At 21:30 Beijing time tonight, the United States will release the November CPI data, which will be the last important inflation data before the Federal Reserve's final policy meeting of the year. Economists expect the overall and core CPI in November to rise by 0.3% month-on-month, with year-on-year increases estimated at 2.7% and 3.3%, respectively. What we are most concerned about is the month-on-month increase in core CPI; if it exceeds the market expectation of 0.3%, it is very likely to lead the Federal Reserve to consider pausing interest rate cuts in December.

Which expert can guide me on how to transfer Tokenlon from the defi in my imtoken wallet? This was a staking activity organized by imtoken a few years ago, where I staked lon coins and usdt together, but I don't know how to proceed after all these years.
I would appreciate any guidance from those who know!

Dad and Uncle Elon will be in Paris today

ACX and ORCA Analysis:

1. Project Positioning and Market Demand
ORCA (Orca Protocol): Focused on decentralized exchanges (DEX) on the Solana network. Its speed, low cost, and user-friendly design have secured its place in the Solana ecosystem. As the Solana ecosystem expands, the demand for ORCA may further increase.

ACX (Across Protocol): A representative of cross-chain bridge technology, solving blockchain interoperability issues through efficient and secure cross-chain transactions. With the development of a multi-chain ecosystem, the demand for cross-chain bridges is immense, but competition is also very fierce (such as Synapse, Wormhole, etc.).

Market Demand Assessment:
ACX targets a broader cross-chain demand but faces intense competition. ORCA is deeply rooted in the Solana ecosystem, with more concentrated risks, but as Solana develops, its value may be more stable.

2. Technical Advantages and Innovations
ORCA: Known for its simplicity and efficiency, providing a trading experience similar to AMM (Automated Market Maker), mainly attracting DeFi newcomers and small to medium-sized users.

ACX: Utilizes optimistic oracles to ensure the security and speed of cross-chain transfers, which is a relatively new technological solution with a certain level of innovation.

Technical Advantage Assessment:
ACX is more breakthrough in technology, but whether it can maintain a long-term lead depends on its development progress and technological update capabilities. ORCA's core technology has been validated, posing less risk, but is not as innovative as ACX.

3. Market Competition and Ecological Support
ORCA: Competing within the Solana ecosystem against powerful DEX platforms like Raydium, but it offers a good user experience and has certain differentiation advantages.

ACX: Faces strong competitors in the cross-chain bridge space, such as Synapse and Wormhole, facing greater competitive pressure.

Competition Assessment:
ORCA's market is relatively concentrated with fewer competitors; ACX operates in a broader field but faces more intense competition.

4. Community and Partnerships
ORCA: Has established a certain community foundation, and the development of the Solana ecosystem directly impacts its long-term growth.

ACX: Actively promotes partnerships, with potential growth in the cross-chain ecosystem providing more opportunities.

5. Risks and Policy Factors
ORCA: Concentrated in the Solana ecosystem, posing greater risks if issues arise within the Solana network.

ACX: Faces greater regulatory and technological risks, particularly concerning the security of cross-chain bridges (such as past hacking incidents).

As Binance announced the launch of ACX and ORCA, a certain whale withdrew 512 ETH (worth 2 million USD), used 510 ETH to purchase 1,267,251 ACX, and deposited it into Binance.
Whale 2 spent 3,000 SOL (worth 720,000 USD) to buy 108,090 ORCA, and then sent 18,090 ORCA to another address.

Flow Traders, Amber Group, and GSR Markets are market makers for Binance's newly listed token ACX. Two months ago, Flow Traders received 10 million ACX from the UMA multi-signature address for market making, which was worth 2.94 million dollars at that time. Amber received 3.68 million tokens from various exchanges 8 months ago, while GSR Markets' interactions started 10 months ago.

In the past 50 minutes, a certain ancient ACX whale (or early investor) has sold 2.4 million tokens on-chain at an average price of 1.19 dollars (worth 2.85 million dollars), making a profit of 2.56 million dollars. Previously, between November 2022 and March 2024, this whale received a total of 12.03 million ACX from the Across Protocol multi-signature wallet, and if we estimate the cost based on the receiving price, their average cost was 0.1208 dollars.

How do I sell the coin #CAT ?

