Headlines
Voting begins on Election Day for the 2024 US election
November 5th, local time, is the official voting day for the US presidential election. Just after midnight on November 5th, Eastern Time, voters in the small town of Dixville Notch, New Hampshire, took the lead in voting, marking the official start of voting for the 60th US presidential election.
Trump concept meme coins generally rose: MAGA 24 hours rose 28.5%, DMAGA 24 hours rose 131.9%
CoinGecko data shows that Trump-themed Meme coins generally rose, including:
-TRUMP 24H rose 11.3%, now at $3.86;
-MAGA 24H rose 28.5% and is now at $0.0002088;
-STRUMP 24H rose 4.3% and is now at $0.006533;
-TREMP 24H rose 33.2% and is now at $0.3903;
-FIGHT 24H rose 9.2% and is now at $0.00859;
-DMAGA 24H rose 131.9% and is now trading at $0.01637.
In addition, Harris Concept Meme Coin KAMA fell 10.5% in 24 hours and is now trading at $0.01058.
Polymarkets Trumps chances of winning are 68%, 36 percentage points ahead of Harris
Data from the prediction market Polymarket shows that the current probability of Trump winning the US presidential election has risen to 68%, while the probability of Harris winning the election has dropped to 32%, and the gap between the two has widened to 36 percentage points.
Industry News
UKs First Pension Fund Allocated 3% of Its Assets in Bitcoin
British pension fund advisory firm Cartwright is urging institutional investors to allocate assets to Bitcoin and has successfully guided the countrys first pension fund to allocate the asset.
The unnamed fund allocated 3% of its 50 million pounds ($65 million) into bitcoin last month following “a lengthy consultation with the scheme’s trustees where ESG, the investment case and security were all discussed in detail,” said Glenn Cameron, head of digital assets at Cartwright.
Minutes of the Bank of Japans September meeting showed members agreed the central bank would continue to raise interest rates if economic and price forecasts met expectations.
US election
According to the Associated Press: Harris wins Vermont.
Trump wins Indiana and Kentucky
According to the Associated Press: Trump won Indiana and Kentucky.
Dixville Notch, a small town in New Hampshire, announced the voting results of six registered voters, with Harris and Trump tied at 3 to 3.
The seven key states that will have the greatest impact on the outcome of the presidential election will close their polling stations between 7pm and 10pm EST (8am to 11am Beijing time on November 6). As the results of the statistics of each state are released, the final results are expected to be announced as early as around 12pm Beijing time. Specifically:
After Georgia closes polling stations at 7 p.m. (8 a.m. Beijing time on November 6) and North Carolina closes at 7:30 p.m. (8:30 a.m. Beijing time on November 6), the initial winning trend will gradually emerge. If Harris performs well in these states, it may mean that she does not have to rely entirely on the blue wall states where votes are counted more slowly - Michigan, Pennsylvania and Wisconsin. On the contrary, if Trump wins these two southern battleground states, Harris may still win through the blue wall states, but the results will be announced later.
Polls will close in Michigan and Pennsylvania at 8 p.m. EST (9 a.m. Beijing time on November 6), in Wisconsin and Arizona at 9 p.m. (10 a.m. Beijing time on November 6), and in Nevada at 10 p.m. (11 a.m. Beijing time on November 6).
Project News
OpenSea CEO talks about the new version: We built a new platform from scratch
Devin Finzer, co-founder and CEO of OpenSea, said in a post on X that we have been building quietly. To achieve real innovation, sometimes you have to take a step back and reimagine everything. We have built a new OpenSea from scratch and will officially launch in December.
a16z-backed privacy-focused Swiss startup Nym Technologies will buy back $1 million worth of NYM tokens in a move designed to limit supply and bolster the company’s coffers.
“This buyback is not just about financial strategy, it’s about positioning for growth,” Nym CEO Harry Halpin said in a statement.
According to The Block’s data page, there are currently about 803 million NYM tokens in circulation (out of a total of 1 billion), trading at around $0.06. NYM is up more than 7% in 24 hours. NYM is used to incentivize node operators, staking, governance, and participation in the network’s hybrid proof-of-stake consensus mechanism.
This initial buyback will also serve as a “test run” for the “permanent NYM buyback” which will grow with the development of NymVPN (expected launch in mid-December). In addition to rewarding network operators, funds from the buyback will also be used for marketing efforts and expanding Nym’s technology stack.
Character*Voice
After appearing at Binance Blockchain Week in Dubai, UAE at the end of October, CZ appeared in another Middle Eastern country, Bahrain, on November 3. He told reporters that before Binance obtained the Virtual Asset Service Provider (VASP) license issued by Dubai, it first obtained a similar license in Bahrain among the member states of the Gulf Cooperation Council (GCC).
CZ said at the second Gateway Gulf Investment Forum held in Bahrain: Many people dont know how good it is here. Bahrain, as a country that is also friendly to cryptocurrencies, is not well known. After Binance obtained the license for crypto asset service providers from the Central Bank of Bahrain, it also obtained a banking license approved by the CBB, which means that Binance has directly opened up the fiat currency inflow and outflow channels in the local area.
CZ also said that he understood that his peers in Hong Kong were actively exploring RWA, but the price fluctuations of real-world assets were relatively small, so it was difficult to form sufficient trading volume in the secondary market, and liquidity was prone to gradually shrinking. We have to wait for innovators to come up with use cases that can truly bring liquidity.
In addition, CZ expressed optimism about investment opportunities in the Middle East. He not only focuses on blockchain investment, but has also seized opportunities to invest in AI, biotechnology and other fields in the GCC countries.
SkyBridge Capital CEO: Bitcoin will rise regardless of who is president of the United States
SkyBridge Capital CEO Anthony Scaramucci expressed an optimistic prediction for Bitcoin, saying that Bitcoin will go higher no matter who is president. Considering the markets potential reaction to a Donald Trump or Kamala Harris victory, Bitcoin could rise in the short term if Trump wins, as he is widely seen as a deregulator who could overturn many of the Biden administrations policies, but Harris has also expressed support for blockchain and Bitcoin.
Bloomberg ETF analyst: BTCs sudden rise may be a response to the US presidential election
Bloomberg ETF analyst Eric Balchunas wrote on the X platform that BTCs sudden rise today may be a reaction to the US presidential election. Eric Balchunas added: If anyone thinks Bitcoin is not a good indicator to watch today, please tell me why. In my opinion, BTC seems to be a clean indicator because it is an issue in the campaign, while stocks and bonds are less important, but I am willing to listen to other ideas.
