👉Bitcoin Dominance - 58.60%
👉Fear and greed index - 75 (greed)
✔️🗣Elon Musk's fortune increased by more than $20 billion (+7.5%) after Trump's victory.
✔️🟠The capitalization of Coinbase's wrapped bitcoin — cbBTC - reached $1 billion, just 9 weeks after launch.
✔️🟠Bitcoin and gold should benefit from the second presidency of Donald Trump — JPMorgan.
✔️🟠CZ has received an offer to sell Binance shares:
He has not sold them yet and is ready to consider any options.
He does not run the exchange, but very rarely does the management ask for his advice.
✔️SUNDOG has become a new project on the recently launched Trust Wallet launchpool.
✔️💎 Polygon and PayPal-backed company Magic Link will launch a new Newton cross-chain network to make using the dApps cross-chain as easy as "surfing the internet".
✔️🔻⚪️💲TRON DAO has announced the launch of the TRON-Peg USD coin, which will allow USDC transfers between the Ethereum and TRON blockchains
✌️CZ on stage in Dubai
The former CEO of Binance— Changpeng Zhao (CZ), as promised, spoke at a conference in Dubai.
Thesis:
- He is optimistic about 2025 for the crypto market, but he does not plan to return to the post of CEO of Binance.
- The crypt is gaining popularity among politicians.
- CZ is ready to support projects without taking on leadership roles.
- 😄The guards at the prison asked him what coins were worth buying.
🗨️BlackRock's bitcoin ETF received more than $300 million by the end of October 23:
Despite the drawdown of the bitcoin exchange rate below $66 thousand during the American trading session, the capital inflow to the largest of the IBIT exchange-traded bitcoin funds from BlackRock amounted to $317 million. In contrast, in other funds of the American bitcoin ETF group at this time, there was mainly an outflow of investor capital.
🗨️Spot ETFs imply the actual purchase of cryptocurrency to secure the fund's shares or its sale upon their repayment. Funds from BlackRock, Fidelity and other companies manage $64 billion worth of bitcoins. — about 5% of existing coins.
🗨️The bitcoin exchange rate reached a weekly low by the end of the day on October 23, but then partially recovered, consolidating above $67 thousand.
🗨️According to Coinglass estimates, over the past day, the total volume of forcibly closed positions on large crypto exchanges exceeded $260 million, of which more than $180 million was liquidated in bitcoin longs.
💰 The head of the SEC: Strict control of the crypt without exceptions:
Gary Gensler said that the SEC will not develop separate rules for cryptocurrencies. The regulation will remain the same and strict.
The digital asset industry carries significant risks.
Crypto companies that do not want to register with the SEC will be regulated forcibly.
Gensler declined to comment on Trump's possible dismissal if he becomes president.
The number of initial applications for US unemployment benefits is 227 thousand (expected 231 thousand; previously 231 thousand)
An important indicator for the market, the dynamics, although not significantly, is positive.
We are waiting for Friday, more important data on the US labor market should be released.