The Block
Quick Take In a letter sent to the campaign policy team on Tuesday, Nat’l Policy Network WOC Blockchain Founder Cleve Mesidor, and others asked for changes to policy to help keep innovation in the U.S. Signers of the letter called for policy changes, including more financial education for digital assets.
Quick Take CMT Digital Analysts Sam Hallene and Aryan Sheikhalia discuss blockchain’s potential to touch every industry, and how CMT Digital aims to participate in this multi-decade system change.
The world’s top cryptocurrencies and bitcoin-related stocks dropped Tuesday, following a marketwide decline as Iran appears on the verge of attacking Israel.
Quick Take The recent rise in stablecoin market cap is providing liquidity that could help an uptrend in bitcoin and other major cryptocurrencies, according to CryptoQuant. K33 Research highlighted bullish factors for bitcoin in the fourth quarter, including the Federal Reserve’s policy shift, China’s liquidity push, and the SEC’s recent approval of options trading on spot bitcoin ETFs.
The total net asset value of the 12 spot bitcoin ETFs in the U.S. reached $100.55 billion on Wednesday.Bitcoin has repeatedly hit all-time highs over the past few weeks — currently trading at around $97,094.
Quick Take The creator of the artwork behind “Just a chill guy” shared that they will be taking legal action against for-profit activities using the image. “Just a chill guy” is the latest memecoin sensation, with the President of El Salvador and various brands sharing the image on social media.
Quick Take The South Korean police said in a Thursday statement that North Korea is behind the 2019 hack of the Upbit exchange that saw 342,000 ETH stolen. This is the first time South Korea has identified North Korea as the perpetrator of a cryptocurrency heist.
Quick Take TON blockchain’s growth, alongside its integration with Telegram, is changing the narrative on mass adoption, according to Midas CEO Dennis Dinkelmeyer. Over the past year, TON blockchain has grown to surpass 11 million monthly active wallets, with daily transaction volume growing twelvefold.
Quick Take Tigran Gambaryan is constantly getting respiratory infections and needs to get his tonsils removed, his wife, Yuki Gambaryan, said in a podcast released on Tuesday. Yuki Gambaryan said the U.S. State Department needs to step in. U.S. House pushing for Gambaryan’s release through a resolution.
Quick Take Ethereum tends to lag behind bitcoin in terms of price performance in October. However, analysts cite derivatives market indicators showing near-term optimism for the digital asset.
