FOMO HOUR EP213. Memecoins take off, funding stays low, China stocks keep on rising!
Many altcoins & memecoins soar despite stable BTC. Funding rates continue to be low or negative. Crypto funds saw $147m of outflows last week. BTC remains best performing major assets this year. SUI breaks into the top 20 coins again. TAO leads top 100 away from memes, sifu shorts. $100m bridge to SOL over the last 7 days. Metaplanet buys $6.7m more BTC. ETH proposal aims to improve throughput 50%. EIGEN, OP, APT lead token unlocks this week….
Read more →
Altcoins sink, BTC dominance nears cycle high. BTC in ‘three blind mice’ downtrend. Tron revenue hits record $577m in Q3. ByBit to launch trading of major stock indices. Franklin Templeton launch fund on APT. SWIFT banks to trial digital assets in 2025. Aerodrome hits $1bn TVL on Base. Cronje calls out Aerodrome for copyright. ETH ICO wallet sells $47m. SEC files appeal against Ripple ruling. EIGEN falls 20% on staking rewards FUD. FTX to auction off WLD position. Half of US voters think crypto ‘important’. North Korea ‘infiltrating’ crypto industry. Snowden challenged over SOL centralisation view. Top SEC official on crypto set to depart….
Read more →
Crypto drops as Middle East tensions flare. $500m liquidations in drop. BTC ETFs see largest outflows in a month. Fidelity ETH ETF sees 2nd highest outflow ever. SUI hits 6-month highs, bridge goes live on mainnet. Hashdex set to launch XRP ETF. Wormhole leads altcoin gains after Upbit lists. BTC miners hit record low profits in September Crypto hackers stole $750m in Q3. Telegram has been disclosing IPs since 2018….
Read more →
“The interest in alts is not just confined to L1s but also quite strong on meme coins,” one analyst highlighted….
Continue reading on https://decrypt.co/255130/bitcoin
Read more →
SUI leads L1 gains as TVL crosses $1bn. Altcoin market cap close to breaking downtrend. SEI becomes top chain for 1 month TVL growth. ETH ETFs sees 3rd largest inflow ever. SEC delays ETH ETF options decision. SOL took most of ETH outflows over last 3 months. SOLETH continues to be trading at resistance. $8.1bn BTC options to expire this week. BTC heading to $500k-$1m in a year: PlanB. Stablecoin supply hits new ATH. Caroline Ellison sentenced to 2 years in jail. SBF & Diddy in the same jail. SEC settles against TUSD for not being collateralised. Gensler gets derided for crypto approach. Hester Pierce admits flaws in SEC crypto policy. Harris against regulation by litigation: Cuban. Golem claims ETH move to CEXs due to staking. Binance refutes data leak claims. Next Y combinator batch has ‘no crypto companies’. Celo overtakes Tron for stablecoin addresses….
Read more →
Crypto falls on macro wobble, Yen fears. OI wiped in BTC drop to $56k, funding negative. Altcoins down 13% YTD, stablecoin supply up 30%. BTC mining profitability at record low: JP Morgan. FBI says North Korea targeting BTC ETF issuers. Trump family to launch DeFi project on ETH. Trump project linked to AVAX’s Dough Finance. Trump family members hacked during launch. AI coins underperform after Nvidia investigation. MATIC upgrade to POL begins. TON falls as Telegram faces issues in many countries. VC funding & BTC correlation breaks down. We have entered crypto’s ‘corporate phase’. Gensler will leave regardless of election: Ripple CEO. Harris campaign has asked Coinbase for advice. Penpie DeFi project hacked for $27m. Galois Capital settles with SEC over FTX custody….
Read more →
Binance’s BNB led the charge with a 7% gain as altcoins saw a resurgence during early European trading hours Tuesday….
Continue reading on https://decrypt.co/245467/binance-coin-bnb-jumps-7-leads-xrp-and-tron-in-altcoin-surge
Read more →
“Even though we’re cautious about Bitcoin’s upside potential in the short term, this hedging strategy remains promising,” the firm wrote….
Continue reading on https://decrypt.co/245310/hedge-bitcoin-exposure-by-shorting-altcoins-during-murky-market-says-analyst
Read more →
ETH leads gains in majors, ETHE outflows slowing. Putin signs crypto mining bill. Tether mints another $250m on SOL. Tether plans to double staff to improve compliance. Turkey sees surge in exchange applications. SEC plans to appeal XRP ruling. Franklin Templeton launches fund on ARB. SUI leads altcoins after Grayscale fund announced. TIA rises 20%, will launch mainnet in September. STX will launch final Nakamoto Code this month. Coinbase questions CFTC prediction market rules….
Read more →
Bitcoin hits $50k, liquidations hit $1bn in sell-off. Macro sell-off and end of Yen carry trade blamed. Multiple altcoins hit cycle or all-time lows. Bitcoin dominance rises to cycle-high of 58%. Robinhood halts 24hr trading. Crypto funds saw $528m outflow last week. Justin Sun denies liquidation rumours. Jump Trading continues to liquidate holdings. Ethena founder confirms protocol has ‘zero issues’. Binance launches native KAS mining. Cycle hasn’t even started yet: Cobie….
Read more →