Cryptocurrency payment service provider BitPay has announced in an article posted on X that it will facilitate the use of cryptocurrency for the movie. Fans can visit the AMC website or use the mobile app and choose BitPay at checkout. Taylor Swift fans can now purchase tickets for the movie "Taylor Swift: The Time Traveler" using various cryptocurrencies, including BTC, ETH, DOGE, and SHIB. The movie premiered in theaters worldwide today, with presales reaching $100 million.

According to Ultrasound data, as of now, the Ethereum network has destroyed a total of 3,636,068.58 ETH. Among them, OpenSea destroyed 230,050.69 ETH, ETHtransfers destroyed 304,628.56 ETH, and UniswapV2 destroyed 208,696.93 ETH. Note: After the Ethereum London upgrade introduced EIP-1559, the Ethereum network will dynamically adjust the BaseFee of each transaction based on transaction demand and block size, and this part of the fee will be directly burned and destroyed.

According to Perps Watcher data, Frog Nation's former CFO 0xsifu (sifu.eth) has gradually closed his previous ETH short positions and switched to long positions three days ago. 0xsifu has been buying ETH at an average price of $1,562.27 with 5.19x leverage on Kwenta for the past three days, with a position size of about $20.9 million. Currently, he has realized a profit of $470,000 and an unrealized loss of $123,000.

On October 14th, derivative software developer IPOR Labs launched version 2 of the IPOR protocol on the Ethereum mainnet, with new features including custom APR with zap, stETH pool, extended term structure, and upgraded spread model. As previously reported by Jinse Finance, IPOR Labs completed a $5.55 million financing round last April, led by Arrington Capital.

According to data from IntoTheBlock, the network fee income of the Ethereum blockchain has dropped to its lowest level since April 2020, a 90% decrease from its peak in May of this year.

Crypto analyst Jason Pizzino has issued a warning to altcoin investors, stating that the severity of a correction for altcoins will depend on how far Bitcoin dips. Pizzino predicts that if Bitcoin breaks down to $26,000 or even $24,900, it will have dire consequences on altcoins. However, if Bitcoin breaks the 50% level at $26,700, altcoins will continue to struggle and experience worse declines. Pizzino believes that a decline in altcoins will prompt traders to transfer some of their alt investments to BTC, which will help prop it up and lessen its downtrend.

According to Ultra Sound Money data, the amount of ETH staked has increased by 50% since its launch, growing from 18 million ETH to 27 million ETH within six months.

On October 13th, Fuel, the modular execution layer for Ethereum, announced the opening of the Beta-4 testnet and the native bridge between Ethereum and Sepolia. The Fuel native bridge enables asset transfers between L1 and L2 and utilizes message portals to process token standards such as ERC-20 and ERC-721. On L2, tokens have dedicated contracts for message processing and minting on Fuel. Any assets deposited into Fuel may take up to 6 hours to withdraw back to Ethereum. The Fuel native bridge is still in the testing phase.

As of October 13th, the data for the current cycle options showed that 24,000 BTC options are about to expire, with a put-to-call ratio of 1.23 and a maximum pain point of $27,000, with a nominal value of $640 million. 190,000 ETH options are about to expire, with a put-to-call ratio of 0.71, a maximum pain point of $1,600, and a nominal value of $290 million.

Scroll, a layer 2 scaling solution for Ethereum, has launched its main network. Scroll's ZK rollup, a layer-2 network built using zero-knowledge cryptography, is compatible with the Ethereum Virtual Machine computing environment, making it easy for developers to redeploy applications built for Ethereum onto the new "zkEVM" network. Scroll's launch adds to the competition among rival providers of zkEVMs, including Polygon and Matter Labs. As of Thursday, approximately $565,000 worth of ETH had been bridged to the network, according to a dashboard on Dune Analytics.

According to data on the blockchain, the once-crowded new validator queue on the Ethereum blockchain has almost completely cleared, with only 598 validators waiting to enter the network, down from a peak of over 96,000 in early June. This means that as of today, the expected wait time to add new validators to the Ethereum network has been reduced to less than five hours, a significant decrease compared to the peak of a 45-day wait period in early June. David Lawant, the head of research at institutional crypto exchange FalconX, said that since the Ethereum merger and Shapella upgrade, ETH staking growth has been "exceptionally strong," but the initial enthusiasm has started to cool off, and an empty activation queue means that ETH staking growth is slowing down.

According to a report from Chainalysis, between June 2022 and July 2023, Tether, Bitcoin, and Ethereum accounted for 83% of Brazil's cryptocurrency demand. During that period, Tether accounted for about 52% of the country's investor trading demand, Bitcoin accounted for 25%, Ethereum accounted for 6%, while other altcoins totaled just over 17%. Chainalysis categorizes Brazil as a "unique market in Latin America."

Mastercard has successfully completed a pilot project with the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre to test the use of central bank digital currencies (CBDCs) by authorized parties who have undergone know-your-customer protocols. The project also tested the ability of a holder to purchase an Ethereum-based NFT by locking the pilot CBDC and minting an equivalent amount of Ethereum-based wrapped coins. Mastercard's Australasia division president, Richard Wormald, said that the technology has the potential to drive more consumer choice and unlock new opportunities for collaboration between public and private networks in the digital currency space. The pilot was conducted in partnership with Australian financial services firm Cuscal and blockchain tech firm Mintable, and is part of Mastercard's ongoing CBDC ambitions, which include operating as a private-sector partner for CBDCs and forming a CBDC program with Ripple and Consensys.

Ethereum (ETH) had a strong start to October 2023 but has since faced significant selling pressure, dropping below $1,600. At present, ETH is trading at $1,558 with a market cap of $187 billion. While the TD Sequential indicator has generated a buy signal near the lower boundary of its consistent range, caution is advised as a close below $1,530 could invalidate the bullish outlook.

50,000 ETH (78,307,428 USD) transferred from unknown wallet to Kraken.

Altcoin Sherpa, a well-known crypto strategist, has cautioned that Fantom (FTM), an Ethereum challenger that has already dropped by 65% this year, could experience further sell-offs if it loses its immediate support at $0.15. Altcoin Sherpa believes that FTM is overvalued and underused compared to its competitors. He also predicts that Ethereum's value will continue to decline against Bitcoin (ETH/BTC) until it reaches support at 0.053 BTC, which is approximately $1,454. Altcoin Sherpa expects the altcoin markets to rally once ETH/BTC reaches its downside target.

Ultra Sound Money data shows that ETH's annualized inflation rate has risen to 0.447%, with an inflation of 10,301 coins in the past seven days.

Ethereum client Hyperledger Besu has announced the release of version Besu 23.10.0, which is recommended for all mainnet/public network users. It includes many performance improvements, bug fixes, and a new transaction pool that can build more efficient modules with fewer resources. <br>

Well-known on-chain analyst Ali posted on X Platform stating that since February 2023, Ethereum whales have taken advantage of the price surge to sell or redistribute over 5 million ETH, equivalent to about $8.5 billion. The analyst noted that it is worth noting that this selling trend is still continuing, and there is currently no indication that the whales are turning to hoard ETH.

OKX market data, ETH has fallen below 1550 USDT and is currently priced at 1558.7 USDT, with a 24-hour decline of 4.53%.