Pennsylvania Publishes Bitcoin Strategic Reserve Legislation
Dennis Porter, co-founder of the Satoshi Action Fund, posted on the X platform that Pennsylvania's "Bit coin Strategic Reserve" bill has been published on the state's website. The bill, introduced by Senators Mike Cabell and Aaron Kaufer, authorizes the state treasurer to invest in Bit coin, digital assets, and crypto ETFs, which is an important step in the adoption of cryptocurrencies.
$90,000 Becomes a Key Level for Bit coin
The $90,000 level has become a key level for Bit coin, as US stocks such as Tesla and Nvidia have performed poorly, and market investors are starting to turn their attention to cryptocurrencies. Significant market volatility is expected to arrive soon, but as cryptocurrencies have been relatively uncorrelated with macroeconomics this week and there have been few major economic events, the cryptocurrency market is expected to remain stable at the macro level.
Crypto Fear & Greed Index Rises to 90, Reaching a New Annual High in Market Sentiment
Data shows that the Crypto Fear & Greed Index has reached 90 today, indicating that the market is in a state of extreme greed, reflecting the high enthusiasm and optimistic sentiment of investors.
MicroStrategy Founder Michael Saylor Hints at Potential Further Bit coin Accumulation
MicroStrategy founder Michael Saylor hinted in a post on the X platform that he may further increase his Bit coin holdings. Saylor stated, "I think we need more 'green dots' on the saylortracker website," suggesting that MicroStrategy will further increase its BTC holdings.
Blackrock's Bit coin ETF Rises to 15th Largest Among 1,094 Funds
Data shows that Blackrock manages 1,094 funds with a total asset value of $1.15 trillion, and its Bit coin ETF (IBIT) ranks 15th in size among the company's entire fund portfolio.
Non-Fungible Token Weekly Sales Surge 94% to $181 Million
Over the past week, Non-Fungible Token sales surged to $181 million, up 94% from the previous week's $93 million. The total sales for October have reached $356 million, up 18% from September, with a 42% increase in trading volume to 7.2 million transactions. Disclaimer: The information provided in this section is for reference only and does not constitute any investment advice or the official views of FameEX.
