Hakan Ateşler 
Vitalik Buterin, one of the founders of Ethereum, thanked the meme coin creators again. While Buterin stated that he transferred the meme coins sent to his account to donations and charities, he also thanked the Moodeng and Ebull projects that sent him 10 billion tokens from the X account.
The meme coin fury in 2024 is still going on even though the end of the year is approaching. While traders continue to make serious profits and gains on meme coins, an investor earned $4.3 million in 1 month from the coin called POPCAT.
The Japan-based investment firm once again bought Bitcoin. With its $6.9 million purchase, the company increased the number of BTC in its hands to 639. After the purchase announcement, company shares also increased by more than 10%.
Cryptocurrency funds closed last week with a net loss of $159 million. Bitcoin funds were at the top in outflows as well as inflows. While Ether funds also sold, altcoin funds closed the week largely positive.
Elon Musk, known for his support for Donald Trump in the US presidential elections, attended Trump’s rally in Pennsylvania yesterday, where Trump survived an assassination attempt months ago. After Musk’s speech, Trump moved ahead of Kamala Harris in polls and betting sites.
Bitcoin, which fell below $60,000 in Iran-Israel tensions last week, started to rise as of yesterday evening. The largest cryptocurrency rose above $63,900 early this morning and started to push the $64,000 limit.
The Binance exchange published an important report on Real World Assets (GDVs-RWAs). Emphasising the interest shown in GDVs by traditional finance players such as BlackRock and Franklin Templeton, the report said, ‘Looking ahead, the macroeconomic environment is expected to play an important role in shaping the future of GDVs. The recently announced US interest rate cuts may have a significant impact on tokenised US Treasury products that grow in a high yield environment.’
Non-farm payrolls in the US was announced as 254 thousand. The expectation was 150 thousand. The unemployment rate, which was expected to be 4.2%, was announced as 4.1%. After the announcement, gold fell, while Bitcoin remained stable. There is a 0.5% increase in the dollar index.
Coinbase, one of the world’s largest cryptocurrency exchanges, will not use stablecoins that are not covered by MiCA in its services in the European Economic Area. The ban will start on December 30th.
While the whole world is locked in the hot developments in the Middle East, there is 1 month left for the US elections. While the November 5 elections are eagerly awaited by the crypto world, Pantera Capital, known for its investments in blockchain, is hopeful about this period, which will determine who will lead the world’s largest economy.