Blur Announces Frontend Shutdown; BLUR Drops
@blur_io says its website will close November 12, while its on-chain marketplace remains live. Blend will stop matching new loans that day; $BLUR fell 29% after the announcement. #Update #NFT
Token Distribution
About the process of distributing tokens, including initial coin offerings (ICO), security token offerings (STO), and other forms of token sales
Altcoin cap’s $134B 15-day drop tests altseason
Analyst Darkfost estimates $134 billion exited altcoins amid profit-taking. Just 51.6% of @Binance-listed altcoins remain above their 200-day moving average, signaling a fading rally. #Update #Crypto $BTC
Bitcoin Futures Open Interest Drops to $7.68B
Bitcoin futures open interest fell 0.69% to $7.68 billion, with a positive funding rate of 0.0035%. Solana’s open interest also dropped 4.25% to $929.5 million. #Update #Crypto $BTC
Bitcoin ETFs Add $5M as Ether Drops $60M
Blackrock’s Bitcoin ETF gained $17M, but overall crypto ETF demand is weak. Ether ETFs lost $60.22M, Solana saw heavy selling, while NEAR attracted capital. #Update #Crypto $BTC
Bitcoin Mining Pool Closes After 65% Hashrate Drop
@Binance will cease mining pool operations in four weeks, impacting users needing to redeem positions and complete identity checks by Nov. 24. This follows other pools shutting down amid declining hashrate. #Update #Crypto $BTC
SEC Risks SkyAI Offer if SOL Drops Below $100
@SkyAI has secured about 80% of the cash for its $3/share tender offer, contingent on $SOL closing above $100 during the period. The offer may begin around Oct. 15. #Update #Crypto $SOL
Securitize Stock Surges 10% After Token Launch
@Securitize shares rose 10% after launching tokenized US stocks on Solana, including Apple and Tesla, with trading starting during extended hours. #Update #Crypto $SECZ
Bitcoin Drops 4% Nears One Month Low
@NFL challenges CFTC’s oversight of prediction markets, arguing it undermines state regulations and integrity of games. Ex-CFTC head Gary Gensler supports this stance. #Update #Legal $BTC
XRP Treasury Launches Public Offering Soon
Evernorth, backed by Ripple and others, will go public on Nasdaq as the largest XRP treasury after raising over $1 billion; trading starts October 8 under “XRPN.” #Update #Crypto $XRP
Ethereum JUMP Token Sale Launches on Legion
@Jumper, with over $40B in lifetime volume, announces its first JUMP token sale as it spins out to become an independent super-app for onchain finance. #Update #Crypto
Bitcoin and Nasdaq Futures Drop Amid Iran Tensions
Bitcoin surged 42% in Q3 despite geopolitical tensions, while Trump rejected Iran’s proposal to pause fighting. Analysts eye $83,800-$84,000 support and $85,000-$85,800 resistance. #Update #Crypto $BTC
Ethereum Powers Ondo’s Onchain Token Launch
@OndoFinance launches three tokenized portfolios using BlackRock-designed strategies, offering onchain investment products. Access limited to non-U.S. eligible investors. #Update #Tokenization
Bitcoin Long Liquidations Hit $280M Drop
Bitcoin ($BTC) rejected near $87,000, correcting below $84,000 and causing $280 million in long liquidations; key support at $82,000 noted amid negative spot demand trends. #Update #Crypto $BTC
Bitcoin Surges to $79K as Oil Drops
Bitcoin ($BTC) surged to $79,000 as President Trump hinted at a potential end to the Iran conflict, impacting oil prices and raising Fed rate hike odds to 92.7%. #Update #Crypto $BTC