BTC falls below the $107000 mark

[SEGG Media Launches $300 Million Digital Asset Plan, Initially Focused on Bitcoin] Nasdaq-listed company SEGG Media announced the launch of a $300 million digital asset plan, with 80% of the funds allocated to building a multi-asset cryptocurrency reserve. Bitcoin has been chosen as the initial key asset to provide a stable foundational support. Additionally, the plan will include other digital assets such as ETH, SOL, and ZIG, aiming to further optimize yield performance through validator operations.

BBX News: Yesterday, the global institutional encryption layout showed a new trend: BTC Regular Investment Continued: South Korean Bitplanet (KOSDAQ: 049470) sees an increase of 9 BTC (1.08 million US dollars) per day, with a total holding of 119.67 BTC and a cumulative investment of 14.17 million US dollars Traditional finance breaks through: Mastercard (NYSE: MA) is in talks to acquire Zerohash, a cryptocurrency infrastructure company, with a transaction volume of up to $1.5-2 billion, strengthening stablecoin and tokenized payment capabilities - Significant strategic differentiation: listed companies focus on asset allocation, while financial giants lay out infrastructure The institutional encryption strategy has evolved deeply from "investment holding" to "ecological infrastructure". Source: bbx.com

[Whale Withdraws $5.13 Million Worth of PUMP Tokens from Binance] On-chain data shows that a whale address withdrew 1.05 billion PUMP tokens from Binance, with a total value of approximately $5.13 million. Currently, the wallet holds a total of 2.38 billion PUMP tokens, with a market value of approximately $10.65 million.

[Coinbase Increased Holdings by 2,772 BTC and 11,933 ETH in Q3] On October 31, Base co-founder Jesse Pollak stated on social media that Coinbase increased its holdings by 2,772 BTC and 11,933 ETH in the third quarter and plans to continue increasing its holdings.

[Russian Central Bank Governor: Stablecoins Can Be Used for International Settlements but Prohibited for Domestic Payments] Russian Central Bank Governor Elvira Nabiullina stated that Russia has the capability to issue stablecoins and supports their application in international settlements but firmly opposes their use for domestic payments. She emphasized that stablecoins can only be utilized within the experimental legal framework for foreign trade settlements. Meanwhile, Russia is creating conditions for the application of stablecoins in international settlements and attracting foreign investment, as well as drafting relevant amendments to promote the legalization of cryptocurrency investments. Artem Sheikin, Deputy Chairman of the Senate Committee on Digital Economy Development, called for the establishment of issuance and regulatory rules for stablecoins denominated in rubles, arguing that this move holds strategic significance for enhancing the ruble's position in the digital economy sector. Currently, the legal status of stablecoins remains unclear, hindering the issuance of ruble-denominated stablecoins.