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On October 18th, according to Bloomberg terminal data, as of October 15th, 2024, the total amount of US public debt reached a historic high of approximately $35.75 trillion. In just the past three weeks, US debt has increased by $455 billion.
The Trump family's encrypted project World Liberty Financial (WLF) has released a 13-page "World Liberty Gold Paper" document that details the project's mission and token allocation plan. The document shows that the Trump family will receive 75% of the project's net income without any liability.
According to data monitored by Farside Investors, BlackRock's iShares iBoxx $ Investment Grade Corporate Bond ETF had a net inflow of $319.7 million yesterday.
According to market conditions, BTC has fallen below $67,000 and is currently trading at $66,987.6, with a 24-hour decline of 0.96%. The market is volatile, so please be prepared for risk control.
The market shows ETH has fallen below $2,600, currently reporting at $2,599.61, with a 24-hour decline of 0.66%. The market is volatile, please be prepared for risk control.
On August 10th, Chain Detective ZachXBT posted on social media that 4 addresses made a profit of $3.8 million in the RTR sell-off, with the 9G1ELG and GHoW2 addresses belonging to the same person and receiving 500 SOL in new funds within minutes after the TGE. Previously, it was reported that Restore The Republic (RTR) had its TGE on the evening of August 8th, with rumors circulating in the community that it was related to a new project by the Trump family. The RTR token reached a high of $0.156 on August 9th at midnight. Afterwards, Eric Trump, the current Executive Vice President of the Trump Organization and son of Donald Trump, warned on social media to "be careful of false tokens" and that the only official Trump project has yet to be announced and will be announced on Twitter first. After the statement was released, RTR quickly dropped by about 95%, with a trading volume of $164 million within just 15 hours of its creation.
The US Internal Revenue Service (IRS) released an updated draft version of tax form 1099-DA for cryptocurrency brokers and investors to report certain transaction income. The public has 30 days to provide feedback to the IRS on this version. Starting in 2026, cryptocurrency investors who use brokers (currently mainly Coinbase and Kraken, among others) will receive 1099-DAs from these brokers to report certain cryptocurrency sales and trades as taxable events to the IRS. IRS officials say this form will "bring more convenience and clarity" to users who pay US cryptocurrency taxes.
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