Musk: Bitcoin is energy-based, fiat can be faked but energy cannot be faked

On October 14th, according to HTX market data, Ethereum fell below $3,900, experiencing a 24-hour decline of 6.1%.

On October 14th, Analyst Francesco Pesole from ING Bank expressed that if Federal Reserve Chairman Powell continues to adopt a cautious stance on interest rate cuts in his subsequent speech, the US Dollar may gain further strength. Pesole pointed out that due to the US government shutdown resulting in the delay in the release of official employment data, Powell is likely to adhere to his previous cautious tone. "During this period of data vacuum, this impact may still be fermenting in the market, and the US Dollar is facing certain upside risks." However, he further added that once the data is released, if it indicates a worsening employment situation, the US Dollar may instead weaken and reach a new interim low by the end of the year. (FXStreet)

On October 14th, according to on-chain data, nearly 4000 BTC have been transferred from Binance to BIT within the past 20 hours. Bit.com was established in August 2020 and has attracted the attention of the industry with its top-level domain and the label of "the world's first coin mining exchange." The platform has been traditionally focused on options trading and is now speeding up the development of on-chain trading and a PoW-friendly ecosystem.

On October 14th, SolanaFloor made a post on the X Platform, indicating that in the past 7 days, the DApps on Solana have collectively generated more than $18 million in revenue. Among them, the revenue of Pump.fun exceeded $8.63 million.

On October 14th, according to the monitoring of HyperInsight (accessible via https://app.hyperliquid.xyz/join/NTOD), the "Insider Whale" that made a profit from shorting prior to the crash is currently holding a short position of 4,394 BTC, which is valued at $485 million and has an unrealized gain of $20.77 million.

On October 14th, the third-quarter revenue of BlackRock (BLK.N) was $6.51 billion, which was higher than the estimated $6.23 billion. (FX168)