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Money & Crypto News

Stephen Mollah, a British-Asian macroeconomist claims to be Satoshi, yet leaves skeptics unconvinced as they walk out of event 😮

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Trump's Crypto Business Slashes Fundraise Goal by 90% After Lackluster Sales 📉

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MicroStrategy announces plans to raise $42 billion over next 3 years to buy more Bitcoin❗️

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According to Coinshares’ Q3 report, Bitcoin mining costs surged to around $49,500 per BTC in 2024, with total production costs, including depreciation, averaging $96,100.

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Robinhood's Q3 crypto trading volumes grew to $14.4bn, a 112% year-over-year increase from $286.2bn. Despite this growth, volumes still fell from $21.5bn in Q2 and $36bn in Q1.

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BlackRock IBIT's trading volume yesterday reached US$1.304 billion, 41% of which were active buy orders🕯🔼

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JACK MALLERS: 🟠 “It’s the finite promise of death, which gives value to my life, #Bitcoin gives that finite promise to our time, and our effort and our labor. It’s impossible for someone for someone on a fiat standard to value the paycheck they’re getting right now, if there’s theoretically infinite amount of dollars.”

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🫠 There's $2.1 billion worth of Bitcoin shorts to be liquidated at $74,000 💰

Max Keiser: "No supply over $74,000. We’ll see a gap to $100,000 then a swift trip to $200,000."

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💰 Bitcoin's hashrate reaches an all-time high 🔝

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💡 Florida’s CFO Jimmy Patronis Recommends Bitcoin Investment for State Retirement Funds Amid Growing Interest 💰

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🚨BREAKING: MrBeast is under investigation for ties to 50+ crypto wallets linked to potential insider trading, netting over $23M in total profits 👮‍♂️

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🟠 Bitwise CIO tells Yahoo Finance: "I think we're going above $100,000 on #Bitcoin" 🚀

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Binance announces the appointment of Jeff Li as its new VP of Product

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Florida Treasurer Calls for Retirement Funds to Invest in Bitcoin

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Fidelity FBTC had a net inflow of $133.9 million yesterday🕯

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💰 MICHAEL SAYLOR: "I'm a single guy with no kids—when I'm gone, just like Satoshi left a million Bitcoin to the world, I'll leave everything I've got to civilization."

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🗞 October 31, 2024 cryptocurrency news highlights

【Cryptocurrency】
MrBeast is under investigation for ties to 50+ crypto wallets linked to potential insider trading, netting over $23M in total profits 👮‍♂️

In a SEC filing, Reddit disclosed it sold most of its 💰 Bitcoin and cryptocurrency holdings in the third quarter, reducing Bitcoin and Ethereum assets previously held for treasury purposes

Economy
Russia to lift ban on Bitcoin mining tomorrow and plans to build mining and AI facilities in BRICS countries

Indicators
There's $2.1 billion worth of Bitcoin shorts to be liquidated at $74,000 💰

BlackRock IBIT's trading volume yesterday reached US$1.304 billion, 41% of which were active buy orders🕯🔼

Robinhood's Q3 crypto trading volumes grew to $14.4bn, a 112% year-over-year increase from $286.2bn. Despite this growth, volumes still fell from $21.5bn in Q2 and $36bn in Q1.

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Meme currency BAN on the Solana chain briefly exceeded $0.039, with a 24-hour increase of 73.7%

MicroStrategy announces plans to raise $42 billion over next 3 years to buy more Bitcoin❗️

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Meme currency BAN on the Solana chain briefly exceeded $0.039, with a 24-hour increase of 73.7%

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Russia to lift ban on Bitcoin mining tomorrow and plans to build mining and AI facilities in BRICS countries

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Yesterday, the U.S. Bitcoin spot ETF had a net inflow of $896.3 million, the second highest in history🕯🔼

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USDC Treasury issued 150 million USDC on the Ethereum network 3 hours ago💲

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Becoming the first NFL player to be paid in Bitcoin 🏈💪

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🗽U.S. Election Spurs Institutional Interest and Bullish Bets in Bitcoin Market 🐂

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🪙 In a SEC filing, Reddit disclosed it sold most of its 💰 Bitcoin and cryptocurrency holdings in the third quarter, reducing Bitcoin and Ethereum assets previously held for treasury purposes

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A Russian court fined Google a record $20 decillion (that’s 2.5 trillion trillion trillion dollars) for allegedly censoring pro-Kremlin YouTube content, more than all the money in the world⚖️💵

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🗞 October 30, 2024 cryptocurrency news highlights

【Cryptocurrency】
Crypto ghosted in U.S. Treasury Department's new strategy on Financial Inclusion as it isn't leaning on crypto as an option,
but it did briefly mention the technology as a risk 💵👻


Economy
Inside the Royal Government of Bhutan’s Bold $66M Bitcoin Transfer – Bhutan’s Government’s Crypto Strategy Unfolds, A Hands-on Style That Adapts To Shifting Market Landscapes 🪙

Indicators
The total Bitcoin contract holdings on the entire network exceeded US$43 billion, setting a new record high‼️

The Bitcoin Volatility Index rose to 62.55 yesterday, a single-day increase of 5.96%


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🤖Musk's flagship AI is negotiating financing at a valuation of $40 billion and hopes to raise billions of dollars 💰

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The Bitcoin Volatility Index rose to 62.55 yesterday, a single-day increase of 5.96%

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Bitcoin demand surges as Trump wins, ETF buying risesBitcoin demand surges as Trump wins, ETF buying rises

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The total Bitcoin contract holdings on the entire network exceeded US$43 billion, setting a new record high‼️

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Charles Schwab gave MicroStrategy the worst possible equity ranking of F 👀

Meanwhile, MSTR is up nearly 20% in the last 5 trading days.

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