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Bitcoinmagazine

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No, Today Is Not Bitcoin’s Birthday

  • Bitcoin's birthday is January 3rd, not October 31st.
  • Bitcoin's blockchain launched on January 3rd, 2009.
  • Satoshi Nakamoto received 50 newly generated coins on the launch day.
  • Bitcoin was first proposed through Satoshi's white paper on October 31, 2008.

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Altcoinbuzz

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Canary Capital Aims for Solana ETF with SEC Filing

  • Canary Capital has filed an S-1 registration with the U.S. SEC for a Solana-focused ETF.
  • If approved, the ETF would allow investors to track the price of SOL without owning the tokens directly.
  • Canary Capital has also filed for Litecoin and XRP ETFs.
  • Investors will have to wait for the SEC's decision on both Canary Capital's and VanEck's applications.

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99Bitcoins

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Reddit Offloads Majority Of Bitcoin And Ethereum Holdings In Q3, Missing October’s Price Surge

  • Reddit has sold off the majority of its Bitcoin and Ethereum holdings in Q3, missing out on October's price surge.
  • The social media platform had been investing in Bitcoin and Ether since 2022 but decided to reduce its cryptocurrency assets.
  • Reddit's updated investment policy now requires board approval for future crypto purchases, limiting acquisitions to Bitcoin, Ethereum, or other non-security assets.
  • The move coincides with a reported decline in advertising revenue across sectors like technology and cryptocurrency.

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Blockonomi

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MicroStrategy Announces Three-Year $42B Bitcoin Purchase Plan

  • MicroStrategy announces “21/21 Plan” to raise $42 billion for Bitcoin purchases
  • Plan includes $21B in equity and $21B in debt over 3 years
  • MicroStrategy currently holds 252,220 bitcoins worth $18B at $72,000 per bitcoin
  • MicroStrategy increases “BTC Yield” target range to 6%-10% from 4%-8%

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Altcoinbuzz

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Vitalik Buterin on The Splurge: Exploring Ethereum’s Future

  • The Splurge is the sixth step in Ethereum's roadmap, focusing on upgrades that don't fit into the previous five steps.
  • The goals of The Splurge include reaching a stable 'endgame state' for EVM, offering more secure and convenient accounts with account abstraction, enhancing transaction fee economics and scalability, and researching advanced cryptography.
  • The Splurge roadmap includes EVM improvements, account abstraction, EIP-1559 improvements, verifiable delay functions (VDFs), and the future of cryptography.
  • The Future of Ethereum follows a six-step roadmap, and The Splurge is the last step in this roadmap.

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Crypto-News-Flash

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MicroStrategy to Raise $42 Billion for Bitcoin – Is $100K BTC on the Horizon?

  • MicroStrategy plans to raise $42 billion to purchase more Bitcoin as a treasury reserve asset.
  • The company aims to raise $21 billion from equity and $21 billion from fixed-income security.
  • MicroStrategy recorded a transformational quarter, raising $2.1 billion in equity and debt and increasing its Bitcoin holdings by 11%.
  • MicroStrategy currently holds 252,220 Bitcoins valued at $6.851 billion and aims for an annual Bitcoin yield of 6% to 10% between 2025 and 2027.

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Altcoinbuzz

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Market Report – Is a Recession Coming?

  • JP Morgan, S&P Global Ratings, and Goldman Sachs predict the possibility of a recession, with varying probabilities.
  • Though the recession is likely to happen in 2025, global economic activity is currently on an upward trajectory.
  • There have been instances of market crashes during previous recessions, impacting Bitcoin's performance.
  • Considering the volatility of crypto, it is advisable to decrease exposure if overexposed or uncertain.

