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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.
- 07:09Robinhood tokenizes about 500 U.S. stocks and ETFs on the ARB chain for EU usersBlockBeats News, October 19, according to Cointelegraph, Robinhood has tokenized about 500 US stocks and ETFs on the Arbitrum chain for EU users. According to Dune data, Robinhood has tokenized 493 assets with a total value of over $8.5 million, and the cumulative minting volume has exceeded $19.3 million. Stocks account for nearly 70% of all deployed tokens, followed by ETFs at about 24%, while commodities, crypto ETFs, and US Treasuries account for a smaller share.
- 07:08"Calm Order King" recently executed precise position adjustments, growing $3 million in principal to nearly $20 million.BlockBeats News, on October 18, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), on-chain trader "Calm Order King" (0x9b8) has recently adjusted positions multiple times, consistently demonstrating precise trading skills. In the past day, this address closed nearly 40,000 SOL short positions, achieving significant profits. Yesterday, the trader also took profits in time before a low-level pullback, pocketing hundreds of thousands of US dollars, and increased short positions again during the pullback. Currently, there is still an unrealized profit of nearly $700,000, with a return rate exceeding 50%, and the total position size has reached $30 million. This trader started with a principal of $3 million at the beginning of this month and has achieved astonishing returns by keenly capturing swing trading opportunities in major cryptocurrencies. The trading style favors high-leverage positions in mainstream coins. The trader has repeatedly made precise short trades on SOL, with a single trade profit reaching as high as 5.1 million USDC. The address has maintained a win rate of over 90% this month and once achieved a 100% win rate in opening positions within 7 days. After each profitable trade, the address transfers part of the funds to a spot account for isolation, effectively avoiding potential risks. The trader has now become a focal point of attention among the on-chain swing trading community. CoinBob is a smart money AI copy trading tool that allows users to track smart money operations and follow trading strategies through the product.
- 07:08A user in North Carolina had their cold wallet stolen, losing approximately $3 million worth of XRP.Foresight News reported that North Carolina crypto user Brandon LaRoque posted a video stating that his ELLIPAL cold wallet was stolen, resulting in a loss of over 1.2 million XRP (approximately $3 million). The hacker first transferred 10 XRP as a test, and then within two minutes transferred about 1.29 million XRP. After the funds were sent to a new wallet, they were dispersed to around 30 wallets (each batch containing 38,000 to 40,000 XRP), and then further "laundered" by being distributed to 500-900 wallets. The user has already reported the case to the authorities.