🗞 Catch up on the news over the last 24 hours!
🇺🇸 Senator Cynthia Lummis says she's working on a de minimis tax exemption for daily Bitcoin transactions, urging supporters to contact their Senators and House members.
📊 Profit-taking remains at relatively low levels after Bitcoin reached new all-time highs, suggesting the rally may continue with no top in sight, per CryptoQuant.
🇺🇸 ETF FLOWS: Around $440.7M worth of $BTC and $69.1M worth of $ETH were bought on Oct. 8.
🚨 BitMEX co-founder Arthur Hayes says TradFi's new narrative is the "debasement trade."
🔥 $BNB mindshare surged 251.58% over the past week to 5.09% with "Very Bullish" sentiment, per Messari.
🇱🇺 Luxembourg’s Sovereign Wealth Fund has invested 1% of its portfolio in Bitcoin ETFs, marking the first move by a Eurozone state fund.
🔥 Silver just hit a new ATH at $50/oz for the first time in 15 years.
🔥 Bybit is now licensed by the UAE’s SCA to provide regulated virtual asset services.
🔥 Arthur Hayes says Bitcoin’s four-year cycle may break as new liquidity waves rise from the Fed and China.
🇺🇸 Roger Ver reaches tentative agreement with US DOJ over mail fraud and tax evasion charges, requiring him to pay $48M to settle the charges, per NYT.
🚨 Coinbase and Mastercard are in negotiations to acquire stablecoin startup BVNK for around $2B, with Coinbase reportedly leading, per Fortune.
⚡️ Ethereum developers launch Kohaku roadmap to enhance wallet privacy and security through a modular framework designed for developers and advanced users.
Read more: ct.com
