Trump congratulates the 16th anniversary of the Bitcoin white paper. If Bitcoin falls below $70,000, the long position liquidation intensity on mainstream CEX will reach $1.97 billion. CoinShares states that the Bitcoin mining cost has reached a record high of $49,500. Analysts predict that the minimum retracement point for Ethereum is $2,500. ARK funds heavily invest in Coinbase and Block. Since Gary Gensler took office as SEC Chairman, enforcement spending in the crypto industry has exceeded $400 million. Zhao Changpeng believes that 2024 could be a "year of recovery." Standard Chartered analysts say that a Trump victory will boost Bitcoin to $125,000 by the end of the year. BlackRock's CEO states that inflationary pressures will drive up the prices of assets like Bitcoin. The South Korean market recently has Bitcoin at a 1% discount. Nebulas Exchange has applied to the Hong Kong Securities and Futures Commission for a virtual asset trading platform license. Florida holds $800 million in crypto investments. The Italian Minister of Finance states that the risks of digital assets are extremely high, and a 42% capital gains tax on crypto is necessary
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Trump: Happy 16th anniversary of the Bitcoin white paper.
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If Bitcoin falls below $70,000, the cumulative long position liquidation intensity on mainstream CEX will reach $1.97 billion.
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CoinShares: The cost of Bitcoin mining has reached $49,500, a record high.
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Analyst: The "minimum pullback point" for Ethereum before reaching a historical high may be $2,500.
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Cathie Wood's ARK funds heavily invested in Coinbase and Block in the third quarter.
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Since Gary Gensler took office as the Chairman of the U.S. SEC, the crypto industry has spent over $400 million on enforcement.
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Zhao Changpeng: 2024 may be a "year of recovery," and historically, the year following a "year of recovery" has been a bull market.
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Standard Chartered analyst: Trump's victory will boost Bitcoin to reach $125,000 by the end of the year.
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BlackRock CEO: Inflationary pressures will continue to drive up the prices of assets like Bitcoin.
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The South Korean market saw Bitcoin trading at a 1% discount recently, marking the second discount since September.
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Nebulas Exchange submitted an application for a virtual asset trading platform license to the Hong Kong Securities and Futures Commission on October 25.
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Florida CFO: The state holds $800 million in crypto investments.
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Italian Minister of Finance: Digital assets carry "extremely high risks," and a 42% capital gains tax on crypto is necessary