Bitcoin Online

Elon Musk reveals plans to turn X account into a "bank account"
Elon Musk's latest shares in the company-wide meeting on Thursday show that this billionaire's ambition for a social network has a great influence on the current Crypto market.

Right from the early days of acquiring social network X, Elon Musk expressed his ambition to turn X into a super application that surpasses existing social network functions. Also according to Theverge's report, these newly revealed payment features on X will be deployed by the end of 2024.

In the past year, X users in Vietnam have been very excited about the advertising revenue sharing program. More content is shared on X with the desire to make money from social network X. Most of the content on X in Vietnam focuses on the Crypto field.

If X becomes a "bank", who will benefit?

🚀 Exciting News! BlackRock has just launched a Bitcoin ETF in Australia! 🇦🇺

Key Points: • The largest asset management company in the world (13T$ AUM) brings Bitcoin to Australian investors • Continuing the success in the US - IBIT reached $98 billion in just 2 years! 📈 • Australia joins the Bitcoin ETF club along with the US, Switzerland & Germany • Institutions are investing HEAVILY - Harvard just poured over $100 million 💰

What This Means: ✅ Bitcoin is officially becoming the "boring" institutional money (in a positive way!) ✅ More legitimacy = more acceptance = price stabilization potential ✅ Asia-Pacific is heating up as the next crypto hub

BTC Price Volatility: Currently trading around $104K after some fluctuations between $103K-$107K. Support from institutions may provide stronger support levels! 📊

Conclusion: When BlackRock acts, the market listens. This is not just another ETF - it’s Bitcoin asserting its position as digital gold in global investment portfolios!

Bitcoin Online

Good 🎉🎉

Good ❤️❤️❤️

⚡️⚡️⚡️⚡️⚡️⚡️ 🔥🔥
Brief market news Saturday - October 28

+ BTC falls below $34K, US stocks are red, Gold surpasses $2000 mark as Israel lands in the Gaza Strip [CT]

+ The FED's favorite inflation measure decreased as expected, although still slow and far from target [CT]

+ Gemini sued, claiming ownership of $1.6 billion in GBTC shares that Genesis promised [CT]

+ Türkiye will have a crypto legal framework from 2024; Taiwan Announces First Crypto Regulatory Bill [CT]

+ Kraken will report data on transactions exceeding $20,000 to the US Tax Department [CT]

+ Animoca Brands has its own market maker (MM), competing with GSR, Wintermute,... [CT]

+ dYdX chain will distribute all network fees to validators & stakers [CT]

+ Neo develops EVM compatible sidechain, supporting dapps from Ethereum [CT]

+ Standard Chartered's Crypto Exchange, Zodia Markets expands services in Ireland [CT]

+ Moonveil game studio raised $5.4M seed round from Gumi Capital, Arcane,... [CT]

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Market brief news Friday - October 27

+ US GDP in Q3 increased the most in 2 years, not enough to shake expectations that the FED will stop raising interest rates in November; PCE inflation announced at 7:30 p.m. tonight [CT]

+ 2 US lawmakers ask the Department of Justice to criminally charge Binance & Tether for abetting terrorism [CT]

+ Solana launches Web3 start-up incubation program to stimulate ecosystem [CT]

+ Gala releases Legacy, a P2E city building game [CT]

+ Arbitrum deployed mainnet for 10 Layer 3 projects on Orbit tool [CT]

+ dYdX launches mainnet for V4 upgrade and dYdX Chain – Layer 1 on Cosmos [CT]

+ JPMorgan: Bitcoin's Recent Outperformance Comes from INSTITUTIONS Due to Surge in CME Futures [CT]

+ Circle joins hands with FamilyMart to launch a USDC point accumulation program in Taiwan [CT]

+ EDU unlocks $10M tokens tomorrow October 28, OP unlocks $34M tokens from October 30 [CT]

+ Fund management protocol Aera Finance raises $8M led by Bain Capital [CT]

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Pay attention to these Bitcoin ETF Spot timelines 🔥

Recently, $BTC has increased mainly because of Blackrock's Bitcoin ETF Spot news. Therefore, the deadlines for the SEC to approve these funds will have a certain impact on the market.