Federal Reserve Releases November Meeting Minutes, Predicts Rate Cut in December

On November 26, local time, the Federal Reserve released the minutes from the Federal Open Market Committee (FOMC) meeting held on November 6-7. According to the forecast in the minutes, the Federal Reserve may again cut rates by 25 basis points in December. The minutes show that the Federal Reserve decided to lower the target range for the federal funds rate by 25 basis points at the November meeting, bringing the benchmark funds rate to a range of 4.5% to 4.75%, and indicated that further adjustments to the monetary policy stance would help maintain the strength of the economy and the labor market while continuing to drive inflation lower.

Who can explain what exactly happened with #WBTC?
#WBTC

According to a report by Tianwangcha on October 19, recently, residents of San Pedro, Buenos Aires Province, Argentina, have been deeply trapped in the shadow of virtual currency trading fraud. About one-third of the residents (about 20,000 people) were attracted by the high return promises of virtual currency platforms and invested a lot of money. The virtual currency platform claims to pay 1% to 2% of US dollar returns every day, which has greatly stimulated the investment enthusiasm of local residents. Many people put their savings into it, and even sold their cars or increased their investment through loans. However, this investment method that promises extremely high returns usually hides huge risks. The platform announced on October 9 that it would suspend the withdrawal service for 14 days, claiming that this move was to cooperate with the local government's investigation.

QCP released a weekly summary saying that BTC rose 10.48% to a high of $69,000, and the psychological level of $70,000 is within sight. There is no major macro data as resistance next week. BTC ETF has seen significant inflows this week. As of Friday, ETF inflows reached $203.3 million and have been showing a net inflow trend for 6 consecutive days. The continued inflow of ETFs shows that institutional demand remains strong. With the US SEC approving the listing of Bitcoin ETF options on the New York Stock Exchange (NYSE) this morning, it is believed that this will provide the ETF with the required liquidity and attract sustainable capital inflows. Bitcoin's market share is currently at a multi-year high of 58%, a level last seen in April 2021. As it approaches the key resistance level of 60%, we believe this will lay the foundation for a strong recovery in the first-layer blockchain (L1) token. With the US stock market approaching its all-time high and the yen continuing to weaken, risk appetite will only strengthen further as the US election approaches. This would drive risk assets higher and support the “Uptober” rally narrative.

On September 29, Santiment released data on social media saying that after the price of Bitcoin rose 22% in 3 weeks, bullish sentiment has quickly replaced bearish sentiment, and traders expect the price of the currency to reach $70,000 soon.
If investors are waiting to see Bitcoin hit a record high, they may have to wait until people lower their expectations. Currently, the number of bullish views far exceeds the bearish views. But historically, the market always moves in the opposite direction of crowd expectations.

Big news in September

September 6th  U.S. non-farm data released.
September 10th  Trump vs Harris debate.
September 12th  ECB interest rate decision.
September 11th  CPI price index released.
September 18th  Trump hush money incident court ruling.
September 19th  Federal Reserve interest rate decision and economic forecast summary.
September 20th  BoJ interest rate decision.
September 23rd  U.S. cryptocurrency full committee hearing.
September 29th  CZ released.

Market information shows that as Biden announced his withdrawal from the election and will support Vice President Harris's campaign, Biden concept meme coins fell across the board, including: -JILLBODEN is now reported at $0.00001776, a 24-hour drop of 76.1%; -BODEN is now reported at $0.009401, a 24-hour drop of 59.59%; -HUNTBODEN is now reported at $0.0001059, a 24-hour drop of 29.04%. In addition, the floor price of the Solana ecosystem's THE JEO BODENS NFT series dropped to 0.050 SOL, a 24-hour drop of 68.02%.

On July 22, the official X accounts of TON ecosystem MEME projects DOGS and Pixelverse have been frozen. In addition, the X account of the founder of pixelverse has also been suspended.
An X user said that farmers in their community have reported these accounts, and claimed that they hope these project parties can understand that the community is the key. If the project party does not want to reward farmers, they should not contact them.
According to Coingecko market, Pixelverse's PIXFI token fell by more than 16% in 24 hours and is now reported at $0.05144 per coin.

SaucerSwap Labs said on social media that real-world assets (RWA) are the fastest growing area in DeFi. Between February and April 2024, the total locked value (TVL) of RWA soared by more than 60% to nearly $8 billion. Since the beginning of 2023, the growth has been even more astonishing, exceeding 700%. The market has shown a clear preference for debt-based, high-yield tokenized assets. Major global institutions are working to tokenize commodities, real estate, intellectual property, etc. This could result in trillions of dollars worth of assets being tokenized as RWA.

