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Pennsylvania House passes bipartisan bill to provide regulatory clarity for digital assets

 Pennsylvania House of Representatives has passed a bipartisan bill to provide regulatory clarity for digital assets. This move comes amid increasing uncertainty at the federal level regarding cryptocurrency regulation. It continues a trend of legislative bodies and governors across the country attempting to establish some rules for the US crypto industry. The bill passed with a majority of 176 votes to 26, including support from 76 Democrats and all 100 Republicans.

Bitcoin whale holdings hit all-time high

According to Cryptoquant data, gold finance reported that currently Bitcoin whales hold about 670,000 Bitcoins, the highest value ever. Undoubtedly, this is an optimistic long-term signal. As shown in the chart, when the whale holding volume is at a high level, Bitcoin tends to show a sideways or mild downward trend. This accumulation stage can be described as calm before the storm in the medium to long term. The real growth trend of Bitcoin began when the whale gradually reduced its holding volume until the percentage change value of the holding volume became negative. Finally, if the historical high point of Bitcoin is not updated between the US presidential election and November 28th (+/- 21 days), it will indicate that there are serious problems in the current bull market cycle, and things will become very bad.

Coinbase International will launch ApeCoin perpetual futures contracts

Coinbase International announced on the X platform that Coinbase International and Coinbase Advanced will add support for ApeCoin perpetual futures contracts, and the APE-PERP market is expected to open on or after 17:30 on October 31, 2024 Beijing time.

OpenAI disbands AGI preparation team

OpenAI is disbanding its "AGI Readiness" team and its members will be reassigned to other teams within OpenAI. The team was previously responsible for evaluating OpenAI's ability to handle increasingly powerful AI technologies and assessing the world's readiness for such technologies. Miles Brundage, the chief advisor of the AGI Readiness team, announced his resignation in a Substack post, citing the high opportunity cost and his belief that his external research could have a greater impact. He also hoped to reduce bias and believed that he had already achieved his goals at OpenAI.

Binance Labs Invests in Gamify’s Fitness Project Moonwalk Fitness

 Binance Labs has announced an investment in the fitness project Moonwalk Fitness by Gamify. The specific amount has not been disclosed. Moonwalk Fitness encourages users to achieve their daily step goals by pledging USDC, SOL, or BONK. Users must reach the step goal of their crew, and if they fail to do so, a portion of their pledged funds will be "confiscated" and redistributed among the winners.

Coinbase announces it is the first crypto partner of the Canadian Football League

cryptocurrency exchange Coinbase announced that it has become the first cryptocurrency partner in the history of the Canadian Football League (CFL), and will sponsor the 111th Grey Cup as well as the kickoff event for the November game. This marks the first time that a major Canadian professional sports league has established a partnership with a cryptocurrency company.

DWF Labs deposited 2 million FET with Binance, equivalent to $2.68 million

According to on-chain analyst ai_9684xtpa, DWF Labs has once again deposited 2 million FET (worth approximately 2.68 million USD) into Binance just five minutes ago. As a market maker for FET, DWF has transferred a total of 4 million FET (valued at 5.56 million USD) to CEX in the past week since receiving 6 million tokens from the project team on October 16th, resulting in a 3.32% drop in the token price.

A whale deposited 870 BTC into Binance six hours ago

Lookonchain monitoring shows that a certain whale deposited 870 BTC worth $58.2 million into Binance six hours ago. This whale has deposited 5,729 BTC worth $385 million into Binance since October 16.

Jupiter plans to deprecate the old limit order endpoint on November 5

Jupiter announced on X platform that it will abandon the old limit order endpoint on November 5, 2024. If users are still using the old endpoint, please upgrade to the latest version as soon as possible.

Ankr integrates TON blockchain to help developers build apps for Telegram

Web3 infrastructure provider Ankr has announced its integration with the TON blockchain. It will provide developers with a "portal built on the TON blockchain, allowing them to build dApps and unlock access to Telegram's 950 million user community." Using Ankr's AP service, developers will no longer need to "deploy or maintain their own nodes to access on-chain data" and can take advantage of "real-time connectivity with the TON blockchain."