News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
S&P Global has assigned a "B-" credit rating to bitcoin treasury company Strategy, classifying it as junk debt but with a stable outlook. The Federal Reserve is expected to cut interest rates by 25 basis points, with a possible split in the voting. The Hong Kong Securities and Futures Commission has launched a tender for a virtual asset trading monitoring system. Citi is partnering with Coinbase to explore stablecoin payment solutions. ZEC surged significantly due to halving and privacy topics. Summary generated by Mars AI. The accuracy and completeness of this summary are still being refined and updated by the Mars AI model.
Key indicators (4:00 PM Hong Kong time on October 6 -> 4:00 PM Hong Kong time on October 27): BTC/USD -6.4...
AI faces adjustment risks!
Clearly identify the type of transaction you are participating in and make corresponding adjustments.
In Brief BlackRock's Bitcoin spot ETF boosted confidence, defying expectations of Bitcoin's end. Altcoin ETFs could eliminate current institutional investor limitations, spurring market growth. Lack of BlackRock's altcoin ETF may limit long-term support, risking market disillusionment.
- 23:49Bitwise Solana Staking ETF reaches $56 million in trading volume on its first day, setting a new record for newly launched ETFs this year.ChainCatcher News, Bloomberg Senior ETF Analyst Eric Balchunas posted on X, stating: "On its first day of listing, the Bitwise Solana Staking ETF (BSOL) recorded a trading volume of $56 million, while the Canary HBAR ETF (HBR) and Canary Litecoin Spot ETF saw trading volumes of $8 million and $1 million, respectively. BSOL's $56 million first-day trading volume is the highest among all newly listed ETFs this year, surpassing products such as XRPR, SSK, Ives, and BMNU. The ETF's initial funding was $220 million; it could have deployed all its initial capital on the first day, which would have brought the fund size to about $280 million, even exceeding the scale of ETHA at its debut. In any case, this is a strong start."
- 23:40Overview of Major Overnight Developments on October 2921:00-7:00 Keywords: Microsoft, Fusaka Hard Fork, POLY, OceanPal 1. Oracle: The Digital Asset Data Hub will be launched next year; 2. Multiple crypto PACs in the United States have raised $263 million, surpassing the energy industry; 3. Microsoft's investment in OpenAI's public benefit corporation is valued at approximately $135 billion; 4. The Ethereum Fusaka hard fork has been activated on the final testnet and is expected to go live on the mainnet in December; 5. OceanPal has partnered with NEAR Foundation for a $120 million PIPE investment; 6. OpenAI spokesperson: OpenAI has no plans to go public or focus on an initial public offering; 7. Polymarket will return to the United States before the end of November, after which it will launch the POLY token and conduct an airdrop.
- 23:07Norwegian Crypto Declarations Surge by 30%: Around 73,000 People Report Over $4 Billion in AssetsAccording to a report by Jinse Finance, the Norwegian Tax Administration announced that for the 2024 fiscal year, more than 73,000 people declared holdings of cryptocurrencies, with a total value exceeding $4 billion, representing a year-on-year increase of about 30%. Tax Director Nina Schanke Funnemark stated that several measures implemented in recent years have proven effective, with more people declaring crypto assets as required to ensure tax compliance. Data shows that among the declared assets, approximately $550 million were gains, while $290 million were losses. Norway plans to require exchanges and custodians to report crypto holdings information through third-party reporting starting in 2026.