according to an analysis by the Hong Kong Economic Daily, Bitcoin recently broke through and is expected to reach a historic high in speculation about the potential results of the US election. The correlation between the price of Bitcoin and the inflow of funds is expected to further increase, and liquidity will become an increasingly important price driver. Last week, global funds poured into the US market's Bitcoin spot trading fund, betting on Trump's victory in the US election, and his support for Bitcoin was seen as a "Trump trade". The market expects the size of the US Bitcoin ETF to double by 2025 and quadruple by 2027. As for Hong Kong investment options involving Bitcoin, we will have to wait and see.

The Fed has yet to declare victory in its fight against inflation, but policymakers have shifted some of their attention to the biggest part of their dual mandate, employment. "The October nonfarm payrolls will be an important confirmation or negation of the stronger September data, but may not be enough to shift market attention back to the risk of a U.S. recession," Citi economist Veronica Clark said in a recent report, "However, the October data will reflect the impact of the ongoing Boeing strike and hurricanes. Clark estimates that these factors will reduce employment by 70,000 to 80,000. Citi's view on nonfarm payrolls is milder than generally expected, with an increase of 90,000 and a small increase in the unemployment rate to 4.23%. In addition, Citi said that any downward revision to the September data may be more significant than usual.

UBS (UBS.N) said it has launched the first tokenized investment fund.

US Vice President Harris will deliver a speech at a campaign event in Wisconsin at 14:40 local time (3:40 a.m. Beijing time the next day).

According to Lookonchain monitoring, ACT developers spent 4 SOL to buy 126 million ACT, and sold 52.4 million ACT for 7,455 SOL ($1.25 million) through multiple wallets, making a profit of $1.25 million. ACT developers still hold 21 million ACT ($630,000), so be wary of another potential sell-off.

According to Arkham monitoring data, about 12 hours ago, the Bitwise Ethereum exchange-traded fund ETHW ETF transferred 1,363 ETH to the Cumberland DRW address, worth about $3.48 million. In addition, about 13 hours ago, the Bitwise Bitcoin exchange-traded fund BITB transferred 1,939 BTC to the Coinbase Prime address, worth about $137.42 million.

On November 1, the official development team of TON recently fixed two critical vulnerabilities in the TON virtual machine. One of the vulnerabilities could be exploited by malicious contracts to trigger an abnormal crash of the virtual machine, thereby affecting the stability of the network. The development team adjusted the internal processing method of the virtual machine in the latest version of Github Release to prevent such attacks.

According to CoinDesk, Tron founder Justin Sun was interviewed at the Hong Kong Fintech Week, in which he said that fair issuance is one of the biggest advantages of Meme coins. Everyone can track the tokens. I told the Memecoin developers on Tron that if they want to be at the forefront, they need to ensure fair release and distribution. Meme coins can quickly attract attention, and I study Meme coin trends every day. Stories are constantly changing, making things exciting and never boring. One day it may be a new Elon Musk Meme coin, the next may be a16z coin, or even a Meme coin with religious, artificial intelligence or art themes. New concepts are constantly emerging.

Hong Kong stablecoin issuer IDA announced a strategic partnership with Zand Bank, the UAE’s first fully licensed and fully digital bank. The two parties aim to enable cost-effective and efficient cross-border transactions in the Belt and Road and BRICS Plus regions, providing businesses with 24/7 digital payment services.

On November 1, blockchain game company 81Ravens raised $4.5 million for its arena shooter game Paravox, led by Japanese investors Digital Hearts Holdings and Gree Ventures. The company plans to use the funds for further development and marketing of Paravox. The game will be released on the Solana blockchain.

On October 31st, CZ stated in an interview at the main venue of the Binance Blockchain Week in Dubai that "he cannot predict the future, but can analyze history. From a historical perspective, Bitcoin has gone through a very clear four-year cycle. 2013 and 2017 were bull markets. However, in fact, 2012 was a "recovery year" that many people did not trace back that far. 2016 was also a "recovery year", and 2017 soared all the way. 2020 is also a "recovery year", and 2021 is a bull market. So based on existing analysis, 2024 should also be a "recovery year". As for what will happen next year, it is not clear, but in the long run, he is still very optimistic about the entire industry."

According to data disclosed by the Blockchain Association, since Gary Gensler became the chairman of the US SEC, the US crypto industry has spent over $400 million to respond to the agency's enforcement actions. The Securities and Exchange Commission has filed lawsuits against some large crypto companies during this period, including Coinbase and Kraken. It is reported that this $400 million figure is based on self-reported data from members of the Blockchain Association, reflecting the huge compliance costs and potential damage to industry innovation and employment brought about by SEC enforcement. The members of this association include companies such as Ripple, Coinbase, Crypto.com, Grayscale, and Kraken.

according to official sources, Coinbase International will launch the First Neiro On Ethereum (NEIRO) contract. The NEIRO-PERP trading pair will be available on or after 6:30 PM on November 7, 2024 (Beijing time).

Ellipsis Labs has announced the completion of a new round of financing of $20 million, with participation from Haun Ventures, aimed at accelerating the launch of Atlas, a second-layer blockchain focused on verifiable finance. Haun Ventures said that this round of financing is a "quick follow-up" to Ellipsis Labs' $20 million Series A financing completed in April.

On October 31st local time, according to Forbes, a latest opinion poll showed that Vice President and Democratic presidential candidate Harris is only slightly ahead of former President and Republican presidential candidate Trump by 1%, but 10% of voters may change their minds before the election. In addition, in the seven key swing states that may determine the ultimate election winner, Harris leads Trump with a support rate of 49% to 48%, which was a week ago when Trump led Harris with a support rate of 50% to 46%.

Today, the Panic and Greed Index is 75, and the level has changed from Extreme Greed to Greed. Note: The threshold for the panic index is 0-100, including indicators such as volatility (25%)+market trading volume (25%)+social media popularity (15%)+market research (15%)+Bitcoin's proportion in the entire market (10%)+Google keyword analysis (10%).

OpenSea announced the integration of the basic gaming ecosystem B3 Chain, providing game developers and studios with a new place to deploy NFT collections and in-game assets within the OpenSea platform. It is reported that B3 will support Parallel's highly anticipated shooting game Tau Ceti. Currently, it has collaborated with institutions and projects such as GOAT Gaming, Farm Frens, DOT, Anomaly Gaming, Yomi Games, Unplayable Studios, and has been launched on web, mobile, desktop, and Telegram platforms.

CZ responded to users who received an email about "Giggle Academy containing a file download link," saying, "Tell the team that this is the wrong invitation method. Encryption professionals should never download files from emails. This is a huge security vulnerability that will be fixed

 according to CoinDesk, UK-based cryptocurrency exchange Archax has acquired Spanish brokerage firm King & Shaxson Capital Markets to expand its European business. The completion of the transaction currently requires approval from the Spanish regulatory authorities. The transaction value has not been disclosed. This acquisition will enable the company, registered with the Financial Conduct Authority (FCA), to expand its existing brokerage business, multilateral trading facility (MTF), and custody services to Europe, while adding crypto derivatives to its license.

Binance will launch TROYUSDT perpetual contract with a maximum leverage of 75x on October 31, 2024 at 21:00 (UTC+8). The settlement frequency of the contract is every four hours, and the initial funding rate is +2.00%/-2.00%.