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Last Friday, the S&P 500 rose 0.85%, with about 80% of S&P 500 companies that reported earnings so far have exceeded expectations. Investors remain cautious ahead of the US presidential election and geopolitical risks, while upcoming data on PMI, durable goods, and home sales will be in focus. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 2.48%, with Bitcoin and Ether rising by 0.27% and 0.01%, respectively in the past 24 hours.
Today's top performer is APE, which surged 67.1% following the launch of its official bridge and the excitement surrounding an upcoming live event.
ApeCoin (APE), launched in March 2022, is an ERC-20 token for the Bored Ape Yacht Club (BAYC) ecosystem, serving as its governance token. Valued by NFT collectors, it extends beyond a meme coin, supporting a broader ecosystem of NFTs and the metaverse. Its celebrity endorsements position it as a potential long-term investment for BAYC enthusiasts. ApeCoin announced the official bridge for transactions at apechain.com/portal, encouraging users to tweet and pin the message. The community is actively using the bridge, and excitement is building for an upcoming live event with Top Trader.
Pump.fun has launched Pump Advanced, the fastest trading terminal featuring mini charts, top holder stats, and social activity in a single view. For the first month, users can trade with 0% fees. The platform offers secure login via email through Privy, enabling the creation of non-custodial wallets.
Date | GBTC (M USD) | Non-GBTC (M USD) | Total (M USD) |
14 October 2024 | 37.8 | 518.1 | 555.9 |
15 October 2024 | 8.0 | 363.0 | 371.0 |
16 October 2024 | 0.0 | 458.5 | 458.5 |
17 October 2024 | 45.7 | 424.8 | 470.5 |
18 October 2024 | 0.0 | 273.7 | 273.7 |
Total (weekly) | 91.5 | 2,038.1 | 2,129.6 |
Current Total (from inception): | (20,050) | 41,058 | 21,008 |
Between 14–18 October 2024, the BTC Spot ETF saw a total trading volume of $2,129.6M, with $91.5M from GBTC-related activity and $2,038.1M from non-GBTC sources. The highest daily volume occurred on 14 October at $555.9M, while the lowest was on 18 October at $273.7M. Cumulatively, the current total stands at -$20,050M for GBTC, $41,058M for non-GBTC, and $21,008M overall.
To prepare for zkSync’s potential second airdrop, participating in governance is crucial. Acquire ZK tokens by swapping $5-$10 on zkSync via Jumper Exchange, and delegate your voting power through zkSync's governance portal. If you can vote actively, select "Myself," but if not, delegate to someone reliable to ensure participation. The first on-chain proposal will open soon, so act quickly to maximize your chances for future rewards.