Solana (#SOL) and Polkadot (#DOT) have surpassed Ethereum (#ETH) in staking ratio: 68% of all SOL is staked, Polkadot has 59%, compared to Ethereum’s 28% — data from OurNetwork.

A wallet associated with Continue Capital lost 15,079 ETH ($36 million) by signing a phishing transaction.

DropsTab: new tokens backed by top venture funds that are currently in the accumulation phase

Michael Saylor aims to turn MicroStrategy into a company worth $1 trillion+ – Bernstein

Goal: to make MicroStrategy the leading "Bitcoin bank."

DWF Labs founder Andrei Grachev announced that the brand for the revenue-generating synthetic stablecoin by DWF Labs has been finalized. It will be called Falcon Finance, and there will be two versions of this stablecoin: #USDf and #USDwf, with new updates coming soon.

Market capitalization of stablecoins versus Bitcoin.

Analyst: Once the purple line breaks downward, Bitcoin will skyrocket. Then, wait for a reversal of the descending trend (see the yellow trend channels) that's when the peak will occur.

The halving that took place this year could lead to Bitcoin miners losing more than $10 billion annually, based on current BTC prices.

Who Will Profit from Uniswap Exchange's Unichain Network?

Developers designed the Unichain network with an "Apple-like approach," where the software requires a corresponding approach to hardware for smooth operation. The Uniswap Labs team aims to simplify user interaction with DeFi applications while simultaneously increasing liquidity across the entire sector.

Given the future operational structure, the main beneficiaries of the network's performance will be validators, holders of the native UNI token, the Optimism network (on which Unichain is built), and liquidity providers.

Uniswap is the largest protocol on the Ethereum network in terms of fees paid by users for transactions on the exchange. In the past month alone, users paid nearly $14 million just to initiate operations on the platform.

Since developers are discussing a 95% reduction in transaction costs compared to Ethereum, this could attract additional users and generate extra trading volume for the exchange.

DropsTab: top 10 coins (from the top 100) by growth over the past week.

Ripple's stablecoin is "ready for launch," awaiting only approval from the New York Department of Financial Services (NYDFS).

Ripple has already chosen partners, including exchanges and market makers, to facilitate the operation of RLUSD

Reuters reports: "Ripple challenges industry giants with its new stablecoin."

– The company has officially announced the launch of #RLUSD, a stablecoin set to compete with heavyweights like #USDT and #USDC.

– Initially, Ripple’s stablecoin will be listed on exchanges including Bitstamp, Bitso, Bullish, CoinMENA, Independent Reserve, MoonPay, and Uphold.

– Keyrock and B2C2 will serve as market makers.

Amazon has invested more than $500 million in the development of small modular nuclear reactors, planning to use nuclear energy to power its AI centers and data centers.

Earlier, Google also announced its plans to utilize nuclear power for the development of AI infrastructure.

🔍 Bitcoin Support and Resistance Analysis

The latest data from IntoTheBlock highlights some key levels for $BTC.

🟢 Support Zone:
$61,045 - $63,075

With 2.4 million addresses holding at this level, strong buyer interest can be expected.


🔴 Resistance Zone:
$67,063 - $67,535

Around 1.54 million addresses hold BTC in this range, with an average price of $66,052.

These zones can provide insight into potential areas of support and resistance.

Bitcoin price yesterday, October 17.

COMMITS AND ACTIVE DEVELOPERS ON POPULAR BLOCKCHAINS

Vitalik Buterin has published the second article in the "Possible Future of the Ethereum Protocol" series titled "The Surge," in which he emphasized the need for a rollup-centric strategy.

The main goals of The Surge are:

◽️ 100,000+ TPS on L1+L2.
◽️ Maximum compatibility between L2s. "Ethereum should feel like one ecosystem, not 34 different blockchains."
◽️ Preserving decentralization and reliability of L1.
◽️ Ensuring that at least some L2s fully inherit Ethereum's core properties (trustless, open, and censorship-resistant).

To achieve the target TPS, Buterin suggested optimizing the performance of existing solutions such as PeerDAS, Plasma, SNARK, scaling block data compression, improving L2 interoperability, and optimizing L1 throughput (the latter will be covered in the next article).

Santiment: These coins have seen the largest increase in whale activity over the past week.

BEST EXCHANGES BY WEEKLY VISITS

South Korea is tightening control over cryptocurrency transactions: companies dealing with crypto will now be required to complete mandatory registration and report monthly to the Bank of Korea.

Transaction data will be monitored to detect illegal activities such as money laundering and illicit arbitrage.

Emory University acquired a Bitcoin ETF worth $15,000,000 — Form 13F.

Emory University is a private research university in the United States, located in Atlanta, Georgia. It was founded as Emory College in 1836 in Oxford, Georgia, by a small group of Methodists and was named after John Emory, a prominent Methodist Church bishop.

The new mining machine from Bitdeer - SEALMINER A2!

Specifications: 226TH/s, 16.5J/TH.