Analyst IT Tech pointed out that in the past 30 days, only 4.4% of BTC held for 6-12 months flowed into the exchange, far lower than the 40.4% in mid June. The monthly movement volume remained between 143700 and 216500 BTC, but the proportion flowing to the exchange decreased from 40.4% in mid June to 4.4% in mid October. High end buyers have basically stopped selling, reducing the resistance to price increases, but there is currently no significant new buying in the market.

According to federal court documents, Telegram provided specific users' phone numbers, user IDs, account display names, IP addresses, and timestamps to US authorities upon receiving a legal request. Telegram claims that providing data is voluntary and does not provide chat content or contact information. Starting from September 2024, Telegram will adjust its policy to disclose IP addresses and phone numbers when judicial authorities confirm that users are suspected of committing crimes. Throughout 2024, Telegram responded to 900 US law enforcement requests involving 2253 users. (Source: Court Watch, 404 Media)

On October 16th, BTC spot ETF had a net outflow of $82.39 million, ETH spot ETF had a net outflow of $69.68 million, XRP spot ETF had a net outflow of $2.47 million, and SOL spot ETF had a net outflow of $12.67 million.

ECB Managing Director Nagel stated that the fight against inflation is not yet complete and more action is still needed.

European Central Bank President Lagarde stated that fiscal sustainability is a key pillar of economic stability, and governments should abide by fiscal rules and promote fiscal consolidation. Lagarde reiterated that the economic outlook risk in the eurozone tends to be downward, while inflation risk tends to be upward, and believes that taking cautious and moderate measures to control inflation is an appropriate approach. (Source: Golden Ten Data)