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Bitcoin Cash has soared the most in the past 24 hours from the larger-cap alts.
Funds were moved from a wallet that has been holding onto one set of bitcoin mining rewards for nearly 14 years today. Some of the bitcoin was sent to a wallet that has interacted with crypto exchange Coinbase.
BTC price volatility is the name of the game this week as macro pressures combine with the incoming Bitcoin halving.
Quick Take Hong Kong gave in-principle approvals to several spot Bitcoin and Ethereum ETFs on Monday. Bitcoin and ether prices have returned to green after a decline over the weekend.
Hong Kong approved several spot bitcoin ETFs and spot ether ETFs managed by China Asset Management, Bosera and HashKey on Monday. The asset managers did not disclose the timeline of the launch.
- 12:23Blockchain payment company Borderless.xyz has completed a $3 million Pre-Seed funding roundPANews reported on October 23 that, according to The Block, blockchain-based payment company Borderless.xyz has completed a $3 million Pre-Seed funding round. This round was led by Amity Ventures and included angel investors such as Anton Katz, the founder of Talos, and Michael Shaulov, the founder of Fireblocks. It is reported that Borderless.xyz aims to develop payment infrastructure that allows global fund transactions between stablecoins, real-world assets and other "internet native currencies" and fiat currencies. The company operates in more than 50 countries and accepts 23 types of currency.
- 11:08A certain whale address yesterday staked 6653 SOL for BGSOL, valued at 1.1 million dollarsSolscan data shows that the whale address starting with 56Uv staked 6653 SOL as BGSOL at 23:50 on October 22 (UTC+8), worth $1.1 million. BGSOL is a liquidity staking solution launched in collaboration between Bitget and Solayer, where users will receive BGSOL tokens after staking SOL. The official statement says that besides obtaining staking rewards, BGSOL can also be used for other DeFi activities. According to Solayer data, the current TVL of BGSOL is $11 million.
- 10:58The TBC721 and TBC20 protocols are officially activatedOctober 23rd news, TBC721 and TBC20 protocols were officially activated on October 23rd, with the block height of the TBC mainnet being 862600. Developer Alex released the first NFT album "I'm not a dog" when the block height reached 8662620, indicating that TBC is a crucial step towards becoming Bitcoin's smart contract layer. In the future, more NFT and FT projects can be deployed on the local BTC smart contract layer through TBC721 and TBC20 protocols.
