A new unknown wallet withdraws 42 thousand Ethereum from the Binance platform worth 120 million dollars
The Whale Alert platform, specialized in tracking blockchain transactions, has recorded a massive withdrawal of 42,224 Ethereum from the Binance platform, valued at approximately 120 million dollars.
The transaction was executed today via a new and unknown wallet, at a time when Ethereum is experiencing a noticeable decline of 7.27% to 2,816.76 dollars.
In just a few weeks, the market capitalization of cryptocurrencies has shrunk from $4.22 trillion to approximately $3.43 trillion, a loss of nearly $790 billion — equivalent to a decline of about 18% in roughly one month 😱💣
📊 This drop has brought the market back to levels seen at the beginning of 2025, following a widespread correction that affected most major and alternative digital assets.
⚡️ A harsh correction, no doubt… but it may hold valuable opportunities to reposition and prepare for the next wave 💎
🇺🇸🤝🇨🇳 U.S. Treasury Secretary Scott Basset: A trade agreement between the United States and China within a week! 💥
Scott Basset announced that the United States and China are expected to sign a new trade agreement during the upcoming week, in a move that could ease economic tensions between the two largest economies in the world 🌍📈
U.S. Treasury Secretary Scott Piesen confirmed that the Bitcoin network has become more robust and resilient after 17 years since its launch, noting that it never stops.
His statement coincided with the seventeenth anniversary of Satoshi Nakamoto's publication of the white paper on October 31, 2008, which established the first decentralized digital currency with a maximum of 21 million Bitcoins.
🚨 Michael Saylor returns to raise the stakes again! 💥
The #Bitcoin king, founder of the "all or nothing" strategy, doubles down on cryptocurrencies 👀
🔹 His company MicroStrategy raises the yield on its preferred shares to 10.5% after weak demand, in an attempt to support financing and maintain the momentum of its historic bet on #Bitcoin 🔹 A bold move comes despite the stock dropping more than 45% from its peak in 2024
Project @Plasma is one of the initiatives aimed at improving scalability in blockchain networks through layer two solutions.
Its concept is based on processing a large number of transactions off the main chain, and then securely and reliably recording the results. This approach aims to reduce congestion and lower fees without compromising security or decentralization.
It is interesting to follow how $XPL will evolve and its role in system #Plasma as the use of decentralized applications expands.
U.S. President Donald Trump after his visit to China:
📌 Tariffs on China will decrease from 57% to 47% 📌 All issues related to rare earth metals have been resolved 📌 We discussed the issue of chips and they will reach out to Nvidia and other companies regarding chip procurement 📌 China intends to initiate a process to purchase U.S. energy
The @lineaeth network represents an important step in the development of Ethereum's infrastructure.
Thanks to its zkEVM-based solutions, it allows developers to easily migrate their applications while maintaining security and efficiency. Currency $LINEA is not just a token, but part of an ecosystem that aims to achieve a balance between speed, decentralization, and cost. #Linea
Larry Fink, the CEO of BlackRock 💼, said during the Future Investment Initiative (FII) 🌍 conference that financial assets will turn digital faster than we imagine ⚡️, urging central banks to consider the shift towards digital currencies 💰💻.
He pointed out that global focus is on artificial intelligence 🤖, while the role of technology in reshaping the financial system 🧠💡 is overlooked, emphasizing that the digital transformation of assets will be fast and global and will require early preparation 🚀🌐.
👀 Eyes are on the US Federal Reserve this week! 🇺🇸💥
📅 Wednesday, October 30 (Makkah time): 🕘 9:00 PM — Interest rate decision announcement 🕢 9:30 PM — Press conference of the Federal Reserve Chair Jerome Powell
📊 Markets expect a 98.3% chance of a 25 basis point rate cut, anticipating a dovish tone and a possible hint towards the end of the quantitative tightening (QT) phase ⚡️
The awaited night for US interest rates is approaching… 👇 Every word from Powell could move the markets