1. It is worth saving and saving in any case. There should be a financial safety cushion.
2. Buy things that are a must and that you can hardly do without. If you were planning to update your furniture or make similar expenses, it is better to do it now. Because prices will rise.
đ Bitcoin open interest has reached a record $32.9 billion, demonstrating investor confidence in Bitcoin's continued growth.
â This is also indicated by the significant volume of bitcoin withdrawn from exchanges, which on October 22, according to CryptoQuant, amounted to more than 15,000 BTC.
â Despite this, long liquidations amounted to $50 million on October 26 as Bitcoin traded below $67,000, which is about 10% below its all-time high of $73,800.
âĄď¸ The Purge: Vitalik Buterin Reveals the Future of the Ethereum Protocol
Ethereum co-founder introduced "The Purge" as a major step in the network's evolution, aimed at optimizing the protocol by removing historical data and reducing difficulty.
đ This update will allow validators to work more efficiently by reducing storage requirements and speeding up transaction processing.
đ Emory University Becomes First University to Invest in Bitcoin ETF
The 188-year-old university became the first university to invest in a spot Bitcoin ETF, purchasing more than $15 million in assets through the Grayscale Bitcoin Mini Trust.
đŞ While Emory was the first to announce its ETF ownership, other universities such as Harvard and Yale have been investing in Bitcoin directly through crypto exchanges including Coinbase since 2019.
đ¨đł Chinese companies suspected of laundering income through cryptocurrency
A US Justice Department investigation has found that eight Chinese companies used cryptocurrency channels to launder significant amounts of illicit funds.
đ Companies transferred large volumes of cryptocurrency through complex transaction chains aimed at concealing the sources of the funds.
â ď¸ Fake Curve Finance App Climbs Apple Store Charts
A fake Curve Finance app has appeared in app stores and has tricked several users into mistaking it for the official app of the decentralized exchange.
đ This scam app quickly rose through the ranks by exploiting the trust placed in Curve Finance and collecting sensitive user data, in some cases resulting in the theft of funds.
đľ Tether Denies Rumors It's Under Investigation
âźď¸ Tether's massive expansion has drawn the attention of US law enforcement to the stablecoin issuer.
â Among the organizations mentioning Tether in their investigations are the US Treasury Department, the Manhattan District Attorney's Office, and others.
Their concerns allegedly extend to North Korea's nuclear program, Mexican drug cartels, the illegal import of synthetic drugs from China, arms supplies to Russia, and others.
â Almost a month after the listing, the price of the Hamster Kombat token (HMSTR) dropped to a new low of $0.003, and the capitalization fell from more than $600 million to $212 million.
â The number of subscribers to the official Telegram channel dropped from 60.7 million to 55 million, which means a loss of more than 200,000 people per day.
âď¸ El Salvador Donates Two Bitcoins to Honduras
El Salvador President Nayib Bukele has donated 2 Bitcoin ($133,000) to Japanese philanthropist Shin Fujiyama to help raise funds to build 1,000 schools in Honduras.
The donation is part of efforts to improve education in the region.
đŞ CryptoQuant: Bitcoin Could Become a Global Currency by 2030
CryptoQuant CEO Ki Young Ju has suggested that Bitcoin could realize its potential as a global currency by 2030.
đ In his analysis, he noted the rapid development of the Bitcoin ecosystem, especially in the area of ââmining and institutional participation.
Ki Young Ju believes that by 2030, Bitcoin may reduce its volatility and begin to be used as a full-fledged currency, and not just a speculative asset.