Viewpoint: Bitcoin may break through six figures, regardless of the outcome of the US election.
CNBC published an article stating that despite the heated debate among candidates in the US election, investors in the cryptocurrency industry generally believe that Bitcoin will maintain strong performance in the long term and is expected to break through six figures soon. Steven Lubka of Swan Bitcoin said that no matter who wins the November election, the value of Bitcoin will almost certainly reach six figures. James Davies of Crypto Valley Exchange believes that even if Kamala Harris is elected president, it will not significantly affect the price of Bitcoin and the industry will continue to thrive.
Bitcoin traded between $55,000 and $70,000 for most of 2024, reaching an all-time high of $73,000 in March. Investors generally expect that the price of Bitcoin will remain relatively stable until the election results are determined. Although the debate between Harris and Donald Trump caused Bitcoin to fall in the short term, the main reason was attributed to other macroeconomic factors.
Analysts predict that if Trump is elected, Bitcoin may break through a new high of $80,000; while Harris's election may cause the price to fall back to $40,000. Despite some concerns about future market volatility, Bitcoin still shows strong investment potential in the current environment.

On September 13, 2024, Binance announced that Binance Launchpool launched the 59th project - Catizen (CATI), a cat-themed game robot built on the Telegram applet platform. Users can put BNB and FDUSD into the CATI reward pool on the Launchpool website after 08:00 (Eastern Time) on September 16, 2024 to receive CATI rewards. The CATI activity will last for a total of 4 days. The website is expected to be updated within about 24 hours of this announcement before the event opens.

1. Launchpool Details
Token Name: Caizen (CATI)

Total and Maximum Token Supply: 1,000,000,000 CATI

Launchpool Token Rewards: 90,000,000 CATI (9% of total token supply)

Initial Circulating Supply at Binance Listing: 305,000,000 CATI (approximately 30.5% of total token supply)

Smart Contract/Network Details: Ton Network

2. Introduction to Catizen (CATI)
Catizen is a unique cat-themed social entertainment experience on Telegram that combines fun interactions with the power of the TON blockchain. As a revolutionary gaming bot, Catizen not only simplifies Web3 access, but also makes mobile payments seamless, revolutionizing the way users interact with decentralized technology.

Catizen aims to attract and educate the massive Web 2.0 user base to Web3 through an exclusive partnership with TON and Telegram. This strategic partnership positions Catizen as a Web3 traffic hub with the goal of attracting billions of potential users to participate. With transparent in-game asset purchase data accessible through third-party platforms or on-chain transactions, community members, investors, and partners can easily monitor the project's economy and growth at any time.

Although Catizen has not yet launched on-chain digital assets, it currently supports the purchase of in-game assets using Telegram Stars, USDT, TON, NOT, and MNT.

Catizen data performance (as of August 12, 2024)
Total number of players in the game: 28,539,037

Telegram senior users: 2,125,519

Total users on the chain: 1,730,868

1,236,259 (TON)

494,609 (Mantle)

Total cumulative purchase amount in the game: 20,026,623 US dollars

1,699,931 $TON ≈ 12,749,482 US dollars

1,038,011 $USDT ≈ 1,038,011 US dollars

131,216,255 ($NOT) ≈ 1,901,163 US dollars

1,008,470 ($MNT) ≈ 1,008,470 USD

166,474,895 ($STA) ≈ $3,329,497

Total paying users: 589,784

Average revenue per paying user (ARPPU): ~$33.9

Social media data
X platform followers: 2,114,056

Telegram chat groups: 400,000

Telegram announcement subscriptions: 5,269,840

Overview of key features
Catizen is a fun cat-themed game that is not only easy to play, but also serves as a social network and money-making platform. Through blockchain technology, *Catizen* allows players to truly own the resources they earn in the game, combining entertainment with the possibility of earning financial rewards in a decentralized environment.

What makes Catizen different from traditional games is its player-owned economy driven by the blockchain. This design allows players to participate in a complex, community-driven ecosystem where their achievements in the game have real-world value. By creating an open economy, Catizen provides tangible rewards to users, following a model where loyalty and engagement are rewarded with assets that can be traded or staked for additional yield.

Players can advance in the game and increase their resources through a variety of methods:

Cat Upgrades: Merge and upgrade cats to earn higher rewards and climb the leaderboards.

Fishing: Use Fish Coins to participate in fishing events and win leaderboard prizes.

Invite to Earn: Invite new players and earn Fish Coins, expand the community and increase your income

Quest Center: Complete in-game tasks to earn Fish Coins, upgrade cats, and join Launchpool events.

Stake and Mining: Stake premium cats or Fish Coins in Launchpool to earn points and assets, turning your gameplay into a meaningful investment.

