Author: TechFlow
Yesterday's Market Dynamics
BTC Breaks $124,000, Continues to Create New Historical High
HTX market shows BTC breaking $124,000, currently trading at $123,989, with a 24-hour increase of 3.5%, continuing to create a new historical high.
CNBC: Trump is Considering 11 Federal Reserve Chair Candidates Including David Zervos and Rick Rieder
According to CNBC, two government officials revealed that the Trump administration is considering 11 candidates to replace Jerome Powell as Federal Reserve Chair when his term expires in May, including three who have never been publicly nominated before. The new candidates include David Zervos, chief market strategist at Jefferies, former Federal Reserve Board member Larry Lindsey, and Rick Rieder, BlackRock's global fixed income chief investment officer.
Market News: CANARY TRUMP COIN ETF Registered in Delaware
According to market news, the CANARY TRUMP COIN ETF has been registered in Delaware, USA.
Insider: MetaMask May Announce mUSD Stablecoin Plan This Week
According to insiders, crypto wallet MetaMask is expected to announce details of its own USD stablecoin mUSD as early as this week, which was previously exposed through a governance proposal that was quickly deleted, with plans to launch by the end of this month. mUSD will be issued with assistance from stablecoin payment service provider Bridge (acquired by fintech company Stripe earlier this year) and stablecoin issuance protocol M^0, with custody and fund management services provided by alternative asset management firm Blackstone. (CoinDesk)
OKX to Burn Approximately 65.25 Million OKB in One-Time Destruction
According to OKX market data, affected by the news of OKX burning approximately 65.25 million OKB, OKB rose above $70, currently trading at $71.5, with a 24-hour increase of over 55%.
According to the official announcement, OKX will conduct a one-time destruction of 65,256,712.097 OKB from historical buybacks and reserves, and will use a smart contract to automatically burn all OKB transferred to the black hole address. After this operation, manual OKB burning will stop, and the total OKB issuance will be fixed at 21 million.
Ethereum Fusaka Mainnet Tentatively Set for November 5
According to Etherworld, the Ethereum consensus layer core developer meeting No. 162 tentatively set the Ethereum Fusaka mainnet launch date for November 5.
[The translation continues in the same manner for the rest of the text, maintaining the specified translations and formatting.]This article discusses how BitMine opens the path to Ethereum wealth growth through the DAT strategy, demonstrating how digital asset treasuries create value by increasing the number of tokens per share and net asset value premium. The continuous expansion of the Ethereum ecosystem and the on-chain migration trend further drive the demand and value growth of ETH.
New Battlefield of Stablecoins: Stripe and Circle's Layer 1 Rivalry
The article explores Stripe and Circle launching their respective Layer 1 public chains, "Tempo" and "Arc", aimed at optimizing payment functions, but with completely different underlying logics. Native payment chains for stablecoins are gradually becoming an independent track, emphasizing low-friction payment experiences and stability, which puts pressure on Circle.
