📊🤔 #BTC C.Q.: Watching Bitcoin Dominance Decline
Looking at this chart, we can see that, historically, major bull runs across the market have coincided with declines in Bitcoin dominance.
🇨🇳🏦 The People's Bank of China is doing two things: getting out of US bonds and buying more gold.
This shows China's clear strategy to reduce its exposure to the US Dollar over time. But so far, China still isn't getting into #BTC. #macro
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📉🤔 #ETH Peter Brandt: Interesting to note that there was not a buy signal in Ethereum. In fact, chart remains bearish with unmet target at 1551.
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🗣 #BTC CEO Cantor Fitzgerald: “I have access to hundreds of millions of dollars worth of Bitcoin and it will turn into billions”
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💰#ELS Ellipsis Labs raised $20 million from Haun Ventures. coindesk
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🇺🇸 Blockchain Association declare, which spent $400 million on costs associated with enforcement actions taken by the SEC under Gensler's chairmanship.
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👨🎓👀 CZ: Giggle Academy launched in close beta, with 2400 invitations sent and a few hundred testers now.
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📸😃 #BNB #MEME CZ also held up Hasbulla, who in turn was dressed up in Memeland merch
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⚡️ JUST IN: 💰 Reddit sold the majority of its crypto portfolio in Q3, offloading #Bitcoin and Ethereum previously held for treasury purposes.
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🎮 #GHST Aavegotchi launched Geist gaming blockchain on the main network.
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🗣 #BNB CZ talked about his experience in prison and that several prison guards asked him what coins they should buy.
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📊📈 #BTC Trading volume for CME options on Bitcoin futures has increased ahead of the U.S. election, with significant institutional trades betting on prices exceeding $85,000 by late November. theblock
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🆕 #XLM Coinbase launched futures for silver (SLR) and Stellar (XLM)
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🇺🇸👀 #macro USA:
– PCE Price index (Sep):
- m/m: 0.2% (prog: 0.3%; prev: 0.1%);
- y/y: 2.1% (prog: 2.1%; pre: 2.2%);
– Baseline PCE (y/y): 2.7% (prog: 2.7%; pre: 2.7%);
– Initial Jobless Claims: 216 thousand (previous: 227 thousand).
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🔝 Top 15 Cross-Chain Bridges by Volume in October
A cross-chain bridge is a decentralized application that enables the transfer of assets from one blockchain to another
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🗽👀 #BTC Florida Chief Financial Officer declaredthat the state holds about $800 million in crypto investments.
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🔓 $2.6 Billion Worth of Tokens To Be Unlocked in November: #SUI, #APT, #ARB, #IMX, #STRK, #NEON, #ZKJ, #APE, #CFX, #CYBER
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🇺🇸 #WLFI World Liberty Financial has reduced its fundraising target after sales of its WLFI token fell significantly short of its initial target.
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👀 Roughly 8,000 #BTC have been withdrawn from crypto exchanges in the last 48 hours, worth around $576 million
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📉🤔 The market fell due to muted growth forecasts for Microsoft’s cloud services and Meta’s significant spending on #AI and the metaverse, despite both companies reporting earnings above expectations. #macro
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🥳 #INJ Agora launched #AUSD stablecoin on the Injective blockchain. blog.injective.com
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🥳 Crypto .com has acquired SEC-registered broker-dealer Watchdog Capital. crypto
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💰 Citrea completed $14 million in Series A funding led by Founders Fund. coindesk
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💰 #ETH Spire Labs, a startup focused on creating infrastructure for scaling Ethereum, raised $7 million in seed funding. theblock
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🥳👀 Franklin Templeton is bringing its tokenized treasury fund to Base. coindesk
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👀 #DOGE Elon Musk: Trump and D.O.G.E will solve the problem of the immigration system
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🇮🇱🙋♂ #COTI presented a decentralized trading platform based on #CBDC for real assets (#RWA) as part of the Digital Shekel Challenge project of the Central Bank of Israel
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💰 Glow, an Ethereum-based solar energy company, has completed $30 million in funding led by Framework and Union Square Ventures. fortune
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