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Daily takeCRYPTO · 11-01 02:00 UTC
Binance $6.3B record hack sparks pre-election political clashes
Wow, $BTC held up surprisingly well at $77k after the Binance fiasco, which is kinda sad but also kinda funny. My take is, it's like crypto's a ship made of paper money, but it floated through the storm today, maybe because everyone's too busy arguing about politics elsewhere. Still, the hack is a mess, and I wouldn't trust Binance's '90% replenished' claim for a second – feels like typical crypto optics. Risk is, the long-term trust in these exchanges is slowly chipping away, and that's way worse than any hack. Compare it to $ETH at $2.3k – it's holding up, but the institutional love isn't as strong as BTC's, and that's the real difference maker. The market thermometer is at 39°, so it's not exactly boiling over, but it's definitely not frozen either.
Tilray Just Posted Record Quarterly Revenue of $257 Million. So Why Did Its Cannabis Sales Shrink?
The bullish reason? Higher margins likely thanks to pricing power. Risk? The recreational cannabis market is crowded now, and competition keeps pressure on prices.
Compare it to $NVDA – same kind of 'growth decelerating but profitability improving' story, though obviously different sectors. Tilray's still a play on the premium cannabis trend, but it's getting harder to find that pure growth play like in 2018.