Bitcoin is down 4% at $11,160
Ethereum is up 2.5% at $366
and XRP is up 5% at 28 cents

Top gainers in the last 24 hours:
Hedge Trade up 37%
and bluezelle up 30%

Bitcoin tested 12k yesterday and saw 12% drop in 6 minutes as it met a wall of futures positions

Decentralized exchange volumes rose to 4.3 billion in July.

Coinbase launched a 2% rewards program on DAI stablecoin accounts.

The number of Robinhood users holding Kodak jumped 1200% on government loan.

Japanese brave browser users are on the deck to receive BAT tokens as rewards for web browsing.

Links:

• Coinbase Now Offers 2% Rewards on Dai Stablecoin Accounts - CoinDesk
• The number of Robinhood users holding Kodak stocks soars after Trump admin announces $765M loan - The Block
• Brave browser's Japanese users will soon be able to receive BAT token - The Block
• Decentralized exchange volumes surged to $4.3 billion in July, breaking monthly record - The Block
• Bitcoin and Ethereum crash by more than 12% in 6 minutes as more than $1B of positions gets liquidated - The Block

Bitcoin is down slightly at $7,381
XRP is up 2.6% at 22 cents
and Ethereum is down 1% at $146

Top gainers in the last 24 hours:
Dentacoin, up 15%

US treasury secretary Steve Mnuchin and federal reserve chairman Powell are not keen to issue a digital dollar within the next 5 years.

Brad Sherman of California who has been outspokenly opposed to crypto has been elected as chairman of the subcommittee on investor protection.

Brave browser has crossed a notable threshold to 10 million monthly active users.

Kraken has added support for the swiss franc in a partnership with lichtenstein based Bank Frick.

Great North data, a Canadian government-backed bitcoin miner has filed for bankruptcy while owing creditors over 7 million.

Links:

• Mnuchin, Powell see no need to issue digital dollar 'in the next 5 years' - The Block
• Anti-crypto Congressman Brad Sherman elected to chair Subcommittee on Investor Protection - The Block
• Privacy-focused Brave browser crosses 10M monthly active users - The Block
• Kraken adds support for Swiss francs - The Block
• Canadian government-backed bitcoin miner goes bankrupt, owing millions to creditors - The Block

IRS Publishes Guidance

Brave Goes Cheddaruck

Zuck Speaks on Hill Oct. 23

Links:

• The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years - CoinDesk
• Blockchain Browser Brave to Offer Free Access to Premium Cheddar Content - CoinDesk
• Facebook CEO Mark Zuckerberg to Testify Before Congress Over Libra Crypto - CoinDesk

Bitcoin is up 4.7% at $10,493
XRP is up 1% at 31 cents
and Ethereum is up 2.6% at $219

Top gainers in the last 24 hours:
Bytecoin up 23%
Zclassic up 17%
and Byteball up 16%

Walmart has filed a patent for a fiat-pegged stable coin that echoes the ghost of Facebook’s Libra project.

The Brave browser’s BAT can now be used on Twitter to tip.

Square is showing 125 million in reported bitcoin sales through the Cash App

London based CEX.IO is now operational in 31 states and DC.

Links:

• Blockchain Browser Brave Launches Token Tipping Service for Twitter Users
• Walmart could be looking to rival Facebook’s Libra with a USD-pegged stablecoin issuance, a patent filing shows - The Block
• Crypto Exchange CEX.IO Expands US Service to Cover 31 States - CoinDesk
• Square's Q2 Bitcoin Revenue Nearly Doubles From Previous Record - CoinDesk