Digital currency dynamics summary (2024-10-14)

1. Viewpoint: The trend of Meme coins is inevitable, and further transparency and fairness are still needed.

2. Last week, the US Bitcoin spot ETF increased its holdings by a total of 4,635 BTC, exceeding the production in the same period.

3. The monthly growth rate of Bitcoin demand is the highest since April.

4. Trader Peter Brandt: Bitcoin's rise often occurs in the second half of the halving cycle.

5. The ranking of the countries and regions most suitable for cryptocurrency business in the world in 2024 is released, with Dubai, Switzerland and South Korea ranking in the top three.

6. Suspect involved in a $180 million cryptocurrency scam fled after tampering with the ankle monitor.

7. Analysis: The macro factors affecting the performance of cryptocurrencies are shifting from monetary policy to the US election.

8. Ethiopia increases Bitcoin mining power allocation to 600 megawatts.

9. Viewpoint: The recent decline in the market value of stablecoins by $780 million may indicate a decline in market purchasing power.

10. Trump family crypto project WLFI introduced the details of the public sale in a live broadcast on October 14.

11. SlowMist: A new AI-themed MEV robot scam has emerged, using fake smart contracts to steal ETH.

12. South African tax authorities plan to include cryptocurrencies in their compliance plans.

13. Google searches for "Bitcoin" fell to the lowest level of the year, while searches for "memecoin" surged.

14. Monochrome plans to launch Australia's first Ethereum spot ETF on Cboe.