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BeingInvested Daily: Bitcoin Highs, MrBeast’s Secret Stash & BlackRock’s Big Bet

While Bitcoin flirts with new all-time highs, one of YouTube’s biggest stars might just be hiding a $13 million crypto bombshell. Yep, while everyone’s laser-focused on those green candles, there’s some jaw-dropping drama brewing behind the scenes with one of social media’s top influencers.

But first, here’s what you need to know in today’s crypto landscape:

Robinhood’s crypto revenue surged 165%.

BlackRock’s Bitcoin ETF raked in $875M in a single day. Are we seeing the start of serious institutional FOMO? 👀

• US BTC-ETF's now hold over 1 million Bitcoin

MicroStrategy unveiled a $42B Bitcoin strategy. What’s the endgame here? 💎

MrBeast’s alleged $13M crypto stash — true or just another internet conspiracy?

There’s a lot to unpack, so let’s dive into the headlines making waves today.


News & Project Updates

- Reddit Sells Majority of Crypto Holdings, Retains Small $ETH and $MATIC Reserve

- Kraken reduces 15% of employees

- 16 years ago, October 31, 2008, Bitcoin Whitepaper was published.

- Binance’s CZ: Prison Guards Asked Me Which Coins to Buy

- Current Presidential Election Odds and Forecasts as of October 30 at 12pm ET

- Coinbase Q3 2024 Earnings Highlights

- Elon Musk: Trump & DOGE to Fix Immigration System

- Jumper Exchange is Now Live on Bitcoin!

- Number of Monthly Mobile Crypto Wallet Users Hit an ATH of 29M in June 2024


Fundraising

- Alliance Games completed $5 million Series A funding.

- Glow, an Ethereum-based solar energy company completed $30 million in funding.

- Crusoe Energy, an AI infrastructure company, plans to raise ~$500 million.

- 81RAVENS, developer of the Web3 game PARAVOX, has completed $4.5 million in funding.

-Citrea completed $14 million in Series A funding led by Founders Fund. coindesk


Rekt Alerts

- 1inch Discovered potential threat in the 1inch dApp interface.

- Neo Warns: Suspicious App Access, Avoid Airdrop Links

- Sunray hacked by ~$2.85 million.


How Crypto Fuels Polymarket: The World’s Largest Prediction Market, Explained by Bitwise

Bitwise CIO Matt Hougan explains how crypto’s unique features have driven Polymarket’s rise to prominence. He covers:

> What Polymarket is

> What’s behind its global reach

> How crypto enhances the liquidity of its markets

> Why Polymarket serves as a model for future crypto applications

Source: Bitwise Investements


That’s a wrap for today, folks! As Bitcoin dances with new highs and social media’s biggest names dive deeper into the crypto world, it’s clear the stakes are only getting bigger. From institutional giants like BlackRock and Wellington to surprising moves from influencers, the crypto space is anything but dull. Keep an eye on those green candles—and maybe a few social media profiles. See you tomorrow for more twists and turns in the ever-evolving world of crypto!

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#web3#bitcoin#fundraising