Daily Top Performer — Arkham Intelligence (ARKM)

The S&P 500 futures rose 0.3% on Monday, recovering from last week's losses as investors focused on the U.S. presidential election and the Federal

Stock market futures rose on Monday, October 28, 2024, as investors awaited the U.S. presidential election and the Federal Reserve's policy decision.

The S&P 500 futures rose 0.3% on Monday, recovering from last week's losses. The futures for the Dow Jones Industrial Average and the Nasdaq 100 both rose 0.2%.

The S&P 500 closed lower last week, snapping a four-week rally, as investors booked profits ahead of the key events. The Dow and the Nasdaq both closed in the red for the week.

Investors are now awaiting the presidential election on Tuesday, November 5, and the two-day Federal Reserve meeting, which begins on Tuesday, November 5. The central bank is widely expected to raise interest rates by 0.25%.

In commodities, the Reserve Bank of Australia is expected to keep the cash rate steady at 4.35%, with inflation indicators showing an increase.

In cryptocurrencies, the Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 0.58%, with Bitcoin and Ether rising by 0.58% and 0.76%, respectively in the past 24 hours.

Today's Top Performer

ARKM surged 8.3% after QuillAI Network enhanced QuillCheck with Arkham Analytics to improve asset security in Web3.

Arkham Intelligence (ARKM), founded on 2020, one of the top-performing meme coins in March 2024, is a crypto intelligence platform that uses advanced techniques to link blockchain transactions to real-world identities, enhancing transparency and efficiency in the market. QuillAI Network has integrated Arkham's on-chain analytics into QuillCheck, its token due diligence AI agent. This enhancement allows QuillCheck to analyze token holder activity, community size, liquidity, and specific wallets, providing Web3 users with improved asset security and smarter trading insights.

Check Out the Latest Prices, Charts, and Data of ARKMUSDT Perp and ARKM/USDT Spot!

Talk of the Town

Sonic, a layer-2 blockchain on Solana, surpassed $50 million in staked delegation on the Solayer platform, becoming the largest delegated Actively Validated Service (AVS) on Solayer.

To enhance the Solana restaking ecosystem, Sonic has partnered with Solayer and Adrastea, aiming to boost rewards for Solana delegators. Sonic's CEO, Chris Zhu, highlighted the milestone as evidence of the growing sophistication of Solana's decentralized services.

Analysts predict significant growth for Solana's restaking and liquid staking solutions, potentially rivaling Ethereum's established market. Currently, Solana's liquid staking has a total value locked (TVL) of $5.9 billion.

Check Out the Latest Prices, Charts, and Data of SOLUSDT Perp and SOL/USDT Spot Contracts!

Bitcoin Spot ETF Flows

Date

GBTC (M USD)

Non-GBTC (M USD)

Total (M USD)

28 October 2024

0.0

479.4

479.4

29 October 2024

(17.3)

887.4

870.1

30 October 2024

0.0

893.3

893.3

31 October 2024

(31.1)

63.4

32.3

01 November  2024

(5.5)

(49.4)

(54.9)

Total

(53.9)

2,274.1

2,220.2

Current Total:

(20,116)

44,342

24,226

Bitcoin Spot ETFs saw strong inflows, especially into Non-GBTC funds, which attracted $2,274.1 million, while GBTC experienced outflows totaling $53.9 million, resulting in a net inflow of $2,220.2 million across all funds. This preference for Non-GBTC ETFs is evident in the flows. Cumulatively, GBTC's total flows stand at a negative $20,116 million, whereas Non-GBTC funds have accrued $44,342 million, bringing the overall total to $24,226 million.

Check Out the Latest Prices, Charts, and Data of BTCUSDT Perp and BTC/USDT Spot Contracts!

Airdrop to Watch

The Usual’s Chapter 2 Pills Campaign on Galxe will have a snapshot on November 6th, so participants must hold at least 1 USD0 token by that date.

To obtain USD