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- 🇪🇺 EU Regulators Force
Coinbase Removal of 'Non-Compliant' Stablecoins. Tether's USDT could soon be delisted by Coinbase as MiCA regulation goes into full effect. - 🟠 IMF Urges El Salvador to Scale Back Bitcoin Adoption. The International Monetary Fund is sounding alarms around President Bukele's BTC push.
- 💪 September U.S. Jobs Numbers Push Crypto Prices Higher. A resilient labor market could complicate Wall Street's expectations for aggressive rate cutting.
In the latest Rollup, we discuss escalating global tensions and their impact on crypto markets, questioning whether Bitcoin is a risk-on or risk-off asset in times of instability.
We also cover legal developments around Tornado Cash, the potential for an XRP ETF amid SEC scrutiny, and Visa’s new fiat tokenization platform on Ethereum. Plus, don’t miss details on the upcoming Kain vs. David fight at Permissionless!
Hear all of the analysis! 👇
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📸 Daily Market Snapshot: The crypto market wrapped the week on a high note as tokens pumped across the board, largely driven by positive reactions to the latest U.S. jobs numbers.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.17T | ↗ 2.8% | ↘ 6.5% |
|
BTC $62,322 | ↗ 2.6% | ↘ 5.4% |
|
ETH $2,427 | ↗ 3.7% | ↘ 9.9% |
|
APT $9.11 | ↗ 7.5% | ↘ 8.8% |
Blur Explained
Blur has had a rough 2024. The exchange saw gains and losses from its close association with the Blast L2, and the NFT market hasn't exactly been killing it lately either. But this has been a big month for BLUR's token, up a whopping 44% during a period where ETH has stayed flat.
In our latest update to Bankless Guides, we've shipped a new version of our Blur primer, capturing its activity, functionality, and future prospects.
Let's dig in 👇
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