💰 Vlayer raised $10 million in a pre-seed funding round from a16z, Credo Ventures, BlockTower, and others. theblock
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🐶📈 #DOGE Despite the recent price dip, the Dogecoin network is still expanding, adding over 35,000 new DOGE addresses daily.
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🕵️♂️ #SCR Whale Christian2022.eth transferred 644,852 SCR ($368,000) received during the airdrop to Binance
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JUST IN: 🇺🇸 State of Michigan pension fund still HODLs its $7 million in 💰 Bitcoin ETFs, SEC filing reveals
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📊👀 CCdata: While the #USDT market capitalization increased by 0.57% over the month and reached ATH (>$120 million billion), capitalization of #USDC and #DAI fell by 4.43% and 2.43% respectively.
At the same time, #USDE capitalization from Ethena Labs increased by 3.04% to $2.61 billion
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📊👀 RootData: October's total funding reached $780 million, a 28% increase from September ($610 million). 95 publicly announced Crypto VC investment projects in October, down 3% from September. Stripe acquired Bridge for $1.1 billion. Blockstream raised $210 million through convertible notes.
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🇰🇷 #BTC South Koreans are paying 2.2% higher prices for Bitcoin as #FOMO kicks in. The "Kimchi Premium" is back.
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🙋♂👀 #BICO Biconomy purchased Klaster, a blockchain abstraction specialist, to create a modular execution environment (MEE).
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📈👀 #TRX The transactions on Tron network reached 238.6M in October, an 8.15% increase from September, marking eight consecutive months of growth.
And transactions on Tron network reached a one-year high of 10.46M on October 24.
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📊👀 #BTC C.Q.: Long-Term Holders (LTH) are showing minor selling activity, which is being actively absorbed by Short-Term Holder (STH) demand.
The average purchase price for LTH is $24.5K, with holders realizing a 2.7x ROI.
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📈👀 #BTC Over 15% of all Wrapped Bitcoin is now staked, reflecting an ongoing rise in demand for Bitcoin yield-generating options like staking.
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🕵️ #ENS Early Investor Ethereum Name Service transferred on Binance 154,000 ENS worth ~$2.4 million.
There are 2.02 million ENS left in his wallet ($32.3 million)
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💰 Zodia, the digital asset custody arm of Standard Chartered, is in talks to raise $50 million in funding. bloomberg
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🇺🇸 JUST IN: Crypto whales place major bets on a Trump victory ahead of the US election, holding over 50% of “Yes” shares on prediction markets.
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🗽👀 #BTC #ETF Michigan State Pension Fund owns BTC-ETF worth >$6.9 million. sec.gov
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🇬🇧🗣 #BTC UK pension fund advisor Cartwright: Bitcoin has a unique asymmetric risk-return profile. A small allocation can have a big positive financial impact.
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💰🤝 #TON Accelerator introduced Synergy is a $5 million initiative aimed at promoting cross-chain innovation between the TON network and its EVM partner Mantle.
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📈👀 Theblock Analyst: Most crypto market indicators increased in October: The total volume of transactions on the network increased by 28.1%; #NFT market volume on Ethereum +26.5%; trading volume on CEX +16.3%; open interest in futures - ATH.
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🙋♂👀 #SKY #MKR Co-founder of Sky (formerly MakerDAO) trains a proposal for “strictly deflationary tokenomics” to stop the issuance of tokens and reduce the overall supply.
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📊 DropsTab: Top Tokens by FDV (Fully Diluted Capitalization) Issued in the Last 30 Days
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⛏️🤔 #BTC Mining Difficulty and Hashrate Hit ATHs Amid Growing Competition - CryptoQuant
Without sufficient transaction fees to support these costs, the burden on miners could grow significantly, potentially impacting the sustainability of the mining ecosystem.
🐹📉 Hamster Kombat loses nearly 260 million players in just three months. protos
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🇵🇰🥳 Pakistan moves to legalize crypto with new amendments to the SBP Act. cryptonews
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🇪🇺⛏️ #BTC Deutsche Telekom in collaboration with Bankhaus Metzler is launching a pilot project to operate a Bitcoin mining infrastructure using surplus energy. source
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📊📈 #BTC What will drive the market up this week:
✅ Demand for coins among STH
☑️ Donald Trump's victory
☑️ Fed's decision to lower the key rate by 25 bps
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🇺🇸🤔 CoinDesk: Historically, BTC has always risen after elections, so it doesn't matter who wins.
Bernstein analysts also forecast a target price of $200,000 by the end of 2025, regardless of the election outcome. However, a Harris victory could cause BTC to fall to $50,000. theblock
Previously they claimed that a Harris victory would lead to a drop to $30,000-$40,000.
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