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Bitcoin (BTC) slipped toward $71,000 during the Wall Street open on Oct. 31, as new U.S. macroeconomic data failed to stimulate an upward move in BTC’s price. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retracing, down about 1.6% on the day. The September release of the Personal Consumption Expenditures (PCE) index largely aligned with expectations, delivering no major surprises. Despite this, crypto markets showed little reaction. “Both core PCE and CPI inflation remain elevated and stubborn,” observed trading resource The Kobeissi Letter on X. “The ‘Fed pivot’ is being delayed again.” The reference here is to potential future
CryptoIntelligence
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Whales Move $8.98 Million in ENA from Binance: ARCA and Mysterious Address Withdraw 24.26 Million ENA
According to an analysis by on-chain data specialist Yu Jin on November 1, significant movements were observed in the cryptocurrency market as two institutional addresses executed substantial withdrawals from Binance. CryptoIntelligence
Crypto Firms Disproportionately Targeted Through Deepfake Fraud
Crypto Firms Disproportionately Targeted Through Deepfake Fraud In a concerning development for the cryptocurrency sector, a recent report by Regula, a leading forensic services company, has highlighted that crypto firms are among the most affected by deepfake fraud this year. As reported by CryptoSlate, the study examined seven key industries—financial services, cryptocurrency, technology, telecommunications, aviation, CryptoIntelligence
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