Morning News | Overview of important developments overnight on October 16

1. Data: Starknet bridge TVL reaches 718,585ETH;

2. Justin Sun pledged 282,796 ETH on Lido through 2 addresses;

3.Fox reporter: Grayscale team is still preparing to convert GBTC into ETF;

4.IntoTheBlock: Long-term Bitcoin holders own 69% of the supply;

5. Analysis: Bitcoin’s bullish trend may spur purchases of certain altcoins;

6. The US SEC did not appeal the Grayscale Bitcoin Trust case, driving NFT trading volume to increase by 15%;

7. Kraken forms global partnership with Formula 1 team Williams Racing