According to PANews, the latest weekly report from CoinShares reveals that digital asset investment products saw an inflow of $407 million last week. This surge is attributed to investor decisions being influenced more by the upcoming US election rather than monetary policy outlooks. The trend is evident as stronger-than-expected economic data did little to prevent outflows, while the recent US vice-presidential debate and subsequent polls shifting towards the Republican Party, which is perceived as more supportive of digital assets, led to immediate inflows and price increases. As anticipated, the political nature of the recent inflows resulted in the US accounting for $406 million of the total inflows. Canada also saw significant inflows, amounting to $4.8 million. Bitcoin emerged as the primary beneficiary of these political changes, with total inflows reaching $419 million. In contrast, short-term Bitcoin investment products experienced outflows of $6.3 million.

This week, projects in tracks such as Layer2 and GameFi will release a large number of tokens, which may exacerbate market volatility.

According to Foresight News, Bloomberg reports that digital asset trading software provider Talos Trading Inc. plans to double its workforce in the Asia-Pacific (APAC) region within the next 12 months. Talos previously secured $40 million in Series A funding in 2021, led by a16z, with participation from PayPal Ventures and Fidelity Investments.

Digital asset investment products saw $407 million in inflows last week, according to CoinShares’ latest weekly report, as investors’ decisions may be influenced more by the upcoming U.S. election than the outlook for monetary policy. The trend is evident as stronger-than-expected economic data did little to stem outflows, while the recent U.S. Vice Presidential debate and subsequent polls swinging toward Republicans, who are seen as more supportive of digital assets, led to inflows and immediate price increases . As expected, perhaps due to the political nature of the recent inflows, the United States saw $406 million in inflows, while the other country with significant inflows was Canada with $4.8 million. Bitcoin inflows totaled $419 million, making it the main beneficiary of recent political changes. This compares to $6.3 million in outflows from short-term Bitcoin investment products.

European stocks and US futures remained largely unchanged on Monday, as investors evaluated the implications of fresh Chinese stimulus measures while gearing up for key earnings reports from major US banks later in the week. Both Europe’s Stoxx 600 and S&P 500 futures saw minimal movement following volatile trading in China, where skepticism lingered about the effectiveness of Beijing’s latest efforts to boost economic growth. Meanwhile, the euro edged lower as markets anticipated a potential interest rate cut from the European Central Bank (ECB) later in the week.

BASE, Base's four product development directions in the next year Golden Finance, Base will develop stablecoins in various regions.

According to Bitcoin Magazine, German listed company Samara AG will issue 30 million euros in bonds to purchase Bitcoin and fund shares.

ByteDance, the company behind the immensely popular TikTok app, has taken a bold step into the hardware space by launching its first pair of AI-enabled earbuds, Ola Friend. Unveiled on Thursday, the open-ear wearables are currently available only in China. These earbuds come equipped with ByteDance’s generative AI (GenAI) chatbot, allowing users to interact with the AI assistant directly, without the need to access their smartphones.

According to Grow the Pie data, Manta Pacific currently has 102,000 daily active users on the chain, ranking third in L2, second only to Base and Arbitrum. In addition, the current Manta Gas is only 21.07 Gwei, the lowest among all L2s. Among them, Base is 652.38 Gwei and Arbitrum is 1950 Gwei. Manta Pacific is the first and largest modular L2, supported by institutions such as Binance Labs and Polychain. The current on-chain Gas profit sharing plan Gas Gain is in progress.

Abridge AI Inc., a Pittsburgh-based startup specializing in artificial intelligence software for healthcare professionals, is on the cusp of raising $250 million in new funding. Leading this significant investment are prominent figures in the tech world, including investor Elad Gil and IVP, with Alphabet Inc.’s CapitalG fund also expected to participate. This new capital round will reportedly close at a pre-money valuation of $2.5 billion, marking a tremendous leap from the $200 million valuation the company achieved just last year.

According to BlockBeats, on October 14, German publicly listed company Samara AG announced plans to issue a €30 million bond. The funds raised from this bond issuance will be used to purchase Bitcoin and shares in various funds. This strategic move highlights the growing interest and investment in cryptocurrency and related financial instruments by traditional financial entities.

According to Coinglass data, the entire network had a liquidation of US$22.7375 million in the past 4 hours, of which long positions had a liquidation of US$4.9417 million and short positions had a liquidation of US$17.7959 million.

This weekend, the cryptocurrency market remained active, despite lower volatility. source: https://cryptodnes.bg/en/dogecoin-sees-remarkable-surge-in-whale-activity-this-weekend/

If APT fails to clear $10.41 resistance, it is likely to retrace to the $8.39 support level, where it may seek renewed buying momentum to move up again. source: https://ambcrypto.com/aptos-eyes-14-42-but-heres-why-a-pullback-may-come-first/

Talos Trading Inc., a provider of digital asset trading software, plans to double its headcount in the Asia-Pacific region over the next 12 months. The New York-based company has identified Asia as a key market, thanks to its deep crypto industry roots and the regulatory clarity offered by regions such as Hong Kong, Singapore and Japan. “Asia is a standout contributor to the profits of digital asset companies around the world,” Samar Sen, Talos’ head of Asia-Pacific, said in an interview. “Many of Talos’ top clients by trading volume are companies in the Asia-Pacific region,” he said, adding that the hiring drive will focus on business development, customer service, and product and engineering positions. Sen said that with many early cryptocurrency adopters concentrated in the region, “there are also a lot of complex transactions in the derivatives space in Asia, much more than in the U.S. and Europe.” A Talos spokesperson said that compared to traditional financial businesses, where Asia-Pacific operations typically contribute 10-15% of global revenue for multinational companies, Talos’ Asia-Pacific unit contributes on par with its U.S. and EMEA teams and is a key market for the business. Talos received $40 million in Series A funding in 2021, led by a16z, with participation from PayPal Ventures and Fidelity Investments. (Bloomberg)

Chinese stocks opened higher on Monday and Bitcoin surged above $64,000 as investors assessed the potential impact of economic stimulus measures announced by the Ministry of Finance over the weekend.

The Liberal Party of Australia has launched the country's first fully AI-generated political advertisement, featuring a deepfake of ACT Chief Minister Andrew Barr, ahead of the 2024 federal election. This raises concerns about the implications of AI in politics, prompting calls for urgent regulation to protect the electoral process.

Bitcoin surged past $64,000 on Monday, with analysts combining technical indicators such as RSI, order book liquidity and moving averages to suggest that a breakout above $65,000 is increasingly likely.

This post will focus on the Ethereum “merger” problem: what improvements can be made to the technical design of proof-of-stake, and what are the ways to achieve these improvements?

A man's arrest at a Trump rally for carrying firearms led to a brief surge in the FIGHT meme coin, highlighting ongoing security concerns surrounding the former president.