News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
In Brief Crypto market sees abrupt sell-off, with altcoins severely affected. Bitcoin shows relative strength, boosting its market share. Investors adopt cautious strategies, watching key indicators closely.
In Brief Hyperliquid's HIP-3 upgrade enables developers to launch perpetual futures markets. HYPE token's value has surged, enhancing its market impact and interest. Recent substantial liquidations underline the volatile crypto environment and potential challenges.
In Brief SNX coin surged over 120%, reaching above $2.20, in a significant market rally. The rally stems from upcoming Ethereum mainnet launches and trading competitions. "Dino coins" like SNX could regain prominence in upcoming financial cycles.
Crypto crime unit SEAL unveiled the Verifiable Phishing Reporter using TLS attestations to identify cloaked phishing sites, improve reporting accuracy, and strengthen the crypto sector’s defense against rapidly evolving online fraud and financial losses.
The United States filed a civil forfeiture complaint targeting 127,271 Bitcoin worth $14 billion, allegedly tied to Chen Zhi’s pig-butchering scam network.
The UK’s Financial Conduct Authority has announced official support for tokenization efforts, proposing regulatory clarity for fund managers operating tokenized registers.
Two major Solana treasury firms purchased discounted SOL tokens from the Solana Foundation during market volatility, while Ark Invest increased exposure.
Figure Certificate Company launches YLDS on Sui blockchain as an SEC-registered security token that yields SOFR minus 35 basis points, backed by treasury securities with direct fiat on/off-ramps.
- 22:14The probability of the Federal Reserve cutting interest rates by 25 basis points in October is 97.3%.Jinse Finance reported, according to CME "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged in October is 2.7%, while the probability of a 25 basis point rate cut is 97.3%. The probability that the Federal Reserve will keep interest rates unchanged in December is 0.1%, the cumulative probability of a 25 basis point rate cut is 5.7%, and the cumulative probability of a 50 basis point rate cut is 94.2%.
- 22:06Bank of England Deputy Governor: Stablecoin holding limits will be lifted once economic risks are eliminatedJinse Finance reported that Bank of England Deputy Governor Sarah Breeden stated that once stablecoins no longer pose a threat to the economy, the Bank of England will lift the currently proposed limits on the amount of stablecoins individuals and businesses can hold. Breeden pointed out that the rapid adoption of stablecoins could lead to a "large-scale outflow" of bank deposits.
- 21:43Traders Bet on Major Moves by the Federal Reserve by Year-EndJinse Finance reported that traders have begun betting that the Federal Reserve will implement at least one significant rate cut before the end of the year, convinced that policy may turn more aggressive than currently expected by other market observers. Recent trading activity in options linked to the Secured Overnight Financing Rate (SOFR) shows the market is increasing its positioning for a half-percentage-point rate cut, which could occur at either the meeting later this month or the December meeting. This expectation exceeds the two 25-basis-point cuts already priced into current interest rate swaps. Due to the prolonged U.S. government shutdown, the release of key employment and other economic data has been delayed. Once the deadlock is resolved, a large amount of data will emerge, revealing the latest changes in economic conditions. Some expect this data may further indicate economic weakness, thereby supporting additional rate cuts.