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Money & Crypto News

🗞 November 1, 2024 cryptocurrency news highlights

【Cryptocurrency】
Justin Sun: I study Meme currency trends every day, and dogs in Memecoin are better than cats🐱

Economy
🇯🇵Japan's largest crypto exchange and blockchain company alliance, JVCEA, said it will start self-regulating stablecoins to boost public trust. This extends its focus from crypto trading and crypto-related derivatives trading companies.

Survey report: Turkish investors prefer cryptocurrencies over real estate and stocks
📃

Indicators
Bitcoin Difficulty is currently set to increase by at least 7.5% at the next difficulty adjustment on Monday ⬆️

Microstrategy Unveils $42 Billion Plan to Power Large-Scale Bitcoin Purchases 💰

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

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🇺🇸 Florida CFO speaks on adding Bitcoin to the states pension funds 👀

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Japan's largest crypto exchange and blockchain company alliance, JVCEA, said it will start self-regulating stablecoins to boost public trust. This extends its focus from crypto trading and crypto-related derivatives trading companies.

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Justin Sun: I study Meme currency trends every day, and dogs in Memecoin are better than cats

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JUST IN: 🇺🇸 US Bitcoin ETFs now hold over 1 million $ BTC❗️

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Tether's Q3 net profit was $2.5 billion, and it holds more than $100 billion in U.S. Treasury bonds🪙

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Eric Balchunas: "$ IBIT took in more cash than any other ETF in the world over the past week" 🪙

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Microstrategy Unveils $42 Billion Plan to Power Large-Scale Bitcoin Purchases 💰

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MSTR just issued the largest ATM equity offering in the history of capital markets 📈

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Michael Saylor Conjures Stock Market Magic With Giant Plan to Buy More Bitcoin 🪙

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Donald Trump makes a last-minute appeal to crypto voters 💬

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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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UBS Asset Management has launched the "UBS USD Money Market Investment Fund Token" (uMINT), built on Ethereum technology and available through selected distribution partners in Singapore.

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Survey report: Turkish investors prefer cryptocurrencies over real estate and stocks

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Yesterday, the U.S. stock market experienced a significant downturn, erasing approximately $953bn in market value.

This decline was primarily driven by disappointing earnings reports from major technology companies, including Meta and Microsoft, which led to a broader sell-off across the market.

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Bitcoin spot ETFs recorded the second largest monthly inflow in October, with a net inflow of $5.346 billion🕯

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Yesterday, BlackRock IBIT's trading volume reached US$1.933 billion, with 42% of them being active sell orders‼️

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Bitcoin briefly fell below $70,000 early this morning🔽

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Bitcoin needs catalyst for $100K, gold going higher, ETH still undervalued: Analyst 📈

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Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries 📊

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New data reveals that spot bitcoin exchange-traded funds (ETFs) have collectively surpassed the impressive milestone of holding over 1 million BTC 📈

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Bitcoin Difficulty is currently set to increase by at least 7.5% at the next difficulty adjustment on Monday ⬆️

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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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