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Spot ETF Flow on 28.10: BTC-ETF +$479.35M, ETH-ETF -$1.14M
https://sosovalue.com/assets/etf/us-btc-spot
"If the U.S. wanted to kill us, they can press a button and kill us anywhere," Ardoino said.
https://www.coindesk.com/business/2024/10/28/tethers-paolo-ardoino-if-the-us-government-wanted-to-kill-us-they-can-press-a-button/
Gelato has raised $11 million in a Series A+ funding round led by Hack VC.
This latest round involves investor groups, including Animoca Brands, IOSG Ventures and Bloccelerate VC — bringing Gelato’s total funding to $23 million.
https://x.com/gelatonetwork/status/1850917037079437317
Alchemy Pay unveiled its launch plan of its Layer-1 blockchain, Alchemy Chain
▫️High-scalability adopts SVM
▫️Innovative Trusted PoA security
▫️ACH & fiat supported for gas fees
▫️On-chain earnings to fiat
▫️Meme Launchpad & Telegram bot
https://x.com/AlchemyPay/status/1850886170827161779
Grass (GRASS) trading has started on Bybit, Gate, HTX, Bitget, Kucoin and others.
GRASS is now trading at $0.77.
FDV: $770M
https://www.bybit.com/en/trade/spot/GRASS/USDT
USD₮ is now live on Aptos
https://x.com/Tether_to/status/1850855414897725638
EU MiCA rules pose ‘systemic’ banking risks for stablecoins — Tether CEO, Paolo Ardoino
The Markets in Crypto-Assets Regulation (MiCA) is the first comprehensive regulatory framework for the crypto industry and is set to go into full effect on Dec. 30. Under MiCA, stablecoin issuers will be required to hold at least 60% of reserve assets in European banks.
https://cointelegraph.com/news/mica-systemic-banking-risks-stablecoin-tether-ceo
Cathie Wood: “The more uncertainty and volatility there is in the global economies, the more our confidence increases in Bitcoin.”
https://x.com/cointelegraph/status/1850583241318621679
Solana flips Ethereum in 7-day fees with $25.73M over Ethereum’s $23.28M
https://x.com/Cointelegraph/status/1850493126512898091
The crypto market is neutral
BTC Dominance - 57.72%
Market Cap - $2.32T
BTC - $67,718.19 (+0.68%)
ETH - $2,473.05 (-0.4%)
BNB - $586.5 (+0.11%)
SOL - $175.16 (+1.93%)
INJ - $18.66 (+0.98%)
TON - $4.95 (+0.24%)
SUI - $1.67 (-7.47%)
EIGEN - $2.71 (-8.95%)
https://dropstab.com
The city of Lugano, Switzerland unveils new Satoshi Nakamoto statue.
https://x.com/bitcoinnewscom/status/1849769955899613679
Spot ETF Flow on 25.10: BTC-ETF +$402.08M, ETH-ETF -$19.16M
https://sosovalue.com/assets/etf/us-btc-spot
Coinbase will suspend trading for Decentralized Social (DESO) on November 8, 2024.
https://x.com/CoinbaseAssets/status/1849890034603659619
Lido announces that the Community Staking Module is live on mainnet
CSM is the first module to provide permissionless access for Node Operators, particularly solo stakers, allowing them to run validators using the Lido protocol with a minimum capital requirement of just 1.3 ETH and potential increased rewards.
https://blog.lido.fi/community-staking-module-new-era-for-solo-stakers/
The crypto market is down
BTC Dominance - 57.70%
Market Cap - $2.29T
BTC - $66,841.02 (-1.62%)
ETH - $2,455.7 (-2.41%)
BNB - $578.3 (-2.65%)
SOL - $165.66 (-4.84%)
INJ - $18.66 (-8.05%)
TON - $4.87 (-4.68%)
SCR - $0.828 (-8.58%)
SUI - $1.75 (-7.87%)
https://dropstab.com
Top 300 gainers in 24h: PUPS +46%, BANANA +19%, TRUMP +16%, RUNE +16%, GMX +15%, DOGE +15%.
