A 'whale' holding a huge amount of BTC mined in the early days of the Bitcoin network has been continuously moving funds out of its wallet after years of dormancy.
On October 14, blockchain data analytics firm Arkham Intelligence said that the "Ancient Bitcoin Whale" wallet "3Gvx...fcGq" transferred another $630,000 in Bitcoin (BTC) to the Kraken exchange. In the past two months, this wallet has transferred a total of $5.47 million in Bitcoin out of the account.

Anthony Scaramucci, the founder of SkyBridge Capital, stated that the recent Bitcoin sell-off lacks a rational basis, primarily stemming from some investors viewing Bitcoin as a 'high-risk' asset.
In a recent post on platform X, he argued that this decline is mainly a reaction to the volatility of tech stocks, rather than any underlying issues related to Bitcoin.

Fans of Hamster Kombat are eagerly awaiting the second part of this popular Telegram game, after the HMSTR token was launched in September. However, the release time announced by the developers has passed without any updates, while the price of the HMSTR token continues to decline.
The HMSTR token, released on The Open Network (TON), has hit a new all-time low price of $0.0025 at the time of writing.

<br /><br />HMSTR 1-day price chart | Source: TradingView <br /><br />

This week, the U.S. crypto industry has had many reasons to celebrate: Bitcoin is close to reaching its all-time high, crypto ETFs have achieved many new milestones on Wall Street, and the upcoming presidential election is expected to boost this ecosystem, no matter the outcome.

However, it seems few have noticed that this is one of the toughest weeks for top employers in the cryptocurrency field in the U.S.

From the assessment that Bitcoin is at risk of a sharp drop to the $50,000 range to SafePal launching the Mini App wallet, here are some highlights in the crypto market.

Bitcoin News
A veteran strategist is warning about Bitcoin, saying that the top asset is at risk of a sharp decline to the $50,000 price level.
In a new video, anonymous analyst DonAlt tells his 62,500 YouTube subscribers that Bitcoin closing weekly below $70,000 will open the door for another wave of liquidations.

Bitcoin has fallen below the real price — an important metric indicating the average purchase cost of all circulating coins. Such a decline has weakened hopes for a quick recovery to $72,000, as breaking below the real price often indicates increased selling pressure.
With the current price of Bitcoin at $68,404, continuing to trade below this important threshold indicates a prolonged bearish trend. The question is, how much deeper can BTC go?

Elon Musk is dreaming of taking Tesla into a new era beyond electric vehicles.

Elon Musk is betting that robot cars will usher Tesla into a new profitable era. But the WSJ suggests that Musk is getting it all wrong.
Musk's plan focuses on what he calls end-to-end artificial intelligence. The goal is to feed Tesla's AI systems with a plethora of videos from existing Teslas, with the expectation that algorithms running on massive supercomputers will learn how to drive safely.

Warren Buffett's Berkshire Hathaway currently holds a record amount of cash after selling off shares of Apple and Bank of America.

According to the financial report released on November 2, Warren Buffett's Berkshire Hathaway saw its cash pile increase from $276.9 billion at the end of Q2 to $325.2 billion in Q3 - marking a record high.
This comes as the billionaire sold a significant amount of shares in Apple and Bank of America - the two largest stocks in Berkshire's portfolio.

In Q3, Berkshire Hathaway's massive cash pile reached $300 billion as Warren Buffett continued to liquidate and did not buy back shares.

According to the financial report released on November 2, Omaha-based Berkshire Hathaway reported cash increasing from $276.9 billion in Q2 to a record $325.2 billion by the end of September.

This massive cash pile continues to grow from Omaha's Oracle selling a large portion of his shares. Specifically, Apple and Bank of America are two names Buffett chose to reduce. Berkshire sold about a quarter of its stake in Apple in Q3, marking the fourth consecutive quarter that the company reduced its investment in the tech giant. Meanwhile, since mid-July, Berkshire has brought in over $10 billion from selling its long-term investment in Bank of America.

These assets have emerged as an alternative in the context of concerns about the USD and inflationary pressures.

Just a year ago, if the stock market was volatile or had risks, investors could shift to pouring money into money market funds with yields above 5%.
Currently, yields from money market funds fluctuate around 4.5%. Nevertheless, this remains an attractive level in exchange for safety. But as the Federal Reserve (Fed) delves deeper into the rate-cutting cycle, investors will have to reassess their strategies.

Fed policymakers are almost certain to modestly reduce short-term borrowing costs by a quarter percentage point at the policy meeting next week.

<br /><br />Regardless of the results of the U.S. election, the Fed still cuts interest rates to ensure economic stability. Photo: Bloomberg. <br /><br />

U.S. Federal Reserve policymakers believe that the labor market is cooling but not collapsing could still remain intact, although new data shows that employers in the U.S. hired fewer workers in October than any month since December 2020.

This is your last chance to buy bitcoin at a good price =))
👉

Support Donald Trump, the president of cryptocurrency

with a like, share to support this event, everyone

Support Donald Trump, the president of cryptocurrency
$BTC $WLD $ETH

- Bitcoin has surpassed the 70,000 USD mark as investors countdown to the U.S. presidential election day and major companies in the cryptocurrency sector prepare to announce their business results.
According to data from CoinMarketCap, the price of bitcoin this morning has increased beyond the 70,000 USD mark, the highest level of the largest cryptocurrency in the world in the past 5 months. In just the past 24 hours, the market price of bitcoin has risen by 2.5%. Thanks to this increase, the market capitalization of bitcoin has also expanded to 1.38 trillion USD.

After a series of volatile events, the world's most valuable cryptocurrency has set a new record.
Bitcoin, the world’s most popular cryptocurrency, has once again captured the attention of investors and crypto enthusiasts as it recently hit an all-time high, surpassing the $70,000 mark. This remarkable milestone has reignited discussions about the future of cryptocurrencies and their potential impact on the financial sector.

Two Bitcoin addresses that had been inactive for over 10 years suddenly returned, attracting the attention of cryptocurrency investors.
In the cryptocurrency world, the term “whale” refers to individuals or organizations holding a large amount of Bitcoin, capable of influencing market prices through large transactions. Their activities are often closely monitored by traders and analysts.

US presidential candidate Donald Trump believes that the US chip industry has been 'stolen' by Taiwan in recent times.
"You know, Taiwan has stolen our chip business, and now they want to be protected," Trump said in the podcast The Joe Rogan Experience aired last weekend.

According to CNBC, although not directly mentioning specific Taiwanese businesses, he seems to be targeting TSMC, the company that currently manufactures chips for most US companies like Apple and Nvidia.