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「區塊客 blockcast.it」於 2017 年 4 月正式成立,旨在廣泛整理全球區塊鏈資訊,增進全球中文閱聽眾及投資人對區塊鏈趨勢的了解。
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Mt. Gox related wallet suddenly transferred 2.2 billion USD in Bitcoin! Is a new wave of compensation about to arrive?On-chain data shows that last week a cold wallet received a large Bitcoin transfer from Mt. Gox, which showed activity earlier today (11th), transferring approximately 27,000 Bitcoins (about 2.24 billion USD) to a new address, interpreted by the market as a sign of 'preparing to conduct a new round of compensation to creditors.' According to Arkham Intelligence tracking, around 7:40 AM this morning, a wallet starting with '1FG2C' transferred approximately 27,871 Bitcoins (about 2.24 billion USD) to a new wallet starting with '1Fhod', and transferred 2,500 Bitcoins (about 200 million USD) back to Mt. Gox's cold wallet.

Mt. Gox related wallet suddenly transferred 2.2 billion USD in Bitcoin! Is a new wave of compensation about to arrive?

On-chain data shows that last week a cold wallet received a large Bitcoin transfer from Mt. Gox, which showed activity earlier today (11th), transferring approximately 27,000 Bitcoins (about 2.24 billion USD) to a new address, interpreted by the market as a sign of 'preparing to conduct a new round of compensation to creditors.'

According to Arkham Intelligence tracking, around 7:40 AM this morning, a wallet starting with '1FG2C' transferred approximately 27,871 Bitcoins (about 2.24 billion USD) to a new wallet starting with '1Fhod', and transferred 2,500 Bitcoins (about 200 million USD) back to Mt. Gox's cold wallet.
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Hinting at launching a token? Polymarket told users 'there will be an airdrop in the future'Polymarket, the leader in decentralized prediction markets, has not confirmed whether it will launch a token, but recently hinted at an airdrop, raising high expectations in the market. For those users looking to leverage bonuses to earn more profits, this is undoubtedly great news. This airdrop rumor marks an important shift for Polymarket. In the past, the platform had been reserved about 'issuing its own token.' Recently, as the betting market for the U.S. presidential election has exploded, Polymarket's trading volume has soared to billions of dollars, successfully attracting a large number of players and strong demand.

Hinting at launching a token? Polymarket told users 'there will be an airdrop in the future'

Polymarket, the leader in decentralized prediction markets, has not confirmed whether it will launch a token, but recently hinted at an airdrop, raising high expectations in the market. For those users looking to leverage bonuses to earn more profits, this is undoubtedly great news.

This airdrop rumor marks an important shift for Polymarket. In the past, the platform had been reserved about 'issuing its own token.' Recently, as the betting market for the U.S. presidential election has exploded, Polymarket's trading volume has soared to billions of dollars, successfully attracting a large number of players and strong demand.
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Bitcoin repeatedly hits new highs, stablecoin demand surges, Tether issues 4 billion USDT in three daysOn-chain data shows that in the 3 days leading up to yesterday (10th), Tether issued a total of 4 billion USDT on Ethereum, coinciding with Bitcoin reaching new highs. According to Spot On Chain monitoring, Tether issued 4 billion USDT on Ethereum in just 3 days, with approximately 3.44 billion USDT transferred to various exchanges, including 1.75 billion to Binance and 770.8 million to Coinbase. Tether issued 4B $USDT on Ethereum in the last 3 days (total net minted: 3B $USDT on both Ethereum and Tron)! Notably, ~3.44B $USDT has been injected into various exchanges on #Ethereum, notably including 1.75B $USDT to #Binance and 770.8M $USDT to #Coinbase.

Bitcoin repeatedly hits new highs, stablecoin demand surges, Tether issues 4 billion USDT in three days

On-chain data shows that in the 3 days leading up to yesterday (10th), Tether issued a total of 4 billion USDT on Ethereum, coinciding with Bitcoin reaching new highs.

According to Spot On Chain monitoring, Tether issued 4 billion USDT on Ethereum in just 3 days, with approximately 3.44 billion USDT transferred to various exchanges, including 1.75 billion to Binance and 770.8 million to Coinbase.

Tether issued 4B $USDT on Ethereum in the last 3 days (total net minted: 3B $USDT on both Ethereum and Tron)!

