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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
Last week, from October 28 to November 1, Bitcoin spot ETF had a net inflow of $2.22 billion, the third largest weekly net inflow in history. BlackRock ETF IBIT had a weekly net inflow of $2.15 billion. Ethereum spot ETF had a net inflow of $13 million last week. — link : Wu Blockchain News
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Naval Ravikant, a well-known angel investor in Silicon Valley, said: Most crypto projects die because the founding team gets rich too early and you can’t recruit your way out of that. Kyle, the co-founder of Muliticoin, agreed and said that the best founders are not completely driven by finance. — link : Wu Blockchain News
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The Ethereum and Solana hot wallets of the online casino Metawin were hacked. Using the "frictionless withdrawal system" vulnerability of the protocol, hackers stole more than $4 million. Some of the funds have been transferred to Kucoin and HitBTC. — link : Wu Blockchain News
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When you've become the first Bitcoin whole Coiner in your family : Bitcoin
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FACT: 🟠 Michael Saylor’s Bitcoin strategy boosted MicroStrategy from a $1B to a $52B market cap 🔥 : Bitcoin
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🇸🇷 Suriname presidential candidate Maya Parbhoe pledges to make Bitcoin legal tender on day one 🙌 : Bitcoin
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Coinbase CEO Brian Armstrong said that over time, some diversified investments will be made, including investments in moonshot projects, but the vast majority of Coinbase shares will still be retained.He listed about 10% of my holdings in the 10b51 plan, but much of that at substantially higher price limits than COIN today. — link : Wu Blockchain News
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Arthur Hayes favors Solana ahead of the U.S. election and calls it a “high beta Bitcoin” in Unchained podcast; it doesn’t matter who wins the U.S. election because the primary impact on digital assets will be the Fed’s decision on November 7. He warned that no matter how politics change, crypto regulation is unlikely to see significant improvements. — link : Wu Blockchain News
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Ki Young Ju, founder of CryptoQuant, said that in September 2021, the stablecoin market value was $30 billion, and now is about $166 billion. However, only 21% of stablecoins are used for transactions in exchanges now. In 2021, more than half of the stablecoins were in exchanges, indicating that the trend of stablecoins as a store of value or a method of remittance is rising in this cycle. — link : Wu Blockchain News
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HISTORY: 🟠 The email that started a revolution. : Bitcoin
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JUST IN: BlackRock CEO Larry Fink says "we're not going to see interest rates as low as people are forecasting." : Watcher Guru
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ETH/BTC sets a new 3.5-year low.
Bitcoin > shitcoins : Bitcoin
Ethereum researcher Justin Ðrake said he has given up his advisory position at EigenLayer and left the ultra sound team and will turn down all advisoryships, angel investments, and security councils. He is optimistic 2025 will be a fantastic year for Ethereum and an energising one for L1 R&D. — link : Wu Blockchain News
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*WARREN BUFFETT'S BERKSHIRE CASH PILE HITS RECORD $325.2 BILLION
*BERKSHIRE SOLD 25% OF ITS APPLE STOCK IN Q3
*THE COMPANY DIDN'T BUY ANY STOCK IN Q3 : infinityhedge
Lu Lei, deputy governor of the Central Bank of China, said in his 2021 book: In the field of monetary economics prediction and practice, there are two people who deserve high respect - Robert Mundell, who just passed away, and Satoshi Nakamoto, who is still unknown.