In the table above, you can see that most of the next deadlines are around January 2024. Therefore, around this time, the market and Bit instruments are expected to have major fluctuations.

Meanwhile, the SEC will make a decision on the three ETF funds of Global X, Hashdex and Franklin on November 17 and November 21 this year. However, it is expected that the SEC will also delay the deadline for these three funds.

TONIGHT'S NEWS THAT YOU SHOULD NOT MISS
BACK INTERACTIVELY FOR LIKES AND COMMENTS
Bitcoin liquidation totaled $310 million in the past two days. Be quick The recent surge in Bitcoin price has caused a significant volume of liquidations. On October 23, the liquidation amount dedicated to Bitcoin amounted to $160 million, contributing to $190 million in liquidations that day. This trend continued through October 24, with short liquidations totaling $70 million and long liquidations totaling $50 million.
Three stocks related to digital assets are soaring amid surging Bitcoin (BTC) and cryptocurrency markets. Coinbase (COIN), Microstrategy (MSTR) and Grayscale Bitcoin Trust (GBTC) shares all jumped after BTC surged more than 19% last week.
MINA welcomed “Uptober” when its price increased more than 88% after 1 week. Mina ($MINA ) is one of the tokens leading the altcoin market rally over the past few days after its price increased over 88% in the past week. The altcoin's success over the past few days has also placed it at number 21 on CoinMarketCap's trending list.
Mastercard explores partnership with MetaMask, Ledger crypto wallets: CoinDesk
The Securities and Exchange Commission (SEC) brought charges against BlackRock, the world's largest asset manager, on October 24. The charges revolved around misrepresentation of investments in entertainment industry.

LAST NEWS October 25, 2023.
Bitcoin Poised to Surge 74% to $59,200 in First Year of ETF Launch, Predicts Galaxy Digital (An American Cryptocurrency Investment Firm)
Crypto market sentiment at highest level since BTC's $69,000 all-time high
Galaxy Says Bitcoin Spot ETFs Could See $14.4 Billion Inflows in First Year
Maestro Telegram Bot Contract Exploited: 500,000 USD ETH Stolen
The total amount of bitcoin liquidations is 310 million USD in the past two days

What will the FED do with interest rates this year? 🤔

📍 The FED will probably keep the rate in November

On October 20, FED Chairman Jerome Powell gave a speech that helped BTC increase.

Specifically, he said that the current economy has continuously "flourished" and partly satisfied the two major goals set by the FED. At the same time, the FED will still be cautious about ls policy.

=> The FED will probably keep the rate at its meeting on the night of November 1.

📍 The FED's actions with LS in December will be quite unpredictable

The US economy is growing quite well, thanks to the steadfastness of American consumers. This causes the FED to have a headache about whether to tighten interest rates in the near future because inflation has not yet reached its target but the economy and employment data are quite good.

=> The FED's decision in December will be difficult to predict, you should carefully monitor upcoming macro indicators for forecasting.

If you compare the price of $BTC with ls (chart in the picture), you can see that although it was initially negative, recently the price of Bit has become more positive every time the FED increases ls.

The reason may be because the market expects that interest rates are about to peak and there won't be many more increases in interest rates.

This morning, BTC at one point surpassed the $35,000 mark, the high mark before the LUNA crash in May 2022. BTC.D exceeds 54.4% so altcoins are just starting to move, ETH touches $1,800. ETF prospects are still the main reason driving the market: BlackRock's iShares Bitcoin Trust has been listed on DTCC (Depository Trust & Clearing Corporation, the unit handling manages NASDAQ transactions). With the stock code $IBTC, this does not mean that the ETF has been approved by the SEC, but BlackRock's preparations show a very optimistic outlook. The rapid gallop wiped out $212M of the short team, the Long side lost $51M in 12 hours past. Too fast, too hard for the Short team

