Overview of Important Developments on the Afternoon of October 16

7:00-12:00 Keywords: MARA, WLFI, Marc Andreessen

1. Musk donates $75 million to support Trump;

2. MARA uses BTC as collateral to obtain a $200 million credit line;

3. Trump family crypto project WLFI currently has sales of $9.66 million;

4. a16z co-founder Marc Andreessen: Previously sent $50,000 research grant to terminal of truths and its creator, personally unrelated to GOAT; 

5. Fed's Bostic: Expects another 25 basis point rate cut this year following the 50 basis point cut in September;

6. Venture capitalists Marc Andreessen and Ben Horowitz each donate $2.5 million to Trump's political action committee.