ChainCatcher news, according to official sources, Uniswap has announced that its permissionless in-app cross-chain bridge is now live. Uniswap users can now directly cross-chain across nine networks from the Uniswap interface and Uniswap wallet. The cross-chain bridge currently supports: Ethereum, Base, Arbitrum, Polygon, OP Mainnet, Zora, Blast, World Chain, and ZKsync.

ChainCatcher news, according to Bloomberg Terminal information, as the BRICS summit opens in Kazan, Russia, cryptocurrency issues have been brought to the agenda. Russian lawmakers are promoting the idea that Russian miners can sell their tokens to international buyers, while domestic buyers can use BitCity and other cryptocurrency markets to pay for imported goods, effectively bypassing Western sanctions. Richard Wolf, an American economist and emeritus professor at the University of Massachusetts Amherst, commented on this situation, stating that the BRICS alliance is surpassing the already peaked United States. The U.S. is in decline and is trying to maintain its international dominance.

ChainCatcher news, Trump's crypto project World Liberty Financial (WLFI) stated on the X platform that the WLFI token now has over 15,000 holders.Additionally, according to official website data, as of now, the project has sold approximately 9.3305 WLFI tokens in the public token sale, with a remaining token quantity of 19.067 billion. At a price of $0.015 per token, the current sales amount to approximately $13.9957 million.

ChainCatcher news, analysts Peter Chung and Min Jung from the trading and financial services company Presto stated during an interview with CNBC on Tuesday that the U.S. election could trigger a bond market collapse. Among risk assets, they are optimistic about Bitcoin, gold, commodities, and Nasdaq stocks.In their report, Presto analysts noted that over the past 25 years, the ratio of U.S. debt to GDP has risen from 40% to 100%, and it could reach between 124% and 200% in the next 10 to 30 years. The U.S. election may trigger a "Minsky moment," where the bond market realizes the issues and demands higher compensation for deficit financing. The commitments of Republican candidate Donald Trump and Democratic candidate Kamala Harris have intensified the risk of a bond market collapse. Solving the problem through inflation is the only solution. The 2024 Bitcoin bill currently awaiting congressional approval may help stabilize U.S. debt and even stabilize the global financial system.

ChainCatcher news, analysts from the research and brokerage firm Bernstein claim that their current prediction of a $200,000 Bitcoin price by the end of 2025 is "conservative," and they urge skeptics to reconsider the limited supply of cryptocurrencies in an era of record-high U.S. debt levels. For investors who do not want to hold Bitcoin directly, the analyst suggests investing in MicroStrategy, the world's largest Bitcoin corporate holder, and Robinhood, which is continuing to expand its crypto services, as alternatives for indirect investment.The analysts also highlighted the potential of U.S. publicly traded companies Riot Platforms and CleanSpark, which are integrating thousands of megawatts of power for Bitcoin mining, as well as AI-diversified companies like Core Scientific, which leverage the demand for AI hosting services, as they possess valuable power pipelines while still managing Bitcoin mining operations.

ChainCatcher news, according to The Block, based on data from CryptoQuant, retail investor activity has slowed down from June to late September, but has started to pick up since October. The agency noted in a report released on Tuesday: "In the past 30 days, retail demand has increased by about 13%, showing a trend similar to when we approached the previous historical peak in March."The report pointed out that the increase in retail demand for Bitcoin is occurring alongside a rise in institutional interest. While retail investors are returning to the market, institutional investors have been steadily increasing their investments in Bitcoin this year. This contrasts sharply with the first quarter of 2024, when market demand was primarily driven by large investors. The current dynamics of retail and institutional investor demand are similar to previous Bitcoin market cycles, and the recent increase in retail activity may signal a similar pattern of renewed optimism.To gauge retail investor demand, CryptoQuant focused on several key indicators. One of them is tracking the total amount of Bitcoin held in wallets that hold less than one Bitcoin. This total has increased from 1.734 million Bitcoins in mid-March to the current 1.752 million Bitcoins, an increase of 18,000. Another indicator is the volume of on-chain transactions below $10,000, which reflects the activity of small investors and provides a reference for the market sentiment of non-institutional investors.

ChainCatcher news, 10x Research posted on social media that the 10-year Treasury yield has risen from 3.6% at the September FOMC meeting to 4.2% (+60 basis points). As the yield broke above 4.0%, Trump's election probability increased to 60%, intensifying market concerns about inflation. Higher bond yields typically indicate fewer rate hikes in the future. On October 4, non-farm payroll data exceeded expectations, adding 254k jobs, and subsequently, Trump began his campaign activities, further boosting his election probability. This rise in yield led to adjustments in U.S. small-cap stocks (Russell 2000) and Bitcoin.

ChainCatcher news, Singaporean crypto investment firm QCP Capital stated that there are only 2 weeks left until the U.S. election, which is currently attracting a lot of attention. In the prediction market, Trump has begun to expand his lead over Harris, while polls in key swing states are currently leaning towards the Republican Party. The market is currently pricing in the possibility of Trump being elected president. Discussions about increased tariffs and tax cuts have led to a stronger dollar and rising U.S. Treasury yields. Given Trump's more crypto-friendly stance, it is not surprising that Bitcoin's trading price has risen.The S&P 500 index continues to set new historical highs, and the U.S. 2-year Treasury yield has once again surpassed 4%. Driven by an unprecedented volume of open contracts on exchanges, Bitcoin has moved towards $69,000. The total open contract volume for exchange futures currently stands at $40.5 billion. The market is currently expecting a 1.5 rate cut in 2024. A stronger-than-expected labor market and the increased likelihood of Trump being elected president have rekindled hopes that U.S. economic growth will remain strong. With uncertainty in the labor market still present, all eyes are on the non-farm payroll report (NFP) set to be released next Friday. As the last NFP report before the next Federal Reserve meeting, it will play a key role in shaping market expectations for the Fed's next interest rate actions. Ahead of the employment data release and the election, Bitcoin and Ethereum remain well-supported with upside potential.

