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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Your biweekly source of crypto insights📈
Thursday, November 21, 2024
DeFi on NEAR is busy right now. Since 11/10, trading volume on Ref Finance, one of the ecosystem's largest protocols, has surged as much as 400% in a A DeFi on NEAR is busy right now. Swap volumes
Cardano’s Charles Hoskinson nominates Coinbase’s Brian Armstrong for Donald Trump’s crypto czar
Thursday, November 21, 2024
Hoskinson cites Armstrong's leadership at Coinbase as key to overcoming regulatory hurdles and promoting industry unity. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
China's Murad: The Community Leader Who Brought ACT to Binance
Thursday, November 21, 2024
When Binance suddenly announced it would list ACT, one name you might have heard repeatedly in the buzz was “Wizard.” ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock supports US strategic Bitcoin reserve amid rumors of executive order
Wednesday, November 20, 2024
Porter also revealed that state governments are rushing to pass legislation establishing their own Strategic Bitcoin Reserves before Trump signs an executive order. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Trading volume on Solana DEXes surpasses Ethereum’s by more than 2x; PayPal USD integrates…
Wednesday, November 20, 2024
Solana's total trading volume reached $85.9 billion, which is more than double the volume on Ethereum. PayPal USD partners with LayerZero for seamless transfers between Ethereum and Solana. ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Trading volume on Solana DEXes surpasses Ethereum’s by more than 2x; PayPal USD integrates…
Wednesday, November 20, 2024
Solana outshines Ethereum with 123 million active addresses in October. Ethereum launches Mekong testnet to preview Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
What is Ethereum 3.0 Beam Chain, and what problems does it aim to solve?
Wednesday, November 20, 2024
Beam Chain proposes a redesign of Ethereum's consensus layer by integrating the latest research advancements, aiming for a safe and swift transition from the current Beacon Chain to the Beam Chain,
Bitwise expects options trading for its Bitcoin ETF to start tomorrow
Tuesday, November 19, 2024
Options trading for Bitcoin ETF is expected to enhance market liquidity and attract diverse investor engagement. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
A Data-Driven Update on Stablecoins
Tuesday, November 19, 2024
An update on the stablecoin landscape, growing supply and stablecoin trading volumes, on-chain usage and yield generation ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
ACT Story: One Strikes It Rich with 2 Million, Another Sells Before the Surge
Tuesday, November 19, 2024
In this episode, WuBlockchain dives into the AI memecoin investment trend and the recent surge of ACT, with guests Defioasis, Maodi, and Chen Yiyi sharing their experiences with ACT and similar