Kevin O'Leary says ETH will not become the standard for 11 industries
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Kevin O'Leary stated at the Avalanche Summit that ETH will not become the standard for 11 industries, and pointed out the market's demand for trading speed and Avalanche's advantages in multi chain models.
Haseeb Qureshi stated at the Avalanche Summit that Bitcoin is expected to reach $100000, but believes that the possibility of a rebound by the end of the year is unlikely, and pointed out that Anthropic employee unlocking may be a catalyst for a rebound early next year.
The US Senate rejected the CLARITY Act bill with a vote of 49-50. Senator Thom Tillis proposed a motion for reconsideration, and seven Democrats who voted against it stated that they are still committed to legislation on cryptocurrency market structure. However, due to differences in ethical provisions and the Senate's recess on October 2, the time window for reaching an agreement on the bill before 2026 is narrowing. (Source: Cointelegraph)
The Shark Tank investor says Congress will face pressure to revive crypto market structure legislation as it moves to establish tax rules for digital assets.
The number of USDT non-zero addresses on the Ethereum chain decreased by approximately 251000 within 11 days, marking the fastest contraction since the FTX event in December 2022. (Santiment)