If Bitcoin falls below $67,000, the cumulative long order liquidation intensity of mainstream CEX will reach 582 million
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In the past hour, the entire network has liquidated 23.215 million US dollars, mainly long orders🤔
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Tradfi podcasts are starting to pick up on MicroStrategy 🤌
“It’s kind of scary because what if Michael Saylor becomes one of the top ten richest people in the world?”
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U.S. Treasury yield curve is undergoing a notable bear steepening, a trend signaling rising economic jitters as the 2024 election nears, with the FOMC meeting close behind 🐻
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Bitfarms CEO: Trump says it is impossible to make all remaining Bitcoins "MADE IN THE USA" 🧐
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Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations ⛏️
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🪙Convenience store chain Sheetz now accepts crypto payments at all its locations — over 750 stores across multiple U.S. states — allowing customers to pay with cryptocurrencies and earn rewards
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Thailand Arrests Police Officers Accused of Staging Fake Interrogation to Extort 165,000 USDT 👮
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Yesterday, the total net outflow of Ethereum spot ETF was $10.925,600, and the ETF net asset ratio reached 2.29% 💰
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Yesterday, BlackRock IBIT's trading volume reached US$1.985 billion, with 45% of them being active buy orders🔼
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The CEO of Paxos has issued an urgent letter to both Trump and Harris, urging them to pursue immediate crypto reforms to preserve U.S. financial leadership 📨
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🇯🇵Metaplanet ranks as Japan’s second top stock with 740% YTD growth, boosted by adopting 💰 Bitcoin as a reserve asset amid economic pressures
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Bloomberg analyst says spot 💰Bitcoin ETFs have had "extreme" inflows the last 13 days 📥
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Coinbase CEO: Will Still Hold Most of the Company's Stock and Plan to Operate Coinbase for a Long Time
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NEW: 🇺🇸 Strive Asset Management, co-founded by Vivek Ramaswamy, announces it’s embracing Bitcoin in Texas 🙌🙌
Managing $1.7B, Strive reports a core part of its business moving forward will be “integrating Bitcoin into standard portfolios of everyday Americans.”
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🚀 How the money-printing super cycle could send 💰 Bitcoin to $3 Million with Mark Moss
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Robert Breedlove and Bram Kanstein explain why 1 Bitcoin = 1 Bitcoin 💪
“All the energy stored in Bitcoin right now will never be diluted, it can actually only become more once more people adopt Bitcoin.”
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Ethereum researchers drop EigenLayer advisor positions, citing neutrality complaints 👋
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Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase 📈
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🗞 November 2, 2024 cryptocurrency news highlights
【Cryptocurrency】
Starting today, Argentina’s Central Bank (BCRA) will host a unique art exhibit, becoming the first financial institution to display live Bitcoin mining ⛏
Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm ⚡️
Convenience store chain Sheetz now accepts crypto payments at all its locations — over 750 stores across multiple U.S. states — allowing customers to pay with cryptocurrencies and earn rewards 🪙
【Economy】
Capital Gains Tax on Selling Bitcoin (Country-Wise) 💰
Metaplanet ranks as Japan’s second top stock with 740% YTD growth, boosted by adopting Bitcoin as a reserve asset amid economic pressures 🇯🇵
3 Central Banks Forge New Path in Cross-Border Digital Asset Innovation. New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure. 🤝
【Indicators】
MicroStrategy plans to raise $42 billion over three years to expand its Bitcoin holdings, aiming to acquire 2.7% of the total supply 🪙
【More】
Bitcoiners are entering U.S. presidential politics for the first time, with Trump’s support making Bitcoin a 2024 election issue 🗽
As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences 💰
The CEO of Paxos has issued an urgent letter to both Trump and Harris, urging them to pursue immediate crypto reforms to preserve U.S. financial leadership 📨
The U.S. government is seeking the return of $13.25m in political donations made by former FTX executives Sam Bankman-Fried and Nishad Singh, mostly directed to Democrat-aligned groups
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3 Central Banks Forge New Path in Cross-Border Digital Asset Innovation. New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure. 🤝
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The U.S. government is seeking the return of $13.25m in political donations made by former FTX executives Sam Bankman-Fried and Nishad Singh, mostly directed to Democrat-aligned groups
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The U.S. Department of Justice sued Gotbit CEO for market manipulation and conspiracy to commit fraud 👨⚖️
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💸 Yesterday, the net outflow of U.S. Bitcoin spot ETF was $54.9 million
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Yesterday, Fidelity FBTC had a net outflow of $25.6 million, and ARKB had a net outflow of $24.1 million🕯
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Metaplanet has been the best performing stock year to date in Japan.👀
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⚡️ Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm
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Capital Gains Tax on Selling 💰Bitcoin (Country-Wise)
🇯🇵 Japan - 45%
🇩🇰 Denmark - 42%
🇮🇳 India - 30%
🇺🇸 United States - 15-20%
🇬🇧 UK - 10-20%
🇩🇪 Germany - 0%
🇸🇻 El Salvador - 0%
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