The correlation between Bitcoin and gold reaches a six-year high
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Bitwise analyst Andr é Dragosch stated that Bitcoin is increasingly exhibiting characteristics of digital gold, with its correlation with gold reaching a six-year high. （Cointelegraph）
According to Token Terminal, the market value of tokenized stocks has increased by $187.8 million in the past 7 days, becoming the largest growth area among all RWA sectors. During the same period, the market value of tokenized funds has increased by $21 million, while the market value of tokenized commodities has decreased by $24.2 million.
The Chinese Ministry of Finance has injected 54 billion US dollars into state-owned banks and insurance companies, including 360 billion yuan into insurance companies and 290 billion yuan into ABC and ICBC. （Cointelegraph）
US President Trump stated that he created hundreds of billions of dollars in profits for the US stock market during his tenure, and emphasized that the profits did not belong to him personally. （Watcher.Guru）
According to Bitcoin News monitoring, out of 4200 BTC associated with a peg out transaction on Liquid Network, about 4000 were transferred. Subsequently, an OP-RETURN message accompanying the transaction stated, "We are white hat, please contact us through on chain means
According to CNBC, the Trump administration appealed again to the US Supreme Court on Sunday after a federal judge blocked new restrictions on mail in ballots before the midterm elections. US District Court Judge Indira Talwani has extended a ban on the postal service from executing President Trump's executive order regarding the November election. This is the third time the Trump administration has requested intervention from the US Supreme Court. The US Supreme Court has allowed the plan to continue, but has not yet ruled on its legality.
