Loading...
[2 New Addresses Withdraw 957,000 LINK from Binance 9 Hours Ago] On November 11, monitoring data shows that 2 new wallets withdrew 957,000 LINK (approximately $1.58 million) from Binance 9 hours ago. Over the past 4 days, these addresses have accumulated a total of 234,000 LINK (approximately $3.82 million).
[Sygnum: Altcoin ETFs May Be Approved in Bulk After U.S. Government Shutdown Ends] Swiss crypto banking group Sygnum stated that despite the market correction in October, institutional participation and demand catalysts remain at historic highs. Currently, at least 16 crypto ETF applications have been delayed due to the U.S. government shutdown. Sygnum believes that crypto staking ETFs could become a key catalyst for driving institutional demand. Over 80% of surveyed institutions expressed interest in crypto ETFs beyond Bitcoin and Ethereum, and 70% of institutions explicitly stated that if these ETFs offer staking yields, they would start investing or increase allocations. Sygnum expects that the U.S. SEC may approve altcoin ETFs in bulk after the government shutdown ends.
[Two new wallets accumulated approximately $3.82 million worth of LINK within 4 days] Monitoring data shows that about 9 hours ago, two newly created wallets withdrew 95,700 LINK from Binance, valued at approximately $1.58 million. Over the past 4 days, these two wallets have cumulatively withdrawn approximately 234,000 LINK, with a total value of about $3.82 million.
[DBS and JPMorgan Develop Tokenized Deposit Interoperability Framework] Singapore's DBS Bank has partnered with JPMorgan's Kinexys to develop an interoperability framework that supports tokenized deposit transfers between the blockchain ecosystems of the two institutions. This framework enables customers to conduct real-time transactions around the clock across public and permissioned blockchain networks, addressing interoperability and security risks. Customers using JPM deposit tokens built on Ethereum Layer 2 Base can interact with DBS token services operating on permissioned blockchains. Recently, BNY Mellon and major UK banks Barclays, Lloyds, and HSBC have also launched similar projects.
[Data: Bitcoin Open Interest Remains Sluggish] Glassnode stated that after the deleveraging wave in October, Bitcoin futures open interest has remained sluggish, with few signs of new speculative positions accumulating. Derivatives market activity has significantly declined, reflecting overall market sentiment remaining subdued.
Bitcoin prices rose 6.7%, surpassing $106000, after the US Senate passed a bill to end the government shutdown. (Cointelegraph)