In this episode of the Fere AI Daily Crypto Market Report, we provide comprehensive crypto research, news, and trading insights, highlighting the weekend’s biggest moves. Bitcoin surged to a new all-time high of $80,076, driven by optimism following Donald Trump’s US presidential victory, while Ethereum also spiked to $3,200, now surpassing Bank of America’s market cap. This growth underscores the expanding influence of blockchain and DeFi in traditional finance. Memecoins were another hot topic, with tokens like $HMSTR, $MAO, and $BEAK showing significant gains, suggesting a shift in sentiment toward riskier assets. Security, however, remains a concern; a recent Kraken account hijack attempt with a rubber mask is a stark reminder of the need for robust measures like 2FA. We dive into news highlights, including Texas’ push to become a global crypto hub, and FTX’s legal battles as it files 25 lawsuits to recover funds. On a positive note, Jito Labs achieved $78.92 million in MEV fees in October, and Magic Eden launched its ME token airdrop, sparking excitement across the community. In Degen Alpha, tokens such as $HMSTR, $MAO, $BEAK, $NEIRO, and the upcoming $Fetti (launching November 11) showed impressive gains, drawing attention for their innovative models like MEGA POTs for hourly wins. Patterns point to a bullish trend in memecoins, a strong Solana ecosystem, and growing institutional interest as evidenced by DWF Labs’ recent $HMSTR withdrawals. Yet, regulatory uncertainty and ongoing security threats, like the Kraken hijack attempt, remind us of the need for caution in this rapidly evolving space. With Fere AI as your trusted companion, we’ll keep you updated on all the latest crypto trends and insights. Stay tuned for more from the dynamic world of crypto, and remember to stay safe, stay informed, and stay degen!