🪙 Coins… Bitcoin’s price hit an 18-month high, and ethereum climbed above $2K for the first time since April. Possibly driving the moves: anticipation that the SEC could soon approve a spot bitcoin ETF, and that a spot ether ETF could be in the works.
💰 Spendy… Yuga Labs cofounder Wylie Aronow (aka Gordon Goner) snapped up $1.5M+ of name-brand NFTs (including CryptoPunks, Doodles). The buying spree came as NFT trading volumes hit $307M in October, up 20% over the month (but still down big time from last year).
📸 Flashy… Circle, the biz behind the USDC stablecoin, is said to be considering going public. Though it bailed on a plan to go public last year (recall: SPAC fatigue, crypto winter), Circle’s now benefiting from higher interest rates as it sits on $24B in reserves.