Overview of important developments on the evening of October 30

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Cointime2024/10/30 13:22

By:Cointime

12:00-21:00 Keywords: MicroStrategy, NYSE, Consensys, Singapore

1. BlackRock's Bitcoin ETF market value surpasses $30 billion;

2. The US Bitcoin spot ETF has had a net inflow of $4.73 billion over the past 13 trading days;

3. The amount bet on the US presidential election on Polymarket has surpassed $2.7 billion;

4. Bloomberg predicts that next year's new accounting system will turn MicroStrategy from loss to profit;

5. NYSE submits 8.800-E rule changes and Grayscale Digital Large Cap Fund listing application to the US SEC;

6. Consensys: currently in a period of transition, gradually decentralizing and focusing on turning products into protocols;

7. The Monetary Authority of Singapore establishes the Global Financial and Technology Network (GFTN), which will pilot digital assets and tokenization as well as promote AI adoption in the first phase.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14