Morning 🌅
• $BTC approached the $92,000 level amid expectations of a Fed rate cut.
• Nasdaq plans to quadruple the limits on BlackRock's Bitcoin ETF options.
• According to CryptoQuant, approximately $300 million worth of XRP has been withdrawn from Binance since the beginning of October.
• $ETH increased its gas limit to 60 million in preparation for the Fusaka upgrade.
• The volume of tokenized money market funds has reached $9 billion.
• The ADGM regulator has approved the $RUSD stablecoin for use by licensed institutional investors.
• CryptoQuant analysts warn of increased pressure from large $BTC holders, which could exacerbate the local decline.
• Strategy introduced a new creditworthiness indicator after the fall of $BTC.
• The Upbit exchange reported a $38.5 million hack on the $SOL network.
• Bolivia has legalized stablecoin payments and allowed banks to offer accounts and loans in digital dollars, the finance minister said.
• Donald Trump said the US could abolish income tax, compensating for the loss with revenue from tariffs.
• $SOL maintains its dominance in the tokenized stock market, holding more than 95% of trading volume; in October, the figure reached 99%, according to Syndica.
• According to BlackRock, gold and $BTC are the only assets that have gained global recognition as alternative forms of money.
• The $UNI community has preliminarily supported Uniswap's proposal to launch a buyback program and burn tokens.