❓ What happened in #Crypto in the past 24 hours?
1. Market Trends
▪️ $BTC continues to rise, currently priced around 114477, with a 24-hour increase of 2.50%.
▪️ $ETH is also steadily rising, with a daily high of 4245.00, currently priced around 4198.77, with a 24-hour increase of 2.16%.
▪️ $SOL has returned to 210, currently around 210.61, with a 24-hour increase of 0.61%.
▪️ Altcoin performance is generally poor, with $MIRA down 35.83% in 24 hours, and $AVNT down 22.13% in 24 hours.
2. On-chain News
▪️ Total TVL across all chains is $157.855b, an increase of 0.56% from yesterday.
▪️ On-chain performance is decent, with $pibble up 569% in 24 hours, currently valued at 4.1M; $nl down 42.04% in 24 hours, currently valued at 5.8M; $UPTOBER up 218% in 24 hours, currently valued at 2.6M.
▪️ DEXs had a 24-hour trading volume of $16.542b, with ETF inflows of $368.4m in 24 hours.
3. Hot News
▪️ Federal Reserve's Musalem: The U.S. Office of the Comptroller of the Currency is expected to regulate non-bank stablecoin issuers.
▪️ Turkey plans to allow regulators to freeze bank and cryptocurrency accounts.
▪️ Phala Network plans to stop its parachain and migrate to Ethereum L2.
▪️ The SEC has suspended trading of crypto treasury company QMMM's stock, citing social media manipulation of its stock price.
▪️ Jiuzi New Energy announces it is conducting a $5.5 million financing, with 70% of the financing allocated to crypto assets.
▪️ CME Group CEO opposes granting Polymarket and Kalshi innovation exemptions, calling for fair competition.
▪️ Spot gold hits $3850 per ounce, continuing to set new historical highs.
▪️ Bloomberg ETF analyst: The approval rate for SOL spot ETF is close to 100%.
▪️ U.S. publicly traded company Applied DNA Sciences announces it is conducting a private placement financing of up to $58 million, initiating a BNB treasury strategy.
$BTC $ETH $SOL $AVNT $pibble
$nl $MIRA $UPTOBER
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