ChainCatcher news, according to market news, Trump's crypto project World Liberty Finance raised 5 million dollars in the first hour of its presale, and the presale website experienced downtime, with no tokens purchased in the past 8 minutes.

ChainCatcher news, according to Coindesk, the Trump family's crypto project World Liberty Financial token sale may have gone live.According to blockchain data, the sale started at 12:40 UTC, and within the first 20 minutes, over 220 million WLFI tokens were sold to more than 1,700 independent wallets. The blockchain wallets associated with the token hold nearly 3 million dollars worth of Ether (ETH), as well as 1 million dollars worth of USDT and USDC tokens.

ChainCatcher news, according to The Block, Standard Chartered's Global Head of Digital Assets Research Geoff Kendrick released a report stating that Bitcoin is showing upward momentum and may approach its historical high of $73,800 before the U.S. presidential election.Kendrick pointed out that multiple factors are driving this potential price increase, including a steepening U.S. Treasury yield curve, a revival of interest in spot Bitcoin ETFs, and an increased probability of Donald Trump winning the upcoming U.S. presidential election.According to the Polymarket prediction platform, Trump's chances have risen to 56.3%. If Trump wins, the probability of the Republican Party simultaneously controlling the Senate and the House of Representatives is 70%, which could create favorable conditions for risk assets, including Bitcoin.

ChainCatcher news, analysts from the research and brokerage firm Bernstein stated that after a 5% increase on Monday, Bitcoin rose approximately 14% in October, reaching over $65,000. This was driven by the correlation with the rising odds of Donald Trump's election, with MicroStrategy being a leading indicator of a potential bullish breakout.Gautam Chhugani, Mahika Sapra, and Sanskar Chindalia analyzed: "We believe that the recent strength of Bitcoin is due to the correlation of Bitcoin with the rising odds of Trump's election. Although both sides express support for digital assets, the crypto market's bids are stronger due to Trump's increased odds in the election prediction market."

ChainCatcher news indicates that the betting amount on the U.S. election on the prediction market Polymarket is nearly $1.9 billion. Data shows that the probability of Trump winning the U.S. presidential election is currently reported at 55.8%, while Harris's probability of winning the election is currently reported at 43.7%.

ChainCatcher news, Trump's economic advisor stated that a potential new government will support a strong dollar or limit the rise of cryptocurrencies. (Jin Ten)

ChainCatcher news, Republican presidential candidate Trump and his Democratic rival Harris held campaign events in Pennsylvania on Monday, both trying to win the support of voters in this key battleground state.Trump promised to eliminate the Social Security payroll tax and ease regulations on the energy and residential construction industries to appeal to suburban women and independent voters in Philadelphia. He believes that doing so can increase homeownership rates by lowering inflation and interest rates. Trump said, "You have been eaten alive by inflation, and all I am doing is restoring balance to you."Harris, on the other hand, hopes to boost her support among Black male voters by visiting Illinois, where she toured a local record and coffee shop to discuss small business ownership. Harris proposed tax breaks of up to $50,000 for newly established small businesses. Before the event, Harris put forward several measures, including a new program to provide $1 million in loans for entrepreneurs facing financing barriers, with a maximum forgiveness of $20,000 for Black entrepreneurs and others.On Monday, Harris also pledged to support a regulatory framework for cryptocurrency, provide more support for the 20% of Black Americans who own or have owned digital assets, and work with lawmakers to legalize recreational marijuana, ensuring that Black individuals can participate in the expanding cannabis industry. Other proposals include establishing training and mentorship programs to help Black men secure high-paying jobs. (Bloomberg)

ChainCatcher news, top trader Eugene Ng Ah Sio posted on social media, "In an ideal world, I would like to see: a slow rise for the rest of October, Trump taking office in the White House, and then Bitcoin soaring to $100,000."

ChainCatcher news, according to a report by Cointelegraph, analysis by Galaxy Research indicates that U.S. presidential candidate Kamala Harris is more friendly towards cryptocurrency policy than current President Biden, but not as much as Trump. Harris has pledged to improve the regulatory environment for the U.S. crypto industry, but takes a more cautious stance on issues such as taxation, Bitcoin mining, and self-custody, while Trump supports Bitcoin mining and promises to protect self-custody rights. Nevertheless, Harris's policies may be more constructive than Biden's.

