Golden Finance launches the 2316th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceBitcoin (BTC) surges, eyes $85,000 hurdle. Analysts bullish, $70,800 pivotal support. Price hits $72,267, up 4.19% in 24h with increased volume. Institutional adoption, economic uncertainties, and ETF inflows drive rally. Impending halving may amplify supply-demand dynamics. Outlook positive, attention on $85,000 resistance.
Huang BoMicroStrategy's strategic foray into Bitcoin has not only positioned it as the world's largest corporate Bitcoin holder but has also showcased a unique financing approach. With a total of 189,150 BTC valued at approximately $8.55 billion, MicroStrategy stands as a formidable player in the evolving landscape of digital assets.
BerniceMATIC, the native cryptocurrency of Polygon, has recently gained traction, showing a 50% increase in price surge in the last 20 days, amid the optimistic trend circling the cryptocurrency market due to the recently finished Uptober rally.
BitcoinworldThe two companies set up a reserve agreement prior to the latter's bankruptcy.
CryptoSlate
Coinlive According to a recent report from Matrixport, US institutions account for 85% of Bitcoin buying, a very positive sign for the cryptocurrency.
OthersThe virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030.
CointelegraphThe $3.5 million flash loan attack Solana-based Nirvana Finance saw the price of its stablecoin NIRV and native token ANA fall around 85% apiece.
CointelegraphTether reports that its total commercial paper exposure has been cut to $3.7 billion from $30 billion just one year ago.
Cointelegraph