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From "Estée Lauder's son-in-law" to "Trump loyalist," how might the crypto stances of potential successors impact the market?
YoungHoon Kim, recognized as the world’s highest-IQ individual, believes Bitcoin will expand 100-fold within a decade and evolve into a global reserve asset. He argues Bitcoin’s limited supply and resistance to inflation make it a natural foundation for the future financial system, even suggesting “American Bitcoin” could surpass tech giants.
Kazakhstan launched the Alem Crypto Fund, a state-backed digital asset reserve, partnering with Binance Kazakhstan to acquire BNB, aiming for long-term strategic investments and enhancing the country’s position in regulated crypto finance.
Cryptocurrency projects are attempting to replicate the long-term success path of Wall Street’s "dividend aristocrats," such as Apple, Procter & Gamble, and Coca-Cola.
After supporting the Ethereum mainnet, Anoma will first support key Ethereum Layer 2 networks before expanding to other ecosystems.
Hedera (HBAR) risks losing its 2-month Golden Cross as bearish momentum builds. Trading at $0.215, the token could slip toward $0.198 unless it breaks above $0.230 resistance.
The SEC halted QMMM trading on September 29 after a 2,000% stock surge triggered by its $100 million crypto treasury plan, raising concerns over social media-driven market manipulation and broader corporate crypto adoption trends.
- 22:53US-listed company Upexi announces completion of $10 million private placementJinse Finance reported that Nasdaq-listed company Upexi (UPXI) has announced the completion of a private placement, issuing a total of 3,289,474 shares of common stock and warrants. The warrants entitle holders to purchase up to 3,289,474 shares of common stock at a combined purchase price of $3.04 per share. The total funds raised from this placement amount to approximately $10 million. If all warrants are exercised for cash, an additional approximately $13 million is expected to be raised. The company plans to use the net proceeds from this placement for working capital, general corporate purposes, and its internally managed SOL maximum return strategy.
- 22:27Some users are unable to access ChatGPT, OpenAI says countermeasures have been takenJinse Finance reported that OpenAI's AI chatbot ChatGPT is currently experiencing service interruptions for some users. According to an update posted on OpenAI's official status page, the company is "currently experiencing some issues," including a "rise in ChatGPT error rates." The status page also stated: "We have implemented mitigation measures and are monitoring the recovery of the service." OpenAI has not yet responded to requests for comment. According to data from the network outage tracking website Downdetector, about 3,000 users reported issues using ChatGPT on Tuesday.
- 22:24The probability of a 25 basis point rate cut by the Federal Reserve in December reaches 89.2%According to ChainCatcher, citing Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 89.2%, while the probability of keeping rates unchanged is 10.8%. By January next year, the probability of a cumulative 25 basis point rate cut is 66.6%, the probability of keeping rates unchanged is 7.7%, and the probability of a cumulative 50 basis point rate cut is 25.7%.