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Steak 'n Shake Announces Strategic Bitcoin Reserve

11 hours ago

On November 1st, the US chain fast food brand Steak 'n Shake announced the setting up of a strategic Bitcoin reserve, with all payments made in Bitcoin being held therein. Over the next 12 months, Steak 'n Shake will contribute 210 sats from each Bitcoin meal sale to the Open Sats Initiative, Inc.

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Another smart trader, 9EEjTL, who made over $1.1M on $TRUMP, just spent $37.7K to buy 3M $GHOST.

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On-chain Whale Watch: "100% Win Rate Whale" Holds $370M Long, Opposing Traders Close Short Positions at Take-Profit

On November 1st, as per on-chain analysts Ai Yi, EmberCN, Onchainlens, and the AI analysis tool CoinBob (@CoinbobAI_bot), the on-chain whale activities today are as follows: There is a particularly notable "100% win rate whale" that has maintained 14 consecutive profitable trades and has had no new operations in the past 24 hours. The total value of its current position is approximately $370 million USD, as detailed below: It has a BTC 13x leveraged long position worth about $113 million USD, with an entry price of $110,123.0 USD and an unrealized loss of $320,000; It has an ETH 10x leveraged long position worth about $150 million USD, with an entry price of $3,845.33 USD and an unrealized gain of $110,000; It has a SOL 10x leveraged long position worth about $105 million USD, with an entry price of $198.4 USD and an unrealized loss of $6.5 million. The counterpart address of the "100% win rate whale" closed its position las

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Ansem: Buying ZEC at $432 is like buying Bitcoin at $432

On November 1st, accompanied by ZEC's rise above $430, the crypto KOL Ansem stated, "Purchasing Zcash (ZEC) at a price of $432 is similar to buying Bitcoin at a price of $432."

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ZEC has surged by 472% since Naval's Shill, and the Privacy Token sector has risen in sync

On November 1st, based on HTX market data, the privacy coin ZEC is currently trading at $420, with a 24-hour increase of 17.3% and a 7-day increase of 52%. Its rally started when the prominent Silicon Valley angel investor Naval stated on October 1st that "ZCash is insurance against Bitcoin", and the price has surged by 472% since his endorsement. The co-founder of BitMEX, Arthur Hayes, has also been actively promoting ZEC. On October 30th, he said, "Nothing can stop this train. ZEC will rise to $10,000." Yesterday, he reiterated his bullish outlook with a price target above $400. Along with ZEC's continuous rise, the total market capitalization of the privacy coin sector has reached $22.7 billion, with a 7.3% increase in the last 24 hours and a trading volume of around $2.4 billion. The standout performers among privacy coins are as follows: Dash is currently trading at $55.43, with a market capitalization of approximately $692 million and a 24-hour increase of 22.2%; XMR is curren

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Pump.fun Launches Utility Token Support Program "Spotlight"

On November 1st, Pump.fun announced the commencement of a practical token support program named "Spotlight". The program is intended to assist practical tokens lacking meme attributes in gaining more attention and liquidity to support early-stage companies or projects. Pump.fun stated that the program will select tokens with practical value within the ecosystem and integrate them into the company's long-term strategy. It will also help the teams formulate an issuance plan. Currently, the Spotlight program is accepting applications.

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Musk: New Roadster Sports Car May Have Flight Capabilities

On Friday, November 1st, Elon Musk stated on Joe Rogan's podcast that Tesla plans to release a new generation of its high-performance all-electric supercar Roadster by the end of 2025. This new Roadster may have the ability to fly and is described by Musk as "crazier than all of James Bond's vehicles combined." Musk further said, "My friend Peter Thiel once remarked that the future should have flying cars, but we don't. I think if Peter wants a flying car, we should be able to provide it."