1. Bitcoin is sideways Tuesday, with little price action. However, traders seem to be jumping into decentralized finance to maximize their crypto yield. Bitcoin (BTC) trading around $15,345 as of 21:00 UTC (4 p.m. ET). Slipping 0.30% over the previous 24 hours, which trading range was between $15,092 and $15,471.
2. At 8 o’clock on November 11th, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 1,336.61 points, an increase of 0.44% in the past 24 hours, with a turnover of 53.597 billion US dollars, a decrease of 20.57% from the previous 24 hours. Among the tokens, 84 rose and 16 fell; the ChaiNext 5 index, which reflects the performance of blue-chip cryptocurrencies in the broader market, reported 1202.61 points, up 0.31% in the past 24 hours, with a turnover of US$42.511 billion, a decrease of 25.90% from the previous 24 hours; Bitcoin bubble The index (BBI Index) reported 85.12 points, up 0.05% in the past 24 hours; USDT OTC Index (USDT OTC Index) reported 92.08 points, up 0.49% in the past 24 hours. In the past twenty-four hours, mainstream currencies have fluctuated within a narrow range at the top. Ethereum quickly rose by 1 point within five minutes in the morning, with a daily gain of 3 points to near the 465-resistance level. At present, there are obvious signs of DeFi rejuvenation, and the short-term probability is high. Carry out a callback, and consider high-quality DeFi after the callback. Please pay attention to the audit of the project party if the investment is risky.
3. According to the ChainNews, Bonded Finance, a smart tool focusing on digital asset algorithms and a decentralized financial product, will be publicly sold on November 15th for 130 million BOND (accounting for 13% of the total supply of tokens), and the total supply of BOND tokens The amount is 1 billion, the initial supply after the public offering is 325 million tokens, and the initial price is 0.03 US dollars (about 9.75 million US dollars) per token. In order to incubate and deploy experimental, high-yield, smart contract-driven financial tools, Bonded Finance will promote the development of open finance. Bond is an algorithmic model designed to allow supporters of qualified altcoin projects the opportunity to borrow these assets or pool them and make a profit.
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