BITCOIN SURPASSED SILVER IN MARKET CAP

COINBASE APP RANKINGS:

*FINANCE: 3
*APPS: 44
*OVERALL: 50

*7 MONTH HIGH

NINETY THOUSAND UNITED STATES DOLLARS PER BITCOIN

Justin Drake proposes 'Beam Chain,' an Ethereum consensus layer redesign: link

*Beam Chain would target faster second block times, smaller validator stakes, "chain snarkifaction," such as zkVMs and, ultimately, making Ethereum post-quantum secure

+Justin drake confirmed BEAM CHAIN is not ETH 3.0

ETHEEEEEREEEEUMMMM by VitalikButerin

Reports: Updating Phantom wallet [reported on iOS] might wipe out your wallets if you don't have your seed phrases saved somewhere so yk just save the phrases first before updating ⚠️

*US OCT. CORE CPI RISES 3.3% Y/Y, EST. +3.3%

*OCT. CORE CPI RISES 0.3% M/M; EST. +0.3%
*OCT. CORE CPI RISES 3.3% Y/Y; EST. +3.3%

*US CPI MoM: 0.2% [Est. 0.2%]
*US CPI YoY: 2.6% [Est. 2.6%]

*US OCT. CONSUMER PRICES RISE 2.6% Y/Y, EST. +2.6%
*OCT. CONSUMER PRICES RISE 0.2% M/M, EST. +0.2%

DOLLAR INDEX $DXY HITS ONE YEAR HIGH

*BTC DOWN 4%
*COINBASE DOWN 15%
*MICROSTRATEGY DOWN 15%

FBI seizes Polymarket CEO’s phone, electronics after betting platform predicts Trump win according to sources: NYP

*Polymarket Investigated by DOJ for Allegedly Letting US Users Bet on Platform: BBG

POWELL: ECONOMY NOT SIGNALING A NEED FOR FED TO HURRY RATE CUTS

POWELL: IF DATA LET US GO SLOWER, SEEMS LIKE RIGHT THING TO DO

South Korea probes Upbit for 600K KYC violations containing accepting blurred IDs: link

*Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal.

TRADERS SEE JUST 50% CHANCE FED CUTS INTEREST RATES IN DECEMBER

FED'S COLLINS: I DON'T SEE A BIG URGENCY TO LOWER RATES, BUT I WANT TO PRESERVE A HEALTHY ECONOMY

EARLIER: FED’S COLLINS SAID DECEMBER RATE CUT ISN’T A ‘DONE DEAL’

Michael Saylor: I think saylortracker needs even more green dots

*BIDEN ALLOWS UKRAINE TO STRIKE RUSSIA WITH LONG-RANGE MISSILES: NYT

*EARLIER PUTIN SAID: "IF WESTERN MISSILES STRIKE RUSSIA THEN NATO IS IN DIRECT CONFLICT WITH RUSSIA"

KREMLIN: IF WESTERN WEAPONS ARE FIRED DEEP INTO RUSSIA, THIS WILL NOT BE UKRAINE DOING THE TARGETTING BUT THOSE COUNTRIES WHICH GAVE PERMISSION

Binance Futures Will Launch USDⓈ-Margined BANUSDT and AKTUSDT Perpetual Contract With up to 75x Leverage: link

The Week Ahead | @infinityhedge

LAST WEEKs US SPOT ETFs FLOWs:
*BTC: +$1.67B
*ETH: +$515M

Macro:
*SpaceX: The sixth flight test of Starship is targeted to launch on 19
*Nvidia Earnings on 20

Crypto:
*Nov 20: FTX co-founder Wang is set to be sentenced in a New York court.
*Nov 20: FTX's motion for a settlement with Caroline Ellison, seeking her assets for creditors, will be heard in court.
*Nov 20: Court hearing on 3AC's motion to amend its claim against FTX, seeking to increase the amount from $120M to $1.53B.
*Nov 20: Court hearing to approve FTX's $228M settlement with Bybit, allowing FTX to recover to $175M in digital assets and sell $53M in BIT tokens.
*Truth Terminal [GOAT] roadmap and official website to be released this week

Earnings/Charts/Articles ⬎

MicroStrateegy acquired about 51,780 bitcoins for ~$4.6 billion in cash between November 11, 2024 and November 17, 2024.

RUSSIA'S FOREIGN MINISTER: KYIV'S USE OF LONG-RANGE MISSILES TO ATTACK OUR TERRITORY WOULD MEAN DIRECT INVOLVEMENT OF US AND "ITS SATELLITES" IN HOSTILITIES AGAINST RUSSIA; IN THIS CASE RUSSIA'S RESPONSE WILL BE ADEQUATE AND TANGIBLE: MINISTRY

BLACKROCK'S SPOT BITCOIN ETF $IBIT OPTIONS WILL LIST AS SOON AS TOMORROW: ERIC BALCHUNAS

*OCC CONFIRMS IBIT OPTIONS TO LIST AND TRADE ON TUESDAY, NOV. 19: TheBlock