Recommended readings tonight: 1. Bitwise: Is it too late to buy Bitcoin now? 2. The answer to whether Microsoft will invest in BTC is revealed and the countdown begins; 3. Movement opens with $10 billion FDV. What does its lead investor Hack VC think?

Crypto. com has partnered with Deutsche Bank to expand its corporate finance support to Singapore, Australia, and Hong Kong, Cointelegraph reported on X Platform.

The ME Foundation announced on the X platform that the ME airdrop must be claimed in the Magic Eden mobile app. If the user has linked all wallets, just load the app to claim ME. If the user has not linked a wallet, they can link their wallet and claim ME at any time between TGE and February 1, 2025. If the user claims ME tokens and finds that there may be other wallets that have been allocated, they can link these wallets through the desktop after TGE and claim these tokens in the mobile app.

DWF Labs co-founder Andrei Grachev posted on the X platform that he had just launched a fund focused on AI Agents. The current funding scale is only US$20 million, but if we see a strong pipeline, the amount of funds may increase.

NEAR’s continued expansion in the AI ​​space has the potential to become the go-to platform for decentralized AI development, paving the way for the next generation of AI-based DApps.

Binance Customer Support responded to a user's inquiry on the X platform, saying that the Binance platform inscription market has been removed and users can no longer buy and sell inscription assets. However, users can still view their inscription assets through Binance's inscription center and transfer them to other wallets. Users can manage related assets by clicking "View More" - "Inscription" on the Web3 page.

TL;DR Galxe has introduced Grevm 1.0, a new Ethereum Virtual Machine upgrade built on Rust, enhancing the performance and scalability of the Gravity network for developers. Galxe unveiled a $50 million ecosystem fund, backed by prominent venture capital firms, to support projects building on the Gravity network and foster innovation. An additional $5 million in ... source: https://crypto-economy.com/galxes-gravity-network-expands-with-new-evm-upgrade-and-50m-support-fund/

In an October 31 filing, MicroStrategy noted that “a significant decline in the market value of Bitcoin could have a material adverse effect on our financial condition and could expose our business operations to liquidity and credit risks as we have limited access to cash other than revenue generated by our enterprise analytics software business.” MicroStrategy did not immediately respond to a request for comment. (Bloomberg)

null source: https://x.com/Bitcoinsensus/status/1866447033541759410

Gracy Chen, CEO of cryptocurrency exchange Bitget, said that if the price of Bitcoin suddenly drops, MicroStrategy's ability to repay its growing debt may be threatened. The impact may extend beyond the company. Gracy Chen added, "The large amount of Bitcoin held by MicroStrategy also creates market concentration risks. Any large-scale sell-off may cause large fluctuations in the price of the token, affecting not only Bitcoin, but also the entire cryptocurrency ecosystem." (Bloomberg)

Min Jung, a research analyst at Presto Research, said that MicroStrategy's reliance on Bitcoin for its financial needs could be risky, saying: "Currently, Bitcoin's favorable price action allows MicroStrategy to maintain a positive feedback loop: rising stock prices at the company can increase financing to fund further purchases of Bitcoin, thereby driving up the price of Bitcoin and the value of its company's shares. While this strategy works during bull markets, its sustainability depends largely on the continued appreciation of Bitcoin prices." (Bloomberg)

In January 2024, the US SEC approved the listing of multiple ETFs that directly invest in Bitcoin in the United States, which became a major milestone for cryptocurrencies. In July 2024, the US SEC approved the listing of multiple Ethereum spot ETFs. In addition to the United States, virtual asset spot ETFs have also been listed on exchanges in Canada, Australia, Hong Kong and other places. Ernst & Young reminds that when investing in virtual assets, you must pay attention to two key directions. The first is volatility risk. Virtual assets are currently widely recognized as a commodity. Under different timings and regulatory trends, such commodities have relatively drastic rises and falls without price limits, and the trading risk is high. Before engaging in related transactions, you should fully understand its operating model and be sure to carefully assess the possible risks. The second is the supervision mechanism. If investors trade through overseas virtual asset trading platforms, these overseas platforms are not institutions established in accordance with domestic laws and may not be supervised by foreign authorities. In addition, the relevant products are provided overseas, and the transparency of trading information is not high. It is recommended that before investing, you should carefully consider the degree of supervision prudence of the trading platform's operating location and the legal compliance of the industry. (udn)

Artificial intelligence (AI) has become a key force driving technological innovation and social progress.

Social media influencer and singer Abdurozik Savriqul Muhammadroziqi, popularly known as “Abdu Rozik,” revealed that the key to crypto success is simple: be a good person.

Agoda released an AI-generated short film, *Leo’s Magical Travel Adventures*, showcasing Asia Pacific's diverse cultures through vibrant storytelling. Created with ChatGPT and Midjourney, the film celebrates travel's power to connect people and inspire exploration.

In the last few days, several customers of the crypto exchange Coinbase have complained about having their accounts restricted.

The Cosmos ecosystem will always be one Epoch ahead of the Ethereum community, with Celesita, the modularization cycle, in front and Initia, the chain abstraction cycle, behind.

Movement Labs, Movement opens with a market value of 10 billion USD. What does its lead investor Hack VC think? Golden Finance, Why did Movement start with a market value of 10 billion USD? Is it high?

Caroline Crenshaw's SEC renomination faces targeted opposition, including digital media campaigns, reflecting America's growing interest in cryptocurrency and fear of missing out on the evolving digital asset market.

DeSci attempts to change the publishing and dissemination model of academic activities in a decentralized way to solve the centralization problems inherent in the traditional academic research process, making the scientific research field more open and fair.