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Altcoinbuzz

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Bolivia’s Banco Bisa Launches USDT Custody for Clients

  • Bolivia-based Banco Bisa has launched USDT custody for its clients.
  • Customers can buy, sell, and trade USDT through the bank, making Bolivia one of the first countries to embrace crypto.
  • Banco Bisa's USDT custody service offers extra security measures and complies with Bolivian laws.
  • Bolivia, which previously banned cryptocurrencies, changed its stance in 2024, allowing regulated financial institutions like Banco Bisa to facilitate crypto services.

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Tokenhell

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How to Trade Futures on BingX Exchange – A Comprehensive Guide

  • BingX, one of the leading exchanges by trading volume, offers futures trading.
  • To start trading futures on BingX, create an account and complete the KYC process.
  • Navigate around the BingX trading platform and activate your futures trading account.
  • You can trade on demo mode before using real money and transfer funds to your futures account.

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Bitcoinsensus

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US Department of Justice accused AurumXchange Operator of Laundering Money From Silk Road

  • The US Department of Justice has charged 53-year-old Maximiliano Pilipis with laundering 30 million dollars from the Silk Road darknet site.
  • He acted as an operator on the AurumXchange platform without a license.
  • He is also accused of failing to pay taxes in 2019 and 2020 and other charges.
  • He now faces up to 10 years in prison and a $250K fine.

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Cryptonews

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CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

  • Bitcoin surged above $71,000 as the crypto market pump sees $175m in shorts liquidated. BTC broke out of the key $70,000 resistance with nearly $48bn trading volume. Wild crypto market pump resulted in the liquidation of shorts worth $175mn. Dogecoin spiked 15% owing to Donald Trump’s popularity as ETH added 3.83%, closing above $2,600. Hong Kong firm Animoca took advantage of the renter’s market to expand its headquarter workspace to that of 10 tennis courts. As BIS mulls shutting mBridge, its innovation hub calls the project a public good. Stablecoin on DOGE denominated bets rose by 33% since Sunday, with DOGE bets spiking to $1.3bn.
  • Bitcoin saw massive gains in the past 24 hours, breaking out of a key $70,000 resistance.
  • Crypto market pump resulted in shorts worth $175mn being liquidated.
  • Dogecoin spiked 15% owing to popularity from Donald Trump’s supporters.
  • ETH closes above $2,600 and rallies 3.83%.
  • Hong Kong firm Animoca expands headquarters workspace while traditional finance firms cut back.
  • As BIS mulls shutting mBridge, its innovation hub calls project a public good.
  • Stablecoin denominated bets on DOGE rose by 33% as betting spiked to $1.3bn.
  • Bitcoin rallies above $71,000, with the U.S. listed spot ETF inflows breaking records.
  • Retail-focused Sazmining is starting an Arctic Circle Bitcoin mining operation in a Norwegian village using hydropower to heat the building.

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Crypto-News-Flash

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Crypto Inflows Surge to $901M Pre-Election: Bitcoin, Solana, Litecoin Take the Lead

  • Pre-election crypto inflows reach $901 million, driven by Bitcoin, Solana, and Litecoin.
  • Spot Bitcoin ETFs are closing in on holding 1 million BTC, equivalent to almost 5% of Bitcoin's total supply.
  • October's crypto inflows account for 12% of all assets under management, reaching $27 billion year-to-date.
  • Solana and Litecoin gain traction, while Ethereum faces outflows ahead of the U.S. elections.

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TheNewsCrypto

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Bhutan Sells $66 Million in Bitcoin to Binance Amid Market Rally

  • Bhutan sold 929 BTC to Binance for $66 million as Bitcoin surpassed $71,000.
  • The Royal Government of Bhutan recently transferred 929 BTC, valued at $66 million, to Binance.
  • Bhutan's crypto holdings position the nation among the world's largest government Bitcoin holders.
  • Analysts predict Bitcoin may reach $80,000 by November, driven by market trends.

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Bitcoinchaser

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Halloween Trick or Treat at CoinPoker: Win Up to 200x Your Buy-in!

  • Join the Halloween Trick or Treat event at CoinPoker for a chance to win up to 200 times your buy-in.
  • The event runs from October 30th to November 2nd, 2024.
  • Participate in daily tournaments to qualify for the Halloween All-In Giveaways on the last day.
  • The prize pool offers a guaranteed $10,000 with various ticket prizes for top players.

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Coinpedia

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Crypto Market Today (Oct 29th, 2024): Bitcoin New All-time Highs on Horizon?

  • The crypto market today has surged 3.74% with a market capitalization of $2.41 trillion.
  • Bitcoin price has surpassed $70,000 and is nearing its all-time high of $73,750.07.
  • Ethereum, Solana, and XRP have also experienced moderate gains.
  • Top gainers include Sui, Dogecoin, and Popcat, while Raydium, Kaspa, and Mantra are among the losers.

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Cryptonewsz

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Bhutan Moves $66.1M in Bitcoin to Binance, Retains Significant Holdings

  • The Royal Government of Bhutan has transferred 929 BTC, valued at $66.1 million, to Binance in two separate transactions.
  • Bhutan still holds 12,456 Bitcoin through its state investment arm, Druk Holding & Investments, making it the fifth-largest known nation-state bitcoin holder globally.
  • Bhutan has acquired bitcoin through eco-friendly mining operations, leveraging its abundant hydroelectric power resources.
  • In addition to bitcoin, Bhutan also holds 228.8 ETH ($600,000) in its portfolio.

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Crypto-News-Flash

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New Virtual Asset Index for Bitcoin and Ethereum Coming to Hong Kong

  • HKEX is launching a regulated virtual asset index for Bitcoin and Ethereum to provide a unified benchmark for Asia.
  • The Virtual Asset Index Series, managed by HKEX and UK data supplier CCData, aims to solve price differences across worldwide exchanges.
  • By following the Benchmark Regulation of the EU, Hong Kong aligns with global standards for digital assets.
  • Futu Securities, the first Hong Kong broker offering direct Bitcoin trading, provides incentives like shares and vouchers for new investors.

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Bitcoinist

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Bitcoin Taps $69,000 With ‘Bullish Setup’ As US Elections Near: New ATH Soon?

  • Bitcoin briefly traded above $69,000, nearing its all-time high of $73,737.
  • Experts predict a bullish setup for Bitcoin leading up to the US presidential election.
  • The increase in M2 money supply suggests a potential rally for Bitcoin.
  • Prediction markets favor Donald Trump to win the election.

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Zycrypto

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Bitcoin Tops $71,000 For First Time Since June As ETFs Eat Away At Supply Ahead Of US Elections

  • The price of Bitcoin surged past $71,000, reaching its highest level since June.
  • Bitcoin's rise is believed to be influenced by the upcoming US elections, seen as a bullish catalyst for the market.
  • Spot Bitcoin ETFs have experienced significant inflows, with approximately $4 billion pouring into these funds in the last two weeks.
  • Analysts project that Bitcoin could reclaim $73,000 highs on Election Day and potentially reach $80,000 if Donald Trump retakes the White House.

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Tokenhell

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Bitcoin Open Interest Reaches New Highs as Price Surges to $71,000

  • Bitcoin's open interest (OI) reaches new highs as the price surges to $71,000.
  • U.S. spot ETF inflows drive market momentum, contributing to Bitcoin's price surge.
  • CME open interest rises by 9% despite tempered funding rates.
  • Perpetual futures funding rates spike to 15%, indicating a bias toward long Bitcoin trades.

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Altcoinbuzz

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Cardano Shifts Focus to Enhance Bitcoin as a Layer 2

  • Cardano will pivot to become a Bitcoin Layer 2 solution.
  • Layer 2 refers to a system built on top of Layer 1 to improve speed and functionality.
  • Cardano aims to give Bitcoin smart contract capability, unlocking new possibilities.
  • Cardano will work alongside Bitcoin, creating UTXO-enabled interoperability.

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Blockonomi

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Analysis: Bitcoin (BTC) Platform Distribution Trends Show US Growth

  • Bitcoin platform distribution patterns are showing a notable shift as recent data indicates increased movement toward US-based exchanges and institutions.
  • The Bitcoin US to The Rest Reserve Ratio, which measures the relationship between American and global platform holdings, has begun trending upward after a period of decline.
  • The introduction of spot Bitcoin ETFs in the United States played a major role in previous metric movements, reflecting strong domestic interest in regulated Bitcoin investment products.
  • Current data shows that US-based platforms are once again accumulating Bitcoin reserves, potentially indicating renewed domestic interest in the cryptocurrency.

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