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💰 Spot Bitcoin ETFs on track for record-breaking day following Trump win

BlackRock’s spot Bitcoin (BTC) ETF recorded an impressive $1 billion in trading volume within just 20 minutes of market opening on Nov. 6, spurred by President-elect Donald Trump’s victory in the US elections. The surge reflects heightened investor confidence in a pro-crypto administration under Trump, who defeated incumbent Vice President Kamala Harris.

Source

https://t.me/Crypto_Bitcoin_Blockchain


💰 Bitcoin breaks new all-time high above $74,000 amid Trump's early lead on Election Day

Bitcoin's price has crossed the $73,737.94 mark to set a new all-time high, as the market processes Republican candidate Donald Trump’s early lead in the 2024 presidential election. Bitcoin has risen 9.5% over the past 24 hours to currently change hands at around $74,700, according to The Block’s price page.

Source

https://t.me/Crypto_Bitcoin_Blockchain


💰 Bitcoin mining difficulty reach all-time high on US election day

Bitcoin mining difficulty has reached a historic peak, surpassing 100 trillion on the same day as the US elections, signaling an intense landscape for miners. On Nov. 5, Bitcoin’s mining difficulty jumped 6.24%, reaching 101.65 trillion at block height 868,896, setting a new all-time record. This marks the 23rd difficulty adjustment of 2024, with 14 of these increases pushing the total difficulty by 40% this year.

Source

https://t.me/Crypto_Bitcoin_Blockchain


💰 German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid

German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy. The initiative aims to utilize excess electricity from renewable sources that would otherwise remain unused due to grid limitations or insufficient storage options.

Source

https://t.me/Crypto_Bitcoin_Blockchain


🚨 Crypto Exchange M2 Confirms $13.7 Million Breach, Says Issue Resolved Within 16 Minutes

The United Arab Emirates-based cryptocurrency exchange, M2 Exchange, said it swiftly resolved a security incident on Oct. 31 that involved $13.7 million. The exchange said customer funds lost during the incident had been restored, and normal service had resumed with additional security measures in place. Cybersecurity firm Cyvers detected suspicious transactions involving the exchange across the Ethereum, Solana, and Bitcoin networks.

Source

https://t.me/Crypto_Bitcoin_Blockchain


🇺🇸 DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme

The Department of Justice has indicted Aleksei Andriunin, founder and CEO of crypto financial services firm Gotbit, on charges of wire fraud and conspiracy to commit market manipulation. Andriunin, a Russian national residing in Portugal, allegedly orchestrated a scheme to artificially inflate trading volumes for client crypto companies, including several based in the US. He was arrested on Oct. 16.

Source

https://t.me/Crypto_Bitcoin_Blockchain


🇺🇸 Florida's CFO says state holds about $800 million in crypto investments

Florida's Chief Financial Officer Jimmy Patronis said Thursday during a televised interview with CNBC that the state holds about $800 million in "crypto-related" investments in its portfolio. Patronis said he would not be surprised if the amount grew should former President Donald Trump be reelected next month. Earlier this week, Patronis said in a letter that Florida should direct "a portion of state retirement system monies into cryptocurrency."

Source

https://t.me/Crypto_Bitcoin_Blockchain


💰 Bitcoin nears all-time high with stable metrics, signaling strength for further upside – K33 Research

Bitcoin (BTC) is not showing signs of frenzy, unlike March, which indicates room for further growth in price, according to K33 Research report published on Oct. 29. Despite the impressive over 8% gain over the past week, Bitcoin’s trading volumes remain subdued. Daily trade volume averages $2.6 billion, nearly half the levels observed in the year’s first quarter. The relatively quiet market activity suggests a healthy, gradual buildup rather than panic-driven buying.

Source

https://t.me/Crypto_Bitcoin_Blockchain


💰 Bitcoin expected to face high volatility as ‘Trump trade’ and Q4 seasonality converge – Bitfinex

Bitcoin (BTC) is set for turbulent weeks ahead, with election uncertainty, the “Trump trade” narrative, and historically favorable fourth-quarter conditions creating a “perfect storm” for market movement, according to the latest “Bitfinex Alpha” report. Bitcoin has already demonstrated “whipsaw” price action following the 6% correction BTC underwent last week after approaching $70,000.

Source

https://t.me/Crypto_Bitcoin_Blockchain


🪙 Vitalik Buterin says The Purge can help reduce Ethereum’s complexity and storage requirements

One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements. A blockchain must retain all the data throughout its history which needs to be stored by all clients and downloaded by new clients. This leads to a constant increase in client load and sync time.

