Blockworks
It’s a play, it’s a musical, it’s a satire, it’s a comedy — it’s Bitcoin’s first time on the small stage
Ever since rates came off zero and fiscal deficits exploded, markets have started paying close attention to how the government is funding itself
August’s annual headline figure came in at 2.3% after an upward revision Thursday, so things are moving in the right direction
Coinbase’s final total for Q3: $331 billion, the equivalent of 15% of the total crypto market cap at the time
Reports swirled yesterday that Musk’s funding round for xAI would value the startup at around $40 billion
Markets are, unsurprisingly, still all but certain (96% sure) the Fed will opt for another 25bps interest rate cut next month
Bitcoin stopped $175 short of setting a new price record on Tuesday evening
Solana memecoins are collectively at an all-time high
Optimistic rollups like Optimism, Arbitrum and Base are seeing rapid adoption relative to zk rollups
While inclusion lists could strengthen Ethereum’s censorship resistance, they also raise legal questions that might push participants out of regulated markets