特朗普提名前美国证券交易委员会(SEC)主席 Jay Clayton 担任纽约南区检察官。Clayton 在 2017 至 2020 年担任 SEC 主席期间，主导了多个加密领域的执法行动，包括对 ICO 项目 Kik 和 Telegram 的诉讼，以及对 Ripple 提起的诉讼，指控其通过未注册的XRP 销售筹集资金。Gary Gensler 表示，Clayton 在加密市场的执法力度让 SEC始终保持警觉。

Trend is king

I didn't buy it, why is the news so delayed? Even if you knew about it, would you buy it? Let's think about this question.

Tesla trades Bitcoin for the first time in two years

Grayscale

When will aleo be listed on Binance?

Aleo is a privacy-focused blockchain project that aims to use zero-knowledge proof technology to build a decentralized, privacy-preserving application platform. Since its inception, Aleo has attracted the attention and investment of many well-known investment institutions. Here are some of the major investment institutions:

1. a16z (Andreessen Horowitz)

• The well-known venture capital firm Andreessen Horowitz is one of the main investors in Aleo. The company has invested in many leading projects in the blockchain and cryptocurrency fields, and pays special attention to supporting early projects with innovative technologies.

2. SoftBank Vision Fund

• SoftBank Vision Fund is one of the world's largest technology investment funds and has invested in many high-growth technology companies. SoftBank's investment in Aleo shows their confidence in the long-term potential of privacy-preserving blockchains.

3. Tiger Global Management

• Tiger Global Fund is a leading global investment company with a wide range of investment layouts in the blockchain and fintech fields. Tiger Global's investment in Aleo further demonstrates their recognition of the application of blockchain technology in privacy protection.

4. Samsung Next

• Samsung Next, the investment arm of Samsung, also participated in Aleo's financing. Samsung Next is committed to supporting innovative technology companies and has many related investments in the fields of blockchain and privacy technology.

5. Coinbase Ventures

• Coinbase's venture capital arm, Coinbase Ventures, invested in Aleo to support the privacy-preserving blockchain ecosystem. Coinbase Ventures usually supports projects that can promote the development of the cryptocurrency ecosystem.

6. Polychain Capital

• Polychain Capital is a venture capital firm focusing on blockchain and cryptocurrency, and has invested in many well-known blockchain projects in the early stage. Polychain's investment in Aleo shows their recognition of the project's potential in the field of privacy protection.

Daily Hot Spot Selection (September 30)]
1. Canada extends the compliance period for cryptocurrency trading platforms to the end of 2024, aiming to protect investors and ensure that trading platforms meet regulatory requirements.
2. This week, the total net inflow of BTC ETF reached US$1.1085 billion, and the total net inflow of ETH ETF reached US$85 million, indicating that institutional investors are gradually regaining confidence in buying.
3. Next week, multiple tokens will be unlocked, with a total release value of approximately US$270 million, including OP worth US$58.29 million on September 30 and SUI worth US$110 million on October 1.
4. The United States will release September non-agricultural data on October 4, and the market is paying close attention.
5. The founder of MN Trading said that the Bitcoin and DeFi markets have turned bullish, and the market is optimistic in the next 12-18 months.
6. A high-win ETH band whale bought 1,504 ETH at an average price of US$2,653, worth approximately US$3.99 million.
7. Legal experts clarified that the SEC v. Green United case only targets specific fraudulent behavior and does not affect the sales of crypto mining hardware.
8. Dutch regulators warn investors about the risks of "pump and dump" scams in the cryptocurrency market and will strictly enforce new regulations after MiCA comes into effect.
9. The dynamic Bitcoin inscription artwork "Ascend" will be auctioned at Christie's for the first time, marking a breakthrough for digital artworks in the traditional auction market.
10. FTX will set aside up to $230 million from government confiscation proceeds for shareholders, and creditors expressed surprise and anger.
11. HSBC issued a HK$1 billion digital bond through its Orion DLT platform, the first digital note issued and listed in Hong Kong.
12. The survey shows that 34% of professional investors in London have invested or plan to invest in digital assets, showing the increasing attractiveness of the digital asset market.

ton

Also, why did it surge?
The price of Aleo's token has recently skyrocketed, mainly due to several factors. First, Aleo officially launched its mainnet in mid-September and quickly entered major exchanges such as Coinbase, Gate, MEXC and Hashkey. These all provided liquidity and market exposure to support the initial gains of the token.