Notably, ~3.44B $USDT has been injected into various exchanges on #Ethereum, notably including 1.75B $USDT to #Binance and 770.8M $USDT to #Coinbase.
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Options betting that 'Bitcoin will surge to $90,000' has open contracts exceeding $2.8 billionBitcoin surged past $81,000, setting a new high, and the futures premium also skyrocketed, indicating that investors believe Bitcoin can continue to rise. This reflects expectations that after the U.S. presidential and congressional elections, the candidates supporting cryptocurrency will bring subsequent positive developments. At the highly popular cryptocurrency derivatives exchange Deribit, the scale of open contracts betting on Bitcoin's price breaking $90,000 has surpassed $2.8 billion. K33 Research's research director Vetle Lunde stated: The options market is significantly biased towards continued momentum. Call options are priced at a premium compared to put options, with out-of-the-money open contracts consistently increasing.

Options betting that 'Bitcoin will surge to $90,000' has open contracts exceeding $2.8 billion

Bitcoin surged past $81,000, setting a new high, and the futures premium also skyrocketed, indicating that investors believe Bitcoin can continue to rise. This reflects expectations that after the U.S. presidential and congressional elections, the candidates supporting cryptocurrency will bring subsequent positive developments.

At the highly popular cryptocurrency derivatives exchange Deribit, the scale of open contracts betting on Bitcoin's price breaking $90,000 has surpassed $2.8 billion. K33 Research's research director Vetle Lunde stated:

The options market is significantly biased towards continued momentum. Call options are priced at a premium compared to put options, with out-of-the-money open contracts consistently increasing.
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DOGE surges 28% hitting a 3-year high! Leading the collective rise of 'dog-themed meme coins'Trump (Donald Trump) was elected President of the United States, with his best campaign assistant Musk (Elon Musk) emerging as a big winner, boosting Tesla's (Tesla) stock price to soar for several days, while his favorite Dogecoin (DOGE) also skyrocketed, reaching a 3-year high, leading the collective rise of 'dog-themed meme coins' with an average daily increase of up to 30%. CoinGecko market data shows that the 'King of Meme Coins', Dogecoin, today (11) briefly broke $0.29, reaching its highest level since October 30, 2021, with a daily increase of over 28%, and a market capitalization surpassing $43 billion, pushing stablecoin USDC aside to become the '6th largest cryptocurrency'.

DOGE surges 28% hitting a 3-year high! Leading the collective rise of 'dog-themed meme coins'

Trump (Donald Trump) was elected President of the United States, with his best campaign assistant Musk (Elon Musk) emerging as a big winner, boosting Tesla's (Tesla) stock price to soar for several days, while his favorite Dogecoin (DOGE) also skyrocketed, reaching a 3-year high, leading the collective rise of 'dog-themed meme coins' with an average daily increase of up to 30%.

CoinGecko market data shows that the 'King of Meme Coins', Dogecoin, today (11) briefly broke $0.29, reaching its highest level since October 30, 2021, with a daily increase of over 28%, and a market capitalization surpassing $43 billion, pushing stablecoin USDC aside to become the '6th largest cryptocurrency'.
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Bitcoin fires on all cylinders, breaking $81,000! Standard Chartered: 'The $100,000 barrier is within reach'Amid a surge of funds, Bitcoin's rally has been fierce, frequently setting new highs. Today (11th), it once broke $81,600, reaching a new all-time high. Analysts at Standard Chartered expect this Bitcoin rally is far from over, with a potential continued rise before the end of the year, easily breaking the '100,000 dollar' barrier, with a peak projected at $125,000. According to CoinGecko market data, as of the time of writing, Bitcoin is priced at $81,266, having risen over 5% in the past 24 hours; Ethereum is up 1.5% to $3,190; Solana (SOL) is up 3.5% to $209.75; and Dogecoin (DOGE) has soared over 28% to $0.2901.

Bitcoin fires on all cylinders, breaking $81,000! Standard Chartered: 'The $100,000 barrier is within reach'

Amid a surge of funds, Bitcoin's rally has been fierce, frequently setting new highs. Today (11th), it once broke $81,600, reaching a new all-time high. Analysts at Standard Chartered expect this Bitcoin rally is far from over, with a potential continued rise before the end of the year, easily breaking the '100,000 dollar' barrier, with a peak projected at $125,000.

