Bitpush editor's daily selected Web3 news:
【BTC breaks through $123,600, reaching a new historical high】
Market data shows that BTC has broken through $123,600, refreshing the historical record high set on July 14.
【Insider: Crypto wallet MetaMask may announce mUSD stablecoin details this week】
According to Coindesk's insider sources, MetaMask will likely soon (possibly as early as this week) announce details of its USD-pegged stablecoin mUSD. The stablecoin mUSD was previously disclosed in a governance proposal that was quickly deleted last week. MetaMask states that it has over 30 million monthly active users and is currently issuing its stablecoin with Bridge's help. Bridge is a company that helps enterprises integrate stablecoin payment channels and was acquired by fintech giant Stripe earlier this year, dedicated to helping businesses integrate stablecoin payment channels and stablecoin issuance protocol M^0. The insider said that in addition to closely collaborating with Bridge on the mUSD stablecoin, MetaMask is also seeking help from traditional financial alternative asset management company Blackstone to provide custody and fund management services for its token.
【Google clarifies it will not restrict non-custodial crypto wallets】
Google previously seemed to plan to ban unregistered non-custodial crypto wallets in multiple countries including the US and UK from October in its Google Play 'Cryptocurrency Exchange and Software Wallet Policy' announcement, sparking market criticism. However, the company subsequently clarified on X platform that non-custodial wallets are not within its restriction range and will update its help center to clarify. Google's new policy will take effect on October 29, primarily targeting custodial exchanges and software wallets that need to comply with regulations.
【Canary TRUMP ETF has been registered in Delaware】
According to market news, Canary TRUMP COIN ETF has been registered in Delaware, USA.
【Tom Lee: Standard Chartered's Ethereum price prediction of $7,500 by the end of 2025 is "possibly too low"】
Fundstrat co-founder Thomas Lee stated that Standard Chartered's prediction of Ethereum at $7,500 by the end of 2025 is "possibly too low".
【Standard Chartered expects stablecoin industry to grow about 8 times by the end of 2028】
According to Jin10 report, Standard Chartered says stablecoins currently account for 40% of all blockchain transaction fees, with Ethereum occupying over half of all stablecoins. The stablecoin industry is expected to grow about 8 times by the end of 2028.
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