โšช๏ธ Daily market news from Gate โ€“ November 17



๐Ÿ“ˆ Market Update
๐Ÿ”นBTC at $94,750, declining after testing higher levels (โˆ’0.52%)
๐Ÿ”นETH at $3,115, falling after failing to hold resistance (โˆ’1.03%)

๐ŸŒ Project News
๐Ÿ”นAmboss & Voltage offer yields for BTC and stablecoins
๐Ÿ”นAvalanche surpasses BNB in RWA value
๐Ÿ”นBalancer hackers laundered 2,000 ETH
๐Ÿ”นCharles Hoskinson (Cardano) declares a "Gigachad bullrun"
๐Ÿ”นHyperliquid launches HIP 3 โ€“ permissionless perps
๐Ÿ”นMIRO โ€“ autonomous payments
๐Ÿ”นMulticoin invests in Ethena (ENA)
๐Ÿ”นRipple is preparing a large XRP airdrop
๐Ÿ”นShiba Inu hints at something new
๐Ÿ”นVeChain updates the VTHO tokenomics
๐Ÿ”นYala resolves the liquidity crisis

๐Ÿง  Macro news
๐Ÿ”นAI determines the likelihood of Bitcoin record updates in 2025.
๐Ÿ”นBitcoin is approaching the "death cross" โ€” testing a historical pattern
๐Ÿ”นThe BLS labor market report will be released on November 20 amid uncertainty regarding the Fed's rates.
๐Ÿ”นThe Fear and Greed Index of the crypto market is falling into "Extreme Fear" ( rating 10)
๐Ÿ”นIran is using cryptocurrency to bypass US/UN sanctions.
๐Ÿ”นJapan plans to reform cryptocurrency taxation โ€” the classification of 105 tokens will be revised.
๐Ÿ”นStablecoins have decreased for the second consecutive week โ€” outflow of 1.2 billion $

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