Corporate insiders (executives and officers) are selling shares of their own companies at the highest rate since 2021 😳

This means people in top positions at companies expect the economy to slow down or face challenges soon, so they are cashing out before things get worse 📉

Meanwhile, on Chinese TV: "If Bitcoin becomes the ultimate form of currency, we'll all die" 😁

✅ Bitcoin has consolidated above $67,000 and while stopping the decline after a failed attempt to go above $69k is pleasing, the overall slowdown in growth is worrisome 👀

Daily Digest:

🔸 Minneapolis Fed thinks Governments must tax or ban Bitcoin to maintain deficits

🔸 Crypto CEO lost $450k to his “best friend” simply by connecting to his WiFi network 😐

🔸 Corporate insiders are selling shares at the highest rate in 3 years

🔸 BlackRock (IBIT) spot Bitcoin ETF investors bought more than $332.3 million worth of BTC

🔸 Scroll L2 blockchain Season 1 airdrop can finally be claimed here 😡

🔸 Minneapolis Federal Reserve President said crypto as the currency is hardly ever used outside of criminal activities

🔸 Chainlink has launched new CCIP private blockchain transactions tech

🔹 Prices:

🥇 Bitcoin - $67,427 (↓0.3%)
✨ Ethereum - $2,625 (↓1.8%)
🧪 S&P 500 - 5,851 (↓0.04%)
🕗 DXY - 104.10 (↑0.08%)
🌉 Gold - 2,747 (↑1.03%)

Cypy trading explained in one video 🤣

Along with the halt in the stock market, we get slowly bleeding BTC, ETH, and the declining altcoins that depend on them. The $67,000 level doesn't seem to matter much, as BTC moves above and below it without much volatility 🕯

Binance announced that on November 6 it will delist and stop trading in all spot trading pairs of the following tokens: IDRT, KP3R, OOKI, UNFI 🟠

Yesterday, on October 22, Bitcoin spot ETF had the first net outflow in the past 7 days, a total net outflow of $79.09 million 📉

Sky will likely be rebranded back to MakerDAO, after a lukewarm reception to the re-brand. A formal governance poll is scheduled for November 4 🥤

Avalanche AVAX releases Visa card for crypto payments,  linked to a “self-custody wallet and unique address per asset” 💳

🔹 Last 24 hours top 3 gainers:

Celestia - $5.96 (↑4.34%)
Beam - $0.019 (↑4.91%)
MEW - $0.009 (↑2.63%)

#GM

With the S&P 500 hitting a new ATH last week, it's worth remembering how profitable the last few decades have been for the U.S. stock market 📈

Imagine that in 2009 you bought a house for $500,000 and sold it for $2,500,000 today

You would still have underperformed the S&P 500 by around $1.08 million over this 15-year period 😮

🚨 The Indian government is considering banning Bitcoin while actively promoting the introduction of a central bank digital currency (CBDC).

The consensus among legislators is that the risks far outweigh the benefits of crypto, including stablecoins 😢

✅ The bears are not sleeping, and today, they crashed the market by another few percent. Bitcoin was trading at $65,000 at the bottom but found its way back up to $66.5k 😒

Daily Digest:

🔸 The Nigerian government has dropped the money laundering charges against Binance exec, Tigran Gambaryan, he is free to leave

🔸 🇻🇳 has officially released a National Blockchain Strategy that focuses on legal frameworks, infrastructure, and international cooperation

🔸 Binance announced the delisting of the following tokens: IDRT, KP3R, OOKI, UNFI

🔸 Yesterday Bitcoin spot ETF had the first net outflow in the past 7 days, a total net outflow of $79 million

🔸 Sky will likely be rebranded back to MakerDAO, after a lukewarm reception to the re-brand

🔸 Avalanche AVAX releases Visa card for crypto payments 👉

🔸 “I think all roads lead to inflation, I’m long gold, I’m long Bitcoin," said billionaire investor Paul Tudor

🔹 Prices:

🥇 Bitcoin - $66,465 (↓1.3%)
✨ Ethereum - $2,502 (↓4.9%)
🧪 S&P 500 - 5,797 (↓0.92%)
🕗 DXY - 104.41 (↑0.32%)
🌉 Gold - 2,715 (↓1.22%)

How the attempt to climb above $70,000 ended this week 😂

New "cabal" meme coin rugged investors after sleuth ZachXBT posted a leaked pitch deck of the project. $40 million market cap dropped to $1 million in a big red candle that saw $3.3 million worth of SHAR sold in one transaction 📉

Billionaire Bill Gates was ordered by a Dutch court to stand trial in the Netherlands for allegedly 'misleading the public about the safety of COVID-19 vaccines' ⚖️

At the Sibos 2024 conference in Beijing Chainlink and Swift unveiled blockchain integration to streamline digital asset settlement for traditional finance 🤝

Denmark’s Tax Law Council has recommended introducing a bill that will tax unrealized gains and losses on crypto assets held by Danish crypto investors beginning as early as 2026 🇩🇰

🔹 Last 24 hours top 3 gainers:

Goatseus Maximus - $0.792 (↑31.29%)
Popcat - $1.54 (↑11.49%)
MEW - $0.0102 (↑9.1%)

#GM

U.S. national debt increased by $473 billion in 21 days 📈

America has a big problem that has gotten so big that it seems no one is trying to solve it. The national debt used to grow at a high rate, but in recent years it has begun to grow at an unimaginably high rate 🏃‍♂️

The current U.S. national debt is $35.779 trillion. Don't forget that every dollar of that amount is subject to interest, which is now $1.096 trillion per year 😡

How to Buy Your First Bitcoin 🤑

1. Choose a reputable exchange and sign up on platforms like Binance, BYbit, etc. You can find the list of such exchanges here 🕯

2. Provide your email and set a strong password to create your account.

3. Complete the KYC to verify your identity 🪪

4. Link your bank account or debit/credit card as a payment method and deposit funds into your account. You can also choose a peer-to-peer (P2P) method as your first deposit option.

