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Africa is advancing trade digitalization through the ADAPT initiative, integrating payment, data, and identity systems with the goal of connecting all African countries by 2035. This aims to improve trade efficiency and unlock tens of billions of dollars in economic value. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated.
Bitcoin has recently experienced a significant 25% pullback. Bernstein believes this was caused by market panic over the four-year halving cycle. However, the fundamentals have changed: institutional funds such as spot ETF are absorbing the selling pressure, and the structure of long-term holdings is more stable. Summary generated by Mars AI. The accuracy and completeness of this content are still being iteratively improved.
After achieving strong performance in Stage 3, Stage 4 (Harvest) airdrop plan was launched, and the “Double Harvest” trading competition with a total reward of 10 million USD will be introduced on November 17.
The crypto market has generally declined, with bitcoin and ethereum prices falling and altcoins experiencing significant drops. Hawkish signals from the Federal Reserve have affected market sentiment, and multiple project tokens are about to be unlocked. Early ethereum investors have made substantial profits, and expectations for a continued gold bull market persist. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still being iteratively improved.
IOTA is collaborating with the World Economic Forum and the Tony Blair Institute for Global Change on the ADAPT project. ADAPT is a pan-African digital trade initiative led by the African Continental Free Trade Area. Through digital public infrastructure, ADAPT connects identity, data, and finance to enable trusted, efficient, and inclusive trade across Africa.
- 00:39Data: 95% of bitcoin has already been mined and is in circulationJinse Finance reported that on Monday, Bitcoin reached a psychologically significant milestone: 95% of its total supply has now been officially mined. This important moment was marked by Antpool successfully mining block number 923,999, with the Bitcoin block reward containing the 19.95 millionth Bitcoin. When the Bitcoin network launched in 2009, miners received a protocol-level reward (block reward) of 50 bitcoins per block mined. Since then, this reward has been halved approximately every four years, a mechanism aptly referred to as a "halving." In November 2012, the block reward was halved for the first time to 25 bitcoins per block; in July 2016, it was halved again to 12.5 bitcoins per block, and so on. Currently, the block reward for each mined block has dropped to 3.125 bitcoins. The next "halving" is expected to occur in April 2028, at which point the block reward will further decrease to 1.5625 bitcoins per block.
- 00:28Vitalik: Ethereum and FTX Have Completely Opposite PhilosophiesJinse Finance reported that Ethereum co-founder Vitalik Buterin pointed out that the now-bankrupt cryptocurrency exchange FTX (founded by Sam Bankman-Fried) stands in complete opposition to the values represented by the Ethereum blockchain network: Ethereum is decentralized, "cannot do evil," and is a community. The billionaire in the crypto space took the main stage at the Ethereum Devconnect conference held in Argentina on Monday, wearing a pair of sunglasses inspired by Willy Wonka and a crumpled Moo Deng T-shirt, and fiercely criticized the former FTX CEO. After a brief greeting, Buterin moved to the first slide of his presentation, which featured a photo of Bankman-Fried and an earlier quote from the now-imprisoned crypto tycoon: "I got into crypto because I wanted to have the greatest positive impact on the world."
- 00:28Today's Fear and Greed Index drops to 11, remaining at the level of Extreme Fear.Jinse Finance reported that today's Fear and Greed Index dropped to 11, remaining at the level of extreme fear. Note: The Fear and Greed Index ranges from 0 to 100, and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin's dominance in the overall market (10%) + Google trending keywords analysis (10%).