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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 ✔️
🔐 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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🙋♂ #ARB Arbitrum DAO offers allocate 2 million ARB to create a pilot program Arbitrum Token Swap, designed to increase loyalty to Arbitrum
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🧯✅ #OPEN After the effect of increasing monthly combustion OPEN did not live up to expectations, Open Custody DAO was approved offer use OPEN tokens intended for burning to purchase a new #OCP token on the open market and then burn them.
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🔥👀 #WLD World staff submitted plans to create "Orb 2.0": "The long-term goal remains to create an identity verification system that allows people to 'prove their humanity' anonymously online."
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🔝 Top assets in the accumulation zone #ONDO #W #WELL
Accumulation phase is signalled the assets's performance and key metrics in this phase, trading volumes are significantly higher than usual
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🍿🙋♂ #WLD Worldcoin is rebranding and will change its name to World (and World Network)
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🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +6,947 BTC (+$467.19M) 🟢
Blackrock inflows 5,802 BTC ($390.18M) and currently holds 380,972 BTC ($25.62B);
#ETH-ETFs:
NetFlow: +1,925 ETH (+$5.04M) 🟢
Blackrock inflows 4,544 ETH ($11.89M) and currently holds 424,166 ETH ($1.11B).
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💰 Michael Saylor explains why he thinks #Bitcoin is going to be 7% of the worlds capital and his long term forecast price at over $13M over 21 years 🚀
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🆕👀 #TURBO Coinbase International will add TURBO futures support October 24
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🐳 #XRP C.Q.: Binance is the top exchange used by XRP whales
Since late 2021, these large-scale traders have been consistently moving their XRP to Binance, & they have remained active on the exchange without shifting their assets elsewhere
🇺🇸📈 The Block: Polymarket betting volume on the winner of the US presidential election exceeded $2 billion.
In October, Polymarket's monthly volume grew 113.7% to $1.14 billion, up from $533.5 million in September.
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📈👀 The number of on-chain #USDT wallets has exceeded 330 million, and in Q3 2024, the number of users reached 36.25 million. It is worth noting that the integrated #TON blockchain, introduced six months ago, accounts for 3.3 million wallets.
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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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🔝 Santiment: The most notable projects that have seen the greatest network growth (creation of new addresses) this week #AAVE #KCS #ENA
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🇺🇸🙅♂️ X (Twitter) is buzzing with misinformation claiming that the SEC has filed a lawsuit against the founder of THORChain, likely due to confusion over the name. The #RUNE token has reacted by dropping in price.
There are NO new documents; there is only a lawsuit from 2022 against Thor Technologies and its founders (a different company).
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💰 Blockchain Capital led $33 million Series C for African exchange Yellow Card. the block
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SAYLOR: 💰 MicroStrategy "beat every single company in the S&P index using #Bitcoin strategy." 🙌
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🌐🖼 Web Traffic Spotlight in September: #NFT Marketplaces
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
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📉 #BTC on exchanges just hit a 5-year low
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💰 Liquidity Staking Protocol Drop completed $4 million seed funding round led by CoinFund.
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👮 The FBI has arrested the man behind the hack of SEC Twitter and the publication of a fake announcement about the approval of BTC-ETF
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💰 zkPass attracted $12.5 million in Series A funding from Animoca Brands, Amber Group and others.
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🗽 The official Polymarket app is ranked first in the Newspapers and Magazines category in the American App Store.
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📊 #BTC Over the past 18 days, the average demand for coins from Short-Term Holders (STH) has resumed, despite the fact that the supply change oscillator remains in the negative zone. The supply growth reached 15%, or 0.95% per day.
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