From the perception that Bitcoin could hit the $500,000 region in 2026 to LINK being the most traded token in the top 1,000 Ethereum wallets. Here are some highlights from the crypto market.

Bitcoin News

ARK Invest CEO Cathie Wood appeared on Barron's Wednesday. During the interview, Wood mentioned her expectations for Bitcoin and what she believes will help drive the digital asset market. In particular, the first is that institutional investors are increasing their participation in the market.

According to Wood, many institutional investors have increased their stakes in the digital asset market. The inflow of money into the space this year has now broken the record of 2020. Total assets under management for Bitcoin quickly surged and are now at a record high, at $56 billion, according to a new report. CoinShares best. This momentum is what will propel Bitcoin to the $500,000 mark, she said.

Despite the rapid pace of investment from institutional investors, it is estimated that less than 5% of their assets are allocated to Bitcoin. However, the trend is up, and Wood explained that, if institutional investors move to Bitcoin and allocate 5% of their portfolios to the market, Bitcoin will hit $560,000 by 2026, according to the report. current investment trends.

Binance Smart Chain News

According to the recent announcement, Binance Smart Chain will conduct a hard fork of Bruno at around 15:00 on November 30 (UTC). This upgrade will integrate a very important mechanism, called BEP-95.

BEP-95 is a proposal to burn BNB as a gas fee of Binance Smart Chain, to create deflationary pressure on BNB price, similar to Ethereum's EIP-1559.

Binance shared, the reason behind this move is to help BNB's tokenization speed up the deflation process. On the side of validators, the amount of money they receive will be less, but in general, the decrease in supply will help the value of BNB in ​​the market increase.

MonoX Finance News

After the end of the NGL sale, Huobi continued to bring another project to Primelist, this time MONO.

MonoX is a multi-layer, multi-chain DEX that helps to address capital inefficiencies created by liquidity pairs, using a “single token pool” model.

MonoX is being supported by many investment funds, including: Shima Capital, GenBlock Capital, Yuobi Capital, AXIA8 Ventures, Divergence Ventures, Krypital Group, LD Capital...

There are 2 ways for users to join Primelist. Option 1: Register for universal queue (no need to hold HT). Method 2: Hold HT. Each user can only choose one method to join and cannot change the selected method after registration is complete.

News Cardano

Bitstamp, Europe's largest cryptocurrency exchange by trading volume, said on November 18 that it is preparing to welcome ADA on its platform.

In the official announcement, Bitstamp started by giving an overview of Cardano and ADA to its users.

Cardano is considered as the third generation blockchain, after Bitcoin and Ethereum. The project is designed to be a decentralized application (DApp) development platform with a multi-asset ledger and verifiable smart contracts.

News Chainlink

According to tracking service WhaleStats, Chainlink (LINK) became the most traded cryptocurrency among the 1,000 largest Ethereum wallets, with a total token trading volume of around $2 million.

In the past 24 hours, whales have chosen to trade LINK more than other famous tokens such as SHIB, CRO, OKB… According to the holdings ranking, Chainlink is still in sixth place, with $380 million worth of LINK holdings. in the whale's wallet.

News Illuvium

Polemos, the P2E gaming association specializing in NFT games, has raised $2 million in a strategic funding round to focus on Illuvium, the company's open-world role-playing game. me.

Coming out as open beta in Q1 2022, Illuvium is an open world RPG adventure game built on the Ethereum blockchain. Players collect creatures known as Illuvials as tradable NFTs.

On November 19, Polemos announced a funding round led by investment firm Delphi Digital and Framework Ventures. Other participants in this investment round include the founders of Sushi, Aave, 1inch Exchange…

News Quidd

Quidd, the marketplace for digital collectibles and a subsidiary of Animoca Brands, has raised a total of $5 million in an IDO pre-sale.

The token sale took place on Polkastarter on Nov. 18. Accordingly, 2 million QUIDD at $0.25/token were sold out in less than an hour, raising $500,000.

Earlier this month, the QUIDD token sale raised $4 million from investors including Binance Smart Chain Growth Fund, Genesis Block Ventures, Kingsway, Mind Fund Group Ltd, Sanctor Capital, OneFootball, and angel investors. is different.

News MatrixETF

MatrixETF introduced the MDF Liquidity Mining Program on Ethereum and Solana.

According to the announcement, MatrixETF will start a 5.5 million MDF Liquidity Mining Program (worth around $400,000) on both Ethereum and Solana.

This program will provide liquidity primarily to boost governance tokens and Index assets. There are 3 methods to mine liquidity on MatrixETF: Provide liquidity, participate in staking and Hold Index.

News NEO

Binance completed Neo N3 mainnet integration and opened Neo N3 mainnet NEO token deposit service. Users can find the specified Neo N3 sending address in the Neo Network section, in the Deposit Crypto section.

Withdrawal of Neo N3 mainnet NEO tokens will be opened as soon as possible. In addition to supporting deposit and withdrawal of Neo N3 mainnet NEO tokens, Binance will continue to support deposit and withdrawal of Neo Legacy NEO tokens.