ChainCatcher news, TRON founder and HTX Global Advisory Committee member Justin Sun posted on platform X: "With the improvement of macro crypto policies, we are very optimistic about the market outlook (including ETH). We believe that now is an excellent time to continue accumulating and building, rather than selling."

ChainCatcher news, according to Cointelegraph, TV personality Jim Cramer pointed out that investors' confidence in U.S. Vice President Harris winning the 2024 presidential election is increasing while reviewing the stock market performance.However, due to the "Cramer inverse" effect, where Cramer's predictions often turn out to be the opposite of the results, some investors view his prediction for Harris as a signal for Trump's victory. Cramer's prediction was made the day before the U.S. election day, at which point cryptocurrency also became a political focal point.

ChainCatcher news, according to Caixin reports, former Binance CEO Zhao Changpeng stated at the second Gulf Investment Forum held in Bahrain: "Many people do not know the benefits here."Zhao Changpeng also mentioned that he has learned that Hong Kong peers are actively exploring RWA, but the price fluctuations of real-world assets are relatively small, making it difficult to form sufficient trading volume in the secondary market, and liquidity tends to gradually shrink. We need to wait for innovators to propose use cases that truly bring liquidity.In addition, Zhao Changpeng expressed great optimism about investment opportunities in the Middle East, focusing not only on blockchain investments but also strategically positioning in AI, biotechnology, and other fields in the GCC countries.It is reported that after obtaining the cryptocurrency service provider license granted by the Central Bank of Bahrain, Binance has also received approval for a banking license from the CBB, which means Binance has legal currency entry and exit channels in the region.

ChainCatcher news, according to Jinshi reports, Musk stated that the pricing of humanoid robots is expected to be between $20,000 and $25,000 by 2040.In addition, there are plans to launch a spacecraft to Mars within two years. He mentioned that he would be more optimistic if former U.S. President Trump were in the White House.

ChainCatcher news, according to Jinshi reports, ECB Governing Council member Knot stated that the market has anticipated the interest rate cut path in advance. We need to observe in December whether this is overly optimistic. If there are upward inflation risks, policy tightening may be slower. We must keep all options regarding interest rates open and make decisions in a gradual meeting approach to retain flexibility in interest rate choices. Although the current economic situation in the Eurozone is not very good, it is not as bad as people say. It is expected that the Eurozone will achieve a soft landing and a recession is not anticipated.

ChainCatcher news, famous angel investor Cai Wensheng stated in an interview that he is optimistic about Hong Kong's successful experience, and it may even be conveyed to mainland China in the future.Recently, I saw that a retired deputy governor of the People's Bank of China suggested that China should reconsider the development of cryptocurrencies. Although this does not represent an official statement, I believe it already indicates a trend; mainland China is rethinking the development of Web3 and cryptocurrencies.This is not something that will happen overnight. I believe that in the coming years, China will definitely embrace Web3 and may even reopen digital currency trading.It is reported that Cai Wensheng entered the internet field in 2000, founded 265.com in 2003, and was acquired by Google in 2007. After that, he transitioned to being an angel investor, investing in many companies such as Baofeng Video, 58.com, Internet Express, Optimization Master, CNZZ Data Statistics, China Webmaster Station, Yiming China, OKEX, and became a well-known angel investor in China.

ChainCatcher news, U.S. Congressman French Hill expressed optimism that the crypto market structure bill and stablecoin legislation will be considered before the end of 2024. Hill noted during a discussion at Washington DC's Fintech Week that these two bills may gain traction during the "lame duck period" after the November elections.Additionally, he emphasized that if these bills cannot pass this year, they will become priority issues for 2025. Currently, the House has passed the FIT 21 bill, which gives the Commodity Futures Trading Commission the authority to regulate digital commodities.

ChainCatcher news, Trump held a roundtable meeting with leaders of the Latino community, during which he stated that he would address some issues of fake news, and also mentioned that he has raised a lot of funds, with polls showing everything is very optimistic.

According to ChainCatcher news, Fox Business reporter Eleanor Terrett disclosed that Litecoin (LTC) founder Charlie Lee stated in an interview with Fox Business Channel, "I am glad to see Canary Capital submit a Litecoin ETF application. We are indeed seeing a lot of institutional demand for Litecoin. The daily growth of the Grayscale Litecoin Trust clearly shows institutional demand, with its price currently more than twice the net asset value. Given that Litecoin is a commodity very similar to Bitcoin, I hope to see the Litecoin ETF approved soon."Previous news, ETF issuer Canary Capital has submitted a registration application for the Litecoin ETF to the SEC.

