, which soared on Oct. 29, recorded $73,544 at 4 a.m. on Oct. 30, and is about to surpass the $73,700 high point recorded in March this year. Bitcoin holders were found to be 100% profitable early on Oct. 30 due to Bitcoin, which rose due to a number of favorable factors such as the success of the Bitcoin Spot Exchange Fund(ETF) in the U.S. and the imminent U.S. presidential election. In a report published on Oct. 30, the on-chain analysis platfo', 'https://img.blockstreet.co.kr/photo/2024/08/30/20240830000001_0640.jpg', 'https%3A%2F%2Fwww.blockstreet.co.kr%2Fnews%2Fview%3Fud%3D2024103009075036265'));){kind=link}
);)
Bitcoin(BTC), which soared on Oct. 29, recorded $73,544 at 4 a.m. on Oct. 30, and is about to surpass the $73,700 high point recorded in March this year. Bitcoin holders were found to be 100% profitable early on Oct. 30 due to Bitcoin, which rose due to a number of favorable factors such as the success of the Bitcoin Spot Exchange Fund(ETF) in the U.S. and the imminent U.S. presidential election. In a report published on Oct. 30, the on-chain analysis platform Int the Block said that all 53.94 million Bitcoin wallets have turned into surplus. Based on Bitcoin's recent surge, many experts point to the fact that Bitcoin has broken through the main resistance line on the graph and predict that Bitcoin's declaration will occur in the near future.
2. Ripple Co-Founder "Harris Will Support Crypto Industry Growth"
In an interview with CNBC on Oct. 29, Chris Larsen Ripple, co-founder, announced Vice President Kamala Harris' plan to support cryptocurrency. "The war on cryptocurrency is over," he said, claiming that if Vice President Harris is elected president, Vice President Harris will focus on economic messages encouraging technological innovation in the United States and especially support the growth of the cryptocurrency industry.
3. Bitcoin Surges, Arounnd $100 million Short Position Liquidation Occurs
As Bitcoin surged on Oct. 30, a short-term fall(short) betting position worth about $100 million in the bitcoin futures market was cleared. Crypto Potato, a cryptocurrency media outlet, reported that the short bet liquidation that occurred in the bitcoin derivatives market left about $110 million as of Oct. 30.
4. Bhutan Govt Sold $66 million Worth Bitcoin
The Bhutan government, which began mining Bitcoin about five years ago and held Bitcoin with the government's budget, was found to sell $66 million worth of Bitcoin on Oct. 29. Crypto News Wire, a cryptocurrency media outlet, reported that Bhutan's government-owned wallet transferred about 929 Bitcoin to Binance Wallet on Oct. 29. The price of Bitcoin at the time of the Bhutan government's bitcoin transfer is about 71,000 dollars.
5. Ethereum Developer "Planned to Cut 20% of Workforce..."I'm Going to Decentralize"
Consensys CEO Joe Rubin announced on Monday that 162 employees will be cut in line with the company's decentralization plan. In an interview with CoinTelegraph on Oct. 29, a cryptocurrency media outlet, Rubin said the decision was made to cut jobs for the purpose of smaller and more efficient organization operation. Consensys has been informed of Welles Notice by the U.S. Securities and Exchange Commission(SEC) for violating securities laws, and a lawsuit against SEC was rejected in September this year.
권승원 기자 ksw@blockstreet.co.kr