The Block
Quick Take Onramper is launching its crypto-to-fiat solution with partners, including MoonPay and Alchemy Pay. According to Onramper, the new off-ramp service will support 46 fiat currencies and over 500 cryptocurrencies in 200 countries.
Quick Take Solana-based NFT drop platform DRiP has raised an $8 million seed round led by NFX, Progression and Coinbase Ventures. The funds will be used to bring DRiP’s mobile app to market and expand the development of its creator tools.
Quick Take Global crypto investment products witnessed $726 million in net outflows last week amid rate cut uncertainty, according to CoinShares. This matches the largest recorded net outflows set in March, Head of Research James Butterfill noted.
Toncoin’s value has increased by over 7% in the past 24 hours, while other major altcoins, such as Ether and Solana, have traded flat during the same period.Despite Toncoin’s gradual recovery since the arrest of Telegram founder Pavel Durov by French authorities, the altcoin has dropped out of the crypto top ten, with Tron taking its place.
Quick Take Snapshot X has launched today, introducing a protocol that enables gas-free onchain voting for decentralized autonomous organizations.
Analysts at Bernstein predict a wide divergence in outcomes for bitcoin depending on who wins the U.S. presidential election.Donald Trump currently leads Kamala Harris 52% to 47% on the decentralized predictions platform Polymarket.
Bitcoin remains under $55,000, and ether trades below $2,300 after the U.S. non-farm payroll data showed lower-than-expected numbers.Now, markets are looking toward more U.S. inflation data this week and the first presidential debate between Harris and Trump.
Quick Take Fractal Bitcoin launched its mainnet today, deploying a Bitcoin scaling solution that leverages the core codebase. The project is led by Unisat and Block Space Force, both acting as core contributors.
Bitcoin is holding above the $68,500 mark after a surge in cryptocurrency market liquidations over the weekend.QCP Capital analysts note rising demand for $75,000 call options expiring in November and heightened volatility in U.S. election-day options.
Crypro investment products attracted another $2.18 billion worth of net inflows globally last week, bringing year-to-date figures to a record $29.2 billion, according to CoinShares.The firm’s head of research, James Butterfill, said the weekly inflows were driven by “election euphoria” over a Republican win.