ChainCatcher news, according to The Block, since the WLFI whitelist went live on September 30, over 100,000 people have registered to join the whitelist, and a "golden document" will be released on Tuesday.In terms of allocation, 63% of WLFI tokens will be available for public sale starting Tuesday, October 15. The remaining 17% will be used to reward users, and 20% will be for team compensation. WLFI will be open to qualified investors within the United States, qualified investors within the United Kingdom, and investors outside of these countries.According to the roadmap seen by The Block, WLFI's "initial sale" aims to raise $300 million and will sell 20% of the token supply at a fully diluted valuation of $1.5 billion.The first phase of World Liberty Financial is to launch a DeFi lending platform version of Aave on the Ethereum Layer 2 network Scroll, allowing users to lend and borrow tokens, starting with Bitcoin, Ether, and stablecoins. The second phase involves integration with exchanges, enabling users to go on-chain and off-chain through on-chain proof of "Know Your Customer" (KYC) protocols. The final phase is to tokenize real-world assets and obtain regulatory approval.During the livestream, Paxos announced that co-founder Rich Teo has joined the World Liberty team as its head of stablecoins and payments. It is currently unclear whether he has left his position at Paxos.

ChainCatcher news, according to The Block Pro, former CEO of blockchain financial services company Paxos, Rich Teo, has joined the Trump family's crypto project WLFI as the head of stablecoin and payment operations.

ChainCatcher news, U.S. Vice President Harris is strengthening her outreach to Black male voters, promising to provide pathways for economic security. Meanwhile, polls show that Trump is gaining support among Black voters. On Monday, Harris proposed a new plan to provide loans to Black entrepreneurs and others facing barriers to financing. According to Harris's campaign outline to attract Black male voters, the plan will offer 1 million loans, with up to $20,000 potentially forgivable.Harris also pledged to support a regulatory framework for cryptocurrency, providing more investment certainty for 20% of Black Americans who own or have owned digital assets. She stated that she would work with Congress to legalize recreational marijuana and ensure that Black men can start businesses and find employment in the thriving cannabis industry.A poll conducted by Siena College and published by The New York Times on October 12 shows that about 15% of Black voters say they plan to vote for Trump in this election, an increase of 6 percentage points from 2020. Harris's support among Black voters is higher than President Biden's support before he withdrew from the race in July. Nevertheless, the narrow gap with Trump has Democrats worried that even losing a small portion of Black votes could be a fatal blow to Harris's campaign.

ChainCatcher news, according to CoinDesk, Trump's economic advisor Scott Bessent stated in an interview with the Financial Times that a potential Trump administration is unlikely to deliberately devalue the dollar and will support a strong dollar policy. Bessent believes that sound economic policies will naturally lead to a strong dollar and mentioned that Trump's proposed tariffs of up to 20% on imported goods will ultimately be weakened.Although Trump is seen as pro-cryptocurrency, a strong dollar policy may limit the gains of risk assets priced in dollars, such as cryptocurrencies. Bessent is the founder of the global macro investment firm Key Square Group and is considered a leading candidate for Trump's Secretary of the Treasury position. As the November 5 election approaches, prediction markets show Republican candidate Trump is narrowing the gap with Democratic opponent Kamala Harris.

ChainCatcher news, according to the prediction website Polymarket data, the probability of Trump being elected as the President of the United States in 2024 has dropped to 54.1%, while the probability of Vice President Harris being elected has risen to 45.3%.

ChainCatcher news, according to Fox News, former U.S. President Trump stated that Musk wants to create a new position called "Chief Cost-Cutting Officer" to be responsible for cost reduction.

ChainCatcher News, the sheriff of Riverside County, California, stated that on the 12th local time, a man was arrested near a campaign rally for former President Trump in California's Coachella Valley. This man was carrying a weapon and a fake pass. Local police said that the man may have been planning to assassinate Trump.Local police reported that the man, named Wim Miller, presented a forged pass at a security checkpoint around 5 PM Pacific Time on the 12th, and was found to be illegally in possession of a shotgun, a loaded handgun, and a high-capacity magazine.