Citrea, a project that aims to transform the Bitcoin blockchain into a platform for smart contracts, has raised $14 million led by Peter Thiel’s Founders Fund. 🚀

- Citrea uses zero-knowledge (ZK) technology to make Bitcoin a programmable asset.
- This technology allows for the secure transfer of data.
- Citrea aims to run Ethereum-style smart contracts on Bitcoin.
- CEO Orkun Mahir Kılıç said Citrea is EVM compatible.

Share your thoughts in the comments! 💬

Franklin Templeton’s OnChain US Government Money Market Fund (FOBXX) is now trading on Coinbase’s Base blockchain! 🚀

- This is the first time an asset manager has built a project on a layer-2 blockchain.
- The fund is also available on five other blockchains, including Stellar’s ​​mainnet.
- Base is the sixth blockchain on which FOBXX can trade.
- Base launched in 2022 and is a fast-growing part.
- Layer 2s are gaining popularity by making transactions faster and cheaper.

Share your thoughts in the comments! 💬

CoinDesk 20 Index Update 📉

The CoinDesk 20 Index is currently at 2132.94, down 0.4% (-8.47) since yesterday's close.

🔹 Risers:
- ADA: 1.0%
- BCH: 0.6%

🔻 Fallers:
- APT: 4.0%
- UNI: 3.9%

The CoinDesk 20 is a broad-based index traded on global platforms. What do you think about these market movements? Join us in the comments! 💬

CZ took the stage at Binance Blockchain Week! 🎉

- Binance founder and former CEO Changpeng Zhou made his first public appearance at the event in Dubai.
- CZ talked about his prison experience and recounted his punishment for violating the Bank Secrecy Act.
- His new projects include Giggle Academy and investments in artificial intelligence and biotechnology.
- Binance CEO Richard Teng emphasized the theme of "momentum" at the event.

How do you think CZ's new projects will make an impact in the crypto world? Let's meet in the comments! 💬

Bitcoin (BTC) 72,289.97$ (+0.11%)

Ether (ETH) 2,631.15$ (-1.26%)

CoinDesk 20 Index 2,140.40 (-0.60%)

📉 There is a decline in the overall crypto market, the CoinDesk 20 Index is down 0.9%. Bitcoin is trading around 72,500$ , up 0.3% in the last 24 hours. ETH and SOL are down 1.15% and 0.3% respectively.

📈 Bitcoin ETFs recorded 893 million $ inflows, indicating increasing institutional demand. BlackRock's IBIT fund accounted for the majority of these inflows.

📊 BTC's market dominance has increased to 59.8%. Experts say that BTC's integration into the American financial system is important.

💬 Share your thoughts in the comments! What do you think about BTC's future? 🚀

Archax is buying Spanish broker King & Shaxson Capital Markets (KSCM)! 🎉

- This move will allow Archax to expand into the European Union (EU).
- Archax will offer more services in the EU as MiCA rules come into effect.
- The acquisition is subject to Spanish regulatory approval.
- KSCM will become a wholly owned subsidiary of Archax.
- Archax will expand its services by adding crypto derivatives in the EU.

How do you think this acquisition will affect the crypto markets? Share your thoughts in the comments! 💬

Coinbase’s Q3 Earnings Miss Expectations 🚀

- Coinbase’s Q3 net earnings fell short of expectations, with its stock price down 2% to $207.50.

- Total net revenue was $1.1 billion, 3% below estimates.
- Lower transaction revenue and a decline in subscription services led to a revenue miss.
- However, lower operating expenses positively impacted adjusted EBITDA figures.
- The US presidential election is likely to be a positive catalyst for Coinbase and the crypto market.
- Institutional interest is on the rise; Coinbase is becoming a more significant component of various stock indices.

Share your thoughts in the comments! 💬

📢 Profit Taking and ETF Flows in Bitcoin! 📈

- Bitcoin fell 0.5% after a strong week, but stabilized at 72,400$ .
- US Bitcoin ETFs saw two days of big investment in a row: $893 million on Wednesday, $879 million on Tuesday.
- These high ETF flows indicate increasing institutional interest.
- Solana (SOL) and BNB fell 2.5%, while Dogecoin (DOGE) fell 1%.
- The CoinDesk 20 index lost 1.3%.

What do you think the future of Bitcoin will be like? Let's discuss in the comments! 💬👇

BlackRock’s Entry into Crypto More Important than Trump’s Return to the White House

📈 According to QCP Capital co-founder Darius Sit, BlackRock’s entry into crypto is more important than the US elections. Sit noted that BlackRock has brought Bitcoin (BTC) into the mainstream investment vehicle.

- BlackRock CEO Larry Fink’s description of Bitcoin as a store of value shows that crypto is part of American finance.
- Trump’s crypto-friendly policies could create an attractive environment for crypto projects in the US.

Which do you think will be more effective, BlackRock’s entry into crypto or Trump’s policies? Share your thoughts in the comments! 💬

Coinbase is already mobilizing for the 2026 elections! 🚀

- Coinbase will donate $25 million to the crypto-political war chest Fairshake PAC in 2025.
- “The crypto electorate will continue to grow,” CEO Brian Armstrong said.
- Fairshake is supporting crypto-friendly candidates while also spending against anti-crypto candidates.
- Coinbase’s total commitments are approaching $100 million, making it Fairshake’s most significant supporter.

