During the week of October 5 to 9, spot Bitcoin ETFs experienced a net outflow of approximately $681 million. Simultaneously, spot Ether ETFs saw a net outflow of about $542 million.

During the week of October 5 to 9, spot Bitcoin ETFs experienced a net outflow of approximately $681 million, while spot Ether ETFs saw a net outflow of around $542 million.

Transactions involving whales and institutions:

1. Wallets associated with the Ethereum Foundation transferred an additional 4,393 ETH, equivalent to approximately $11.13 million, to Kraken.
2. An individual named Keith sold 410.14 BTC, valued at around $34.16 million, on Hyperliquid and subsequently acquired 14,341 ETH, worth approximately $36.14 million, on a decentralized exchange.
3. A newly created wallet withdrew 600,007 UNI tokens, amounting to roughly $4.61 million, from Binance.

RSR is now available on Upbit’s spot market (KRW). upbit.com #Upbit #Listing
⏱️ Time (UTC): 04:54:10.546

(No transaction fees) feed.bithumb.com #Bithumb #Listing
⏱️ Time (UTC): 04:55:00.948

Today's cryptocurrency market update.

Current update on the cryptocurrency market.

The IMF forecasts that artificial intelligence will displace 40 percent of all jobs.

The International Monetary Fund predicts that artificial intelligence will displace approximately 40 percent of all employment opportunities.

The market capitalization of tokenized real-world asset shares has reached a new peak of $3.9 billion. BNB Chain dominates the landscape with $1.2 billion, trailed by Ethereum at $841.9 million and Solana at $741.7 million. Collectively, these three blockchain networks represent roughly 70 percent of the total market.

The market capitalization of tokenized shares based on Real World Assets (RWA) has reached a new peak of $3.9 billion. BNB Chain commands the largest share with $1.2 billion, trailed by Ethereum at $841.9 million and Solana at $741.7 million. Collectively, these three platforms constitute roughly 70 percent of the total market.

New update available at feed.bithumb.com #Bithumb #Listing
⏱️ Time (UTC): 08:55:06.997

Standard Chartered has launched custody services for Ripple's RLUSD on the XRP Ledger. theblock.com

KGEN (KGEN) has been officially listed on Bithumb. Further information is available at feed.bithumb.com.

Kraken, the cryptocurrency exchange, plans to establish operations in the United Arab Emirates after securing full regulatory approval.

The liquidity of ETH on Binance has dropped to its lowest level in seven months. A decline in reserves may indicate that ETH is being transferred to wallets outside the exchange, potentially leading to a diminished supply available for sale if this trend continues.

The #BTC strategy purchased 249 Bitcoin last week.

Bitmine has acquired 12,532 ETH in the past week.

Glassnode report: The influx of new capital into Bitcoin persists. Monthly changes in realized market capitalization and the share of "hot" capital remain above historical peak levels. Although profitability has declined alongside price, it remains notably high. Currently, over 70 percent of the supply is in profit, with profit realizations among short-term holders reaching record levels. The recent price correction was primarily driven by day traders and ETF investors, yet new capital continues to flow into the blockchain, and most holders remain in profit.

Glassnode report: The influx of new capital continues unabated. Monthly fluctuations in realized capitalization and the share of "hot" capital remain above their historical peaks. Despite a decline in profitability alongside the price correction, levels stay elevated; over 70% of the supply is still in profit. Profits from short-term holders and realized profit bookings have reached record highs. Overall, the recent downturn was primarily driven by day traders and ETF holders, yet fresh capital continues to flow into the market, and most investors remain profitable.