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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 ✔️
📉 #USDT #USDC Global stablecoin supply is down 2.7% from its peak on August 30, 2024, but is expected to rise again as the US election approaches. The current stablecoin market capitalization is $170.93 billion. Crowdfundinsider
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👋🖼 #NFT Artist Beeple: NFT speculators have abandoned the market, leaving only a few core enthusiasts. decrypt.com
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🎮 #ADA Cardano Founder: Our next goal is to launch a Nintendo emulator on Hydra. news.bitcoin
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🇭🇰 The Hong Kong Stock Exchange will launch a series of virtual asset indices on November 15, 2024.
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🥶 The address storing >16.15 million #USDT on the Tron network was frozen.
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📉🤔 #ETH More than 300,000 Ethereum have been withdrawn from crypto exchanges in the past week—valued at approximately $750 million
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📊 #BTC #ETH #ETF Last week (October 21 to 25), the total net inflow of spot BTC-ETFs was ~$997.70 million.
The total net outflow of spot ETH-ETFs was ~$24.42 million.
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🇺🇸🍿 Morgan Stanley: The 2024 US presidential election could trigger significant market volatility due to delayed vote counting, economic uncertainty and unpredictable voter sentiment. news.bitcoin
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NEW: 🪙 BitcoinVoterPAC releases ad in support of Ted Cruz’s re-election campaign for US Senate 🇺🇸
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JACK MALLERS: 💰 Bitcoin is going to $250K-$1m in the next 12-18 months 🚀
This is happening regardless of who gets in office.
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🔎📊 The state of token unlocks for L1 and L2 chains, % of supply in circulation
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🤖🙋♂️ #AI CEO Tether presented a preview of Tether's Local AI development kit, privacy focused, powered by peer-to-peer technology.
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📈 #SOL Solana makes history, flipping Ethereum in 7-day fees for the first time.
Also Solana’s DEX volume for October surpasses Ethereum by $10B with only 3 days left until monthly close.
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⚡ NEW: 🪙 Bitcoin Policy Institute recent paper argued that central banks should adopt #Bitcoin as a reserve asset
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NEW: 💰 A solo Bitcoin miner has mined block 867,118, thus garnering a block reward of 3.329 BTC, worth $221,690 currently ⚡️
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🥳 #BTC Cathie Wood: The more uncertainty and volatility in the global economy, the more our confidence in BTC grows.
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📊 #ETH Vitalik Buterin has held the top spot in the “KOL mindshare” ranking on Crypto X over the past week amid a recent stream of criticism towards the blockchain and the Ethereum Foundation. cointelegraph
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🇺🇸 Elon Musk said he could help cut annual US government spending by $2 trillion if Donald Trump is elected president.
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🇯🇵🥳 #BTC Metaplanet purchased another 156.78 BTC.
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📊 On October 26, the Base network set a record for the total volume of stablecoin transfers in one day, ahead of other networks including Solana, Ethereum and Tron.
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🇭🇰 The Hong Kong government plans to launch a system for storing and licensing virtual assets next year. hk.on.cc
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🇰🇪⛏️ #BTC mining with hydro-power in Kenya, connected with Starlink
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💰 #USDT Tether's CEO announced that the company now has 82,454 #BTC ($5.5 billion) and 48.3 tons of gold ($3.8 billion).
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🇺🇸 #BTC #ETF American investors hold 4.9% of the total Bitcoin supply through spot ETF's
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📉 #BTC LTH (long-term holders) supply has been falling non-stop since October 7th Bitcoin
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🔍🐳 LoC: 3 whales bought and staked #SOL for ~$34.8 million in the last 6 days
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⚖️🤝 #FTT #MNT FTX has agreed to drop litigation against crypto exchange Bybit in a $228 million settlement that will let FTX recover a substantial portion of funds held on the platform. dlnews
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🥊📝 #ETH #SOL Ethereum Community Member Ryan Berkmans named 5 reasons why Solana cannot become the basis of the global financial system L2 and L1 apps:
- No real client diversity and probably won't ever have it on a meaningful timeline;
- Chain requires very high bandwidth (they recommend 10Gbps upload);
- Solana has a high risk of a future outage;
- Sol lacks economic decentralization. ~2% of SOL TGE/ICO was sold publicly;
- Focused on expanding L1, which does not contribute to decentralization.
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🖼📈 #NFT #SOL Over the past 7 days, NFT transaction volume on the Solana network has increased by 24.77% compared to the previous month.
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