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[Weekly Crypto] 2024.11.04


1️⃣ Bitcoin teases all-time high days from presidential election

Crypto bulls predict Bitcoin will reach a new all-time high, previously set in March, within the days leading up the election.

2️⃣ Bitcoin ETFs Record $870M Inflows as BTC Flirts With Lifetime Highs

BlackRock’s IBIT recorded over $629 million in single-day inflows as the asset neared lifetime highs on Tuesday, ahead of next week’s U.S. elections.


3️⃣ Companies without a crypto wallet will be left behind

Wallets can be a gateway to a multitude of functionalities that will expand businesses.


4️⃣ UBS launches tokenized money market investment fund on Ethereum

UBS joins BlackRock and Franklin Templeton in exploring the tokenization of real-world assets by offering such funds.


5️⃣ US Treasury: Blockchain can improve financial system

The US Treasury is especially keen on distributed ledger technology for payments, settlement and clearing.



 


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