EddieJayonCrypto

 23 Sep 24

tl;dr

• Tether's USDT nears a $120 billion market cap, reinforcing its dominance as the largest stablecoin, but concerns remain over its reserves and business model.• Aave community clashes over proposed changes to Wrapped Bitcoin (WBTC) amid concerns about BitGo’s custodial shift, sparking a debate about...

• Tether's USDT nears a $120 billion market cap, reinforcing its dominance as the largest stablecoin, but concerns remain over its reserves and business model.
• Aave community clashes over proposed changes to Wrapped Bitcoin (WBTC) amid concerns about BitGo’s custodial shift, sparking a debate about risk management and diversification.
• Renowned crypto analyst Benjamin Cowen predicts Ethereum is nearing a cycle bottom against Bitcoin, signaling potential price recovery for ETH/BTC.
• Hamster Kombat's token launch faces backlash from players over the vesting schedule and airdrop allocation, creating dissatisfaction among the game's massive user base.
• Nasdaq receives SEC approval to list and trade options on BlackRock’s Bitcoin ETF, offering new derivatives tools for investors while addressing concerns over market manipulation.

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