BTC breaks through the $110000 mark

[California Congressman Ro Khanna Proposes Ban on Politicians Issuing and Trading Digital Assets] California Democratic Congressman Ro Khanna has introduced a resolution supporting a ban on presidents, vice presidents, members of Congress, public office candidates, public officials, senior executive branch employees, and their immediate family members from issuing, sponsoring, or endorsing digital assets, including cryptocurrencies, stablecoins, NFTs, and more. Additionally, the resolution requires elected officials and their immediate family members to transfer digital assets to a blind trust and prohibits access to them during candidacy, tenure, and for two years after leaving office. It also mandates full disclosure of all cryptocurrency transactions. Given the Republican majority in the House of Representatives, the resolution is unlikely to pass, and even if it does, legislative procedures would still be required to incorporate its content into law.

[Hengyue Holdings Increases Holdings by 6.12 Bitcoins and Plans to Launch Prepaid Bitcoin Card] On November 1, Hong Kong-listed company Hengyue Holdings purchased 6.12 bitcoins for HK$5.242 million, increasing its total bitcoin holdings to 35.6 bitcoins. In addition, Hengyue Holdings plans to launch a prepaid bitcoin card and expand prepaid products to certain Asian markets through collaboration with local distributors.

[Suspected Bitmine or SharpLink Address Increased Holdings by 9,272 ETH] On November 1, according to Onchain Lens monitoring, approximately 40 minutes ago, a newly created wallet received 9,272 ETH worth $35.77 million from Galaxy Digital. The address may belong to Bitmine, the largest Ethereum holding institution, or SharpLink, the second-largest Ethereum holding institution.

According to AiCoin monitoring, a large amount of funds flowed out of the US spot BTC ETF market yesterday, with a net outflow of up to $179 million. Among them, ARKB was the largest outflow, with a daily net outflow of $0 million; Next is BTCO, with a total of 0 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

[George Cottrell, Reform UK Adviser, Linked to Trump-Related Polymarket Bets] George Cottrell, a key adviser to Reform UK leader Nigel Farage, has been revealed to have connections to multiple Trump-related bets on Polymarket. Cottrell was previously convicted of wire fraud in the United States. Farage's team describes him as an 'unpaid volunteer,' but Cottrell frequently accompanies Farage on campaign activities. Accounts linked to Cottrell have placed bets on Polymarket predicting Trump winning the election and are currently betting on the event of 'Trump shaking hands with Chinese President Xi Jinping for 6 to 10 seconds.' Farage has shown an increasingly open attitude toward cryptocurrency, calling Reform UK the 'only hope' for the crypto industry.