It's Friday! In today's newsletter, Michael Saylor's MicroStrategy eyes a trillion-dollar valuation in its bitcoin bank endgame, Paradigm invests $20 million in the firm behind the Layer 2 blockchain Odyssey, blockchain analytics platform Arkham plans to launch a crypto derivatives exchange and more. Meanwhile, Mt. Gox pushes its repayment deadline to 2025. China's upcoming announcement on fiscal stimulus measures this Saturday could inject fresh liquidity into risk assets, potentially boosting the crypto market, according to several analysts.

It's Friday! In today's newsletter, Michael Saylor's MicroStrategy eyes a trillion-dollar valuation in its bitcoin bank endgame, Paradigm invests $20 million in the firm behind the Layer 2 blockchain Odyssey, blockchain analytics platform Arkham ARKM 
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 plans to launch a crypto derivatives exchange and more.Meanwhile, Mt. Gox pushes its repayment deadline to 2025.Let's get started.Michael Saylor said MicroStrategy's endgame was to become the world's leading bitcoin bank with the potential to reach a trillion-dollar valuation.Paradigm has invested $20 million in Ithaca, a spinoff from the venture capital firm that is building a Layer 2 blockchain called Odyssey.Popular blockchain analytics platform Arkham plans to launch a crypto derivatives exchange in November, targeting retail investors in an attempt to compete with giants like Binance.A crypto whale lost around $35 million worth of tokens in a phishing attack on the Blast network late Thursday.China's upcoming announcement on fiscal stimulus measures this Saturday could inject fresh liquidity into risk assets, potentially boosting the crypto market, according to several analysts.Never miss a beat withThe Block's daily digestof the most influential events happening across the digital asset ecosystem.

The Daily: MicroStrategy eyes trillion-dollar valuation in bitcoin bank endgame, Paradigm invests $20 million in Layer 2 project and more