⚡ Bitcoin forecast to hit $200K by end of 2025: Bernstein

Bernstein’s report is the latest in a series of bullish forecasts from institutional market researchers ahead of the November US presential election. Bernstein’s 160-page “Black Book” makes the case for why Bitcoin miners will continue to consolidate the industry, Matthew Sigel, VanEck’s head of digital asset research, said in an Oct. 23 post on the X platform.

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🔓 Cardano: more than $1.3 trillion in Bitcoin liquidity will be unlocked through a new integration with BitcoinOS

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🎲 "Ethereum nodes will become more accessible for solo stakers" — Vitalik Buterin

✅ Ethereum's upcoming "The Verge" upgrade aims to reduce node hardware requirements.
✅ Stateless verification will allow smaller devices to run Ethereum nodes.
✅ The upgrade also proposes changes to the network's gas system.

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⚡ The US government's wallet reactivated after 8 months of inactivity

A total of $20 million in various cryptocurrencies were withdrawn from a long inactive wallet identified as a US government wallet.

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🐶 UPD: The address linked to the US Government appears to have been compromised for $20 million.

UPD 2: The USA has recovered the stolen cryptocurrency.

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🪙 Microsoft: to invest or not to invest? That is the question

On December 10, 2024, Microsoft plans to let shareholders vote on whether or not to invest in the Bitcoin, with the board recommending against the motion.

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🚀 169,358,650% profit in 14 years

The wallet of one of the early Bitcoin investors came back to life after 14 years. Back then, his 50 BTC were worth about $2, and now they are valued at $3,387,175!

Such cases have become increasingly common in recent years.

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⚡ WSJ Report Claims Tether Faces US Federal Inquiry on Alleged AML Charges

"As we told [the] WSJ there is no indication that Tether is under investigation. WSJ is regurgitating old noise. Full stop"

— Refuted the information Tether’s CEO Paolo Antonio.

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🌉BTC: Preparations for the rally are in full progress!

Bitcoin has experienced its largest single-day exchange outflow since mid-September, while open Interest has surged to $20.3 billion (>15,000 BTC), reflecting heightened speculative activity.

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✅FTX and Bybit Reach Settlement Agreement

On November 20, 2024, a court hearing is scheduled regarding the settlement exceeding $225 million between the bankruptcy-ongoing exchange FTX and the exchange Bybit.

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🤚 Russia enacts control measure on Bitcoin mining operations

Starting November 1, the new Russian law allows the government to ban digital currency mining in specific regions and regulate mining infrastructure operators. It also expands access to digital currency identifier addresses to all federal executive bodies, beyond just the Federal Financial Monitoring Service.

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❗️ "Tether may be under significant pressure", — says Ripple CEO

Ripple CEO Brad Garlinghouse recently warned of a potential "Black Swan event"* due to the increasing pressure on the company Tether, that could destabilize the stablecoin market.

*Black Swan event is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight.

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⚡ Tether CEO breaks down USDT reserves

Paolo Ardoino provides a breakdown of USDT reserves at Lugano’s PlanB amid U.S. investigation allegations.

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💎 Vitalik Buterin explained why he is selling his ETH

Main reasons: to fund developers and researchers, support zero-knowledge technology and account abstraction, and also to promote Ethereum globally.

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✅ Hong Kong to offer tax breaks and more licenses for crypto

HK plans to offer tax concessions for crypto investments and approve more licenses for trading platforms to boost market development, as announced by officials during HK Fintech Week.

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⭐️ Trump’s project WLF plans to create stablecoin

WLF’s stablecoin is in development, focusing on safety and other concerns before market launch, while also working on major project elements, waiting for the right moment to release.

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⚡ Bitcoin hits $70,000

UPD: $71,000

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⭐️ FV Bank x Visa to launch crypto debit

The collaboration enables FV Bank customers to use digital USD and other assets globally, with cards supporting cash withdrawals and crypto conversions like BTC & ETH and others.

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💥 Salvadoran Bitcoin Visa Program has completely failed

A public records inquiry revealed that no passports were issued under El Salvador’s "Adopting Bitcoin" program, contradicting social media reports and claims of high demand and processing of 110 visas.

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🔒 Another dormant whale awakens after 12 years

After BTC surpassed $71,000, a whale holding 749 BTC reemerged, transferring 159 after a 12-year dormancy. In 2012, the whale amassed 749 BTC at just $11 each.

Recently, the trend of awakening old BTC wallets has been increasing.

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🔝 Bitcoin today: ETFs record and almost ATH

● Investors poured a record $870 million into US Bitcoin ETFs on Tuesday

● Bitcoin hitting $73,563.63, nearing its record high of $73,797.98 in March.

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