Larry Fink Predicts Bitcoin to Rival Real Estate Market Size

BlackRock CEO Larry Fink Predicts Bitcoin Will Reach the Scale of the Real Estate MarketBlackRock's Chief Executive Officer, Larry Fink, has stated that Bitcoin will become as massive as the U.S. real...

BlackRock CEO Larry Fink Predicts Bitcoin Will Reach the Scale of the Real Estate Market

BlackRock's Chief Executive Officer, Larry Fink, has stated that Bitcoin will become as massive as the U.S. real estate market. He also mentioned that it doesn't matter whether Donald Trump or Kamala Harris wins on November 5th. This statement marks a shift from Fink's skeptical stance on cryptocurrencies three years ago.

Bitcoin ETF Sees Inflow of 3,892 BTC Today, Ethereum ETF Sees Inflow of 660 ETH

According to Lookonchain's monitoring, the net inflow of 10 Bitcoin ETFs today is +3,892 BTC (approximately $257 million), with Fidelity contributing 1,857 BTC (approximately $123 million). Currently, Fidelity holds 180,068 BTC, valued at around $11.89 billion. The net inflow of 9 Ethereum ETFs today is +660 ETH (approximately $1.74 million), with Fidelity contributing 3,500 ETH (approximately $9.22 million). Currently, Fidelity holds 151,750 ETH, valued at around $39.956 billion.

Bloomberg: Tether is Exploring Providing Loan Services to Commodity Trading Companies

On October 14th, Bloomberg reported that Tether is exploring the provision of loan services to commodity trading companies.Bitcoin Staking Platform Solv Protocol Completes $11 Million Financing Round, with Laser Digital and Others Participating

On October 14th, according to CoinDesk, Bitcoin staking platform Solv Protocol completed a financing round of $11 million, with a valuation of $200 million. Investors include Nomura Securities' subsidiary Laser Digital, Blockchain Capital, and OKX Ventures, among others. Solv's SolvBTC product has deployed over 20,000 Bitcoins (approximately $1.3 billion) on 10 major blockchain networks. Solv co-founder Ryan Chow stated that if Bitcoin staking rates reach Ethereum's level of 28%, it could unlock $330 billion in value. Currently, the Bitcoin staking platform Babylon has attracted over $1.5 billion in staked funds, indicating strong demand in this sector. However, this scale is still far below staking platforms on Ethereum, such as Lido ($23.7 billion) and EigenLayer ($10.9 billion).

 

U.S. Cryptocurrency Sector Sees Pre-Market Gains, with MicroStrategy Up About 6.5%

Among the main cryptocurrency and blockchain-related stocks traded on NASDAQ, MicroStrategy rose about 6.5% to $224.68, while Coinbase increased by 4.5% to $184.29. Cryptocurrency mining companies also saw gains, with NASDAQ-listed Bitfarms' stock price rising by 3.8% to $1.92. Riot Platforms rose by 4.6%, Marathon Digital increased by 5% to $16.93, and Hut 8 rose by 4.5% to $12.30. The NASDAQ 100 futures index rose by 0.33%.

 

Analyst: Ethereum Could Break Through $6,000, with the Key Being to Hold the $2,300 Support Level

Cryptocurrency analyst Ali (@ali_charts) posted on social media, pointing out that historically, whenever the Ethereum price touches the lower boundary of its trading channel and rebounds, it typically triggers an average increase of about 130%. Ali stated that if this pattern continues to hold, a similar price trend could push Ethereum's price to $6,000. However, this depends on Ethereum's ability to maintain the key support level of $2,300.

 

Battle of the Public Chains: Interpreting On-Chain Data and Investment Logic for ETH, SOL, SUI, APT, BNB, TONThe landscape of public blockchains is evolving, with Ethereum still dominating but high fees affecting user experience. Solana is a star for high-frequency trading and NFTs, BNB attracts exchange users, Ton chain is rapidly rising, and SUI and Aptos are quickly catching up. Each public chain has a unique user base and metrics that impact token prices. Through on-chain data analysis, Solana attracts high-frequency trading users, Ethereum remains the first choice for DeFi, and BNB and Ton chains are popular. SUI and Aptos attract users with low costs, with SUI leading in daily active addresses. Investors can judge whether the prices of public chain tokens are reasonable through indicators such as the NVA ratio, TVL, etc.

The new generation of Meme Godfather, Murad, selects the top ten Meme coins.

In this bull market, the Meme sector has performed the best, with Meme coins that have increased by more than 30 times, 50 times, and 100 times being highly sought after. Whales have started to pay attention to Meme coins, and Murad has recommended 10 Meme coins with high heat and survivability, including the world's first "sports coin" $SPX, the masculinity coin $GIGA, and the emoticon culture coin $MOG. The market value of these Meme coins continues to rise, with a target market value of tens of billions of dollars. In addition, there are other interesting coins such as the "insanity coin" and the "clown world/anti-awakening coin," whose market value is also growing, and they are expected to attract more attention in the future.

The trend of Bitcoin is unclear, which may prompt investors to turn to SUI, APT, TAO, and WIF.

The price of Bitcoin fluctuates, but SUI, APT, TAO, and WIF may rise. The inflow of funds into the US Bitcoin exchange shows strong demand. Analysts believe that the altcoin market may enter a "season of only rising and not falling." The price of Aptos has risen to $10.06, but it faces a resistance at $10.50. The price of Bittensor Token has risen, but bears are trying to lower the price. The price of Dogwifhat has broken through the horizontal level, and the short-term trend has changed. Buyers need to keep the price above $2.89 to break through the resistance and may soar to $3.58. On the downside, the key level is the 20-day EMA, and a break below may lead to profit-taking by bulls.