On October 18, the crypto market saw gains in several major cryptocurrencies, indicating that investors have regained their appetite for risk. Bitcoin rose 1.01% to $28,495.60, reflecting renewed optimism among market participants. However, Ethereum and XRP prices declined, while Solana saw slight gains. The global crypto market cap was up 0.29% to $1.09 trillion, with Bitcoin's dominance rising to 51.12%. Meanwhile, Pepe Coin decreased by 5.94%, Toncoin added 9.21%, OKB gained 4.48%, and Sui Coin slumped 8.61% due to an investigation into allegedly false information.
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Crypto Market Continues to Rise, Bitcoin Gains 1% While Ethereum and XRP Decline
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Analyst: Bitcoin's recent surge may have given investors a false sense of security
George Milling-Stanley, Chief Gold Strategist at Dow Jones Global Investment Management, believes that the recent surge in Bitcoin may give investors a false sense of security. Milling-Stanley stated, "Simply put, Bitcoin is an investment seeking returns, which suggests that investors are flocking to Bitcoin for capital gains, not because they see the value or use of Bitcoin." The launch of options based on spot Bitcoin ETFs last week may be related to this, as options allow investors to bet on the price volatility of Bitcoin with less cash instead of buying Bitcoin itself. -
UK court dismisses Craig Wright's appeal against COPA
On November 29th, according to BitMEX Research, the UK Court of Appeals has dismissed Craig Steven Wright's (CSW) appeal against the Cryptocurrency Open Patent Alliance (COPA), ruling that he lacked any substantive basis. In the case, CSW also complained that the court had adopted evidence from @lopp (James Lopp), but @lopp did not appear as a witness, which the court found to be unfounded. CSW's attempt to prove his claim as the author of the Bitcoin white paper, Satoshi Nakamoto, has once again been thwarted. -
Japan's Financial Services Agency warns 5 unregistered overseas cryptocurrency exchanges
On November 29th, according to CoinPost, the Japanese Financial Services Agency issued warning letters to five unregistered overseas cryptocurrency exchanges. These exchanges include KuCoin, bitcastle LLC, Bybit Fintech Limited, MEXC Global, and Bitget Limited. -
Google asks appeals court to overturn Epic Games antitrust victory
Google has requested the US Appeals Court to overturn a lower court's ruling on Epic Games' antitrust lawsuit, which would force Google to allow third-party app stores and payment solutions to operate through its Play Store app marketplace. -
Ansem: Coinbase is very likely to list top virtual ecosystem tokens, as it has already listed DEGEN
On November 29th, KOL Ansem stated on social media, "I bet that the likelihood of top Virtual ecosystem tokens being listed on Coinbase is very high - especially since they have already listed DEGEN." -
BTC falls below $67,000
market shows BTC has fallen below $67,000, currently reporting at $66,987.51, with a 24-hour increase of 0.41%. The market is experiencing significant fluctuations, please be prepared for risk control. -
BTC breaks through $67,000
the market shows BTC has broken through $67,000 and is currently trading at $67,011.99, with a 24-hour decline of 0.26%. The market is volatile, so please be prepared to manage risks. -
Crypto Options Traders Bet on Bitcoin to Reach Fresh Highs by End of November
According to Bloomberg, options traders in the crypto market are increasingly betting on bitcoin reaching new highs by the end of November. The $75,000 strike price has the highest open interest for options expiring on November 8, indicating a significant area of focus for the market during that time. Despite the upcoming U.S. presidential election, some traders believe that bitcoin will surpass its previous highs in the coming weeks. The rise in stablecoin liquidity and bitcoin transactions in October may contribute to this bullish sentiment. -
BTC falls below $67,000
market shows BTC has fallen below $67,000 and is now trading at $66,988.89, with a 24-hour decline of 2.24%. The market is volatile, so please be prepared for risk control. -
The first #Bitcoin whitepaper draft written by Satoshi Nakamoto 16 years ago.
Title: Electronic Cash Without a Trusted Third Party
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