The New York Authority (NYAG) lawsuit against Gemini, Genesis &, DCG is a civil action. But the complaint accuses Barry Silbert and the executives of violating multiple criminal laws: - Directly directed the concealment of the giant vulnerability of the Genesis subsidiary - Defrauded more than 230,000 investors of more than 1 billion USDNYAG requests to take legal action against the entity in the lawsuit: - Ban DCG from operating securities and commodity trading activities in New York, meaning that DCG must eliminate its subsidiary Grayscale (Source main revenue of DCG) and DCG cannot raise capital from VCs - Compensate for damages, fines and give up all profits earned from financial fraud activities. The situation is not simple, Mr. Barry Silbert is about to I'm going to be called many names...

BTC Report today: 2023/10/24
Close Price: $33700.0
Price movement in the last 24 hours: +11.94%
Intraday price trend: Likely bullish trend (Bullish)

🌟Market Sentiment Index: 66 (Greed).
(Market Sentiment Index):

BTC Report today: 10/23/2023
There is a high probability of a downward direction.
Latest BTCUSDT price is $30,644.84 with 24-hour change of +2.33%
During the day: Possible downtrend: Both MACD and RSI show downtrend signals.
Market Sentiment Index: 53 (Greed).

Market overview on October 23

📌 24-hour price movements:
- BTC closed the weekly candle with a bullish green candle above $30k, the increasing force was quite strong, engulfing the previous candle.
- The daily frame is also supporting that BTC is in a short-term uptrend.
- The market's recovery led to many altcoins rebounding strongly, with the total capitalization returning to 1k2 billion USD.
- More than $197 million in stablecoins were withdrawn from exchanges in the past 24 hours.

📌 Strongest increase/decrease:
- $LINK (+18.7%)
- $AAVE (+15.4%)
-$APT (+12.1%)
…

📌 Outstanding cash flows on Binance:
- MEME: $FLOKI, $PEPE
- Layer 1: $APT, $MATIC, $FTM
…

📌 Catch up on last week's news: Binance delists 29 spot pairs, Coinbase delists 80 spot pairs, MoMo Wallet crashes...

Binance US officially stopped allowing USD withdrawals
Under continued regulatory pressure, Binance.US has officially suspended all US dollar (USD) withdrawals. The suspension of USD withdrawal services will take effect from this week.
These changes have been notified via email to users. There, they announced a new requirement for Binance.US customers to convert their dollars to “stablecoins or other digital assets,” and then be able to withdraw funds. Furthermore, the updated terms also note that US dollar deposits are no longer insured by the Federal Deposit Insurance Corporation (FDIC).
Binance will delist these 29 spot trading pairs
Specifically, the trading pairs that will be delisted include:
12:00 October 20, 2023 (VN time): ADX/BUSD, AMP/BUSD, AR/BUSD, BADGER/BUSD, BURGER/BUSD, CELR/BUSD, CHESS/BUSD, COTI/BUSD, DEXE/BUSD, ELF/BUSD , ENJ/EUR, EOS/BNB, HARD/BUSD, IDEX/BNB, ILV/BUSD14h October 20, 2023 (Vietnam time):
IOTA/BUSD, JOE/BUSD, KNC/BUSD, MBOX/BUSD, MINA/BUSD, MOVR/BUSD, QI/BUSD, QNT/BUSD, SNX/BUSD, SYS/BUSD, THETA/BNB, TKO/BUSD, VOXEL/ BUSD, ZEC/BUSD

