Pennsylvania House passes bipartisan bill to bring regulatory clarity to digital assets
The Pennsylvania House of Representatives passed a bill that protects residents' rights to self-custody digital assets, ensures their ability to use bitcoin as a payment and provides explicit guidelines around taxing bitcoin transactions.
https://www.foxbusiness.com/politics/pennsylvania-house-passes-bipartisan-bill-bring-regulatory-clarity-digital-assets
Arkham: ~$20M in US government assets moved to new address.
ZachXBT: TLDR it’s a likely theft as funds tied to the USG started going to instant exchanges like N exchnage, Switchain, and Binance nested service.
https://x.com/ArkhamIntel/status/1849509611801542678
https://x.com/zachxbt/status/1849538641325891751
The crypto market is neutral
BTC Dominance - 57.41%
Market Cap - $2.34T
BTC - $68,008.01 (+1.07%)
ETH - $2,521.8 (-0.98%)
BNB - $595.1 (+0.63%)
SOL - $174.59 (-0.03%)
INJ - $20.36 (-0.17%)
TON - $5.1 (-0.85%)
SUI - $1.91 (-4.23%)
https://dropstab.com
Tether Asks Turkey to Consider Digital Token for Borate Minerals
https://www.bloomberg.com/news/articles/2024-10-24/tether-usdt-asks-turkey-to-consider-digital-token-for-borate-minerals
Binance Futures has launched the GOATUSDT Perpetual Contract with up to 75x leverage.
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-goatusdt-perpetual-contract-with-up-to-75x-leverage-ff1a4c64f1aa4fef870adc7ef802d700
Ripple Labs CEO Brad Garlinghouse has conceded his company should have engaged with United States regulators earlier, and now it and the crypto industry are playing catch-up after being on the receiving end of legal enforcement actions.
https://cointelegraph.com/news/ripple-made-mistake-not-engaging-regulators-brad-garlinghouse
Spot ETF Flow on 23.10: BTC-ETF +$192.31M, ETH-ETF +$1.27M
https://sosovalue.com/assets/etf/us-btc-spot
MANTRA Mainnet has officially launched
https://x.com/mantra_chain/status/1849095580200440132
Uniswap has partnered with Across Protocol to launch cross-chain bridge for nine blockchains including Ethereum, Base, Arbitrum, Polygon, Zora, Blast, OP Mainnet, World Chain and ZKsync.
https://x.com/Uniswap/status/1849104961335972078
The crypto market is neutral
BTC Dominance - 57.09%
Market Cap - $2.33T
BTC - $67,272.73 (+0.25%)
ETH - $2,549.59 (-2.55%)
BNB - $590.9 (+0.26%)
SOL - $174.78 (+5.56%)
INJ - $20.39 (-1.37%)
TON - $5.16 (-0.58%)
SUI - $1.99 (+4.15%)
APE - $1.17 (-9.26%)
https://dropstab.com
Nigeria Court Releases Binance Executive Detained for Months
Tigran Gambaryan detained in February as Nigeria took aim at Binance.
https://www.bloomberg.com/news/articles/2024-10-23/nigerian-court-releases-binance-executive-jailed-since-february
Marc Andreessen (a16z) stated that GOAT is the first real case of AI and cryptocurrency integration.
https://www.youtube.com/watch?v=EKspo1FLj-4
Canadian cryptographer and computer scientist Peter Todd says he’s been forced into hiding for fear of his safety after an HBO documentary supposedly outed him as the inventor of Bitcoin.
https://cointelegraph.com/news/peter-todd-forced-hiding-hbo-doc-claims-invented-bitcoin
Spot ETF Flow on 22.10: BTC-ETF -$79.09M, ETH-ETF +$11.94M
https://sosovalue.com/assets/etf/us-btc-spot
Microsoft placed an “assessment in investing in bitcoin” on the voting ballot ahead of its 2024 annual shareholder meeting in early December.
The company notes the board of directors recommends voting against the proposal, in a filing with the SEC.
https://www.theblock.co/post/322962/microsoft-places-assessment-in-investing-in-bitcoin-as-a-voting-item-for-december-shareholder-meeting
Magic Eden will launch TestME token on October 29th.
https://x.com/MagicEden/status/1849477472040927286
Crypto Exchange Kraken Plans to Launch Its Own Blockchain Early Next Year
https://www.bloomberg.com/news/articles/2024-10-24/crypto-exchange-kraken-plans-to-launch-its-own-blockchain-early-next-year
Vitalik Buterin: “I think my ideal is deep but selective cuts:
* reduce the gas cost of every EVM opcode that's currently in the 2-5 range to 1, and in the 6-10 range to 2
* cut gas cost of log by 4x
* cut gas cost of precompiles (except the ones we want to retire)
Can probably get 1.5x TPS without worsening any "critical worst case" numbers (eg. calldata size, IO) at all”
https://x.com/VitalikButerin/status/1849338545498210652
💧 Top AI Meme Bots on Solana by FDV
👉 https://dropstab.com/tab/ai-meme-bots-63pi0f1zkk
GOATUSDT Perpetual Contract is now live on Bybit Contract with Goatseus Maximus with up to 12.5x leverage.
https://x.com/Bybit_Official/status/1849027993315807709
Tesla reported its Q3 2024 earnings on Oct. 23, revealing that the company has not sold any of the $184,000,000 in digital asset investments during the quarter and has not sold any crypto for five consecutive business quarters.
https://digitalassets.tesla.com/tesla-contents/image/upload/IR/TSLA-Q3-2024-Update.pdf
https://cointelegraph.com/news/tesla-didnt-sell-digital-asset-holdings-q3-2024
Denmark to tax unrealized crypto gains at 42% starting Jan 1, 2026.
New tax rules apply to all crypto acquired since Bitcoin's genesis in 2009.
https://coingape.com/denmark-to-implement-worlds-first-crypto-unrealized-gains-tax/
The Linea snapshot for the Testnet Voyage NFT was taken
https://x.com/LineaBuild/status/1849121817434218606
Ubisoft launched its first original NFT game called Champions Tactics: Grimoria Chronicles on Oasys
https://x.com/championsverse/status/1849058476695191610
Decentralized Oracle provider Chainlink will introduce a new blockchain payment solution for financial institutions.
In collaboration with Swift, a global messaging network used by banks and institutions, Chainlink revealed a new integration enabling institutions to use Swift messages to interact with blockchain technology.
The integration will enable digital asset settlement with minimal adjustments to existing infrastructure while establishing a bridge between decentralized finance (DeFi) and traditional finance (TradFi).
https://cointelegraph.com/news/chainlink-cofounder-unveils-blockchain-payments-tradfi
India's regulators favor banning private cryptos like Bitcoin, citing CBDCs' advantages. They stress CBDCs' potential for financial inclusion and safety.
https://www.hindustantimes.com/india-news/cbdc-has-an-edge-on-bitcoin-ether-experts-to-govt-101729538716941.html
💧 Top Node Sales Calendar
👉 https://dropstab.com/insights/latest-fundraising-rounds
SEC chair wishes Bitcoin a ‘sweet sixteen’ for white paper anniversary
https://cointelegraph.com/news/sec-chair-bitcoin-white-paper-anniversary
Aurum Equity Partners Launches $1B Tokenized Equity and Debt Fund Using Zoniqx and XRP Ledger Technology
https://www.einnews.com/pr_news/753877719/aurum-equity-partners-launches-1b-tokenized-equity-and-debt-fund-using-zoniqx-and-xrp-ledger-technology