Crypto

Source: Coin Tegraph Tron DAO said in an announcement that DeFi applications JustLend and JustStable — with over $6.5 billion in TVL — will use Chainlink’s data feeds.  Read Full Article

Source: Bitcoinist In a recent report, the US Treasury Department detailed significant growth in key areas of the crypto ecosystem, emphasizing how this expansion has influenced demand for short-term Treasury bills (T-Bills), which are viewed as a safe investment backed by the US government’s credit.  $120 Billion In Stablecoin Collateral Tied To US Treasuries The…

Source: Coin Tegraph Bitcoin ETFs are making traders nervous due to their history of marking BTC price local tops in 2024. Read Full Article

Source: Bitcoinist Bitcoin is stretching gains, looking at price action in the past few trading days. At spot rates, buyers are “hungry” and aiming not only to confirm the rally of the past two days but also to close above March 2024 highs of around $74,000. Bitcoin “Golden Cross” Forms The optimism has been confirmed…

Source: Coin Tegraph Despite the growing number of investors, only 10% held over $7,200 worth of digital assets in their crypto portfolios. Read Full Article

Source: Coin Tegraph The DeFi Report founder, Michael Nadeau, said most of the value that left Ethereum flowed to layer 2s that would continue to drive value to the layer-1 blockchain.  Read Full Article

Source: Coin Tegraph The GFTN is established as the second phase of Singapore’s fintech growth initiative, which focuses heavily on payments, asset tokenization, AI and quantum computing. Read Full Article

Source: Bitcoinist Coinbase chief executive Brian Armstrong publicly went on to criticize the US Securities and Exchange Commission, declaring its stance on cryptocurrency “confusing and inconsistent”. He pointed out the issue of regulatory uncertainty as something looming over the sector’s head, which is hurting innovation and investor trust. Armstrong’s criticism mirrors the growing industry frustration…

Source: Coin Tegraph Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund’s preemptive lawsuit against the SEC. Read Full Article

Source: Coin Tegraph MicroStrategy’s stock price dropped after its Q3 earnings missed estimates, while an analyst forecasts more potential volatility after the US elections. Read Full Article