5. Go to spot trading section and select Bitcoin, enter the amount you wish to purchase, and confirm the transaction.

6. For added security, transfer your Bitcoin to a personal crypto wallet. You can find list of the best wallets here 👛

#FAQ

✅ Bitcoin appears to be entering a stabilization phase around $67k-$68k with indicators suggesting traders are moving into an accumulation period 🛒

Daily Digest:

🔸 Today marks the 7th anniversary of Coin Post founding 🎉

🔸  Pennsylvania passed the Bitcoin Rights bill to protect rights to self-custody and allow using BTC as a payment method

🔸 Donald Trump is considering the elimination of federal income tax for all Americans

🔸 Bill Gates was ordered by a Dutch court to stand trial for misleading the public about COVID-19 vaccines

🔸 Kraken said that it is launching its own layer-2 network atop the Ethereum blockchain

🔸 Chainlink and Swift unveiled blockchain integration to streamline digital asset settlement for TradFi

🔸 Denmark’s Tax Law Council has recommended introducing a bill that will tax unrealized gains and losses on crypto assets 🇩🇰

🔸 AI company is sued by the parents of a young user who reportedly took his own life after becoming obsessed with one of its lifelike A.I. chatbots

🔹 Prices:

🥇 Bitcoin - $68,151 (↑2.4%)
✨ Ethereum - $2,535 (↑0.8%)
🧪 S&P 500 - 5,809 (↑0.21%)
🕗 DXY - 104.03 (↓0.38%)
🌉 Gold - 2,735 (↑0.75%)

A good wake-up call 😄

Microsoft, the world's third-largest company with a market capitalization of more than $3 trillion, is exploring a strategy to buy bitcoin into its treasury as a diversification investment 😮

Binance announced the launch of the MOODENG/USDT Futures Perpetual Contract. After this news meme coin pumped by 122% 🔼

Solo Bitcoin miner hit the jackpot and took home ‎3.329 Bitcoin in total $222,000, for mining the blockchain block alone 🥇

Uniswap announced the launch of permissionless cross-chain bridging, which allows users to bridge assets between 9 networks directly 🦄

🔹 Last 24 hours top 3 gainers:

Safe - $1.67 (↑15.23%)
Ethena - $0.393 (↑4.45%)
Bitcoin Cash - $369.99 (↑4.60%)

#GM

The ETH/BTC rate fell below 0.037, the lowest since April 15, 2021. Since July 1 this year, the ETH/BTC rate has fallen by more than 30% 📉

Ethereum FUD is now reaching an unprecedented level, what could this mean?

🤔 Is everyone disappointed and "it's so over"?

🤔 Or is the crowd wrong as usual and a reversal is imminent?

City of Lugano, Switzerland unveiled a new statue honoring Satoshi Nakamoto, creator of Bitcoin 🤑

The installation symbolizes the community behind Bitcoin and strengthens the city’s role in the world of crypto 🗽

✅ Bitcoin appeared poised to make another run at $70,000, but a WSJ story about the criminal probe into the stablecoin issuer Tether sent prices tumbling down to $65,800 at one point 📉

Daily Digest:

🔸 Tether CEO Paolo Ardoino denies WSJ's report that the firm is under investigation by the US government

🔸 Ripple Labs has filed a cross-appeal in the U.S. Court of Appeals for the Second Circuit ✍️

🔸 City of Lugano, Switzerland unveiled a new statue honoring Satoshi Nakamoto, creator of Bitcoin

🔸 Microsoft will be voting on whether to use a strategy to buy Bitcoin into its treasury as a diversification investment

🔸 Binance launched the MOODENG/USDT Futures Perpetual Contract. Meme coin pumped by more than 122%

🔸 Solo Bitcoin miner hit the jackpot and took home ‎3.329 Bitcoin or $222,000 ⛏

🔸 Uniswap announced the launch of permissionless cross-chain bridging

🔹 Prices:

🥇 Bitcoin - $67,125 (↓1.7%)
✨ Ethereum - $2,487 (↓2.0%)
🧪 S&P 500 - 5,808 (↓0.03%)
🕗 DXY - 104.32 (↑0.25%)
🌉 Gold - 2,747 (↑0.43%)

POV: futures traders are trying not to get liquidated in the current market conditions 😂

Donald Trump recorded a podcast with Joe Rogan in which he mentioned that he is serious about abolishing the federal income tax. If he manages to do this, it will be a huge deal 😮

Scroll ecosystem stablecoin project Essence Finance is suspected of rug pulling. Stablecoin CHI has dropped more than 98% to $0.013, and more than $20 million in collateral is suspected to have been removed 🌡

U.S. Representative French Hill said in an interview with the podcast that the SEC should have new leadership next year, regardless of which party controls the White House 🙄

The Microsoft board recommends shareholders vote against this proposal to assess Bitcoin as a diversification investment for the company 🤡

🔹 Last 24 hours top 3 gainers:

Goatseus Maximus - $0.804 (↑26.81%)
Raydium - $3.02 (↑3.39%)
WhiteBIT Coin - $18.65 (↑0.21%)

#GM