In today's crypto rollercoaster, Magic Eden's trading volume skyrocketed to $60 million, fueled by ME token anticipation, while U.S. spot Bitcoin ETFs faced a $1.2 billion exodus over eight days. Friend.tech made waves by transferring control to a burn address, causing its FRIEND token to plummet 26%. Meanwhile, Telegram's Pavel Durov shook things up by disabling "People Nearby" and introducing "Businesses Nearby." Roblox and Shopify joined forces to bring e-commerce to the metaverse, set to launch in early 2025. Fetch.ai teeters on a bearish trendline with potential breakout targets, and DRiP secured $8 million to empower creators with direct fan engagement. The crypto market braces for potential Fed rate cuts, with warnings of economic troubles ahead. Amidst the chaos, new wallet creation on Ethereum hit a 4-month high, and EigenLayer prepares to distribute 86 million EIGEN tokens in its Season 2 campaign.

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