SEC Approves Six Spot XRP ETF Applications
The U.S. SEC is set to rule on six spot XRP ETF applications between October 18-25, potentially allowing $XRP to join Bitcoin and Ethereum in U.S.-listed ETFs. #Update #Crypto $XRP
Crypto Treasury Risks Echo 2000s Dotcom Bust
Investor psychology remains unchanged since the dotcom bust, raising concerns about crypto treasury companies posing similar risks to the market. #Update #Crypto
Crypto Miner TeraWulf Raises $3B for Expansion
@TeraWulf plans to raise $3B in debt, backed by Google, to expand data centers amid growing AI demand. Shares fell 1.3% on Friday. #Update #Crypto $WULF
Google Robots Master Web Search Skills
Google’s DeepMind unveils Gemini Robotics models, enabling robots to plan, reason, and adapt tasks like sorting trash using online data. This marks a step toward general-purpose AI in robotics. #Update #Tech
Bitcoin Dormant Wallets Move $32M Surge
Dormant bitcoin wallets awaken, moving 294.56 BTC worth $32.24M back into circulation over 48 hours. #Update #Crypto $BTC
Ethereum: SWIFT Launches Stablecoin Token with Linea
SWIFT collaborates with Linea to test onchain messaging and develop an interbank settlement token, marking a significant move towards blockchain integration in global finance. #Update #Blockchain
Crypto Treasury Risks Echo 2000s Dotcom Bust
The crypto treasury narrative echoes the dotcom era, with predictions of many firms failing and offloading assets, while responsible management could help some thrive. #Update #Crypto $BTC
Gold Soars as China Seeks Custodianship
China aims to boost its global gold influence by offering to hold foreign central bank reserves, with interest from at least one Southeast Asian country. Spot gold recently hit $3,784.74 per ounce. #Update #Crypto $BTC
Hyperliquid Launches Blockchain Decentralized Exchange
Hyperliquid, a decentralized exchange specializing in perpetual futures, has processed $2.7 trillion in volume since 2023, becoming the third-largest DEX after PancakeSwap and Uniswap. #Update #Crypto
Bitcoin Futures Surge $77.45B Options Dominate
Bitcoin derivatives surge as futures open interest reaches $77.45B; options market eyes $110K strikes with bitcoin at $109,449. #Update #Crypto $BTC
TikTok US Profits: ByteDance Gains 50%
ByteDance will receive 50% of TikTok’s US profits under a Trump-approved deal, reducing its ownership to below 20% while Oracle secures US user data. #Update #Legal
UK Regulatory Clarity Boosts Economic Ambition
The UK government proposes a Draft Statutory Instrument to regulate crypto assets, but slow reforms and heavy compliance burdens risk stifling innovation and competitiveness in the sector. #Update #Crypto $BTC
Bitcoin Holds 15% of Assets on Mercado
Corporate clients, mainly SMEs, hold 10-15% of assets on @MercadoBitcoin, using $BTC and stablecoins for cash management amid inflation concerns. Institutional activity is reducing crypto market volatility. #Update #Crypto $BTC
Crypto Project Offers $28K for Skate Record
POIDH offers 10 million DEGEN tokens to break a Guinness World Record for kickflips, with the current bounty at $28,000. Professional skaters show interest. #Update #Crypto