🇨🇳🔮 #BTC UBS: China may announce additional economic stimulus measures on October 8, closer to the release of Q3 economic data, or on October 18. Some analysts said the rise in Chinese stocks could force investors to withdraw funds from cryptocurrencies. gbcode.rthk
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📊 There are more #EIGEN in staking than in circulation - 242 million in staking versus 186 million in circulation. This is due to the fact that staking contains “locked” investor tokens.
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💰🦛 #HIPPO #SUI The HIPPO team is collaborating with Mu Dan Zoo (the hippopotamus the token is inspired by) and donated $150k to him. chainwire
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📊🖼 Weekly #NFT sales reach highest level since August. cointelegraph
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📊 #BTC NYDIG: Bitcoin remains the best-performing asset so far this year with a year-to-date gain of 49.2%. The upcoming US election on Nov. 5 will play a big part in market performance for Q4, and expects larger gains if Trump wins. Q4 is traditionally a bullish period for BTC and there are a number of catalysts that could see history rhyme. cointelegraph
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🍿 Bitget : #BGB today experienced unexpected volatility. Bitget will fully compensate for any loss of assets and provide a compensation plan within 24 hours
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🇺🇸🍿 This week the Fed will release the minutes of its monetary policy meeting. The US will also release the unadjusted annual CPI in September, the annual PPI in September and the number of initial jobless claims. #macro
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📊 In September, ~200 crypto projects attracted >$820 million in funding. www.blockworks.com
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👀 #BGB is already in the top 10 for activity on X (Twitter)
30370
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🥳👀 #BTC Protocol Village: Bitcoin staking protocol Babylon will increase BTC limits this week as part of Cap-2 coindesk.com
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🇺🇸 SAYLOR: 💰 “Bitcoin is elegantly engineered to overcome the limitations of gold.”
#Bitcoin is the future. 🔥
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🙋♂️👀 UniSat has released its Q4 roadmap, including CAT20 support, major PizzaSwap updates, and more. docs.unisat.io
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🍿 ZachXBT accuses influencer Ansem of “Pump&Dumping” memcoins. He offered hundreds of low-market-cap memcoins to his 507,000 subscribers, most of which subsequently lost significant value. For example, #BODEN is down ~99% from its April high, #HOBBES, #ZEUS and #WYNN are also down ~98%. cointelegraph
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🤔 #BTC C.Q.: For the third time in 10 years, both the fast and slow RSI are simultaneously in the >80% zone on the monthly timeframe.
Meanwhile, the slow RSI dropped to 77% over a 6-month period after peaking at $73K, and is now back above 80%.
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🔓📝 According to TokenUnlocks, the single large-amount unlocking in the next 7d includes #APT, #OP, #TAIKO, #XAI, #ADA, etc., and the linear large-amount unlocking in the next 7d includes #SOL, #WLD, #TAO, #AVAX, #SEI, #NEAR, #DOT, #DOGE, #SUI, #FIL, #BEAM, etc. The total unlocking value exceeds $451m.
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📊 #ETH Matrixport: Ethereum revenues doubled from August to September. This suggests that the worst of the downturn may be behind us. If the trend continues, ETH could recover.
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🙋♂️ #ETH A new Ethereum proposal, EIP-7781, has been published, which involves reducing the Ethereum slot time from 12 to 8 seconds. theblock.com
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⚡️ NOVOGRATZ: 💰 "The next big jolt to Bitcoin is gonna be when we have options that trade on the ETFs."
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📊 #ETH Following the Dencun update, Ethereum network fees reached historic lows as L2 transactions skyrocketed due to lower fees. But with fewer fees, ETH became inflationary, reversing its recent deflationary trend.
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🇭🇰🕹 Hong Kong regulator: The 11 virtual asset platforms that applied will be licensed by the end of the year. #regulation hk01
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💼👀 #BTC Updated list of public companies that have adopted the ‘BTC-standard’ and are purchasing BTC for their balance sheet as part of a long-term HODL strategy
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💰 Bitcoin is "still the best performing asset" class in 2024 despite weak Q3: NYDIG
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📊📈 #ETH Post-Dencun, Ethereum Mainnet fees hit an all-time low as L2 transactions surged. EIP-4844 slashed L2 costs by 10x, driving record activity.
But with fewer fees burned, ETH has turned inflationary, reversing its recent deflationary trend.
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🇦🇪🕹 UAE cancel value added tax (VAT) on transfers and conversions of cryptocurrencies
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