A list of important developments at noon on October 31

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Cointime2024/10/31 04:22

By:Cointime

7:00-12:00 Keywords: Bitcoin white paper, US unemployment rate, Trump, Musk

1. The Bitcoin white paper has been released for 16 years;

2. The transaction fee for Bitcoin network trading has soared to over 400 satoshis/byte;

3. The US SEC has officially confirmed the application to convert GDLC into an ETF;

4. The US government has sold ANT seized from Alameda before the destruction of ANT tokens;

5. The potential candidate for Trump's cabinet finance minister will work with Musk to cut federal spending;

6. The Bitcoin market in South Korea has recently traded at a discount of 1%, the second time since September;

7. Musk has been asked to attend an emergency hearing in Philadelphia due to the "one million dollar lottery."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14