Briefing

1. The total market value of cryptocurrencies has surpassed $2.9 trillion.

2. $SOL 's price increased by 31.4% over the past 7 days, ranking fourth in market value among cryptocurrencies.

3. $DOGE 's market value has surpassed USDC, becoming the sixth largest cryptocurrency by market value.

4. a16z crypto: Under the new cryptocurrency regulatory environment, tokens are expected to become "legitimate and compliant" tools.

5. Bank of Japan's October meeting opinion: After pausing interest rate hikes to assess the development of the U.S. economy, the Bank of Japan can consider further rate hikes.

6. Arthur Hayes: The market trend of BTC indicates that Trump will print money.

7. In the past 24 hours, the entire network saw liquidations of $696 million, with both long and short positions being liquidated.

8. Former SEC Chairman: The U.S. SEC should halt all cryptocurrency enforcement actions, and current Chairman Gensler should resign.

9. LookonChain data: MicroStrategy's average Bitcoin purchase price is $39,266, holding a total of 252,200 BTC.

10. Standard Chartered Bank analyst: It seems "inevitable" that SOL will reach a new high by the end of the year, and BTC will reach $125,000.

11. Stacks founder: The sBTC token upgrade may be launched as early as December.

12. CME "Fed Watch": The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 64.9%.