Crypto Daily Report October 29

1. Bitcoin broke through $70,000 this morning, and the market cap share of altcoins hit a new low since January 2021.

2. Arthur Hayes: China's economic stimulus measures may drive Bitcoin to surge, history may repeat the 5-fold market of 2015.

3. QCP: The correlation between Bitcoin and Trump's odds seems to be weakening; if it breaks $70,000, it could trigger new highs.

4. Vitalik discusses the future development of Ethereum's Splurge phase, with EVM upgrade as a core goal.

5. USDT has officially launched on the Aptos mainnet.

6. DWF Labs co-founder: The bull market cycle has started in October, focusing on 5 asset categories: meme, proper launch of meme platform chains, yield-bearing assets, artificial intelligence, and RWA.

7. CATIZEN: Staking CATI and gaming assets can earn 8.3 million ZRC rewards.

8. Microsoft’s major shareholders BlackRock and Vanguard will vote on the proposal of whether Microsoft should research buying BTC.

9. The ETH/BTC exchange rate briefly fell below 0.036 this morning, continuing to reach the lowest level since 2021.

10. Magic Eden: Does not encourage users to trade the test token TestME, as it has no intrinsic value.