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1Bitget Daily Digest(October 14)|After tariff panic, TACO trading resurfaces; UK plans major tax cuts and advocates for the central bank to hold Bitcoin; multiple tokens set for large unlocks in the ne2Whales sell $4.2 billion worth of bitcoin, mysterious Chinese figure Garrett Jin caught in public controversy3Bitcoin Spot ETF Volume Hits $1B in 10 Minutes
Flash
- 06:02HSBC: The US dollar may weaken again, expected to bottom out early next yearChainCatcher news, according to Golden Ten Data, HSBC believes that the US dollar is likely to weaken again. Paul Mackel, Global Head of FX Research at HSBC, pointed out in a report that historically, when the Federal Reserve restarts an easing cycle and the US economy avoids recession, the US dollar tends to weaken. Mackel expects the US dollar to bottom out early next year.
- 05:52The total market capitalization of stablecoins surpasses $310 billion, reaching a new all-time high.According to Jinse Finance, data from Coingecko shows that the total market capitalization of stablecoins has surpassed $310 billions, reaching a new all-time high. It is currently reported at $310.7 billions, with a 24-hour market cap increase of 0.3%, and an increase of approximately $10 billions over the past three weeks. Among them, USDT ranks first with a current market cap of about $180 billions, while USDC ranks second with a market cap of $76 billions. Notably, at the beginning of this year, the total market capitalization of stablecoins was around $230 billions, having increased by more than $80 billions so far this year.
- 05:49A certain whale transferred 541,108 SOL, worth approximately $109,640,112, to a certain exchange.According to ChainCatcher, Whale Alert monitoring shows that a whale has transferred 541,108 SOL, worth approximately $109,640,112, to an exchange.