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Bitcoin at Three-Month Highs & Crypto’s Largest Acquisition Deal To Date
- 2024/10/22
- 再生時間: 33 分
- ポッドキャスト
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サマリー
あらすじ・解説
Join Matt and Nick as they discuss Bitcoin's recent surge and Stripe's alleged $1.1B acquisition of stablecoin company Bridge. They also cover a16z's annual report on the state of crypto, the disappointing launch of World Liberty Financial (WLFI), and more.
Key Takeaways
- Bitcoin (BTC) hit a three-month high of $69,400 and BTC dominance climbed to its highest level since March 2021 of 58.5%. This latest rally comes as several other traditional assets are posting all-time highs.
- Payments giant Stripe reportedly acquired stablecoin company Bridge in a $1.1B deal. If true, the acquisition would be the largest in the crypto industry’s history and should fuel further stablecoin growth.
- a16z crypto published its annual report on the state of crypto, highlighting stablecoin adoption, rising levels of onchain activity, and more.
- Among the altcoin updates covered: Arbitrum lost its long-held lead as the top Ethereum L2 by total value locked (TVL) and World Liberty Financial’s WLFI token sale disappoints despite its affiliation with Donald Trump and his three sons.