During the big drop, American institutions and retail investors are still buying, picking up cheap chips. This is a very positive sign.
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金色财经
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【The US Spot Bitcoin ETF saw a net inflow of $279 million yesterday】According to Golden Finance reports, data monitored by Trader T shows that the US Spot Bitcoin ETF had a net inflow of $279 million yesterday.
As expected, it has failed. Currently, there are relatively few statements from large companies, and the one most likely to make a statement is Elon Musk's Tesla.
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nanco
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#微软比特币投资投票案 I think it will fail. If it really supports BTC, the first to come out would be Musk, not Microsoft.
Very cautionary article Safety Expandability Usability cannot be obtained together
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BlockBeats
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Ethereum in the Bull Market: Undervalued Blue Chip or Gradually Slowing Giant?
Original title: (Ethereum in the Bull Market: Undervalued Blue Chip or Gradually Slowing Giant?)
Original author: Frank, PANews
As the bull market enters altcoin season, time seems to be running out for ETH. Since the beginning of this surge cycle at the end of 2023, ETH's performance has garnered much attention. However, it seems that ETH's performance has been somewhat below expectations over the past year. The most intuitive observation is that from October 2023 to now, the maximum increase was 170%, lingering around the $4000 mark without a significant breakthrough. In contrast, BTC's maximum increase during the same period exceeded 300%, and SOL's increase surpassed 1300%. Many believe that ETH represents the opportunity for the altcoin season, but with several established altcoins rising sharply in the short term, ETH's momentum appears noticeably insufficient.
MicroStrategy increases its holdings by approximately 5.4 billion USD for 55,500 BTC
BlockBeats news, on November 25, MicroStrategy founder Michael Saylor posted on social media stating that MicroStrategy has increased its holdings by 55,500 Bitcoins at an average price of approximately 97,862 USD, with a total value of about 5.4 billion USD.
As of November 24, 2024, MicroStrategy holds 386,700 Bitcoins, with a total purchase cost of approximately 21.9 billion USD, and an average purchase price of about 56,761 USD.
Bankless: Understanding the Bull Market for ETH in the Trump Era
Author: David C, Bankless; Translated by: Deng Tong, Jinse Finance
In the two weeks since Trump's reelection, our feelings about cryptocurrency regulation look very hopeful, especially for ETH.
Although ETH has stabilized since its surge after the elections, institutional demand continues to trend upward, and as staking levels reach historic highs, supply will only contract further. This attractive market setup, combined with expectations of relaxed regulations, paves the way for ETH ETF staking and the fee switch for crypto protocols.
As Ethereum is poised to capitalize on these trends, there are solid reasons for its exceptional performance and that of its strongest L2 Base.
Chiang Mai is a large international village where Vitalik has lived for about 42 days recently. For him, who flies 55 times a year and moves almost every week, it is rare for him to live in a city for such a long time.
During these 42 days, a bottom-up, decentralized, and increasingly populous social life experiment took place. Eventually, more than 1,000 blockchain practitioners from all over the world arrived in Chiang Mai and spontaneously formed 8 or 9 cities and villages (Pop-Up Cities). They were going to build a "Web3 City" here for six weeks.
ETH/BTC exchange rate falls below 0.037, continuing to hit the lowest level since the bull peak of 2021
BlockBeats news, on October 25, according to HTX market data, the ETH/BTC exchange rate dropped to 0.03684, a 24-hour decline of 2.59%, continuing to hit the lowest level since the bull peak of 2021.
This analysis is a deliberate ambush of honey trap
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BlockBeats
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A 19-year-old Singaporean crypto trader was ambushed while exchanging USDT offline. Two suspects have been arrested
According to BlockBeats, on September 5, Protos reported that a 19-year-old Singaporean cryptocurrency trader was ambushed by two men when he tried to exchange 32,000 Singapore dollars (about 24,000 US dollars) for USDT. They punched him and chased him through a nearby shopping mall, forcing him to abandon the face-to-face transaction.
The teenager, known only as “ZK,” was attacked by two men while meeting a cryptocurrency seller in a parking lot on August 29. ZK said the two men looked like “ordinary pedestrians” as the transaction was taking place, and one of them suddenly punched him in the left face as they passed by.
Golden Finance reported that France announced that it would include Bitcoin in its pension savings system, offering investment options including cryptocurrencies through Bitcoin exchange-traded funds (ETFs). The French government has partnered with VanEck Europe to enable citizens to diversify their pension portfolios through cryptocurrencies. ETH News explained that this move marks an important step in incorporating cryptocurrencies into France's traditional financial system and could set a precedent for other countries.