ChainCatcher message, Ethereum co-founder Vitalik Buterin mocked the marketing copy of software company Splunk, which calls its project XSIAM using zero-knowledge proof technology an "unverified solution," saying, "This is what ZK project advertising looks like to the average person."

ChainCatcher news, according to CNBC, Circle's global policy chief Dante Disparte stated that he believes the UK will soon introduce legislation regarding stablecoins, which are cryptocurrencies designed to maintain a fixed peg to government currencies such as the US dollar or the British pound.During an interview with CNBC last week while in London, Disparte said, "I think we are only a few months away from the formal launch of stablecoin market legislation, rather than years." When CNBC reached out to the UK Treasury and the Bank of England, they had not yet provided a comment.

ChainCatcher news, according to the official announcement, Binance futures have updated the leverage and margin tiers for TAOUSDT, TURBOUSDT, DOGSUSDT, JUPUSDT, ARKMUSDT, DIAUSDT, MYROUSDT, AXLUSDT, BRETTUSDT, and GASUSDT U-based perpetual contracts on October 23, 2024, at 16:30 (UTC+8). Users' current positions will not be affected.

ChainCatcher message, according to the official announcement, Binance contracts have updated the leverage and margin tiers for TAOUSDT, TURBOUSDT, DOGSUSDT, JUPUSDT, ARKMUSDT, DIAUSDT, MYROUSDT, AXLUSDT, BRETTUSDT, and GASUSDT U-based perpetual contracts on October 23, 2024, at 16:30 (UTC+8). Users' current positions will not be affected.

ChainCatcher news, according to CoinDesk, MakerDAO is discussing whether to abandon the Sky brand due to a lukewarm market response after rebranding. Although the launch of the USDS stablecoin has been successful, the SKY token has performed poorly, recently dropping by 23%.The community plans to hold a formal governance vote on November 4 to decide whether to revert to the original Maker brand, maintain the Sky brand, or undergo a rebranding.Previous news, MakerDAO (now renamed Sky) founder Rune Christensen announced on social media that he will draft an Atlas Edit proposal for a community vote on the project's core branding choice.

According to ChainCatcher news and RootData market data, the decline of UNFI, OOKI, and others by over 15% may be influenced by Binance's decision to delist the IDRT, KP3R, OOKI, and UNFI tokens.UNFI has dropped 17.9% in the last 24 hours, currently priced at $2.33;OOKI has dropped 16.06% in the last 24 hours, currently priced at $0.0011;KP3R has dropped 7.67% in the last 24 hours, currently priced at $49.72.

ChainCatcher news, the crypto lending platform Goldfinch announced the termination of its collaboration with its risk management advisor Ajay Gill. Gill was responsible for the liaison between Goldfinch lenders and defaulting borrowers, and he was set to receive $135,000 over six months, but he recently stopped responding to lenders' inquiries.Obinna Okwodu, head of the Goldfinch Foundation, stated on Friday that he will temporarily take on Gill's responsibilities while searching for Gill's successor.

ChainCatcher news, according to Bloomberg, two cryptocurrency hedge fund management companies, JellyC and Trovio Asset Management, announced a merger aimed at attracting institutional investor funds, including pension funds. Australia-based JellyC will become the main shareholder of the merged entity.

ChainCatcher news, according to the analysis by SlowMist's MistTrack, there is a suspected connection between the Indodax hacker and the BingX hacker, as they used the same address (0x0c74c11443e60e011f884f547729127380ca1992) for money laundering.The Indodax hacker operates on Polygon, while the BingX hacker operates on BSC.SlowMist founder Yu Xian stated: "We have found evidence of connections between the hacking incidents of BingX, Indodax, CoinEx, Alphapo, Stake, etc., all pointing to the North Korean hacker Lazarus Group."Previously, on September 11, the wallet of the Indonesian crypto exchange Indodax conducted over 150 suspicious transactions across different networks, with a total loss of approximately $18.2 million. The suspicious address is exchanging various tokens for Ethereum.Subsequently, on September 20, BingX was attacked, with the estimated total stolen assets exceeding $43 million.

ChainCatcher message, Sonic Labs (formerly Fantom) co-founder Andre Cronje stated: "The real cost of running a blockchain (even a semi-successful one) for all L2s or application chains is as follows: the upfront cost for oracles and stablecoins is $7.5 million, with an annual cost of $3.5 million; the upfront cost for RPC, indexing, and dashboards is $200,000, with an annual cost of $700,000; VRF, Keepers, wallet support, and governance cost $500,000 annually; explorers, custody, and risk management cost $800,000 annually, totaling $13.2 million. The above applies only to Sonic.Here is our cost situation from last year: R&D $10.9 million; ecosystem $10.7 million; legal $410,000; compliance $3.8 million; infrastructure $2.4 million; marketing $1.4 million; bounties $1.2 million; sponsorship $400,000; media $350,000; regulation $200,000; events $100,000; total cost $35.6 million. (The above does not include exchange listings, fortunately, we do not need to do this this year.)"