According to CoinGecko market data, as of the time of writing, Bitcoin is priced at $81,266, having risen over 5% in the past 24 hours; Ethereum is up 1.5% to $3,190; Solana (SOL) is up 3.5% to $209.75; and Dogecoin (DOGE) has soared over 28% to $0.2901.
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[MICA RESEARCH] Will Bitcoin continue to rise? 'Two Major Positives' Support, Suggest Adding on DipsBitcoin has recently welcomed the most exciting surge, with prices skyrocketing from $68,000 before the U.S. election to $80,000 in less than a week, achieving an astonishing weekly increase of 18%, breaking Bitcoin's historical high. It has already surpassed the bubble prices since the easing policies in 2021, reflecting the continuous growth of the entire cryptocurrency market. Other cryptocurrencies have also seen significant rebound trends, with Ethereum surging to $3,200, a weekly increase of over 30.5%. Other small and medium-sized cryptocurrencies are influenced by the spillover of optimistic sentiment, with prices rising by 20% to 30%, showing strong optimism among traders in the cryptocurrency sector regarding price performance. The market is paying attention to the possibility that a Republican victory could prompt reforms in the U.S. Securities and Exchange Commission (SEC), potentially replacing the current chairman Gary Gensler with a more crypto-friendly candidate, thereby promoting a more open regulatory environment. Trump has always advocated reducing government interference in personal lives and has continuously expressed support for the cryptocurrency industry during his campaign.

[MICA RESEARCH] Will Bitcoin continue to rise? 'Two Major Positives' Support, Suggest Adding on Dips

Bitcoin has recently welcomed the most exciting surge, with prices skyrocketing from $68,000 before the U.S. election to $80,000 in less than a week, achieving an astonishing weekly increase of 18%, breaking Bitcoin's historical high. It has already surpassed the bubble prices since the easing policies in 2021, reflecting the continuous growth of the entire cryptocurrency market. Other cryptocurrencies have also seen significant rebound trends, with Ethereum surging to $3,200, a weekly increase of over 30.5%.

Other small and medium-sized cryptocurrencies are influenced by the spillover of optimistic sentiment, with prices rising by 20% to 30%, showing strong optimism among traders in the cryptocurrency sector regarding price performance. The market is paying attention to the possibility that a Republican victory could prompt reforms in the U.S. Securities and Exchange Commission (SEC), potentially replacing the current chairman Gary Gensler with a more crypto-friendly candidate, thereby promoting a more open regulatory environment. Trump has always advocated reducing government interference in personal lives and has continuously expressed support for the cryptocurrency industry during his campaign.
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MICA Daily|Funds continue to flow in, Bitcoin breaks $80,000Currently, funds are still flowing into the cryptocurrency market, and Bitcoin has rarely seen a price surge over the weekend, with the current price reaching $80,000, indicating strong demand for Bitcoin in the market. The market is anticipating that the Trump administration will further relax regulations on cryptocurrencies and financial oversight, allowing trading institutions to gain higher profits from users through more innovation, which will subsequently drive up the demand for Bitcoin. The rise of Bitcoin has also driven the upward trend of small and medium-sized cryptocurrencies, with meme coins showing the strongest gains. Coins like Shiba Inu (SHIB) and Dogecoin (DOGE) have seen daily increases of up to 25%, indicating that traders are speculating on meme coins through high leverage, earning additional rewards through the market's excitement, and the current market sentiment can be described as relatively greedy. However, this is quite normal during a bull market, and small and medium-sized cryptocurrencies are the next targets for speculation.

MICA Daily|Funds continue to flow in, Bitcoin breaks $80,000

Currently, funds are still flowing into the cryptocurrency market, and Bitcoin has rarely seen a price surge over the weekend, with the current price reaching $80,000, indicating strong demand for Bitcoin in the market. The market is anticipating that the Trump administration will further relax regulations on cryptocurrencies and financial oversight, allowing trading institutions to gain higher profits from users through more innovation, which will subsequently drive up the demand for Bitcoin.

