Morning Bulletin - 31.10.2024

Microsoft shareholders have started voting on the company's proposal to invest in Bitcoin; this process will end in December.

MicroStrategy aims to buy more Bitcoin, raising $42 billion in funding over the next three years.

Canary has filed an ETF application for Solana.

Spot Bitcoin ETFs in the US received the second largest investment in their history yesterday, closing the day with $893 million in investments; the first was on March 12 with $1 billion. BlackRock was the day's top investor with $872 million, the largest ever for the company's IBIT ETF. Ether spot ETFs, on the other hand, received only $4.3 million.

At the time of writing, Bitcoin (BTC) is trading at $72,303 and Ethereum (ETH) at $2,649.

The fear and greed index is at a greed level of “66”.

Important developments during the day:

Harmony (ONE): V2024.3.1 fork will take place.