Headline
▌A man with a gun was arrested near the Trump campaign rally site
On October 13, local time, the Riverside County Sheriff in California said that on the 12th, a man was arrested near the campaign rally site of former US President Trump in the Coachella Valley, California. The man was carrying weapons and fake passes. The local police said the man might have planned to assassinate Trump. The local police said the man's name was Wim Miller, and around 5 pm Pacific Time on the 12th, he presented a forged pass at a security checkpoint and was found by the police to be illegally carrying a hunting rifle, a loaded handgun and a high-capacity magazine.
▌Microstrategy stock MSTR soars 1,620%
Since Microstrategy adopted a bitcoin-centric strategy, the company's stock MSTR has soared 1,620%, far exceeding Bitcoin itself, the S&P 500 index and tech giants like Nvidia. The company's Bitcoin holdings have now exceeded 252,000 BTC. Microstrategy's Executive Chairman Michael Saylor remains optimistic about Bitcoin's price, as his company plans to further increase its BTC investment.
Market
As of the time of writing, according to Coingecko data:
BTC's latest trading price is $62,827.44, with a daily change of -0.7%;
ETH's latest trading price is $2,466.46, with a daily change of -0.5%;
BNB's latest trading price is $571.97, with a daily change of -0.9%;
SOL's latest trading price is $147.66, with a daily change of +0.8%;
DOGE's latest trading price is $0.1112, with a daily change of -0.3%;
XPR's latest trading price is $0.5316, with a daily change of -1.3%.
Policy
▌The Central Bank of Brazil invites new participants to join the CBDC pilot program
Brazil is preparing to deepen the activities around its central bank digital currency (CBDC) pilot project drex. The Central Bank of Brazil has announced that the pilot project will be open to more participants, aiming to expand the testing of more complex use cases on the platform. The new consortium will be able to submit their proposals for review by the project's executive management committee during the period from October 14 to November 29.
▌Trump: Musk wants a position responsible for cost-cutting, a new "Cost Cutting Czar" position will be established
According to Fox News, former US President Trump said that Musk wants a position responsible for cost-cutting, and a new position called "Cost Cutting Czar" will be established.
Blockchain Applications
▌Akash CEO: Regulators have recognized the unique benefits of DePIN
Alvaro Garcia, partner at Borderless Capital, recently stated that "DePIN may be the only category in Web3 whose value comes from outside the crypto industry," and he believes this also allows DePIN projects to uniquely resist the bear market that may affect other crypto projects.
In a recent interview at the mainnet conference, Greg Osuri, CEO of the DePIN protocol Akash, responded to this view. The protocol provides a decentralized market for users to buy and sell computing power using the AKT token, and stated that regulators have noticed the role of the project.
Cryptocurrencies
▌10,000 ETH transferred from Gemini to an unknown wallet
According to on-chain data tracking service Whale Alert, around 4:18 am Beijing time, 10,000 ETH ($24,537,817) was transferred from Gemini to an unknown wallet.
▌Solana's on-chain NFT sales volume reaches $5.88 billion
According to the latest data from CryptoSlam, the total on-chain NFT sales volume on Solana has reached $5,883,178,441, with approximately 56,679,228 on-chain NFT transactions. The number of on-chain buyers is 5,022,921, and the number of sellers is 2,571,921. Historical data shows that in December last year, Solana's on-chain NFT sales volume exceeded $365 million, setting the largest single-month record to date.
▌Over $196 million worth of PYTH is staked
According to Dune data, there are currently 601,694,481 PYTH tokens staked, with a total staked value of over $196 million. The number of PYTH stakers has reached 118,704.
▌19.5 million XRP transferred from an unknown wallet to Bitstamp, worth over $10 million
According to the on-chain data tracking service Whale Alert, around 1:53 am Beijing time, 19,500,000 XRP ($10,307,186) was transferred from an unknown wallet to Bitstamp.
▌Ethereum staking rate has reached 28.27%, with Lido's market share reaching 27.94%
According to Dune Analytics data, the total staked amount on the Ethereum beacon chain has reached 34,577,370 ETH, accounting for 28.27% of the total supply. Among them, the staking share of the liquid staking protocol Lido has reached 27.94%. In addition, a net inflow of 16,406,002 ETH has been recorded since the Shanghai upgrade.
Important Economic Dynamics
▌The probability of the Fed cutting rates by 25BP in November is 95.6%, and the probability of no cut is 4.4%
According to the CME "Fed Watch": the probability of the Fed cutting 25 basis points in November is 95.6%, and the probability of keeping the current rate unchanged is 4.4%. The probability of a cumulative 25 basis point rate cut by December is 15.4%, the probability of a cumulative 50 basis point rate cut is 84.1%, the probability of a cumulative 75 basis point rate cut is 0%, and the probability of a cumulative 100 basis point rate cut is 0%.
Jinse Encyclopedia
Sharding is a method of dividing the ledger into smaller parts (called shards). But proto-danksharding is one of the most opaque terms in the crypto lexicon. The term doesn't have any particular guidance. Is proto an abbreviation for prototype? Is this the same dank meme folder as your favorite? Both of these guesses may be quite reasonable, but they are both wrong. Protolambda and Dankrad Feist first proposed this idea, and they named the idea after themselves - proto-danksharding is a type of transaction that accepts the aforementioned blobs. The blob-based solution aims to overcome Ethereum's long-standing high gas fees and low transaction throughput.
Disclaimer: Jinse Finance, as a blockchain information platform, the content of the articles published is for information reference only and does not constitute actual investment advice. Please everyone establish the correct investment concept, and must improve risk awareness.
