US ETH Spot ETFs See Modest Inflows, Led by BlackRock’s ETHA
U.S. Ethereum spot ETFs recorded a $2.3M daily inflow, with total net assets reaching $7.01B, about 2.3% of Ethereum's market cap. Grayscale’s ETHE posted a cumulative outflow of -$3.05B, while BlackRock’s ETHA saw a $2.3M net inflow. Daily price changes for major ETFs remained positive, reflecting steady investor interest.
Google and Anthropic Partnership Under UK Regulatory Review
The UK's Competition and Markets Authority (CMA) is launching a Phase 1 merger investigation into Google's partnership with AI startup Anthropic.
-Google had committed to a $2 billion investment in Anthropic alongside a cloud agreement.
-The CMA's move aligns with its efforts to prevent large tech investments from distorting the AI market.
-Microsoft's investment in OpenAI may also face scrutiny, while Amazon's $4 billion investment in Anthropic was approved in September.
Off The Grid Delivers Exciting Updates for Gamers
Off The Grid (OTG) continues to gain momentum in the gaming community, with significant milestones achieved in its GUNZ Blockchain. Over 8 million wallets have been created, and the platform has recorded more than 81 million transactions, averaging over 3.5 million daily. Notably, 85% of all Avalanche testnet volume is attributed to the GUNZ subnet.
https://x.com/playoffthegrid
MANTRA Mainnet Goes Live to Tokenize Real-World Assets!
MANTRA has officially launched its Mainnet, paving the way for tokenizing real-world assets (RWAs) onchain. This Layer 1 blockchain integrates traditional finance with blockchain, offering tools for secure and compliant onboarding of RWAs. Key features include bridging $OM tokens, staking, and earning KARMA. CEO John Mullin sees this as a major leap towards unlocking a multi-trillion-dollar RWA economy.
https://x.com/MANTRA_Chain/status/1849095580200440132
Denmark Eyes Taxing Unrealized Gains—Danish Investors Could Face Big Bills by 2026!
Denmark’s Tax Law Council is shaking up the crypto world by pushing for a bill to tax unrealized gains on digital assets! That's right—whether you’ve sold or not, you could be hit with taxes starting 2026. Crypto traders are buzzing as "inventory taxation" could soon rock Denmark’s crypto scene! Will other countries follow?
US Bitcoin Spot ETFs Report $192M Daily Net Inflow, Led by BlackRock
The latest data on US Bitcoin Spot ETFs shows a total daily net inflow of $192.31 million and $64.09 billion in net assets. BlackRock’s IBIT ETF saw the highest net inflow at $317.47 million. Other major ETFs, including Grayscale’s GBTC and Fidelity’s FBTC, also reported significant activity, reflecting continued investor interest.
Meta to Test Facial Recognition to Combat Deepfake Celebrity Ads
Meta has announced plans to test facial recognition technology to address fraudulent celebrity ads on its platforms. Initial trials showed promising results, prompting a wider rollout involving 50,000 public figures. The system will match ad images against profile pictures, blocking confirmed scams. In-app notifications will inform celebrities of their enrollment in this protective measure.
US Ethereum Spot ETFs Update
Ethereum Spot ETFs saw a daily net inflow of $11.94M, despite cumulative net outflows of $488.85M. Total value traded was $118.40M, with total net assets at $7.26B, representing 2.29% of Ethereum's market cap. BlackRock's ETHA led with $11.94M in inflows, while Grayscale's ETHE and ETH ETFs remained flat in net inflows.
US Bitcoin Spot ETFs See Decline in Daily Net Inflows
The daily net inflow for US Bitcoin Spot ETFs dropped by $79.09 million. Cumulative net inflows reached $21.15 billion, with $1.40 billion traded. Total net assets amounted to $65.12 billion, representing 4.88% of Bitcoin's market cap. Data covers ETFs like IBIT, GBTC, and FBTC, tracking market activity and asset trends.