The rise of Bitcoin has also driven the upward trend of small and medium-sized cryptocurrencies, with meme coins showing the strongest gains. Coins like Shiba Inu (SHIB) and Dogecoin (DOGE) have seen daily increases of up to 25%, indicating that traders are speculating on meme coins through high leverage, earning additional rewards through the market's excitement, and the current market sentiment can be described as relatively greedy. However, this is quite normal during a bull market, and small and medium-sized cryptocurrencies are the next targets for speculation.
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Under the "Trump Promise" vision, is there still hope for TON ecological development?After Trump won the election, Bitcoin exceeded 76,000, and the bullish pattern was winning. However, compared to the price changes of Bitcoin, what is most beneficial to the growth of the entire industry ecosystem is the copycat season, and the industry is looking forward to richer growth. In the short term, we can see that the tokens of various tracks are already following the market and restarting their popularity. In these tracks that keep up with the market, "TON Ecosystem" is still closely watched by investors. Since the Durov Paris incident 2 months ago, the TON ecosystem has fallen into crisis, or has entered a new stage of adjustment. Even though various Meme projects and mini-game projects in the ecosystem are still constantly being updated and updated. Event information, but market sensitive people seem to have felt the "limited belief" of the TON ecosystem.

Under the "Trump Promise" vision, is there still hope for TON ecological development?

After Trump won the election, Bitcoin exceeded 76,000, and the bullish pattern was winning. However, compared to the price changes of Bitcoin, what is most beneficial to the growth of the entire industry ecosystem is the copycat season, and the industry is looking forward to richer growth. In the short term, we can see that the tokens of various tracks are already following the market and restarting their popularity. In these tracks that keep up with the market, "TON Ecosystem" is still closely watched by investors.

Since the Durov Paris incident 2 months ago, the TON ecosystem has fallen into crisis, or has entered a new stage of adjustment. Even though various Meme projects and mini-game projects in the ecosystem are still constantly being updated and updated. Event information, but market sensitive people seem to have felt the "limited belief" of the TON ecosystem.
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Bitcoin Market Report: Major Trends, Insights, and Bullish Price ForecastsAuthor: Bitcoin Magazine Pro Compiled by: Felix, PANews Bitcoin Magazine Pro published a review of Bitcoin in October, discussing several key topics. These include the decline in Bitcoin exchange balances, ETF inflows exceeding $5 billion, and optimistic forecasts that could redefine Bitcoin's value in the next quarter. Below are the details of the report. Key Highlights: Bitcoin On-Chain Analysis: Bitcoin exchange balances are at historic lows, indicating increasing confidence among holders, with more opting for self-custody. Bitcoin ETF Surge: October ETF inflows exceeded $5.4 billion, with BlackRock's IBIT leading the market. This reflects a growing acceptance of Bitcoin in mainstream financial markets.

Bitcoin Market Report: Major Trends, Insights, and Bullish Price Forecasts

Author: Bitcoin Magazine Pro

Compiled by: Felix, PANews

Bitcoin Magazine Pro published a review of Bitcoin in October, discussing several key topics. These include the decline in Bitcoin exchange balances, ETF inflows exceeding $5 billion, and optimistic forecasts that could redefine Bitcoin's value in the next quarter. Below are the details of the report.

Key Highlights:

Bitcoin On-Chain Analysis: Bitcoin exchange balances are at historic lows, indicating increasing confidence among holders, with more opting for self-custody.

Bitcoin ETF Surge: October ETF inflows exceeded $5.4 billion, with BlackRock's IBIT leading the market. This reflects a growing acceptance of Bitcoin in mainstream financial markets.
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Which MEME coins do the “Big 5 Cryptocurrency Market Makers” hold? One article will show you through!Author: Nancy, PANews With the continuous expansion of the market scale and the gradual maturity of the operating model, MEME has gradually moved towards large-scale and institutionalized operations. Among them, the participation of some crypto market makers is also increasing, which will also promote the continued improvement of the liquidity and stability of the MEME market. In this article, PANews compiled the MEME currency holdings of 5 crypto market makers, including Wintermute, GSR Markets, Auros Global, B2C2 Group and Cumberland DRW. These institutions hold a total of more than 120 million US dollars worth of MEME coins. Among them, Wintermute is the institution with the largest holding amount and the most popular projects, and multiple MEME coins it holds have been successfully listed on Binance, which shows its depth in the field of MEME coins. Layout and influence. In comparison, the holding amounts of other institutions are small. Except for NEIRO, the rest are mainly old MEME coins such as PEPE and SHIB, and have made large transfers or sell-offs on multiple platforms.

Which MEME coins do the “Big 5 Cryptocurrency Market Makers” hold? One article will show you through!

Author: Nancy, PANews

With the continuous expansion of the market scale and the gradual maturity of the operating model, MEME has gradually moved towards large-scale and institutionalized operations. Among them, the participation of some crypto market makers is also increasing, which will also promote the continued improvement of the liquidity and stability of the MEME market.

