TODAY: As Bitcoin hovers around $66,000 after a weekend surge, Dogecoin co-founder Billy Markus playfully advised, “Dear Bitcoin, I recommend that instead of going down, you go up.”
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JUST IN: The UK government will introduce stablecoin regulations within months, according to Circle's Dante Disparte.
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JUST IN: Robinhood expands its crypto services by adding Stellar (XLM) transfers and offering deposit rewards.
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JUST IN: Mantra launched its RWA-focused Layer 1 mainnet, allowing users to stake OM, bridge tokens for future airdrops, and earn KARMA.
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JUST IN: Chainlink introduces a blockchain payment solution for banks, powered by Swift integration.
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ANALYSIS: Glassnode announced that Bitcoin's mining difficulty hit a record 95.67 terahashes, rising 3.9%, with a 27% increase year-to-date.
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RECENTLY: Scam Sniffer announced that a Google search for “Soneium” led users to a phishing site mimicking Sony’s blockchain platform, designed to drain crypto wallets.
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RECENTLY: PumpDotFun, a Solana-based meme coin platform, launched a feature for tokenizing videos, generating both excitement and concerns among users.
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JUST IN: Polymarket is tightening user checks amid a surge in bets favoring Donald Trump, ensuring high-stakes users are not U.S.-based to avoid regulatory issues.
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RECENTLY: The IMF warns of persistent inflation despite 2024 growth prospects, while River launched a product offering 3.8% interest on FDIC-insured cash deposits, payable in Bitcoin or USD.
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RECENTLY: OpenEden's TBILL Vault surpassed $150M in TVL, just two months after reaching $100M, signaling rising demand.
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ANALYSIS: Scroll (SCR) dropped from $1.50 to $1.10, confirmed no airdrop for co-founders and team after last week's criticism, with a $218M market cap and $1.15B fully diluted value.
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JUST IN: BitFuFu announced acquiring a majority stake in an 80MW Bitcoin mining facility in Ethiopia, expanding its hosting capacity and reducing Bitcoin production costs.
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ANALYSIS: Raydium surpassed Ethereum in 24-hour fee revenues on October 21, generating $3.4 million compared to Ethereum's $3.35 million, according to DeFiLlama.
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JUST IN: Core Scientific announced an expanded hosting contract with CoreWeave, adding 120 MW of power to support Nvidia GPU operations, aiming for $8.7 billion in revenue over 12 years.
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ANALYSIS: Bernstein predicts Bitcoin could reach $200,000 by the end of 2025, citing a new institutional era and significant growth in regulated exchange-traded funds.
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JUST IN: Binance announced the termination of its retail referral program for users in Turkey to comply with local regulations.
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JUST IN: Vietnam launched its National Blockchain Strategy, focusing on legislative frameworks, infrastructure, and international cooperation.
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ANALYSIS: Scroll's SCR token dropped around 32% in 24 hours, with total value locked down about 24% this week. Top 10 airdrop recipients received 11.7% of the supply.
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JUST IN: A Nigerian court has dropped charges against Binance executive Tigran Gambaryan, citing poor health, and authorized his release after his detention since February, Bloomberg reported.
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JUST IN: Arkham announced that Tesla still holds $780M in Bitcoin, with no sign of sales as the BTC remains unsent to exchanges ahead of TSLA earnings.
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ANALYSIS: Traders believe Bitcoin could reach $80,000 regardless of whether Trump or Harris wins the presidency, driven by macroeconomic factors and increased options trading interest.
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JUST IN: Prove AI AG announced it is shifting to develop its AI governance platform exclusively on the Hedera network to enhance secure, compliant management of AI training data.
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ANALYSIS: Meme coins outperformed Bitcoin and the S&P 500 in 2024, achieving over 183% net gains since February, according to recent data from Artemis.
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RECENTLY: Kenya Revenue Authority plans a real-time crypto tax system integrated with exchanges to boost tax collection in the $18.6B sector, citing outdated current systems.
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ANALYSIS: Tesla moved all of its Bitcoin to seven new wallets it controls last week, according to Arkham Intelligence, marking the first transactions in two years.
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RECENTLY: The BIS warned of risks in asset tokenization despite its benefits, urging careful regulation to address legal and financial concerns.
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JUST IN: Aurum Equity Partners announced a $1 billion tokenized fund for data center investments on the XRP Ledger, claiming it to be the "world’s first combined equity and debt tokenized fund."
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ANALYSIS: PumpDotFun sold 40,000 SOL for approximately $6.68 million on October 2, according to Lookonchain, generating around $162 million in total revenue since its launch as a Solana-based meme coin platform.
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RECENTLY: The SEC announced that cryptocurrencies, including spot Bitcoin and Ether exchange-traded products, will be an examination priority in 2025, focusing on crypto asset-related services and risks.
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