Important Cryptocurrency News from Last Night and This Morning

Strategic Advice: Michael Saylor spoke at the Microsoft board meeting, recommending that Microsoft adopt Bitcoin as a core corporate strategy. He believes Bitcoin is 'digital capital' with significant growth potential, and he suggested replacing traditional dividend distribution and stock buyback strategies with Bitcoin investments, predicting it could increase Microsoft's market value.

Exchange Changes: Japanese cryptocurrency exchange DMM Bitcoin will cease operations and sell its assets to a subsidiary of SBI Group.

Market Capitalization Ranking Changes

XRP's market capitalization has surpassed SOL, ranking it fourth in the cryptocurrency market capitalization leaderboard, with a 24-hour increase of 17.6%, currently priced at $2.28, with a market value of approximately $130.1 billion.

Ethereum has returned to the top 30 global asset market capitalization rankings, ranking 29th.

Hyperliquid's market capitalization has surpassed Aave, rising to 55th place in the cryptocurrency market capitalization rankings.

Token Dynamics

Moonshot has launched the Meme coin Mundi (MUNDI) on the Solana chain.

BTC long-term holders have a relative unrealized profit margin of 0.74, lower than previous highs.

Ripple locked 1 billion XRP into a custody wallet early this morning, worth approximately $1.546 billion.

As of the end of October, Paxos reported that the number of USDG tokens on the Ethereum network was 10,750,140, and the number of tokens did not exceed the redeemed asset balance.

Tokens such as TAIKO, ADA, and ENA will see significant unlocks next week, with TAIKO unlocking approximately $20.9 million, and different tokens having varying unlock situations.