https://dropstab.com/insights/top-performance
Trump Crypto Project World Liberty Plans to Issue Stablecoin, Sources Say
https://x.com/decryptmedia/status/1850950552508620841
The crypto market is growing
BTC Dominance - 57.92%
Market Cap - $2.42T
BTC - $70,964.19 (+4.73%)
ETH - $2,607.2 (+5.09%)
BNB - $605.6 (+3.12%)
SOL - $180.71 (+3.22%)
INJ - $20.14 (+7.24%)
TON - $5.05 (+1.81%)
SUI - $1.88 (+11.24%)
TIA - $5.07 (-0.79%)
https://dropstab.com
Phantom is currently experiencing an uptime incident and some services may be temporarily disrupted.
https://x.com/phantom/status/1850905912573141283
💧 Recent Funding Rounds Backed by Top Tier Angels
👉 https://dropstab.com/investors
Ethena Labs: “We are aware of questions circulating in Discord and X as to whether investors or the Ethena team are earning Ethereal rewards via sENA using locked tokens.
We would like to categorically confirm to our community that absolutely no locked team or investor tokens are staked as sENA earning any rewards, including Ethereal.
This was confirmed in Discord publicly last week per the screenshot below.
Any ENA that was sent out of the wallets in question are unlocked following the exact vesting schedule outlined in the original token distribution blog post.
The wallets in question contain unlocked foundation tokens that would fit under the eligible criteria. Nevertheless, the foundation has confirmed to us that these tokens will *NOT* be recipients of any airdrop or related rewards from Ethereal.
A section will be added to the UI this week to clarify the total sENA eligible for future airdrops, which also excludes the undistributed sENA sitting in Liquifi contracts, to make this more clear to users.”
https://x.com/ethena_labs/status/1850842529908101134
The Hong Kong government’s Treasury chief said the city will extend existing tax concessions to cover cryptocurrency investments by the end of this year.
The regulators also plan to approve more crypto asset trading platform licenses by the end of the year.
https://www.theblock.co/post/323216/hong-kong-eyes-tax-breaks-for-crypto-more-trading-platform-licenses-by-year-end-officials
Tether presented a preview of Tether's Local AI development kit, privacy focused, powered by peer-to-peer technology
https://x.com/paoloardoino/status/1850510489916158365
Vitalik Buterin: “bro the ETH foundation is paying researchers and devs that are responsible for
(i) ethereum not bleeding 5M ETH/year to proof of work
(ii) your fees being low today
(iii) your txs getting included in < 30s instead of like 1-30 min (eip 1559)”.
https://x.com/VitalikButerin/status/1850416571942068525
Volt 6 of Linea Surge has started
https://x.com/LineaBuild/status/1849836311588290568
The crypto market is neutral
BTC Dominance - 57.52%
Market Cap - $2.31T
BTC - $67,267.94 (+0.56%)
ETH - $2,479.91 (+0.98%)
BNB - $585.3 (+1.12%)
SOL - $172.04 (+3.78%)
INJ - $18.48 (-0.95%)
TON - $4.94 (+1.56%)
SUI - $1.81 (+3.15%)
EIGEN - $2.98 (+4.7%)
https://dropstab.com
In the past 24 hours, long positions worth ~$323.07 million liquidated.
https://www.coinglass.com/LiquidationData
WSJ: “Federal Investigators Probe Cryptocurrency Firm Tether.
Authorities looking at possible violations of anti-money-laundering and sanctions rules.”
Paolo Ardoino: “As we told to WSJ there is no indication that Tether is under investigation. WSJ is regurgitating old noise. Full stop.”
https://www.wsj.com/finance/currencies/federal-investigators-probe-cryptocurrency-firm-tether-a13804e5
https://x.com/paoloardoino/status/1849876338573799912
Hacker returned $19.3 Million to drained US Government crypto wallet
https://decrypt.co/288296/hacker-returns-millions-drained-us-government-crypto-wallet
💧Current state of the market in our weekly overview
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