Todays Top Stories

Editor: @PhoenixxDown

Runes “Approved” For Binance Futures

Binance has approved DOG, RSIC, and BDC for its Futures NEXT platform, much to the delight of the Runes community! Interestingly, PUPS has been rejected however. This decision, especially given PUPS’ status as a certified blue-chip memecoin, has sparked discussions and fueled rumors about why it was overlooked in favor of RSIC—a token that has remained relatively quiet for over six months.

If you’re unfamiliar with the difference between futures and spot trading, here’s a quick breakdown. Futures trading allows investors to speculate on an asset’s future price. Unlike spot trading, where tokens are bought or sold at their current price, futures contracts let traders agree on a price today for a future transaction. While this can amplify potential profits, it also increases risks, as traders can lose more than their initial investment.

If that’s still unclear, think of futures as betting on where you think a token’s price will go, using leverage. Leverage lets you control larger positions with smaller capital, amplifying both gains and losses. Spot trading, in contrast, is straightforward buying and selling of the asset itself—what most of us are used to.

What Does This Mean for DOG, RSIC, and BDC?

Approval for Binance's Futures NEXT platform suggests a bullish outlook for these tokens. Futures trading often boosts market liquidity and visibility as it attracts traders speculating on price movements. DOG, in particular, has risen in community rankings, signaling strong backing.

On the flip side, PUPS' rejection raises questions about its market stability, liquidity, or community support. This exclusion may dent PUPS' short-term momentum, especially compared to its approved competitors. In fact, PUPS’ price has already dropped sharply, though whether this is directly linked to Binance's decision remains debatable. Shin’s question about why PUPS was excluded has sparked intriguing discussions in the comments—there’s a mix of speculation, but not all hope seems lost.

While listing on the Futures NEXT platform doesn’t guarantee a full Binance futures listing, it’s a step forward for DOG, RSIC, and BDC. Their inclusion validates their community support and prospects of becoming $1bn+ assets. But, one step at a time, let’s see where this journey leads us!

Don’t forget to get involved with the process, Runes need your vote!

Top Stories | TRAC Litepaper Breakdown

The TRAC litepaper has been released, outlining an ambitious goal: transforming how data is shared, verified, and trusted across industries.

While some commentators have found the litepaper dense, let’s try and break it down for clarity.

What is TRAC?

TRAC Network is a decentralized platform redefining data access, management, and ownership by treating data streams as tradable assets. Unlike traditional blockchain systems, TRAC employs a Headless Crypto architecture. This allows for efficient, scalable, and secure data distribution without the high costs linked to block finality.

Core Objectives

1. Empowering Data Owners: TRAC provides tools for creators, developers, and institutions to securely manage and monetize data. For instance, creators can share exclusive content with approved subscribers, while businesses can monetize sensor-generated data streams.

2. Securing Data Access: TRAC ensures that only authorized parties access data, protecting privacy and upholding ownership rights.

3. Decentralized Efficiency: By leveraging cryptographic validation and peer-to-peer networks, TRAC enhances scalability and security while reducing reliance on centralized intermediaries.

How Does it Work?

• Indexers create and submit data to the network.

• Validators verify data integrity and reward indexers with $TRAC tokens.

• Peers (end-users) access validated data for applications ranging from DeFi to streaming.

TRAC’s Headless Crypto framework reduces resource costs and prevents vulnerabilities like frontrunning. It integrates seamlessly with existing blockchain systems or operates independently.

Vision

TRAC envisions revolutionizing decentralized data exchange, empowering users to control their data assets while unlocking new opportunities in industries such as content creation, environmental monitoring, and secure communications.

While some of this may still not be clear to many, Head of Marketing, Fitzy, has declared his intention to make things more easily consumable for everyone. Fitzy said: “I will be developing a script and a subsequent video to explain it all (just like with the DMT & Indexing videos we produced) but these things take time, especially if they are to be clear and succinct.”

This Friday’s TAP Space will be one not to miss. We’ll drop a link here, in your favorite newsletter, as soon as we have it so you can set those reminders.

Top Stories | Trump Considering Pro-Crypto SEC Chair

Reports emerged yesterday that President-elect Donald Trump is considering Teresa Goody Guillén, a blockchain-savvy lawyer, as the next SEC Chair.

Guillén, a partner at BakerHostetler and a former SEC attorney, brings expertise in securities, litigation, and digital assets.

Seen as a pro-crypto candidate, Guillén bridges the gap between traditional finance and blockchain innovation. Her appointment could herald a shift away from the “regulation by enforcement” approach associated with Gary Gensler, offering much-needed clarity for cryptocurrency regulations.

Other candidates reportedly under consideration include crypto lawyer John Deaton, former SEC commissioner Hester Peirce, and Brian Brooks. Trump’s administration has signaled a priority for a crypto-friendly regulatory environment, with plans to finalize the SEC chair appointment before Thanksgiving.

Guillén’s blend of SEC experience and blockchain advocacy has positioned her as a potential “game-changer” for the industry. For many of us, an appointment like this is long overdue!

Daily Bites

Todays Markets

Ordinals

It’s another fine day for Runestone as the collection moves from 2nd place yesterday to take the lead, overtaking Bitcoin Puppets for overall 1D volume. As stated in yesterday’s edition, $DOG bullishness translates directly into Runestone bullishness.

Pizza Aliens continue to ride their post-mint hype, while others in the top 5 hold steady within their established floor price zones.

In the bottom half of the top 10, BTC Machine and RSIC are the standouts, with their floors rising 43% and 20%, respectively. Just as $DOG’s bullish momentum carries over to Runestone, the same logic applies to $RSIC on the Runes side.

Rumors are circulating that RSIC miners have been actively mining all along, prompting some to buy in for exposure. However, as with most things RSIC, this remains speculation, with nothing confirmed either way.

Runes

Here we see the pullback that many anticipated for Runes. The Binance Futures listing hype is starting to subside, and even the Rune leading the charge, $DOG, has suffered an 8% drop from yesterday.

PUPS has taken a hit following news of their application’s rejection. However, one might suspect that anyone selling their PUPS at this stage due to that reason could find themselves in a world of regret before long.

AI mania has officially made its way to Runes. Cypher, the leader in this trend, remains strong with a $36 million market cap, while Skynet and Manifest have broken into the top 5 for yesterday’s volume. The question is—are these two here to stay?

In the bottom half of the rankings, much of the same activity continues, with some selling off after the recent pump. However, overall, things are holding up well when considering the broader market context.

BDC and Gizmo, despite experiencing some declines, are still comfortably within range of their all-time highs. BRO, meanwhile, is green on the day after a morning dip to around 9 sats. It has since recovered impressively!

Todays Opportunities

Minting This Week

This weeks hyped mints open to the ExtraOrdinals that won a spot in previous days and weeks. If you’re feeling bullish, prepare those wallets and stay safe!

Giveaways

Todays giveaways for ExtraOrdinals holders to feast one. Enjoy!

• DSTRCT - Ends Today @ 23:52 UTC

With even more giveaways are expected soon, join the Discord today and make sure you have notifications on so you don’t miss out when the next ones go live!