In this article, PANews compiled the MEME currency holdings of 5 crypto market makers, including Wintermute, GSR Markets, Auros Global, B2C2 Group and Cumberland DRW. These institutions hold a total of more than 120 million US dollars worth of MEME coins. Among them, Wintermute is the institution with the largest holding amount and the most popular projects, and multiple MEME coins it holds have been successfully listed on Binance, which shows its depth in the field of MEME coins. Layout and influence. In comparison, the holding amounts of other institutions are small. Except for NEIRO, the rest are mainly old MEME coins such as PEPE and SHIB, and have made large transfers or sell-offs on multiple platforms.
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When Trump was last in office, Bitcoin soared over 1900%, how high can it go this time?During Trump's first term as President of the United States (November 2016 to November 2020), Bitcoin soared over 1,900%. Despite his critical stance on cryptocurrencies at the time, publicly attacking Bitcoin as 'highly unstable' and 'worthless', Bitcoin still achieved this feat. BTC/USD daily price chart. Source: TradingView However, given Trump's promise to make the U.S. a 'Bitcoin superpower' and ease regulations to promote the development of the cryptocurrency industry, Trump's second term seems likely to be more favorable for the cryptocurrency sector.

When Trump was last in office, Bitcoin soared over 1900%, how high can it go this time?

During Trump's first term as President of the United States (November 2016 to November 2020), Bitcoin soared over 1,900%. Despite his critical stance on cryptocurrencies at the time, publicly attacking Bitcoin as 'highly unstable' and 'worthless', Bitcoin still achieved this feat.

BTC/USD daily price chart. Source: TradingView

However, given Trump's promise to make the U.S. a 'Bitcoin superpower' and ease regulations to promote the development of the cryptocurrency industry, Trump's second term seems likely to be more favorable for the cryptocurrency sector.
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Bitcoin's surge attracts criminals? Cryptocurrency company WonderFi's CEO experiences a 'kidnapping scare'The cryptocurrency market has recently welcomed a long-awaited surge, unexpectedly attracting criminals who targeted Dean Skurka, the CEO of cryptocurrency company WonderFi, kidnapping him in broad daylight and demanding a ransom of 1 million CAD (approximately 720,000 USD) for his release. According to Canadian media (CBC), the kidnapping occurred on November 6, close to 6 PM during rush hour, when Dean Skurka was forcibly taken by criminals near University Avenue in downtown Toronto, who began demanding ransom immediately after he was taken.

Bitcoin's surge attracts criminals? Cryptocurrency company WonderFi's CEO experiences a 'kidnapping scare'

The cryptocurrency market has recently welcomed a long-awaited surge, unexpectedly attracting criminals who targeted Dean Skurka, the CEO of cryptocurrency company WonderFi, kidnapping him in broad daylight and demanding a ransom of 1 million CAD (approximately 720,000 USD) for his release.

According to Canadian media (CBC), the kidnapping occurred on November 6, close to 6 PM during rush hour, when Dean Skurka was forcibly taken by criminals near University Avenue in downtown Toronto, who began demanding ransom immediately after he was taken.
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Ethereum’s surge helps! Trump’s DeFi project benefits, with $1 million in unrealized profitsThe DeFi project led by the Trump family - 'World Liberty Financial' launched the WLFI token sale last month. Although the market response has been tepid and buying interest low, the unrealized gains on the books have reached $1 million. World Liberty Financial originally set a fundraising goal of $300 million, but due to investor demand falling short of expectations, the goal was significantly lowered to $30 million on October 31. So far, the project has sold approximately 1.02 billion tokens, achieving about half of the new goal.

Ethereum’s surge helps! Trump’s DeFi project benefits, with $1 million in unrealized profits

The DeFi project led by the Trump family - 'World Liberty Financial' launched the WLFI token sale last month. Although the market response has been tepid and buying interest low, the unrealized gains on the books have reached $1 million.

