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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
🇺🇸🤖 #AI The US Treasury said it used AI to analyze data and recover $4 billion in “fraud and improper payments” in fiscal year 2024. cointelegraph.com
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🇰🇪🕹 #AI The Kenya Revenue Authority (KRA) is proposing a system integrated with exchanges that will track all cryptocurrency transactions for tax purposes. It is also considering using AI to combat tax evasion. news.bitcoin
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📈 Crypto activity and usage hit all-time highs
▪️ In the annual report, it is stated that the demand for digital assets is growing, even in the absence of clear regulatory frameworks in most countries.
▪️ In September, 220 million addresses interacted with blockchain technology at least once, which is three times more than at the end of 2023.
▪️ A key factor driving growth is the broader adoption of stablecoins—digital tokens pegged to traditional currencies.
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📝👀 #TRX #SUN Messari submitted review of Tron's Q3 status. Nearly a third of Tron's record $151 million quarterly revenue came from SunPump in the two-week period. messari.io
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😨📉 #ETH VanEck Head of Digital Asset Research: Ethereum's 'changing fundamentals' and growing use of L2 networks could have a huge impact on the future price of ETH. Instead of rising to $22,000 by 2030, the price of ETH will fall 67% to $7,300 if the “current reality” continues. decrypt
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🥳🎁 #WUKONG WuKong launched whitelist checker for receiving airdrops.
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🚨 $15 Friday Solana Giveaway! 🚨
Like & retweet on X for a chance to win $15 in SOL!
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🔗 https://x.com/Crypto_Inside_/status/1847142870513324082?t=wnpV9W3X8sH8KUkZMfMzng&s=19
🥳 #BTC #SOL Solv will launch a BTC staking token on Solana. cointelegraph
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🔎🎁 DropsTab: Ongoing Testnets with Potential Airdrop
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🥳 #YGG YGG expand business beyond games and are launching a new project “FoW”, which provides opportunities for decentralized earnings.
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🥳 #SCR Binance will stop pre-market trading of Scroll and list the token for spot trading by adding a start tag. binance
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⚖️🍿 #XRP The SEC has filed a “Preliminary Statement of Civil Appeal” or Form C against Ripple. the block
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🔝 Top 10 Ethereum Layer 2 Blockchains by Fully Diluted Valuation
Scroll's market cap and fully diluted valuation are based on pre-market data
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📊💪 #BTC is the 6th largest monetary asset in the world
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🗣 #XRP Ripple IPO possible after SEC litigation, but not a priority yet - Ripple CEO. coingape
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📊 The total value of high-risk loans (loans within 5% of their liquidation price) rose to $55 million, reaching the highest level since June 2022. coindesk.com
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🥳📈 #BAKE BakerySwap: A new project is preparing to launch on Launchpad. We will also introduce a mechanism that ensures that the token price does not fall below the starting price.
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📝 #ETH According to review Blockworks, almost 70% of institutional investors holding Ethereum have taken part in staking.
30895
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🇲🇪🍿 Montenegro will decide on the extradition of Do Kwon this weekend. cryptoslate.com
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🇺🇸👀 Arkham: Trump's cryptocurrency holdings have increased by $6.1 million since the beginning of this year. Over 65% of his current assets are memcoins, with his largest position being #TRUMP. #memecoin
World Liberty Financial also published a document from which it follows that Trump will receive 75% of the net proceeds of the project without any liability. It is also stated that the project and tokens “are not associated with any political activities.” #WLFI cnbc
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🕵️♂️ Whales are accumulating #EIGEN.
1. BlockTower Capital withdrew another 372,578 #EIGEN ($1.18 million) from FalconX 2 hours ago! This added to their 7-day accumulation of 1.02 million EIGEN ($3.57 million) from Wintermute and FalconX with an average price of $3,482. EIGEN is now their third largest asset.
2. Whale staked 1.63 million EIGEN ($5.47 million) an hour ago. He spent 2,471 ETH ($6.03 million) to buy 1.63 million EIGEN at $3.71 on October 8th and 9th and is currently down $560k (1, 2).
3. 5 hours ago whale brought out 209 thousand EIGEN (~662 thousand $) from Binance.
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🥳 #GOATWintermute become third largest holder of GOAT, owning 1% of the total supply of tokens.
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🍿👀 #RDNT Radiant Capital: This security incident is extremely complex. The FBI joined in to track and freeze the stolen assets.
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🕵️♂️Arca brought out 20,527 #AAVE (~$3.19 million) and 8,170 #BNB (~$4.84 million) from Binance 10 hours ago.
Arca has been trading AAVE since four years ago and often interacts with market makers such as Galaxy Digital and Genesis Trading. AAVE has now become their second largest asset.
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📊 Santiment: Litecoin rose above $73 for the first time since July. This was due to two main factors:
- Continued growth in #LTC transaction volume, which almost crossed $4 billion in one day;
- Growing interest in LTC in retail as a result of ongoing chain development and initiatives.
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🇺🇸🥳 #BTC #ETF $1.3 trillion asset manager Morgan Stanley reveals $272 million worth of BTC-ETF assets.
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🔐 Ratio of value locked in stablecoins and #ETH on various L2 networks
Arbitrum (TVL $13.2 billion):
- ETH: $3.8 billion
- Stablecoins: $4.6 billion
- Other assets: $4.7 billion
Base (TVL $7.3 billion):
- ETH: $1.6 billion
- Stablecoins: $3.5 billion
- Other assets: $2.1 billion
TVL on other Layer 2 networks ($14.22 billion):
- Optimism: $6.2 billion
- Blast: $1.42 billion
- Scroll: $1.39 billion
- Other networks: $5.18 billion
Balance between locked Ether and stablecoins for this group:
- ETH: $10.92 billion
- Stablecoins: $10.65 billion
Conclusion from Ethereum Daily: "It seems people are hoarding stablecoins to buy the dip."
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🔥 BULLISH: 💰 BlackRock’s $IBIT bought $311.7M worth of #Bitcoin on Oct. 17
IBIT's total inflows this week have almost hit $1B!
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🥳👀 #XRP SEC Takes Next Steps to Appeal Previous Ripple Ruling as Case Continues theblock.com
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📉 Santiment: There was a major increase in memecoin discussions yesterday as coins like #DOGE and #BONK were surging.
Typically, markets correct when focus shifts away from layer 1's and toward more speculative assets due to greed. Today, unsurprisingly, market-wide dips are occurring.
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