NFT Mania Is Back? Maybe Not, but a CryptoPunk Just Exchanged Hands for a Record $56.3M
Punk 1563 changed hands for 24,000 ETH, a huge markup versus recent pricing.Source
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Binance’s Crypto Market Share Sinks to 4-Year Low
While Binance remains a giant in crypto trading, its volumes dropped over 20% in September versus the previous month, while rival Crypto.com’s surged over 40%.Source
Why You Should (Still) Care About Silvergate
It’s become increasingly clear that crypto-focused banks such as Signature and Silvergate were closed by political mandate during the 2023 banking crisis, says Nic Carter. And the way it was done should bother anyone who cares about open access to financial services.Source
Bitcoin Not a Safe Haven From Geopolitical Risks, but Still Buy the Dip: Standard Chartered
Risks stemming from the Middle East conflict are likely to push bitcoin below $60K before the weekend, the report said.Source
Crypto for Advisors: Crypto as a Growth Driver
For wealth managers, crypto presents a key opportunity for growth – especially with rising mainstream interest after the approval of spot bitcoin and ether ETFs earlier this year.Source
CoinDesk 20 Performance Update: XRP Plunges 9.2% as Index Declines
APT shines amid overall index losses, climbing 10.8%.Source
RWA Platform Credbull Rolls Out Up to $500M Private Credit Fund with Fixed High Yield on Plume Network
Private credit, a booming market in traditional finance, is a fast-growing sector in the blockchain-based real-world asset sector as well with $9 billion of assets, data shows.Source
Ripple Partners With Brazilian Exchange Mercado Bitcoin to Offer Business-Focused Payments Solution
Mercado Bitcoin plans to offer its corporate and retail customers support for international payments, allowing users to transact with Brazilian Reais.Source
Grayscale Rolls Out Aave Fund
Aave is a decentralized lending platform based on the Ethereum blockchain that offers automated loans of cryptocurrency using other tokens you own as collateral. It also lets users lend out their crypto to earn interest.Source