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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.
- 07:07Data: Bitcoin spot ETF saw a net outflow of $1.23 billion last week, the second highest in historyChainCatcher News, according to SoSoValue data, during last week's trading days (Eastern Time, October 13 to October 17), bitcoin spot ETFs saw a net outflow of $1.23 billion for the week, with none of the twelve ETFs recording a net inflow. The bitcoin spot ETF with the largest weekly net outflow last week was Grayscale ETF GBTC, with a weekly net outflow of $298 million. The historical total net outflow of GBTC has reached $24.5 billion. The next largest was the ETF ARKB from Ark Invest and 21Shares, with a weekly net outflow of $290 million. The historical total net inflow for ARKB has reached $2.06 billion. As of press time, the total net asset value of bitcoin spot ETFs is $143.93 billion, and the ETF net asset ratio (market value as a percentage of bitcoin's total market value) has reached 6.75%. The historical cumulative net inflow has reached $61.54 billion.
- 07:07Data: In the past 24 hours, total liquidations across the network reached $211 millions, with long positions liquidated for $95.995 millions and short positions liquidated for $115 millions.According to ChainCatcher, citing Coinglass data, the total liquidations across the network in the past 24 hours reached 211 million US dollars, with long positions liquidated for 95.995 million US dollars and short positions liquidated for 115 million US dollars. Among them, bitcoin long positions were liquidated for 12.5327 million US dollars, bitcoin short positions for 26.3582 million US dollars, ethereum long positions for 18.6133 million US dollars, and ethereum short positions for 38.1217 million US dollars. In addition, over the past 24 hours, a total of 117,004 people worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at 4.8934 million US dollars.
- 07:06Three newly created wallet addresses withdrew 825,750 LINK from a certain exchangeAccording to ChainCatcher, market sources indicate that newly created Ethereum wallets have withdrawn and accumulated LINK from a certain exchange. Address "0xbBF" withdrew 400,536 LINK (approximately $7,290,000), and currently holds 1,145,000 LINK (approximately $21,520,000); address "0x111a" withdrew 231,715 LINK (approximately $4,340,000); address "0x586" withdrew 193,499 LINK (approximately $3,620,000).