Coinedition
MicroStrategy transferred 1,652 BTC worth $114 million to a new wallet. The company holds a massive 252,220 BTC worth $17.56 billion. MicroStrategy aims to raise $42 billion in three years to buy BTC.
Countries like Germany and El Salvador impose a 0% capital gains tax on Bitcoin held for over a year to attract investors. Japan leads with a steep 45% tax rate, reflecting a cautious regulatory stance on cryptocurrency. The U.S. and U.K. maintain moderate tax rates, while some nations opt for outright crypto bans.
Cardano (ADA) surged 4.13% on Friday, November 1. ADA’s November 1 surge is in continuation of a recent market rally. The Chang Phase 2 hard fork reignited ADA’s bullish momentum.
Chainlink approaches a critical $12-$13 resistance in an ascending triangle, hinting at a breakout potential. Technical indicators remain neutral, with the RSI showing room for growth, while MACD and volume are steady. Chainlink’s new blockchain partnership with SWIFT and ANZ could drive institutional adoption and boost interest.
3AC founder’s wife recently sold a mansion in Singapore for $38.5 million. 3AC was once one of the world’s largest crypto-native hedge funds. Evelyn sold the house amid an ongoing liquidation of the firm.
Over 50% of transactions on the XRP Ledger are “OfferCreate Transactions.” When the year began, only 12% of transactions were associated with DEX features. XRP is retesting the $0.50 price level as support at the time of writing.
Pump.fun’s SOL holdings rise, selling a portion as market balance shows high volatility. Portfolio growth noted, with major assets in SOL, USDC, and JITOSOL amid minor fluctuations. Solana shows a stable trading range with technical indicators hinting at a pause in momentum.
21Shares has submitted an application with the SEC to launch a spot XRP ETF. Brad Garlinghouse acknowledges the growing institutional interest in XRP ETFs. The Ripple CEO slams the SEC for its continued disregard for the court’s authority.
U.S. spot Ethereum ETFs experienced a net outflow of $10.9 million on Friday amid market volatility. Grayscale’s ETHE led the outflows with $11.4 million, while Invesco’s QETH ETF saw a small inflow of $0.5 million. Bitcoin ETFs had substantial net monthly inflows of $5.3 billion.
