2024-11-04, Monday, Daily News Highlights

【Policy News】
1. The probability of a 25 basis point rate cut by the Fed in November is 97.8%, and the probability of no rate cut is 2.2% (Announcement time: November 8th, 02:00 UTC+8)
2. Paul Chan: Hong Kong Monetary Authority and Saudi PIF establish $1 billion fund to invest in fintech and other fields.
3. The third review of the draft amendment to China's Anti-Money Laundering Law clarifies that Financial Institutions can refuse to handle transactions in high-risk cases of Money Laundering.
4. The Monetary Authority of Singapore announced today its plans to advance the tokenization of Financial Services.

【Macro News】
1. Tuesday: Event: The United States holds the 2024 presidential election. Thursday: Initial jobless claims in the United States until the week of November 2. Friday: Event: The Federal Reserve announces the Interest Rate decision, and Federal Reserve Chairman Powell holds a monetary policy press conference.
2. Polls: Harris' approval rating drops to level with Trump; the betting amount on the US presidential election on Polymarket surpasses 3 billion dollars
3. The Wall Street Journal: Iran plans to launch a fierce combined attack on Israel. Israeli officials say a ceasefire protocol with Hezbollah may be reached within two weeks.
4. Nvidia to be included in the Dow Jones, analysts say it signifies the increasing importance of AI and high-performance computing. Will GPT-5 have to wait until next year? OpenAI CEO: We won't be able to release so many things this year.

[Coin News]
1. The net outflow of funds from the US SpotBTCETF last Friday was $54.9 million, and the net outflow of funds from the US SpotETHETF was $10.9 million.
2. The bitcoin market share touched 60.52%, hitting a near two-year high.
3. Jupiter founder: has not sold any JUP Token, will soon release major news
4, 21Shares: ETH is like the 'Amazon of the 1990s'
5. Solana gift cards have been launched in retail stores across Switzerland
6. METAWIN was hacked and lost about $4 million.
7. About 70% of the 300 BTC artworks in the BTC "Revolutionary Art" exhibition in Barcelona have been sold
8, ai16z founder: "AI Meme currency" meta has ended and will move towards future mission and goals

Greed and fear index: 70 (greed)
God of Nine Index (Ahr999): 0.82 (investment interval)
#BTC # Daily News