Coinedition
Crypto industry donations surpass $200M, highlighting its growing impact on the 2024 U.S. presidential election campaigns. Donald Trump leads in crypto-backed donations, receiving substantial contributions from key industry figures and investors. Kamala Harris secures notable crypto funding, with Chris Larsen’s $11.7M donation showcasing strong industry support for her campaign.
XRP surged 320.13% in three months, with social dominance hitting 5.65%. The market cap stands at $128.53 billion, signaling strong investor interest. Analysts caution about euphoria-driven profit-taking by retail investors.
Glassnode’s data show a significant change in Bitcoin’s behavior. Bitcoin’s ROI and volatility are lower than those of previous cycles. Lower drawdowns and volatility reflect Bitcoin’s evolution into a more stable asset class.
ConsenSys’ survey shows 93% global crypto awareness, with major adoption in regions like Nigeria and South Africa. Data privacy concerns remain high, with 83% of respondents emphasizing the need for more control over their online identity. The survey highlights a shift toward Web3 ownership, with an increasing desire for decentralization in social media and banking systems.
JASMY holds $0.036 as strong support despite a 27.76% drop in trading volume. RSI at 57.48 shows neutral momentum whereas MACD hints at short-term bullish bias. Breaking the $0.042 resistance is key for JASMY to regain upward market momentum.
Render (RNDR) shows bullish momentum, breaking resistance with targets at $9.80 and $10. XRP sustains gains above $2.30 support, eyeing $2.50 and $2.60 resistance levels. Solana (SOL) maintains uptrend with $230 resistance whereby breakout may push toward $250.
Render (RNDR) leads the Crypto+AI space with a $4.61B market cap despite slight weekly dip. Fetch.ai (FET) faces volatility but maintains growth potential in AI and blockchain. Crypto+AI fundraising peaked in July 2024, with $130M raised, despite later slowdown.
Hyperliquid leads the perpetual token market with $14.3B FDV and strong growth. Jupiter, dYdX, and ApeX show solid performance and sustained market momentum. Emerging tokens like APX, WOO, and GMX exhibit promising growth potential.
Charles Hoskinson slammed Ethereum Researcher Justin Drake. Drake called out Cardano’s security model, claiming it puts users’ assets at risk. Hoskinson said that Cardano is built on Bitcoin’s decentralized model.
Microsoft’s BTC investment proposal faces uncertainty amid divided shareholder sentiments. Vanguard’s opposition may heavily influence Microsoft’s Bitcoin investment vote outcome. Uncertainty looms as 60% of shareholders remain unknown ahead of the December vote.
