TL;DR

• Big Guns Weigh In on Microsoft’s Bitcoin Move

• Russia’s New Crypto Crackdown: Winter Is Coming for Miners

• Bitcoin ETFs: $30 Billion and Counting

• Rich Dad, Poor Dad, Bitcoin Dad?

• Magic Eden’s TestME Token: Not So Magical

• Musk and Putin: Just Emojis and Giggles?

• Ordinals Founder Fixes the Runes Bug

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Alpha of the Day

Big Guns Weigh In on Microsoft’s Bitcoin Move

It looks like the heavyweights—Vanguard, BlackRock, and State Street Bank—are about to have their say on whether Microsoft should dip its toes into the Bitcoin pool. Microsoft’s got a proposal on the table to consider investing in the crypto king, and these three giants will soon vote on the matter. Imagine Bill Gates casually checking his BTC balance! It’s not every day that some of the biggest players in finance get a chance to nudge one of the tech world’s titans toward crypto, but hey, 2024 is full of surprises.

Russia’s New Crypto Crackdown: Winter Is Coming for Miners

Starting November 1, Russia is tightening its crypto grip with fresh regulations aimed at miners and traders. Expect more red tape and probably fewer shady mining operations in basements across Siberia. The new rules are all about beefing up government oversight and cracking down on anything that looks like crypto mischief. If you're mining Bitcoin from Moscow, it's time to play by the book—or find a new hobby before Putin's crypto watchdogs knock on your door.

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Bitcoin ETFs: $30 Billion and Counting

The U.S. Bitcoin spot ETF has been on a shopping spree, scooping up a staggering $30 billion worth of BTC over the past 10 months. That’s a lot of digital gold! With ETFs making such bold moves, Bitcoin’s spot on Wall Street’s radar is more prominent than ever. If you were waiting for a sign that institutions are fully onboard the crypto rocket ship, this is probably it. Now the only question is, when will the price moon again?

Rich Dad, Poor Dad, Bitcoin Dad?

Robert Kiyosaki, the author of Rich Dad Poor Dad, thinks now is the golden moment to snag some Bitcoin. He’s out here like a financial sensei, telling everyone to consider BTC before it’s too late. He’s been a fan of the crypto underdog for a while, and with the way inflation is running wild, Kiyosaki believes Bitcoin is the hedge to have. Whether you're a rich dad, a poor dad, or just a broke millennial, he might be onto something.

Magic Eden’s TestME Token: Not So Magical

Magic Eden, the NFT marketplace that everyone knows and loves, has some advice: don’t touch the TestME token. Apparently, it’s not ready for prime time, and they don’t want users trading it. It’s like a beta test gone wrong, and Magic Eden is putting up warning signs everywhere. So unless you want to lose your magic beans—or coins—maybe sit this one out until they give the all-clear.

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Musk and Putin: Just Emojis and Giggles?

Elon Musk may or may not have regular chats with Vladimir Putin, but when asked about it, Musk responded with two "laughing and crying" emojis. Was it a confirmation? A joke? A meme? Who knows with Musk? In true Twitter fashion, his emojis left people more confused than before. But hey, at least the guy has a sense of humor—whether or not he’s swapping DMs with world leaders is still up for debate.

Ordinals Founder Fixes the Runes Bug

If you’re into Ordinals, here’s some good news: version 0.21.2 has squashed that pesky bug that could have made your runes disappear into the blockchain ether. The founder confirmed the fix, so your precious runes are now safe and sound. This update might not seem like a big deal to casual crypto users, but for rune collectors, it's like putting a padlock on your treasure chest.

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