ANALYSIS: According to the Financial Times, crypto derivatives now account for 71% of trading volume, with $40 billion in open interest, as exchanges attract investors through regulatory compliance and high-leverage options.
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ANALYSIS: Historically, Bitcoin has averaged around 10% returns in the 44th week of the year. With Bitcoin starting this week near $68,000, it could potentially reach $73,000 by week’s end if this trend holds.
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ANALYSIS: A16z estimates 30-60 million monthly active crypto users among over 220 million addresses, highlighting opportunities to convert passive holders into active users through improved on-chain applications.
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JUST IN: Xiamen Sophgo, linked to Bitmain, denies any relationship with Huawei after TSMC cut ties amid a U.S. probe into potential sanctions violations, asserting compliance with all laws.
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JUST IN: According to Kaito AI, reported by Andy of 'The Rollup', Vitalik Buterin has topped “KOL mindshare” on Crypto X while defending the Ethereum Foundation against Ether sale criticism and outlining the blockchain's roadmap.
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ANALYSIS: BeInCrypto reports that Bitcoin’s approach to a new ATH and rising dominance are likely to delay an altcoin season in November, as investors focus on BTC’s stability and institutional demand grows.
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OPINION: CryptoQuant CEO Ki Young Ju predicts Bitcoin could become true digital cash by 2030 as its volatility declines and adoption grows post-2028 halving.
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OPINION: Ripple co-founder Chris Larsen called SEC Chair Gary Gensler "the worst public servant of all time" in a recent CNBC interview.
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JUST IN: Tether CEO Paolo Ardoino confirmed Tether’s reserves include 82,454 BTC, 48.3 tons of gold, and $100B in U.S. treasuries amid transparency concerns.
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ANALYSIS: MicroStrategy ranks as the 6th most traded U.S. stock, surpassing Amazon and Google, highlighting its Bitcoin strategy's success.
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ANALYSIS: Ethereum may rally to $6,000 if it holds the critical $2,400 support, but risks a 40% drop to $1,500 if it fails, says crypto expert Ali Martinez.
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ANALYSIS: Bitcoin now holds a market capitalization over $1 trillion greater than Ethereum, with a dominance of 59% in the crypto market, according to TradingView.
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ANALYSIS: Bitcoin (BTC) hovers at $67K as whales take profits and buying pressure rises, but AMBCrypto, CryptoQuant, and analyst Ali highlight bearish signals, suggesting potential volatility with resistance near $68.5K.
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ANALYSIS: Bitcoin (BTC) enthusiasm grows as capital inflows surged over 3.3% to $21.8 billion in the past month, boosting its Realized Capitalization to $646 billion, according to Glassnode.
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ANALYSIS: Worldcoin's 18% drop led to $5.58 billion in investor losses, with hopes now focused on a recovery to $2.46.
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RECENTLY: Banco Bisa in Bolivia announced a USDt custody service, allowing clients to buy, sell, and transfer the stablecoin, boosting crypto adoption in the country.
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JUST IN: Nayib Bukele has an 89% approval rating, making him the world's most popular leader, as noted by World of Statistics, with Elon Musk praising him at a Trump rally, calling him "a very smart guy."
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JUST IN: Artist Valentina Picozzi says the "Disappearing Satoshi" statue in Lugano took 21 months to create, aiming to connect people to Bitcoin culture and reflect the city’s commitment to digital innovation.
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JUST IN: Bloomberg reports that Hong Kong's SFC plans to license more crypto exchanges by the end of 2024 after they complete a five-month probation and address regulatory requirements.
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ANALYSIS: Nansen forecasts the GameFi market to grow 68% annually, reaching $301.5 billion by 2030, led by RPGs, AAA games, and sustainable blockchain metrics.
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ANALYSIS: Coinbase's Base network recently led all blockchains in one-day stablecoin transfers, accounting for 30% of total volume, per Artemis data.
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RECENTLY: Lookonchain reports that crypto trader James Fickel faced a $55 million loss after major BTC/ETH trades left him with a 980 WBTC debt on Aave.
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JUST IN: Justin Sun announced that Tron’s Q4 priority is upgrading the USDD stablecoin to become a leading decentralized stablecoin, backed by TRX’s market cap and liquidity.
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ANALYSIS: CryptoQuant analyst Darkfost reports a -2 Coinbase Premium Index for Ethereum, signaling bearish sentiment as U.S. institutions offload ETH, while decreased trading volume points to reduced liquidity and potential volatility.
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ANALYSIS: Chainlink (LINK) has topped ERC-20 projects in development activity with 649 GitHub events in the past 30 days, surpassing Ethereum's 342 events, according to Santiment.
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JUST IN: A crypto trader turned $1,795 into $873,000 in two days by strategically trading the Comedian (BAN) token, achieving a profit of over 490 times the initial investment, according to Lookonchain.
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ANALYSIS: US Bitcoin ETFs purchased nearly five times the BTC mined from October 21-25, with inflows reaching $1.83 billion and total October purchases exceeding 45,000 BTC, according to HODL15Capital.
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RECENTLY: Circle CEO Jeremy Allaire announced the company is financially strong and progressing with IPO plans without seeking additional funding, pending SEC review of USDC's classification.
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JUST IN: Coinbase introduced "Based Agent," enabling users to build AI agents with crypto wallets for onchain tasks.
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