Original author: Koala, Mars Finance
dYdX Launches Trump 2024 Election Prediction Market Perpetual Contract
The dYdX Foundation has announced the launch of the Trump 2024 Election Prediction Market Perpetual Contract, allowing users to trade in a fully decentralized environment. Traders can trade long and short positions based on Trump's chances of winning the election.
BlackRock CEO Larry Fink predicts that Bitcoin will reach the size of the real estate market
BlackRock CEO said Larry Fink said Bitcoin would become as big as the United States real estate market. At the same time, he said that whether Donald· Trump or Kamala· Harris win on Nov. 5, that goal doesn't matter. The remarks mark a shift from Fink's skeptical stance on cryptocurrencies three years ago.
Bitcoin ETFs saw net inflows of 3,892 BTC and Ethereum ETFs saw net inflows of 660 ETH today
According to Lookonchain monitoring, the net inflow of 10 Bitcoin ETFs today was +3,892 BTC (about $257 million), of which Fidelity inflowed 1,857 BTC (about $123 million), and currently holds 180,068 BTC, worth about $11.89 billion. The 9 Ethereum ETFs had a net inflow of +660 ETH (about $1.74 million) today, and Fidelity had an inflow of 3,500 ETH (about $9.22 million), and currently holds 151,750 ETH, worth about $39.956 billion.
Bloomberg: Tether is exploring lending to commodity trading firms
On October 14, Bloomberg reported that Tether was exploring lending to commodity trading firms.
The Trump family project WLFI "First Sale" will seek to raise $300 million, and more than 100,000 people have already signed up for the whitelist
More than 100,000 people have signed up for the Trump family project WLFI since it went live on September 30, and a "golden document" will be released on Tuesday, according to The Block. In terms of distribution, 63% of the WLFI tokens will be sold to the public starting on Tuesday, October 15. The remaining 17% will be used to reward users and 20% to team compensation. WLFI will be open to accredited investors in the United States, accredited investors in the United Kingdom, and investors outside these countries.
According to the roadmap seen by The Block, WLFI's "first sale" will seek to raise $300 million and sell 20% of the token's supply at a fully diluted valuation of $1.5 billion.
The first phase of World Liberty Financial is the launch of a version of Aave, a DeFi lending platform, on Ethereum's Layer 2 network, Scroll, which allows users to lend and borrow tokens, starting with Bitcoin, Ethereum, and stablecoins.
The second phase is integration with exchanges, allowing users to inbound and outbound through proof of on-chain Know Your Customer (KYC) protocols. The final stage is to segment the real-world assets and obtain regulatory clearance.
比特币质押平台 Solv Protocol 完成 1100 万美元融资，Laser Digital 等参投
On October 14, CoinDesk reported that Bitcoin staking platform Solv Protocol closed a $11 million funding round at a valuation of $200 million. Investors include Nomura subsidiaries Laser Digital, Blockchain Capital and OKX Ventures, among others. Solv's SolvBTC product has deployed more than 20,000 bitcoins (approximately $1.3 billion) on 10 major blockchain networks. Ryan Chow, co-founder of Solv, said that if Bitcoin stakes reaches Ethereum's 28% level, it could unlock $330 billion in value. Currently, Bitcoin staking platform Babylon has attracted more than $1.5 billion in staking funds, showing strong demand in the space. However, this size is still much lower than staking platforms such as Lido ($23.7 billion) and EigenLayer ($10.9 billion) on Ethereum.
美股加密板块盘前普涨，MicroStrategy 上涨约 6.5%
Among the major cryptocurrency and blockchain-related stocks traded on the Nasdaq, MicroStrategy rose about 6.5% to $224.68, while Coinbase rose 4.5% to $184.29. Cryptocurrency mining companies also saw gains, with Nasdaq-listed Bitfarms shares rising 3.8% to $1.92. Riot Platforms was up 4.6%, Marathon Digital was up 5% to $16.93, and Hut 8 was up 4.5% to $12.30. The Nasdaq 100 futures index rose 0.33%.
Analysts: Ethereum may break through $6,000, the key is to hold the $2,300 support level
Crypto analyst Ali (@ali_charts) posted on social platforms that from historical data, whenever the price of Ethereum touches the lower boundary of its trading channel and rebounds, it triggers an average increase of about 130%. Ali said that if this pattern continues, similar price action could push Ethereum's price to climb to $6,000. However, it depends on Ethereum being able to hold the key support level of $2,300.
公链大战:解读 ETH、SOL、SUI、APT、BNB、TON 的链上数据与投资逻辑
The public chain pattern has changed, Ethereum is still dominant but high fees affect the user experience, Solana is a star of high-frequency trading and NFT, BNB attracts exchange users, Ton chain is rising rapidly, and SUI and Aptos are catching up fast. Each public chain has a unique user base and metrics that affect the token price. Through on-chain data analysis, Solana attracts high-frequency trading users, Ethereum remains the preferred choice for DeFi, and BNB and Ton chains are popular. SUI and Aptos attract users at a low cost, and SUI leads in daily active addresses. Investors can judge whether the price of public chain tokens is reasonable through indicators such as NVA ratio and TVL.
The Godfather of the New Generation of Meme Murad Picks Top 10 Meme Coins
In this round of bull market, the meme sector performed the best, and meme coins that rose by more than 30 times, 50 times, and 100 times were popular. Giant whales began to pay attention to meme coins, and Murad recommended 10 popular and survivable meme coins, including the world's first "sports coin" $SPX, the manly coin $GIGA, and the emoji culture coin $MOG. The market capitalization of these meme coins continues to climb, with a target market cap of tens of billions of dollars. In addition, there are other interesting coins such as "Insanity Coins", "Clown World/Anti-Awakening Coins", etc., which are also growing in market capitalization and are expected to attract more attention in the future.
Harris made the first mention of cryptocurrency regulation in her campaign
United States Vice President Kamala · Harris will announce a regulatory framework in support of cryptocurrencies and digital assets in a campaign speech aimed at strengthening her support among the African-American male community. She plans to ensure that owners and investors of digital assets can benefit from a regulatory framework that protects African men and other groups participating in the market. This is in contrast to former President Donald Trump's promise of friendly regulation, with recent polls showing that a majority of voters want candidates to know about cryptocurrency, with 21% of respondents holding at least some cryptocurrency.
Bitcoin's uncertain movements may prompt investors to turn to SUI, APT, TAO, and WIF
Bitcoin prices fluctuate, but SUI, APT, TAO, and WIF are likely to rise. United States Bitcoin exchange inflows, showing strong demand. Analysts believe that the altcoin market may enter a "season of only going up, not down". Aptos rose to $10.06 but faced resistance at $10.50. The price of Bittensor Token has risen, but the bears are trying to pull the price down. The Dogwiphat price breaks through the level and the short-term trend changes. Buyers will need to sustain the price above $2.89 in order to break through the resistance level and potentially soar towards $3.58. On the downside, the key level is the 20-day EMA, a break below which could lead to profits for bulls.