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The U.S. government shutdown continues, Bitcoin price rebounds; Meteora founder accused of token manipulation; Hyperliquid Strategies plans to raise 1 billion USD; Tesla’s Bitcoin holdings have yielded an 80 million USD profit; crypto industry leaders discuss regulatory legislation. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
- 07:22Analyst: Ongoing US government shutdown and geopolitical tensions push gold prices back above $4,100BlockBeats News, October 23, spot gold rose again at the end of the Asian session, returning above $4,100. The ongoing U.S. government shutdown and heightened geopolitical tensions have pushed gold prices higher, while expectations of further interest rate cuts by the Federal Reserve have also provided support for gold prices. Traders will closely monitor changes in trade conditions. Previously, gold experienced heavy selling due to easing trade tensions and renewed demand for the U.S. dollar. Russell Shor, Senior Market Analyst at Tradu.com, stated that this round of selling appears to be mainly a technical adjustment, as gold prices have been in an overbought state since September and investors are taking profits. Despite the pullback, gold prices have still risen by about 55% so far this year, and the long-term primary uptrend remains intact. Profit-taking before the release of Friday's CPI data is also one of the reasons for the sell-off in gold. Due to the U.S. government shutdown, economic data releases have been halted, making the upcoming U.S. September CPI inflation data on Friday highly anticipated. If the data comes in higher than expected, it could boost the U.S. dollar in the short term and put pressure on gold prices. (Golden Ten Data)
- 07:15Data: Whale inflows to a certain exchange reached $5.56 billions in the past 30 daysAccording to ChainCatcher, CryptoQuant analyst Maartunn has monitored that in the past 30 days, whale inflows of transactions exceeding 1,000 BTC into a certain exchange have reached $5.56 billions. This metric is used to track significant whale capital inflows, which have a major impact on bitcoin price trends. Data shows there have been notable peaks in capital inflows, with total inflows reaching $1.07 billions, including the following large transactions: 04:00: $43.74 million, 08:00: $21.63 million + $162.24 million, 10:00: $143.77 million + $323.43 million, 17:00: $39.45 million, 18:00: $336.95 million. On that day, the price of bitcoin rose from $108,000 to $113,000, then fell back to $108,000, indicating that these large capital movements may have had a direct impact on price volatility.
- 07:04Ba Shusong: The rise in Bitcoin and gold prices is closely related to the process of de-dollarization.Jinse Finance reported that Ba Shusong, Managing Director and Chief China Economist of the Hong Kong Stock Exchange, stated at the 2025 Hong Kong Stock Exchange China Opportunity Forum that the rise in gold and bitcoin prices reflects deep concerns over the declining purchasing power of fiat currencies and is closely related to the process of de-dollarization. The proportion of the US dollar in global reserves has dropped from 60% in 2000 to 41% in 2025. Currently, the total global market value of gold has exceeded 27 trillion US dollars, making it the world's second-largest reserve asset.