What Occurred in Crypto In the present day? [Oct. 17]
From shorts shedding thousands and thousands to SBF needing Adderall to admit, here’s a 2-minute breakdown of all the pieces vital that occurred in crypto at this time.
We’ve got a pulse!
The crypto group’s pleasure flatlined this week till a bullish pretend tweet utilized some voltage, liquidating $100 million shorts. Speak about an emergency adrenaline shot!
So, CoinMarketCap is right here to catch you up on at this time’s high crypto tales!
As all the time, a fast TLDR rundown of the important thing information tales:
Now let’s dive deeper into every of those crypto tales!
In completely predictable information, a preferred crypto media platform prematurely popped the champagne over an unverified BlackRock ETF approval information, crushing shorts inside a couple of minutes. Cue a fleeting surge to $29K as markets momentarily rejoiced over the pretend inexperienced gentle. Simply extra unfounded hype fooling us all.
In the meantime, the SEC continues edging us alongside on the actual ETF determination, getting hopes up solely to mercilessly depart us excessive and dry.
When will this approval blue balling finish?
Solana has teamed up with Dubai’s crypto middle to supply Web3 help and grants. What advantages will each events provide one another?
Binance simply torched $450 million value of its BNB tokens, pushing costs up by decreasing provide. Nothing like a great old style ritual coin burning to conjure up crypto worth. Learn how shut Binance is to its “burn 100M BNB” goal!
South Korean alternate Upbit received an preliminary inexperienced gentle for a Main Fee Establishment license from Singapore. Whereas full approval remains to be pending, is it a step in direction of mainstream adoption or simply extra pointless pink tape?
The article appears incomplete with out SBF…
Nicely, in a latest growth, SBF’s attorneys say their shopper wants extra Adderall to focus on his felony trial. We’re positive doubling down on stimulants will actually sharpen SBF’s ethical compass throughout this complete fraud case.
And that is the tea for at this time! Tune in tomorrow for extra piping-hot tales.
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