Today's Top News
1. 🇺🇸"The US is on the path to becoming the decisive leader in crypto" - Circle CEO 👀
2. Bitcoin is going Super Saiyan on the streets of 🇪🇸 Barcelona 👀
3. Ethereum developers are exploring the possibility of splitting the awaited Pectra upgrade into two parts. This thoughtful approach aims to reduce risks and could see the first part launching by early 2025. 👀
4. Former SEC official, John Reed Stark, crashes out in an X Space over traditional financial institutions offering Bitcoin ETFs to clients 😅
5. Popular DAO platform @SnapshotLabs is finally moving on-chain, releasing "Snapshot X," a governance protocol on top of @Starknet
6. 🇨🇳 China Overnight Economic Data:
*Unemployment Rate: Miss 🔴
*Retail Sales: Miss 🔴
*Industrial Production: Miss 🔴
*Fixed Asset Investment: Miss 🔴
7. Layer-2 @0xPolygon has unveiled custom ZK chips for the AggLayer, made by @FabricCrypto
8. Decentralized exchange @osmosiszone is expanding beyond the Cosmos ecosystem with Polaris, a "token portal" designed to solve DeFi's liquidity fragmentation problem.
9. 🇳🇴 Residents in Hadsel, Norway, face a 20% rise in electricity bills after a local Bitcoin mine closes due to lost revenue for the power company. 👀
10. Indonesia-based @indodax was hacked for over $22 million worth of various tokens early Tuesday in an apparent attack on their hot wallets, security researchers said on X.
11. Bill Miller: I haven't heard a good argument as to why you wouldn't put 1% of your liquid net worth into Bitcoin.
12. October and November are traditionally the best months for #Bitcoin with a +30% 📈 increase on average since 2010 👀
13. 6-time NBA champion 🏀 Scottie Pippen is now a #Bitcoin bull in addition to being a legendary Chicago Bull.
14. If the Fed doesn’t cut interest rates next week, the U.S. interest expense could soar to $1.6 trillion by the end of 2024—exceeding even Social Security's annualized cost of about $1.5 trillion.
15. #Bitcoin is in the midst of a period of negative correlation with gold, signaling a risk-averse environment where investors favor traditional safe-haven assets.
16. The $AZERO ecosystem is really impressive, yet the price action does not reflect so. It could be the NEXT Solana.
17. A report from Henley & Partners, a firm specializing in residence & citizenship planning via investment pathways, estimates that between July 1, 2023, and June 30, 2024, the number of Bitcoin millionaires increased by 111% to 85,400 individuals.
18. 🇺🇸 Spot #Bitcoin ETFs bought 6,892 #BTC this week, while miners only produced 2,250 BTC 👀
19. Four stablecoin issuers—Paxos, Tether, Techteryx, and Circle—have frozen $5 million tied to the North Korean Lazarus Group after ZachXBT's investigation.
20. Crypto millionaire James Fickel lost over $43 million betting on Ether outperforming Bitcoin in 2024, with debt now at $132 million.
