After a surprising September, the crypto market entered October 2024 with hopes that this could be the start of a new growth cycle. However, everything was thrown into cold water when the risk of Iran-Israel conflict caused Bitcoin to adjust violently, followed by a wave of altcoin sell-offs.
Let's review all the crypto movements of the week with Coin68 to make sure you don't miss any important news!
Top Cryptocurrencies Volatility Compared to 7 Days Ago. TradingView Screenshot at 09:50 AM on 06/10/2024
📺 Coin68 TV
- DeFi Discussion ep.167: Pectra and its impact on the Ethereum ecosystem
- Jen's Podcast - Episode 10: The Butterfly Effect
- Brain Supplement #35:
- Business Story #1: WorldCom - The Most Horrifying Bankruptcy of All Time
- Project Review: Pixelverse Closed Beta - Play games with the opportunity to earn huge money
📄 News
Focus 🔥
- Crypto market “takes a hit” as Iran retaliates against Israel
- Bitwise files XRP spot ETF application with SEC
- SEC files appeal against Ripple lawsuit outcome
- Binance's market share drops to 4-year low
Big Cap 💎
- Vitalik proposes project evaluation standards "consistent" with Ethereum, favors reducing Staking requirements
- EigenLayer opens EIGEN Token transfer, listed price around 4 USD - Caught up in controversy for investment fund receiving Staking rewards from locked Token and revealing that there is no Token vesting contract
- TRON Network Recorded $577 Million in Revenue in Q3 2024
- DApp volume on Solana increased by 46% in just 1 week
- Notable Token unlocks in October 2024
-Summary of notable crypto events in Q3/2024
- Call for Capital:
DeFi and Layer 2 🦄
- Ethena proposes to create a DEX exchange, promises to allocate 15% Airdrop
- AAVE V3 TVL on Ethereum hits $10 billion
- Aerodrome hits $1 billion TVL, dominates DeFi on Base - Accused by Andre Cronje of stealing source code
Non-Fungible Token, GameFi, Metaverse and SocialFi 🖼 🎮🌐
- Moonbix does not Token Issuance but Airdrop in a different way
Large organizations 💰
- Ethereum Foundation has sold over $10 million in ETH in the past year
- FTX sparks controversy for setting aside $230 million to pay “special” shareholders
- Trump-backed World Liberty Financial project opens KYC verification
- Metaplanet buys another 107.91 BTC, bringing total holdings to $32 million
- BBVA Bank Plans to Launch Stablecoin in 2025
Legal and Reception ⚖️
- Exposing how North Korean hackers infiltrated and gutted the crypto industry
- HBO claims to expose the identity of Satoshi Nakamoto
Coin68 synthesis
Join the discussion about the HOTTEST issues of the DeFi market in the Fomo Sapiens chat group with Coin68 admins!!!
