Over $466m was liquidated in the past 24 hours as Bitcoin hit a new all-time high of over $75,000, with a record $355m of the liquidations in short positions.✅@Money ⭐️Boosts

Bitcoin Breaks $74,000, Hits Another All-Time High*?*?*✅***@Money ⭐️Boosts

JUST IN: ?? T-Mobile’s parent company Deutsche Telekom to start mining Bitcoin using excess renewable energy ??

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Bitcoin demand surges as Trump wins, ETF buying risesBitcoin demand surges as Trump wins, ETF buying rises

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Florida Treasurer Calls for Retirement Funds to Invest in Bitcoin

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The total Bitcoin contract holdings on the entire network exceeded US$43 billion, setting a new record high‼️

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Following the Nigerian government dropping all charges against Binance executive, Tigran Gambatyan is released from the court. He had been detained in the country since February.

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The 11.5k Bitcoins transferred by Tesla are likely still owned by the company. The transfer, worth almost $780m, was likely just wallet rotations, as clarified by Arkham Intelligence.

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Polymarket will crack down on U.S. users since U.S. citizens aren't allowed to trade on the website.

The crypto betting site has become popular for political betting, specifically its Donald Trump vs. Kamala Harris poll, which already has nearly $2.3bn in volume.

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? **October 16, 2024 cryptocurrency news highlights

【Cryptocurrency】**JPMorgan has turned bullish on the crypto market for 2025, citing factors like Donald Trump's potential return to the presidency, which could support Bitcoin through regulatory changes.

Italy is reportedly planning to increase the capital gains tax on cryptocurrencies like Bitcoin from 26% to 42%.

【Economy】
Standard Chartered: Bitcoin has 12% upside potential before US election
【Indicators】
Bitcoin's market share hit 58.79% this morning, setting a new high since this bull market.?
【More】
?? Pro-Bitcoin Donald Trump takes biggest lead in the election so far, up by 14.2% in the odds according to Polymarket ?

According to Polymarket, Trump's chances of winning the election have risen to 58.1%, far ahead of Harris
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