Major News Headlines for Today

1. Microsoft Will Evaluate Investment in Bitcoin at Shareholders' Meeting in December
Microsoft will conduct a Bitcoin(BTC) investment evaluation in December. Microsoft submitted a document to the U.S. Securities and Exchange Commission(SEC) on Oct. 24 and said it will evaluate various investable assets in December to fund Microsoft's operations, including Bitcoin.

2. CryptoQuant "Bitcoin Micro-Investors Are Down in Activity"
In a report published by the on-chain analysis platform CryptoQuant on Oct. 24, it pointed out that small investors and large investors of Bitcoin, which were recently captured in the market, are showing conflicting moves in the sale of Bitcoin. CryptoQuant said that small Bitcoin investors bought 1,000 more Bitcoin over the past month, while large investors with more than 1,000 Bitcoin bought 30,000 more Bitcoin.

3. Ripple Prepares Mandatory Filing for SEC Cross Appeal Today
Ripple announced they are preparing submitting essential documents required for cross-appeal with the SEC to the U.S. Court of Appeals on Oct. 25. Previously, Ripple caused a great controversy by not submitting a confirmation of the acknowledgement of appeal and attendance notice, which are essential documents accompanying the appeal, to the U.S. Court of Appeals by Oct. 18, the deadline.

4. Standard Chartered "Bitcoin Reaches $12.5 Million When Trump Elected"
In a report published by global bank Standard Chartered on Oct. 24, it claimed that the price of Bitcoin could hit $125,000 this year when former President Trump is re-elected in the U.S. presidential election in November. A research team at Standard Chartered, led by Jeffrik Kendrick, predicted that the price of Bitcoin will reach about $73,000 by November 5, the day of the U.S. presidential election, and that Bitcoin could rise by 10% when former President Trump, a "pro-cryptocurrency candidate," re-elected U.S. president.

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