1d ago
☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸Crypto ETFs for Solana, HBAR, and Litecoin are set to debut this week despite the U.S. shutdown, following new SEC guidance.
🔸Michael Saylor’s Strategy bought 390 BTC for $43M, raising its total to 640,808 BTC worth $74B - over 3% of Bitcoin’s supply.
🔸BitMine’s Ethereum holdings hit 3.31M ETH worth $13.7B after buying 77,055 ETH, now controlling nearly 2.8% of ETH supply.
🔸American Bitcoin, co-founded by Eric and Donald Trump Jr., bought $160M in BTC, bringing holdings to 3,865 BTC worth $450M.
🔸ETHZilla sold $40M in ETH to fund a $250M stock buyback, keeping $400M in ETH reserves as shares trade below NAV.
🌟Highlights
🔸Canada is fast-tracking stablecoin regulations to include in its Nov. 4 budget, aiming to curb capital flight and align with global policy.
🔸MegaETH raised $50M in minutes as its MEGA token sale hit 3x oversubscription, reaching a $1B valuation within hours.
🔸Coinbase partners with Apollo to expand stablecoin lending and tokenized credit services, eyeing a $3T market by 2030.
🔸Coinbase teams up with Citi to develop digital payment solutions and stablecoin payout options for Citi’s institutional clients.
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