ChainCatcher news, according to Jinshi reports, UBS Global Wealth Management stated that the recent strength of the dollar may not last after Trump's victory in the U.S. presidential election. Analysts in a report said that in the medium to long term, the dollar may weaken. "The policies proposed by Trump are expected to expand the twin deficits, undermining the long-term appeal of the dollar." They indicated that Trump may not be able to deliver on policies that boost the dollar, as he might seek lower yields and a weaker currency.Meanwhile, they noted that the market has gone too far in lowering expectations for Fed rate cuts, and the "overshooting" of U.S. Treasury yields may decline along with the dollar. UBS expects that by December 2025, the euro will rise against the dollar from the current 1.0573 to 1.12.

ChainCatcher news, trader Eugene stated on social media, "The breakout rise of DOGE means that the market cap ceiling of all other Meme coins will also rise proportionally. The previous valuation of 1 billion dollars was the ceiling, but now it's just the starting point."

ChainCatcher news, Greeks.live researcher Adam posted on social media that the U.S. election ended with a landslide victory for Trump, and Bitcoin simultaneously broke through its historical high, driving multiple mainstream cryptocurrencies to surge. The market sentiment is currently very high. The crypto market is now independent of other markets, and often important fundamental turning points are first reflected in the crypto space. Last Friday's interest rate meeting decided to cut rates by 25 basis points, and the fundamentals of the rate-cutting cycle are supporting the investment market. The implied volatility (IV) of the current options at-the-money has already dropped below 60%, with strong selling pressure from sellers who are selling into the big market.The U.S. election ended with a Trump victory, and last Friday's interest rate meeting decided to cut rates by 25 basis points. The crypto market reacted strongly, with Bitcoin breaking through its historical high, and both funding rates and futures premiums showing strong bullish sentiment. In terms of options, the implied volatility (IV) of the current options at-the-money has dropped to 80%, with strong selling pressure from sellers who are selling into the big market. Currently, the short-term skew of Bitcoin has risen significantly, while the mid to long-term skew has decreased. The options market still needs to observe the movements of the whales.In the crypto interest rate market, the Bitfinex interest rate market has been relatively stable recently, with occasional high-interest orders of 20%. When encountering suitable interest rate orders, it is worth actively trading, especially during market movements.

ChainCatcher news, according to Coindesk, CoinShares stated in a research blog on Wednesday that the Donald Trump administration may provide a more favorable environment for cryptocurrencies, with one of the most anticipated developments being the potential passage of the "Bitcoin Bill."CoinShares' Head of Research James Butterfill wrote, "The proposal would establish Bitcoin as a strategic reserve asset, with the U.S. government acquiring 5% of the total Bitcoin supply. This would give Bitcoin a status similar to that of gold." The report noted that after gaining recognized status in national reserves, Bitcoin would also achieve greater legitimacy.CoinShares pointed out that Trump has consistently criticized the U.S. Securities and Exchange Commission (SEC) and its chairman Gary Gensler, particularly regarding the agency's stance on cryptocurrencies. His administration is expected to appoint new SEC leadership, which could lead to a period of more favorable regulation for cryptocurrencies.

ChainCatcher news, the globally renowned blockchain game MetaKiller announced the "King of Survival: Prize Pool Challenge" will be held from November 4 to November 11, 2024, aimed at providing players with a richer gaming experience and generous rewards. During the event, players who successfully evade killers in the MH arena will earn diamonds and MH rewards, with more survival rounds leading to greater rewards.

ChainCatcher news, according to The Block, in early trading on Tuesday, the price of Bitcoin rose from $69,000 to a solid breakthrough of $71,000, indicating that traders are increasingly optimistic about the U.S. elections a week away.Analysts point out that improved technical indicators, renewed inflows into spot Bitcoin ETFs, and broader macro factors (including speculation about a Trump victory and the seasonal strength of the market in the fourth quarter) support Bitcoin's continued upward trajectory.Bitfinex analysts stated, "'Trump trade' narratives and favorable seasonal factors for the fourth quarter have created a perfect storm for Bitcoin. Although prices may fluctuate before the election, an exciting period lies ahead."The options market also reflects an optimistic outlook for Bitcoin, with bullish positioning suggesting that the price of Bitcoin, the largest digital asset by market capitalization, could rise above $80,000 by the end of the year.

ChainCatcher news, official news, OKX Ventures in collaboration with BlockBooster will hold the "Next-Gen Web3 Growth Bootcamp" in Bangkok on November 11, 2024. The aim is to help Web3 founders, growth leaders, and KOLs master key skills such as cutting-edge growth strategies, economic model design, community building, and digital marketing applications.It is reported that this event will focus on practical experience for in-depth discussions, with an emphasis on the actual growth and sustainable development of projects. Participants will have the opportunity to engage face-to-face with top industry experts, receive personalized advice, and inject new development momentum into their projects.For the registration link, please click: https://lu.ma/3sis1czh

ChainCatcher news, semiconductor leader TSMC held a corporate briefing on the 17th of last year, announcing its Q3 financial report and Q4 financial forecast. The impressive results not only caused TSMC's ADR (American Depositary Receipt) to surge by 12% at one point, but also led to a significant increase in TSMC's stock price, reaching 1100 NTD during trading this morning, a rare historical high, closing at 1085 NTD, with an increase of 4.83%. TSMC's recently released Q3 financial report shows that the company's revenue and profits significantly exceeded market expectations.According to the latest data, the consolidated revenue for the quarter reached 759.69 billion NTD, indicating that the company's operational status remains robust. The strong global demand for artificial intelligence hardware is also one of the key factors driving TSMC's performance growth. Analysts point out that the ongoing AI boom will continue to enhance TSMC's revenue expectations and effectively alleviate market concerns about insufficient chip demand.