However, there are also some short-term factors in the market behind the surge. For example, the Fed's decision to cut interest rates has also had a positive impact on the entire crypto market, enhancing the market's risk appetite and driving the rise of multiple tokens including Aleo. In addition, the market's expectations for Aleo's mainnet functions and privacy technology have also increased the attractiveness of the token.

However, it is worth noting that although the short-term price has fluctuated sharply, the Aleo project still has some problems in transparency, token circulation and ecological construction, which may pose challenges to its long-term development#aleo

Ethereum's recent rise is related to Vitalik Buterin's speech at the Token 2049 conference. In this speech, Vitalik Buterin emphasized the technological progress and ecosystem improvements of Ethereum in recent years, including reducing transaction confirmation time, improving network efficiency, and the widespread application of Layer 2 solutions. These improvements make Ethereum closer to traditional Web2 products in terms of user experience, making the actual application scenarios of blockchain and cryptocurrency richer.

Today's cryptocurrency news summary:

1. **Spot Bitcoin ETF trading volume surges**: BlackRock and Fidelity's spot Bitcoin ETFs had a total trading volume of $739.51 million on September 23, showing strong investor demand for Bitcoin

2. **Siemens settles digital commercial paper via blockchain**: Siemens used JPMorgan Chase's Onyx blockchain platform to complete the issuance and settlement of a digital commercial paper. The transaction took only 93 seconds, showing the potential of blockchain technology in the financial field

3. **DeFi protocol Bankroll Network attacked**: Decentralized financial protocol Bankroll Network was hacked on September 22, losing about $230,000. Hackers used contract vulnerabilities and flash loan mechanisms to make illegal transfers

4. **Mango Markets intends to reach a settlement with CFTC**: Decentralized exchange Mango Markets is considering reaching a $500,000 settlement with the U.S. Commodity Futures Trading Commission (CFTC) to avoid litigation. This proposal still needs community approval

The Fed's rate cuts usually have a wide impact on financial markets, including the cryptocurrency market. Here are the advantages that rate cuts may have on the cryptocurrency market:

1. **Increased liquidity**: Rate cuts mean lower borrowing costs and increased liquidity in the market. This usually drives investors to look for higher-yielding assets, and cryptocurrencies often become one of their choices.

2. **Increased safe-haven demand**: In an environment of rate cuts, the actual yield of traditional currencies decreases, and investors may seek safe-haven assets, such as cryptocurrencies such as Bitcoin, as a hedge against inflation and currency depreciation.

3. **Positive market sentiment**: Rate cuts are often seen as a means of stimulating the economy. This positive economic expectation may be transmitted to the cryptocurrency market, boosting overall investment sentiment and driving up coin prices.

4. **Depreciation of the US dollar is good for cryptocurrencies**: Rate cuts often lead to a weaker US dollar, and cryptocurrencies are mainly denominated in US dollars. The depreciation of the US dollar will make crypto assets relatively more attractive.

This week, the cryptocurrency market may usher in a wave of rising prices, but investors still need to pay attention to market volatility and potential risks. #美联储宣布降息50个基点 #token2049 #加密市场反弹

I like shib

Several ways to make money in the cryptocurrency circle

#1. **Trading**
- **Short-term trading**: Earn the difference caused by price fluctuations through frequent buying and selling. This method usually requires a high sensitivity to the market and technical analysis capabilities, such as intraday trading or swing trading.
- **Long-term holding (HODL)**: Choose a potential cryptocurrency and hold it for a long time to wait for its value to increase. Bitcoin and Ethereum are the most common long-term holding targets and are suitable for long-term investors.

#2. **Mining**
- By providing computing power to the blockchain network to verify transactions, miners can receive newly generated cryptocurrencies as rewards. Mining requires computing equipment and electricity support, and is common in blockchains such as Bitcoin and Ethereum.

#3. **Staking**
- On some blockchains based on the PoS (Proof of Stake) mechanism, users can stake their own cryptocurrencies as verification nodes of the network. The staker obtains corresponding benefits based on the amount and time of the stake.

### 4. **Decentralized Finance (DeFi) Investment**
- By participating in decentralized finance protocols, users can deposit cryptocurrencies into lending platforms, liquidity pools, etc. to earn returns. For example, providing liquidity can earn transaction fees or platform token rewards.
- DeFi's **Liquidity Mining** allows users to earn returns by depositing tokens into the protocol, which is similar to the interest on fixed deposits in traditional finance.

