Bitcoin’s historic ‘Uptober’ trend faces challenges amid high futures interest, cooling spot buys
Bitcoin’s historic ‘Uptober’ trend faces challenges amid high futures interest, cooling spot buysHigh open interest in futures contracts and weakening spot market purchases could disrupt Bitcoin’s historically strong October performance.
Happy Tuesday!The global crypto market cap is $2.2 trillion, with a 24-hour volume of $90.33 billion. The price of Bitcoin is $62,725.00, and BTC market dominance is 56.3%. The price of Ethereum is $2,527.65, and ETH market dominance is 13.8%. The best-performing sector is DuckSTARTER, which gained 31%. The Crypto Fear & Greed Index is currently Neutral (50). LATEST SLATECAST 🎙️ Sui aims to become the “Internet Coordination Layer,” says Mysten Labs Co-Founder 📰 Top News
Bitcoin’s historic ‘Uptober’ trend faces challenges amid high futures interest, cooling spot buysHigh open interest in futures contracts and weakening spot market purchases could disrupt Bitcoin’s historically strong October performance. Ohio senator introduces bill to legalize Bitcoin, crypto payments for state taxes, feesThe legislation would also allow state universities and public pension funds to invest in cryptocurrencies. UAE regulatory approval bolsters Ripple’s quest to rival SWIFT in cross-border paymentsRipple's approval by Dubai Financial Services Authority enhances its global reach and bolsters its businesses.
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FTX creditors misled as token value jumps 50% on repayment rumors
Monday, September 30, 2024
An FTX creditor said the firm's repayment plan would only return around 25% of the failed exchange users crypto assets. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Senator Lummis predicts SEC Chair Gensler will step down next year if Trump is elected
Saturday, September 28, 2024
The SEC Chair will "certainly" not maintain his role under a Trump government, but a Harris presidency might also end his term. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
SEC chair Gensler reaffirms Bitcoin’s commodity status, criticizes industry’s disregard of rules
Friday, September 27, 2024
SEC Chair Gary Gensler reaffirms Bitcoin's non-security status while criticizing industry non-compliance amid SEC scrutiny. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Altcoin season fever infects analysts calling for bullish movement as Bitcoin hits $64k
Thursday, September 26, 2024
Analysts highlight the convergence of Bitcoin and altcoin momentum as a promising sign for broader market recovery. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
SEC delays decision on options trading for BlackRock and Bitwise spot Ethereum ETFs
Wednesday, September 25, 2024
Despite approving options trading for IBIT on Sept. 20, the regulator claimed it needs more time to consider the decision on Ethereum ETFs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Thursday, October 3, 2024
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Crypto market liquidates $272 million in 24 hours as Bitcoin drops to $60k
Thursday, October 3, 2024
Bitcoin reenters lower trading channel for first time since mid September as traders liquidated. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
VC Monthly Report in Sep: the number of funding decreased by 13%, while the amount dropped by 23%
Thursday, October 3, 2024
According to RootData statistics, there were 97 publicly disclosed Crypto VC investment projects in September, representing a 13% month-over-month decrease (112 projects in August 2024) but a 4% year-
Reminder: Everything You Need To Know About Caroline Ellison And Her Sentencing
Thursday, October 3, 2024
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🥛 Ouch! $BTC took a dive (where to from here?) 🫣
Wednesday, October 2, 2024
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Bitwise seeks approval for first spot XRP ETF despite regulatory uncertainty
Wednesday, October 2, 2024
Market observers are uncertain if the SEC would approve additional crypto-focused ETFs soon. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly - 💱 EigenLayer’s EIGEN token debuts trading; Ethena proposes native DEX and new stablecoin USTB
Wednesday, October 2, 2024
Pump.fun's revenue plummets. Societe Generale's subsidiary is launching a Euro stablecoin on Solana. Solana Labs and Google Cloud collaborate on a web3 gaming API. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Interview with John, Managing Director of Coinbase APAC：Prioritizing international growth and why Singapore is so …
Wednesday, October 2, 2024
This transcript captures an interview between Colin and John O'Loghlen, Regional Managing Director of Coinbase in APAC, held at the Token 2049 conference in Singapore. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 Be careful investing in tokens w/ incentivized revenue ⚠️
Tuesday, October 1, 2024
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