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Analyzing Bitcoin's Uptober and Predictions for a Post-Election Surge
Analyzing Bitcoin's Uptober and Predictions for a Post-Election Surge

As the 2024 United States presidential election approaches, Bitcoin is once again in the spotlight. Bitcoin has demonstrated amazing resilience in the lead-up to this pivotal moment. Many analysts and investors are speculating about Bitcoin’s price movements, hoping for a significant rise following

Bitget Academy·2024/11/04 09:55
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  • 05:17
    Robinhood releases August operating data: total assets on the platform reach $304 billion, up 112% year-on-year
    Jinse Finance reported that Robinhood Markets, Inc. (NASDAQ: HOOD) released its operating data for August 2025. As of the end of August, the platform's total assets reached $304 billion, up 2% from the previous month and a significant 112% year-on-year increase. The number of funded customers was 26.7 million, a slight decrease of 10,000 from July (mainly due to the forced return of approximately 180,000 low-balance accounts), but an increase of 2.4 million year-on-year. Net deposits in August were $4.8 billion, with cumulative net deposits over the past 12 months reaching $61.6 billion. In terms of trading, nominal stock trading volume was $199.2 billion (up 107% year-on-year), and options contract trading volume was 195.5 million contracts (up 33% year-on-year). For cryptocurrencies, Robinhood app trading volume was $13.7 billion (up 154% year-on-year), and Bitstamp exchange trading volume was $14.4 billion (up 21% month-on-month). Margin balances were $12.5 billion (up 127% year-on-year), and securities lending income was $53 million (up 165% year-on-year).
  • 05:11
    Analysis: The market has fully priced in expectations for three 25-basis-point rate cuts by the end of the year
    Jinse Finance reported that the trading information platform Kobeissi Letter pointed out that the market currently expects a total rate cut of 75 basis points by the end of the year. Despite the continued rise in the Consumer Price Index (CPI) inflation, the labor market remains too weak to be ignored. Meanwhile, the yield on the 10-year US Treasury has officially fallen below 4.00% for the first time since April 4. The market has now fully priced in expectations for three 25 basis point rate cuts before the end of the year.
  • 04:46
    Security firm: Cross-platform malware named "ModStealer" can evade antivirus detection and targets browser wallets
    Jinse Finance reported that security company Mosyle has disclosed that researchers have discovered a new type of malware capable of bypassing antivirus checks to steal data from cryptocurrency wallets on Windows, Linux, and macOS systems. This malware, known as ModStealer, had already been lurking undetected under mainstream antivirus engines for nearly a month at the time of disclosure. Its method of propagation is through fake job advertisements targeting developers. Mosyle stated that spreading through fake job ads is intentional, as the targets are developers who may already be using the Node.js environment.
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