🤔 #BTC C.Q.: If short-term speculators reduce the supply by 80K BTC, it will be significantly easier for the market to form a new bullish trend.

In other words, stop flooding exchanges with supply over the course of two weeks.

🍿👀 #WLD FTX auctioned 22.3 million locked Worldcoin tokens with a discount from 40% to 75%. Parties will be notified by tomorrow if their applications are accepted.

🔥 #WLD #AI OpenAI closes $6.5 billion funding round at a valuation of over $150 billion. bloomberg

🙋‍♂🤝 #EIGEN #ZRO LayerZero Labs in collaboration with Eigen Labs introduced decentralized verification network CryptoEconomic (DVN) Framework.

🔝 Top 10 Blockchains by TVL Growth in Q3 2024

📊👀 Glassnode report: The cohort of long-term holders is mainly in a mode of dominant retention and accumulation, while short-term holders saw a noticeable increase in their profitability.
By several measures, the average #BTC investor is in a better and more profitable position than they were just a few weeks ago and is experiencing less financial stress across the board.

📊 #ETH IntoTheBlock: 1.89 million Ethereum addresses acquired a substantial 52 million ETH around the $2,350 range, highlighting strong historical demand at this price level.

This zone could serve as a key support for Ether moving forward.

🔎 #SUI ecosystem highlights in 2024

Thanks to interest rate cuts, SUI led the market with strong performance:

▪️ Top 20 on CoinMarketCap (CMC)
▪️ TVL surpassed $1B

Sui’s ecosystem has gained traction from the meme boom, with several meme projects attracting attention.

🐳 #BTC CEO C.Q.: Look at how fiercely the new whales are stacking Bitcoin; this market has never seen such accumulation.

🔝 DropsTab: Top Protocols by TVL with Potential Airdrop

🇺🇸🙋‍♂ SEC Enforcement Chief Gurbil Grewal Leaves Agency

⛏ #BTC miners' revenue fell to $816 million in September, the lowest in a year, while transaction fees totaled just $13.86 million.

📊👀 #BTC C.Q.: Over the past year, there’s been a strong positive correlation (85%) between BTC and Gold.

Both assets react to similar macroeconomic factors. In the short term, BTC may show similar upward movement, but investors should note that BTC is far more volatile than Gold.

🔎 EigenLayer ecosystem is evergrowing

▪️ $12B in TVL upon launch
▪️ Demonstrates strong demand for #DeFi innovation

🇺🇸👨‍⚖️ Federal court ruled that predictions markets Kalshi can go ahead and list contracts to allow election betting. U.S. Commodity Futures Trading Commission failed to show that the “public will suffer irreparable injury absent a stay pending appeal.” theblock

🥳 #BTC is becoming a part of traditional finance - Forbes

🗣 #BTC Forbes: Bitcoin provides investors with an invaluable service that traditional banks will never be able to replicate.
Over time, managing financial affairs on the blockchain will become more efficient, secure and useful than through a bank, and the entire traditional financial system is preparing for this.

Meanwhile, Bank of America is having problems and customers are complaining about their zero balance 🏦

🇺🇸📈 #BTC #ETF Blackrock and Fidelity Bitcoin ETFs are among the best launches of the last ten years

⚖️ #XRP SEC appeals court ruling in Ripple case, citing conflict with Supreme Court precedent. theblock.com

🥳👀 #ZK Protocol Village: ZK Prover from Polyhedra topped the speed rating in the first results from "Proof Arena" coindesk.com