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Altcoinbuzz

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Visa Partners with Coinbase for Real-Time Cash Outs

  • Visa has partnered with Coinbase to enable real-time cash outs and funding.
  • Customers in the U.S. and Europe can now transfer funds instantly to their Coinbase accounts using Visa debit cards.
  • Visa Direct, a service that allows quick and secure money transfers, is being utilized for real-time funding.
  • This partnership aims to bridge the gap between traditional finance and crypto, making it easier for more people to enter the world of cryptocurrencies.

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Bitcoinist

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Major MVRV Bitcoin Buy Signal Prints But Breaking $86,000 Is Crucial

  • Bitcoin buyers aim to confirm the recent rally and close above $74,000, marking new highs.
  • The market value to realized value (MVRV) ratio has exceeded the 365-day moving average, a positive indicator.
  • Breaking $86,200 will determine the fate of bulls, with potential for prices to reach $100,000.
  • Inflows from institutions and retail investors will impact the pace of Bitcoin's growth towards $100,000.

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Bitcoinist

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Coinbase CEO Blasts SEC For Senseless Legal Tactics, Demands Apology

  • Coinbase CEO Brian Armstrong criticizes the SEC for its confusing and inconsistent stance on cryptocurrency.
  • Armstrong highlights the issue of regulatory uncertainty, which hampers innovation and investor trust in the crypto sector.
  • He calls for the withdrawal of frivolous cases against crypto entities and demands an apology from the next SEC chair to restore trust.
  • Coinbase is actively opposing SEC enforcement actions, arguing that unclear regulations have hindered the progress of cryptocurrencies.

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NullTX

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Bitcoin Surges Past $73K As Bull Market Gains Momentum

  • Bitcoin surges past $73,000, rising over 8%.
  • Factors contributing to the rally include strong inflows into spot ETFs, monetary easing, and optimism for crypto-friendly policies.
  • Bitcoin demand returns to levels last seen in February, signaling renewed momentum.
  • Bitcoin's spot ETF market hits historical milestone with net asset value exceeding 5% of total market cap.

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Bitcoinik

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MicroStrategy Announces Plan to Raise $42 Billion to Buy More Bitcoin in the Future

  • MicroStrategy, a business intelligence firm, plans to raise $42 billion in capital over the next three years.
  • The company aims to divide this evenly between equity and fixed-income securities.
  • The raised capital will be used to purchase more Bitcoin as a treasury reserve asset.
  • MicroStrategy has been consistently increasing its Bitcoin holdings as a hedge against inflation.

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Cryptonews

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On the Radar – Coins to Watch: DOGE and PYTH

  • Bitcoin continues to press higher towards a new all-time high, trading up 14% for the month.
  • MicroStrategy announces a $42 billion USD capital plan for the next three years focusing on its Bitcoin strategy.
  • Bank of Japan to announce interest rate update; volatility expected.
  • Dogecoin (DOGE) rallies 50% in October, while Pyth Network (PYTH) shows signs of positive market structure.

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Tokenhell

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Harris Campaign Accused of Coordinated Efforts to Sway Public on X Platform

  • Elon Musk is investigating allegations of coordinated online strategies by Vice President Kamala Harris's presidential campaign on X.
  • The Harris campaign is accused of using Discord to coordinate volunteers to suppress criticism and manipulate X's Community Notes feature.
  • Volunteers are allegedly downvoting Community Notes that contradict or criticize Harris's posts and using unrelated hashtags to boost engagement.
  • Philadelphia DA has filed a lawsuit against Elon Musk's PAC, alleging improper electoral influence through a voter sweepstakes.

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Cryptonews

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Ethereum Sci-Fi Game Serves as Blueprint for Roland Emmerich’s ‘Space Nation’ TV Show

  • A TV series based on the Ethereum massively multiplayer online game, Space Nation Online, is in development, with Roland Emmerich on board to executive produce.
  • The series will be set before the events of the game and will follow the story of a girl trying to fight off an invading alien force.
  • The series is in the early stages of development, with screenplays expected to be developed over the next year and production set to start in late 2025.
  • The planned air date for the TV show is sometime in 2027.

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