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Spot Bitcoin ETF Inflows Resume, Top $192M
Spot Bitcoin ETF Inflows Resume, Top $192M

HappyCoinNews·2024/10/25 19:33
The Daily: Microsoft set to vote on bitcoin investing, MicroStrategy 'highly unlikely' to be forced to sell its holdings and more
The Daily: Microsoft set to vote on bitcoin investing, MicroStrategy 'highly unlikely' to be forced to sell its holdings and more

Tech giant Microsoft, with a market cap of over $3 trillion, is apparently considering investing in bitcoin, according to a Securities and Exchange Commission filing on Thursday.Analysts at BitMEX Research argued it’s “highly unlikely” that MicroStrategy will be forced to sell its bitcoin holdings due to its current debt structure, though “anything is possible.”Deribit CEO Luuk Strijers noted that bitcoin call options are double the number of put options set for the Nov. 8 expiry, signaling bullish sentime

The Block·2024/10/25 17:44
Flash
  • 17:26
    Stablecoin market capitalization increased by 0.67% over the past week
    According to Jinse Finance, DefiLlama data shows that the total market capitalization of stablecoins increased by 0.67% over the past week, now standing at $253.238 billion. Among them, USDT's total market capitalization grew by 1.03% to $158.304 billion, accounting for a market share of 62.51%.
  • 16:50
    Altcoin Season Index Rises to 21
    According to Jinse Finance, on June 29, Coinmarketcap data shows that the Altcoin Season Index is currently at 21, up 2 points from yesterday (which was 19). The index indicates that in the past 90 days, about 21 projects among the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin, meaning the market is still in a Bitcoin-dominated season. It is reported that the CMC Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. The index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.
  • 16:14
    Report: European Crypto Cards Surpass Traditional Banks in Small Payments
    According to ChainCatcher, citing a report shared by Cointelegraph, CEX.IO revealed that 45% of crypto card transactions in Europe are under 10 euros (approximately $11.7), surpassing traditional banks in the small payment sector that has traditionally been dominated by cash. The report notes that the number of newly issued CEX.IO crypto cards in Europe grew by 15% in 2025, indicating rising user interest as more Europeans turn to digital assets for everyday payments. Online transactions account for 40% of crypto card usage, nearly double the eurozone average of 21% reported by the European Central Bank. Spending patterns among crypto cardholders show that they are using their cards for daily expenses, with groceries making up 59% of purchases and dining and bar spending accounting for 19%. Notably, the average transaction amount for crypto cards is 23.7 euros ($27.8), lower than the 33.6 euros ($39) for bank cards. The data also shows that stablecoins support 73% of transactions, while major cryptocurrencies such as Bitcoin, Ether, Litecoin, and Solana are also used for groceries, dining, and transportation payments.
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