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The cryptocurrency market faces a critical juncture as the People’s Bank of China (PBOC) considers stimulus measures in response to slowing economic activity. Analysts suggest that if Beijing injects liquidity into the system, altcoins could experience a significant rally, potentially surpassing previous all-time highs. China Stimulus Possible in Next Month While headlines often focus on … <a href="https://beincrypto.com/china-stimulus-could-spark-altcoin-rally-as-economic-data-weakens/">Continued</
Share link:In this post: The United States Treasury is looking into the possibility of using digital identity to check illicit financial activities in the DeFi sector. The agency is entertaining public comment on the issue, and it is expected to close by October 17. United States banks have warned of stablecoin yield, noting that it could disrupt the American credit system.
- 04:23Data: A 100% win-rate whale continues to increase ETH long positions to $90.67 millionAccording to ChainCatcher, on-chain analyst Ai Aunt (@ai_9684xtpa) has monitored that the "100% Win Rate Mysterious Whale" continues to increase their leveraged ETH long position (5x leverage) to 23,263.23 ETH (approximately 90.67 millions USD), with an average opening price of 3,869.99 USD and an unrealized profit of 646,000 USD.
- 04:18Only 274 addresses successfully participated in the Stable pre-deposit eventAccording to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that only 274 addresses successfully participated in the $825 million Stable public chain pre-deposit event. A certain whale/institution took up $500 million of the quota through 9 addresses, accounting for 60.6% of the total share.
- 04:13Data: Bitcoin spot ETF saw a total net inflow of $20.3254 million yesterday, with BlackRock IBIT leading at a net inflow of $108 million.ChainCatcher news, according to SoSoValue data, the total net inflow of Bitcoin spot ETFs is $20.3254 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock IBIT, with a single-day net inflow of $108 million. Currently, IBIT's historical total net inflow has reached $65.273 billion. The second is Bitwise ETF BITB, with a single-day net inflow of $17.4081 million. Currently, BITB's historical total net inflow has reached $2.394 billion. The Bitcoin spot ETF with the highest single-day net outflow yesterday was Grayscale ETF GBTC, with a single-day net outflow of $60.485 million. Currently, GBTC's historical total net outflow has reached $24.616 billion. As of press time, the total net asset value of Bitcoin spot ETFs is $149.431 billion, the ETF net asset ratio (market value as a percentage of Bitcoin's total market value) is 6.84%, and the historical cumulative net inflow has reached $61.894 billion.