ChainCatcher news, the series of data released recently has paved the way for a "soft landing" of the U.S. economy. With only 2 weeks left until the U.S. election, the market is pricing in the prospects of a Trump victory, and global financial markets are generally on the rise.According to 4E monitoring, the Dow Jones Industrial Average rose by 0.96% last week, the S&P 500 rose by 0.85%, and the Nasdaq rose by 0.80%. All three major U.S. stock indices have risen for six consecutive weeks, with the S&P and Dow setting records for the longest weekly winning streak this year. The cryptocurrency market is replicating the upward trend that historically begins in late October. As of the time of writing, Bitcoin is priced at $69,198, just a step away from the $70,000 mark, with a weekly increase of 10.41%. Ethereum is priced at $2,741, with a weekly increase of 11.95%.In the foreign exchange market, the U.S. dollar index fell after consecutive gains last Friday but still maintained above the 103 mark, with a weekly increase of about 0.6% and three consecutive weeks of gains. The intensifying U.S. election and expectations for more monetary policy easing have propelled spot gold to set new historical highs for two consecutive days last Thursday and Friday, with a weekly increase of about 2.4%. Silver rose about 7% for the week, reaching nearly a twelve-year high. The oil market performed poorly last week due to concerns about global demand prospects and the U.S. pushing for a ceasefire in Gaza, with U.S. oil falling over 8% for the week, ending a two-week winning streak, while Brent crude fell nearly 7%.The global economy is welcoming unexpected good news, and market optimism is becoming evident. However, as the U.S. election enters a critical phase, political uncertainty still exists. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, spot gold, and foreign exchange. Recently, it launched a USDT stablecoin wealth management product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

ChainCatcher news, Mossfire Capital co-founder Raymond Huang, during the Space "Bull Market is Coming, How Can Secondary Investors See Through the Market Fog?" organized by RootData, stated that he has always maintained a cautious attitude towards the Sui and Aptos ecosystems, believing that although these projects issued tokens early, their actual progress is limited.He added: "Solana's performance this year has been outstanding. Whether in the Meme field or in the Depin ecosystem, Solana has made significant progress, even attracting many established EVM protocols to start expanding towards it."

ChainCatcher news, JPMorgan analysts stated in their latest report that they are optimistic about digital assets in 2025, mainly due to the rise of "devaluation trading." As geopolitical tensions escalate and the U.S. elections approach, investors may turn to gold and Bitcoin to hedge against economic instability. The report also mentioned that the approval of spot Bitcoin ETFs, the nearing completion of bankruptcies in the crypto market, and the potential return of cash from the FTX bankruptcy will all drive growth in the digital asset market.

ChainCatcher message, according to Santiment on X, as Bitcoin surged earlier this week and briefly jumped above $66,000, traders are looking for opportunities in the GameFi and Memecoin sectors. The discussion rates among these altcoin segments indicate a sustained rise in interest levels. Historically, this suggests that the crowd's sentiment towards the market is gradually becoming optimistic. Considering the market has risen for 5 consecutive weeks, a slight FOMO is expected to persist, leading to more speculative assets sparking increasing discussions until a pullback injects fear into the crowd's narrative again.

ChainCatcher news, QCP Capital's latest analysis points out that despite a turbulent start to the month, Bitcoin's upward trend in October seems to be back on track. Currently, the Bitcoin price is comparable to last Monday's level. QCP notes that the "Uptober" narrative, along with strong non-farm payroll data, has helped Bitcoin find strong support around the $60,000 mark. The upcoming HBO Bitcoin documentary is also bringing more mainstream attention to the cryptocurrency, and meme tokens related to Len Sassaman are starting to gain traction.Despite a poor start last week, options flow still points to a bullish fourth quarter, with investors continuing to buy the $75,000/$95,000 call spread expiring in December. Considering the potential for future interest rate cuts and the strong correlation between Bitcoin and the stock market, QCP remains optimistic about October's strong performance. This Thursday's U.S. CPI data will be the market focus. Recently, U.S. wage and employment data has been strong, and the market will closely watch for any signs of rising inflation. The Federal Reserve's expectations for rate cuts have been adjusted from 50 basis points to 25 basis points within a week, and this week's data may determine whether further adjustments to rate cut expectations will be made.

ChainCatcher MN Trading founder Michaël van de Poppe posted on X: "After spending two weeks in Dubai, Singapore, and Thailand, I am on my flight back to Amsterdam.The market has completely reversed, and Bitcoin and DeFi are bullish.The first green week has appeared, but it is nothing compared to the upcoming 12-18 months."

ChainCatcher news indicates that Ethereum derivatives market indicators show that investor sentiment is becoming optimistic. CryptoQuant's research director Julio Moreno stated that the 30-day moving average of the funding rate has turned positive, suggesting that futures traders' bullish sentiment is strengthening.Moreno pointed out that this upward trend follows a long-term decline, indicating that market participants may be turning more optimistic.Coinglass data shows that since the Federal Reserve cut interest rates on September 18, the open interest weighted funding rate for Ethereum has been on a positive trend, currently at 0.0089%. QCP Capital analysts also noted an improvement in funding rates on major exchanges, believing this is related to the recent rate cuts. Since the Federal Reserve lowered the federal funds rate by 50 basis points on September 18, the price of Ether has increased by over 17%, outperforming Bitcoin's 10% increase during the same period.