Blockchain Pioneer Figure Gains Bernstein Outperform Rating
@Figure has been rated outperform by Bernstein with a $54 price target, highlighting its leadership in blockchain credit markets. Shares rose 2% to $41.10. #Update #Crypto $FIGR
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BNB Surges 4% to $1.2K Amid Demand
$BNB surged over 4% to $1,201 amid rising institutional interest and active addresses, with significant trading volume and a recent upgrade reducing gas fees. #Update #Crypto $BNB
Polymarket Predicts Long U.S. Government Shutdown
Polymarket bettors assign a 72% chance the U.S. Government will remain shut until Oct. 15, with $1.4M in volume; BTC recently rallied above $125K amid funding stalemate. #Update #Crypto $BTC
FLOKI Surges 23% with ETP Launch
FLOKI jumps nearly 23% after the launch of the Valour Floki SEK ETP on Sweden’s Spotlight Stock Market, marking it as the first BNB Chain token with an ETP. #Update #Crypto $FLOKI
Stablecoin A7A5 Exhibits at Token2049 Despite Sanctions
A ruble-backed stablecoin, A7A5, linked to a sanctioned Russian bank, sponsored Token2049 in Singapore, raising compliance concerns as Bitcoin hits $125K amid ETF inflows. #Update #Crypto $BTC
Solana Launches Major Architectural Changes
@Solana is set for a significant upgrade, Alpenglow, enhancing transaction finality to 150 milliseconds and reducing validator costs, aiming for improved efficiency and decentralization. #Update #Crypto $SOL
Bitcoin Survey Reveals 77% Ignoring BTCFi
BTCFi struggles as 77% of Bitcoin holders haven’t tried its platforms, despite 73% expressing interest in yield opportunities. Awareness remains low, with 65% unable to name a BTCFi project. #Update #Crypto $BTC
SWIFT Launches Blockchain Impacting Stablecoins Globally
@SWIFT is developing a shared ledger platform for banks to settle transactions with stablecoins and tokenized assets, engaging over 30 financial institutions. #Update #Crypto $USDC
Crypto Crashes as Fed’s October Move Looms
The Federal Reserve’s Oct. 28-29 meeting faces uncertainty due to a government shutdown delaying key labor data, impacting market expectations for a potential 25 basis-point rate cut. #Update #Crypto $BTC
Stablecoin Needs Stronger Attestation Reports
The USD1 stablecoin from @WorldLibertyFin has not updated its monthly attestation reports since July, raising transparency concerns as it competes with $USDC and Tether. #Update #Crypto $USDT
Bitcoin Gains as Robinhood Lists STRC Stocks
@Robinhood lists four preferred stocks from @MicroStrategy, including STRC, allowing retail investors to access bitcoin-linked products without diluting common stock holders. #Update #Crypto $STRC
Bitcoin Surges to Historic Highs 3 Key Levels
Bitcoin ($BTC) trades near record highs at $124,386.22; key levels to watch include $126,100 resistance, potential breakout target of $135,000, and significant call open interest at $140,000. #Update #Crypto $BTC
DOGE Surges 3% Back Above $0.26
$DOGE surged back above $0.26 after a mid-session drop to $0.248, with 2 billion DOGE accumulated by large holders in 72 hours, indicating potential breakout towards $0.30–$0.33 resistance. #Update #Crypto $DOGE
Bitcoin Surges Over $124K After $3.2B Inflows
Bitcoin $BTC surged to $124,112.70 amid a $3.24B inflow into U.S. spot ETFs, driven by safe-haven demand during the U.S. government shutdown. Other tokens gained 1-3%. #Update #Crypto $BTC