October 30th Key Market Information Gap, A Must-See! | Alpha Morning Report

Top News

1. Powell's Hawkish Remarks Lead to Bitcoin Breaking Below $110K, Ethereum Below $3900

2. OpenAI Aims to Go Public in 2027 with Valuation Potentially Reaching $1 Trillion

3. BNB Expected to Cap Total Supply at 1 Billion, Current Circulating Supply Around 137 Million

4. MetaMask's Parent Company ConsenSys Hires JPMorgan and Goldman Sachs to Lead Its IPO

5. Cryptocurrency-Related Stocks See Mixed Performance After U.S. Market Open, Nasdaq Hits New Record High

Articles & Threads

1. "Chillhouse Leads the Rise Alone, The Past and Present of "Web3 Fun People""

The long-silent Solana meme hasn't been this lively in a long time, and it's happening in a way we can hardly imagine — Base Protocol's Jesse Pollak, renowned crypto influencer Cobie, Solana founder Toly, and pump.fun founder alon are "abstracting" each other over a Solana meme coin. Especially with the addition of the Base camp, there is a sense of "breaking the taboo" itself, and in the current environment where various chains are working vigorously to compete with each other, it has taken players by surprise.

2. "Best Market Performance in the Last Two Months of the Year? Should You Go All-In Now or Run?"

As October comes to a close, the crypto market seems to be showing some signs of an uptrend. Over the past two months, "caution" has almost become the theme of the crypto market, especially after experiencing the 10/11 crash. The impact of this major drop is slowly fading, and market sentiment does not seem to be deteriorating further but instead has found new hope. Starting from the latter part of the month, some signals of an uptrend have gradually emerged: net inflow data turning positive, altcoin ETF approvals in batches, and increased rate cut expectations.

Market Data

Daily Market Overall Fund Heat (reflected based on funding rates) and Token Unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks