1. Conduct adequate research: Before investing, make sure you understand the project’s background, team, technology, and market needs, and try to choose projects with a good reputation and transparency. Check white papers and related materials.
2. Use a reliable platform: Choose reputable exchanges and wallet services. Check user reviews and security records to ensure the security of the platform, which usually has stricter security measures (e.g. Binance).
3. Be wary of high-yield promises: If a project or platform promises to guarantee high returns, it is usually a sign of fraud. Also, if a project requires you to recruit people or make continuous investments to get returns, it is also likely to be a scam. Understand the basic rules of investment. High returns are often accompanied by high risks. Any investment that claims to be risk-free or guaranteed should be viewed with caution.

Currently, Trump's probability of being elected as the US president in 2024 has risen to 60.7%, and Vice President Harris' probability of being elected is 39.3%.

As Trump's chances of winning the election increase, Bitcoin ETFs continue to flow in, market sentiment continues to improve, and Bitcoin has surged all the way to $68,400, and has now stabilized above $67,000. Next, it depends on whether Bitcoin ETFs will continue to flow in, adding to the volume of Bitcoin. (Now as long as Bitcoin ETF funds are flowing into Bitcoin, Bitcoin will continue to rise, and if funds are flowing out, Bitcoin will fall).

Citigroup: A sweeping Republican victory in the U.S. election would be the most powerful outcome for the crypto market.

The WLFI token sale of the World Liberty Financial platform supported by the Trump family has officially started, and the official website has been paralyzed several times due to the surge in traffic. As of 11:30 am Beijing time on October 16, the project has sold 687 million WLFI tokens, and the remaining 19.313 billion are for sale. At a price of $0.015 per token, the first-day sales were approximately $10.3 million. According to data, only 7,486 independent wallet addresses hold WLFI, far lower than the more than 100,000 registered users who joined the whitelist announced by the team the day before the token was released.
Official website 🔗 Portal: Enter WLFI on Twitter to find the official website. I won’t post the link. See the picture below

With only three weeks left until the US presidential election day, today's rally brings hope to the market in October.
Prediction website data: Trump has a 54.7% chance of being elected president, and Harris has a 44.7% chance of being elected president.

Blockchain concept stocks in the U.S. stock market continued to rise, with MARA and CLSK rising by more than 10%.
The Nasdaq 100 index rose 1%, hitting its highest level since July 16.
Matrixport: Volatility expectations in the options market reached a peak before the US election.
The probability that the Federal Reserve will cut interest rates by 25 basis points in November is 95.6%, and the probability of not cutting interest rates is 4.4%.
Deutsche Bank Provides FX to Crypto Market Maker Keyrock

The Trump family crypto project WLFI will be livestreamed at 20:00 Beijing time on October 14th, introducing: exclusive insights from the WLF team, consultants, special guests, why WLF is disrupting the industry, and details of the public sale. The public sale will be open to whitelisted users on October 15th.

Harris released her personal physical examination report in an attempt to encourage public scrutiny of Trump's health.

CZ: Deepfake videos of “me” promoting some never heard of token.

Experts: OpenAI may have exceeded the limits of its non-profit structure and faces restructuring and scrutiny.

Elton Musk: Great progress has been made in the Optimus robot, with a mass production cost of between $20,000 and $30,000. He also said that the robot can do anything you want, such as being a teacher, taking care of children, walking the dog, mowing the lawn, buying groceries, and even being your friend and serving tea and water. Would you like to buy one?

Berkshire Hathaway further reduced its stake in Bank of America, bringing its stake to below 10%.
Polymarket predicts that Trump's probability of winning has risen to a two-month high, currently at 55.5%, and the amount of bets on the election exceeds US$1.6 billion.

The probability of the Fed cutting interest rates by 25 basis points in November is 86.7%, and the probability of not cutting interest rates is 13.3%. Senior Fed officials have repeatedly said that interest rate cuts should be cautious and data-dependent.
The Federal Reserve will release the minutes of its September meeting at 2 a.m. this Thursday.
FTX and Alameda CEO Caroline Ellison will hold a settlement hearing on November 20.
Former FTX executive Pyan Salame will report to the Federal Correctional Prison on October 11 to serve a 7.5-year sentence.
Bernstein reiterated that if Trump wins the presidential election, the price of Bitcoin could reach $80,000 to $90,000.
Gate released its reserve report for October 2024, with a total reserve of $6.499 billion and an excess reserve growth of 26.6%. The reserves of mainstream coins BTC are 20,070 and ETH are 275,530.

