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Binance Market Update overview for October 28, 2024.
altcoins

Binance Market Update: Cryptocurrency Trends for October 28, 2024

Explore the latest updates in the cryptocurrency market for October 28. Bitcoin price movements, market cap data, and major news involving Bitcoin's role in the economy and emerging altcoins.

BitcoinGraph showing Bitcoin address distribution over 1 BTC

Over 1 Million Addresses Hold More Than 1 BTC, Says David Cox

A tweet by David Cox reveals that 1,013,190 addresses currently hold over 1 Bitcoin, representing 1.9% of total addresses. Explore this significant milestone in Bitcoin ownership.

BitcoinChart showing inflows of digital asset investment products including Bitcoin and Ethereum.

Digital Asset Investment Products Boosted by $901 Million Inflows

Recent reports reveal significant inflows into digital asset investment products, totaling $901 million last week. This surge contributes to 12% of total assets under management for the month, mark...

BitcoinGraph showing inflows in digital asset investment products for Bitcoin, Ethereum, Solana, and blockchain equities.

Digital Asset Investment Products Experience $901 Million Inflows

CoinShares reports a significant $901 million net inflow in digital asset investment products last week, representing 12% of total AUM. Bitcoin leads with $920 million inflows, while Ethereum sees ...

BitcoinBlackRock voting on Microsoft Bitcoin acquisition proposal.

BlackRock Set to Vote on Microsoft’s Bitcoin Acquisition

BlackRock, holding a 7% stake in Microsoft, is set to vote on a proposal for Microsoft to acquire Bitcoin. This involvement reflects BlackRock's active role in corporate governance and shareholder ...

AltcoinMatrixport report on South Korea's low altcoin trading volume

Matrixport Report Shows Decreased Altcoin Trading Volume in South Korea

Matrixport's latest report reveals that South Korea's altcoin trading volume is currently low, suggesting a tough rebound for altcoin prices. With Bitcoin's funding rates and trading volumes also d...