Headlines
▌Poll: Harris' approval rating drops to tie with Trump
A New York Post poll shows that Trump and Harris both have a 49% approval rating. Compared to previous polls, Harris' approval rating has dropped by 2%.
▌Blackrock currently holds 433,713.21 bitcoins
Blackrock has officially updated its spot Bitcoin ETF holdings information. As of November 4, Blackrock's IBIT holds 433,713.21 bitcoins, exceeding 2% of the total Bitcoin supply. Its holdings are worth over $29.9 billion.
Market
As of the time of writing, according to Coingecko data:
BTC's latest trading price is $68,730.16, with a daily change of -0.8%;
ETH's latest trading price is $2,455.73, with a daily change of -1.5%;
BNB's latest trading price is $557.17, with a daily change of -2.0%;
SOL's latest trading price is $162.36, with a daily change of -2.2%;
DOGE's latest trading price is $0.1516, with a daily change of -5.1%;
XPR's latest trading price is $0.5025, with a daily change of -1.5%.
Policy
▌UK Finance Minister: Pre-election judgment on tax demands was wrong
UK Finance Minister Rachel Reeves said that she was wrong to tell British voters before the election that the Labour Party would not announce new tax hike plans, although she assured the public that there would be no repeat of her first budget in the coming years. Reeves was asked to explain her June comments, when she said "there are no plans to increase any taxes beyond what we have already set out." These comments have come under closer scrutiny since she unveiled a £40 billion ($52 billion) fiscal tightening plan, which includes reforms to income tax and inheritance tax, measures not specifically mentioned in the Labour manifesto. "I was wrong on June 11th," she said in the interview, saying she had underestimated the scale of the UK's budget deficit. "Within less than a month of me saying that, senior Treasury officials took me into a room and laid out the huge black hole in the public finances."
▌Citadel CEO: Asset prices face "risk-on" environment after US election
Citadel CEO Ken Griffin said that with the uncertainty now past, we will see a "risk-on" environment for asset prices after the election.
Blockchain Applications
▌He Yi: Binance Launchpool and other listing airdrop rules are transparent and clear, but FUD will never disappear
Binance co-founder He Yi posted on the X platform, saying, "If a project does not pass the screening process, no matter how much money or what percentage of the tokens, it cannot be listed on Binance.
The token allocation of the projects that have been listed on Binance are clearly explained, so you can analyze the percentages yourself to see if there is the so-called 20% or 15%.
The airdrop rules for Binance's Launchpool and other listings are transparent and clear, but that does not mean that the projects willing to airdrop can all be listed on Binance. If a project has 20% of the tokens wanting to cooperate with Binance for an airdrop, they are welcome to work with Binance's Web3 wallet.
FUD will never disappear, but let's become stronger. Gossip is easy to gain traffic, and business competition is always full of dark sides; when you understand the rules of how this world operates, you will no longer be easily swayed by rumors, and thus have the ability to think independently.
People like AC, who dare to tell the truth in the midst of the noise, are the ones truly worthy of the community's respect."
Cryptocurrencies
▌The TRON network currently has 695.5 million TON staked
According to tonscan data, the TRON network currently has a total of 695.5 million TON staked, with a current staking APY of 4.9% and 385 validator nodes.
▌pump.fun's cumulative revenue exceeds $170 million
As of November 3, according to Dune data, the Solana meme coin platform pump.fun has accumulated $170,795,178 in revenue, equivalent to 1,103,130 SOL.
▌Solana blockchain's TVL is currently $5.91 billion
According to the latest CoinGecko data, the current Total Value Locked (TVL) on the Solana blockchain is $5,910,365,806, with a 24-hour decrease of 0.1%; the 24-hour trading volume is $3,222,402,073, with a decrease of 45.8%.
▌Starknet's bridged assets exceed 942,769 ETH
Dune data shows that the total value bridged on zkSync is 3,732,389 ETH, on Starknet is 942,769 ETH, with a total of 1,226,876 bridged user addresses; the total value bridged on Arbitrum is 4,214,090 ETH, on Optimism is 811,194 ETH, and on Base is 612,402 ETH.
Important Economic Dynamics
▌The probability of a 25BP rate cut by the Fed in November is 98.9%
According to the CME "Fed Watch": the probability of a 25 basis point rate cut by the Fed in November is 98.9%, and the probability of keeping the current rate unchanged is 1.1%. The probability of keeping the current rate unchanged in December is 0.2%, the probability of a cumulative 25 basis point rate cut is 17.1%, and the probability of a cumulative 50 basis point rate cut is 82.7%.
▌Bloomberg: Stock option volatility has been rising for most of October
According to Bloomberg, just before the fiercely contested and unpredictable U.S. election, options traders across markets seem to be reducing risk and bracing for more volatility. While market swings have been modest, stock option volatility has been rising for most of October as the market not only anticipates the upcoming election but also earnings season and the Fed rate decision. In the final days before the vote, the race between Kamala Harris and Donald Trump remains too close to call.
Jinse Encyclopedia
▌What is the Aptos blockchain?
Aptos aims to be a fast, scalable, and reliable blockchain that supports decentralized applications (DApps), with the goal of accelerating the development of Web3. Avery Ching and Mo Shaikh launched the Aptos blockchain in October 2022. It aims to achieve high throughput and low latency, meaning it can process around 160,000 transactions per second and verify them in less than 1 second on average. Aptos natively integrates the Move language to provide these fast, secure transactions, allowing developers to write smart contracts and build DApps. Aptos provides everything needed to "build your big idea", even combining AI to make it easy for both beginners and experts to use Web3.
Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles solely for informational reference, and does not provide actual investment advice. Please everyone establish the correct investment concept, and must improve risk awareness.