Coinbase officially delisted the following 80 spot trading pairs
Details: Coinbase officially delisted the following 80 spot trading pairs
The detailed list of non-USD trading pairs whose support is temporarily suspended includes:
ACH-USDT, AGLD-USDT, ARPA-EUR, ARPA-USDT, AUCTION-EUR, AUCTION-USDT, BADGER-EUR, BADGER-USDT, BAND-BTC, BAND-EUR, BAND-GBP, BNT-BTC, BNT- EUR, BTRST-BTC, BTRST-EUR, BTRST-USDT, C98-USDT, CTSI-BTC, DESO-USDT, ELA-USDT, ERN-USDT, FORTH-BTC, FORTH-EUR, GAL-USDT, HFT-USDT, IDEX-USDT, IOTX-EUR, KNC-BTC, KSM-USDT, LCX-EUR, LCX-USDT, LQTY-EUR, LQTY-USDT, METIS-USDT, NKN-BTC, NKN-EUR, NKN-GBP, NMR- BTC, NMR-EUR, NMR-GBP, OGN-BTC, PERP-EUR, PERP-USDT, POND-USDT, POWR-EUR, POWR-USDT, RAD-BTC, RAD-EUR, RAD-GBP, RAD-USDT, REN-BTC, REQ-BTC, REQ-EUR, REQ-GBP, REQ-USDT, RLC-BTC, SKL-BTC, SKL-EUR, SKL-GBP, SPELL-USDT, STORJ-BTC, SUPER-USDT, SUSHI- BTC, SUSHI-ETH, SUSHI-EUR, SUSHI-GBP, TRAC-EUR, TRAC-USDT, TRU-BTC, TRU-EUR, TRU-USDT, UMA-BTC, UMA-EUR, UMA-GBP, XYO-EUR, XYO-USDT, ZEN-BTC, ZEN-USDT, ZRX-BTC, ZRX-EUR.

💡💡💡 CEOs are leaving at record speed

According to Gray & Christmas, from the beginning of the year to September, more than 1,400 CEOs have left their positions, an increase of nearly 50% over the same period in 2022 and a record high since 2002.

The government and nonprofit sector topped the list, with more than 350 people leaving their positions, an 85% increase over the same period last year. The technology sector ranked second, with more than 140 CEOs leaving their positions, an increase of 50%

Some reasons are given:

- Exhaustion: With sales pressure in a gloomy economic context, many CEOs choose to resign

- Economic Change: To cope with rising interest rates and labor costs, companies are looking for more resilient leaders

- Retirement: About 22% of CEOs leave because they reach retirement age
…

Do they know something that we don't? 🤔

Musk news!

Bitcoin price flourished after the FED chairman's speech
What did Fed Chairman Jerome Powell say yesterday:
Mr. Powell said that recent data has made continuous progress, toward both of the Fed's main goals.
Faced with existing fluctuations and risks, the FED Chairman emphasized that they will consider ls policy carefully.=> The FED may not raise interest rates at its next meeting at the end of this month.
However, in the long term, the FED Chairman still leaves the door open for interest rate increases
Mr. Powell said that inflation is still high and the possibility of "tightening is still possible". One day before the FED Chairman's speech, FED Governor Christopher Waller suggested the possibility of continuing to keep interest rates unchanged. in the next round. This combined with Mr. Powell's views may have caused $BTC to increase in price.

Market Brief Saturday - October 21+ US stocks are on fire as 10-year bond yields surpass the 5% mark for the first time in 16 years [CT]+ Prospects from ETF Bitcoin Spot push BTC prices past the mark at times $30,000 [CT]+ Binance will discontinue Visa debit cards in Europe from December 2023 [CT]+ Users withdrew more than $1 billion from Binance yesterday, still nothing for the end of 2022 [CT]+ Bybit will launch POL Launchpool from October 25, Polygon network token replaces MATIC [CT]+ Tether will announce real-time reserves in 2024, increasing transparency for USDT [CT]+ Google Cloud adds MultiversX blockchain (EGLD) into BigQuery - Data warehouse for developers building the [CT]+ Coins Exchange project. ph (Philippines) was attacked, lost more than $6M in XRP [CT]+ FBI charged 6 people for running an organization using darknet to illegally convert $30M in crypto [CT]+ Game Forge platform raised $11M seeds from Animoca, Hashkey,… [CT]

BTC Price Report : 2023/10/21 #Bitcoin
$29,516.53 +3.01% The latest closing price for BTCUSDT was $29,543, with a 24-hour change of +3.22%. The price trend today is likely to be down. This consensus is reflected in technical indicators such as RSI and KDJ, which suggest a bearish bias.
Market Sentiment Index: 63 (Greed).