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The Hong Kong SFC will extend CEO Julia Leung’s term to 2028, underscoring her leadership in strengthening crypto regulation and investor protection amid the city’s growing ambitions as a global financial hub.
MNT surges to new highs as the $3 billion USD1 stablecoin deployment fuels Mantle Network liquidity and demand. Technicals and on-chain metrics suggest the rally has strong fundamentals.
Institutional investors poured nearly $6 billion into crypto last week as Fed rate cuts and US political turmoil drove record inflows led by Bitcoin, Ethereum, and Solana.
Bitcoin’s surge to new highs masks weakening fundamentals as user activity drops and open interest spikes. Analysts warn that limited participation could trigger a sharp correction if sentiment shifts.
Ethereum, XRP, and BNB may see heavy liquidations in the second week of October. Rising leverage, profit-taking, and whale movements are amplifying market volatility and posing serious risks for overconfident traders.
Dogecoin’s quiet climb could be setting the stage for a 20% rally. On-chain data shows strong holder confidence, while the chart forms a bullish breakout setup above $0.28.
The air in Singapore during TOKEN2049 Week is always thick with the promise of decentralized innovation, but beneath the glossy surface of networking events and headline announcements, a profound problem has always persisted, the chasm between Web2’s familiar user experience and Web3’s technical complexity. This year, at one of the week’s most buzzed-about side events,
- 19:27UN Report: Financial Volatility May Endanger Global Trade and Push the World Economy to the Brink of CrisisJinse Finance reported that the United Nations Conference on Trade and Development (UNCTAD) released its "2025 Trade and Development Report" on December 2, predicting that global economic growth will slow to 2.6% in 2025, down from 2.9% in 2024. The report focuses on the impact of finance on trade, pointing out that financial market volatility has almost as much influence on global trade as real economic activity, and affects global development prospects. UNCTAD Secretary-General Greenspan stated that research results show the financial environment is increasingly dominating the direction of global trade, saying, "Trade is not only a supply chain, but also a connection of credit lines, payment systems, currency markets, and capital flows."
- 18:52Trump: Evaluated 10 Federal Reserve candidates, only one final candidate remainsJinse Finance reported that U.S. President Trump stated: We have evaluated 10 Federal Reserve candidates, and we are down to the final candidate.
- 18:46Data: Approximately 157,100 SOL, worth about $220 millions, flowed into a certain exchange's Prime.ChainCatcher news, according to Arkham data, at 02:31 and 02:32, a certain exchange Prime received two large SOL transfers, totaling 157,068.05 SOL (with a total value of approximately $220 millions). 1. 93,567.25 SOL (valued at approximately $131 millions) were transferred from an anonymous address (starting with 9NGBTH...) into the exchange Prime.2. 63,500.8 SOL (valued at approximately $88.8 millions) were transferred out from the exchange Prime to an anonymous address (starting with 9EDgEr...).