1. Obama is campaigning for Harris: He encouraged black people not to sit idly by in the election, and believed that some people did not want to see a female president in the United States. When he made this statement, Harris was stepping up efforts to regain the final victory. Friends, who do you hope will be elected as the next president of the United States?

2. Latest news: North Korea threatens to wage war against South Korean drones. North Korea claims that South Korean drones recently flew over Pyongyang, allegedly dropping anti-North Korean propaganda, and threatens South Korea that it will use all means to attack if this happens again. A few days ago, North Korea vowed that it would not clash with South Korea.

3. Two buildings collapsed in Beirut due to Israeli air strikes, and Beirut's working-class Bastar district suffered serious damage

4. Dallas Federal Reserve Bank President and CEO Logan said that the U.S. economy remains strong and stable. She said that recent inflation data is very good, and the relaxation of restrictive policies will still curb inflation.

5. Just now #标普500 The index hit a new record high (above 5800 points), rising more than 60% since the low point in October 2022, and experienced multiple double-digit corrections during this period (Figure 1)

6. Consumer Price Index #CPI数据 There is a gap between inflation and core CPI inflation. The headline inflation rate has fallen again and is now back to pre-COVID-19 levels. Core inflation is still high and much higher than pre-COVID-19 levels. That is why the Fed said in the next few FOMC meetings that it is not in a hurry to cut interest rates significantly because the inflation problem has not been completely solved.

Combined with cryptocurrencies, for Bitcoin #BTC☀️ , if the Fed does not inject more liquidity into the system, it may suppress the growth of Bitcoin $BTC. The current macro environment is favorable for Bitcoin, but we lack the catalyst that can trigger the next stretch.

7. Let’s talk about the world’s economies and population birth rates. Among the ten countries with the largest economies, none of them has reached the replacement rate. The global fertility rate has been declining. The countries with the lowest fertility rates are China, Italy and Japan, with fertility rates of 1.16, 1.25 and 1.30 respectively.

Interestingly, the countries with the highest fertility rates are India, France, and Brazil, with fertility rates of 2.0, 1.8, and 1.64, respectively (Figure 2).

9. The number of initial unemployment claims in the United States rose to the third highest point in three years. As of October 5, the number of first-time unemployment claims in the week increased by 33,000 to 258,000, higher than the expected 230,000. Roughly 50% of the increase was driven by Hurricane Helene, which means that the remaining 50% of the increase was not driven by Hurricane Helene. The number of continuing claims was 1.86 million.

10. The University of Michigan predicts that the 1-year inflation expectation will rise to 2.9% in October, from the previous forecast of 2.7%, and the 5-10-year inflation expectation will drop to 3%, from the previous forecast of 3.1% (Figure 3)

11. Chart of the percentage of stablecoin market capitalization in Bitcoin: If the purple line breaks down, then Bitcoin will tear and wait for the reversal of the downward trend. Refer to the yellow trend channel. At that time, it may be the top of#BTC$BTC (Figure 4)

12. Decentralized prediction markets are taking the world of cryptocurrency by storm, with the total value locked #tvl The growth in numbers presents opportunities for investors, and as these markets expand, they could open Pandora’s box