AI Memecoin Mania & Solana Celebrates New Records

AI Article Audio BTC +15 more

Key Takeaways

  • The crypto market slid last week as all eyes remain on the U.S. presidential election. Solana (SOL) was one of the few exceptions to record a weekly gain. 
  • Stripe’s acquisition of stablecoin company Bridge will be looked back on as one of the highlights of 2024. Not only does it help legitimise the crypto industry, it should help accelerate stablecoin growth.
  • Kraken announced Ink, an Ethereum L2 built on Optimism’s OP Stack. It is expected to go live in early 2025.
  • Among the other altcoin updates covered: growth in Solana’s metrics and Maker’s disappointing rebrand.

Important upcoming macro dates:

  • Nov. 1: U.S. non-farm payrolls
  • Nov. 5: U.S. presidential election
  • Nov. 7: U.S. interest-rate decision and Fed Chair Powell’s press conference

00:00 Intro and Crypto Industry Updates

00:40 Market & Fed Analysis

03:00 Stripe Acquisition

06:30 Memecoin Trends

12:16 Kraken’s Ethereum L2

15:34 Ethereum Roadmap

22:48 Maker’s Rebrand

26:37 Upcoming Events

30:24 Microsoft Bitcoin Proposal