Transaction URL: https://etherscan.io/tx/0x85585addb6c99cfc5a6a41ebbe866cc051352f32142bb3e72f1d73a1af13effa
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Sitting US Senator Elizabeth Warren and Republican nominee John Deaton faced off Tuesday night in a debate as the race for the Massachusetts seat continues.
Deaton, an attorney with a soft stance on cryptocurrency regulation, entered the race in February, saying he wanted to “shake things up for the people who need it most.” Warren, however, argued Tuesday night that Deaton is really only interested in protecting “his crypto buddies,” who have made up the majority of his campaign donations.
Deaton has raised $2.05 million, about half of which was from a personal loan he made himself. A pro-Deaton super Political Action Committee, Commonwealth Unity Fund, has raised an…
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If you were tuned into the Massachusetts Senate debate last night, you would have noticed a key exchange between pro-Bitcoin candidate John Deaton and his rival Elizabeth Warren, leader of Washington D.C.’s “anti-crypto army.”When pressed by Deaton, Warren wouldn’t even defend herself. After lying and attacking our industry for years, she said “I’m fine if people want to buy and sell crypto.” Seriously.
My big concern…
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The daily net flow of U.S. Bitcoin ETFs on October 16, 2024, recorded substantial activity with BlackRock’s Bitcoin ETF (Ticker: IBIT) experiencing the largest net inflow of 4,323 BTC. This significant addition highlights strong investor interest and confidence in the fund. Grayscale (Ticker: GBTC) and Fidelity’s Bitcoin ETF (Ticker: FBTC) also saw healthy inflows of 564 BTC and 524 BTC respectively.
In contrast, the Invesco Galaxy Bitcoin ETF (Ticker: BTCO) faced a net outflow of 216 BTC, indicating some investor withdrawal on that day. However, other funds like ARK’s Bitcoin ETF (Ticker: ARKB), Bitwise (Ticker: BITB), and VanEck (Ticker: HODL) maintained positive but modest inflows.
Overall, the total Bitcoin holdings across all listed ETFs stood at 940,148 BTC, valued at approximately $63.6 billion. The total net inflow for the day was 5,695 BTC, translating to about $385.3 million. This data showcases the dynamic and fluctuating nature of investments within the U.S. Bitcoin ETF market.
Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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Here’s a simplified explanation of how restaking works today:
Bob deposits ETH/stETH into a liquid restaking protocol like Ether.Fi, Puffer, Eigenpie or Renzo.
The liquid restaking protocol delegates Bob’s assets to an EigenLayer operator.
The EigenLayer operator uses Bob’s asset to secure one or many AVSs to return some yield to Bob.
Bob is happy because his ETH is a yield-bearing productive asset, and he enjoys a liquid ETH derivative that he can use to dabble in other degenerate DeFi activities.
About…
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BTC For Palestine is the perfect example of an endeavor powered by Bitcoin that strikes right to the heart of what Bitcoin is supposed to be all about. Money functioning without trusted intermediaries. The entire point of Bitcoin was to give people a way to transact with their money that no one could disrupt, insert themselves into the middle of, or rent seek off of.
That is the exact situation Gazans find themselves in for the last year. Completely cut off…
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Italy announces a significant rise in capital gains tax on cryptocurrencies, including Bitcoin, to 42%, as revealed by Vice Economy Minister Maurizio Leo. This strategic move, disclosed during a press briefing on the 2025 budget, targets generating additional funds to bolster family, youth, and business support across the nation. Since 2023, such gains were subject to a 26% tax, a substantial increase from earlier, more favorable rates.
This tax adjustment aligns with global trends, mirroring considerations in the UK to elevate capital gains taxes on digital assets. The Italian government’s approach reflects a broader commitment to fiscal responsibility and economic sustainability, aiming to harness the financial potential of the burgeoning cryptocurrency market.
The revised tax strategy coincides with efforts to reduce cash transactions to curb tax evasion. Despite concerns, Prime Minister Giorgia Meloni assures that the tax reforms are specific and will not impose new burdens on the general populace, reaffirming commitments to structural tax cuts and social welfare enhancements.
Imagine a highway: The more lanes you have, the more cars can travel simultaneously without creating a traffic jam.
For a blockchain network, a high-throughput sequencer acts to widen that highway — allowing far more data and complex operations to flow through smoothly. This is especially important for applications such as onchain games, demanding DeFi protocols and social apps, where large volumes of transactions and interactions need to be processed without delay.
Sequencer throughput determines how much computational work a blockchain can process in a given time, directly impacting the scalability and efficiency of dapps. Higher throughput allows the network to manage spikes in…
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Over the past 24 hours, Mantle’s MNT/USD price has risen 3.57% to $0.63. This continues its positive trend over the past week where it has experienced a 6.0% gain, moving from $0.60 to its current price. As it stands right now, the coin’s all-time high is $1.54.
The chart below compares the price movement and volatility for Mantle over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
Mantle’s trading volume has climbed 40.0% over the past week, moving…
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