In the past 10 days, whales have bought over 50,000 BTC — Santiment data.

CryptoQuant does not observe strong BTC inflows to exchanges, which are usually seen before a significant price drop.

Bitwise has filed an S-1 application for a spot XRP ETF

Franklin Templeton has added the Aptos blockchain to support its tokenized money market fund

The SEC is appealing the previous court ruling in the Ripple case, where the judge ordered the company to pay a civil penalty of $125 million, which is significantly less than the $2 billion requested by the SEC.

Ripple's CEO stated that they are ready to fight until the end.

Binance Labs invested in the ZKsync Sophon network

Paolo Ardoino stated that Tether is the best friend of the U.S. government.

Tether holds more U.S. Treasury securities than Germany, much more than any other competitor or any other financial institution in the world.

Cryptorank: top 15 blockchains by average daily transactions in Q3 2024

JPMorgan believes that globally, demand for BTC is growing due to four reasons:

▪️Increasing global tensions since 2022.
▪️Rising concerns about inflation.
▪️Budget deficits in developed countries.
▪️Sharp decline in trust in fiat currencies.

Developers have submitted a new proposal for improving Ethereum.

If approved, the new update EIP-7781 will reduce block times on the network by 33% and increase data capacity — overall throughput will increase by 50%.

FTX will fully repay $16 billion in debts to users — the court has approved the bankruptcy plan:

✏️ Payments under $50,000 — Q4 2024
✏️ Payments over $50,000 — Q1-Q2 2025.

Collectively, BTC ETFs have already accumulated over 925,000 BTC — Santiment data

Scroll (SCR) has become the latest project on Binance Launchpool.

Social interest in BTC has risen to its highest level since the launch of the ETF — Santiment data

Helium announced yesterday a partnership with American Bandwidth (Ameriband) to expand the Helium network by integrating Ameriband Data-Only hotspots across the U.S.

BBG reports on higher-than-expected inflation data in the U.S. for September.

Markets are actively pricing in a 0.25% rate cut at the next meeting, with no further expectations for a 0.5% cut.

Aethir launches a $100 million fund to accelerate AI and gaming innovations.

Analyst: Sometimes I create an asset class performance chart specifically to show how poorly bonds have performed over the last 5 years or any other random time frame, but instead, it accidentally highlights how much Bitcoin has outperformed everything else.

According to the roadmap, World Liberty Financial, a DeFi project created and supported by Trump's family and friends, plans to raise $300 million through a token sale next week. The project could receive an initial valuation of $1.5 billion.

This valuation means that Aave DAO's (#AAVE) stake in WLFI will be valued at $105 million.

Amid the rise in Bitcoin's price, there has been a renewed inflow of capital into U.S. Bitcoin-based exchange-traded funds (ETFs). As of the October 14 trading session, a group of spot ETFs received over $555 million from investors. This is the largest amount since the beginning of June.

Spot ETFs involve the actual purchase of cryptocurrency to back the fund's shares or its sale upon redemption. The launch of such ETFs in the U.S. made it possible to legally trade Bitcoin in the form of shares through regular brokerage accounts, which spurred a capital influx into the market and became one of the catalysts for Bitcoin's price growth in 2024.

Source: Coinglass.