🐂 How Bullish are you for Uptober?

Author

Tracey Plowman
October 02, 2024

This Week in Crypto

In this week’s episode, Trace, Blake & Craig dive into a surprising end to September, which defied expectations and turned green for Bitcoin. Could this mean we’re headed for a bullish Q4?

Crypto Curious Archives - Equity Mates Media

Are you crypto curious? Do you hear NFT and think WTF? Have you heard about Bitcoin and Ethereum but unsure where to start?

equitymates.com/show/crypto-curious

Bitcoin & Ethereum at a glance.

X marks the spot.

Good articles.

3 Signs that Bitcoin’s Q3 Close Was Bullish

Bitcoin may not be embracing “Uptober” with a bang, but there are plenty of reasons to be bullish on BTC price performance.

3 signs that Bitcoin’s Q3 close was bullish (cointelegraph.com)

Crypto Laws Are Coming No Matter Who Wins Election: Rep. Tom Emmer

“Regardless of the outcome, I expect you to see digital asset legislation start to move in both bodies,” Emmer told Decrypt at the Messar Mainnet conference in New York this week. “I think it is ‘when,’ not ‘if,’ regardless of who’s in charge.”

Crypto Laws Are Coming No Matter Who Wins Election: Rep. Tom Emmer - Decrypt

New Solana Memecoin Expected to Surge 18,000%

While SOL, WIF, and BONK show limited short-term potential, DOGEN aims for a 700% growth in presale, promising luxury and community perks.

New Solana memecoin expected to surge 18,000% (crypto.news)

Coinbase’s Base Surpasses $2 Billion Total Value Locked, Ranks as Second-Largest Optimistic Rollup

Base, the Layer 2 Ethereum network developed by Coinbase, has crossed the $2 billion milestone in total value locked (TVL), making it the second-largest optimistic rollup by deposits, just behind Arbitrum.

Coinbase's Base Surpasses $2 Billion Total Value Locked (cryptonews.com)

Crypto things you didn’t know you didn’t know.

The first commercial bitcoin transaction was for pizza 🍕

On May 22, 2010, a man in Florida paid 10,000 bitcoins (BTC) for two pizzas. This is generally recognized as the first bitcoin transaction for a commercial purpose.

At the time, 10,000 bitcoins were worth about $40, making one bitcoin worth a little less than half a cent. If you had that number of bitcoins in September 2022, you'd be a bitcoin millionaire. 10,000 bitcoins have a market value of more than $190 million.

More really good articles.

Crypto Interest Rises Among Non-Owners, But Overall Ownership Declines Despite Bitcoin Surge

A new report from the Federal Reserve Bank of Philadelphia shows that while Bitcoin prices surged in 2024, overall crypto ownership has continued to decline. However, interest from Americans who have never owned cryptocurrency is increasing, with more expressing a desire to enter the market.

Crypto Interest Rises Among Non-Owners, But Overall Ownership Declines Despite Bitcoin Surge - EconoTimes

Shiba Inu Community Burns 2,378,422,108 SHIB in September as Monthly Burn Rate Spikes 249% 

The broader Shiba Inu community removed over 2.37 billion SHIB tokens from circulation amid the burn campaign in September. 

Shiba Inu Community Burns 2,378,422,108 SHIB in September as Monthly Burn Rate Spikes 249% (thecryptobasic.com)

Crypto Culture.

Dynamic Bitcoin Ordinals Artwork Will Be First Ever Auctioned at Christie's

“Ascend” a dynamic Bitcoin Ordinals piece from Ryan Koopmans and Alice Wexell, will be part of a live Christie's London auction on Oct. 10.