Ether Gains 2.5%, Outperforming BTC and Maybe Primed for More Upside

Ether {{ETH}} is primed for a period of upside price action after underperforming against bitcoin {{BTC}} in recent weeks. Skeptics have claimed that the emergence of layer-2 networks has seen Ethereum fall out of favor among DeFi traders, but the data tells a different story.
From Existential to Irrelevance Risk

The crypto industry faces the next big risk on the way to a maturing asset class: irrelevance, says Ilan Solot.
Making Crypto Tokens Useful and Fair

Instead of parsing the Howey test, founders should prioritize making tokens useful and fair, say Jake Chervinsky and Rebecca Rettig.
Venn Network Aims to Solve DeFi’s Hacking Problem With More Decentralized Tech

Creator Or Dadosh says Venn creates a “completely new economy” for crypto security.
Inspired by Trump, Florida Official Eyes State Bitcoin Stockpile for Retirees

Florida’s chief financial officer proposed that the funds that support retired state workers should dabble in crypto, inspired by Republican presidential candidate Donald Trump’s support for the U.S. government stockpiling bitcoin {{BTC}}.
Degens Are Searching for Further Leverage on MicroStrategy and Winning Massively

The T-REX 2X long MSTR Daily Target ETF (MSTU) has rallied 235% since its introduction six weeks ago, an annualized equivalent return of 57,000%, according to Bloomberg analysis.
Institutional Investors Position for Bitcoin Volatility Into the U.S. Election

Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.
Opportunities for Blockchains and Digital Assets to Support and Enhance U.S. National Security

With regulatory certainty, the national security benefits of digital assets and blockchain technology will grow exponentially, say four national security experts.
Protocol Village: River, Protocol for Securing Communications, Acquires Llama, Protocol for Decentralized Governance
The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs

In this week’s issue of The Protocol, our newsletter on blockchain tech, we’re covering the Optimism’s $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket’s (negligible) impact on Polygon’s bottom line.
