According to Jaran Mellerud, a mining service analyst at Luxor Technologies, listed mining companies will stop increasing their holdings of Bitcoin in May 2022. Since then, their holdings have decreased from 46,000 coins to 35,000 coins, indicating they have sold more Bitcoin than they have mined during that period.

According to the latest data from 8marketcap, the market value of Bitcoin has surpassed that of Tesla, ranking 11th in the global financial product market value. The market value of Bitcoin is about 676.6 billion US dollars, with a 24-hour increase of 14.13%; the market value of Tesla is about 673.1 billion US dollars, with a 24-hour increase of 0.04%.

Bitcoin prices surged 15% to over $35,200 on Binance in the last 24 hours, reaching a 1.5-year high. The cryptocurrency has gained over 20% in the past week due to renewed interest in digital assets. The recent rally is attributed to growing speculation that regulators may soon approve a Bitcoin exchange-traded fund (ETF), with BlackRock said to have secured a specific license for this purpose. The decoupling of crypto from equity markets is also noted, as the S&P 500 and Dow Jones fell in the last 24 hours while over 91,200 traders were liquidated in the past day.

According to CoinGecko data, the total market value of cryptocurrencies has surpassed $1.3 trillion, now reporting $1,313,100,095,131, with a 24-hour increase of 9.4%. Bitcoin's market share has risen to 51.4%, a new high since April 2021; Ethereum's market share is currently reported at 16.5%.

According to CoinGecko data, the total market value of cryptocurrencies has reached $1,326,960,219,828, with Bitcoin's market value reaching $679,753,481,795 and a 24-hour increase of 14.1%. Bitcoin's market dominance has also risen to 51.515%.

According to CoinGecko data on October 24th, Bitcoin's market share has risen to a new high since April 2021, currently reported at 51.4%; Ethereum's market share is currently reported at 16.5%.

Blockchain detective ZachXBT posted on X platform that an entity transferred 4,800 bitcoins (worth $144 million) from the Abraxas dark web market and deposited the merged funds into a bitcoin mixer. The dark web market had ceased fraudulent activities in November 2015 and had been in a dormant state since then.

TeleportDAO stated on social platform X that the Bitcoin bridging transaction volume of TeleSwap has exceeded $500,000, achieving seamless bridging and trading of BTC between Bitcoin and Polygon. Earlier, infrastructure platform TeleportDAO completed a $2.5 million seed round of financing, led by AppWorks and DefinanceX. TeleportDAO has created a fully decentralized Bitcoin wrapper teleBTC and trading platform TeleSwap on Polygon.

According to market data, BTC has broken through 35,000 USDT with a 24-hour increase of 15.93%.

According to the BitVol (Bitcoin Volatility) index launched by financial index company T3 Index in conjunction with the Bitcoin options trading platform LedgerX, the index rose to 54.19 yesterday, a daily increase of 6.09%. Note: The BitVol index measures the 30-day expected implied volatility derived from tradable Bitcoin option prices. Implied volatility refers to the volatility implied by the actual option price. 

Investment products in the cryptocurrency market have seen four weeks of inflows, with $179 million added in the week ending October 20th, according to CoinShares' fund flows report. Bitcoin investment products received the majority of inflows, bringing year-to-date inflows to $315 million. However, the recent inflows are still lower than those seen earlier this year when BlackRock first filed for a spot Bitcoin ETF. Solana products also saw significant inflows, while Ether products experienced outflows. Interest in a spot Bitcoin ETF surged following positive signs of approval and a Bitcoin rally.

According to Coinglass data, in the past 24 hours, the total amount of liquidation on the entire network exceeded 351 million US dollars, with short positions accounting for 274 million US dollars, of which Bitcoin liquidation was about 194 million US dollars, and Ethereum liquidation was about 46.82 million US dollars.

On Tuesday, the dollar weakened against a basket of currencies, following a drop in Treasuries yields as investors awaited key U.S. economic data ahead of the Federal Reserve's monetary policy meeting next week. The dollar index lost over 0.5% in the previous session, sitting at around 105.57. The market is now focused on the flash purchasing managers' index (PMI) data and gross domestic product (GDP) report, which could set market expectations ahead of the Fed's meeting on Oct. 31 - Nov. 1.

CoinGlass statistics show that in the past two hours, the market has liquidated about $1 billion worth of open Bitcoin contracts, making it the largest short liquidation event so far this year.

Bitcoin surged by 14% to reach a 2-1/2 year high of $34,283 in early Asia hours on Tuesday, amid speculation that the US may approve a bitcoin exchange-traded fund. The cryptocurrency was last up by 10% at $33,030, while its smaller rival, ether, rose by 6% to $1,763. The news has sparked interest among investors, who are closely watching the developments in the cryptocurrency market.

According to Bitget market data, around 6:30 this morning Beijing time, the Bitcoin price once reached a high of 35,919 USDT, currently reporting at 33,145 USDT, with a 24-hour increase of over 10%. In addition, Ethereum has broken through 1800 USDT, currently reporting at 1769 US dollars, with a 24-hour increase of 6.6%.

On October 24th, Bloomberg ETF analyst Eric Balchunas posted on social media that BlackRock's iShares Bitcoin Trust has been listed on the Depository Trust & Clearing Corporation (DTCC) with the stock code IBTC. This is a step in the ETF listing process and the first Bitcoin trust to be listed on DTCC.

According to Bloomberg ETF analyst Eric Balchunas, "BlackRock may have already received the green light, or it's just assuming and preparing for everything. We still believe that many ETFs will be launched together, rather than BlackRock being approved first." Earlier reports stated that BlackRock's iShares Bitcoin Trust has been listed on DTCC with the code IBTC.

According to OKX market data on October 24th, Bitcoin fell below $33,000 and is currently priced at $32,687 with a 24-hour increase of 8.9%. The market is volatile, so investors should be cautious.

Bitcoin's price has surged by 14% in the past 24 hours, breaking through the $34,000 mark for the first time since May last year. The sudden uptick in price is attributed to a fresh wave of interest in upcoming spot ETF approvals and a significant increase in overall trading volumes across spot markets. Investment giant Blackrock may soon begin the process of "seeding" their spot ETF product, which is seen as another step in the process of launching. The sudden move upwards has left crypto market commentators and community members dumbfounded.