🗞 October 20, 2024 cryptocurrency news highlights

【Cryptocurrency】
U.S. spot Bitcoin ETFs hit record highs after six consecutive days of net inflows 🔝

Bitcoin now has a $1 Trillion market cap lead over Ethereum, a new ATH for the spread 📈

21Shares Bitcoin ETP transferred 1,659 BTC yesterday, worth more than $114 million 💰

Bitcoin balance on exchanges hits a 5-year low! 💪

Tether’s USDT, the world’s largest stablecoin, surpassed the record $120bn market capitalization for the first time, signaling a potential crypto rally 👍

【Economy】
"If the US buys Bitcoin as a strategic reserve, then I think all the European countries will get FOMO" 👀

【Indicators】
Michael Saylor: “My view is Bitcoin is gonna appreciate 29% a year, ARR for the next 21 years.” 🔝

【More】
Musk: Randomly distribute $1 million to a Pennsylvania voter who signed the petition every day until election day 🇺🇸

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Bitwise CIO: Bitcoin may break $100,000 sooner than expected ⬆️

✅@Money ⭐️Boosts

Financial independence can make or break your life and both Bitcoin and USDT help people be financially independent 💰

✅@Money ⭐️Boosts

It took Gold ETFs 5 years to break $20b inflows.

Bitcoin did it in 10 months.

The most successful ETF launch in history!

✅@Money ⭐️Boosts

The total Bitcoin contract holdings on the entire network increased by 2.54% in the past 24 hours📈

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If Bitcoin breaks through $70,000, the cumulative short order liquidation intensity of mainstream CEX will reach 349 million🔼

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Billionaire Bill Miller: Financial advisors will recommend allocating 1%-3% of Bitcoin in investment portfolios over the next few years

✅@Money ⭐️Boosts

MEW becomes the third MEME coin to be traded with Korean won on Upbit, following DOGE and SHIB

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USDT and USDC now account for nearly 50% of transaction volume among major cryptocurrencies.

✅@Money ⭐️Boosts

Bernstein: Bitcoin ETF inflows and crypto stock market sentiment all show extremely high risk appetite

As Bitcoin once again attempted to break through the $70,000 resistance level and approach all-time highs, analysts at research and brokerage firm Bernstein said that Bitcoin ETF capital inflows, crypto stock markets, and retail trading sentiment All are "strongly showing risk appetite."

✅@Money ⭐️Boosts

BlackRock’s ETF chief, Samara Cohen, revealed that 75% of buyers for their Bitcoin ETFs are crypto enthusiasts new to Wall Street.

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🟠 Saylor dismisses concerns about government seizure of Bitcoin as merely a crypto-anarchist trope 🤔

✅@Money ⭐️Boosts

🗞 October 21, 2024 cryptocurrency news highlights

【Cryptocurrency】
🙌USDT and USDC now account for nearly 50% of transaction volume among major cryptocurrencies.

Bernstein: Bitcoin ETF inflows and crypto stock market sentiment all show extremely high risk appetite

【Economy】
It took Gold ETFs 5 years to break $20b inflows.🥇

【Indicators】
If Bitcoin breaks through $70,000, the cumulative short order liquidation intensity of mainstream CEX will reach 349 million🔼

🪙BlackRock’s ETF chief, Samara Cohen, revealed that 75% of buyers for their Bitcoin ETFs are crypto enthusiasts new to Wall Street.

【More】
Billionaire Bill Miller: Financial advisors will recommend allocating 1%-3% of Bitcoin in investment portfolios over the next few years💰

✅@Money ⭐️Boosts

💡 💬 Paradign co-founder: Stablecoin is the next killer application of cryptocurrency

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📁 Coinbase requires the U.S. IRS to provide more time in cryptocurrency cost base reporting

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On October 21, the net inflow of U.S. Bitcoin ETF was 4,330 BTC, and the net outflow of Ethereum ETF was 3,081 ETH 🪙

✅@Money ⭐️Boosts

Federal Reserve Kashkali: It is expected that there will be moderate interest rate cuts in the next few quarters 🔽

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Bitcoin futures open contracts (OI) traded on the Chicago Mercantile Exchange (CME) have reached a record high of more than $12.2.6 billion 💲

✅@Money ⭐️Boosts