1. The Long Wait: When Will the Altcoin Harvest Season Come?
As the US election draws to a close, Bitcoin's volatility has become increasingly intense, with the currency price hitting new highs and the pullback becoming more pronounced. Affected by this, Altcoins are generally in a dismal state, with even the MEME coins that have been continuously erupting with wealth effects also becoming muted. Data shows that 95% of the popular tokens in 2017 have now faded from the market, such as LTC, XMR and ETC. And in this round of the cycle, VC coins have mostly not experienced a surge after being listed, but have instead headed straight for an unseen bottom. So will the long-awaited Altcoin season still come?Click to read
2. Countdown to the Election: How Can Economic Indicators and Asset Classes Reveal the Likelihood of Election Results?
The US presidential election voting day is set for November 5th Eastern Time, as the biggest political and economic event of the year, attracting the attention of global financial markets. On November 2nd, US Vice President Harris and former President Trump both participated in campaign events in North Carolina. Their aircraft were parked on the same tarmac, just dozens of meters apart, highlighting the tense state of the race, and the fierce competition between Trump and Harris has also triggered asset price volatility in the "Trump trade".Click to read
3. Bloomerg: The Money-Burning Election - 11,000 Political Groups Spend $14.7 Billion
The US political system runs on money - and a lot of it. With no legal limits on the amount of funds that can be raised for White House and congressional candidates, the Republican and Democratic parties are fiercely divided in their pursuit of swing voters, who are inundated with ads, texts and mailings.Click to read
4. Why the reStaking Sector's Vampire Attacks Are the Root Cause of the Scarcity of Applications in the Ethereum Ecosystem
The social network was quite lively this weekend, with a new round of debate on ETH starting again. I think the reason should be two-fold: first, Vitalik's interview with ETHPanda sparked widespread discussion in the Chinese community, and secondly, compared to SOL, ETH's continued underperformance against BTC has also sparked widespread discontent. On this issue, I also have some views that I would like to share with you.Click to read
5. CICC: Watching and Trading the US Election
Trump is still leading in the swing states. As of November 1st, in the national polls, Trump is still leading, with a support rate of 48.4%, about 0.3 percentage points ahead of Harris. In comparison, in the same period in 2016 and 2020, Trump trailed Hillary and Biden by 7.8 and 1.5 percentage points respectively. From the swing states, Trump maintains a lead, but it has narrowed slightly compared to a week ago, with Michigan and Wisconsin being retaken by Harris. Referring to the current polls, if we assume that the electoral votes of each state are allocated according to the current polls, Trump and Harris would win 287 and 251 votes respectively (270 votes is the threshold for victory).Click to read
