πΊπΈπ£ Fed Chair Jerome Powell says US $38.5 trillion national debt is "not sustainable." #macro
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πΊπΈπ Crypto PAC Fairshake reports $193 million in donations from industry representatives ahead of the midterm elections in the US. link
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πΊπΈπ΅οΈ US Launches Investigation Into Alleged $90 Million Crypto Theft By Son Of Contractor Who Helped Secure Government Wallets.
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π Top 5 News for 24 Hour:
1. ERC-8004 standard coming to Ethereum mainnet for AI. β Read full
π 295 | β€οΈ 0 | π 5
2. Gold hits new all-time high at $5,200. β Read full
π 288 | β€οΈ 0 | π 5
3. Top 300 gainers include PIPPIN, PENGUIN, CCD, FOGO, ROSE, H β Read full
π 345 | β€οΈ 0 | π 4
4. Tether aims to be central bank post-dollar. β Read full
π 327 | β€οΈ 0 | π 4
5. 1inch affirms no 1INCH sold from team wallets, plans tokenomics review. β Read full
π 252 | β€οΈ 1 | π 4
EXCAVO | Academy | News | YouTube
1. ERC-8004 standard coming to Ethereum mainnet for AI. β Read full
π 295 | β€οΈ 0 | π 5
2. Gold hits new all-time high at $5,200. β Read full
π 288 | β€οΈ 0 | π 5
3. Top 300 gainers include PIPPIN, PENGUIN, CCD, FOGO, ROSE, H β Read full
π 345 | β€οΈ 0 | π 4
4. Tether aims to be central bank post-dollar. β Read full
π 327 | β€οΈ 0 | π 4
5. 1inch affirms no 1INCH sold from team wallets, plans tokenomics review. β Read full
π 252 | β€οΈ 1 | π 4
EXCAVO | Academy | News | YouTube
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π£ Mayor Zohran Mamdani says he will raise taxes on high earners and corporations because NYC is facing a financial crisis at a scale "greater than the Great Recession." #macro
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π° Token creation platform Doppler raises $9 million seed round led by Pantera Capital link
π§βπ» Uniswap to roll out βContinuous Clearing Auctionsβ on main frontend, reshaping its token launch process - link
π€ According to Forbes, OpenAI is in the early stages of developing a social network to tackle the bot problem on social platforms through βproof of personhood.β The project is being developed by a small team of fewer than 10 people and is considering biometric verification methods, such as Appleβs Face ID and Worldβs iris-scanning technology. #ai link
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π€ Crypto PAC Fairshake Amasses $193 Million War Chest Ahead of November Midterms - link
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π½ According to The Information, the tokenized stocks sector is increasingly reliant on a single brokerage. California-based broker dealer Alpaca has become the dominant execution venue, as few other brokers are willing to sell shares to tokenization firms. Projects including Ondo Finance, Krakenβs xStocks, and Dinari route user orders to Alpaca, which purchases the underlying shares backing their stock tokens. #rwa link
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π The sentiment among bitcoin enthusiasts appears overly pessimistic, especially considering Bitcoin's impressive rise of 429% since 2022, compared to gold's 177%, silver's 350%, and QQQ's 140%.
Despite a slowdown, Bitcoin has significantly outperformed other assets, which have yet to catch up. The rapid pricing in of the 'institutionalization' narrative may have led to a temporary pause for Bitcoin as the market adjusts.
Feel better now? You're welcome.
By Eric Balchunas #etf link
Despite a slowdown, Bitcoin has significantly outperformed other assets, which have yet to catch up. The rapid pricing in of the 'institutionalization' narrative may have led to a temporary pause for Bitcoin as the market adjusts.
Feel better now? You're welcome.
By Eric Balchunas #etf link
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π½ The SEC said tokenized securities fall into two categories: issuer-sponsored and third-party sponsored. Issuer-sponsored tokenized securities are treated the same as traditional securities, while third-party tokenized securities may not provide holders with rights to the underlying securities and may be classified and regulated as security-based swaps. #regulation link
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