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Arbitrum is currently competing with Ethereum in daily trading volume.#arb #crypto2023 #ETH #trading #volume

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16/10/2024 The Most Important News & Narratives For Today! Today's Events: - US $VIX Options & Futures Expiration - $HOOD Summit (Announcement) - $AVAX Summit (16-19 Oct) - $GOG Frostmire Launch - $DBR Launch on Jupiter - $CARV Bybit Futures Listing - $ARB Unlock of $53M News and Narratives: - $LTC Canary Capital filed for Litecoin spot ETF - $BTC Tesla moved $765M in Bitcoin to unknown wallets - $EIGEN Kraken launched Ethereum restaking via EigenLayer - $STFX Announced expansion to Solana citing retail presence - $XRP Stablecoin ready to launch pending NYDFS approval - $CAKE Launched PancakeSwapX, gasless and zero-fee swaps on $ETH $ARB - $BTC Blockstream closed $210M financing for L2-strategy and Bitcoin treasury - $CHR Phlomis Finance set to offer real-world assets on Chromia mainnet - $GRASS Announced date for airdrop checker set for October 21 - $TIA Announced first upgrade Shwap, set to go live in November General News: - BUIDL Securitize launched USDC conversions for BlackRock's fund - Town Launched on-chain messaging platform backed by a16z - Praxis Secured $525M in funding to build crypto-friendly city - Grayscale Filed to convert its Digital Large Cap Fund into an ETF - Italy Set to raise capital gains tax on Bitcoin to 42% from 26% #MemeCoinTrending #TrumpDeFi #BinanceLabsInvestsLombard $BTC

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❌ Macron stated that the decision to arrest Telegram founder Pavel Durov is not a political one. — France is deeply committed to freedom of speech, communication, and is a strong supporter of innovation and entrepreneurship. This is and will continue to be the case. — In a country where the rule of law is fundamental, freedom on social networks and in real life is guaranteed and provided within the framework of the law. This is necessary to protect the fundamental rights of citizens. — The legal system of the state is independent, and its goals and objectives are to ensure the enforcement of laws. — The reason for the arrest of Telegram's founder and owner in France is an ongoing judicial investigation. This is by no means a political act. The decision rests with the judges. #DOGSONBINANCE #tonecoin #freepovel

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‼️ Dubai Court Recognizes Cryptocurrency as a Legal Form of Salary Payment This decision marks a departure from the court's previous stance, which was announced in 2023, when a similar case was dismissed due to the lack of an accurate valuation of cryptocurrency. ✔️ The move demonstrates a progressive approach to integrating digital currencies into the country's legal and economic system. #

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✨ Vitalik Buterin has donated half a million dollars to the Animal Protection Fund. He directed all the meme tokens he accumulated over the past year to charity. In total, the Ethereum founder transferred 200 ETH ($530,000). ✔️Buterin has repeatedly mentioned that memecoins could fill the niche of tokens used for charity. He believes it's now time to fund serious public projects. "It's 2024, we can start engaging in more serious public funding," Buterin wrote. #vitalicButerin #MarketDownturn #BinanceLaunchpoolTON

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🔽 Bitcoin fell to $52,000 overnight During the night, Bitcoin dropped to February prices this year, reaching a low of $52,300, while Ethereum fell to $2,100. ➡️ Liquidations exceeded $850 million in the past 24 hours. ➡️ The Fear and Greed Index dropped from 74 (Greed) to 26 (Fear) over the past week. ➡️ Market capitalization fell by $500 billion during the same period, now at $1.8 trillion. ➡️ Bitcoin dominance is at 57.45%. #BTC_MarketPanic_Dip #RecessionOrDip?

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