動區BlockTempo

Bitcoin drops and then rebounds in the past 12 hours; Florida invests $800 million in crypto; SEC enforcement costs exceed $400 million under Gary Gensler's tenure.

CoinShares recently released the Q3 Mining report, which pointed out that the BTC Mining industry is facing challenges after the 4th Halving, with mining costs reaching record levels. It is better to directly invest in BTC than mining. If only cash expenses are calculated, the production cost of each BTC is about $49,500. If additional expenses such as depreciation and stock compensation are included, the average production cost reaches $96,100.

The largest BTCSpot ETF in the United States, IBIT by BlackRock, saw a net inflow of over $872 million on Wednesday, setting a new single-day record. Eric Balchunas, a senior ETF analyst at Bloomberg, estimates that the continued inflow into IBIT may push the total Holdings of all BTCSpot ETFs in the United States to surpass 100.

Former U.S. President Reagan's political analyst Craig Keshishian proposed 4 signs that Trump might be elected. These signs include the sun bringing a Republican wave, natural disasters not stopping disaster victims from voting, key swing state Pennsylvania and Democratic allies wavering. However, investors should be wary of the possibility of the market exaggerating Trump's chances of winning. If Trump loses, investors may suffer huge losses. Trump's winning odds have been leading in the betting market, but they are inconsistent with the polling support and need to be followed continuously.

This article introduces the speech given by Sergey Nazarov, the founder of chainlink, at SmartCon in Hong Kong. The speech mentioned that Chainlink aims to become the standard for Web3 Decentralized Finance and TradFi capital markets, and to merge these two areas into a Smart Contract Internet, ultimately establishing a global standard, powering the Smart Contract Internet, and creating economic prosperity. The speech also mentioned the need for a method to weave all services, different blockchains and smart contracts, and different payment systems into a unified application. Finally, the speech introduced the construction of the Chainlink Runtime Environment, seeking to play a role in financial prosperity similar to COBOL and JRE, and enabling developers to quickly build very advanced applications.

This Saturday (November 2), Block Community will hold its first event in Hong Kong, co-hosted with the most influential Web3 community organization in Hong Kong, '852web3'. The event aims to strengthen the cross-regional connection and cooperation of the blockchain industry in Hong Kong and Taiwan, and promote the more vigorous development of the Chinese blockchain ecosystem. Guests from different fields will attend the conference, and there will be networking activities. The entrance fee is 20 Hong Kong dollars for general applicants, and free for Web3 community members and students.

BTCSpot ETF "IBIT" set a new single-day net inflow record of $872 million on Wednesday, bringing the total net inflow of the US BTCSpot ETF to $24.18 billion. Bloomberg analysts predict that the continued inflow of IBIT could push the total holdings of all US BTCSpot ETFs over 1 million coins, surpassing Satoshi Nakamoto as the world's largest BTC holder by the end of November. Many factors have contributed to the surge in IBIT inflows, including global central banks turning to interest rate cuts to boost liquidity, and the likelihood of Republican presidential candidate Trump's victory in the US presidential election, who supports cryptocurrency, which may further drive the trend of inflows.

In October, the number of small non-farm payroll employment in the United States increased by 233,000, far exceeding market expectations, indicating that the employment market still maintains resilience; however, some economists believe that this is an anomaly and focus on the non-farm payroll report this Friday. In addition, the 10-year US Treasury bond Intrerest Rate continues to rise, and once it exceeds 4.3%, it may hit the US stock market; some analysts believe that the continued signs of the US economy may also help limit some downside risks of the stock market. In terms of response, the Fed may consider pausing rate cuts.

In the Meme market, emotional resonance is far more important than practical value. The key to choosing a Meme coin is to understand its target market and find a group that resonates with it. It is recommended to follow coins that have already shown successful performance, rather than taking risks on new animal Meme coins. The selection framework includes finding Meme coins that can evoke specific emotions, such as cute, funny, shocking, absurd, etc. Emotional triggers are very important for the success of Meme coins, but not the only factor to consider. The holder base, distribution, mainstream elements, etc. should also be taken into account.

This article shares common market manipulation methods in the Web3.0 market, including Whipsaw trading, manipulation, short positions attacks, creating panic, sell wall manipulation, and Pump and Dump, etc. Due to the Decentralization and lack of regulatory rules in the Web3.0 market, these manipulative behaviors are easier to implement. The author reminds investors to recognize market manipulation and protect their assets. The article also provides several methods to avoid becoming a victim, such as investigating the background of Tokens, choosing transparent exchanges, and staying vigilant and carefully analyzing market information.

The U.S. Department of the Treasury's Debt Management Office proposes that the Central Bank's Central Bank Digital Currency (CBDC) should replace private issuance of the U.S. Stable Coin to prevent the risk of a bank run in the Stable Coin market. The report specifically follows the excessive purchase of government bonds by private U.S. Stable Coin issuance merchants such as Tether, which could lead to a risk of large-scale dumping of U.S. government bonds if the main Stable Coin is suspended or collapses. The report emphasizes that CBDC is the primary form of digital currency to support tokenized transactions. At the same time, the report appreciates the potential of tokenizing U.S. government bonds and other real-world assets.

Philadelphia District Attorney Larry Krasner has filed a lawsuit accusing Elon Musk, CEO of companies such as Tesla and SpaceX, and America PAC of running an illegal lottery in an attempt to influence the presidential election. Musk recently sparked legal controversy with his daily giveaway of $1 million to voters. Krasner hopes to stop this activity through legal means. On the other hand, due to Musk's high-profile support for Trump, Trump's prospects are rising, and DOGE, which recently rallied, has seen the highest price increase of up to 21.6% among the top 100 cryptocurrencies by market capitalization in a single day.