A digital art collection of Elvis Presley, “Elvis Side $Btc,” has been minted by OrdinalsBot and IP project Royalty. Source: https://www.coindesk.com/tech/2024/10/17/jailhouse-block-elvis-digital-art-collection-inscribed-on-the-bitcoin-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so. Source: https://www.coindesk.com/markets/2024/10/17/four-reasons-elon-musks-tesla-may-have-moved-760m-of-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ireland is currently in a race against time to overhaul its cryptocurrency regulations before the European Union’s new Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) legislation …

Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking. Source: https://www.coindesk.com/markets/2024/10/17/ongoing-profit-taking-could-slow-bitcoins-move-to-record-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

All airdrop recipients have the option to claim 50% at the token generation event (TGE), 50% six months later, or 80% at TGE minus a 20% penalty. Source: https://www.coindesk.com/markets/2024/10/17/debridge-token-goes-live-with-dbr-airdropped-to-491k-wallets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Buterin’s roadmap aims to keep Layer 1 decentralized, ensure Layer 2s inherit Ethereum’s core values, and enhance seamless interoperability across chains. Source: https://www.coindesk.com/tech/2024/10/17/vitalik-buterin-wants-ethereum-to-hit-100k-transaction-per-second-with-rollups/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Kaiko pointed to a notable drop in 2% BTC market depth on Coinbase in a report early this week. Source: https://www.coindesk.com/markets/2024/10/17/coinbase-says-bitcoin-liquidity-on-exchange-unfazed-after-secs-lawsuit-against-cumberland/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A note from Kalshi’s market research team suggests the prediction market – polls gap can be explained by Harris’ sliding popularity with key demographics. Source: https://www.coindesk.com/markets/2024/10/17/kalshi-research-finds-widespread-evidence-of-strong-republican-momentum-in-us-elections/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Asian Private Wealth Managers Embrace Crypto, Some Foresee Bitcoin at $100 By Year-End Source: https://www.coindesk.com/markets/2024/10/17/asian-private-wealth-managers-embrace-crypto-some-foresee-bitcoin-at-100k-by-year-end/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Technical indicators point to a price surge, and Polymarket bettors have their money on BTC passing $70K this month. Source: https://www.coindesk.com/markets/2024/10/17/bitcoin-demand-surges-in-bullish-catalyst-that-may-drive-btc-price-to-70k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines