The SOL/ETH pair trading on Binance looks overbought after four-month winning trend. Source: https://www.coindesk.com/markets/2024/10/24/solana-looks-overbought-against-ethereum-btc-gold-ratio-stuck-in-a-downtrend/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The firing of the firm’s co-founder and its CFO in July triggered a wave of departures. Source: https://www.coindesk.com/business/2024/10/24/fca-regulated-crypto-trading-firm-portofino-technologies-sees-staff-exodus/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The institution set up a multi-legged strategy in Derive’s onchain options market, generating $25 million in volume. Source: https://www.coindesk.com/markets/2024/10/24/institution-takes-25m-hedge-bet-on-derives-bitcoin-options-market-as-us-election-looms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The rally in the DXY stalled after the Beige Book report, paving the way for BTC recovery Source: https://www.coindesk.com/markets/2024/10/24/bitcoin-retakes-67k-dollar-index-rally-stalls-as-beige-book-supports-fed-rate-cuts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Whale Entities are clusters of crypto wallet addresses held by a single network participant holding least 1,000 BTC. Source: https://www.coindesk.com/markets/2024/10/24/number-of-bitcoin-whales-jumps-to-highest-since-january-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The chief of Ripple, Brad Garlinghouse, recounted his own brush with the U.S. government’s pressure on banks to be wary of digital assets, saying Citi dumped him. Source: https://www.coindesk.com/policy/2024/10/23/citibank-debanked-ripples-brad-garlinghouse-due-to-crypto-exec-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/business/2024/10/23/crypto-traders-apparently-spam-truth-terminal-into-pumping-coin-associated-with-brian-armstrongs-dog/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined. Source: https://www.coindesk.com/markets/2024/10/23/solana-hits-record-vs-ether-outperforms-bitcoin-as-ai-memecoin-frenzy-and-surging-revenues-fuel-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. central bank would be conflicted, because stablecoins compete with the Fed’s payments infrastructure and with potential CBDCs. Source: https://www.coindesk.com/opinion/2024/10/23/the-fed-is-the-wrong-regulator-for-stablecoins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

After more than a year of hype and expectation, layer-2 network Scroll’s governance token launch is beginning to fall short of expectations after being plagued by token allocation issues. …