Coin circle news focus:
Ethereum price falls to low since March as inflation data beats expectations
Uniswap launches wallet beta version, preparing for official release on Google Play
Cryptocurrency legislation stalled, U.S. House leadership battle not over yet
The currency circle boss said this:
AlΞx Wacy: "2023 Review, Bear Market New Narrative and 2024 Outlook!"
Critical hit chance this week:
🚀《Investing in Blockchain from Scratch》|〈Binance〉x〈Chain Apprentice〉Collaboration Lecture
Prices of Bitcoin and other cryptocurrencies | CoinGecko Top 100 Cryptocurrencies (2023.10.12 AM 08:00 ~ 2023.10.13 AM 08:00
Coin News Focus
Ethereum price falls to low since March as inflation data beats expectations
Yesterday's US inflation data CPI exceeded market expectations. The annual CPI growth rate in September was 3.7%, slightly higher than the 3.6% expected by the market. Core CPI, which excludes food and energy costs, grew at an annual rate of 4.1%, in line with market expectations and below the previous reading of 4.3%. However, this was the fourth consecutive day of decline for the cryptocurrency market, with Ethereum prices even falling to a March low of $1,523.
U.S. stocks snapped a four-day winning streak. The S&P 500 and Nasdaq both fell 0.6%. At the time of writing, the price of Bitcoin was at $26,720, down 0.4% in the past 24 hours; the price of Ethereum was at $1,537, down 1.9% in the past 24 hours.
Uniswap launches wallet beta version, preparing for official release on Google Play
Decentralized exchange Uniswap launched a closed beta version of its Android APP on October 12, which will be available on the Google Play Store in the future, completing the final piece of the puzzle for Uniswap’s services on PC and iOS.
As the world's largest decentralized exchange, Uniswap launched the iOS version of the APP on April 13 this year, and the current Android beta version will automatically detect the blockchain where the token is located and switch to that blockchain. , users do not need to manually operate. Currently the app supports Polygon, Arbitrum, Optimism, Base and BNB Chain, with more blockchains to be supported in the future.
Cryptocurrency legislation stalled, U.S. House leadership battle not over yet
According to foreign media reports, with the re-election of the Speaker of the U.S. House of Representatives, the cryptocurrency-friendly Speaker Pro Tempore McHenry has been unable to withdraw. Work including the promotion of cryptocurrency legislation has almost been forced to a halt. He is busy dealing with bills such as Israel and the November U.S. government budget.
The House of Representatives is currently in the middle of a power grab between the two parties, and the election of a new speaker seems to be even more difficult to make due to the tense international situation. Some members speculate that the new speaker may take office within the next 2 to 3 weeks.
Other currency news
The Ethereum zero-knowledge virtual machine zkEVM track has begun, and the three major ecosystems of Scroll, Polygon, and Matter Labs are competing with each other.
.Well-known and veteran cold wallet Trezor launches new product Safe3! Use Keep Metal to "physically" permanently save the mnemonic.
Full version of Lian Xi’s birthday report
Watch the boss’s views and critical attack opportunities this week
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