The A-share market continued to be hot after the National Day, setting many records at the opening in the morning!

On the first trading day of October after the National Day, the A-share market opened with a bang: the Shanghai Composite Index rose by 10.13%, the CSI 300 Index rose by 12.67%, and the ChiNext Index rose by 18.44%. The Shanghai Composite Index and the CSI 300 Index both achieved the largest opening gains since 2000, while the ChiNext Index achieved the largest opening gain in history.
During the auction period, the two markets traded over 100 billion yuan, and in just 20 minutes, the trading volume of the two markets exceeded 1 trillion yuan, breaking the previous record of the fastest trillion yuan record set on September 30. More than 70 minutes after the opening, the trading volume exceeded 2 trillion yuan; the half-day trading volume reached 2.5 trillion yuan, which is close to the historical record of the previous trading day;

Middle East Situation:
Hamas fired a barrage of rockets at the Israeli capital Tel Aviv, marking a further escalation in the year-long conflict. Israel also launched a ground and air offensive against Lebanon on its northern border to combat Hezbollah, another Iran-backed group, while continuing to carry out air strikes on the southern suburbs of Beirut.
Foreign media: If Trump wins, Robinhood Chief Legal Officer Dan Gallagher will become the main contender for the chairman of the US SEC.
The Federal Reserve expects to cut interest rates by less than 50 basis points this year.

Sign up for the Binance 2024 Trader League: Investor Rewards Competition, Volume Competition, Individual Competition, Welcome Bonus, etc. Show your trading skills and share up to $10 million in cryptocurrency rewards. Trading starts on October 8, 2024, and there are 20 hours left to sign up. Everyone, hurry up and participate!
Registration entrance: More-Popular Events-2024 Traders League-Registration is OK

Trump returned to the assassination site to hold a campaign rally. Musk updated his social media account profile picture, wearing a dark MAGA hat, attending Trump's campaign event and giving a speech. Multiple related meme coins rose. (DMAGA rose 174.5% in the past 24 hours).
China's State Council Information Office will hold a press conference at 10 a.m. on Tuesday, October 8, to introduce the "systematic implementation of a package of incremental policies to solidly promote economic growth, improve its structure and maintain a positive development trend" and answer questions from reporters.
U.S. Representative Ro Khanna becomes the first Democrat to support Bitcoin reserves.

Macroeconomic outlook for next week: Federal Reserve officials will come out in force to deliver speeches, and CPI may support slowing down the pace of interest rate cuts.

Trump is about to return to the site of the "failed assassination" and hold a campaign rally.
Billionaire Mark Cuban: If SEC Chairman was not Gary Gensler, the FTX collapse could have been avoided.
Biden: Worried that Trump "will refuse to accept the election results."
The total asset management scale of Hong Kong Bitcoin ETF exceeds HK$2 billion, and OSL partners account for more than 60%. The transaction volume of 6 Hong Kong virtual asset ETFs today is HK$9.3591 million.
HKVAX has obtained a license from the Hong Kong Securities Commission, becoming the third licensed virtual asset trading platform.

The US unemployment rate unexpectedly fell to 4.1%, and the pace of hiring accelerated significantly in September. The non-farm data released a strong and positive signal for the economy, and the need for the Federal Reserve to maintain a large interest rate cut in the remaining two meetings this year has been further reduced.

The White House praised the non-farm data, saying that the unemployment rate had dropped to a 50-year low during his tenure, and that it continued to work hard to develop the middle class.
After the release of non-farm data, the probability that the Federal Reserve will cut interest rates by 25 basis points in November is even 89.4%.
Polymarket has launched a prediction market for the identity of Satoshi Nakamoto, allowing users to bet on the creator of Bitcoin. Currently, 58% of people believe that the famous cryptographer Len Sassaman is a possible candidate.

