1. Elon Musk states that the U.S. is heading towards bankruptcy and needs to cut government spending, or the consequences will be severe.

2. Cryptocurrency voters have become a key group in the 2024 U.S. presidential election, forcing candidates to prioritize discussions on cryptocurrency policy.

One of the most prominent voter groups this election season is cryptocurrency voters, who have played a significant role in shaping the contours of this year's policy debates and have, for the first time, forced candidates to prioritize discussions about the future of cryptocurrency in the country. -Original

3. Mt Gox transfers 30,371 BTC through on-chain operations, possibly preparing for a large transfer; market reactions should be closely monitored.

On-chain monitoring shows that Mt Gox has transferred 30,371 BTC through on-chain operations, possibly preparing for a subsequent large transfer. Please closely monitor market trends. Data is for reference only. -Original

4. A pension fund in Michigan, USA, reports holding 6.9817 million shares of Bitcoin ETF, indicating continued institutional interest in cryptocurrency.

5. a16z crypto pledges to donate $23 million to Fairshake PAC to support pro-cryptocurrency candidates.

a16z crypto has pledged to donate over $23 million to Fairshake and its affiliated PAC to support policymakers advocating for cryptocurrency ahead of the 2026 U.S. midterm elections. This funding aligns with the venture capital firm's long-term strategy of supporting legislators who understand the importance of maintaining the U.S.'s technological leadership in the cryptocurrency industry. -Original

6. OpenSea plans to launch a new platform, which may bring more innovation despite a decline in NFT market trading volume.

7. The Federal Reserve's interest rate decision for November is imminent, with a 99.8% probability of a 25 basis point cut.

The Federal Reserve's November interest rate decision will be announced this Friday at 3:00 AM. There are approximately 3 days and 10 hours left until the next FOMC meeting. According to CME's "FedWatch," the probability of a 25 basis point cut by the Fed in November is 99.8%, while the probability of maintaining the current rate is 0.2%. -Original

8. Joe Rogan and Elon Musk jointly release a surprise podcast, attracting widespread attention.

9. PancakeSwap announces the burning of 9.09 million CAKE tokens, worth approximately $15 million.

The multi-chain decentralized exchange PancakeSwap has announced the recent burning of 9,092,771 CAKE tokens, valued at approximately $15 million. -Original

10. Cryptocurrency exchange Kraken completes its latest proof of reserves, covering customer assets worth over $21.5 billion.

According to official news, cryptocurrency exchange Kraken has announced the completion of its latest proof of reserves. This independent procedure, conducted by a third-party accountant, allows customers to verify that their account balances are fully backed by on-chain assets. As of the snapshot on September 30, 2024, these assets are securely held by Kraken to support the cryptocurrencies, and this latest proof covers customer assets worth over $21.5 billion, including the most widely held cryptocurrencies on the platform: BTC, ETH, SOL, USDC, USDT, and XRP. -Original

11. Michael Saylor calls for voting for Bitcoin, demonstrating his firm support for Bitcoin.

On the eve of the U.S. presidential election, MicroStrategy founder Michael Saylor posted on the X platform: Vote for Bitcoin. -Original

12. Zodia Custody is raising $50 million to support its global expansion plans.

Julian Sawyer, CEO of Standard Chartered's crypto custody company Zodia Custody, stated in an interview that the company is seeking to raise $50 million from investors to drive its plans to enter new regions and expand its product range. Sawyer added that although Zodia currently has support from several wholesale financial companies, it now hopes to attract more diverse types of investors, including payment and tokenization companies; the cryptocurrency-focused consulting firm Architect Partners is assisting with this effort that began last month. -Original

13. Standard Chartered's crypto custody company Zodia is negotiating to raise $50 million to expand its product range.

Julian Sawyer, CEO of Standard Chartered's crypto custody company Zodia Custody, stated in an interview that the company is seeking to raise $50 million from investors to drive its plans to enter new regions and expand its product range. Sawyer added that although Zodia currently has support from several wholesale financial companies, it now hopes to attract more diverse types of investors, including payment and tokenization companies; the cryptocurrency-focused consulting firm Architect Partners is assisting with this effort that began last month. -Original

14. The results of the U.S. presidential election remain uncertain, with market sentiment fluctuating sharply and the dollar declining due to uncertainty.

The above is a selection of hot topics from the past 24 hours. For faster news, please download AICoin (aicoin.com)

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