Stablecoin Economy Sheds $1.52 Billion in September, Revisiting a 2-Year Low


Drawing from the latest figures, the stablecoin economy saw a notable $1.52 billion in redemptions unfold from September 1 through September 30, 2023. Within the top ten standings, two stablecoins notably bore the brunt of these redemptions: FRAX and BUSD. The two assets saw their supplies erode...

Congress Passes Funding Bill to Avoid US Government Shutdown


The United States Senate passed a bipartisan bill on Saturday evening, just three hours before the midnight deadline, to prevent a government shutdown.  The bill, which received overwhelming support with a vote of 88 to 9, funds the government for the next 45 days, until November 17.  In a late...

Bitcoin Ordinal Inscriptions Cool Down After Historic Peak


Bitcoin Ordinal inscriptions have tapered off markedly since September 24, 2023, following a historic peak on September 15. This deceleration emerges as inscriptions nestled within the Bitcoin blockchain verge on the notable 35 million milestone. A Look at Bitcoin’s Recent Inscription Decline...

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