GM. Welcome back to BitPinas Key Points: crypto news in concise formats for easy reading. In today’s daily recap: a selection of top crypto news for the day.

Plus the latest crypto news stories in the last 24 hours.

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Market Analysis and Updates 📈

Here are the crypto highlights of the day:

Crypto Price Update

• Bitcoin (BTC): $99,461.03, up 2.2% over the last 24 hours.
• Ethereum (ETH): $3,385.40, up 8.2% over the last 24 hours.
• Solana (SOL): $260.69, up 7.9% vs the previous day.

Trending Coins Update

• Mode: $0.01711, up 27.1% vs the previous day.
• MAD: $0.00005, up 78.6% over the last 24 hours.
• Bitcoin SV: $68.33, down 11.2% vs the previous day.

For the daily price update, check out our post on Facebook.

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ONGOING: YGG PLAY SUMMIT

YGG Play Summit is underway at SM Aura in BGC:

• Nov. 22: Gamer Expo: Members of the wider YGG community and partners will be showcasing web3 games.
• Nov. 23: Gamer Expo continues as well as the showcase for the GAM3 Awards.

To learn more, check out the agenda on the YGG Page.

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Crypto News Selection

Bitcoin Nears $100,000

Bitcoin has been on a tear recently, and it’s now closer than ever to the $100,000 mark. ^{This surge is fueled by optimism around potential crypto regulations under a Trump administration.}

Cardano Surges

Cardano has seen a significant price increase, driven by positive on-chain metrics and bullish sentiment.

MicroStrategy’s Market Cap

MicroStrategy, a major Bitcoin holder, has broken into the top 100 US public companies by market cap.

Solana’s Recovery

Solana has recently broken its all-time high on Coinbase, marking a significant recovery after the FTX collapse.

US SEC Chair’s Resignation

The resignation of SEC Chair Gary Gensler has sparked speculation about potential changes in crypto regulation.

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Philippine Crypto News 🇵🇭

• Coins.ph listed the token $SHORK.
• YGG Onchain Guilds will launch on Base.
• BitPinas article: UBX is set to launch a multi-currency stablecoin exchange.

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Noteworthy 🌟

Key updates and announcements from around the crypto and blockchain world:

• Coinbase is delisting Wrapped Bitcoin (wBTC) by December 19, citing listing standards.
• BlackRock’s iShares Bitcoin Trust (IBIT) recorded an unprecedented $1.9 billion in notional exposure on its first day, driving Bitcoin to an all-time high of $93,900.
• Shaquille O’Neal will pay $11 million to settle a lawsuit over promoting Solana-based Astrals NFTs, accused of being unregistered securities.

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Educational Corner 🎓

• Not just Hamster Kombat. Check out the November update for the list of 30+ games with potential airdrop.

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Regulation Watch 📜

Stay informed about the latest regulatory updates and what they mean for you:

• South Korea plans to implement a 20% cryptocurrency gains tax in 2025 while raising the exemption threshold significantly.
• President-elect Donald Trump is considering Teresa Goody Guillén, a blockchain attorney and former SEC lawyer, to lead the SEC. 
• President-elect Trump is also considering Howard Lutnick, CEO of Cantor Fitzgerald and a supporter of crypto, for Secretary of Commerce.

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Meet Kookoo CryptoTV: He is widely known in the Philippine web3 and blockchain gaming space.

• He is a content creator and influencer.
• Kookoo Crypto TV shares insights, tips, and tutorials on blockchain games, Play-to-Earn opportunities, and other blockchain-related topics through his YouTube channel and other social media platforms.
• In 2022, his life story was featured by video content creator Nas Daily, who at that time announced their partnership with the Kookoo CryptoTV.
• He also appeared as a guest on the BitPinas Webcast.
• He is also active is speaking in various web3 events.
• In 2023, Kookoo also collaborated with MetaSports and Coins.ph to bridge web2 and web3. 

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More Web3 and AI News 💡

Discover the latest in web3 and AI innovation.

• Woo X added “George AI,” an AI trader, to its copy trading app, enabling users to emulate machine-driven trades. 
• CryptoPunks has seen its value more than double recently, with the cheapest trading at $112,000, bringing its market value to over $1.6 billion.
• Injective launched the iAgent SDK, allowing users to create on-chain AI agents using OpenAI’s ChatGPT and other large language models. 

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The future of web3 is gaming, and here are the latest news.

• Immutable and Yield Guild Games (YGG) launched a $1 million player rewards initiative to boost engagement in web3 gaming. 
• Axie Infinity’s “Wings of Nightmare” event launches today, allowing players to evolve Axies with rare Nightmare parts for rewards. 
• Helika and Notcoin launched the Telegram Gaming Accelerator (TGA), offering game developers free tools, mentorship, and access to Telegram’s massive user base. 

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Event Announcements 📅

Don’t Miss Out: Upcoming events, webinars, and meetups in the crypto space in the Philippines!

Happening today:

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Stay Connected:

We’d love to hear from you! Reply with your thoughts or questions.

This article is published on BitPinas: Bitcoin Nears $100K | Key Points | Nov. 22, 2024