World Liberty Financial originally set a fundraising goal of $300 million, but due to investor demand falling short of expectations, the goal was significantly lowered to $30 million on October 31. So far, the project has sold approximately 1.02 billion tokens, achieving about half of the new goal.
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Gambler Théo bets on Trump winning, nets $78 million! French authorities consider blocking PolymarketThe mysterious French gambler 'Théo' earlier wagered tens of millions of dollars on Polymarket betting that Trump (Donald Trump) would win the U.S. election, even 'opening 4 accounts' to continually increase his bets, ultimately successfully 'hitting the jackpot' with a net profit of at least $78 million; however, at the same time, Polymarket has also attracted attention from French authorities due to its size, facing the risk of being blocked in France. According to the latest statistics from blockchain analysis firm Chainalysis, Polymarket's whale trader Théo, also known as 'Fredi9999', made a net profit of up to $78.7 million through a series of large bets on the U.S. presidential election contracts.

Gambler Théo bets on Trump winning, nets $78 million! French authorities consider blocking Polymarket

The mysterious French gambler 'Théo' earlier wagered tens of millions of dollars on Polymarket betting that Trump (Donald Trump) would win the U.S. election, even 'opening 4 accounts' to continually increase his bets, ultimately successfully 'hitting the jackpot' with a net profit of at least $78 million; however, at the same time, Polymarket has also attracted attention from French authorities due to its size, facing the risk of being blocked in France.

According to the latest statistics from blockchain analysis firm Chainalysis, Polymarket's whale trader Théo, also known as 'Fredi9999', made a net profit of up to $78.7 million through a series of large bets on the U.S. presidential election contracts.
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Zhao Changpeng reveals: multiple parties have made offers to acquire stakes in Binance, decision on whether to sell not yet madeZhao Changpeng (CZ), the founder of the cryptocurrency exchange Binance, recently stated that he has received several 'offers to acquire his stake in Binance', but he did not disclose whether he would sell, the sale price, or the identity of potential buyers. According to the Bloomberg Billionaires Index, Zhao Changpeng's net worth has reached approximately $53 billion, with a substantial portion coming from his stake in Binance. It is estimated that his assets have increased by over $12 billion since the U.S. presidential election. In a recent interview with (Bloomberg), Zhao Changpeng admitted that he has not yet decided whether to 'hold on forever' to his Binance stake, and he is willing to carefully evaluate each offer, but so far he has not taken action on any offers.

Zhao Changpeng reveals: multiple parties have made offers to acquire stakes in Binance, decision on whether to sell not yet made

Zhao Changpeng (CZ), the founder of the cryptocurrency exchange Binance, recently stated that he has received several 'offers to acquire his stake in Binance', but he did not disclose whether he would sell, the sale price, or the identity of potential buyers.

According to the Bloomberg Billionaires Index, Zhao Changpeng's net worth has reached approximately $53 billion, with a substantial portion coming from his stake in Binance. It is estimated that his assets have increased by over $12 billion since the U.S. presidential election.

In a recent interview with (Bloomberg), Zhao Changpeng admitted that he has not yet decided whether to 'hold on forever' to his Binance stake, and he is willing to carefully evaluate each offer, but so far he has not taken action on any offers.
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Bitcoin Spot ETF Welcomes a Surge of Funds! Daily Inflow of $1.38 Billion Sets New RecordThe 12 Bitcoin Spot ETFs in the U.S. experienced a massive influx of funds on Thursday, totaling a net inflow of $1.38 billion, setting a historical record, seen as benefiting from Trump's return to the White House, termed an 'investment boom'. According to data from SoSo Value, on November 7th Eastern Standard Time, BlackRock's Bitcoin Spot ETF - 'iShares Bitcoin Trust (IBIT)' delivered outstanding performance, attracting over $1.1 billion in a single day, breaking the highest record since its launch in January this year. BlackRock IBIT's daily net inflow since its listing. Data source: SoSo Value

Bitcoin Spot ETF Welcomes a Surge of Funds! Daily Inflow of $1.38 Billion Sets New Record

The 12 Bitcoin Spot ETFs in the U.S. experienced a massive influx of funds on Thursday, totaling a net inflow of $1.38 billion, setting a historical record, seen as benefiting from Trump's return to the White House, termed an 'investment boom'.

According to data from SoSo Value, on November 7th Eastern Standard Time, BlackRock's Bitcoin Spot ETF - 'iShares Bitcoin Trust (IBIT)' delivered outstanding performance, attracting over $1.1 billion in a single day, breaking the highest record since its launch in January this year.

