ChainCatcher News, according to data, Bitcoin has broken through $28,000 and is now priced at $28,858.39, with a 24-hour increase of 3.9%.

According to the latest report from CoinShares on October 16th, digital asset investment products saw a net inflow of $15.2 million last week, marking the third consecutive week of net inflows. Bitcoin investment products saw a net inflow of $16.4 million last week, while Ethereum investment products saw a net outflow of $7.4 million. Investment products shorting Bitcoin saw a net inflow of $1.7 million. In addition, Solana investment products saw another inflow of $3.7 million.

Bitcoin News announced on social media that Revolut, the UK's largest financial technology bank with over 30 million users, has launched a new version and added the Bitcoin symbol to its main menu.

The crypto market saw significant gains in prices on Monday, with most major cryptos in positive territory. Bitcoin was trading near $28,000, indicating renewed investor confidence in the crypto. Ethereum and XRP also saw gains, while meme coins like Dogecoin experienced a slight decrease in price. The broader crypto market rallied, with the global crypto market cap up 2.22% to $1.08 trillion and the fear and greed index at 41, suggesting a move towards a neutral phase. Pepe Coin, Stacks, Bitcoin SV, and eCash were among the top gainers for the day.

Bitcoin, the world's largest cryptocurrency, saw a strong upward movement over the weekend due to whale accumulation. The current Bitcoin price is trading at $27,241 with a market cap of $530 billion. Technical charts suggest that the recent breakout above $27,000 could lead to a move up to $27,800.

October 16th, BitVol (Bitcoin Volatility) index launched by financial index company T3 Index in collaboration with Bitcoin options trading platform LedgerX rose to 39, with a daily increase of 0.44%. BlockBeats Note: The BitVol index measures the 30-day expected implied volatility derived from tradable Bitcoin options prices. Implied volatility refers to the volatility implied by the actual option price.

According to the Wall Street Journal, the US government is one of the largest holders of Bitcoin in the world, but unlike other cryptocurrency giants, it is not concerned about whether the value of digital currency is rising or falling. This is because the approximately 200,000 Bitcoins held by the US government were confiscated from cybercriminals and the dark web market. These Bitcoins are mainly stored in encrypted, password-protected hardware wallets controlled by the Department of Justice, the Internal Revenue Service, or other agencies and are not traded online.

October 16th, according to DefiLlama data, the TVL of New Bitcoin City, a FT imitation project based on the Bitcoin Layer 2 network NOS, has reached 1.07 million US dollars.

Bitcoin's computing power broke the previous record on October 12, 2023. Measured by the 7-day simple moving average (SMA), it has soared to 455 exahashes per second (EH/s), which is impressive. From this perspective, on January 1, 2023, the computing power hovered around 261 EH/s. This means that in less than a year, it has leaped by 194 EH/s.

According to 1ML data, the current number of Bitcoin Lightning Network nodes is 14,906, a decrease of 8.2% in the past 30 days; the number of channels is 64,204, a decrease of 6.8% from a month ago; and the network capacity is 5,280.87BTC, an increase of 10% per month.

According to btc.com, the current number of unconfirmed transactions on the entire network is 10,517, and the number has decreased by about 77% since 00:00 on October 15.

Data released by Santiment shows that on October 14th, there were 16 new whale wallets holding 100-1000 BTC, reaching a new high since February 28th, 2022.

An organization calling itself the "Spartacus Plan" attempted to save tens of thousands of Afghan war logs released by WikiLeaks in July 2010 to the Bitcoin blockchain.

Anthony Scaramucci, founder of Skybridge Capital, recently shared his vision for the future of currency in an interview. He particularly emphasized the transformative power of Bitcoin, believing that its market value could reach $15 trillion.

According to Golden Finance, data shows that in the past 24 hours, 18,457.45 BTC have flowed out of exchange wallets, while in the past 7 days, 3,058.85 BTC have flowed into exchange wallets, and in the past 30 days, 9,892.06 BTC have flowed out of exchange wallets. As of the time of publication, the total balance of exchange wallets is 1,828,858.44 BTC.

October 15 Morning Highlights

Bitcoin’s months of sideways action have been uncannily similar to the previous two BTC market cycles, which saw a pivot in November leading up to a halving event.

According to btc.com, there are currently 5950 unconfirmed transactions on the BTC network, and the number has decreased by about 7% since 00:00 on October 14.

Cryptocurrency payment service provider BitPay has announced in an article posted on X that it will facilitate the use of cryptocurrency for the movie. Fans can visit the AMC website or use the mobile app and choose BitPay at checkout. Taylor Swift fans can now purchase tickets for the movie "Taylor Swift: The Time Traveler" using various cryptocurrencies, including BTC, ETH, DOGE, and SHIB. The movie premiered in theaters worldwide today, with presales reaching $100 million.

According to the marketing and commercial director of Ferrari, the company has started accepting cryptocurrency payments for its luxury sports cars in the United States and plans to expand the program to Europe based on demand from its high net worth clients.