The new digital identity platform, Y, forgoes World Network’s controversial biometric authentication for a system based on users’ online activities. Source: https://www.coindesk.com/tech/2024/11/18/lido-co-founders-said-to-plot-competitor-to-sam-altmans-world-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

AI studio SOAR, created by Ancestry founder Paul Allen, brings Project Liberty data sharing and storage portals for families and communities focused on local government. Source: https://www.coindesk.com/business/2024/11/18/project-liberty-joins-soar-to-challenge-centralized-social-media-giants-with-ai-decentralized-data/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The total cryptocurrency market hits a new all-time high of $3.025 trillion as bitcoin consolidates around $92,000. Source: https://www.coindesk.com/markets/2024/11/18/bitcoins-correlation-to-us-equities-and-ether-weakens-van-straten/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

According to BCA Research analysis of fractal patterns, the bitcoin price might climb above $200,000. Source: https://www.coindesk.com/markets/2024/11/18/bitcoin-near-a-record-high-might-be-just-half-the-journey-as-bca-research-signals-200k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Data, however, show no uptick in Runes protocol on chain metrics as of Monday. Onchain metrics typically follow social activity and narratives, with prices leading afterward. Source: https://www.coindesk.com/markets/2024/11/18/missed-btc-rally-to-93k-bitcoin-memecoins-could-be-next-to-watch/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Metplanet to issue one-year bonds to finance BTC purchases. Source: https://www.coindesk.com/business/2024/11/18/metaplanet-follows-mstrs-lead-announces-113m-debt-sale-for-additional-bitcoin-purchases/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

MSTR’s options market exhibited extreme upside fear or bullish speculative frenzy. Source: https://www.coindesk.com/markets/2024/11/18/frenzy-alert-jpmorgans-bitcoin-retail-sentiment-score-hits-record-high-mstrs-call-skew-soars/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The vault has been filled in excess of an initial $100,000 target as of Asian morning hours, with $240,000 worth of stablecoins deposited for CAT on Solana, data shows. …

An increase in both OI and prices typically indicates that new money is entering the market — indicative of a bullish trend. Source: https://www.coindesk.com/markets/2024/11/17/xrp-sees-record-futures-bets-amid-price-surge-above-120/?utm_medium=referral&utm_source=rss&utm_campaign=headlines