CandleFocus

Bitcoin bulls ride ‘Uptober’ wave, keep eye on November

October was a positive month for Bitcoin, with the price increasing by 11% and significant inflows into US Bitcoin ETFs. However, short-term BTC options volatility has surged heading into November and the US election week. Space and Time Labs launched the SXT Chain testnet, providing a zk-verifiable blockchain indexing platform. =nil; Foundation also launched its Ethereum L2 powered by zkSharding, offering scalability and composability. Nomic introduced its Babylon bitcoin staking on Ethereum testnet, allowing users to avoid centralized custodians. Zircuit conducted an "EIGEN fairdrop," distributing 2% of its total supply among eligible token holders.

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