ChainCatcher news, according to market data, Bitcoin briefly reached $72,000, with a 24-hour increase of 5%.

ChainCatcher news, according to Lookonchain monitoring on October 29, the data for Ethereum and Bitcoin ETFs in the United States shows:Nine U.S. Ethereum ETFs had a total net outflow of 4,952 ETH, approximately 12.99 million USD, with Grayscale (ETHE) seeing an outflow of 8,077 ETH, about 21.20 million USD. The current Grayscale holdings amount to 1,596,890 ETH, approximately 4.19 billion USD;Ten U.S. Bitcoin ETFs had a total net inflow of 7,200 BTC, approximately 513.13 million USD, with BlackRock (iShares) seeing an inflow of 4,528 Bitcoins, about 322.68 million USD. The current BlackRock holdings amount to 408,253 Bitcoins, approximately 29.09 billion USD.

ChainCatcher news, according to Bitcoin.com News, a public record obtained by the local media "El Mundo" shows that El Salvador's "Bitcoin Immigration" program does not match the number of visas issued as announced on official social media. The program aims to attract wealthy investors willing to donate $1 million in Bitcoin or USDT to reside in El Salvador, with a goal of issuing at least 1,000 passports and raising $1 billion.However, the immigration authority stated that no passports have been issued, which contradicts reports on social media that at least two families have obtained visas.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas stated that the total amount of Bitcoin held by the U.S. spot Bitcoin ETF is expected to reach 1 million coins by next Wednesday and exceed Satoshi Nakamoto's holdings by mid-December. Currently, it is increasing by about 17,000 BTC per week.However, anything is possible, such as a severe sell-off delaying this process, but it remains inevitable. Conversely, if prices continue to rise and Trump wins the election, we may see a surge in FOMO (fear of missing out) sentiment, accelerating this process.

ChainCatcher news, the Bitcoin liquidity staking platform PumpBTC announced the completion of a $10 million seed round financing, led by SevenX Ventures and Mirana Ventures, with participation from UTXO, Mantle Ecosystem Fund, Arcane Group, and others.This financing will help PumpBTC launch its new product BTC-Fi, a CeDeFi BTC liquidity vault that combines CeFi-level security with DeFi's BTC yield optimization, providing automated yield strategies.Since its launch in July 2024, PumpBTC has been deployed on over 10 public chains, attracting a total locked value of 3,400 BTC (approximately $240 million), and has partnered with over 70 projects to build a multi-chain, multi-partner ecosystem, further promoting the development of CeDeFi.

ChainCatcher news, the open interest in Bitcoin futures increased by over 20,000 BTC in a single day, marking the largest single-day increase since June 3. The total open interest in Bitcoin has reached $42.6 billion.Contracts offered by the Chicago Mercantile Exchange (CME) surged 9% in 24 hours, with an open interest of 171,700 BTC, valued at over $12.22 billion, giving CME a dominant position with 30% of the futures open interest market.High open interest may lead to increased volatility, especially as contracts approach expiration. Traders may rush to close positions, roll over, or adjust their positions, which can result in significant price fluctuations.

ChainCatcher news, according to Bitcoin Magazine, the price of Bitcoin has reached an all-time high in Mexico, with Bitcoin trading at 1,422,373.9 MXN against the Mexican Peso.

ChainCatcher news, according to IntoTheBlock data, as Bitcoin breaks through $71,000 again, 99% of Bitcoin holders are in profit, and market sentiment has significantly improved.The previous occurrence of 99% of profitable addresses was in June of this year.

ChainCatcher message, Matrixport released the latest report stating: "Bitcoin has surpassed the $70,000 mark, reaching our year-end target set for early 2024. According to the latest 'Matrix on Target' report, we expect the price of Bitcoin may rise further before the end of the year. The U.S. presidential election could serve as a positive market catalyst, coupled with strong demand from investors for Bitcoin spot ETFs, which will further drive up the price of Bitcoin. As more bullish investors disclose their Bitcoin spot ETF holdings in the upcoming 13F filings, this could inject more momentum into the year-end Bitcoin rebound."

ChainCatcher message, crypto analyst Willy Woo posted that he asked the AI robot "Should I buy Bitcoin?", and the AI ultimately answered "Yes".

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on the X platform that the demand for institutional Bitcoin custody wallets is rising. In the past year, the net inflow into U.S. spot ETFs has reached 278,000 Bitcoins (approximately 80% from retail investors), while large wallets (holding more than 1,000 Bitcoins, excluding exchanges and mining pools) have seen a net inflow of 670,000 Bitcoins, indicating that institutions are allocating Bitcoin through custody services at a scale approximately 2.4 times that of the ETF channel.Ki Young Ju further stated that these whale wallets are a superset of custody wallets. Since most ETF wallets hold less than 1,000 Bitcoins, this data can better reflect the actual situation of custody wallets. He also pointed out that more detailed data is needed for deeper market insights.

ChainCatcher message indicates that according to SoSoValue data, yesterday (Eastern Time, October 28) the total net inflow for Bitcoin spot ETFs was $479 million.Yesterday, Grayscale ETF GBTC had a net outflow of $0.00, and the historical net outflow for GBTC is currently $20.108 billion. Grayscale Bitcoin Trust ETF BTC had a net inflow of $21.5943 million yesterday, and the historical total net inflow for Grayscale Bitcoin Trust BTC is currently $451 million. The Bitcoin spot ETF with the highest net inflow yesterday was BlackRock ETF IBIT, with a net inflow of $315 million, bringing the historical total net inflow for IBIT to $24.302 billion.Following that is the ETF ARKB from Ark Invest and 21Shares, which had a net inflow of $59.7752 million yesterday, and the historical total net inflow for ARKB has reached $2.711 billion.As of now, the total net asset value of Bitcoin spot ETFs is $68.472 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 4.97%, and the historical cumulative net inflow has reached $22.414 billion.

ChainCatcher news, according to Cointelegraph, Ohio U.S. Senate Republican candidate Bernie Moreno claims he has sold a Bitcoin (BTC) holding worth $70,006, apparently to avoid potential conflicts of interest with support from the cryptocurrency industry. Moreno stated that he is "proud" of the support he has received from the crypto industry in his campaign to defeat Senator Sherrod Brown.The Senate candidate has received over $40 million in support through media purchases from the political action committee (PAC) Defend American Jobs, which is affiliated with Fairshake and primarily helps Republican candidates. In addition to PAC funding, several well-known cryptocurrency executives, including Gemini co-founders Cameron and Tyler Winklevoss, Coinbase co-founder Fred Ehrsam, and Coinbase CEO Brian Armstrong, have also directly donated to Moreno's campaign. Moreno claims that if elected senator, he hopes to provide "regulatory certainty" for the cryptocurrency industry.

ChainCatcher news, according to Tradingview data, Bitcoin's market share reached 59.92% around 03:35 this morning, setting a new high since March 31, 2021. Currently, Bitcoin's market share is at 59.54%.

ChainCatcher news, Cardano founder Charles Hoskinson has changed his stance on Bitcoin and announced that Cardano L1 will transform into Bitcoin L2.