Michael Saylor Plans to Leave Bitcoin Fortune to Humanity
Michael Saylor, co-founder of MicroStrategy, revealed plans to leave his Bitcoin wealth to society, following a path similar to Bitcoin’s creator, Satoshi Nakamoto. Saylor emphasized Bitcoin's long-term value and its role as "programmable, immortal money." Under his leadership, MicroStrategy has accumulated 252,200 Bitcoin, positioning the company as a major Bitcoin holder and advocate for digital assets.
Kyber Network Attackers Transfer $1.65 Million in Ethereum
It was reported that attackers from the Kyber Network incident have moved 600 ETH, valued at approximately $1.65 million, through Tornado Cash. The transfers occurred over the past two days, raising concerns regarding the use of privacy tools in facilitating such transactions.
US Ethereum Spot ETF Market Faces Notable Outflows
The US Ethereum Spot ETF market saw a daily net outflow of $20.80M, contributing to a cumulative outflow of $500.79M. Despite this, total traded value reached $163.18M, with $7.39B in total net assets, representing 2.29% of Ethereum's market cap. Key performers include ETHE with a $29.58M outflow and ETHA with a $4.86M inflow.
China’s Rate Cuts Signal Urgency for Economic Rebound
China’s decision to cut key lending rates underscores the importance of restoring economic momentum. The cuts, including a reduction of the one-year loan prime rate to 3.1%, reflect efforts to counter deflationary pressures, weak consumer demand, and a property market slowdown. These steps are part of broader actions aimed at achieving the government’s 5% GDP growth target for the year.
L&G Eyes Blockchain Tokenization: Pension Giant Joins Crypto Revolution!
In a bold move, London-based pension powerhouse Legal & General (L&G), with a staggering $1.5 trillion in assets, is set to dive into the blockchain world! Following in the footsteps of finance titans like BlackRock and Franklin Templeton, L&G is exploring tokenized investment funds. The crypto world better watch out—traditional finance is getting serious!
Token Unlocks Exceed $407M in the Next 7 Days
According to Tokenomist, several tokens are set for substantial unlocks in the next seven days, with the total value exceeding $407 million. Major tokens with unlocks greater than $5 million include MRS, ADA, APEX, MURA, AITECH, ID, YGG, KARRAT, TRIBL, and ENA. Additionally, linear unlocks for tokens like WLD, SOL, TAO, AVAX, SEI, NEAR, DOT, DOGE, SUI, FIL, and BEAM are also scheduled during this period.
US BTC Spot ETFs Record $188M Daily Inflow, Total Net Assets Reach $66B
U.S. Bitcoin spot ETFs saw a total daily inflow of $188.11M, bringing cumulative inflows to $21.53B. BlackRock’s IBIT led with a $165.54M inflow, while Grayscale’s GBTC and Fidelity’s FBTC reported mixed inflows and steady market prices. Overall net assets stand at $66.09B, 4.9% of Bitcoin’s market cap.
SUI Partners with Google Cloud for AI and Gaming Integration
SUI has announced a partnership with Google Cloud to provide real-time blockchain data for applications in artificial intelligence and gaming. This integration aims to enhance the development of decentralized applications, allowing developers to leverage blockchain technology more effectively. The collaboration is expected to improve accessibility and performance for various projects in these sectors.
Japanese Firm Metaplanet Raises $66 Million for Bitcoin Purchases Through Share Sales
Metaplanet, a Japanese company, has successfully raised $66 million (10 billion yen) to bolster its Bitcoin acquisitions by selling shares. The funding round attracted an impressive 13,774 individual investors, highlighting strong interest in the crypto market.
US Ethereum Spot ETFs Report $1.27M Daily Inflow Amid Cumulative Outflows
Recent data shows a daily net inflow of $1.27 million for US Ethereum Spot ETFs, despite a cumulative net outflow of -$487.58 million. Grayscale’s ETHE saw the largest daily outflow of -$7.61 million, while BlackRock’s ETHA maintains a positive cumulative inflow of $1.27 billion. Total assets stand at $6.93 billion.
