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- Market Update - October 16, 2024
VaultCraft launches V2, TVL skyrockets above $100M
VaultCraft launches V2, partners with Safe, and secures $100M+ in Bitcoin
Matrixport, Asia’s leading crypto providers, commits $100M+ in Bitcoin
OKX Web3 to launch Safe Smart Vaults with $250K+ in rewards
Bitcoin’s price is up 7% this week. Leverage and open interest remain higher than usual, but if CryptoQuant data is correct, our recent pump did not come from a short squeeze.
For months, you've gotten used to downwards and sideways. It makes you forget that sometimes, markets go up!
This may get you excited for Banana Zone, Q4 explosion, 2025 bull run, and whatever else people are getting hyped up about. Would anybody be mad if Bitcoin’s price went higher and the altcoin market followed, but we didn’t get Banana Zone, Q4 explosion, altseason, etc?
Topics for this update:
Video
USDC be slackin’
What’s so important about $71k?
Metrics
Altcoins
I strongly advise you to read the summary below and watch the video update! You miss too much when you get only one of them!
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