1. The annual rate of unadjusted CPI in the United States in September was 2.4%, which was the sixth consecutive month of decline, the lowest since February 2021, but higher than the market expectation of 2.3%. There is still a little negative news at the market level, but the problem will not be too big.
2. According to CME "Federal Reserve Watch", the probability of the Federal Reserve cutting 25 basis points by November is 83.3%, and the probability of maintaining the current interest rate unchanged is 16.7%.
3. L2 unichain made by Uniswap has officially announced: 1. The underlying layer uses Optimism's OP stack; 2. The MEV solution cooperates with flashbots. At present, most of the MEV on Ethereum comes from uniswap, and may be transferred to unichain later; 3. Support cross-chain transactions 4. Support uni pledge, and will not issue new coins. V God once said that it is not meaningful for uni to make a chain.
4. Metaplanet, a Japanese listed company, once again increased its holdings by 108.99 BTC and currently holds 748.502 bitcoins.
5. World Liberty Financial (WLFI), the Trump family cryptocurrency project, plans to raise $300 million at a $1.5 billion valuation in a token sale next week. The roadmap makes it clear that WLFI will be used as a governance token to vote on decisions about the future development of the WLFI platform. These tokens are non-transferable in the first 12 months. 63% of the token supply will be sold to the public, with 17% used to reward users and 20% for the team.
6. The Magic Eden rune market has opened up the bid (Bids) function for all rune tokens in preparation for the upcoming Runes Swap.
Bitcoin plunged with the announcement of CPI last night, but it fell below $60,000 in the short term and pulled back after being supported near 58,000. Although it was supported, it was very weak from the market point of view, and this weakness is expected to continue for a few days. Although the market is weak, the ecosystem has clearly strengthened, including various runes and Ordinals' NFTs. After a few days of observation, the runes are obviously operated by dealers, and the intention to raise gas is obvious. You can continue to pay attention and observe. Bitcoin 4-hour level should observe the position of 58,000. If it falls below this position, it will continue to adjust for a long time in the later period, otherwise it will adjust back to above 66,000 soon.
