Here's your Monday industry catch-up 📰

Crypto & Blockchain Update: November 11-17

📈Market Highlights

- Bitcoin is now at $92,000 with 13% increase in price over last week
- Ethereum sitting at $3,100 with 0.1% decrease in last 7 days
- Last week’s top 3 gainers were PNUT (+340%), OM (+206%), and XLM (+124%); while top 3 losers were NEIRO (-11%), FET (-10%), and HNT (-9%)
- Crypto market’s Fear & Greed Index is at 84 Extreme Greed today
- XRP price hits 3-year high
- NFT weekly sales increase 94% compared to previous week as market continues a bullish run

🌐Blockchain Tech & Gaming

- Tether launches Hadron, a tokenization platform for digital and real-world assets, amid a general surge in RWA tokenization
- Chainlink introduces Chainlink Runtime Environment framework as they aim to bring traditional finance on-chain
- Telegram game Major to release its token on TON in November along with an airdrop
- PancakeSwap launches Telegram Swap Bot for crypto trading access

📃Regulatory Updates

- Dutch fintech company Quantoz to launch 2 stablecoins, EURQ and USDQ, compliant with MiCA, in partnership with Tether and Kraken on November 18th
- BlackRock receives license to operate in Abu Dhabi, focusing on AI and private markets
- Australia’s RBA Governor dismisses crypto’s financial role and importance in country’s economy
- 18 states sue SEC and its chairman Gary Gensler over crypto regulatory overreach
- Italy downgrades plans to hike crypto tax from 42% to 28%
- Pennsylvania lawmakers introduce a bill for strategic Bitcoin reserve to hold up to 10% in $BTC in its balance sheet
- SEC approves Coincheck as the first Japanese crypto exchange on NASDAQ

💰Investments & Partnerships

- https://t.co/wu5GpcRovT has acquired brokerage firm Fintek Securities to expand its services in Australia
- Goldman Sachs increases its Bitcoin ETF holdings to $710 million, becoming 2nd largest holder of IBIT
- McDonald’s partners with Doodles for holiday season collector cups campaign starting November 18th
- Bitwise acquires Ethereum staking firm Attestant Limited to build out Bitwise OS, an on-chain product suite for digital asset investors
- Coinbase acquires on-chain payments platform Utopia

🗞️Miscellaneous

- Michael Saylor predicts $100,000 $BTC price before 2025
- Ether ($ETH) dropped below its 8-year support level against Bitcoin ($BTC), leading analysts to claim its “dying a slow death”
- RFK Jr states “I put most of my wealth into Bitcoin, so I’m fully committed”
- Polish presidential candidate, Slawomir Mentzen, vows to create a strategic Bitcoin reserve if elected
- Trump’s World Liberty Financial to integrate Chainlink’s ($LINK) oracle service
- VanEck predicts Bitcoin will hit $180,000 price in 2025 and odds are favoring a Solana ETF
- FBI raided the home of Polymarket CEO Shayne Coplan

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Have a successful new week ahead!🤝
- Swapin Team