1. Bitcoin mining difficulty breaks 100T, setting a new historical high. 2. Bernstein: If Harris wins, BTC may briefly decline to 50,000

JIN10
2024.11.05 02:46
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Bitcoin mining difficulty breaks 100T, reaching a historic high. Bernstein predicts that if Harris wins, BTC may briefly decline to $50,000. In October, cryptocurrency market indicators generally rose, with on-chain transaction volume increasing by 28.1%. The Michigan pension fund has invested in Ethereum ETFs for the first time, and UK pension funds have allocated 3% of their assets to Bitcoin. Marathon and Riot miners have set new monthly production records. Analysts believe that regardless of the election outcome, Bitcoin may rise. QCP Capital holds a cautious attitude towards the cryptocurrency market

  1. Bitcoin mining difficulty breaks 100T, setting a new historical high.

  2. Bernstein: If Harris wins, BTC may briefly decline to $50,000 before rising again.

  3. a16z donates over $23 million to political activities in the U.S. crypto industry.

  4. Data: Most indicators in the crypto market increased in October, with total on-chain transaction volume growing by 28.1%.

  5. Michigan pension holds $10 million in Ethereum ETF, becoming the first state pension to invest in ETH ETF.

  6. A UK pension fund has officially allocated 3% of its assets to Bitcoin.

  7. Bitcoin miners Marathon and Riot achieve their highest monthly output since the halving.

  8. Deutsche Telekom collaborates with Metzler Bank to pilot Bitcoin mining infrastructure using surplus energy.

  9. Analysis: History shows that regardless of who wins, Bitcoin may rise after the U.S. election.

  10. Zhao Changpeng comments on the "listing fee" controversy: focus should be on the project itself; Bitcoin has never paid any listing fees.

  11. QCP Capital: This week's U.S. election results will determine the direction of the crypto market, and we remain cautious.

  12. Matrixport: Selling Bitcoin volatility this week may be an attractive strategy

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