL and the Federal Reserve's second interest rate cut in October. Hopefully, the U.S. government can resolve the shutdown issue by the end of the month. This way, everything can return to normal. At this time, the market can't bring us down, and we will face challenges head-on, let's go! $BTC $BNB $SOL #美财政部比特币战略储备激增 #币安HODLer空投ZBT #加密市场回调 #美国银行业信贷风险 #美SEC推动加密创新监管
Weekly review post, dear ones, take three minutes to seriously look at it. Reviewing what happened in a week is also a systematic planning of our own thoughts. We cannot predict what has not happened, but we can look forward to the upcoming favorable news, such as the approval of the ETF for SOL and the Federal Reserve's second interest rate cut in October. Hopefully, the U.S. government can resolve the shutdown issue by the end of the month. This way, everything can return to normal. At this time, the market can't bring us down, and we will face challenges head-on, let's go! $BTC $BNB $SOL #美财政部比特币战略储备激增 #币安HODLer空投ZBT #加密市场回调 #美国银行业信贷风险 #美SEC推动加密创新监管