Top crypto and macro news of the day:
• VanEck withdrew its registration for its Lido Staked Ethereum ETF with the SEC.
• Polygon completed its acquisition of Coinme, turning Open Money Stack into a US-regulated payments platform.
• The S&P 500 suffered its biggest drop since July 29 as US inflation accelerated (market value fell by approximately $800 billion).
• The European Banking Authority (EBA) officially recognized Circle’s USDC as the first significant stablecoin in the EU under MiCA regulations (under direct supervision starting November 12).
• Bitwise CIO Matt Hougan believes that nearly any macroeconomic scenario (inflation, recession, or an AI boom) will ultimately lead to BTC rising.
#Crypto #Bitcoin #Ethereum #news #Web3
• VanEck withdrew its registration for its Lido Staked Ethereum ETF with the SEC.
• Polygon completed its acquisition of Coinme, turning Open Money Stack into a US-regulated payments platform.
• The S&P 500 suffered its biggest drop since July 29 as US inflation accelerated (market value fell by approximately $800 billion).
• The European Banking Authority (EBA) officially recognized Circle’s USDC as the first significant stablecoin in the EU under MiCA regulations (under direct supervision starting November 12).
• Bitwise CIO Matt Hougan believes that nearly any macroeconomic scenario (inflation, recession, or an AI boom) will ultimately lead to BTC rising.
#Crypto #Bitcoin #Ethereum #news #Web3