BlackRock IBIT's daily net inflow since its listing. Data source: SoSo Value
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Ethereum Foundation's Financial Status Revealed! Has the Community's Question of 'Lack of Expenditure Transparency' Finally Been Answered?Earlier questioned by the community for "insufficient transparency in expenditure," the Ethereum Foundation finally disclosed its latest financial status this morning (8), along with details of funding and expenditure for 2022 and 2023 amid controversy. The latest report shows that as of October 31 of this year, the Ethereum Foundation holds total assets of $970.2 million, including $788.7 million in cryptocurrency assets and $181.5 million in non-cryptocurrency investments and assets. Reports indicate that among the cryptocurrency assets held by the Ethereum Foundation, the proportion of Ether holdings is 99.45%, which accounts for 0.26% of the total supply of Ether.

Ethereum Foundation's Financial Status Revealed! Has the Community's Question of 'Lack of Expenditure Transparency' Finally Been Answered?

Earlier questioned by the community for "insufficient transparency in expenditure," the Ethereum Foundation finally disclosed its latest financial status this morning (8), along with details of funding and expenditure for 2022 and 2023 amid controversy.

The latest report shows that as of October 31 of this year, the Ethereum Foundation holds total assets of $970.2 million, including $788.7 million in cryptocurrency assets and $181.5 million in non-cryptocurrency investments and assets.

Reports indicate that among the cryptocurrency assets held by the Ethereum Foundation, the proportion of Ether holdings is 99.45%, which accounts for 0.26% of the total supply of Ether.
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Detroit is making great strides into the 'crypto-economic era': Starting in 2025, citizens will 'be able to pay taxes using cryptocurrency'Detroit, the largest city in Michigan, USA, announced that citizens will soon be able to pay taxes and other municipal fees using cryptocurrency through PayPal. According to a statement released by the Detroit City Finance Department on November 7, the cryptocurrency payment option will be provided through a 'PayPal-managed secure payment platform' and is expected to officially launch in mid-2025. It is currently unknown which cryptocurrencies Detroit will accept, but the types supported by PayPal are limited to Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and PayPal's own stablecoin PayPal USD (PYUSD).

Detroit is making great strides into the 'crypto-economic era': Starting in 2025, citizens will 'be able to pay taxes using cryptocurrency'

Detroit, the largest city in Michigan, USA, announced that citizens will soon be able to pay taxes and other municipal fees using cryptocurrency through PayPal.

According to a statement released by the Detroit City Finance Department on November 7, the cryptocurrency payment option will be provided through a 'PayPal-managed secure payment platform' and is expected to officially launch in mid-2025.

It is currently unknown which cryptocurrencies Detroit will accept, but the types supported by PayPal are limited to Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and PayPal's own stablecoin PayPal USD (PYUSD).
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MICA Daily | Fed cuts rates again by 25 basis points, Bitcoin breaks $76,000The U.S. Fed announced a 25 basis point rate cut early this morning, marking the second consecutive rate cut since September, lowering the benchmark interest rate to 4.5% to 4.75%, in line with expectations, allowing the U.S. stock market and Bitcoin to maintain their upward momentum. Notably, this decision received unanimous consent from all officials, indicating that the Fed recognizes the necessity of lowering rates to avoid potential economic recession, pointing out that while the unemployment rate in the labor market has risen, it is still at a low level. According to the statement, the Fed believes that recent economic indicators show that economic activity is steadily expanding. Labor market conditions have eased somewhat, with the unemployment rate rising slightly but still remaining low. At the same time, the inflation rate is gradually moving toward the 2% year-over-year target, but it is still slightly above the ideal level. In response, the Fed stated that it will strive to achieve full employment and a long-term inflation target of 2% for a soft landing.

MICA Daily | Fed cuts rates again by 25 basis points, Bitcoin breaks $76,000

The U.S. Fed announced a 25 basis point rate cut early this morning, marking the second consecutive rate cut since September, lowering the benchmark interest rate to 4.5% to 4.75%, in line with expectations, allowing the U.S. stock market and Bitcoin to maintain their upward momentum. Notably, this decision received unanimous consent from all officials, indicating that the Fed recognizes the necessity of lowering rates to avoid potential economic recession, pointing out that while the unemployment rate in the labor market has risen, it is still at a low level.

According to the statement, the Fed believes that recent economic indicators show that economic activity is steadily expanding. Labor market conditions have eased somewhat, with the unemployment rate rising slightly but still remaining low. At the same time, the inflation rate is gradually moving toward the 2% year-over-year target, but it is still slightly above the ideal level. In response, the Fed stated that it will strive to achieve full employment and a long-term inflation target of 2% for a soft landing.
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