Bitcoin: ProCap Appoints Ex-US Financial Chair
ProCap BTC appoints Jeb Hensarling, ex-US House Financial Services Chair, as senior advisor to enhance Bitcoin treasury operations with regulatory expertise. #Update #Legal #Bitcoin
Ethereum Thrives on South Korean Retail Traders
Ethereum’s recent underperformance against Bitcoin has raised concerns, with $6 billion from South Korean retail investors allegedly supporting Ethereum treasury companies. ETH is down 1.9% in 24 hours and 5% against BTC over the past month. #Update #Crypto $ETH
Bitcoin Bull Market Predicted Amid Uptober Rally
Billionaire hedge fund manager Paul Tudor Jones anticipates significant price gains in financial markets, including Bitcoin, driven by optimism and liquidity, as BTC hits a new all-time high above $125,000. #Update #Crypto $BTC
Bitcoin Strategy Boosts Saylor’s Long-Term Bet
@MicroStrategy has accumulated 640,031 $BTC valued at over $73 billion, employing innovative financing methods to maintain its position as a major corporate holder of Bitcoin. #Update #Crypto $BTC
Crypto Shares Surge on $59M Winklevoss Deal
@LeapTherapeutics announces a $59M private placement led by Winklevoss Capital to acquire cryptocurrency for its balance sheet, aiming to join public companies holding digital assets. #Update #Crypto
Bitcoin Absent Strategy Pays $140M Dividends
Strategy paused Bitcoin purchases, making $140M in dividend payments. Its Bitcoin holdings’ fair value rose by $3.9B in Q3. Shares increased 2.8% to $361.
TRX Volume Cooldown Signals Smart Accumulation
TRX shows strength as trading volumes cool, hinting at a potential breakout amid Bitcoin’s rally. Analyst Darkfost sees smart money accumulation ahead of possible acceleration. #Update #Crypto $TRX
Galaxy Digital Launches Nationwide Asset App
@GalaxyDigital launches Galaxyone, a platform allowing users in all U.S. states to trade cryptocurrencies and stocks in one app. #Update #Finance
Robinhood Outage Disrupts Millions of Users
Robinhood experienced a platform outage affecting many users on Oct. 6, following its recent expansion of crypto offerings and listing of Bitcoin-backed financial products. #Update #Finance
Bitcoin Sees Record $6B Inflows Amid Shutdown
Digital asset investment products saw record inflows of $6 billion, driven by macroeconomic concerns from the US government shutdown and weak jobs data, with Bitcoin capturing $3.55 billion. #Update #Crypto $BTC
Galaxy Digital Launches GalaxyOne Investment Platform
@GalaxyDigital launches GalaxyOne, a platform for individual investors offering 8% APY for accredited users, integrating crypto trading, stock brokerage, and high-yield deposits. #Update #Crypto $BTC $ETH $SOL
Ethereum Demand Soars as Korean Retail Drives Prices
Korean retail investors are driving Ether’s price momentum, with $6 billion in capital influencing its value just 7% below its all-time high. Ether’s “Kimchi premium” indicates rising demand among these traders. #Update #Crypto $ETH
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
Bitcoin: Galaxy Launches Rival Crypto Platform
Galaxy Digital launches GalaxyOne, a platform for individual investors, offering 8% APY to accredited investors and 4% APY on FDIC-insured cash deposits. #Update #Crypto