3. Catizen (CATI) Token Economics
Token Distribution

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4. Catizen (CATI) Roadmap
Q1 2024

Official public beta of Catizen was rele

Animoca Brands Lianchuang: Hong Kong is a “strong competitor” choice for Animoca Brands’ IPO
According to news on September 18, Animoca Brands co-founder Yat Siu said that Hong Kong, China is a "strong competitor" for the potential listing of crypto venture capital and chain game developer Animoca Brands Corp. In part because the company is based in Singapore, digital asset-related activity has expanded as officials seek to develop a crypto hub, Siu said in an interview at a conference in Singapore. But he said on Wednesday that any IPO plans would likely take "a few years to really take shape" and that the current focus was on building the business.
Siu said last month that Animoca shares were valued at between $1.5 billion and $3 billion in secondary markets. By comparison, the company was valued at $5.9 billion in a 2022 funding round. Siu added that the company is not seeking to raise new funds.

The Federal Reserve cuts interest rates, a summary of the views of all parties
With the passing of the Federal Reserve’s resolution to cut interest rates by 50bp at its interest rate meeting in September 2024, the views of all parties are summarized:
1. Fed Chairman Powell: Will choose to speed up or slow down the pace of interest rate cuts based on actual market conditions;
2. Trump: The Fed’s interest rate cut shows that the U.S. “economy is very bad”;
3. US Vice President Harris: This is good news for Americans who are under pressure from high prices;
4. Nationwide Chief Economist: The Federal Reserve will continue to cut interest rates rapidly;
5. "New Bond King" Gundlach: It is expected to cut interest rates by 50 basis points in November and another 75 basis points by the end of the year;
6. Head of Investment Strategy at Global X: The Fed’s 50 basis point interest rate cut may be too aggressive;
7. Standard Chartered Bank executive: Stable coins can alleviate the negative impact of the Federal Reserve’s interest rate cuts on treasury bonds and money market tokens;
8. U.S. Senator Warren: Powell acted too late and further interest rate cuts are needed.

U.S. Congressman Tom Emmer: Looking forward to working with Trump to fire SEC Chairman Gary Gensler
According to Bitcoin Magazine, US Congressman Tom Emmer said that he looks forward to working with Donald Trump to fire SEC Chairman Gary Gensler.🤣🤣🤣

Harris pledges support for crypto space in speech to NYC donors
"I will bring together working people, small business founders, innovators and large corporations. Together, we will invest in American competitiveness, and invest in America's future," U.S. Vice President Harris said at a fundraiser at the Cipriani Wall Street hotel in Manhattan. "We will encourage innovative technologies like artificial intelligence and digital assets while protecting our consumers and investors." Kamala Harris vowed to help artificial intelligence and cryptocurrency investments grow if elected, pitching her economic agenda to donors in New York City on Sunday, saying it would promote innovation and focus regulation on protecting consumers and investors.
Harris' comments mark her first on cryptocurrencies as the Democratic presidential nominee, and investors and enthusiasts are waiting to see if her approach will differ from that of President Joe Biden.

The probability that the Fed will cut interest rates by 25 basis points in November is 45.2%
According to CME's "Fed Watch", the probability of the Fed cutting interest rates by 25 basis points by November is 45.2%, and the probability of cutting interest rates by 50 basis points is 54.8%. The probability of a cumulative 50 basis point interest rate cut by December is 23.4%, the probability of a cumulative 75 basis point interest rate cut is 50.2%, and the probability of a cumulative 100 basis point interest rate cut is 26.5%.

The probability that the Fed will cut interest rates by 25bp in November is 40.8%
According to CME's "Fed Watch", the probability of the Fed cutting interest rates by 25 basis points by November is 40.8%, and the probability of cutting interest rates by 50 basis points is 59.2%. The probability of a cumulative 50 basis point interest rate cut by December is 19.5%, the probability of a cumulative 75 basis point interest rate cut is 49.6%, and the probability of a cumulative 100 basis point interest rate cut is 30.9%.

Fortune Magazine: Zhao Changpeng will be released early today, and his next move is expected to be to re-enter the crypto industry
Fortune Magazine reported that Zhao Changpeng will set foot on the streets of Long Beach, California, as a free man for the first time this Friday, which is the first time he has regained his freedom in months. This is two days earlier than his official release date, because if the release date coincides with the weekend, the prisoner will leave the detention center early. According to a prison official, Zhao Changpeng can have supervised outings there and even go to the movies.
After being released from prison, Fortune Magazine made some speculations about his next move.
Zhao Changpeng's first stop is likely to be Dubai or Paris, where his children live with their mother He Yi. In addition, the media expects that with Zhao Changpeng's release from prison, more details of the Giggle Academy project he initiated before imprisonment may emerge in the coming months. In addition to family and charity, Zhao Changpeng, who is now free, may turn his attention to his third pursuit-the cryptocurrency industry.
However, in the field of cryptocurrency, Zhao Changpeng faces a major problem. According to his criminal settlement agreement, he must resign as CEO of Binance and stay away from any "daily" activities of the company. At the same time, the settlement agreement also requires Binance to accept two external monitors appointed by the US government to ensure compliance. Despite these obvious restrictions, even if Zhao Changpeng is no longer the CEO, he will still be the company's largest shareholder, which should give him considerable influence over the company's future direction.🫡🫡🫡

BTC falls below $64,500
The market situation shows that BTC fell below US$64,500 and is now trading at US$64,492.01, with a 24-hour drop of 2.09%. The market fluctuates greatly, so please control risks.