The last three months focus on information:

The previous value of initial jobless claims in the United States for the week ending September 28 was 21.9, the market expectation was 22, and the announced value was 22.5, which is positive.

The probability of the Federal Reserve cutting interest rates by 25 basis points in November is 62.8%.

US President Biden: Some sanctions will be imposed on Iran.

A U.S. federal appeals court has approved a derivatives exchange to list event contracts related to the U.S. election.

Gurbir Grewal, the U.S. SEC's enforcement chief, will leave the company on October 11.

Society for Worldwide Interbank Financial Telecommunication (SWIFT): Plans to conduct a global bank digital asset transaction trial in 2025 to help banks promote token transfers.

Iran launched missiles at Israel, the situation in the Middle East escalated, US stocks and cryptocurrencies fell collectively, and the oil sector rose before the market opened. Bitcoin spot ETF saw the largest outflow in nearly a month. Port strikes exacerbated US inflation concerns.

Israeli officials: Major retaliation will be launched against Iran, targeting oil production equipment.

Biden: The United States is ready to assist Israel in defending against an Iranian attack.

Binance Web3 wallet updates financial management section: SimpleYield adds 13 new protocols and SOL staking.

Sui ecological protocol Scallop's total lending amount reached 100 billion US dollars.

Telegram privacy policy remains unchanged, founder clarifies scope of data sharing.

Powell's speech lowered expectations for a sharp rate cut, and both U.S. stocks and Bitcoin hit their best performance in history in September. On October 1, Powell said in his speech that if the economy performs as expected, interest rates may be cut twice more this year, with a total of 50 basis points.

Trump personally attacked Harris, saying she had a "mental disorder."

The probability of the Federal Reserve cutting interest rates by 25 basis points in November has risen to 62.9%.

A 50 basis point rate cut by the Federal Reserve will result in a $625 million reduction in interest income per year for issuers of U.S. dollar stablecoins.

An Ohio senator has introduced a bill that would require state and local governments to accept cryptocurrency as a form of payment for taxes.

A-share trading volume set a new record, with the trading volume of the two markets exceeding 2.5 trillion. The Shenzhen Stock Exchange's trading volume was 1373.6 billion, and the Shanghai Stock Exchange's trading volume was 1130.7 billion. The Shanghai Composite Index closed at 3336.5, up nearly 7% on the day, a record high in more than 13 months.

Powell will deliver a speech to the National Association for Business Economics at 1:55 a.m. Beijing time, and it is possible that he will indicate the future policy direction of the Federal Reserve in this speech.

Analysis: Powell’s speech on Monday and Friday’s non-farm payrolls data may affect the future trend of the crypto market.

ZA Bank has been approved to conduct virtual asset transactions.

Zhu Guangyao, former vice minister of the Ministry of Finance of China, called for attention to be paid to the research on the development of cryptocurrency, as it is a crucial aspect to the development of the digital economy. Among the emerging market countries, Russia, South Africa, Brazil and India have also taken action in the BRICS countries.

CZ: GiggleAcademy has made great progress and will continue to invest in blockchain, decentralized technology, AI and biotechnology in the future. We also plan to invest more time and money in charity and education.

The mining of new coins for Huobi HTX No. 55, 56 and 57 will be launched simultaneously at 20:00 tonight.

The main seller of Ethereum spot ETF is ETHE. As of now, ETHE holds a total of 1,673,190.24 ETH, and has sold a total of approximately 942,039.67 ETH, accounting for 36.03% of the total.

Changpeng Zhao (CZ) was released two days earlier than originally planned, and will regain his freedom with a fortune of $60 billion, ranking eighth on Baidu's hot search list (the 25th richest person in the world). He posted his first tweet "GM" after being released from prison.

Expectations for a Fed rate cut are rising. Fed observation data show that the probability of a 25 basis point rate cut in November is 50.1%, and the probability of a 50 basis point rate cut is 49.9%.
Elton Musk posted a picture with Trump and once again with the DOGE character. Previously, he said on the social platform: "If there is an opportunity, I look forward to serving the United States, without pay, title, or recognition."