📢 Macro
⚫️NASDAQ increases slightly by 1%, standing at 18.2k, while Gold remains stable.
⚫️Despite a disappointing jobs report, stocks continue to rise.
⚫️Markets are almost certain, pricing in a minor rate cut of 0.25%.
⚫️Nvidia is poised to join the ranks of the Dow Jones Industrial Average.
⚫️Following agreed production cuts, oil prices have climbed by 2%.
⚫️Perplexity AI introduces a new hub for election-related information.
⚫️MIT reveals its latest large language model.
⚫️The social platform Threads reaches 275 million users.
⚫️X updates its platform to allow blocked users to view posts.
💰 #Crypto
⚫️#BTC is down 2%, dropping below $69k, as election odds fluctuate.
⚫️Cryptocurrency markets show heightened volatility, with predictions of a ±10% move depending on election outcomes.
⚫️21Shares is in the process of applying for an XRP #ETF .
⚫️Singapore is advancing regulations for tokenizing real-world assets.
⚫️UBS debuts a tokenized fund on the Ethereum network.
⚫️Circle considers launching a stablecoin pegged to the Hong Kong Dollar.
⚫️Tether introduces a new stablecoin linked to the Dirham on the #ton network.
⚫️Significant cryptocurrency unlocks totaling $2.8 billion are expected this month.
⚫️Tron reports its second-highest revenue month ever.
⚫️Solana reported having 120 million active addresses last month.
⚫️Coinbase criticizes the #SEC for causing banks to shy away from cryptocurrencies.
🌟 Web3 & NFT
⚫️GOAT’s valuation rebounds to $510 million after it incorporates video and image functionalities.
⚫️AI-themed coins like ZEREBRO, ai16z, and Fartcoin lead gains in their respective categories.
⚫️PONKE secures a perpetual listing on Binance.
⚫️BAN reaches a $30 million valuation after Bouhanna’s admission to creating the coin.
⚫️Metawin suffers a $4 million hack.
⚫️Rekt drinks successfully sells out 222,000 units of its product.