In response to Ethereum co-founder Vitalik Buterin’s latest remarks “against making political votes based on whether or not to support cryptocurrency”, Cardano founder Charles Hoskinson refuted: “My primary goal has always been to keep the government away from cryptocurrency as completely as possible, but when this goal is not possible, the remaining options are very clear. If they will continue to over-regulate, then we should not vote for them... Voting for Biden is voting for the demise of the US cryptocurrency industry. For this reason, we should vote for candidates who support cryptocurrency.”

7:00-12:00 Keywords: Federal Reserve, liquidation, ether.fi, Solana
1. The probability of the Federal Reserve keeping interest rates unchanged in August is 93.3%;
2. In the past 24 hours, the entire network has liquidated $202 million, mainly long orders;
3. The ether.fi community voted to pass the "Deploy ETHFI pledge contract" proposal;
4. ETF Store President: The spot Ethereum ETF S-1 revision is expected to end tomorrow;
5. Block founder: BTC will replace the US dollar, and BTC is expected to reach $1 million;
6. Analysis: If FTX's repayment of $16 billion to creditors is approved, it may drive the crypto market up
7. Solana client Firedancer plans to launch a $1 million bug bounty program on July 10;
8. Bithumb: Actively respond to South Korea's virtual asset user protection law and set up a maximum reward of 300 million won for reporting unfair transactions.

On June 24, according to Bloomberg, the selling behavior of some early investors and founders seems to be triggering a "cryptocurrency winter" for "altcoins". CoinMarketCap data shows that since the peak of Bitcoin prices in March this year, the market value of altcoins (that is, tokens other than Bitcoin, Ethereum or stablecoins) has fallen by nearly 30%, while Bitcoin still accounts for more than 50% of the estimated $2.4 trillion digital asset market. This year, the tokens of many projects began to "unlock", allowing venture capitalists and founders to sell digital assets acquired in early stages. TokenUnlocks data shows that 120 of the 138 tokens tracked have been unlocked this year, with a total market value of approximately $58 billion. This trend contrasts with the rebound in the cryptocurrency market and provides a good opportunity for long-term investors to sell. Edward Chin, co-founder of Parataxis Capital, pointed out that since the unlocking date is public, non-venture capital holders may sell in advance, exacerbating price declines. At the same time, the discounted sale of tokens in the over-the-counter market has also exacerbated market pressure. CoinMarketCap data shows that the prices of tokens such as DYDX, AVAX and PYTH have all fallen sharply, with DYDX falling by more than half since mid-March. TokenUnlocks CEO Tanawat Chiewhawan said that although token unlocking boosted prices in 2023, market participants' deepening awareness of unlocking and supply-side data has led more people to pursue short-term gains rather than long-term holdings. CCData data shows that among the approximately 90 top non-stablecoin assets tracked by centralized exchanges, only 12 assets have recorded positive returns since Bitcoin hit an all-time high on March 14, while 81 assets have recorded negative returns. Bitcoin fell by about 12% after reaching nearly $74,000, while 61 of the top 100 tokens fell by more than 25%, and 23 digital assets fell by more than 50%. Experts pointed out that altcoin prices are correlated with the prices of major network tokens such as Ethereum or Solana. When they fall, smaller altcoins are usually sold first, and token unlocking further exacerbates selling pressure. Token economics expert Lex Sokolin said that the current market situation is peculiar. Many infrastructure projects funded by investors during the bear market are now about to launch tokens, but these tokens do not have a large number of regular buyers when they are high.”

Golden Finance reported that Louisiana passed a Bitcoin bill to protect the right to use Bitcoin and curb central bank digital currencies. After House Bill 488 received bipartisan approval from the House and Senate, Governor Jeff Landry signed it into law. The legislation, led by Rep. Mark Wright and supported by Sen. Jean-Paul Coussan, aims to ensure the continued right to use Bitcoin while placing restrictions on CBDCs.
Main provisions of HB 488 - The new law provides several important protections for Bitcoin holders and miners:
Right to self-custody: The law ensures that individuals can safely hold their own digital assets. This provision is essential for financial security and sovereignty.
Freedom of transaction: It guarantees the right to use Bitcoin for transactions, allowing individuals and businesses to consume and accept Bitcoin without additional legal barriers.
Support for Bitcoin mining: The law supports Bitcoin mining in industrial areas and aims to promote Louisiana's economic development by attracting businesses and investments.