as the vote counting results of the US presidential election were released one after another in the evening, traders reduced their bets on the Fed's interest rate cuts next year on Tuesday. Interest rate futures traders continue to bet that the Fed will cut interest rates by 25 basis points each in this week and December, but now expect the Fed to stop cutting interest rates after two 25 basis point cuts in the first half of 2025, with the federal funds rate target range lowered to 3.75%-4%.

UBS (UBS.N) said it has launched the first tokenized investment fund.

Guotai Junan International Holdings Limited has released an unaudited interim performance announcement for the six months ended June 30, 2024. The announcement revealed that Guotai Junan was the first to launch structured notes linked to virtual asset spot exchange traded funds (ETFs) in the Hong Kong market, adding a new element to its diversified product services. It also actively responded to the Hong Kong government's new capital investment entrant scheme (CIES). Guotai Junan said that the Hong Kong government has actively promoted policies and measures to promote local economic development, attract investment, and the market expects the IPO market to gradually regain momentum. At the same time, local regulation is expected to accelerate the landing of regulatory measures for virtual assets, which is conducive to the launch of diversified products.

According to The Block, on August 28th, Osprey Funds, the initiator of Osprey Bitcoin Trust (OBTC), has reached an agreement with Bitwise Bitcoin ETF (BITB) and Bitwise Asset Management. BITB will acquire all assets of OBTC fund. In March of this year, Osprey stated that it was considering other strategic measures such as selling or merging with Bitcoin ETF. Osprey must complete the sale or merger before September 1, 2024, otherwise it will liquidate OBTC. As part of this transaction, OBTC shareholders will receive BITB shares as part of the OBTC liquidation distribution. For existing BITB holders, their shares will not change and the operation of BITB will not change. Prior to BITB's acquisition of OBTC, Bitwise had already acquired ETC Group, a cryptocurrency ETP issuer headquartered in London, on August 19th. Data shows that BITB's assets account for 4.69% of the Bitcoin spot ETF market.

according to Fox News, it is expected that the Republican Party will win control of the US Senate.

On November 1, blockchain game company 81Ravens raised $4.5 million for its arena shooter game Paravox, led by Japanese investors Digital Hearts Holdings and Gree Ventures. The company plans to use the funds for further development and marketing of Paravox. The game will be released on the Solana blockchain.

According to a recent study by the University of Toronto and the University of Miami, individuals who own cryptocurrency are more likely to display traits of narcissism and psychopathy. The study surveyed 2,001 American adults, with 30% of respondents reporting owning cryptocurrency. Additionally, crypto ownership was linked to belief in conspiracy theories, use of alternative and fringe social media, and an aversion to authoritarianism. However, the authors of the study cautioned against drawing strong political conclusions from these findings. Another study found that while many cryptocurrency enthusiasts are known for their libertarian views, those polled tended to identify as Democrats and hold more liberal political views. The researchers suggest that future studies should examine global trends in distrust, populism, and cynicism towards established institutions to better understand their causes.

GaiaNet CEO and co-founder Matt Wright discusses the two camps in the debate over decentralized artificial intelligence. The first camp prefers a controlled software environment, while the second believes in open and liberal ideals.Wright supports the second camp, stating, "I don't believe in controlling these systems. I think we should guide them properly, and all we can really do is provide secure fences and appropriate dialogue. These systems should not be managed by individuals or governments, and the technology should not be supervised by those who do not use it. On the other hand, Web3 and Ethereum have implemented appropriate on-chain governance. Tokenized entities manage systems in a more democratic way based on their degree of participation."Wright states, "We are now at a critical moment, where institutional recognition of cryptocurrency ETFs as asset classes is incredible, allowing their clients to easily enter the field. Obviously, this will bring a lot of liquidity to the field. The Ethereum community should welcome this attention and make it more focused on developers and construction."Matt Wright is the CEO and co-founder of GaiaNet, an artificial intelligence infrastructure project aimed at decentralizing current AI agent software.

market data shows that UNI has broken through $8.5 and is currently trading at $8.51, with a 24-hour increase of 23.51%. The market is volatile, please exercise caution in risk management.

