The crypto venture capital market hasn’t fully adjusted to post-pandemic downturn realities, said Multicoin Capital Managing Partner Tushar Jain.
Overhyped valuations and stalled token prices reflect challenges across the crypto sector.
Jain maintains confidence in crypto’s core principles despite the market’s volatility.
https://www.theblock.co/post/319101/crypto-faces-hangover-from-venture-capital-glut-during-previous-bull-market-multicoins-tushar-jain
Drops Mini App & Bot announces the Early Bird phase is about to close and will end within the next few days!
We're removing all limits and restrictions on invites. Anyone can now get into the 👀app just by clicking on the link.
In the past 24 hours, long positions worth ~$450 million liquidated.
https://www.coinglass.com/LiquidationData
Top 300 losers in 24h: SUNDOG -18%, CAT -18%, DYM -18%, ETHFI -16%, DOGS -16%, STRK -15%, INJ -14%.
https://dropstab.com/insights/top-performance
Helix, the DEX built on Injective, is now hosting a trading competition, offering two brand-new Mercedes-Benz G-Wagons as the prizes.
The competition is live now.
Blog: https://x.com/HelixApp_/status/1840816813304660422
Join the campaign: https://helixapp.com/leaderboard/competition/
Binance has introduced risk warnings for tokens with significant tokenomics changes
With these changes, Binance will apply the risk warning banner and pop-up to the following tokens that have undergone significant changes to their tokenomics in the past 18 months:
- Travala (AVA)
- Chiliz (CHZ)
- Enjin Coin (ENJ)
- IOTA (IOTA)
- Lisk (LSK)
- Metal DAO (MTL)
- Orion (ORN)
- Self Chain (SLF)
- Solar (SXP)
- Vanar Chain (VANRY)
https://www.binance.com/en/support/announcement/introducing-risk-warnings-for-tokens-with-significant-tokenomics-changes-fc3b6e0ac0b644138cd35969663775b2
Crypto exchange Gemini is set to close all customer accounts in Canada by the end of 2024.
Gemini said it would close all accounts in Canada on Dec. 31 and told users they have 90 days to withdraw assets from the platform.
Gemini’s move comes months after the country’s financial regulators introduced rules for crypto exchanges and trading platforms operating on Canadian soil.
https://cointelegraph.com/news/crypto-exchange-gemini-close-all-customer-accounts-canada
💧 Top Tokens by FDV Launched in the Last 30 Days
👉 https://dropstab.com/tab/new-tges-listings-g5vfoxo2ch
Andrei Grachev: “AUM of DWF Labs asset management is 10x in last 10 days. Our target is to reach 50b$ AUM / 30% market share of all liquid altcoins within the following 2 years”.
https://x.com/ag_dwf/status/1841004021483532471
Renzo’s latest product, ezEIGEN, is now live
ezEIGEN is a new token introduced as part of Renzo’s products, designed to optimize the EIGEN restaking process.
https://x.com/renzoprotocol/status/1840967566677737669
Spot ETF Flow on 30.09: BTC-ETF +$61.3M, ETH-ETF -$822.29K
https://sosovalue.com/assets/etf/us-btc-spot
Polymarket bet for 2024 US presidential election winner crosses $1 billion mark
https://polymarket.com/event/presidential-election-winner-2024
Binance Pool has officially launched Bellscoin (BEL) merged mining. Mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE) and Bellscoin (BEL).
https://www.binance.com/en/support/announcement/binance-pool-supports-new-merged-mining-mine-ltc-and-earn-rewards-in-ltc-doge-bellscoin-bel-6fb9530cc13a46e98ceb0eba95c52b0f
Argentina's VP meets with Bukele over Bitcoin and volcano bonds.
https://cryptobriefing.com/bitcoin-bilateral-talks-argentina-2/
Spot ETF Flow on 1.10: BTC-ETF -$242.53M, ETH-ETF -$48.52M
https://sosovalue.com/assets/etf/us-btc-spot
The crypto market is down
BTC Dominance - 55.86%
Market Cap - $2.19T
BTC - $61,770.15 (-3.03%)
ETH - $2,491.16 (-5.25%)
BNB - $554.5 (-4.11%)
SOL - $147.26 (-5%)
INJ - $21.03 (-14.29%)
TON - $5.44 (-6.05%)
EIGEN - $4.07 (14.62%)
SUI - $1.81 (-4.89%)
ZRO - $4.46 (-5.76%)
https://dropstab.com
Conflux has introduced its roadmap for the next few years.
https://confluxnetwork.medium.com/embark-on-the-conflux-tech-odyssey-mapping-out-the-next-3-5-years-de4c35b75dfe
IOTA will make an announcement on October 15.
https://x.com/iota/status/1841093063000613006
EGLD now on Bit2Me card
You can now use EGLD, the MultiversX token, to make purchases with your Bit2Me Card.
https://x.com/MultiversX/status/1841077031456452680
Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).
https://x.com/Ripple/status/1841013971676967283
Deribit is targeting the launch of BNB Perpetual and Options on 1 October 2024 at 9:00 UTC.
https://x.com/DeribitExchange/status/1836804427694415990
EigenLayer (EIGEN) trading has started on MEXC.
EIGEN is now trading at $4.2.
FDV: ~$7B
https://www.mexc.com/exchange/EIGEN_USDT
The volume and inflows for BlackRock’s recently-launched Ethereum ETF are vastly lower than their Bitcoin counterparts—and the company’s head of digital assets, Robert Mitchnick, doesn’t expect that to change anytime soon.
https://fortune.com/crypto/2024/09/30/blackrock-exec-says-new-ethereum-etf-faces-narrative-challenge/
The crypto market is neutral
BTC Dominance - 55.50%
Market Cap - $2.27T
BTC - $63,714 (-1.17%)
ETH - $2,630.79 (+0.17%)
BNB - $576.2 (-0.07%)
SOL - $155.12 (-0.54%)
INJ - $24.78 (+8.94%)
XRP - $0.6242 (-3.37%)
TON - $5.81 (+0.38%)
SUI - $1.89 (+9.28%)
ZRO - $4.73 (-3.82%)
https://dropstab.com
Trump-backed World Liberty Financial opens up KYC verification on website
https://www.theblock.co/post/318680/trump-backed-world-liberty-financial-opens-up-kyc-verification-on-website
Binance will list EigenLayer (EIGEN) and open trading for the following spot trading pairs at 2024-10-01 05:00 UTC.
https://www.binance.com/en/support/announcement/29494a3db1034233b65522b9e122d079
Sui has achieved $1B in Total Value Locked.
https://x.com/SuiNetwork/status/1840471482495095257