We have collectively become thrill-seeking Degens, shuttling between various Ponzi schemes like squirrels on espresso.

According to Cointelegraph, Bitcoin (BTC) is experiencing potential selling pressure as the dollar value of long-term holders' (LTHs) BTC exposure decreases significantly. New research by onchain analytics platform CryptoQuant indicates that while seasoned hodlers are reducing their risk, speculators are stepping in to increase their stakes in BTC. CryptoQuant's analysis of the net position change of LTH entities, defined as those holding BTC for 155 days or more, shows a sharp decrease in their BTC exposure. The LTH realized cap has dropped by $6 billion, from $19 billion to $12 billion, suggesting that long-term holders are likely taking profits or closing buying positions. This trend is highlighted by contributor Amr Taha in one of the platform's Quicktake blog posts. In contrast, short-term holders (STHs), who hold BTC for up to 155 days, are increasing their market activity. The STH realized cap has seen a sharp increase of $6 billion, moving from -$17 billion to -$11 billion, indicating that these speculators are taking on more risk or increasing their buying positions. Additional findings from CryptoQuant confirm a close interaction between the realized price of all BTC moving between one day and one week ago and the Bitcoin spot price. At the time of writing, the one-day to one-week realized price was $62,080, nearly identical to the spot BTC/USD price. This close interaction suggests that traders are closely monitoring this level, and multiple rejections at this price point could imply weakening momentum, potentially leading to short-term corrections. Earlier reports from Cointelegraph noted a recent surge in exchange withdrawals, marking Bitcoin's largest since November 2022, during the last bear market. This article does not provide investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making decisions.

According to Foresight News, data from Alternative.me indicates that the Cryptocurrency Fear and Greed Index has risen to 50 today. This marks an increase from yesterday's index of 49, which was also in a neutral state. The current index suggests that the market remains in a neutral position.

According to Lookonchain monitoring, from October 3 to 4, a whale spent 1,360 ETH (worth about $3.24 million) to buy 909,000 EIGEN at an average price of 3.56 USDT. The whale sold 772,000 EIGEN (worth about $2.39 million) at an average price of 3.1 USDT 3 hours ago. Currently, it holds 139,800 EIGEN (worth about $449,000) and has lost $407,000.

As 'Money Electric: The Bitcoin Story' nears release, speculation about Satoshi Nakamoto's identity resurfaces, with Adam Back insisting HBO is wrong source: https://u.today/no-one-knows-who-satoshi-is-adam-back-ends-hbo-hype

Billionaire and Shark Tank star Mark Cuban is blasting U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler for his approach toward regulating the crypto industry. In a new interview on the All-In Podcast, Cuban says that Gensler only relies on the 1946 case of SEC v. W. J. Howey Co. when classifying crypto assets […] source: https://dailyhodl.com/2024/10/06/mark-cuban-says-ftx-and-three-arrows-capital-would-still-be-operating-if-gary-gensler-had-done-the-right-thing/

According to Cointelegraph, the United Arab Emirates (UAE) has introduced amendments to its value-added tax (VAT) regulations, exempting transfers and conversions of digital assets, including cryptocurrencies. The UAE’s Federal Tax Authority (FTA) published these changes on October 2, with the new rules also covering VAT exemptions for managing investment funds and other virtual asset services. These exemptions will be applied retrospectively from January 1, 2018, as noted by business consultancy PwC. PwC explained that in the UAE, virtual assets are defined as representations of value that can be digitally traded or converted and used for investment purposes, excluding fiat currencies and financial securities. The auditing firm advised businesses dealing with virtual assets to review their retrospective VAT positions and pay special attention to input tax recovery. UAE-based bookkeeping and tax company Finanshels highlighted that input VAT recovery allows registered businesses to claim back VAT paid on eligible business purchases. PwC also mentioned that correcting historic returns might require voluntary disclosures from virtual asset companies. In addition to VAT exemptions, the UAE has been enhancing its regulations on virtual assets. On September 9, Dubai’s Virtual Asset Regulatory Authority (VARA) and the Securities and Commodities Authority (SCA), the UAE’s federal financial agency, agreed to mutually supervise virtual asset service providers (VASPs). This agreement allows VASPs operating in Dubai to acquire a license from VARA and service the wider UAE by being registered with the SCA by default. Furthermore, VARA has tightened its rules on crypto marketing. On September 26, the regulator mandated that firms promoting digital asset investments include a prominent disclaimer stating that virtual assets may lose their value in full or in part and are subject to extreme volatility.

