With the U.S. government shutdown entering its 34th day (the longest U.S. government shutdown to date), Bitcoin and Ethereum prices have continued to drop. The political stalemate has scared off inves...

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<p>With the U.S. government shutdown entering its 34th day (the longest U.S. government shutdown to date), Bitcoin and Ethereum prices have continued to drop. The political stalemate has scared off investors, as the risk-averse mood gripped the markets and accelerated the crypto price drops.</p></div></div>

Bitcoin, Ethereum Continue Slide as U.S. Government Shutdown Continues

After months of waiting, layer-1 blockchain Monad has officially confirmed the launch date of mainnet and TGE Token MON on November 24.
Monad sets mainnet launch date and TGE Token MON
The launch...

Monad sets mainnet launch date and TGE Token MON

Ripple (XRP) announced a successful $500 million raise at a $40 billion valuation, marking the company's largest Capital round since 2019.
Ripple raises another $500 million, raising its valuation to...

Ripple raises another $500 million, bringing its valuation to $40 billion

<p><span style="color:#7f8c8d">Author: Yuuki, TechFlow TechFlow</span></p><br/><br/><h3>TL;DR</h3><br/><br/><p>The recent market downturn is due to a combination of factors, including short-term macroeconomic headwinds, the industry black swan event of October 11th, and competition for funds among the US, South Korean, and Chinese stock markets. Long-term, the Fed's preemptive interest rate cuts and moderate liquidity injections have not generated as much buying pressure as the new Crypto assets and token unlocking have generated selling pressure, as reflected in...</p>