Federal Reserve: Overnight injection of $294 million into banks

1. Bitcoin fell nearly 5% in October, closing down for the first time in six years 2. Ethereum Fusaka upgrade to mainnet activation on December 3rd 3. New Hampshire delays review of cryptocurrency mining regulatory relaxation bill 4. Bitcoin production costs rise to $112084, putting pressure on mining companies 5. Musk claims that the design of X's new messaging application is inspired by Bitcoin 6. ARK Invest has invested over 2.15 billion US dollars in cryptocurrency, increasing its holdings to 2.27 million US dollars 7. Federal Reserve Governor Milan said that there may be another interest rate cut in December The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/497560

The current 4-hour cycle K-line shows that BTC price is below the EMA24 and EMA52 moving averages, and EMA24 is below EMA52, indicating a bearish trend in the medium to long term. Member indicators have detected strong support in the 109864-110068 region, but trading volume has shrunk to 28.43% of the average level, and market activity has significantly decreased, indicating that bulls are unable to counterattack. In addition, the divergence of the KDJ death fork further confirms the enhanced downward momentum. We need to pay attention to whether the support level of 109762.5 can stabilize in the near future. If it falls below, it may accelerate its downward trend to 107930. The upper resistance is at 110170, and a breakthrough requires confirmation of volume. Membership indicators help you accurately capture key support resistance and unlock more opportunities immediately! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.

[U.S. Government Shutdown Enters Day 32, Just 3 Days Away from Longest Record in History] Since October 1, the U.S. federal government shutdown has lasted for 32 days, making it the second-longest government shutdown in U.S. history, just 3 days short of tying the record of 35 days. This shutdown has had widespread impacts on American society, including disruptions to the salaries of over one million U.S. military personnel and food supply difficulties for approximately 42 million Americans in November. However, the deadlock between the two parties remains unresolved. U.S. Vice President Vance stated that the shutdown could last until late November.

The Bank of Malaysia has announced the launch of a three-year asset tokenization roadmap aimed at promoting fintech innovation and digital asset development, further enhancing the efficiency of financial services. （Cointelegraph）

[BlackRock IBIT Holdings Exceed 800,000 BTC] Official data from BlackRock shows that as of October 30, the IBIT holdings market value is $86.799 billion, with holdings reaching 802,810.65 BTC.