Weekly Market Report. November 29, 2024

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November 29, 2024

Greetings, curious minds! Join us on a journey into the cutting-edge. This newsletter unveils the latest trends shaping our world.

Let’s explore together! 🌐🚀

🔥 Top Reads

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Price analysis 11/27: BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX, TON, SHIB 😲

Bitcoin’s pullback found support at $90,791 on Nov. 26, and the bulls pushed the price back above $96,000 on Nov. 27. BTC Markets head of finance and crypto analyst Charlie Sherry told Cointelegraph that “could be the ‘last flush’ before Bitcoin finally crosses $100K.”

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How Trump’s victory has divided the crypto community 🤔

Many in the crypto industry see President-elect Donald Trump’s victory in the 2024 United States elections as a watershed moment, largely thanks to the myriad promises Trump made on the campaign trail.

Charles Hoskinson, Cardano and Ethereum – for the record 🧐

Charles Hoskinson is arguably the best and worst thing about Cardano. Without him, of course, the chain would not exist — he’s driven its development over the past decade and claims he invested $450 million of his own funds into bootstrapping the network.

📈 Market Data

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🚨 Important News This Week

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AI

  • Crypto user convinces AI bot Freysa to transfer $47K prize pool
  • Here’s how AI reshapes the trading landscape for retail investors
  • SingularityNET partners with Mina for privacy-focused decentralized AI

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Tech

  • Apple said to be developing “LLM Siri” for conversational AI overhaul

  • How TikTok’s Trump Whisperer Changed Minds in Washington
  • BEU Ends Probes on Amazon, Starbucks, Fiat Tax Deals After Court Defeats

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Business

  • Retailers Brace for a Ho-Hum Christmas

  • Biden Rushes to Trump-Proof His Signature Energy, Chip Policies

  • Microsoft breakthrough signals quantum-exclusive future for blockchain mining

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Crypto

  • BTC price: $100K ‘in sight’ as open interest reset boosts Bitcoin bulls
  • Bitcoin may attract $2T from new $20T money supply in 2025
  • Hardware wallet Trezor reports peak demand as Bitcoin approached $100K

🚨 Notable Companies Secure Impressive Investments

  • Talus Network has raised $6M in a Strategic funding round led by Polychain Capital
  • Schuman Financial has raised $7.36M in a Seed funding round led by RockawayX
  • Alchemy [ACH] launches $10M Ecosystem Grant Fund for Arbitrum Orbit chains
  • Avant Labs has raised $6.5M in a Seed funding round backed by Avalaunch

🎓Kenetic Capital’s Jehan Chu: From Front-End Developer to Web3 Investor

🎓Kenetic Capital's Jehan Chu: From Front-End Developer to Web3 Investor | Ep #82

🤣 Meme of the Week

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If you have any questions, please contact me directly in my email.

Sincerely,

Constantin Kogan

[email protected]