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https://icodrops.com/ - Simple and beautiful ICO Calendar with independent ratings & analytics. With us it's impossible to miss the next great #ICO. 🚀 Contacts: @icodrops_support (for any questions)
The crypto market is down
BTC Dominance - 56.20%
Market Cap - $2.14T
BTC - $60,865.29 (-2.45%)
ETH - $2,395.3 (-2.07%)
BNB - $569.5 (-1.24%)
SOL - $139.83 (-2.88%)
INJ - $19.56 (-1.35%)
TON - $5.09 (-2.26%)
EIGEN - $3.66 (-3.31%)
SUI - $1.87 (-4.38%)
https://dropstab.com
VanEck launches $30M fund to invest in early-stage fintech, crypto, and AI startups.
https://x.com/cointelegraph/status/1844009419538845818
Binance will support the Pepper (1000PEPPER) airdrop for Chiliz (CHZ) holders.
First snapshot time: 2024-10-10 00:00 UTC
Second snapshot time: 2024-10-17 00:00 UTC
Third snapshot time: 2024-10-24 00:00 UTC
Fourth snapshot time: 2024-10-31 00:00 UTC
The airdropped 1000PEPPER amount for each user holding CHZ will be calculated based on the ratio of 1 CHZ = 150 (1000PEPPER), where 150 (1000PEPPER) will be airdropped for every 1 CHZ.
https://www.binance.com/en/support/announcement/binance-will-support-the-pepper-1000pepper-airdrop-for-chiliz-chz-holders-b88053b099c244bbac2b8c6c2c54601f
Sophon will launch its mainnet in November
https://x.com/sophon/status/1843673098194948416
Spot ETF Flow on 8.10: BTC-ETF -$18.66M, ETH-ETF -$8.19M
https://sosovalue.com/assets/etf/us-btc-spot
Crypto investment firm Canary Capital filed a registration statement with the U.S. Securities and Exchange Commission for a spot XRP exchange-traded fund
https://www.theblock.co/post/320158/canary-capital-files-for-a-spot-xrp-exchange-traded-fund-with-the-sec
Based on current prices and the potential implications of Donald Trump winning the U.S. presidential race, Standard Chartered's Geoff Kendrick forecasts that by the end of 2025, solana's price could increase fivefold, ether could rise fourfold, and bitcoin could triple in value.
He also said that if Kamala Harris were to become president, he expects bitcoin to outperform ether, which, in turn, would outperform solana. "In U.S. dollar terms, we anticipate Ethereum reaching the $7,000 level by the end of 2025 in a scenario where Kamala Harris is president," he added. Kendrick envisions bitcoin rising to $200,000 by the end of 2025, regardless of the election outcome on Nov. 5.
https://www.theblock.co/post/320063/standard-chartered-says-solana-price-could-surge-fivefold-by-end-of-2025-if-trump-wins-presidency
Babylon Bitcoin Staking Phase-1, Cap-2 is now open
Pending stake: 18.7K BTC ($1.16B)
https://btcstaking.babylonlabs.io/
https://x.com/babylonlabs_io/status/1843710945438441621
The Jupiter mobile app is now available on iOS
https://x.com/JupiterExchange/status/1843637488138760379
Native USDC has officially launched on Sui
https://x.com/circle/status/1843637747212591328
Scroll introduced its tokenomics and SCR launch date
Total Token Supply: 1,000,000,000 SCR
Airdrop Snapshot Date: October 19, 2024
Token Launch Date and Airdrop Claim Availability: October 22, 2024
https://x.com/Scroll_ZKP/status/1843638328459178043
Alchemy Pay Introduces Samsung Pay Integration for its Crypto Virtual Card
https://alchemypay.org/news-and-press/alchemy-pay-introduces-samsung-pay-integration-for-its-crypto-virtual-card/
The Supreme Court has denied a Certiorari petition which paves the way for the US Government to sell 69,370 BTC.
These are part of the bitcoins which were seized for the Silk Road marketplace.
https://coingape.com/bitcoin-news-us-government-could-soon-sell-69000-btc-heres-why/
Binance will perform a conversion of the below tokens to USDC based on users’ holdings in their Binance wallets at the snapshot time of 2024-10-29 00:00 UTC.
The conversion will be completed and an equivalent amount of USDC will be credited to users’ Binance wallets by 2025-04-28 23:59 UTC.
Users may withdraw the airdropped/delisted tokens as shown below before 2024-10-28 23:59 UTC, after which withdrawals will become unavailable.
