EddieJayonCrypto
14 Oct 24
• OKX introduces six new USDC trading pairs as stablecoins face potential losses due to Federal Reserve rate cuts.• Chinese authorities prepare to sell $1.3 billion of Ethereum seized from the PlusToken scam, causing market concerns over Ethereum’s price stability.• Investors flood $6.47 trillion in...
• OKX introduces six new USDC trading pairs as stablecoins face potential losses due to Federal Reserve rate cuts.• Chinese authorities prepare to sell $1.3 billion of Ethereum seized from the PlusToken scam, causing market concerns over Ethereum’s price stability.• Investors flood $6.47 trillion into money market funds seeking higher yields amidst Federal Reserve rate changes.• Bitcoin transaction fees surge 32% as Runes transactions dominate the blockchain, increasing blockspace demand.• Scroll faces backlash over its Binance partnership for distributing SCR tokens, with co-founder defending the move as a strategic growth initiative.• Monochrome to launch Australia’s first Ethereum ETF on Cboe Australia with in-kind subscriptions, offering tax-efficient access to Ether investments.• Bitcoin reaches a 7-day high following China's economic stimulus announcement, signaling optimism amid economic shifts.• Ethena’s proposal to back USDe with Solana triggers a 17% ENA price surge, enhancing the platform's liquidity and scaling potential.• Grayscale reviews 35 altcoins for Q4 2024 inclusion, reflecting growing interest in diverse crypto sectors such as AI and prediction markets.• Bitcoin remains steady above $63,900, with key U.S. economic events likely to influence cryptocurrency markets.• RBI Governor promotes India’s Digital Rupee for cross-border payments while warning of AI risks in the financial sector.• Germany's Samara AG plans to match MicroStrategy's Bitcoin holdings, fueling market optimism and predictions of an "Uptober" rally.• Galaxy Digital buys nearly 500 BTC but sells 7,000 ETH, generating mixed reactions in the crypto market.~Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-TrackerGet the book!Crypto Foundations for Building Multi-Generational Wealthhttps://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422Join this channel to get access to perks:https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/joinJoin Grow My Bag social media:https://growmybag.tv/sign-up🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.