Binance will be listing a new perpetual contract for PONKEUSD. This comes after the recent U.S. election and interest rate meeting, with many traders suggesting that cash is the king. Meanwhile, the founder of the Ordinals protocol has set a puzzle in the MineCraft game, with the winner to receive a prize inscription worth 10 BTC.
Some have commented that Bitcoin has risen in the month before and after every U.S. presidential election in history. Digital asset investment products saw a net inflow of US$2.2 billion last week. In other news, Coinbase is facing scrutiny over its listing fees, with CEO Brian Armstrong claiming they do not charge fees, but others disagree.
Magic Eden (ME) has gained attention for its role in facilitating NFT transactions. On-chain capital flows saw an increase of 12% on November 4th.
