According to glassnote data, the number of addresses holding more than 10 BTC has exceeded 150,000. The data in the past two years has generally been between 120,000 and 130,000. It is obvious that industry veterans have begun to accumulate coins.

Yesterday, JPMorgan Chase, DBS Bank and SBI Digital Asset Holdings used the Aave protocol on Polygon, a second-layer scaling solution, to complete foreign exchange and government bond transactions on the Ethereum network. As a test, the banks swapped tokenized versions of Singapore government bonds for Japanese government bonds and Japanese yen for Singapore dollars.

This is a sign of major industry benefits.

In the crypto winter, many on-chain data continue to decline, but some data continue to grow.

For example, the second-layer gas consumption of Ethereum continues to grow, reaching a new high in October!

I really like the terms "proletarian intellectuals" and "question writers". There are many intellectuals who may have certain academic status and social influence, but in the final analysis they are just mediocre people with "knowledge but no insight". The concept of "question maker" is similar. In essence, they lack the ability to perceive the truth and can only output standard answers. But unfortunately, the truth in the world is often not a standard answer, and there is no standard answer. Judgment is important.

With the implementation of EIP-4844 in the future, there is still a lot of room for Ethereum L2 fees to decrease. In the next cycle, Ethereum L2 will be one of the most important participants in the entire encryption ecosystem.

The airdrop interactions of currently leading projects such as Arbitrum, Op, and Zksync are all worth doing.

Interest rate hike in November

In the early morning, the Federal Reserve raised interest rates by 75 basis points as expected. U.S. stocks fell sharply. Nasdaq fell 3.36%. Cryptocurrencies fell slightly. The interest rate meeting was dovish. The market generally expected the last interest rate hike at the end of the year to be 50 basis points. The current interest rate is 3.75 -4%, and it should be 4.35-5% by the end of the year. According to the current trend, interest rate hikes will definitely continue next year. U.S. think tanks generally expect to stop raising interest rates by the second quarter of next year, but this depends on subsequent CPI data and the economy and employment. Condition.