But the former did not achieve the utopia of dollarization. Bitcoin has evolved into an extremely expensive digital asset, which is getting further and further away from widely circulated currency. — link : Wu Blockchain News
According to Tokenomist, the single unlocking amount in the next 7 days will be greater than 5 million US dollars, including NEON BANANA ADA XAI BGB AGI, etc., and the linear large unlocking in the next 7 days includes SOL WLD TIA TAO AVAX DOGE SEI NEAR DOT SUI FIL, etc. The total unlocking value exceeds 349 million US dollars. — link : Wu Blockchain News
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Stablecoin issuer Circle said that Hong Kong is an important market for USDC and intends to hire more employees and establish business in Hong Kong. It is currently waiting for the introduction of new stablecoin regulations in HK and will consider applying for a license; HK has great advantages in developing stablecoins, including the ability to achieve same-day US dollar settlement and is also the largest capital market in the Asia-Pacific region. — link : Wu Blockchain News
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The Federal Reserve will announce its interest rate decision on November 7 this week, and CME shows a 99.7% probability of a 25bps rate cut. In addition, voting for the US presidential election will begin on November 5, and the results are expected to be determined around November 6. — link : Wu Blockchain News
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FYI: 🟠 In the past days Bitcoin hit all-time high in 113 currencies 📈
Nothing's stopping this train. : Bitcoin
🇺🇸 U.S. ETFs bought 11,900 #Bitcoin on October 29th—equivalent to a month’s supply❗️ : Bitcoin
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Moonrock Capital CEO Simon said that a Tier 1 project received a request from Binance to list, but they were required to provide 15% of the total token supply. Coinbase CEO Brian said that Coinbase listing coins is free. However, Andre Cronje refuted that Binance did not charge them any fees, and Coinbase recently asked for $60m (probably referring to FTM token). — link : Wu Blockchain News
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CoinShares' latest report shows that based on second quarter cash cost data, the average cost of producing one bitcoin for all listed miners is now $49,500, and if depreciation and stock compensation are included, this average cost will rise to $96,100. Mining companies are increasingly diversifying their revenue sources to include AI. — link : Wu Blockchain News
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In the past 12 hours, Polymarket showed that in the most important swing state of Pennsylvania, Trump's chances of winning dropped from 56% to 51%, while Harris's chances rose from 45% to 50%. The Washington Post survey showed Harris leading Trump with 48% to 47% in Pennsylvania. — link : Wu Blockchain News
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Cosmos Network wallet: 0xE8...57d3 transferred 3,500 ETH worth about 8.72 million USD to Coinbase Prime Deposit at 0:50 UTC+8 today via the transfer address: 0x5b...d7b0. Currently, Cosmos Network wallet: 0xE8...57d3 still holds 20,087 ETH worth about 49.85 million USD, which comes from the ICO in 2017. — link : Wu Blockchain News
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NEW: 🇺🇸 Strive Asset Management, co-founded by Vivek Ramaswamy, announces it’s embracing Bitcoin in Texas 🙌
Managing $1.7B, Strive reports a core part of its business moving forward will be “integrating Bitcoin into standard portfolios of everyday Americans.”
Via Bitcoin News : Bitcoin
"$MSTR is in an exclusive relationship with $BTC."
- Michael Saylor : Bitcoin
JUST IN: 🇺🇸 Senator John Fetterman calls to ban Congress members from owning stocks due to insider trading. : Watcher Guru
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Podcast: EP-28 The Graph: Powering Web3's Data with Decentralization
We discusses The Graph's role in decentralizing Web3 data. It covers its function as the "Google of blockchains," enabling decentralized data indexing and querying across over 50 chains. It highlights the GRT token's utility, AI integration to enhance services, and the importance of expanding the developer community. The Graph focuses on decentralization through multiple core development teams and addresses potential in combating misinformation with decentralized data. YouTube Transcript : Wu Blockchain News
XION: A Chain Abstraction-Focused L1 Blockchain for Web3 Mainstream Adoption
As one of the representatives of chain abstraction, XION, supported by Multicoin, is providing a wallet-free experience through generalized abstraction technology, further lowering the threshold for users to use Web3 applications. This article will explore the background of XION and analyze how it solves user experience problems and improves cross-chain experience through abstraction. The article will also analyze XION’s token economics design and interpret the competitive landscape of the chain abstraction track. Read more — link : Wu Blockchain News
QCP: Short-term implied volatility remains elevated above 72 vols for the upcoming Election week for both BTC and ETH with put skews growing higher as traders load up on downside protection. Regardless of the outcome, we believe the Elections will be another sell-the-news action, replicating the Nashville Bitcoin conference. — link : Wu Blockchain News
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