Amendments to the United Arab Emirates’ Value Added Tax (VAT) regulations will exempt the transfer and conversion of virtual assets, including cryptocurrencies. PwC said the new rules include VAT exemptions for additional services, including the management of investment funds and the transfer and conversion of virtual assets. Finanshels said input VAT refunds allow registered businesses to claim back VAT they have already paid on qualifying business purchases. (Cointelegraph)

1. Telegram launches the "Gifts" feature, limited edition gifts can be exchanged for NFTs based on the TON network; 2. Zhu Su: Sold TON at a loss and bought TRUMP; 3. Vitalik's marked address transferred a total of more than 13.2 billion ITOs to Uniswap and other addresses yesterday; 4. An address transferred 114,000 SUIs from Binance to purchase HIPPO; 5. The giant whale sent $27 million worth of WBTC to Amber Group; 6. 50 million USDT was transferred from an unknown wallet to Binance.

The UAE has exempted cryptocurrency transfers and conversions from value-added tax, positioning itself as a more crypto-friendly jurisdiction for digital asset transactions. source: https://cointelegraph.com/news/uae-exempts-crypto-transfers-conversions-from-vat?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

10月と第4四半期に入ると、市場はすでに回復を始め、多くの暗号資産に利益をもたらし、一部のアルトコインは新たな最高値を記録しました。 BeInCryptoは過去7日間で最もパフォーマンスが良かったアルトコイン上位3つを分析し、その中には今週新たな最高値を形成したソラナのミームコインPOPCATも含まれています。 FTXトークン（FTT） FTXのネイティブトークン、FTTは市場を驚かせ、トップ100の主要なアルトコインを上回りました。FTTは週間で95%上昇し、現在の取引価格は2.72ドルです。この劇的な上昇は、トレーダーと投資家の注目を集めています。 このラリーは、債権者への返済開始に関する噂によって主に推進されました。10月7日に配布計画の聴聞会が予定されており、強気のセンチメントが続くと予想され、さらなる価格上昇を促す可能性があります... source: https://jp.beincrypto.com/biggest-altcoin-gainers-first-week-october/

This week, 10 projects received funding, with the largest round of funding, SecondLive, receiving $12 million. LAYER raised $6 million in its seed round. Eight projects, including Yuanbi Technology, which issues the HKDR stablecoin, received other rounds of funding.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry dynamics.

Recently, there have been rumors in the community that the HBO documentary that will premiere next week may reveal the true identity of Satoshi Nakamoto, the creator of Bitcoin.

EigenLayer, project, hacker attack, security vulnerability, a hacker incident accidentally revealed the veil of EigenLayer. Golden Finance, a grass-roots troupe performs a big show.

On Saturday, October 5, Trump returned to the shooting site in Butler, Pennsylvania, to campaign for the election. Less than three months ago, Trump was shot in the right ear by a sniper while giving an election speech here.

In today's complex and changing economic environment, the accumulation of market bubbles has become an important factor affecting economic stability and sustainable development. In order to meet this challenge, our 142 protocol proposes an optimization framework.

Since the beginning of 2024, the crypto market as a whole has lacked innovative narratives compared with previous years. Although various new technologies and new tools have emerged one after another, except for a few popular sectors, most of them have performed mediocrely.

HBO's new documentary will reveal who is Satoshi Nakamoto, and currently Polymarket generally predicts that Len Sassaman is likely to be Satoshi Nakamoto. So who is Len Sassaman?

Golden Finance launched the 2469th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.