Source

https://t.me/Crypto_Bitcoin_Blockchain


🇰🇷 South Korea to regulate cross-border crypto trades by 2025

South Korean authorities are preparing to regulate cross-border digital asset transactions beginning in late 2025, according to an Oct. 25 report by Reuters. Under this framework, Korea-based companies facilitating digital asset transactions across borders must pre-register with regulatory bodies and submit monthly transaction reports to the Bank of Korea.

Source

https://t.me/Crypto_Bitcoin_Blockchain


💰 Bitcoin miners combined $28 billion market cap potentially undervalued compared to BTC trading volumes

Bitcoin’s daily trading volume is regularly surpassing the total market capitalization of public Bitcoin mining companies, amid concerns public miners are overvalued. On Oct. 21, Bitcoin recorded $37 billion in spot trading volume, maintaining a trend between $20 billion and $40 billion throughout 2024. Bitcoin derivative’s open interest has also reached an all-time high of around $40 billion.

Source

https://t.me/Crypto_Bitcoin_Blockchain


💰 BlackRock's spot bitcoin ETF draws in over $1 billion so far this week

Spot bitcoin exchange-traded funds in the U.S. reported total daily net inflows of $470.48 million on Thursday, extending the positive flows that continued this week. The 12 funds have accumulated over $1.85 billion in net inflows so far this week. “Favorable macroeconomic conditions are [playing] a crucial role; central banks around the globe are lowering interest rates, driving investors toward alternative assets,” said Rachael Lucas, crypto analyst of Markets.

Source

https://t.me/Crypto_Bitcoin_Blockchain


🇺🇸 SEC gives NYSE and Cboe the go-ahead to list options trading for multiple spot bitcoin ETFs

The U.S. Securities and Exchange Commission has given NYSE American LLC and Cboe Exchange, Inc. the green light to list and trade options on multiple spot bitcoin exchange-traded funds. "Specifically, the Commission finds that the proposed rule change is consistent with Section 6(b)(5) of the Act, which requires that an exchange have rules designed to prevent fraudulent and manipulative acts and practices, to remove impediments to and perfect the mechanism of a free and open market, and to protect investors and the public interest," the agency said in both filings.

Source

https://t.me/Crypto_Bitcoin_Blockchain


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💰 Bitcoin accumulation fuels market uptick signaling potential surge in price

Bitcoin flirts with the $70,000 mark once again, the mysterious maneuvers of crypto whales are catching keen eyes. With their holdings swelling from 3.2 to 3.6 million BTC this year, these large players are no strangers to shaping market tides. Historically, their strategic acquisitions have paved the path for major price rallies.

Source

https://t.me/Crypto_Bitcoin_Blockchain


💰 Tesla moves its remaining estimated $770 million bitcoin stockpile to multiple new addresses

Tesla, the electric vehicle juggernaut operated by Elon Musk, has moved 11509 bitcoins worth an estimated $770 million to new addresses, according to onchain data tracked by analytics firm Arkham Research. This appears to be the company's entire remaining bitcoin treasury. In a series of transactions over the past hour, the company, which made an unprecedented $1.5 billion investment into bitcoin in February 2021, moved approximately $770 million worth of the cryptocurrency to about seven new addresses.

Source

https://t.me/Crypto_Bitcoin_Blockchain


💰 Analysts eye 'Uptober' rally if bitcoin stays above $60,000 amid stock market gains

QCP Capital analysts remain hopeful for a bullish "Uptober" rally, contingent on bitcoin holding above the $60,000 support level. "U.S. equities indices have rallied, with the S&P 500 notching a new high, although the same level of optimism has yet to be seen in crypto, but we remain hopeful of an 'Uptober' rally as long as the $60,000 key support level remains intact," QCP Capital analysts said.

Source

https://t.me/Crypto_Bitcoin_Blockchain


Crypto | Bitcoin | Ethereum | Altcoin | News dan repost
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💰 Bitcoin dips toward $60,500 amid unexpected core inflation rise, overall YoY declines to 2.4%

Bitcoin remained above $60,500 after US inflation data released today showed higher-than-expected figures. The Core Inflation Rate year-over-year for September rose to 3.3%, surpassing the consensus estimate of 3.2%. Monthly core inflation increased by 0.3%, exceeding the forecasted 0.2%. Overall inflation rose by 0.2% month-over-month, with an annual rate of 2.4%, slightly above the expected 2.3% but still down from last month’s 2.5%.

Source

https://t.me/Crypto_Bitcoin_Blockchain

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