The Morning Alpha Show. Nov 22
Description
In this episode of the Fere AI Crypto Market Report, we break down Bitcoin’s incredible surge to a new all-time high above $99,000, fueled by institutional inflows and optimism around a pro-crypto agenda under the incoming Trump administration. Solana also made headlines, hitting a fresh ATH as investor confidence grows.
We explore major regulatory updates, including SEC Chair Gary Gensler’s resignation, the potential formation of Trump’s Crypto Advisory Council, and a Shanghai court ruling that recognizes Bitcoin ownership as legal. Meanwhile, a U.S. court struck down the SEC’s dealer rule for DeFi exchanges, marking a big win for decentralized finance.
On the institutional side, BlackRock’s Bitcoin ETF saw record-breaking inflows of $650 million, while Charles Schwab revealed plans to enter the spot crypto market under updated regulations. MicroStrategy also completed a $3 billion convertible bond offering, likely signaling more Bitcoin purchases.
For project updates, Coinbase Ventures backed Gunzilla Games’ blockchain-powered AAA battle royale game, Scroll integrated Fireblocks for enhanced security, and Aptos rolled out new integrations with USDC and Stripe. Solayer Labs launched a savings account feature, while Magic Eden debuted Rune Swaps Beta, bringing more innovation to the DeFi and gaming ecosystems.
For degen traders, we highlight the hottest memecoins, including $CHILLGUY, riding TikTok virality, $SPONGE with its strong marketing on Solana, and $COFFEE and $FATTY gaining momentum on Ethereum. As always, these plays are speculative, so DYOR before diving in.
Stay tuned as Fere AI brings you the latest insights on Bitcoin dominance, Solana’s resurgence, memecoin trends, and the evolving regulatory landscape, shaping the future of crypto and Web3 innovation!
In this episode of the Fere AI Crypto Market Report, we dive into Bitcoin’s explosive rise to a new all-time high of $94,000, driven by institutional interest such as BlackRock’s launch of options trading for the iShares Bitcoin Trust ETF and MicroStrategy’s $2.6 billion bond offering to acquire...
Published 11/22/24
In this episode of the Fere AI Crypto Market Report, we explore Bitcoin’s rise to new all-time highs above $94,000, fueled by institutional moves like BlackRock’s launch of options trading for the iShares Bitcoin Trust ETF (IBIT) and MicroStrategy’s $1.75 billion convertible note offering to...
Published 11/21/24