Bitcoin has outperformed gold over the past year

Bitcoin is doing much better than gold in the market, according to the CryptoQuant team.

The statistics also support this position, as gold has only increased by 27% since the beginning of the year, while Bitcoin has increased by 47% (almost twice as much) during this time.

Bitcoin has strengthened in value along with the growing popularity of MicroStrategy. Traders can use this indicator to develop a strategy in the market. Correlation between assets increases as Bitcoin reserves increase in MicroStrategy.

CryptoQuant CEO Ki-Young Joo emphasizes that BTC has grown by 237% in two years, and MicroStrategy's capitalization. during the same time soared by 669%
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September became the worst month for 2024.

According to the results of September, the volume of trades on centralized cryptocurrency exchanges will not exceed the trillion dollar mark. So this will be the worst result for 2024.

Even in the dullest months of summer, our figure was higher than in September. October starts tomorrow and it is statistically a green month, we'll see what happens.
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Buterin proposed metrics to measure "Ethereum compliance"

Vitalik Buterin proposed to solve the problem of the disparity of Ethereum ecosystem participants with the help of the concept of "Ethereum compliance", which is in the coordination of values. According to him, projects should be based on such criteria as:

- Open source code;
- Open standards;
- decentralization and security.

"The main challenge is to make sure that all these projects together create something that feels like a single Ethereum ecosystem, rather than 138 disparate fiefdoms."
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October is a positive month for most risky assets.
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Powell's speech took place today, which may affect the market.

Also this week, data on employment, the number of open vacancies on the labor market, as well as the unemployment rate and employment data for September will be released.

All this affects the decision to decrease/increase the key rate. All this can affect the market, but not much. September is coming to an end and according to its results we still see a small plus. Tomorrow we will finally see how successful the month was.

The next meeting of the US Fed will take place at 07:11 (November 7).
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Ethereum-ETF from BlackRock continues to show an incredible result

The capitalization of BlackRock's Ethereum-ETF has reached $1 billion, making it the undisputed leader in terms of assets.

On Friday, the inflow to American Ethereum funds amounted to a significant 58.7 million dollars. In August and September, capital mostly left ETFs on air, and only after the Fed's decision to ease monetary policy did traders change their tactics.

In this situation, the leader was FETH from Fidelity, which attracted $42.5 million. The second place was taken by the ETHA crypto fund from BlackRock - $11.5 million per day.

Capital outflows from Grayscale's ETHE began to gradually decline, while other funds recorded inflows.
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The results of the US elections will not affect the growth of Bitcoin in the IV quarter - an expert

In the IV quarter of 2024, regardless of the outcome of the US election, Bitcoin will continue to grow and renew its ATH, according to ZX Squared Capital's investment director C. K. Zheng.

The expert noted that historically, the halving of the first cryptocurrency always led to market recovery near the end of the year.
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Telegram wallet announced the possibility of buying a hamster through p2p👌😅

Hamster Kombat is already on the P2P Market - Wallet users can buy and sell $HMSTR directly in Telegram using more than 300 payment methods.

And you can also send $HMSTR to your Telegram contacts: instantly and without commission
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The project of the Trump family - World Liberty Financial - opened the verification of users. However, the site could not cope with the load, as a result of which it has been unavailable for some time.

At the time of writing, the team has not commented on the situation.
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UPD: SoftBank Vision fund invests $500 million in latest funding round #OpenAI media reports.

Apple withdrew from the financing negotiations.
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🔷 Ethereum Foundation sold 100 ETH today for 262,474 DAI

In 2024, the #Ethereum Foundation sold already 3766 ETH for 10.46 million DAI, at an average selling price of $2777 per ETH. In September alone, 1,250 ETH worth approximately $3.06 million were sold.
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UPD: Robinhood has no plans to launch its own stablecoin, #CEO Robinhood Crypto Johan Kerbrath said.
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🚨 In September, cryptans lost about $161 million due to fraudsters

This is twice as much as in August

Exploits: ~ $ 155.7 million
Flash lending: ~ $ 4.7 mln
Exit scams: ~ $ 0.7 mln

Only $2.1 million worth of assets were returned
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📈Global liquidity is growing again - FT. ᅠ

Stocks, real estate, commodities and Bitcoin are poised for a new tailwind.
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Santiment: A Bitcoin ATH update is unlikely as there are 1.8 bullish social media posts for every bearish BTC post.

"Historically, markets always move in the opposite direction of the crowd's expectations," the analysts noted.
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