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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon

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Cryptoy ₿

The BNB Foundation announced the completion of the 29th quarterly BNB burning, with a total automatic burning of 1772712.363 BNB, worth approximately $1.07 billion. This quarter's burning and future burning will be carried out directly on BSC, and the corresponding amount of BNB will be sent to the "black hole" address. — link : Wu Blockchain News

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Cryptoy ₿

Today, Zeta Chain (ZETA) was interrupted for about 6 hours, and deposits and withdrawals were temporarily suspended, but have now been restored. The network was interrupted because a new update launched to a small number of validators caused a consensus failure and required a rollback to node software v20.0.5. — link : Wu Blockchain News

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On October 31, the Bitcoin spot ETF had a total net inflow of $32.1408 million, the lowest net inflow in the past seven days. The Ethereum spot ETF had a total net inflow of $13.0552 million. — link : Wu Blockchain News

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According to Lookonchian, the largest holder of the Cult Memecoin HarryPotterObamaSonic10Inu (BITCOIN), which has a market value of over $200 million, 0xdC…1820 sold all 24 million tokens for 50.17 WBTC (worth about $3.53 million) through Uniswap between 6:08 and 6:11 UTC+8 today, causing the token to plummet by more than 60%. — link : Wu Blockchain News

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BlackRock (ETHA) Daily ETH Flows: +49.6m: BBG : Tree News

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BlackRock (IBIT) Daily BTC Flows: +317.8m: BBG : Tree News

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Cryptoy ₿

Tether released its third quarter 2024 financial report, showing that the company's net profit reached US$2.5 billion, the cumulative profit in the first nine months reached US$7.7 billion, and the total assets reached US$134.4 billion, all of which were record highs. Tether holds US$102.5 billion in U.S. Treasury bonds, ranking among the top 18 holders in the world. — link : Wu Blockchain News

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Blockchain gaming company Immutable announced that it has received a Wells notice from the U.S. SEC, alleging that it has violated securities laws and made false statements. The U.S. SEC claims that its tokens are securities. It may target the listing and private sale of IMX in 2021. — link : Wu Blockchain News

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Cryptoy ₿

🇺🇸 Donald Trump wishes "Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper."

"We will end Kamala’s war on crypto, & Bitcoin will be MADE IN THE USA! VOTE TRUMP!" : Bitcoin

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JUST IN: 🇺🇸 $953 billion was wiped out from the US stock market today. : Watcher Guru

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IMX gets wells notice from SEC over token sales: Decrypt

🔗 velo.xyz : Zoomer News

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Ethereum Gaming Firm Immutable Says SEC Is Threatening Lawsuit Over IMX Token Sales: DECRYPT : infinityhedge

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Cryptoy ₿

Today marks the 16th anniversary of the release of the Bitcoin white paper. On October 31, 2008, Satoshi Nakamoto published this landmark document. Titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” the nine-page thesis paper established the basic structure for the Bitcoin network. It also presented the idea of ​​the decentralized cryptocurrency that can make transactions while using no financial institutions or third parties. — link : Wu Blockchain News

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Cryptoy ₿

Tether reports $2.5B profit in Q3, holds over $100B of U.S. Treasuries — link | tl;dr : unfolded.

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One Bitcoin equals seventy thousand United States dollars - CNBC : Leviathan News

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ZetaChain resumes block production after a six-hour outage — link | tl;dr : unfolded. DeFi

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The first phase of the mainnet of the modular blockchain project Elixir is now online, initially running on a genesis node composed of institutional validators. During this phase, the network will be tested for stability by pre-selected institutional validators. After the public beta mainnet is launched, any user can participate in the operation of the validation node, and eligible users can also receive ELX rewards. — link : Wu Blockchain News

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Cryptoy ₿

1 Nov Options Data
28,000 BTC options expired with a Put Call Ratio of 0.92, a Maxpain point of $69,000 and a notional value of $1.97 billion.
137,000 ETH options expired with a Put Call Ratio of 0.69, a Maxpain point of $2,550 and a notional value of $350 million. — link : Wu Blockchain News

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Cryptoy ₿

Mt Gox has a large amount of movement. At 8:42 UTC+8 today, Mt Gox transferred 500 BTC (worth about $35.04m) to two unmarked addresses, 31.78 BTC to bc1qn2...qqn94s and 468.24 BTC to 12cTjQ...2C4mMJ, and then 12cTjQ...2C4mMJ made further distributions. — link : Wu Blockchain News

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Zircuit announced that its airdrop is now open to EigenLayer holders and stakers. Zircuit also launched an airdrop with Binance Web3 Wallet with $500,000 prize pool in Zircuit tokens and gas fee subsidies. Zircuit is a ZK Layer 2 protocol that has received investment from Binance Labs, Pantera, and Dragonfly. — link — link : Wu Blockchain News

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JUST IN: 🇺🇸 US #Bitcoin ETFs now hold over 1 million $BTC❗️ : Bitcoin

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The U.S. state of Florida holds about $800 million in crypto-related investments in its portfolio,CFO Jimmy Patronis said If former President Trump is re-elected, he would not be surprised to see that number grow. Patronis also said in a letter that Florida should put some of its state pension system funds into cryptocurrencies. — link : Wu Blockchain News

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Cryptoy ₿

"$IBIT took in more cash than any other ETF in the world over the past week. This is out of 13,227 ETFs, which includes $VOO $IVV $AGG etc. It's so hard to beat those veteran Cash Vacuum Cleaners, even for a week, especially for an infant ETF (3mo-1yr old)"

- Eric Balchunas : Bitcoin

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Cryptoy ₿

Immutable says it received a Wells notice from the US SEC over securities law violations potentially involving IMX — link | tl;dr : unfolded. DeFi

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Cryptoy ₿

For context:

"$42b of BTC buying would push #Bitcoin's market cap of $1.4T to $1.5T-$1.65T given historical liquidity conditions.

Not bad, but the big picture is the "how to guide" it sets for others.

There's $110T in stocks... and this the mechanism for BTC to eat that capital quickly."

Via Willy Woo : Bitcoin

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Cryptoy ₿

Ethereum Gaming Firm Immutable Says SEC Is Threatening Lawsuit Over IMX Token Sales: DECRYPT : Tree News

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Ethereum Gaming Firm Immutable Says SEC Is Threatening Lawsuit Over IMX Token Sales: DECRYPT : Tree News

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Cryptoy ₿

Florida's CFO says state holds about $800 million in crypto investments — link | tl;dr : unfolded. DeFi

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Cryptoy ₿

MINNEAPOLIS FED: 🇺🇸 "A legal prohibition against #Bitcoin can restore unique implementation of permanent primary deficits, and so can a tax on Bitcoin." 👀

This is how a new Bitcoin tax should be calculated according to them. : Bitcoin

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Cryptoy ₿

The crypto world is entranced by the dawn of supposed AI-managed hedge funds. Unfortunately, A16z and other humans are actually responsible. - Protos : Leviathan News

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