Daily Market Brief

Oct 10, 2024

Daily Market Brief 241010

Peter-Headshot
Peter Chung
RM
Rick Maeda
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  • Markets were down across the board with BTC down 2.7% and ETH down 2.7%, currently $60,629 and $2,370 respectively as of writing.

  • In a much anticipated documentary, Tuesday night’s HBO “Money Electric: The Bitcoin Mystery” suggested early Bitcoin developer Peter Todd is its creator, Satoshi Nakamoto - Todd immediately denied the claim.

  • In some FTX related news, former CEO of Alameda Research Caroline Elliso agreed to turn over "substantially all" of her remaining assets to debtors to settle a lawsuit filed by the FTX estate, while former executive Ryan Salame, scheduled to start his prison sentence in a few days, asked the court for a delay in starting his prison sentence to December in order to get medical care after a dog-attack related injury over the summer.

  • Over the last 24 hours, the top three gainers were $BABGYDOGE, $CHZ, and $BDX while the top three losers were $MOG, $GIGA, and $RUNE.

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Peter-Headshot
Peter ChungHead of Research
RM
Rick MaedaResearch Analyst