☕️ Here are the top events in #Crypto for the past 24 hours
🟠 Total spot #Bitcoin ETF trading volume hit $4.5 billion, led by BlackRock with $3.3B, followed by Fidelity at $548M, and Grayscale at $388M.
🟠 Bhutan moved 929 BTC ($66M) to Binance, its first exchange transfer since July, while holding 12,456 BTC ($886M) via eco-friendly mining.
🟠 Brazil’s crypto imports surged 60.7% by September 2024, surpassing 2023’s total at $12.9B. Stablecoins drive 70% of transactions.
🟠 dYdX Trading has cut 35% of its workforce as CEO Antonio Juliano returns after a six-month break to refocus the company.
🟠 Vitalik urges Ethereum to focus on future fixes, not current Layer 2 issues, highlighting cross-Layer 2 plans for a seamless user experience.
🟠 Grayscale’s Bitcoin and Ether “mini” ETFs attracted $750M in inflows since July, reflecting demand for low-cost crypto ETPs with 0.15% fees.
🟠 Circle and HKT partner to explore Web3-based customer loyalty solutions in Hong Kong, aiming to enhance merchant-consumer engagement.
🟠 Polyhedra’s GPU-boosted ZKP system, Expander, enhances Ethereum scaling and zkML, enabling private, verifiable AI without data exposure.
🟠 Circle has increased USDC cash-out fees, impacting redemptions above $2 million and targeting high-volume traders and institutions.
🟠 A dormant Bitcoin wallet from 2012, holding 749 BTC (now $53.2M), transferred funds for the first time in 12 years.