Bitcoin Market Watch: Nvidia Earnings, Fed Minutes and Payrolls to Set The Tone

[New Address Withdraws 10 Million STRK from Binance] According to Arkham monitoring, approximately five minutes ago, a new address withdrew 10 million STRK from Binance, valued at around $2.5 million.

[Abu Dhabi Investment Authority's Bitcoin ETF Holdings Increase to 8 Million Shares in Q3] The Abu Dhabi Investment Authority expanded its holdings of Bitcoin Exchange-Traded Funds (ETFs) to nearly 8 million shares in the third quarter, more than tripling from 2.4 million shares three months ago. As of September 30, these holdings were valued at approximately $518 million, involving the BlackRock iShares Bitcoin Trust ETF. This information was disclosed by a subsidiary independently operated by the sovereign wealth fund Mubadala Investment Co.

BlackRock has recently reduced its BTC and ETH holdings, selling 12097 BTC (approximately $111 million) and 172049 ETH (approximately $533 million) in the past 3 days. （Lookonchain）

[BlackRock Reduced Holdings of 12,000 BTC and 172,000 ETH in the Past 3 Days] According to monitoring by Lookonchain, BlackRock reduced holdings of 12,097 BTC (approximately $1.11 billion) and 172,049 ETH (approximately $533 million) over the past 3 days.

[UK Government Budget May Be the Key Factor Before Bank of England Rate Cut] ICAEW Economic Director Suren Thiru stated that the UK government budget is the final hurdle before the Bank of England cuts interest rates. He pointed out that the budget's impact on inflation is complex; raising taxes may suppress demand and thereby reduce inflation, but rising business costs could push prices higher. Thiru believes that conditions for a rate cut in December are gradually forming, but Bank of England policymakers need to assess the impact of budget policies before deciding whether to ease further.