 Kaili Macro believes that the outcome of the U.S. presidential election is still difficult to predict, but Donald Trump seems to be gradually leading in some key swing states. As of 11:30 pm Eastern Time, The New York Times believes that Trump has a 91% chance of winning and is expected to win 300 electoral votes, far exceeding the threshold of 270 for election, and Trump's winning probability on Polymarket is 94%. The institution also pointed out that the market has already reacted, with the yield on 10-year U.S. government bonds rising from 4.30% a day ago to 4.42%. The U.S. dollar has strengthened, especially against the Mexican peso, and stock futures have risen by 1.2%.

According to Lookonchain monitoring, ACT developers spent 4 SOL to buy 126 million ACT, and sold 52.4 million ACT for 7,455 SOL ($1.25 million) through multiple wallets, making a profit of $1.25 million. ACT developers still hold 21 million ACT ($630,000), so be wary of another potential sell-off.

Binance Academy has stated that as of August 2024, EIP-3074 has not yet been launched on the Ethereum mainnet, but is expected to be released along with the Pectra upgrade by the end of 2024. EIP-3074 aims to make Ethereum transactions more secure and user-friendly by introducing AUTH and AUTHCALL operations. These changes can significantly enhance our interaction with Ethereum and open the door for more complex and powerful applications in the DeFi field.

as reported by Fox News, Trump is expected to win four out of five electoral votes in Nebraska; Harris is expected to win one vote.

The Fed has yet to declare victory in its fight against inflation, but policymakers have shifted some of their attention to the biggest part of their dual mandate, employment. "The October nonfarm payrolls will be an important confirmation or negation of the stronger September data, but may not be enough to shift market attention back to the risk of a U.S. recession," Citi economist Veronica Clark said in a recent report, "However, the October data will reflect the impact of the ongoing Boeing strike and hurricanes. Clark estimates that these factors will reduce employment by 70,000 to 80,000. Citi's view on nonfarm payrolls is milder than generally expected, with an increase of 90,000 and a small increase in the unemployment rate to 4.23%. In addition, Citi said that any downward revision to the September data may be more significant than usual.

According to CoinDesk, investment bank Architect Partners has reported that the Bitcoin mining industry is currently in a consolidation phase, triggered by the halving event in April of this year.The report emphasizes that mining companies are seeking large, scalable data center capacity and access to low-cost electricity and capital. The Bitfarms plan to acquire Stronghold Digital Mining is a typical example of recent M&A trends. The report's authors believe that hostile takeovers are not common in talent-dependent technology and financial services industries, but the Bitcoin mining industry is different, with its core assets being physical facilities, power resources, and widely available computing equipment. However, this trend towards consolidation contradicts the original intention of Bitcoin founder Satoshi Nakamoto, who hoped that anyone could participate in mining without concentration of computing power. The impact of the centralization of the mining industry is still to be observed.

On August 28th, blockchain analyst Yu Jin stated on X platform that ByBit and FTX swapped platform coins in early November 2021: ByBit exchanged 100 million BIT for 3.36 million FTT from FTX, and both parties promised not to sell within 3 years. The 3-year lock-up period is about to end in 2 months, and it is likely that there will be a sell-off after the restriction is lifted. At the time of the exchange, the values were equivalent, but now there is a significant difference in value: 100 million BIT is worth $57.73 million, while 3.36 million FTT is only worth $4.47 million. It is reported that BitDAO (BIT) has been upgraded to Mantle (MNT).

famous election prophet - "Election Prediction Pointer" of The New York Times - latest display shows that based on the data at 10:30 pm local time, it is expected that Donald Trump has an 84% chance of winning and will receive approximately 295 electoral votes.

On November 1, the official development team of TON recently fixed two critical vulnerabilities in the TON virtual machine. One of the vulnerabilities could be exploited by malicious contracts to trigger an abnormal crash of the virtual machine, thereby affecting the stability of the network. The development team adjusted the internal processing method of the virtual machine in the latest version of Github Release to prevent such attacks.

On August 28th, according to the Hong Kong Economic Times, in response to the recent financial product reform and innovation promoted by Hong Kong's financial regulatory agencies, BOCI Securities Limited has begun asset allocation and is currently actively promoting virtual asset futures ETFs.