Howdy Folks,We're halfway through November already... how did that happen???

Tempus fugit folks!

• 💰 Expanding BTC Wealth

• ⚖️ XRP Case Escalation

• 📈 RUNE's Impressive Surge

📈 Bitcoin Millionaires on the Rise 

2023 is shaping up to be a banner year for Bitcoin wealth, with the "millionaire club" of wallets holding over $1 million in Bitcoin ballooning by 237%. 🚀

BitInfoCharts data shows these elite wallets leaping from 23,795 to 81,925.

This uptick, however, isn't solely the tale of individual fortunes. Many of these high-value addresses are linked to crypto exchanges and financial institutions. 💼

The previous peak of Bitcoin millionaires was seen during November 2021's bull run, topping at 112,573 addresses, according to Glassnode....and we're only just coming out of a bear market bottom!Additionally, the "wholecoiners" club – wallets with at least 1 Bitcoin – has seen a modest increase.

The current Bitcoin trading price of around $37,100 reflects a 38% monthly surge, fuelled in part by the buzz around potential spot ETF products. 📊This trend underscores Bitcoin's growing appeal as a long-term investment option among the crypto community. 🌐The next bull run is shaping up to be super exciting!

🏛️ Ripple Ready for Supreme Showdown 

Ripple CEO Brad Garlinghouse is gearing up for a legal marathon that could reach the steps of the U.S. Supreme Court in the ongoing tussle with the Securities and Exchange Commission (SEC) over XRP. 🚀

In a Bloomberg Television interview at DC Fintech Week, Garlinghouse expressed Ripple's readiness to explore how the case might unfold, even at the highest judicial level.Bold move Brad, BOLD!!!

This bold stance follows a favorable twist for Ripple in July when a federal judge ruled that XRP sales to individual investors on exchanges did not equate to an investment contract, a potential blow to the SEC's authority. 📉Despite this, Garlinghouse didn't dismiss the possibility of an eventual settlement.

Meanwhile, the SEC, which had a surprising request last month to dismiss parts of its lawsuit against Ripple executives, might broaden its appeal against the July decision. 💼

SEC Chairman Gary Gensler, proud of the agency's enforcement track record in crypto, underscored the courts' consistency in these cases, emphasizing investor protection in the face of joint venture efforts. 🛡️Consistently unclear???As Ripple braces for a potential Supreme Court battle, the saga reflects the high-stakes game of regulatory compliance in the evolving crypto landscape.

🌐 THORChain Rises in DEX Rankings 

THORChain has thundered into the spotlight as the second-largest decentralized exchange (DEX) by trading volume, trailing DeFi goliath Uniswap. 🚀

Over the past week, it clocked a staggering $1.32 billion in trading activity, according to DefiLlama data.

This surge is closely linked to its native token, RUNE, which has seen a meteoric 102% rise in the past week and over 200% in the last 30 days, per CoinGecko. 📊The high yields associated with RUNE are seemingly the siren call attracting users.Avengers Assemble...

Even more impressive, THORChain's 24-hour trading volume hit $334.3 million, eclipsing PancakeSwap by nearly $50 million. ⏰This achievement surpassed even the optimistic predictions of THORChain core developer Chad Barraford, who expected such growth by the end of 2023, not in mere days.

Bitcoin advocate Erik Voorhees highlighted THORChain's processing of almost 2% of Bitcoin's overall spot trading volume, emphasizing its significance for Bitcoiners seeking intermediary-free trading.Middlemen...your days are numbered!As THORChain continues its ascent, it underscores the dynamic and rapidly evolving nature of the DEX landscape. ⚡🌪️

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