Daily Crypto NewsEDITION #1085, 04 November

Trump or Harris?

Today in the UK, they’re celebrating Guy Fawkes Night.

Guy Fawkes has an intriguing history, though not many people actually know it. For most, Guy Fawkes is just the famous “Guy Fawkes mask” or “Anonymous mask”. 

We never really know how society will judge our actions or us as individuals— we just act, and let the chips fall where they may.

Now, let’s get to the essentials because we respect your time, and time is Moni.

What’s up? 

Welcome to the volatility zone! First, put on your own “mask” before helping your financial analyst.

It’s election week.

Overall, many respected figures lean toward the opinion we shared—markets have long priced in either a Harris or Trump win, so it doesn’t make a big difference for crypto.

What’s much more important is the Federal Reserve’s meeting this Thursday, where they’ll decide on the interest rate (likely another cut, which is positive news).

It’s also worth noting that Central Banks (like the one in the UK) are planning rate cuts.

This week, central banks representing over a third of the world’s economy will announce rate cuts. The only outlier? Australia, which isn’t touching its rate for now.

Overall, this is positive news. Lower rates = more money flowing into markets. 

Hm… we have more to discuss: 

- Pavel Durov seems to want to turn Telegram into the next App Store.

Telegram’s Mini Apps will get a whole 10 new features:

  - Full-screen Mini App option

  - Subscription plans for Mini Apps

  - Ad monetization

  - Geo-based access

  - Quick access shortcuts for home screens

And so on.

Frankly, we are bullish on TON just because of these innovations: Durov’s challenging the tired monopolies of Apple and Google Play.

Now, this is real revolution, technology, and breakthrough. And if it works, $TON could grow and surpass $SOL and everything else, since Durov has a shot at taking Telegram out of our crypto sandbox into the big leagues.

Soon, we’ll even be able to buy meme coins with $STARS.

In short, we’re VERY, VERY early.

- In Russia, miners are now required to report the amount of crypto they mine to the Federal Tax Service.

Everyone wanted mass adoption, right? :)

- Lastly, $GRASS made 2x since listing. We sold it right away, but hey, it happens.

Of course, this token rise got crypto Twitter buzzing about the “T-E-C-H-N-O-L-O-G-Y” in Grass.