? WazirX Publishes Proof of Reserves After $230M Hack:

WazirX has released its Proof of Reserves report following a $230 million hack, aiming to restore user trust and dispel disinformation surrounding the incident. The exchange emphasizes transparency as part of its recovery efforts. ?

? Kraken to Launch Ethereum Layer-2 Blockchain 'Ink':

Kraken announced Ink, a Layer-2 blockchain on Ethereum to enhance scalability and reduce transaction fees. The move strengthens Kraken’s DeFi initiatives, aiming to make Ethereum transactions faster and more efficient. ?

? Ripple Challenges $125M SEC Fine in Legal Battle:

Ripple has filed an appeal to contest the $125 million fine imposed by the SEC. Ripple's legal team argues that the penalty is unwarranted, seeking to redefine XRP's legal status and avoid regulatory setbacks. ?

@crypto_tradenew

? Bitcoin ETFs Drive Institutional Interest:

Spot Bitcoin ETFs could soon hold over 1 million BTC as institutional demand rises, with market analysts predicting November inflows to further boost Bitcoin's value. Investors remain optimistic about Bitcoin's growth potential in the institutional sector. ?

? Ripple’s XRP Eyes $1 Following Market Recovery:

Ripple’s XRP could hit $1 if the U.S. elections result in a positive market reaction. XRP is showing resilience after its 7.6% weekly correction, with analysts pointing to a strong recovery driven by favorable market conditions. ?

? Bitcoin Nears $70,000 Amid Bullish Surge:

Bitcoin is closing in on $70,000 as the U.S. election approaches, boosting market sentiment. Investors are flocking to Bitcoin due to concerns over global economic conditions, with traders predicting continued upward momentum. ?

? DeFi Protocol Suffers $50M Hack in Latest Exploit:

Radiant Capital suffered a significant exploit, with over $50 million stolen. ? The hack has raised concerns about the security of DeFi protocols, emphasizing the need for better risk management and audit measures. ?️‍♂️

?? Bitcoin Technical Analysis: BTC Faces Critical Resistance Above $69.5K

? On Oct. 21, 2024, bitcoin is trading at $68,322, supported by a market cap of $1.35 trillion. The cryptocurrency saw a 24-hour trading range between $68,145 and $69,431, with a trading volume reaching $28.79 billion. Technical indicators from multiple time frames present a mixed picture, highlighting crucial entry and exit points for traders.

? Avalanche Continues to Surge with Ecosystem Developments:

Avalanche (AVAX) has gained 20.1%, driven by the successful Avalanche9000 upgrade and a $40 million developer grant. ? New partnerships within the DeFi space are driving AVAX to new highs, making it one of the top-performing assets. ?