List of Impacted Tokens: Vai (VAI), Tornado Cash (TORN), OMG Network (OMG), Waves (WAVES), NEM (XEM), BarnBridge (BOND), Dock (DOCK), Mdex (MDX), Polkastarter (POLS), Pundi X PURSE (PURSE).
https://www.binance.com/en/support/announcement/notice-on-the-withdrawals-of-delisted-tokens-conversion-of-selected-tokens-to-usdc-2024-10-08-1657c0d30d5449908e8e20d9efa893a2
Spot ETF Flow on 7.10: BTC-ETF +$235.19M, ETH-ETF $0M
https://sosovalue.com/assets/etf/us-btc-spot
Hex Trust joins forces with Clearpool to launch Ozean
Hex Trust is a fully-licenced digital asset custodian with $5 billion in assets under custody attained.
https://x.com/ClearpoolFin/status/1843652666381218232
🚀 Sui Foundation & ⚡️ Aptos Labs Recent Investments
👉 https://dropstab.com/insights/latest-fundraising-rounds
Binance will list BNSOL and open trading for BNSOL/SOL at 2024-10-10 08:00 UTC.
https://www.binance.com/en/support/announcement/56398cfbd9c4419d9c0b54a0d1da2a7b
Google has officially integrated ENS, allowing users to search for any .eth name and check associated balances directly within Google Search.
https://x.com/ensdomains/status/1843762763300254116
New HBO documentary claims Peter Todd is Bitcoin creator Satoshi Nakamoto
Peter Todd, an early Bitcoin developer, denied to CoinDesk that he is Satoshi Nakamoto, the pseudonymous creator of the original cryptocurrency.
https://www.coindesk.com/business/2024/10/08/former-bitcoin-dev-peter-todd-denies-hes-satoshi-hours-before-hbo-documentary-airs/
https://thetvapp.to/tv/hbo-east-live-stream/
Babylon Cap-2 Completed
Total staked: 22891 BTC
Delegations: 12.96K
Stakers: 12.57K
Total fees: 1.56 BTC
https://x.com/babylonlabs_io/status/1843795314282770869
The crypto market correction
BTC Dominance - 56.37%
Market Cap - $2.19T
BTC - $62,388 (-0.48%)
ETH - $2,452.7 (+0.51%)
BNB - $576.6 (+1.13%)
SOL - $144.47 (-0.36%)
INJ - $19.84 (-4.35%)
TON - $5.21 (-0.4%)
EIGEN - $3.7 (+8.31%)
SUI - $1.95 (-7.33%)
https://dropstab.com
Japan’s largest telco company NTT Digital has officially joined Injective as its latest validator
https://x.com/injective/status/1843651046788518195
Babylon: “Blocks are speeding up!
We're about 4 hours away from the Cap-2 launch!
Estimated start time: 6PM UTC.”
https://x.com/babylonlabs_io/status/1843663040522399798
Crypto.com sues SEC after receiving a Wells notice from the agency
Crypto.com says its lawsuit asserts that the SEC has overexpanded its jurisdiction while also pushing back on the agency's claim that most cryptocurrencies are securities.
https://www.theblock.co/post/320052/crypto-com-sues-sec-after-receiving-a-wells-notice-from-the-agency
STRK staking is now live on Starknet Sepolia
STRK staking will launch on Mainnet in a few weeks.
https://x.com/Starknet/status/1843618593264877635
📈 Sui VS Aptos: Price Comparison Last Year
💧 DropsTab
Binance has announced the 60th project on Binance Launchpool - Scroll (SCR)
Users will be able to lock their BNB and FDUSD to receive SCR Airdrops over two days, with farming starting from 2024-10-09 00:00 UTC.
Binance Pre-Market will then list SCR at 2024-10-11 10:00 UTC and open pre-market trading for the SCR/USDT trading pair.
https://www.binance.com/en/support/announcement/22df1ba38f4a4033924a1adecf93735e
Arthur Hayes has introduced a new article "PvP"
Highlights:
1. PvP, or “player vs. player,” is a phrase used often by shitcoin traders to describe this current market cycle. This contradicts the original idea behind cryptocurrencies.
2. New tokens launched this year have performed poorly for retail investors, but not for venture capital (VC) firms. The result has been the launch of a plethora of high, fully diluted value (FDV), but low circulating supply projects.
3. Listing on major exchanges does not guarantee token price growth. The data shows that tokens do not "pump" regardless of the exchange.
4. Projects must cut their valuations at launch by 40% to 50% to become attractive on a relative basis.
5. VCs are interested in accumulating assets and receiving management fees, rather than in the real return on investment. This leads to overestimation of projects.
6. The CEXs want a high FDV for two reasons. The first is that trading fees are charged as a percentage of the token notional. The higher the FDV, the more revenue and fees are earned, whether the project pumps or dumps. The second reason is that a high FDV and low circulating supply are good for exchanges because plenty of unallocated tokens can be given to them.
7. Listing on major exchanges is expensive: up to 16% of the total token supply and $5 million in BNB's purchase for Binance.
8. Projects need to make sure that their users/token holders get rich as the project succeeds.
9. An alternative is needed: launch with a low valuation on DEX to attract users and allow them to grow with the project.
10. Auki Labs. They didn’t have CEX on the first date. Instead, they listed a relatively low-FDV token starting on DEX.
https://cryptohayes.substack.com/p/pvp
US bankruptcy judge approves FTX reorganization plan, two years after the exchange's collapse
Judge John Dorsey in the U.S. Bankruptcy Court for the District of Delaware decided to approve the plan during a hearing on Monday in a move to start distributing funds to creditors. Under that plan, 98% of creditors will receive at least 118% of their claim value in cash.
After the news, the FTT price increased by ~50% and then decreased again. It is now trading at $2.43.
https://www.theblock.co/post/319909/us-bankruptcy-judge-approves-ftx-reorganization-plan-two-years-after-the-exchanges-collapse