Polygon stands out among flat large caps

Over the last 24 hours, the cryptocurrency market cap saw net inflows of $4.6 billion to $1,009.4 billion from $1,004.8 billion as of press time — up 0.5%. During the reporting period,... Read more »

Arweave teams up with Meta for NFT storage, AR token spikes 61%

Arweave is partnering with Meta to store non-fungible tokens (NFTs) on Instagram, the protocol’s CEO and co-founder Sam Williams announced on Twitter. 📣 Major announcement: @Meta is now using Arweave to permanently... Read more »

Cloud service provider Hetzner blocks access for Solana validators over TOS breach

Cloud service provider Hetzner has stopped providing its services to Solana (SOL) validators, according to a screenshot shared by stake pool operator SolBlaze on Nov. 2. 🚨⚠️ Hetzner just kicked off all... Read more »

Polygon surges 10% following Instagram integration announcement

Meta has announced an end-to-end toolkit allowing Instagram users to mint NFTs on the Polygon (MATIC) blockchain and sell them on social media. The move has made MATIC one of the best-performing... Read more »

Singapore BIS Monetary Authority and central banks of Switzerland, France explore AMMs and CBDCs

The Innovation Hub of the Bank for International Settlements (BIS) is leading a project to explore the use of Defi protocols to automate foreign exchange markets and settlement, CBDC payments via automated... Read more »

Saylor deems Bitcoin winner over major asset classes as downturn persists; Ethereum outperforming BTC after merge

The biggest news in the cryptoverse for Nov. 2 includes Saylor saying that Bitcoin is winning over gold and other major asset classes, JPMorgan executing its first DeFi transaction, EU’s MiCA targeting... Read more »

Bitcoin remains range bound as Fed enacts 4th consecutive 75 basis point rate hike

The U.S. Federal Reserve raised interest rates by 75 basis points (bps) after the Federal Open Market Committee (FOMC) meeting on Oct. 2, bringing the Federal Funds Rate to 3.75 – 4%.... Read more »

Saylor says ‘Bitcoin is winning,’ deems gold a 19th century solution as MicroStrategy outperforms major asset classes

During the MicroStrategy (MSTR) Q3 earnings call, Executive Chairman Michael Saylor said Bitcoin is winning, in turn boosting the company’s fortunes. “Bitcoin is winning, but MicroStrategy is winning even more than the... Read more »

Alameda sells over $200M in stablecoins to exchanges; FTT token comprises majority of its $14B in assets

Arkham’s intelligence dashboard revealed that FTX’s sister company Alameda Research sold $284 million worth of stablecoins to crypto exchanges between Oct. 31 and Nov. 2, according to data analyzed by CryptoSlate. The... Read more »

Is ETHBTC about to reclaim its pre-merge high?

The 2022 high for Ethereum denominated in Bitcoin was 0.084BTC just before The Merge, and a recent rally has investors considering if Ethereum could regain its pre-merge high. Ethereum made strong gains... Read more »