📈 What happened to US mining company stocks in Q3?
🔋 It's time for the financial reports of US public companies to be published. Here's a look at some interesting results from US mining companies.
✅ Shares of one of the largest mining companies, Riot Blockchain, rose by almost a third in the reporting period, and its market capitalization approached $2.9 billion.
✅ Core Scientific shares grew by 12.7%, reaching a market capitalization of $3.4 billion.
✅ In October alone, Marathon Digital shares rose by 5%, with a market capitalization of $5 billion.
ℹ️ The main reason for these positive financial results is probably the increase in the value of the main cryptocurrency.
▶️ The cryptocurrency market is showing mixed trends today, with several assets in the red. However, some are still showing gains. Stay alert and keep a close eye on the changes!
For those who are in Mnemnics, their TGE for November is already confirmed and they say that it is very important to make at least 1 transaction that costs 0.2 TON
⏺Lack of client diversity: #Solana🚀 a does not have a wide range of users. ⏺High bandwidth requirements: Solana's network needs very high bandwidth, which could be problematic. ⏺Operational failures: Solana has faced multiple network outages. ⏺Lack of economic decentralization: A large portion of Solana's tokens are held by a limited group of people. ⏺Limited decentralization: Solana does not promote maximum decentralization or trust neutrality.
🪙 #tokens Curated Registry ( TCR ) ➖ is a decentralized system where participants manage a list using tokens to vote. To add an item, a user contributes tokens, and the other participants vote for or against its inclusion. This process helps filter out unreliable items, as each participant risks #tokens if their vote is not supported by the majority.
🚀 This model helps create high-quality and objective lists, such as projects or services, where the community controls and guarantees their relevance and reliability.
🇨🇭 Despite the negative information about #Tether , a symbolic event took place in Lugano, Switzerland: the launch of a "#Bitcoin! rocket" made with drones.
💵 According to The Wall Street Journal, the US Treasury Department is considering imposing sanctions on $USDC theter
❌ The reason could be the lack of sanctions policies and suspicions of money laundering.
🔎 The Manhattan District Attorney's Office is conducting a federal investigation involving “drugs, terrorism, piracy, the Hamas group and Russian arms dealers.”
🇨🇳 Details on China's fiscal stimulus are expected to be released in early November, from the 4th to the 8th. This will happen during the country's parliamentary session.
⚠️ However, according to Bloomberg, the debt situation with $SOL LGFVs (Local Government Financing Vehicles, affiliated companies and local governments of Chinese provinces) is raising serious concerns. LGFVs' total debt reaches about $800 billion, with a risk of default.
🛫 Despite government support, retail investors are having a hard time receiving debt payments. Last year, local authorities were allowed to issue $309 billion in bonds to pay off debts to creditors.
🟠 Standard Chartered's Geoff Kendrick forecasts a possible Bitcoin price of $125,000 by the end of the year if Donald Trump wins the US presidential election.
✉️ With Bitcoin expected to rise to $73,000 by Election Day, a Trump win could generate further bullish momentum, potentially pushing BTC towards the six-figure target. The analysis also suggests that a Republican-led Congress will amplify this price increase.
🌐 At the Cardano Summit, CTO Giorgio Zinetti explained Cardano's commitment to a governance model where real authority is distributed across the community, reducing centralized control. This approach emphasizes sustainability by empowering community-led decisions that support the future of the network.
❄️ By prioritizing user education, Cardano aims to ensure that choices are informed and represent collective interests.
📉 Bitcoin spot ETFs suffered an unexpected setback as nearly $80 million left after a steady streak of inflows. The biggest hit came from ARKB, which alone accounted for $134.7 million in outflows, while BlackRock’s IBIT attracted $43 million.
🟠 Institutional interest remains strong: 20% of US-listed Bitcoin ETFs are owned by asset managers.
🔍 Coinbase-backed $Base will introduce failover testing on October 30! This feature allows users to securely verify withdrawals independently, reducing reliance on third parties and improving decentralization.
💬 Community impact? These changes could impact Ethereum users by improving security and trust. What do you think? Share below!👇
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