The Block
Toncoin’s value has increased by over 7% in the past 24 hours, while other major altcoins, such as Ether and Solana, have traded flat during the same period.Despite Toncoin’s gradual recovery since the arrest of Telegram founder Pavel Durov by French authorities, the altcoin has dropped out of the crypto top ten, with Tron taking its place.
Quick Take Snapshot X has launched today, introducing a protocol that enables gas-free onchain voting for decentralized autonomous organizations.
Analysts at Bernstein predict a wide divergence in outcomes for bitcoin depending on who wins the U.S. presidential election.Donald Trump currently leads Kamala Harris 52% to 47% on the decentralized predictions platform Polymarket.
Bitcoin remains under $55,000, and ether trades below $2,300 after the U.S. non-farm payroll data showed lower-than-expected numbers.Now, markets are looking toward more U.S. inflation data this week and the first presidential debate between Harris and Trump.
Quick Take Fractal Bitcoin launched its mainnet today, deploying a Bitcoin scaling solution that leverages the core codebase. The project is led by Unisat and Block Space Force, both acting as core contributors.
Bitcoin is holding above the $68,500 mark after a surge in cryptocurrency market liquidations over the weekend.QCP Capital analysts note rising demand for $75,000 call options expiring in November and heightened volatility in U.S. election-day options.
Crypro investment products attracted another $2.18 billion worth of net inflows globally last week, bringing year-to-date figures to a record $29.2 billion, according to CoinShares.The firm’s head of research, James Butterfill, said the weekly inflows were driven by “election euphoria” over a Republican win.
Tron founder Justin Sun and Sonic Labs co-founder Andre Cronje claimed Coinbase charges substantial listing fees.Coinbase CEO Brian Armstrong asserted that asset listings are free.The distinction is allegedly related to fees for Coinbase’s Earn and Custody programs being linked to potential listings, Sun and Cronje claimed.
Quick Take OpenSea CEO Devin Finzer said a new platform built ‘from the ground up’ will be launching next month. While the NFT trading platform’s market share of trading volumes has improved in recent months, overall non-fungible token sales have sunk to their lowest levels since 2021.
Quick Take Vlayer has raised $10 million in a pre-seed funding round from a16z CSX, Credo Ventures, BlockTower and others. The startup is developing “verifiable data infrastructure” or “Solidity 2.0,” which will introduce new functions to Ethereum’s programming language.
