2024-10-14, Monday, Daily News (Selected)

[Policy News]
The probability of the Fed cutting interest rates in November is 95.6%, and the probability of not cutting interest rates is 4.4% (Announcement time: November 8th 02:00 UTC+8)
2. The Financial Services Commission of Korea plans to establish a virtual asset committee this month and hold its first meeting.
3. China Banking and Insurance Regulatory Commission: Leading the drafting of local financial supervision and management regulations
4. The South African tax authority plans to include Cryptocurrency in the Compliance program.

【Macro News】
1. In September, the annualized PPI in the United States recorded 1.8%, higher than the market's expectation of 1.6%. The previous value was revised upward from 1.7% to 1.9%.
2. The one-year credit default swap in the United States rose to 48 basis points, the highest level since November 2023.

4. OpenAI releases experimental framework 'Swarm' to create and coordinate artificial intelligence agent networks.

【Cryptocurrency News】
1. The net inflow of funds into the US SpotBTCETF last week was $356 million, and the net inflow into the US SpotETHETF yesterday was $1.9 million.
2. Last week, the US BTC Spot ETF increased its holdings by a total of 4635 BTC, exceeding the BTC production during the same period (3150 BTC).
3. Data: ARB (worth about $49.4 million), AXS (worth about $43.1 million), EIGEN (worth about $43.9 million), and other tokens will be unlocked next week.
4. The total market capitalization of rune reached $1.51 billion, an increase of 13.71% compared to yesterday.
5. Ripple CEO: SEC ignores the court's ruling that XRP is not a security and oversteps its authority
6. The Avalanche Foundation will repurchase nearly 2 million AVAX sold to Terra in 2022.
7. Prison records show that former FTX executive Ryan Salame has begun serving a seven-and-a-half-year sentence.
8, the founder released the latest version of Ordinals 0.21.0

Greed and Fear Index: 48 (Neutral)
Nine God Index (Ahr999): 0.69 (investment interval)
#BTC # Daily News