MakerDAO users can finally stake multiple cryptocurrencies to back the Dai stablecoin. Multi-Collateral Dai went live with support for Brave’s Basic Attention Token. Additionally, the upgrade continues support for Ethereum-based collateral. Other tokens, including Augur and 0x, may be on the way as well.

Iran’s government shutdown internet access across the country in response to widespread protests. Iranians have taken to mesh networks to regain some access, emphasizing the need for a more decentralized alternative to the internet.

• Maker has a bullish short-term and medium-term trading outlook
• The four-hour time frame shows a large inverted head and shoulders pattern
• The daily time frame shows an even larger inverted head and shoulders pattern

Maker has seen a rapid change to its short and medium-term trading status, with the cryptocurrency adding over 25% to its trading value so far this month.

Towards the end of October, the MKR / USD pair started to receive buying interest again, after enduring four-consecutive months of heavy trading losses.

Crypto markets are too small and Bitcoin would need to see prices around $150,000 to warrant an ETF. That’s the view of Fundstrat Global co-founder, Tom Lee.

According to Lee, market size is key to unlocking SEC approval for an ETF. The total capitalization of the cryptocurrency market is currently hovering just under $250 billion, according to CoinMarketCap. Bitcoin accounts for over 65 percent of its value.

The cryptocurrency market is mixed as the new trading week begins with Bitcoin failing to rally away from critical technical support. A number of altcoins including XRP, Bitcoin Cash and Stellar are following along.

The U.S. Federal Reserve published its latest Financial Stability Report and its assessment of stablecoins is surprisingly positive.

Stablecoins as a class include dollar-pegged cryptocurrencies like Tether, which are backed by traditional assets. Though the Reserve doesn’t drop names, it is mainly concerned with stablecoins that have global relevance.

The Internal Revenue Service is actively looking into potential money laundering and tax evasion issues posed by Crypto ATMs, a top official said to Bloomberg.

Cryptocurrency ATMs and kiosks allow users to buy and sell cryptos with cash in many locations across the world.

Bitfinex announced its intent to dismiss a Tether-related class action lawsuit, calling its allegations “ridiculous”. Filed on Oct. 6, the lawsuit alleges that Bitfinex and Tether operated a “sophisticated” scheme aimed at defrauding investors and manipulating the market.  

The World Gold Council hit back at the high-profile Drop Gold campaign, arguing investors see crypto as risky and speculative. But do the figures support that assertion?

The council released the results of a survey of 18,000 people in India, China, the U.S., Germany, Canada, and Russia designed to provide “valuable insights into what, how, why and where people buy gold… [in] the wider context of retail investment and luxury goods in general.”

Nervos, a proof-of-work challenger to Bitcoin, had its mainnet go live. The release comes on the heels of its $72 million token sale.

The Nervos CKB mainnet Lina just went live. The projects is attempting to solve the scalability issues faced by proof-of-work blockchains. Bitcoin, for example, is often criticized for its relatively high transaction fees and limited throughput. Nervos also claims that it will extend the capabilities of a pure transaction cryptocurrency by building smart contracts and layer 2 scaling into its project.