🗞 November 2, 2024 cryptocurrency news highlights

【Cryptocurrency】
Starting today, Argentina’s Central Bank (BCRA) will host a unique art exhibit, becoming the first financial institution to display live Bitcoin mining ⛏

Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm ⚡️

Convenience store chain Sheetz now accepts crypto payments at all its locations — over 750 stores across multiple U.S. states — allowing customers to pay with cryptocurrencies and earn rewards 🪙

【Economy】
Capital Gains Tax on Selling Bitcoin (Country-Wise) 💰

Metaplanet ranks as Japan’s second top stock with 740% YTD growth, boosted by adopting Bitcoin as a reserve asset amid economic pressures 🇯🇵

3 Central Banks Forge New Path in Cross-Border Digital Asset Innovation. New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure. 🤝

【Indicators】
MicroStrategy plans to raise $42 billion over three years to expand its Bitcoin holdings, aiming to acquire 2.7% of the total supply 🪙

【More】
Bitcoiners are entering U.S. presidential politics for the first time, with Trump’s support making Bitcoin a 2024 election issue 🗽

As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences 💰

The CEO of Paxos has issued an urgent letter to both Trump and Harris, urging them to pursue immediate crypto reforms to preserve U.S. financial leadership 📨

The U.S. government is seeking the return of $13.25m in political donations made by former FTX executives Sam Bankman-Fried and Nishad Singh, mostly directed to Democrat-aligned groups

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Bitfarms CEO: Trump says it is impossible to make all remaining Bitcoins "MADE IN THE USA" 🧐

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Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase 📈

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U.S. Treasury yield curve is undergoing a notable bear steepening, a trend signaling rising economic jitters as the 2024 election nears, with the FOMC meeting close behind 🐻

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Ethereum researchers drop EigenLayer advisor positions, citing neutrality complaints 👋

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Tradfi podcasts are starting to pick up on MicroStrategy 🤌

“It’s kind of scary because what if Michael Saylor becomes one of the top ten richest people in the world?”

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Robert Breedlove and Bram Kanstein explain why 1 Bitcoin = 1 Bitcoin 💪

“All the energy stored in Bitcoin right now will never be diluted, it can actually only become more once more people adopt Bitcoin.”

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ETH/BTC sets a new 3.5-year low 📉

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🚀 How the money-printing super cycle could send 💰 Bitcoin to $3 Million with Mark Moss

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HISTORY: 🟠 The email that started a revolution.

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NEW: 🇺🇸 Strive Asset Management, co-founded by Vivek Ramaswamy, announces it’s embracing Bitcoin in Texas 🙌🙌

Managing $1.7B, Strive reports a core part of its business moving forward will be “integrating Bitcoin into standard portfolios of everyday Americans.”

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In the past hour, the entire network has liquidated 23.215 million US dollars, mainly long orders🤔

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Coinbase CEO: Will Still Hold Most of the Company's Stock and Plan to Operate Coinbase for a Long Time

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If Bitcoin falls below $67,000, the cumulative long order liquidation intensity of mainstream CEX will reach 582 million

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The total market value of stablecoins increased by 0.38% in the past week, approaching the highest level since May 2022

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Coinbase chief legal officer accuses U.S. FDIC of taking covert actions to suppress crypto industry

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Bloomberg analyst says spot Bitcoin ETFs have had "extreme" inflows the last 13 days 👀

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🗞 November 3, 2024 cryptocurrency news highlights

【Cryptocurrency】
If Bitcoin falls below $67,000, the cumulative long order liquidation intensity of mainstream CEX will reach 582 million

Coinbase chief legal officer accuses U.S. FDIC of taking covert actions to suppress crypto industry

【Economy】
Coinbase CEO: Will Still Hold Most of the Company's Stock and Plan to Operate Coinbase for a Long Time

【Indicators】
Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase 📈

【More】
Tradfi podcasts are starting to pick up on MicroStrategy 🤌

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Analyst: Cryptocurrency Safe Haven Sentiment Evident, Currently 💰 Bitcoin Short-Term Term IV at Elevated Level

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