A gunman was arrested near Trump's campaign site, and MicroStrategy's stock rose 1,620%.

Headline

▌A man with a gun was arrested near Trump's campaign rally

On October 13, local time, the Sheriff of Riverside County, California, said that on the 12th, a man was arrested near the campaign rally of former US President Trump in Coachella Valley, California. The man was carrying a weapon and a fake pass. Local police said that the man might be planning to assassinate Trump. Local police said that the man's name is Wim Miller. At about 17:00 on the 12th, Western Time, he showed a forged pass at a security checkpoint and was found by the police to be illegally in possession of a shotgun, a loaded pistol and a large-capacity magazine.

▌Microstrategy Stock MSTR Soars 1,620%

Since Microstrategy adopted a Bitcoin-centric strategy, the company's stock MSTR has soared 1,620%, far outperforming Bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company's Bitcoin holdings now exceed 252,000 BTC. Microstrategy's Executive Chairman Michael Saylor remains optimistic about the price of Bitcoin as his company plans to further increase its BTC investment.

Market

As of press time, according to Coingecko data:

BTC's latest transaction price is $62,827.44, with a daily increase or decrease of -0.7%;

ETH's latest transaction price is $2,466.46, with a daily increase or decrease of -0.5%;

BNB's latest transaction price is $571.97, with a daily increase or decrease of -0.9%；

SOL's latest transaction price is 147.66 US dollars, and its intraday change is +0.8%；

DOGE's latest transaction price is 0.1112 yuan, and its intraday change is -0.3%；

XPR's latest transaction price is 0.5316 US dollars, and its intraday change is -1.3%.

Policy

▌Brazil’s Central Bank invites new participants to participate in the CBDC pilot program

Brazil is preparing to deepen activities around its central bank digital currency (CBDC) pilot project Drex. The Central Bank of Brazil announced that the pilot project will be open to more participants, aiming to expand the testing of more complex use cases in the platform. New alliances will be able to submit their proposals between October 14 and November 29 for review by the project’s executive management committee.

▌Trump: Musk wants to be in charge of cost-cutting positions, and a new position of "Minister of Cost Cutting" will be established

According to Fox News, former US President Trump said that Musk wants to be in charge of cost-cutting positions, and a new position called "Minister of Cost Cutting" will be established.

Blockchain Applications

▌Akash CEO: Regulators have recognized the unique benefits of DePIN

Alvaro Garcia, partner at Borderless Capital, recently said: "DePIN may be the only category in Web3 where value comes from outside the crypto industry," which he believes also makes the DePIN project uniquely resistant to the bear market that may affect other crypto projects. 

In a recent interview at the mainnet conference, Greg Osuri, CEO of Akash, the DePIN protocol, echoed this view. The protocol provides users with a decentralized market for buying and selling computing power using AKT tokens, and said that regulators have noticed the role of the project.

Cryptocurrency

▌10,000 ETH transferred from Gemini to unknown wallet

According to the on-chain data tracking service Whale Alert, 10,000 ETH ($24,537,817) was transferred from Gemini to an unknown wallet at around 4:18 am Beijing time.

▌Solana on-chain NFT sales totaled $5.883 billion

According to the latest data from CryptoSlam, Solana on-chain NFT sales totaled $5,883,178,441, with approximately 56,679,228 NFT transactions on the chain, including 5,022,921 buyers and 2,571,921 sellers. Historical data shows that Solana on-chain NFT sales exceeded $365 million in December last year, setting the largest monthly record to date.

▌PYTH worth more than $196 million is in pledge

According to Dune data, there are currently 601,694,481 PYTH in pledge, with a total pledge value of more than $196 million. The number of PYTH stakers has reached 118,704.

▌19.5 million XRP transferred from an unknown wallet to Bitstamp, worth more than $10 million

According to the on-chain data tracking service Whale Alert, 19,500,000 XRP ($10,307,186) was transferred from an unknown wallet to Bitstamp at around 1:53 am Beijing time.

▌Ethereum staking rate has reached 28.27%, Lido market share reached 27.94%

According to Dune Analytics data, the total amount of Ethereum beacon chain staking reached 34,577,370 ETH, and the staking ETH accounted for 28.27% of the total supply. Among them, the staking share of the liquidity staking protocol Lido reached 27.94%. In addition, there has been a net inflow of 16,406,002 ETH since the Shanghai upgrade.

Important Economic Dynamics

▌The probability of the Fed cutting interest rates by 25BP in November is 95.6%, and the probability of not cutting interest rates is 4.4%

According to CME's "Fed Watch": The probability of the Fed cutting interest rates by 25 basis points by November is 95.6%, and the probability of maintaining the current interest rate unchanged is 4.4%. The probability of a cumulative interest rate cut of 25 basis points by December is 15.4%, the probability of a cumulative interest rate cut of 50 basis points is 84.1%, and the probability of a cumulative interest rate cut of 75 basis points is 0%; the probability of a cumulative interest rate cut of 100 basis points is 0%.

Golden Encyclopedia

▌What is Proto-Danks Sharding

Sharding is a method of splitting a ledger into smaller parts, called shards. But proto-danksharding is one of the most opaque terms in the crypto world's vocabulary. The term doesn't particularly have a guiding meaning. Is proto short for prototype? Is this the same dank in your favorite meme folder? Both assumptions may be quite reasonable, but both are wrong. First proposed by protolambda and Dankrad Feist, who named the idea after themselves, proto-danksharding is a transaction type that accepts the above blobs. The solution using blobs is designed to overcome Ethereum's long-standing problems of high gas fees and low transaction throughput.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.