Core Insights - Dogecoin was initially not designed to be a functional cryptocurrency, being a less secure and less valuable clone of Bitcoin [1] - Despite its origins, Dogecoin has gained significant popularity, achieving a market cap of $37.6 billion as of October 9, making it comparable to established companies like Yum! Brands and Delta Air Lines [2] - The cryptocurrency landscape is evolving, with Dogecoin's market position declining from the 43rd largest five years ago with a market value of $328 million, as many coins above it have fallen out of the top 100 [3] Industry Trends - The future of cryptocurrencies is expected to be influenced by stricter regulations, the rise of crypto-based ETFs, and the Web3 trend, which emphasizes real-world utility [4] - By 2030, it is anticipated that cryptocurrencies like Chainlink, Avalanche, and Polkadot will surpass Dogecoin in market value due to their real-world applications [4] - The Web3 revolution aims to decentralize data ownership and digital assets, moving away from reliance on large tech companies [6] Competitive Landscape - Polkadot is highlighted as a key player in the Web3 space, designed to connect various cryptocurrencies and facilitate app development [8][10] - The shift towards regulated crypto ETFs and the adoption of Web3 technologies favors utility-driven cryptocurrencies over meme-based ones like Dogecoin [9]

Group 1 - A consortium of international banks, including Goldman Sachs, Deutsche Bank, Bank of America, and Banco Santander, is exploring the issuance of "digital money" on public blockchains, indicating a significant interest in leveraging blockchain technology for payments [1][2] - The consortium aims to create a 1:1 reserve-backed form of digital money that serves as a stable payment asset on public blockchains, focusing on G7 currencies [2] - The coalition is in contact with regulators and is assessing whether this offering could enhance competition and provide benefits associated with digital assets [3] Group 2 - There is a growing focus among banks on utilizing blockchain technology for payments, with stablecoins gaining traction as a faster and cheaper alternative to traditional payment systems [4] - Recent regulatory developments in the US and the European Union have provided a clearer framework for established companies to operate within, driving increased activity from large firms in the digital money space [5]

Fernando Vazquez, President of Capital Markets at Chainlink Labs, joined J.P. Morgan and State Street on @globalcustodian's day-two @Sibos panel to explore:• Modernizing financial infrastructure via blockchain technology• Building cross-system connectivity for tokenized assets• Creating data standards across global financeAnd much more—watch the full discussion ↓ ...

Extremely excited to welcome the @ADIChain_ to the ZKsync Elastic Network!The ADI Chain is introducing the first Dirham-backed stablecoin being developed by leading UAE institutions First Abu Dhabi Bank,@Adq_Official, and @ihc__official, and set to be regulated by the UAE Central Bank.Its goal is to bring 1 billion people onchain by 2030 by serving markets across the Middle East, Asia and Africa that lack access to blockchain technology and the real-world benefits it can provide to their citizens.ADI: A Dif ...

Today, Bitcoin struggles to hold the $113,000 level as investors analyze risks in the broader market. Jaime Diamond weighs in on use cases around stable coins. And Santiago Roel Santos of Inversion discusses what he expects from crypto in the fourth quarter.Welcome to CNBC's Crypto World. I'm Brandon Gomez. Crypto markets mostly holding steady this morning.As of noon Eastern, Bitcoin was little changed, hovering just under $113,000. Ether rose 3/10en of 1% to 41.83%. Meanwhile, the Trump familybacked World ...

Community Growth & Engagement - Team1 aims to be a global hub for blockchain enthusiasts, developers, founders, and anyone interested in blockchain technology, not exclusively Avalanche [1] - Team1 is designed to facilitate local crypto events and community growth [1] - Team1 offers opportunities to get paid for growing local crypto communities and educating the world about crypto [1] - Team1 is experiencing rapid growth in chapters and members [2] Future Outlook - Significant and positive changes are anticipated for Team1 [2] - The community is expanding at an accelerating pace [2]

RT Radha (@DrW3RK)"There are numerous ways blockchain technology can improve our lives!" - I speak at length about what inspires me to work for @Polkadot on this @coin68 interview at @gmvn_official https://t.co/Y9U4JahAnl https://t.co/cvF0WZnMmT ...

Technology & Partnership - Firms are partnering with Bluprynt to enhance security and verification in stablecoin issuance [1] - The partnership leverages cryptography and blockchain technology [1] Stablecoin Industry - The focus is on providing issuer verification for stablecoins [1]

Market Trends & Crypto Performance - Bitcoin dipped slightly below $120,000 but Ether rose to $4,468, approaching its 2021 all-time high of over $4,800; Solana also increased to $181 [2] - Increased crypto activity is observed when Bitcoin reaches all-time highs, impacting altcoins as well [12][15] - July saw elevated crypto activities with Bitcoin reaching approximately $123,000, followed by an "alt season" with Ethereum and Solana rising [13][15] Regulatory Landscape & Company Initiatives - Paxos is seeking a national trust bank charter, aiming for federal regulation [4][5] - Circle also submitted a bank charter application to the office of the controller of the currency [6] - Regulatory advancements in the US are seen as a positive sign for crypto, potentially leading to mainstream adoption [14] - eToro expanded its crypto offerings for US users, now allowing trading of over 100 cryptocurrencies and planning to launch staking [16][17] - eToro believes blockchain technology will facilitate the transfer of wealth as traditional assets move onto the blockchain, with plans to launch tokenized stocks [21] Company Financials & Performance - Circle reported a 53% jump in revenue, reaching $658 million from $430 million a year ago, but had a net loss of $482 million due to charges related to its NY debut; USDC circulation grew 90% year-over-year [6][7] - eToro's net contribution from crypto grew 34% year-over-year to $27 million, driven by higher invested amount per trade [9][11]

🤝We’re thrilled to announce our partnership with @MetaCarbon_Mist#MetaCarbon is the world’s first reward-based carbon management platform, integrating Web3, AI, and DeFi to incentivize sustainable actions. Unlike traditional carbon credit systems, MetaCarbon directly rewards users for eco-friendly behaviors, bridging real-world impact with blockchain technology🚀This collaboration is just the beginning! Stay tuned for more updates!#AscendEX #Crypto #MetaCarbon ...