StarHeroes Unveils Season 2 Roadmap: Gem Tokens, Web2 Expansion, and $STAR Deflation
StarHeroes has released its Season 2 roadmap, featuring key updates like new gem tokens as rewards, an expansion into Web2 gaming with a presence on the Epic Games Store, and aggressive $STAR token burning. The roadmap also includes gameplay updates, community-driven events, and plans for esports tournaments, aimed at enhancing player engagement and boosting the game’s economy.
https://x.com/StarHeroes_game/status/1848750609911935322
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Tesla Likely Retains $780M in Bitcoin After Recent Transfers
Tesla is believed to still own its Bitcoin worth $780 million, despite transferring the funds to unidentified wallets on Oct. 15. The transfers have been interpreted as routine wallet rotations, with no further movements noted since. Bitcoin's price rose following the transfers, and Tesla may address its plans in an upcoming earnings call.
Ripple's Chris Larsen Floods Kamala Harris’ Campaign with $11M in XRP!
Ripple co-founder Chris Larsen just dropped a whopping $11 million—$10 million in XRP—into Vice President Kamala Harris’ campaign war chest! 🤑 Larsen, a die-hard Harris fan, believes she’s the secret weapon to putting U.S. tech on top, especially in crypto. This splashy donation has everyone talking, as crypto titans pick sides in the 2024 election showdown. With Larsen backing Harris and others like the Winklevoss twins throwing love Trump's way, the crypto-political drama is heating up fast! 💥
Chainlink Launches Private Blockchain Transactions for Financial Institutions
Chainlink has introduced privacy-preserving technologies for financial institutions to transact securely across blockchain networks. The Blockchain Privacy Manager and CCIP Private Transactions allow institutions to maintain data privacy while transacting. ANZ Bank will be one of the first to use this technology for cross-chain settlement of tokenized real-world assets under Singapore's Project Guardian. These advancements aim to address privacy challenges, including GDPR compliance.
BlackRock’s Bitcoin ETF Becomes Third Largest in Year-to-Date Flows
With $1.1 billion in recent inflows, BlackRock’s Bitcoin ETF (IBIT) has become the third largest ETF in year-to-date flows. This marks IBIT's best week since March, reinforcing its status as the fastest-growing ETF in both Wall Street and financial history.
Bitcoin Spot ETF Market Sees Strong Inflows
The US BTC Spot ETF market has recorded a daily net inflow of $294.29M, bringing the cumulative total to $21.23B. With $65.34B in total net assets, Bitcoin ETFs now represent 4.88% of Bitcoin's market cap. Leading ETFs include IBIT with a $329.03M daily inflow, while GBTC saw a $4.85M outflow.
Aptos Blockchain Revolutionizes Global Financial Transactions
Aptos is redefining how money moves in the digital world, making transactions fast, affordable, and borderless. Celebrating its 2nd Mainnet Anniversary, Aptos has become a key player in global finance. With cutting-edge technology, scalable stablecoins, and partnerships with giants like Tether, Franklin Templeton, and NBCUniversal, Aptos is driving the future of seamless cross-border financial transactions.
Nuklai and Teneo Protocol Form Strategic Partnership to Advance IoT and Data Ecosystem
A partnership between Nuklai and Teneo Protocol has been announced to enhance and monetize data ecosystems. Teneo Protocol’s blockchain technology will be integrated with Nuklai’s collaborative infrastructure to improve the accessibility and value of real-world data in Web3, with a focus on IoT and Decentralized Physical Infrastructure Networks (DePIN).
https://x.com/NuklaiData/status/1848319173878755747
Japan Political Party Leader Promises 20% Crypto Tax if Elected
Yuichiro Tamaki, leader of Japan's Democratic Party for the People (DPP), has pledged to lower taxes on crypto gains to 20% if elected, aligning them with stock market profits. The proposal aims to boost Japan’s position in the Web3 space, though the DPP currently holds only seven seats in the House of Representatives. Japan’s general election will take place on October 27, with the DPP focusing on raising take-home pay and reducing inflation.