Spot Gold Hits Another All-Time High, Briefly Surpasses $4380 per Ounce

On October 21st, as reported by Bloomberg, the government of British Columbia (BC) in Canada announced on Monday that it is formulating legislation to limit the electricity consumption of artificial intelligence data centers and is planning to ban new cryptocurrency mining projects permanently. The provincial Ministry of Energy stated that priority will be given to providing grid connections for other industries such as mining and natural gas facilities because these industries can generate more job opportunities and income for BC residents.

October 21st. Based on farside monitoring, the net inflow of HODL yesterday was $21.2 million, the net inflow of BITB was $12.1 million, the net inflow of BTCO was $9.9 million, the net inflow of FBTC was $9.7 million, and the net inflow of Grayscale BTC was $7.4 million.

On October 21st, according to CME's "FedWatch": The likelihood of a 25-basis-point rate cut by the Fed in October has increased to 99.4%, and there is a 0.6% chance that rates will remain unchanged. The probability of a cumulative 50-basis-point rate cut by the Fed by December is 98.6%, with a 0.9% probability of a cumulative 75-basis-point cut.

On October 21st, as monitored by AI Auntie, the short position at the associated address of Andrew Kang is still in an unrealized loss. As of now, he holds a total short position of $67.79 million and a long position of $2.92 million, with the account currently having an overall unrealized loss of $605,000: Last evening, he closed his HYPE long position, resulting in a loss of $123,000; Partially reduced his ENA long position and realized a profit of $1.615 million; Increased his BTC short position to 362.49 coins, approximately $39.97 million; Increased his ETH short position to 6,995.72 coins, approximately $27.81 million.

On October 21st, the Digital Asset Treasury company Solana Company (HSDT) announced that it will permit investors participating in its $500 million PIPE financing round to sell shares ahead of schedule. In the past few days, the company's stock price has nosedived by 60%, dropping below the PIPE pricing level. In recent times, several newly established Digital Asset Treasury (DAT) companies have been raising funds through the PIPE model to purchase crypto assets. However, as stock prices have plunged during the lock-up period, this financing model is coming under significant pressure. Solana Company (HSDT) was formerly Helius Medical Technologies and was backed by Pantera Capital. The company stated that it is unlocking its $500 million PIPE round shares early because its stock price has fallen below the initial purchase price. These shares were initially sold in a private placement in September at a price of $6.881 per share, and the company has now announced that these shares will

October 21st: On Tuesday, October 21st, the South Korean KOSPI Index opened at a higher level, increasing by 45.54 points, which is 1.19%, reaching 3860.23 points. The Nikkei 225 Index also opened higher on Tuesday, October 21st. It rose by 532.39 points, which is 1.08%, and reached 49717.89 points. (Jin10)