Crypto World

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⚖️ Serious lawsuit: FTX seeks $1.8 billion in compensation from Binance and its founder Zhao Bloomberg reported that FTX has accused Binance and Changpeng Zhao of fraud in the 2021 deal. FTX managers said Binance received funds for the shares despite the insolvency of FTX and Alameda. Zhao is also suspected of publishing tweets undermining FTX's competitiveness.

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🇨🇳 China Prepares Massive $1.4 Trillion Stimulus Package! China’s top legislative body will meet from Nov 4-8, weighing a potential $1.4 trillion fiscal stimulus package to bolster the economy and manage local debt risks. The package could grow if Trump wins re-election, as Beijing anticipates heightened economic pressures. 💰 The plan marks one of the biggest stimulus moves since the pandemic, potentially reshaping China’s economic landscape! 🌐 Arthur Hayes predicts that this flood of new yuan will push Bitcoin to soar, as Chinese citizens use the decentralized asset as a hedge against currency devaluation and rising inflation.🚀

JACK MALLERS: 💰 Bitcoin is going to $250K-$1m in the next 12-18 months 🚀 This is happening regardless of who gets in office.

🖤 BlackRock already holds 403,725 BTC on its balance sheet, which is valued at $27 billion. In the last two weeks alone, the financial giant has vacuumed 34,085 BTC worth $2.3 billion off the market.

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🇯🇵 BULLISH: Tokyo-based Metaplanet just bought another ¥1 billion worth of Bitcoin. It's total #Bitcoin holdings now sit at 639.5 $BTC.

BREAKING: 🇺🇸 Ohio State Senator Niraj Antani introduces a bill allowing all state and local taxes to be paid in 💰 Bitcoin 🙌

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