1. U.S. non-farm payroll data for October is significantly below expectations, with only 12,000 new jobs added, and the unemployment rate remains at 4.1%, increasing market expectations for a Federal Reserve rate cut.

2. CME data shows the probability of a 25 basis point rate cut by the Fed in November is as high as 93.1%, with a probability of 94.8% in December.

According to CME's 'FedWatch': The probability of a 25 basis point rate cut by the Fed in November is 93.1%, while the probability of maintaining the current rate is 6.9%. The probability of keeping the current rate unchanged in December is 5.2%, and the cumulative probability of a 25 basis point rate cut is 94.8%. - Original text.

3. Elon Musk donated $119 million to support Trump's presidential campaign, raising market concerns.

4. The U.S. government demands the return of $13 million in political donations from former FTX executives, involving several political groups aligned with the Democratic Party.

A recent document reveals that the U.S. government has gained more time to negotiate with certain political action committees to return up to $13.25 million donated in the names of former FTX executives Sam Bankman-Fried and Nishad Singh. The involved political groups are mainly aligned with the Democratic Party, including the Senate Majority PAC, Emily's List/Women Vote, and the Future Forward PAC, which received $6 million. Singh was recently sentenced to prison and three years of supervised release, sparing him from incarceration. - Original text.

5. 21Shares has submitted an XRP ETF application to U.S. regulators, indicating sustained market interest in cryptocurrency ETFs.

Market news: 21Shares has submitted an XRP ETF application to U.S. regulators. - Original text.

6. Investors are buying large amounts of Bitcoin ahead of the U.S. presidential election, increasing worries about future policy impacts.

7. A Florida court has ruled that the developer of the Rug Pull NFT project on Solana is guilty of money laundering and could face up to five years in prison.

A federal jury in Florida has found 21-year-old NFT developer Berman Jerry Nowlin (also known as Repulse and Zayous) guilty of conspiracy to commit wire fraud and money laundering, and he could face up to five years in prison, with sentencing scheduled for January 23, 2025. Nowlin and co-defendant Devin Alan Rhoden minted the 'UndeadApes' and 'Undead Lady Apes' NFT series on Solana, with Nowlin serving as the developer for both projects, which included creating NFTs using art engines, managing blockchain protocols, and writing Solana smart contracts. The two then executed a Rug Pull on a third NFT series, Undead Tombstone, deleting their Discord and Twitter accounts in April 2022, cutting off all communication with investors, and receiving nearly $400,000 in cryptocurrency through these three NFTs. Rhoden pleaded guilty to conspiracy to commit wire fraud and money laundering on May 24, 2024. His sentencing hearing is scheduled for November 20, 2024. - Original text.

8. The DEX trading volume on the Solana chain surpassed Ethereum in October, indicating increased market activity.

In October, the DEX trading volume on the Solana chain reached $52.157 billion, surpassing the trading volume of Ethereum DEX during the same period ($41.499 billion). - Original text.

9. Paxos has partnered with DBS Bank to launch the USDG stablecoin compliant with Singapore regulations, further expanding the use of cryptocurrency in Asia.

Paxos announced the launch of its second localized stablecoin product USDG in Singapore, which is a stablecoin compliant with Singapore regulations, with its USD reserves managed and held by DBS Bank. USDG complies with the upcoming stablecoin framework established by MAS in August 2023. Therefore, USDG is currently available on the Ethereum blockchain and will be launched on other blockchains as regulations evolve. This move comes just five months after the establishment of its interest-bearing stablecoin Lift Dollar (USDL), which is regulated by the UAE. Paxos's subsidiary in Singapore, Paxos Digital Singapore, received approval from the Monetary Authority of Singapore (MAS) for USDG in July. - Original text.

10. Kraken appoints former Dapper Labs CFO as new Chief Financial Officer, indicating changes in the company's management.

Kraken has appointed former Dapper Labs CFO Stephanie Lemmerman as Chief Financial Officer, succeeding the current CFO Carrie Dolan, who announced plans to resign earlier this year. Stephanie Lemmerman has also served as CFO of Recharge Payments and Vice President of Finance at Headspace. Previously, she worked at Activision Blizzard for seven years, overseeing global teams in corporate planning and accounting. - Original text.

11. JPMorgan report states that Bitcoin mining revenue and profit in October have declined for four consecutive months.

JPMorgan (JPM) stated in a research report on Friday that Bitcoin (BTC) daily mining revenue and gross profit have declined for the fourth consecutive month in October. JPMorgan estimates that the gross profit from Bitcoin's daily block rewards fell by 2% in October, reaching the lowest level on record. On the positive side, transaction fees soared to 60% of block rewards by the end of the month, providing some relief for hash prices. - Original text.

12. Mt. Gox address transferred Bitcoin worth $35 million last night, raising market concerns about the movement of funds.

Arkham disclosed on the X platform that a Mt. Gox address transferred Bitcoin worth $35 million last night. - Original text.

13. DeFiance Capital has purchased approximately $3.2 million worth of AERO tokens in the past two weeks, showing investment interest in emerging projects.

The Spartan Group has accumulated the purchase of 336,332 AERO (approximately $380,000) in the past 24 hours. The Spartan Group first purchased 443,851 AERO on October 7 and has since been steadily increasing its holdings. Meanwhile, DeFiance Capital has purchased 2.87 million AERO in the last two weeks, currently valued at $3.2 million. - Original text.

14. MicroStrategy continues to be viewed as one of the best ways to invest in Bitcoin, thanks to its smart leverage strategy.

Brokerage Canaccord stated in a research report on Thursday that Michael Saylor's software company MicroStrategy (MSTR) remains one of the best ways for stock investors to invest in Bitcoin (BTC) due to the company's smart leverage strategy. - Original text.

The above is a selection of hot topics from the last 24 hours. For faster news, please download AICoin (aicoin.com).