unfolded.

new ฿ all time high: $80,076

Tether Trade Finance completes funding of first Middle Eastern crude oil transaction — link

Detroit will become the largest US city to accept crypto to pay taxes and fees — link | tl;dr

FTX fraudster Caroline Ellison reports to Connecticut prison to begin 2-year sentence — link | tl;dr

CME's BTC futures saw an all-time high daily trading volume of $13.15bn yesterday.

2024s average daily trading volume in CME's BTC futures currently sits at $4.56bn. This yearly ADV is higher than the massive volume surge amidst FTX's Nov 8, 2022 collapse — link

Donald Trump has been elected the 47th president of the United States: AP — link

NEW ฿ITCOIN ALL TIME HIGH: $75,080

Medical device company Semler Scientific added 47 Bitcoins to holdings, bringing stack to 1,058 coins — link | tl;dr

Cartwright, an UK pension advisor, announced a 3% Bitcoin allocation ($59m) into the investment portfolio of a pension scheme.

It is the first of its kind in the country — link | coindesk | tl;dr

Digital asset investment products saw inflows of $2.2bn last week, bringing year-to-date inflows to a record breaking $29.2bn.

Bitcoin saw inflows of $2.2bn while Ethereum saw $9.5m in inflows — link

Singapore pushes for commercialization of tokenization — link | tl;dr

Tether reports $2.5B profit in Q3, holds over $100B of U.S. Treasuries — link | tl;dr

BlackRock (IBIT) registered  BTC flows for +875.0 m, the largest inflow recorded since launch — link

Robinhood's Q3 crypto trading volumes increase to $14.4 billion, more than double from last year — link | tl;dr

The average cost to produce one Bitcoin across all listed miners is now $49,500 based on Q2 data, compared to $47,200 in Q1 — link | tl;dr

Coinbase announces $1 billion share buyback as it reports Q3 earnings — link | tl;dr

Microstrategy announces goal to raise $42 billions over next 3 years to buy BTC — link | coindesk | tl;dr

US Treasury says stablecoin growth is increasing demand for T-bills — link | tl;dr

new ฿ daily high: $73,099