Daily View | Friday October 29

The following content is organized and provided by PlatONWorld for the purpose of spreading more information and has nothing to do with PlatONWorld’s position. The content is from a third-party platform, and the accuracy, authenticity, completeness, validity, and real-time nature of the information are not guaranteed.

【LAT】

Total issuance	Circulation	Pledge rate	Total pledge	Number of addresses
10,250,000,000	1062,360,000	26.51%	1,225,009,069.09	45,177

Data source: https://scan.platon.network/

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.1568	0.1350	7,487,113
BTC/USDT	62500.00	57000.00	21,038
ETH/USDT	4405.00	3952.82	213,676

Data source: Huobi Exchange

【10 days node data】

2021	Active	Candidate	Exiting	Exited
October 29	201	17	9	108
October 28	201	17	9	108
October 27	201	17	9	108
October 26	201	17	9	108
October 25	201	16	9	109
October 24	201	14	9	109
October 23	201	16	9	108
October 22	201	16	8	109
October 21	201	16	8	109
October 20	201	16	8	109

Data source: https://scan.platon.network/

【Industry News】

Wall Street Journal: The SEC will not give the green light to leveraged Bitcoin EFT

On October 28, the Wall Street Journal reported on Wednesday that the US Securities and Exchange Commission (SEC) has asked at least one asset management company to cancel the plan to set up a leveraged Bitcoin listed trading fund (ETF). According to the report, the SEC has hinted that it hopes that new bitcoin-related products will be limited to those that provide unleveraged exposure to bitcoin futures contracts. The SEC approved the ProShares Bitcoin Strategy ETF, which is the first ETF based on Bitcoin futures in the United States. This move is regarded as a turning point for cryptocurrencies and pushed up the price of Bitcoin. The fund started trading last week.

Bloomberg: Facebook’s meta-universe project may be more profitable than social media

On October 28, Bloomberg pointed out that Facebook’s meta-universe project may be more profitable than its social media, and it can temporarily alleviate Facebook’s regulatory concerns. First, most interactions in the metaverse (whether in virtual reality or augmented reality) may not leave a permanent record, which will make the metaverse more similar to the real world, thereby reducing the need for Facebook to censor and delete records. Heavy burden. Secondly, entering the metaverse anonymously will not be as easy as entering the Facebook platform today. Strong identity authentication will ensure that the brand reaches its audience more effectively. Facebook meta universe may be more commercialized from the beginning. After large-scale infrastructure investment, many companies may pay Facebook virtual real estate expenses to reduce travel expenses and office rents. Companies (not individuals) will set the tone for Metaverse, which will reduce Facebook’s regulatory burden. Compared with individuals, companies have a lower willingness to take risks, so they will introduce various rules to strengthen the maintenance of Metaverse by themselves.