
Crypto Surges and Meme Coins Rally Despite Hot PPI Print
Despite a hotter-than-expected PPI report, the crypto market is seeing strong gains. Meme coins like POPCAT and SPX lead the charge, setting new highs.

Despite a hotter-than-expected PPI report, the crypto market is seeing strong gains. Meme coins like POPCAT and SPX lead the charge, setting new highs.

FBI creates its own cryptocurrency. US to sell $4.4B in Bitcoin. Plus, Bitcoin's price action and more.

Spot BTC ETFs experienced significant outflows of $30.6 million on October 9th, while ETH ETFs remained flat. China began liquidating seized ETH from the PlusToken case. Plus, a PwC study reveals nearly half of traditional hedge funds are now investing in crypto.

October 8 witnessed major net outflows from spot BTC and ETH ETFs, according to Farside data. Solana also saw impressive developer activity growth this month, adding to its momentum in the blockchain space.

Bitcoin is currently experiencing a pullback, meeting resistance near the 200-day moving average. Meanwhile, Bitcoin ETFs have attracted significant inflows, indicating continued interest in the cryptocurrency market.

The crypto community speculates whether Len Sassaman was Bitcoin’s creator. Meanwhile, Ethereum’s new proposal aims to boost throughput by 50%, and Sui Network breaks into the top 20 coins.

The Coinbase Premium Index is showing signs of recovery, often signaling a potential Bitcoin price surge. Meanwhile, key altcoins like XRP, APT, and LINK are dominating crypto conversations, and AI predicts a potential FTT price increase of 10.42% by October 31, 2024.

Cryptos kicked off October strong, but tensions between Israel and Iran triggered a sharp decline. Meanwhile, DEGEN surged 140% on news of its Coinbase listing.
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