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The article discusses how Trump combines his personal brand with cryptocurrency, accumulates wealth by issuing tokens, and may trigger new forms of political corruption. It reveals how blockchain technology can be used for gray-area transactions involving power and finance. Summary generated by Mars AI This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative improvement.
Weekly highlights for October 20th to October 26th.
The real turning point for this sector lies not in the form of the product, but in the boundaries of regulation.
On Monday (today), a series of data including China's GDP will set the "opening tone" for global risk assets this week. On Tuesday, the Federal Reserve's "Payments Innovation" conference will test the boundaries of regulation. On Wednesday, crypto giants will "make their way" in Washington. Finally, all sentiment will culminate on Friday with the release of the U.S. "CPI+PMI" consecutive data.
Initially, it was an extremely imaginative product.
- 08:32U.S. crypto-related stocks generally rise in pre-market trading.ChainCatcher news, according to Golden Ten Data, US stocks related to cryptocurrency generally rose in pre-market trading, with Riot Blockchain (RIOT.O) up 3.7%, Mara Holdings up 4.9%, BITFARMS up 11.6%, and MicroStrategy (MSTR.O) up 3.3%.
- 08:20DownDetector: Multiple major websites worldwide suddenly go down, possibly related to Amazon Web ServicesJinse Finance reported that, according to tracking website DownDetector, several of the world's largest applications and websites have suddenly gone down. Snapchat, Roblox, Fortnite, Duolingo, and Canva have all experienced issues. These problems appear to be related to an issue with Amazon Web Services, which provides the infrastructure supporting much of the modern internet. The company stated on its service status page that "Amazon Cloud Services" is experiencing "increased error rates" and latency issues.
- 08:14Data: Hyperliquid platform whales currently hold $5.644 billions in positions, with a long-short ratio of 0.86According to ChainCatcher, citing Coinglass data, whales on the Hyperliquid platform currently hold positions totaling $5.644 billions, with long positions at $2.603 billions, accounting for 46.12% of the total, and short positions at $3.041 billions, accounting for 53.88%. The profit and loss for long positions is $8.5501 millions, while for short positions it is $1.3822 millions. Among them, whale address 0x5b5d..60 is currently holding a 10x full position short on ETH at the price of $3,442.06, with an unrealized profit and loss of -$31.6601 millions.