[Italian Banking Sector Proposes Staggered Investment in Digital Euro Project] A senior official from the Italian Banking Association (ABI) stated that Italian banks support the European Central Bank's (ECB) digital euro project but suggest staggering the related investments to address the high costs. The ECB aims to strengthen the eurozone's monetary sovereignty through the digital euro, but some French and German banks are concerned that the project might encourage users to shift to the ECB's online wallet for daily payments, thereby reducing bank deposits. The ECB Governing Council decided at the Florence meeting on October 29-30 to advance the digital euro project to the next phase, with a pilot expected in 2027 and an official launch in 2029, provided that relevant EU legislation is passed by 2026.

1. Giant Whale opens 40 times leveraged Bitcoin multiple order, clearing price of $91612.7 2. Michael Saylor posts' ₿ uy Now 'supports Bitcoin 3. Powell says banks are free to offer Bitcoin services 4. The total inflow of funds into Bitwise Solana ETF exceeds $500 million 5. The Canadian Prime Minister claims that the economic relationship between Canada and the United States has come to an end 6. US court rules FBI not responsible for deleting 3443 BTC 7. Pakistan develops CBDC prototype and considers issuing stablecoins 8. The Crypto Panic and Greed Index drops to 20, hitting a seven month low The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/499077

[If Bitcoin Price Rises by 13.3%, $10 Billion in Short Positions Will Be Liquidated] According to a chart published by Cointelegraph, if the price of Bitcoin (BTC) rises by 13.3%, $10 billion worth of short positions will be liquidated.

Michael Burry, a well-known hedge fund manager, disclosed his huge short position on AI hot stocks after warning of the market foam. Palantir CEO expressed dissatisfaction with this. （Decrypt）

According to Crypto Quant data, whales have bought a total of 30000 bitcoins (BTC) in the past week. （Cointelegraph）