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Florida proposes a bill to invest up to 10% of state funds and pensions in Bitcoin and crypto ETFs.Public Funds Could Get a Crypto BoostPolitical and Economic Implications
Brian Armstrong says most people will use crypto in 10 years—without even realizing it.Just Like the Internet BoomWhat This Means for the Crypto Industry
Ripple is leading a $1B raise to buy XRP via a digital-asset treasury through a SPAC, according to Bloomberg.Why Use a SPAC for the XRP Treasury?What This Means for XRP and the Crypto Industry
Jack Dorsey suggests that Signal should adopt Bitcoin to strengthen user privacy and financial freedom.Why Bitcoin Could Be the Perfect Fit for SignalWhat This Could Mean for Users and Crypto Adoption
Spot Bitcoin ETFs lost $536M on Oct 16, while Ethereum ETFs saw $56.88M outflow. Only BlackRock ETHA recorded an inflow.Ethereum ETFs Also Feel the HeatWhat This Means for Investors
- 07:46113,696,711 USDT transferred out from a certain exchangeAccording to Jinse Finance, Whale Alert has monitored that 113,696,711 USDT (approximately $113,818,935) were transferred from an exchange to an unknown wallet.
- 07:37Data: Machi's ETH long position is less than $25 away from liquidationChainCatcher news, according to Onchain Lens monitoring, "Machi Big Brother" Huang Licheng's 25x leveraged ETH long position is currently experiencing a floating loss of over 120%. The liquidation price is $3,763.54, leaving less than $25 from Ethereum's current price of $3,788.
- 07:37Data: Strategy Bitcoin holdings market value falls below $70 billion, evaporating over $10 billion in the past two weeksAccording to ChainCatcher, data from Saylortracker shows that market turbulence in the crypto sector has caused the value of MicroStrategy's bitcoin holdings to evaporate by over 10 billions USD in the past two weeks, dropping from its peak to the current 68.37 billions USD. However, MicroStrategy's bitcoin holdings are still showing an unrealized profit of nearly 21 billions USD, with a cumulative return of 44.3% to date. Currently, MicroStrategy holds 640,250 bitcoins, with an average purchase price of approximately 74,000 USD.