News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitget Daily Report (October 29)|Fed to Announce Rate Decision; Market Expects 25bp Cut; Visa Adds Multi-Chain Stablecoin Payments; Western Union to Launch Stablecoin on Solana2ARB/USDT Surges Amid Arbitrum Liquidity Influx and Rising On-Chain Trading Activity3DASH Rises Above $40–$42 Support, Eyes $60–$65 Breakout Momentum
Flash
- 09:32Ant Digital Technologies L2 Jovay Network: No tokens have been issued on any chain, beware of scamsOn October 29, Ant Digital Technology L2 Jovay Network officially issued an urgent security warning, pointing out that unauthorized projects have appeared in the market, fraudulently issuing fake tokens under the name of Jovay on multiple blockchains such as Solana, BSC, and Ethereum. The official statement clarified: Jovay has not issued any tokens on any blockchain at this time. Users should remain vigilant, refrain from purchasing or interacting with any tokens claiming to be from Jovay, and are advised to obtain accurate information through Jovay's official channels.
- 09:19Data: Bitcoin options with a notional value of $14.42 billions will expire and be settled this FridayChainCatcher news, according to market sources, this Friday (16:00 UTC+8), 127,000 BTC options will expire and be settled, with a notional value of $14.42 billions. The max pain point is $114,000, with a put/call ratio of 0.76. The notional value of expiring Ethereum options is $2.56 billions, with a max pain point at $4,100 and a put/call ratio of 0.7.
- 09:00Michael Saylor: Bitcoin is clearly positioned as digital gold, and its price will continue to rise in the future.ChainCatcher reported that MicroStrategy co-founder Michael Saylor revealed in a recent interview that bitcoin has been clearly positioned as digital gold and serves as a store of value. He mentioned that since the US government approved bitcoin ETFs last year, the market consensus around bitcoin as digital gold has gradually formed, and this view was further solidified at the crypto summit in March this year. He also pointed out that credit backed by gold once dominated the Western monetary system, and now, as digital capital, bitcoin’s digital credit instruments are developing rapidly. In addition, he mentioned the rapid growth in the digital finance sector over the past year, including the tokenization of currencies, stocks, bonds, and other real-world assets, which has provided significant momentum for proof-of-stake networks such as Ethereum. He emphasized that institutional acceptance of bitcoin is a key factor for the future development of the industry. Recently, several major banks, including JPMorgan, Citibank, and Wells Fargo, have adjusted their crypto policies and begun to accept bitcoin and Ethereum as collateral, marking a significant shift in traditional financial institutions’ attitudes toward crypto assets. Saylor also mentioned that MicroStrategy is the first bitcoin treasury company to receive an S&P credit rating, and its products have attracted institutional investors, including the BlackRock PFF fund. In addition, he predicted that the price of bitcoin will continue to rise in the future and stated that the company’s goal is to promote broader adoption of bitcoin through digital credit instruments, ultimately achieving the goal of purchasing $30 billions worth of bitcoin.