2024.10.29 Yiying Community Web3 Morning News:

1. A whale withdrew 570 BTC from Binance an hour ago, about $39.84 million.

Comment: The whale is hoarding coins~

2. Sequoia Capital will gain over $100 million from the acquisition of Bridge from Stripe.

Comment: This return rate is astonishing~

3. Vitalik published a post outlining key goals for Ethereum's future development in the Splurge phase.

Comment: Recently, V God has been criticized daily; now he has become much more diligent~

4. The ETH/BTC exchange rate dropped below 0.036 this morning, hitting the lowest level since the bull peak in 2021.

Comment: Ethereum's performance is poor; there's no way around it~

5. Bloomberg owner Michael Bloomberg has spent nearly $100 million supporting Harris.

Comment: Running a major election burns money faster than you can imagine~

6. Musk released an image featuring Dogecoin's Shiba Inu elements, causing DOGE to rise over 11% in 24 hours.

Comment: Dogecoin's rise still depends on its benefactor, Musk~

7. If Bitcoin breaks the new high of 73777, the cumulative short liquidation intensity on mainstream CEX will reach 386 million.

Comment: Come quickly~

8. Tether's CEO stated that it would be easy for the U.S. to target the company, so they will not oppose the U.S.

Comment: Those who understand the situation are wise~

9. Biden voted early in support of Democratic presidential candidate Harris.

Comment: Burn the boats and make a big push, or else the loss will be complete~

10. Bitcoin ETF saw a net inflow of 5246 BTC yesterday, while Ethereum ETF had a net outflow of 387 ETH.

Comment: Funds are continuously flowing in~

11. The ruling coalition in Japan failed to secure a majority in the House of Representatives, and Shigeru Ishiba may become one of Japan's 'shortest-lived' prime ministers.

Comment: This is how a transitional prime minister is~

12. MicroStrategy's Bitcoin holdings have appreciated by over $7.7 billion.

Comment: Money truly comes like a gust of wind, but not everyone can catch it~

13. Arthur Hayes: Expect Chinese economic stimulus measures to drive cryptocurrency prices up.

Comment: It’s the U.S. that is leading the global monetary easing~

14. Vitalik transferred 100 ETH to four addresses, suspected to be donations.

Comment: Just waiting for Ethereum to rise back up~

15. Today's cryptocurrency Fear and Greed Index is at 72, indicating Greed.