Bitcoin Surges Amid US Government Shutdown
@ForesightVentures announced a $50M fund for stablecoin infrastructure, focusing on issuance, exchanges, and compliance from Singapore. #Update #Crypto
Coinbase Launches $12K USDC Pilot NYC
Coinbase funds a New York pilot, distributing $12,000 in stablecoins to 160 low-income young adults via GiveDirectly to study crypto’s impact. #Update #Crypto $USDC
XRP Solana Surge with $1B Institutional Interest
CME launches XRP and Solana futures, each surpassing $1 billion in open interest within months, indicating strong institutional demand and potentially paving the way for options listings. #Update #Crypto $SOL $XRP
Bitcoin Price Predictions for October 1st
$BTC breaks above $117,500, eyeing a retest of $124,474; positive September close historically leads to 53% Q4 gains. Altcoins rally as buying pressure increases. #Update #Crypto $BTC
Canton Network Activity Surges with Validators
Canton Network’s validator activity has surged with major U.S. exchanges like @BinanceUS and @Gemini participating, processing over 500,000 daily transactions, surpassing USDC and USDT combined. #Update #Crypto $USDC
Libra Crypto Scandal TV Pilot Raises $150K
Gabriel Haines raises $150K for “The Max Extractor,” a dark comedy pilot inspired by Argentina’s Libra crypto scandal involving Hayden Davis. #Update #Entertainment
Bitcoin Boost: Tether Adds $1B to Holdings
Tether’s Bitcoin reserves grew by $1 billion after receiving 8,889 BTC from Bitfinex, increasing its holdings to $9.8 billion. #Breaking #Crypto $BTC
Bitcoin Ethereum ETFs Surge with $557M Inflows
Bitcoin and ether ETFs see $557 million inflows, with @BlackRock’s IBIT leading bitcoin and ETHA boosting ether. Institutional demand remains strong. #Update #Crypto $BTC
Bitcoin Surges with World Liberty Expansion
World Liberty Financial, backed by the Trump family, is expanding into tokenized commodities and debit cards, launching its USD1 stablecoin on Aptos to boost US Treasury purchases. #Update #Crypto
Ethereum Surges 50% Outperforming Market Since 2021
Ethereum closed Q3 with a 66.6% gain, hitting $4,953.73 in August, driven by $10B institutional inflows and record on-chain activity. #Update #Crypto $ETH
Grayscale Launches IPO Amid Legal Battles
Barry Silbert prepares for Grayscale’s IPO in 2025 amid legal challenges from Genesis’ bankruptcy, facing accusations from the Winklevoss twins about trust erosion in crypto. #Update #Crypto $BTC
Dogecoin Mining Fleet Boosted by $2.5M Investment
@ThumzupMedia has invested $2.5M in @DogeHash to expand its Dogecoin mining fleet, adding over 500 miners and aiming for 4,000 operational rigs by year-end. #Update #Crypto $DOGE
Binance Dollars Surpass 229% Inflation in Venezuela
Venezuela’s inflation hits 229%, pushing merchants to adopt USDT for pricing and transactions, effectively dollarizing the economy via stablecoins amid cash scarcity. #Update #Crypto $USDT
Bitcoin Faces Risks Despite Q4 Macro Tailwinds
Grayscale reports that macro demand and regulatory clarity are driving the crypto bull market, with potential risks from economic slowdowns and unexpected Fed rate hikes. #Update #Crypto $BTC