### 5. **NFT (Non-Fungible Token) Trading**
- NFT is a blockchain-based digital asset that is widely used in areas such as art and game items. Investors can profit by buying and reselling rare NFTs, especially through emerging NFT projects or works released by celebrities.

#6. **Yield Farming**
- Users earn returns by moving assets between different DeFi protocols and using high-return liquidity pools. Usually involves the interoperability of multiple protocols, with higher risks but greater potential returns.

#7. **IDO/ICO Investment**
- Investors participate in early financing of crypto projects, such as ICO (Initial Coin Offering) or IDO (Initial Offering on a Decentralized Exchange), and can buy tokens at a lower price.If the project is successful, the token price may increase significantly in the secondary market.

Increased liquidity is bullish
In August 2024, the market value of **stablecoins** (such as USDT, USDC, etc.) in the cryptocurrency market showed significant growth, and the market value of stablecoins increased to **169.8 billion US dollars**. This growth indicates increased demand for stablecoins, especially during periods of market volatility, when investors often move funds into stablecoins to reduce risk. Such assets are often viewed as safe havens because they are pegged to fiat currencies such as the U.S. dollar and are less volatile.
This trend may also be related to some macroeconomic factors, such as investors’ expectations for changes in the Federal Reserve’s monetary policy and the impact of increased liquidity in global markets. #BTC15万

The direct impact of Trump’s hush money case on the currency circle is not significant, but it may affect market sentiment and investor behavior indirectly. Mainly reflected in the following aspects:

1. **Market Sentiment Fluctuations**: The Trump case involves political and legal uncertainty, which may intensify the market's risk aversion. Financial markets, including cryptocurrency markets, may experience short-term volatility when there is political unrest or when high-level figures face legal challenges. Some investors may shift funds to safe-haven assets such as gold, or reduce their positions in risky assets in the short term.

2. **The impact of the U.S. dollar and financial markets**: If such cases intensify market concerns about U.S. political stability, it may affect the trend of the U.S. dollar. A falling dollar or instability in financial markets could push some investors to turn to Bitcoin and other cryptocurrencies as a safe haven

3. **The impact of the long-term regulatory environment**: The Trump case reflects the legal and regulatory environment in the United States. If the case triggers discussions about stricter regulation, especially involving capital flows or financial system transparency, it may indirectly affect policymaking in the cryptocurrency industry and, in turn, the future development of the industry.

Overall, although this case does not directly target the currency circle, its political, economic and regulatory impact may indirectly affect the crypto market. #美国8月非农就业人数不及预期

Today, the overall market of the cryptocurrency market is relatively volatile due to various factors. Bitcoin is currently fluctuating around $56,300, while Ethereum is maintained at around $2,380, which is a decline from the previous few days. This is closely related to the poor performance of the US non-farm data. The data shows that the number of new jobs in the United States in August was far lower than expected. The market's expectations for the Fed's possible interest rate cuts in the future have increased, causing pressure on the cryptocurrency market.

From a technical analysis point of view, Bitcoin has support at $58,200 in the short term. If it can break through the pressure level of $61,800, market sentiment may improve. Ethereum focuses on the resistance range of $2,700. If it can break through, it is expected to rise further to $2,850. In terms of operating strategy, investors are advised to be cautious, set stop-loss positions, and pay attention to changes in the external macro economy.

The US non-farm payrolls (NFP) data for August 2024 was released today. Economists expect about 162,000 new jobs to be added, and the unemployment rate may fall slightly from 4.3% to 4.2%. The NFP report is an important indicator of the health of the US labor market and has a huge impact on the market, especially when the Federal Reserve decides on interest rate policy.

If the actual employment data is lower than expected or the unemployment rate rises, it may indicate a further slowdown in the economy, which will push the Federal Reserve to consider a rate cut at its meeting on September 18. However, if job growth is strong, it indicates that the economy is resilient and reduces the possibility of a large rate cut by the Federal Reserve.

Over the next seven days, Bitcoin (BTC) price action may fluctuate, but the overall upward trend is likely to remain. Multiple analyses show that current market sentiment is optimistic, especially with investors anticipating the possible approval of a Bitcoin exchange-traded fund (ETF), which has driven Bitcoin’s price.

In the short term, Bitcoin’s price is expected to fluctuate between $60,000 and $75,000. Technical analysis also shows that Bitcoin’s price action will maintain a bullish trajectory before the halving event, which could further stimulate demand and price increases.

However, it is necessary to be wary of market volatility, especially in the case of changes in macroeconomic and crypto policies, and prices may also experience a short-term correction.