[NYDIG: Stablecoins Are Not Truly Pegged to the US Dollar] Greg Cipolaro, Global Head of Research at NYDIG, stated that stablecoins like USDC and USDT are not truly pegged to the US dollar, as their value fluctuates based on market supply and demand. Essentially, stablecoins are market trading tools, and their 'stability' is determined by arbitrage and market dynamics. Users should be cautious of the associated risks.

Binance TAO is currently priced at $451.72, with a 24-hour increase of 16.28%. 24-hour transaction volume of 1.7 billion US dollars, up 22.97%, for reference only

[Main Password: Twitter co-founder Jack Dorsey reiterated that Bitcoin is a true currency, boosting market confidence, and the main trader made a $300 million bet in this direction.] The main large order can be combined with the position difference indicator to judge the main force to open and close the position. Open PRO members can follow the main trading operations in time

OKX-ETH/USDT is currently trading at $3998.25, with a 5-minute increase of 0.72%. Please be aware of market fluctuations.

[Overview of Important Global Economic Data and Events This Week] This week, several important global economic data and events will be released: - Monday: China announces Q3 GDP annual rate and year-on-year industrial output; the 20th Central Committee's Fourth Plenary Session convenes. - Tuesday: The Federal Reserve holds a payment innovation conference; India markets closed for Diwali. - Wednesday: The UK releases September CPI data; Tesla announces its earnings report. - Thursday: China releases data on the global share of RMB payments for September; Intel announces its earnings report. - Friday: The U.S. September CPI report and preliminary manufacturing PMI data from multiple countries are released. - Saturday: U.S. oil rig count update. - Sunday: Several European countries begin implementing daylight saving time.