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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Bitcoin’s performance as US labor market normalizes after pandemic disruption
Sunday, October 6, 2024
Post-pandemic financial shifts see Bitcoin moving from alternative asset to investment staple. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
What you missed this week 👀
Sunday, October 6, 2024
Rektember was cancelled, Octobear is here and Joe McCann drops his alpha
Asia's weekly TOP10 crypto news (Sep 30 to Oct 6)
Sunday, October 6, 2024
A senior executive of a subsidiary of South Korean internet giant Kakao is suing GroundX, Kakao's blockchain division, for approximately 10 billion won (about 7.6 million USD). ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
You're Entitled to Your Voice, but Not Your Way | BanklessDAO Weekly Rollup
Saturday, October 5, 2024
Catch Up With What Happened This Week in BanklessDAO ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Finish signing in to Crypto.com DeFi Research
Saturday, October 5, 2024
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Polymarket bettors favor Len Sassaman in HBO’s potential Satoshi Nakamoto reveal
Saturday, October 5, 2024
The betting pool, which has attracted more than $600000 as of Oct. 4, focuses on Money Electric: The Bitcoin Mystery, a documentary set to air next week. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Can Bitcoin still deliver big gains? 🚀
Saturday, October 5, 2024
Milk Road $BTC Price Prediction for 2030 👀
Weekly Project Updates: TON Establishes Memelandia to Boost Memecoin Development, Grayscale Launches Aave Fund, Sy…
Saturday, October 5, 2024
The TON community has announced the creation of Memelandia, a strategic initiative supported by the TON Foundation and TON Association to develop a memecoin narrative within the TON ecosystem. ͏ ͏ ͏ ͏
🥛 Satoshi Nakamoto confirmed? 🤔
Friday, October 4, 2024
PLUS: Three pieces of positive crypto news designed to give you the zoomies... 🧟
El Salvador doubles down on Bitcoin, defies IMF concerns
Friday, October 4, 2024
Crypto community members have advised the Central American country's to reject the IMF recommendations. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