What's HOT in the Crypto market on 31/10/2024?
Today (31/10), the Crypto market shows signs of slowing down in growth as BTC (Bitcoin) still struggles to break through the ATH of $73,800.
As of the time of writing, the price of BTC is currently trading around $72,200 - slightly down 0.3% over the past 24 hours.
On the top gainers list on Binance, some notable low-cap coins include TROY (up 23%), KP3R (up 22%), CTK (up 10%), … Conversely, the TIA token dropped nearly 10% in the past day after an unlock worth over $1 billion on 30/10.
Notable events:
$BNB BTC - The Spot BTC ETFs in the United States recorded a positive capital flow of $893 million during trading on 30/10 - the highest figure in nearly 5 months. A “huge” buying force poured into BlackRock's IBIT fund with $871.7 million (the highest historical figure), while other funds showed signs of cooling down.
$ETH - The Spot ETH ETFs in the United States ended trading on 30/10 with a positive capital flow of $4.4 million, with trading volume continuing to maintain below $200 million.
Important information about other coins:
$BTC - Michael Saylor's MicroStrategy announced a goal to raise $42 billion in the next 3 years to accumulate more BTC. The company plans to raise an additional $21 billion through stock and $21 billion through bonds.
$DYDX - Following the move to cut 20% of staff at Consensys (the parent company of MetaMask), dYdX has also laid off up to 35% of its staff due to changing market conditions.
$BNB - The net worth of former Binance CEO CZ has reached $18.5 billion - ranking 16th on the list of the richest people in China. CZ's wealth has recorded the second-fastest increase this year, despite spending most of 2024 in prison.
$OP - BOB (Build On Bitcoin) becomes the first Bitcoin Layer 2 solution to join Optimism's Superchain ecosystem. Under the agreement, BOB will receive a grant of $870,000 from the Optimism Foundation.
$LINK - Chainlink introduced an important upgrade for the platform, bringing a new Modular architecture to make it easier for developers and businesses to use.
Eugene Ng (manager of DWF Labs and founder of Open Eden) has been suspended by both companies following allegations of 'spiking' the drink of a female partner.
Microsoft shareholders have started voting on whether the company should invest in Bitcoin, much earlier than the previously announced timeframe of December.
The blockchain security project named Nillion has just raised $25 million from Hack VC and Arthur Hayes.
The AI startup named Sapien announced it raised $10.5 million from Animoca Brands.
