cryptocurrency analyst PlanB stated on social media, "Bitcoin's October closing price was $70,231, slightly lower than March's monthly closing price of $71,285. Be prepared for the US election."

Binance will launch TROYUSDT perpetual contract with a maximum leverage of 75x on October 31, 2024 at 21:00 (UTC+8). The settlement frequency of the contract is every four hours, and the initial funding rate is +2.00%/-2.00%.

Bybit Powered by SATOS has acknowledged the fine of EUR 2,250,000 imposed by De Nederlandsche Bank (DNB) for providing services without registration between October 2, 2020, and September 15, 2023. Bybit has respected the decision and began its remediation efforts as early as 2022 by transferring its customers in the Netherlands to SATOS B.V. Since September 2023, Bybit has been operating under Bybit Powered by SATOS, leveraging SATOS's Virtual Asset Service Provider (VASP) license accredited by the DNB. Bybit's partnership with SATOS further underlines its commitment to trustworthy, innovative solutions made in full compliance with the regulatory framework set out by DNB.

According to data disclosed by IntoTheBlock on the X platform, the locked amount of the RWA protocol has accounted for 3.69% of the total lock-up volume in DeFi, while this number was only 1.77% in July this year.

According to mempool data, Golden Finance reported that miners dug out empty blocks (blocks that only contain the block reward Coinbase transaction) at Bitcoin height 868664, with a time interval of only 42 seconds from the previous block height. Miners package empty blocks for economic reasons, which is the wisest choice for them. In order to fully utilize this time for mining and avoid conflicts with transactions packaged in the parent block, miners cannot fill the block with transactions, which means they can only try to mine empty blocks.

According to Farside Investors data, this week's cumulative net inflow of US Bitcoin spot ETF was 2.2202 billion US dollars, of which: BlackRock IBIT: +2.1489 billion US dollars; Fidelity FBTC: +89.8 million US dollars.

the Victoria Police Department in Australia has successfully seized cryptocurrency worth $142,679 for the first time after recent legal amendments allowed police to control digital assets. On October 31, the Victoria Police Department released its annual report for 2023-2024, highlighting the newly authorized "power" after adding "Section 92A to seize digital assets under a search warrant" in the "1997 Confiscation Act". Since August 1, 2023, the legal amendment has authorized Victoria police to seize cryptocurrency held by criminals through search warrants.

According to the market, ORDI has exceeded $35 and is now trading at $35.02, with a 24-hour decline of 1.63%. The market is volatile, so please be prepared for risk control.

 Hong Kong Financial Secretary Paul Chan Mo-po published a blog post stating that his delegation had achieved fruitful results during their visit to Riyadh, Saudi Arabia last week. The Hong Kong Monetary Authority and the Public Investment Fund of Saudi Arabia (PIF) signed a memorandum of understanding to jointly establish a $1 billion investment fund, which will invest in Hong Kong and Greater Bay Area enterprises in the fields of manufacturing, renewable energy, fintech, and healthcare in Saudi Arabia. In addition, a fintech company from Hong Kong Cyberport signed a commercial agreement with local partners.

 Microsoft has officially announced that it will terminate support services for Windows 10 on October 14, 2025 and strongly recommends that users migrate to Windows 11 system as soon as possible. Microsoft stated that starting from October 14, 2025, Windows 10 will no longer receive security updates, and continuing to use it will face constantly evolving and adjusted malicious threats, which pose security risks. Microsoft stated that users can first check if their current Windows 10 PC can be upgraded to Windows 11, or consider purchasing a new, more secure PC.

blockchain analysis platform Nansen has announced that its Solana chain analysis features are now available to users for free, including basic Solana token and address research, as well as providing real-time data and labels.

blockchain solar company Glow has completed a $30 million financing round, led by Framework and Union Square Ventures. The CEO and co-founder of Glow stated that Vorick plans to use this funding to expand the company from 5 megawatts of power to 600 megawatts in the next 18 months and expand to new countries. Glow operates a DePIN network consisting of solar power plants in the United States and India. To encourage farms on its network to surpass the "dirty" energy grid, the founder designed an overall economy based on subsidy and token incentive models.

According to DefiLlama data, the total market value of stablecoins has grown by 0.38% in the past week, now reaching 173.117 billion US dollars, close to the highest level since May 2022 (i.e. 173.145 billion US dollars on October 6). Among them, the total market value of USDT has increased by 0.3%, now reaching 120.441 billion US dollars, with a market share of 69.62%.

 according to CoinDesk, UK-based cryptocurrency exchange Archax has acquired Spanish brokerage firm King & Shaxson Capital Markets to expand its European business. The completion of the transaction currently requires approval from the Spanish regulatory authorities. The transaction value has not been disclosed. This acquisition will enable the company, registered with the Financial Conduct Authority (FCA), to expand its existing brokerage business, multilateral trading facility (MTF), and custody services to Europe, while adding crypto derivatives to its license.

Lookonchain monitoring shows that the whale "BetTom42" withdrew 2.4 million USDC from Kraken today to bet on Trump winning the US election. In the past three days, this whale has spent $3.4 million betting on Trump winning the US election.

According to Whale Alert monitoring, at 18:34 today Beijing time, USDC Treasury destroyed 50 million USDC on the Ethereum blockchain.

according to an analysis by the Hong Kong Economic Daily, Bitcoin recently broke through and is expected to reach a historic high in speculation about the potential results of the US election. The correlation between the price of Bitcoin and the inflow of funds is expected to further increase, and liquidity will become an increasingly important price driver. Last week, global funds poured into the US market's Bitcoin spot trading fund, betting on Trump's victory in the US election, and his support for Bitcoin was seen as a "Trump trade". The market expects the size of the US Bitcoin ETF to double by 2025 and quadruple by 2027. As for Hong Kong investment options involving Bitcoin, we will have to wait and see.

Paul Grewal, Chief Legal Officer of Coinbase, accused the Federal Deposit Insurance Corporation (FDIC) of taking secret actions to suppress the cryptocurrency industry. Grewal claimed that documents obtained through the Freedom of Information Act showed a series of so-called suspension letters. Allegedly, in these letters, the FDIC instructed banks to delay or stop providing services to cryptocurrency companies. He described these letters as "shameful examples of US government agencies trying to cut off the financial channels of law-abiding American companies" and pointed out that the FDIC unfairly targeted legitimate cryptocurrency companies, restricting their access to banking services. Documents shared by Coinbase showed that FDIC officials urged banks to avoid launching or expanding cryptocurrency-related services due to concerns about security, stability, and potential consumer risks. In each case, the FDIC requested that banks wait until further review was completed - a process that Coinbase believes sets unfair barriers for cryptocurrency companies.

Robinhood's shares fell by over 10% in premarket trading on Thursday after the release of its Q3 earnings report. JPMorgan noted that the negative response was expected due to the stock's significant outperformance this year. JMP, a broker, raised its Robinhood price target from $30 to $33. Despite the drop, Robinhood's shares have more than doubled this year.

According to official data from Grayscale, the AUM (assets under management) of their recently launched SUI Trust Fund, Grayscale Sui Trust, has surpassed $1 million and reached $1,018,249.74 as of September 13th, with a net asset value of $15.4 per share. Historical data shows that the AUM of the Grayscale SUI Trust Fund was less than $300,000 at the beginning of last month.