Fed's Mussallem: Given the economic outlook, further interest rate cuts are possible
Fed Musallem said that given the economic outlook, further interest rate cuts are possible; he supports the Fed's decision to cut interest rates by 50 basis points last month; the Fed needs to maintain policy patience; inflationary pressures are expected to continue to ease; employment and inflation are both in "good shape."

Fed's Bostic: Labor market has slowed, but does not appear weak or vulnerable
Fed Bostic said that the labor market has slowed down, but does not appear weak or weak; the economy is close to the Fed's target and "is gradually approaching"; the inflation rate remains well above 2%; the risk of the economy being too strong may Impedes policy readjustment; continues to focus heavily on inflation targets, while also paying attention to labor market conditions.

Analysis: A surge in stablecoin and Bitcoin trading could provide a basis for BTC to rise in the coming weeks.
Data from CryptoQuant shows that stablecoin liquidity continued to grow to a record $169 billion at the end of September, up 31% year-to-date. Dominant remains Tether’s USDT, which increased its market cap by $28 billion to nearly $120 billion, donating 71% of the market; and Circle’s USDC, which increased its market cap by $11 billion to $36 billion at the start of the year. It has grown by 44% so far and donated 21% of the market contribution.
A record number of USD stablecoins and a surge in large-volume Bitcoin trades could set the stage for a broader rise in BTC in the coming weeks, keeping the asset’s October uptrend intact.😎🥳

US SEC Chairman: Cryptocurrencies are unlikely to become mainstream currencies
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said at an event at New York University Law School that Bitcoin and other cryptocurrencies are unlikely to be widely used as a means of payment and are more likely to continue to serve as stores of value. He pointed out that there is a lot of fraud in the encryption industry, and many industry leaders have been jailed or awaiting extradition in 2024. Gensler stressed that the regulatory framework does not require additional expansion and that the existing Hovey test is sufficient to assess the legality of investment contracts. He pointed out that the investing public needs transparent information disclosure to judge the actual value of cryptocurrencies. Gensler also mentioned that the financial industry needs strong enforcement actions to curb violations.

Standard Chartered: Solana could soar 400% under Trump presidency
Standard Chartered predicts a potential surge for Solana if Donald Trump wins the 2024 U.S. presidential election. The bank’s head of digital assets, Geoffrey Kendrick, expressed an optimistic outlook for Solana in a research note this week, predicting that the cryptocurrency could grow by 400%.

Grayscale discloses list of crypto assets to be considered for inclusion in future investment products
Asset management company Grayscale disclosed a list of crypto assets to be considered for inclusion in future Grayscale investment products. This disclosure covers 35 crypto assets. Grayscale updates this list within 15 days of the end of each quarter, and as the crypto ecosystem expands, the Grayscale team reviews or re-evaluates other assets.
Assets currently being considered for inclusion include: AERO, AKT, APT, AR, ARB, ATOM, CELO, CORE, DOGE, ENA, FET, HNT, ICP, IMX, INJ, JUP, KAS, MNT, METIS, NEON, OM, ONDO , OP, PENDLE, POL, PYTH, RUNE, SEI, STRK, TIA, TON, TRX, UMA, VET, WLD.

The probability that the Fed will cut interest rates by 25bp in November is 95.6%, and the probability of not cutting interest rates is 4.4%
According to CME's "Fed Watch": the probability that the Fed will cut by 25 basis points by November is 95.6%, and the probability of keeping the current interest rate unchanged is 4.4%. The probability of a cumulative 25 basis point interest rate cut by December is 15.4%, the probability of a cumulative 50 basis point interest rate cut is 84.1%, the probability of a cumulative 75 basis point interest rate cut is 0%, and the probability of a cumulative 100 basis point interest rate cut is 0%.

Cyber ​​Nation’s Project Praxis Raises $525 Million to Build Cryptocurrency-Friendly Cities
Praxis, a project that bills itself as the world's first "cyberstate", announced on Tuesday that it has secured $525 million in funding to build a tech-forward city that will support the development of crypto, artificial intelligence, energy and biotechnology.
According to the announcement, participating investors in this financing include Arch Lending, GEM Digital, Manifold Trading, etc., and new angel investors include Dan Romero (CEO of Farcaster), Tom Schmidt (General Partner of Dragonfly), Rob Hadick (General Partner of Dragonfly people) etc.