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- HKMA prioritizes e-HKD for wholesale uses like cross-border settlements after Phase 2 trials, citing its credit-risk-free advantages for institutions. - Retail e-HKD rollout aims for H1 2026, pending tech/regulatory progress, with trials testing digital vouchers for local purchases. - Hong Kong plans tokenization standards to boost e-HKD integration, positioning itself as a digital asset hub amid China's stablecoin pause. - Early wholesale adoption includes tokenized asset settlements, reinforcing Hong K
- Mantle (MNT) shows breakout potential with 5.85% higher futures open interest and $732.48M DEX volume, but faces descending triangle resistance. - Shiba Inu (SHIB) struggles to convert 2,713% burn rate into price gains, with 289B tokens withdrawn signaling long-term holder accumulation. - BlockDAG (BDAG) leads presales with $432M+ raised, leveraging F1 partnership and 15,000 TPS capacity to attract institutional adoption. - Fed's 25-basis-point cut probability boosts crypto risk-on sentiment, but J.P. Mo
- Pi Network, with 50M users, joins Ripple/Stellar in ISO 20022 compliance efforts to bridge blockchain and traditional banking by 2025. - Finalizing sandbox testing for SWIFT compatibility, Pi aims to enable institutional interoperability through decentralized compliance APIs and real-time transaction verification. - Targeting emerging markets via Nigeria/Vietnam pilots and regulatory discussions in Kenya/Indonesia, Pi seeks to leverage its user base for retail/small business adoption. - Unlike Ripple/Ste
- Fed rate cuts spark optimism in crypto and equities, with S&P 500 projected to rise 4%-10% by 2025 amid investor skepticism. - J.P. Morgan warns Fed may pause 2025 cuts to assess Trump-era policy impacts, diverging from Wall Street's easing expectations. - Bitcoin rebounds to $114,600 as ETF inflows drive institutional ownership to 12% of total supply, fueled by geopolitical stability and macro trends. - Binance's CZ backs crypto's macro role post-Trump pardon, while analysts caution Trump tariffs could
- Beijing Procuratorate revealed a 1.1B yuan virtual currency case, highlighting China's intensified crackdown on offshore forex transactions via digital assets. - Regulatory focus shifts to curbing black-market crypto activities while advancing digital RMB (e-CNY) for cross-border trade to challenge U.S. dollar dominance. - Bank of China prioritizes e-CNY offshore applications in Hong Kong and Southeast Asia, aiming to create an independent yuan-based payment system. - Geopolitical tensions in U.S.-China
- The Fed is set to cut rates by 25 bps at its October 2025 meeting (98.3% probability), shifting focus from inflation to labor market stabilization amid softening employment data. - Private-sector indicators and truncated CPI data enabled the FOMC to act despite a government shutdown, with analysts citing "safer" conditions for easing due to weak labor markets and subdued inflation. - Bitcoin surged to $116,000 as crypto markets priced in the cut, while geopolitical risks eased with potential U.S.-China t
- The Fed will cut rates by 25 bps at its October 28-29 meeting, targeting 3.75%-4.00%, marking its second 2025 reduction amid weakening labor markets. - Mortgage rates fell to 6.27% as of October 16, but analysts caution average rates remain above 6%, limiting refinancing incentives for most homeowners. - Crypto markets priced in the Fed's dovish pivot, with Bitcoin's open interest surging to $37.63 billion and $921M ETP inflows driven by easing expectations. - Global equity funds saw $11.03B inflows this
- Crypto market gains momentum as BlockDAG secures 20 exchange listings and raises $430M in presale, signaling institutional adoption potential. - Mantle (MNT) rebounds 7.33% near $1.71 with technical indicators suggesting a $1.74+ breakout, while Ondo (ONDO) consolidates ahead of potential $0.75+ surge. - Fed's 98.9% likely October rate cut and $11B equity inflows boost risk-on sentiment, with crypto benefiting from improved liquidity and macroeconomic easing. - Oracle and Securitize bridge DeFi-tradition
- ZOOZ Strategy Ltd. added $10M in Bitcoin (94 coins at $112,000/coin), raising its total holdings to 1,036 coins valued at $115M. - As first dual-listed Nasdaq-TASE firm, ZOOZ integrates Bitcoin as core treasury asset, offering NIS-denominated exposure to investors. - CEO Jordan Fried highlights Bitcoin's role as "resilient store of value," despite weak liquidity metrics (current ratio 0.77) and regulatory risks. - Related ZOOZ Power secured $180M private placement to expand capital, aligning with broader
- Spot gold rose to $3,980/oz on Oct 28, 2025, rebounding from prior losses amid shifting geopolitical risks and divergent analyst forecasts. - India's RBI boosted global demand by adding $31B to gold reserves in FY2026, citing strategic buffers against global uncertainty. - Banks remain split on 2026 gold prices: Citi cut its target to $3,800, while JPMorgan and Societe Generale forecast $4,753-$5,000. - Fed rate cut expectations and U.S.-China trade optimism pressured gold, though technical indicators hi
- 09:00Bitget launches VIP exclusive event: 100% chance to win cigar sets and other customized merchandise through contract tradingChainCatcher news, Bitget has launched a new round of VIP peripheral activities, open to all VIP users in Chinese-speaking regions. During the event, users who complete specific contract trading volume tasks will receive one lottery draw opportunity, with a maximum of three draws per user and a 100% winning rate. The total prize pool includes USDT trial funds and limited edition physical prizes such as cigar box sets, golf sets, and poker sets. Detailed rules have been published on the official Bitget platform. Users must click the "Join Now" button to complete registration in order to participate. The event ends at 16:00 (UTC+8) on November 4.
- 08:59Tether holds $135 billion in US Treasury bonds, surpassing South Korea to become the 17th largest holder of US debt.Jinse Finance reported that Tether CEO Paolo Ardoino stated that the stablecoin Tether holds $135 billion in U.S. Treasury bonds. If considered as a country, it would surpass South Korea to become the world's 17th largest holder of U.S. Treasury bonds. Tether's holdings are close to those of Brazil and rank just behind Norway. Japan remains the largest foreign holder of U.S. Treasury bonds, with holdings exceeding $1.1 trillion, followed by the United Kingdom and China.
- 08:59The European Central Bank plans to launch the digital euro in 2029Jinse Finance reported that the European Central Bank plans to launch the digital euro in 2029, and preparations will continue.