What do you think about these developments in the crypto world? Join us in the comments! 💬

MyTrade Founder Pleads Guilty! 🚨

- MyTrade founder Liu Zhou has pleaded guilty to charges of market manipulation.
- Zhou artificially inflated crypto asset prices through “wash trading.”
- The US Department of Justice announced that Zhou will be sentenced in early 2024.
- CLS Global is working to cooperate with US authorities.

Share your thoughts in the comments! 💬
#Cryptocurrency#Blockchain#MarketManipulation#Justice

The US Treasury Department’s advisory committee has released a new report on tokenization and stablecoins. The report stated that tokenization offers significant potential benefits for US debt and other assets. However, it also highlighted the risks of stablecoins. It emphasized that the collapse of stablecoins such as Tether (USDT) could have a major impact on financial markets. The committee suggested that stablecoins should be replaced by central bank digital currencies (CBDC). 💡💬

Share your thoughts in the comments! 👇

Coinbase’s Q3 Earnings Miss Expectations 🚀

Coinbase missed Wall Street expectations on Q3 earnings. Total revenue was reported as $1.2 billion, compared to the $1.26 billion expected. Earnings per share came in at $0.28, below analysts’ expectations of $0.45.

- Trading volume down 27%
- Shares down 7%
- Up 22% YTD

Despite regulatory uncertainties, Coinbase continues to grow with new projects. The new fund transfer feature for Visa debit cardholders is notable.

Share your thoughts in the comments! 💬

MicroStrategy, the company known for its Bitcoin investments, has not purchased any new Bitcoin since mid-September. However, it announced plans to raise $42 billion in capital over the next three years. 🎯

- 21/21 Plan: $21 billion in equity, $21 billion in debt
- Aim: Buy more Bitcoin and increase BTC yield
- Current BTC holdings: 252,220 Bitcoin, worth $18 billion

The company’s stock is down 10%, but up 250% year-to-date. 📈

Share your thoughts in the comments! 💬

Nitro Labs’ SVM-as-a-Service platform Termina raises $4M seed funding led by Lemniscap! 🎉 Recognizing the lack of Solana Virtual Machine (SVM) infrastructure, Nitro Labs aims to develop Termina to create performance and privacy-focused Solana-based networks. More than 20 ecosystem partners are currently working with Termina. 💡

How do you think Termina will contribute to the Solana ecosystem? Share your thoughts in the comments! 👇

📈 Major movement in crypto markets as US elections approach! CME Bitcoin options are experiencing a major increase. According to Joshua Lim, this situation signals a "very bullish positioning". 💹

- An increase in borrowing is also observed in crypto credit markets ahead of the election.
- Maple Finance founder Sidney Powell stated that large institutions increased their borrowing demands in anticipation of volatility.
- Institutions expect Bitcoin prices to rise.

What do you think will happen to Bitcoin prices after the election? Let's discuss in the comments! 🔥

MicroStrategy-Related ETFs Soar 🚀

- Two MicroStrategy-related ETFs, MSTU and MSTX, have made big gains this year.
- MSTU returned 235%, while MSTX gained 176%.
- MSTX increased its leverage from 1.75x to 2x.
- MicroStrategy’s Q3 earnings report is due after the US markets close.
- MSTR shares have tripled this year and hold 252,220 BTC.

What do you think? Let us know in the comments! 💬

Polymarket Wash Trading Allegations! 🚨

Fortune claims that wash trading (market manipulation) is taking place on Polymarket. Blockchain analysis firms Chaos Labs and Inca Digital have stated that a significant portion of the trading volume comes from such transactions.

- Wash trading occurs when the same person acts as the buyer and seller.
- Polymarket may be planning to launch its own token. This increases the motivation for airdrop farming (active trading for token distribution).
- Famous investor Nic Carter thinks that such transactions are being made for airdrop farming rather than political reasons.

Share your thoughts in the comments! 💬

Ironblocks, an Israeli cybersecurity firm, is developing a new Web3 security layer to solve the hacking problem of DeFi (decentralized finance). This new layer is called Venn and aims to create a new economy for crypto security. Venn pairs security operators and their technical know-how with crypto applications that want to monitor transaction flows.

- Transactions enter the Venn network before they occur.
- Suspicious transactions are frozen, while regular transactions are sent to the blockchain.
- DeFi giants like Ether.Fi and Ethena are joining Venn’s testnet.

Share your thoughts in the comments! 🚀🔒

Florida’s Comptroller Jimmy Patronis has suggested investing a portion of retirement funds in crypto. Patronis was inspired by Trump’s idea of ​​creating a Bitcoin stockpile, and suggested that Florida should look into crypto investments to diversify its retirement funds and provide a safe hedge against the volatility of other major asset classes.

- Patronis suggested that Florida’s pension fund management body investigate the potential benefits of crypto investments.
- This move could follow in the footsteps of states like Wisconsin and Michigan.

Do you think this is a good move? Let’s discuss it in the comments! 💬📈