🇺🇸🙋♂️ According to a new Grayscale study, “2024 Election: The Role of Crypto,” about 46% of likely voters in the U.S. agree that cryptocurrency, blockchain, and automated technologies are the future of finance. source
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👮 #FTT Ryan Salame, one of the leaders of FTX, will begin serving a 7-year sentence in prison on October 11. Salame said he will treat his time there like summer camp. cointelegraph
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🔎 #SUI MEMECOIN SEASON
A new memecoin is being launched on SUI almost every minute. The memecoin frenzy that happened with #SOL is about to happen on SUI.
Early memecoins on SUI are likely to perform very well
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NEW: 💰 Bitcoin rewards app Fold has filed an S-4 SEC IPO filing ahead of its planned merger with FTAC Emerald Acquisition.
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📈 #BTC #MSTR MicroStrategy Stock hits $196,2% away from ATH
The stock behaves like a leveraged version of Bitcoin during bullish phases.
Since MicroStrategy began purchasing BTC on August 11, 2020, its stock has surged by 1,208%, while Bitcoin itself has risen by 445%.
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🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +3,281 BTC (+$204.7M) 🟢
Fidelity inflows 1,639 BTC ($102.26M) and currently holds 179,565 BTC ($11.2B);
#ETH-ETFs:
NetFlow: -3,968 ETH (-$9.69M) 🔴
Grayscale outflows 3,711 ETH ($9.06M) and currently holds 1,640,928 ETH ($4B).
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🆕🚀 #IO Coinbase will add support for io․net (IO) on the Solana network (SPL Token)
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📊🇺🇸 #BTC has over 2x the risk-adjusted returns as US equities according to the Sharpe Ratio
And some investors still call Bitcoin risky
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💰 The Most Active Investors in Q3 2024
The third quarter stands out on the most active investors list as two top-tier funds a16z and Binance Labs enter the list of the most active investors. Besides them, other most active VCs are solid Tier 2, which is a positive sign for the market.
This may indicate the increasing number of good-quality projects on the market as these funds tend to be quite selective.
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🇯🇵🤝 #INF Japan's largest telecommunications company NTT has partnered with Injective and become its validator. twitter
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📸 #SCR Scroll: SCR airdrop snapshot date is October 19, 2024. The token release and Airdrop date is October 22, 2024.
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🇺🇸🥊 #CRO Crypto.com confirmed that they received a Wells Notice from the US SEC and filed a lawsuit against the SEC. crypto.com
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🆕👀 #SUI Circle: #USDC is now available on the SUI network
Also Coinbase added USDC to SUI in Listing Roadmap
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💰🥳 #TON Gate announces an investment of $10 million in the TON blockchain to stimulate the development of Telegram.
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🥳 #ENS Google search integrates ENS, users can search for .eth domain names and check their balance. twitter.com
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NEW: 💰 Peter Todd denies HBO’s claim that he is Bitcoin creator Satoshi Nakamoto.
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💰 Decentralized application (dApp) infrastructure developer Semantic Layer has raised $3 million in seed funding led by Figment Capital. the block
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👟🤝 #PORTAL: Portal Pay now powers cross-chain crypto payments for Reebok Impact.
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📊👀 Glassnode report:
▪️ Market drawdowns remain relatively shallow and consistent with historical bull market uptrends, highlighting both the similarity and relative resilience of the current cycle;
▪️ Both short-term holders' position and spending behavior have improved significantly as the spot price attempts to restore short-term holders' cost basis to $62.5K;
▪️ A significant amount of open interest in futures remains in place, which may subject the market to cascading deleveraging and liquidation in the event of significant volatility.
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📱🙋♂ #JUP The Jupiter mobile app is now available on iOS, with an Android version to be launched soon. twitter
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🔝 Top 15 Blockchains by the Number of Daily Active Addresses in Q3 2024
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📊😨 #BTC October started badly for Bitcoin. The worst start in the last ten years.
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🆕 #STRK Starknet has launched STRK steaking on the Sepolia test network. blog
The launch on the main network will take place in a few weeks
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🐳 CEO C.Q.: #BTC-whales are experiencing a generational shift
New whales have invested $108 billion, while older whales have invested $113 billion since Bitcoin's inception. The ratio is now 48:51. Realized cap of new whales is expected to surpass that of older whales soon.
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