AICoin Focus: Daily Hot Picks (November 17)

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10 hours ago

1. The price of Ripple's XRP token has surged significantly due to a positive regulatory environment and ETF applications, with legal disputes potentially being resolved.

2. The CFTC has released a new report indicating that the approval process for U.S. spot Bitcoin ETF options trading has made significant progress.

Analysts state that a new staff advisory report from the U.S. Commodity Futures Trading Commission (CFTC) shows that the government has taken another step towards approving U.S. spot Bitcoin ETF options trading. -Original

3. BlackRock's Bitcoin ETF has reached $40 billion in assets since its launch, nearly six times faster than the previous record.

BlackRock's Bitcoin ETF IBIT has achieved $40 billion in assets in just 211 days since its launch, nearly six times faster than the previous ETF record, and IBIT has now entered the top 1% of ETFs by asset size. -Original

4. BlackRock's spot ETF has significantly increased its holdings of BTC and ETH during market downturns, reflecting its long-term confidence in the market.

During the market sell-off, BlackRock's spot ETF purchased 1,490 BTC and 6,080 ETH on November 15. -Original

5. U.S. President-elect Trump has made it clear that JPMorgan CEO Jamie Dimon will not be joining the cabinet.

According to Jinshi, U.S. President-elect Trump and JPMorgan CEO Jamie Dimon made it clear on Thursday that they would not be working together in the government. Dimon stated, "I wish the president all the best; I haven't had a boss in 25 years, and I'm not looking to have one now." This is reportedly Dimon's first public comment since the U.S. election. About 30 minutes before Dimon's remarks, Trump posted on Truth Social to clarify rumors: "I have great respect for Jamie Dimon of JPMorgan, but he will not be invited to join the Trump administration. Thank you, Jamie, for your outstanding service to our country." So far, Trump has largely filled his cabinet with his closest supporters and excluded any recently raised critical voices. -Original

6. XRP's market capitalization has surged significantly, surpassing $65 billion, reaching a new high in three years.

7. The Aptos ecosystem project Thala has suspended all related contracts due to a security vulnerability, and assets are being restored.

The Aptos ecosystem DeFi project Thala has released a latest announcement stating that due to a security vulnerability attack on the latest V1 liquidity pool contract, assets worth $25 million were stolen. Thala has currently suspended all related contracts and frozen Thala token assets ($9 million MOD and $2.5 million THL). With the assistance of other institutions, an agreement has been reached with the attacker to restore all user assets through a $300,000 bounty. It is important to note that affected users do not need to take further action, as positions will be 100% restored. However, all related contracts and the Thala frontend will remain suspended until deemed completely safe. Existing positions in the CDP and LST modules are unaffected. Currently, the protocol's codebase is undergoing extensive review and re-audit of all affected and related packages. We will share more details as soon as possible. -Original

8. Major shareholder of Trump Media, ARC Global Investments, has nearly sold all its shares, significantly reducing its stake.

According to Jinshi, a regulatory filing from Trump Media Technology Group shows that major shareholder ARC Global Investments has sold nearly all its shares in the media company. ARC and its manager Patrick Orlando currently hold about 0.01% of the shares, down from over 5% or more than 11 million shares in September. Orlando previously served as CEO of the blank check company Digital World Acquisition, which helped Trump Media go public. He was ousted before the deal was completed this year. In September, a Delaware judge ruled that Trump Media violated an agreement with Orlando's ARC Global, which required the fund to acquire more than 500,000 additional shares before the insider sale lock-up period expired. Trump owns nearly 115 million shares and holds nearly 53% of Trump Media, the platform for Truth Social. -Original

9. Top trader Eugene Ng Ah Sio claims XRP, ADA, and DOGE have outperformed expectations, shocking the market.

Top trader Eugene Ng Ah Sio posted on social media, "XRP, ADA, and DOGE have performed exceptionally well, completely crushing all other assets that the crypto Twitter community touched at the beginning of the bull market. This was definitely not on my expectation list, but I gladly accept it." -Original

10. The price of MANA tokens has surged by 28.14% within 24 hours, with trading volume significantly increasing.

11. The activity in the OKX options market has increased, with open interest rising nearly 7%.

Currently, the total open interest for OKX BTC options contracts is 27,681.98 BTC, with a 24-hour increase of 6.89%, indicating increased activity in the options trading market. Data is for reference only. Interpretation: Open interest refers to the total number of unexercised options contracts in the market, which can reflect the current market's view and expectations regarding the future price movement of a particular underlying asset. Data is for reference only. -Original

12. A major whale has made a large position in SLERF, causing the coin price to skyrocket by 60% within 24 hours.

The above is a selection of hot topics from the past 24 hours. For faster news, please download AICoin (aicoin.com).

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