Crypto fundamentals: Circle earnings, SEC Canton ruling, Bittensor growth, BTC levels
Circle beat estimates and the SEC reportedly gave Canton Coin a no-action letter. Bittensor revenue is growing 40% month over month, while traders watch BTC around $78k and some short alts.
What we know
CoinDesk reports Circle's Q3 net income of $226M and revenue of $778M, with USDC onchain volume up 49%. An account on X quotes the SEC commodity designation for Canton Coin. Another account on X highlights Bittensor's 40% MoM revenue growth. On price, another account on X RTs a $160k target with invalidation under $75.5k, and Coinbase Markets cites an 80% chance of BTC above $80k this month. Another account on X is shorting BNB. Another account on X quotes Saylor on bipartisan support for Bitcoin reserves.
Sources
“Circle reports Q3 net income of $226M”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.