PANews reported on November 12th that, according to SoSoValue data, the crypto market as a whole experienced a general downward trend, with the AI sector leading the decline at 6.33% in the past 24 hours. Within the sector, DeAgentAI (AIA), which had previously seen significant gains, fell by 26.99%, while Fetch.ai (FET) and Fartcoin (FARTCOIN) fell by 11.06% and 11.62%, respectively. Additionally, Bitcoin (BTC) fell by 2.61%, dropping below $104,000, and Ethereum (ETH) fell by 3.71%, dropping below $3,500.
In other sectors, the CeFi sector fell 2.95% in the last 24 hours, with Aster (ASTER) showing relative resilience, rising 1.08%; the PayFi sector fell 4.62%, with Nano (XNO) bucking the trend and rising 24.80%; the Layer 1 sector fell 4.82%, with Zcash (ZEC) experiencing a significant pullback of 16.23%; the Meme sector fell 4.85%, with Pump.fun (PUMP) falling 9.20%; and the Layer 2 sector fell 5.38%, with SOON (SOON) surging 6.61% intraday.

Robinhood acquired an Indonesian brokerage and digital asset trading firm to access a market with 17 million crypto investors. Crypto and stock trading platform Robinhood is set to tap into Indonesia’s burgeoning cryptocurrency trading market after an agreement to acquire two local fintech companies.In an announcement on Sunday, Robinhood said it has entered into agreements to acquire Buana Capital, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader, “marking our entry into one of Southeast Asia’s fastest-growing markets.”It said that Indonesia has more than 19 million capital market investors and 17 million crypto investors, making it a “compelling market for equities and crypto trading.”Read more

