1.Spain to implement EU crypto asset market law in December 20252.dYdX Chain Goes Live, Launches Bridging UI for Token Conversion3.Bitcoin Profit Addresses Number at 39.1 Million, Record High4.SushiSwap Community Launches Governance Reform Proposal, Proposes to Put DAO Back in Control of Governance5.SINOHOPE and Alpha Blockchain Capital Partner to Launch 100% Virtual Asset Investment Fund6.Solana Foundation: Firedancer, a node validator developed by Jump Crypto, has gone live on the test network7.Nansen: FTX has transferred a total of $156 million worth of crypto assets in recent days

Bulgarian football club Botev Plovdiv FC has adopted Bitcoin and the Lightning Network, and has joined the decentralized protocol NOSTR. Fans can use Bitcoin for peer-to-peer payments at the Botev Plovdiv football club's fan shop and during matches of the Bulgarian top league, the Bulgarian Parva League. The club also plans to expand Bitcoin payment methods for ticketing and its online store.

On October 31, The Block reported that the Bitcoin Wikipedia page had reached 13,490 views on October 24, setting a new high since June 2022. Rebecca Stevens, a researcher at The Block Research, said that the increase in Bitcoin prices last week and news about the possible approval of a physical Bitcoin ETF may have stimulated the increase in page views.

15 years ago, Satoshi Nakamoto published the Bitcoin white paper "Bitcoin: A Peer-to-Peer Electronic Cash System" on the P2P Foundation website, which forever changed the financial world. The Bitcoin network was officially launched on January 3, 2009, with an initial trading price of 0.0008 US dollars. Today, Bitcoin has gradually appreciated more than 43 million times since its launch.

The pageviews of the Bitcoin Wikipedia page surged last week to the highest level since mid-2022. According to data from The Block dashboard, the pageviews of the Bitcoin Wikipedia page on October 24 reached 13,490, the highest since June 2022. The Block Research analysts stated that the increase in pageviews may have been stimulated by the good news of BTC's rise and the possibility of approval for a spot Bitcoin ETF.

According to Galaxy Research data , 83% of Bitcoin's supply was last transferred when the price was lower than it is now, and nearly 70% of the supply has not been transferred for over a year.

On October 30th, according to Mempool data, Bitcoin experienced a mining difficulty adjustment at 11:53 today (block height 814,464), with mining difficulty increasing by 2.34% to 62.46T, reaching a new historical high.

According to Whale Alert data, 1517 BTC (approximately $52,009,789) was transferred from a Bybit address to an unknown wallet.

According to data from Tongbuke, on October 30th, the correlation coefficient between Bitcoin and cross-asset prices is as follows: The 30-day correlation coefficient between Bitcoin and the S&P 500 is 0.28, with a weekly cumulative decline of 0.02. The 30-day correlation coefficient between Bitcoin and gold is -0.177, with a weekly cumulative decline of 0.003. The 30-day correlation coefficient between Bitcoin and the US dollar is -0.31, with a weekly cumulative decline of 0.13. Note: 1. A positive correlation coefficient value indicates a positive correlation; a negative value indicates a negative correlation. 2. A correlation coefficient value ≤ 0.5 indicates a low degree of correlation; 0.5 to 0.8 indicates a significant correlation; ≥ 0.8 indicates a high degree of correlation.

Nayib Bukele, a Bitcoin advocate and the president of El Salvador, received strong public support after being officially nominated for re-election by his party on October 26th. He has now submitted paperwork to run for president again in the country's upcoming 2024 elections in February. Bukele stated that we need five more years to continue improving our country.

On October 30th, the BitVol (Bitcoin Volatility) Index, launched by financial index company T3 Index in collaboration with Bitcoin options trading platform LedgerX, rose to 56.66, with a daily increase of 6.52%.  

According to on-chain analyst Ali's monitoring, last week Bitcoin whales accumulated over 30,000 BTC, worth about $1 billion, in just five days. In addition, IntoTheBlock data shows that institutional investor trading activity is also increasing, with the number of Bitcoin trades worth over $100,000 reaching a peak not seen since 2023. Analysis suggests that the current Bitcoin market value-to-realized value (MVRV) ratio is around 150%, while the historical peak has exceeded 300%, indicating that there is still room for the market to rise. 

According to BitInfoCharts data, a total of 12,598.88 BTC (approximately $434 million) has been transferred to the bitcoin whale address starting with bc1qvh since January this year, with a paper profit of over $96.82 million.

According to data tracking service Whale Alert, Binance US transferred 1,105 BTC worth approximately $38,199,041 to a cold wallet address starting with "1NASoG" at around 8:06 AM Beijing time.

Michael Saylor, the founder of MicroStrategy, stated in a recent article discussing Bitcoin's dominance that when people examine the cumulative returns brought by Bitcoin, its outstanding performance becomes apparent. In a total asset return table shared by Saylor, Bitcoin's return rate reached an astonishing 1,120,785% from 2011 to 2023, equivalent to an annualized return rate of 147.5%, a staggering number. Compared to traditional asset classes such as the US Nasdaq 100 Index or US large-cap stocks, these numbers are impressive, as both assets, while performing strongly themselves, fall far behind Bitcoin's return rate. According to the shared data, the US Nasdaq 100 Index has risen 613% since 2011, while US large-cap stocks have risen 315%.

Bitcoin News claimed on social media that a Bitcoin whale has purchased over 30,000 BTC (worth $1 billion) in the past 5 days.

Due to concerns about an impending recession in the US economy, the S&P 500 index, a major US stock market index, has fallen more than 10% from its peak of 4,577 points on July 31st. The Dow Jones Industrial Average fell 1.7% in the last week of October 2023, slightly below 32,420 points. This week, the 10-year US Treasury yield broke the 5% mark for the first time since 2007. In addition, more and more investors seem to be turning to gold as a "safe haven" for US Treasury bonds. The commodity rose to $2,000 per ounce for the first time since May, and Bitcoin broke the $35,000 mark for the first time since March 2022. Economists warn that the rise in US Treasury yields will eventually make them more attractive than stocks. When this happens, it will stimulate capital to flow from stocks to US Treasury bonds, leading to a lack of important investment funds for businesses and contributing to higher borrowing costs.

1ML data shows that the current number of Bitcoin Lightning Network nodes is 14,600, a decrease of 5.33% in the past 30 days; the number of channels is 62,926, a decrease of 2.2% from a month ago; the network capacity is 5,262.87BTC, an increase of 19% per month.

Cryptocurrency analyst Ali revealed that data shows in the past five days, Bitcoin whales have accumulated over 30,000 BTC, worth about $1 billion. According to IntoTheBlock data, institutional investor trading activity is also increasing, with the number of Bitcoin transactions worth over $100,000 reaching its peak within 2023. Analysis suggests that the current Bitcoin market value to realized value (MVRV) ratio is about 150%, while the historical peak was over 300%, indicating that there is still some room for the market to operate.

Peter Schiff, founder of Euro Pacific Capital, is bearish on all cryptocurrencies. The expectation of a rise in Bitcoin spot ETF has not changed his stance. Schiff stated that the final approval by the U.S. Securities and Exchange Commission will end the rise of Bitcoin spot ETF. Once BTC is actually approved as a spot ETF product, the rise will lose momentum. He also pointed out that cryptocurrency traders may start selling and taking profits before the U.S. Securities and Exchange Commission approves. When asked the question "How much Bitcoin do you own?" in the subsequent X topic, Peter Schiff replied, "None."