The U.S. court extended the deadline for Ripple to submit confirmation letters and notices of court related to SEC proceedings by 14 days 👨⚖️
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MetaPlanet completed $66 million in fundraising through the stock acquisition program 💵
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Binance and Cryptoсоm are losing market share to smaller rivals, while decentralized exchanges (DEXs) are gaining momentum
⚫️ Binance's spot market share fell from 52.5% to 39.5% in a year.
⚫️ Bybit surged to 8.51% market share, becoming the second-largest exchange.
⚫️DEX trading volumes grew, surpassing $250bn in March and June.
⚫️Despite losses, Binance still handled over $22.5tr in trading volume.
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🗞 October 22, 2024 cryptocurrency news highlights
【Cryptocurrency】
💡 💬 Paradign co-founder: Stablecoin is the next killer application of cryptocurrency
【Economy】
Bitcoin and cryptocurrency political donations for the U.S. presidential election are close to $200 million 🕊
【Indicators】
Federal Reserve Kashkali: It is expected that there will be moderate interest rate cuts in the next few quarters 🔽
Bitcoin futures open contracts (OI) traded on the Chicago Mercantile Exchange (CME) have reached a record high of more than $12.2.6 billion 💲
【More】
Iran's top crypto exchange, Nobitex, with over 6m users, faces scrutiny due to alleged ties to the Iranian government and IRGC.
OBAMA: 🇺🇸 "If in fact you can't crack that (Bitcoin) at all and the government can't get in then everybody is walking around with a Swiss bank account in their pocket." 🙌
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Iran's top crypto exchange, Nobitex, with over 6m users, faces scrutiny due to alleged ties to the Iranian government and IRGC.
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Matrixport: The altcoin boom has not yet arrived, and retail investors have not yet entered the market on a large scale
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🇺🇸 Ripple Co-creation donated $10 million XRP tokens to Harris again
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Bitcoin and cryptocurrency political donations for the U.S. presidential election are close to $200 million 🕊
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Bitcoin futures open contracts (OI) traded on the Chicago Mercantile Exchange (CME) have reached a record high of more than $12.2.6 billion 💲
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On October 21, the net inflow of U.S. Bitcoin ETF was 4,330 BTC, and the net outflow of Ethereum ETF was 3,081 ETH 🪙
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💡 💬 Paradign co-founder: Stablecoin is the next killer application of cryptocurrency
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🟠 Saylor dismisses concerns about government seizure of Bitcoin as merely a crypto-anarchist trope 🤔
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Bernstein: Bitcoin ETF inflows and crypto stock market sentiment all show extremely high risk appetite
As Bitcoin once again attempted to break through the $70,000 resistance level and approach all-time highs, analysts at research and brokerage firm Bernstein said that Bitcoin ETF capital inflows, crypto stock markets, and retail trading sentiment All are "strongly showing risk appetite."
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MEW becomes the third MEME coin to be traded with Korean won on Upbit, following DOGE and SHIB
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🔽 According to CME's "Federal Reserve Observation", the probability of the Federal Reserve falling by 25 basis points by November is 91.1%
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Tether CEO: It is expected that the United States will catch up in cryptocurrency regulation 🪙
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If Bitcoin falls below $66,000, the cumulative multi-order clearing intensity of mainstream CEX will reach 1.12 billion 💸
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Gary Gensler is nearing the end of his tenure, which could conclude depending on the 2024 presidential election results
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OBAMA: 🇺🇸 "If in fact you can't crack that (Bitcoin) at all and the government can't get in then everybody is walking around with a Swiss bank account in their pocket." 🙌
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The U.S. SEC has approved the listing and trading of multiple Bitcoin ETF options, with a one-sided contract position limit of 25,000
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After Bitcoin fell, the total network contract holdings fell below $40 billion
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💵 U.S. spot Ethereum ETF had a net outflow of $20.82 million yesterday
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The probability of the Federal Reserve cutting interest rates by 25BP in November is 86.8% ⬇️
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Federal Reserve Kashkali: It is expected that there will be moderate interest rate cuts in the next few quarters 🔽
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📁 Coinbase requires the U.S. IRS to provide more time in cryptocurrency cost base reporting
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🗞 October 21, 2024 cryptocurrency news highlights
【Cryptocurrency】
🙌USDT and USDC now account for nearly 50% of transaction volume among major cryptocurrencies.
Bernstein: Bitcoin ETF inflows and crypto stock market sentiment all show extremely high risk appetite
【Economy】
It took Gold ETFs 5 years to break $20b inflows.🥇
【Indicators】
If Bitcoin breaks through $70,000, the cumulative short order liquidation intensity of mainstream CEX will reach 349 million🔼
🪙BlackRock’s ETF chief, Samara Cohen, revealed that 75% of buyers for their Bitcoin ETFs are crypto enthusiasts new to Wall Street.
【More】
Billionaire Bill Miller: Financial advisors will recommend allocating 1%-3% of Bitcoin in investment portfolios over the next few years💰
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BlackRock’s ETF chief, Samara Cohen, revealed that 75% of buyers for their Bitcoin ETFs are crypto enthusiasts new to Wall Street.
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USDT and USDC now account for nearly 50% of transaction volume among major cryptocurrencies.
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Billionaire Bill Miller: Financial advisors will recommend allocating 1%-3% of Bitcoin in investment portfolios over the next few years
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