1. EachPod

BTC drops below $70k, Coinbase falls most in 2 years, Tether profits soar!

Author
Rug Radio
Published
Fri 01 Nov 2024
Episode Link
https://podcasters.spotify.com/pod/show/degenzlive/episodes/BTC-drops-below-70k--Coinbase-falls-most-in-2-years--Tether-profits-soar-e2qebbv

BTC drops below $70k, $500m OI wiped out. BTC ETFs top 1m BTC held. Coinbase falls the most in 2 years. Tether reports $7.7bn profit, holds $100bn treasuries. Franklin Templeton tokenises fund on Base. Trump’s WLFI cuts fundraising target by 90%. Stablecoins should be replaced by CBDC: Treasury. Prison guards asked CZ for token tips. BTC & gold win with Trump election: JP Morgan. Expect friendlier regulation ‘regardless of election’. CryptoCom gets license for stocks in US. Gotbit founder indicted for wire fraud. Venmo can now be used for Uniswap trades.

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