News Summary from the Last 24 Hours!
๐ฅ BNB Chain has issued a $45M Airdrop to compensate Memecoin traders who were affected by the recent market downturn, distributing the funds to over 160,000 addresses.
๐บ๐ธ ETF Flows: Approximately $326.4M worth of BTC and $428.5M worth of ETH were sold on October 13th.
๐จ JPMorgan announced that it will allow clients to trade Crypto, with custody services to follow later, but not in the short term.
๐จ Security Alliance launched TLS Attestations, a new tool that uses Cryptographic Verification to combat Crypto Phishing and identify dangerous websites.
๐จ According to a report from Santiment, Crowd FUD (Fear, Uncertainty, and Doubt) remains an effective Contrarian Buy Signal; after the four most negative sentiment days in the last seven months, Bitcoin's price always recovered.
๐ฅ BlackRock CEO Larry Fink revealed that the company is developing its own technology for Asset Tokenization.
๐ฌ๐ง The UK FCA (Financial Conduct Authority) has advised that Fund Managers be allowed to Tokenize Investment Funds.
๐บ๐ธ Jerome Powell warned that a long-term government shutdown could cause delays in the release of October economic data and make policy decisions more difficult.
๐จ Celsius won its case with Tether, reaching a $299.5M settlement and ending a year-long court battle valued at over $4.3B.
๐จ Binance launched the โTogether Initiativeโ a $400M plan to restore community confidence, providing a $4Kโ$6K USDC compensation to users and creating a $100M Loan Fund for investment institutions.
โก๏ธ Japan is preparing to introduce new regulations to ban Cryptocurrency Insider Trading.
๐จ VanEck has submitted a new Prospectus for a Solana Staking ETF with a proposed fee of 0.30%.
๐บ๐ธ Congressman Troy Downing introduced a bill to formalize Donald Trump's Executive Order, which would allow the inclusion of Cryptocurrencies and Alternative Assets in 401(k) Retirement Accounts.