ChainCatcher news, the Web3 venture studio BlockBooster has officially launched BoostORA, a brand platform that integrates and promotes Web3 innovations and events. The first event, BoostORA: SEA Autumn 2024, will focus on activities held in Hong Kong and Thailand from October to November, aiming to provide a showcase platform for Web3 developers and creators, and to promote innovation and collaboration in blockchain technology.It is reported that this event will collaborate with multiple strategic partners to host several important activities centered around developers, including workshops, Demo Days, and more, to support the prosperity and development of the Web3 ecosystem.BoostORA will set sail from Hong Kong, driving collaboration to gain broader attention and interaction for Web3 events globally, accelerating the development of the global Web3 ecosystem.

ChainCatcher message, Bitcoin has outperformed stocks and gold this month, as more signs indicate that the regulatory outlook for the cryptocurrency industry in the U.S. will improve after the upcoming presidential election. Bitcoin rose 4% in October, surpassing global stock indices and gold so far this month.Noelle Acheson, author of the "Crypto Is Macro Now" newsletter, stated: "This rise is primarily driven by the U.S. presidential election, initially fueled by Trump's lead in prediction markets and polls, and later by the Harris campaign's somewhat supportive statements regarding the crypto market. I haven't seen the details of Harris's cryptocurrency policy yet, but it sounds less negative than the Biden administration's."

ChainCatcher news, according to official sources, Gate.io announced a strategic investment of $10 million in The Open Network (TON) blockchain, aiming to deepen cooperation with the TON Foundation and accelerate project development based on the Telegram platform.This investment will support the development of multiple new products, including CeFi-driven Telegram mini-programs and Gate Wallet within Telegram. In addition, Gate Group is also participating in the TON Society's Hackers League hackathon, where Gate.io has made a preliminary commitment to a portion of the $2 million total prize pool.Dr. Han Lin, founder and CEO of Gate.io, stated: "The TON ecosystem has a large Telegram user base and high-speed, low-cost blockchain technology, demonstrating tremendous development potential."

ChainCatcher news, according to Bitcoin.com News, the mayor of Rockdale, Texas, Ward Rodam recently published an article in the Austin American-Statesman, outlining the important role of the Bitcoin mining industry in the local economic recovery. Mayor Rodam likened Bitcoin mining to a "digital oil well," believing it has the potential to drive economic revitalization in rural areas across Texas, with an impact comparable to the former oil boom.According to Mayor Rodam, since the closure of the city's largest employer, the Alcoa aluminum plant, in 2008, the Bitcoin mining industry has utilized the legacy energy infrastructure to inject new economic vitality into Rockdale. This is reflected in several aspects:Job Market: Bitcoin mining companies have created hundreds of jobs locally, providing residents with high-paying employment opportunities;Fiscal Revenue: Mining companies have become one of the main sources of tax revenue for Milam County and the local school district;Community Development: These companies actively participate in local charitable initiatives, including establishing scholarships, supporting police and fire departments, and sponsoring youth sports and chamber of commerce activities;Economic Investment: Bitcoin mining companies have cumulatively invested over $1 billion in Rockdale.Mayor Rodam emphasized that Bitcoin mining enterprises demonstrate deep engagement and long-term commitment to the communities in which they operate. He called on Texas lawmakers to fully recognize the positive impact of the Bitcoin mining industry and create a favorable policy environment for its development. The mayor stated, "Texas leaders should fully understand the economic benefits of Bitcoin mining. If we can provide appropriate policy support for its development, Bitcoin mining is expected to become a new growth point driving the revitalization of Texas's rural economy."

ChainCatcher news, according to Jinshi reports, the New Zealand dollar weakened against the US dollar in the Asian market. US President Biden said on Wednesday that the G7 is coordinating a response to Iran's attacks on Israel, which includes implementing new sanctions on Tehran.Analysts at Malaysia Bank stated in a foreign exchange research and strategy report that investors continue to seek refuge in the dollar, noting that they may be affected by sanctions. The analysts mentioned that better-than-expected US ADP data also boosted the dollar.

ChainCatcher message, Matrixport released today's research report stating that recently, the minting volume of stablecoins has surged to the highest level since the peak in March-April, indicating that new fiat funds are flowing into the crypto market, which is a bullish signal. In February 2024, a similar surge in stablecoin issuance drove Bitcoin prices significantly higher.If this minting momentum continues, Bitcoin prices are expected to rise further. It is worth noting that since the FOMC meeting on July 31, the pace of stablecoin minting has noticeably accelerated, reflecting an increase in institutional confidence in a low-interest-rate environment, which in turn has boosted optimistic sentiment in the crypto market.

According to ChainCatcher news, BoostVC, Draper Associates, and Thesis have launched the BitcoinFi accelerator program, aimed at "supporting founders to bring the next wave of innovation to Bitcoin."The program encourages applications across three core areas: infrastructure, DeFi, and SocialFi. Participants can receive $150,000 in initial funding in exchange for 5% equity, and have the opportunity to secure follow-on investments from a network of investors.The accelerator is currently open for applications, with a deadline of October 23. There will be two selection phases, and the final winners will be announced on November 1. The first batch of courses will start on November 4 and continue until December 13.