23 oct: $31k incoming?

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Happy Monday Folks! Bitcoin is trading up at $30,643.77. More to come as the day unfolds but for now, let's get on with the news...

Over the weekend Bitcoin continued it's Uptober rally nearly hitting $31K but pulled back and once again attempted another run earlier this morning but it too appears to be stalling. Tone Vays said he didn't believe it would hit $32K.

Today, Bitcoin’s move above $30K represents a ‘shift in sentiment,’ analysts say. “While the ETF news was proven to be fake, there has been a clear shift in sentiment from ‘if’ to ‘when’ in terms of whether the SEC will approve any applications in the next few months,” Berkeley Cox, derivatives analyst at Zerocap told Blockworks. Bitcoin sees Lion’s Share of investment amid Spot ETF hype, according to CoinShares. 

Macro guru Raoul Pal says that retail investors have a chance to get ahead of venture capitalists and blue-chip investors before the crypto markets skyrocket.

The strongest evidence that Lopp found was that Hal Finney – an active man who loved running before his unfortunate diagnosis and subsequent death from ALS – was running a 10-mile race during the exact same timeframe that Satoshi Nakamoto was interacting with early Bitcoin developer Mike Hearn.

'Ethereum killer' Solana records 420% inflow surge during crazy 38% price rally.

Podcast of the Day: Crypto Winter Is Over (Says Morgan Stanley) | The Breakdown

Regulation and Society adoption

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