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These dizzying changes have generated billions of dollars in profits for the industry, while also bringing increased risks for investors and regulators.
![[Bitpush Weekly Web3 News Highlights] The UK and the US establish a special task force to explore cooperation on digital asset regulation; Bloomberg: Tether plans to raise $20 billion, reaching a valuation of $500 billion; Vitalik says the Fusaka upgrade will drive Ethereum scaling.](https://img.bgstatic.com/multiLang/image/social/f41f7db2f1e91a55956b2eda58f5a3211759020661027.png)
Grayscale’s spot XRP ETF awaits a decision on October 18, marking a major moment for Ripple and crypto ETF developments in the U.S.What’s Happening with Grayscale’s XRP ETF?Why This Decision MattersRipple Effect on the Crypto Market
Bitcoin needs just a 1.26% move to liquidate $3B in shorts, setting the stage for a major short squeeze.Bitcoin on the Brink of Massive Short SqueezeWhat’s Behind the $3B in Shorts?What Traders Should Expect Next
Vanguard may launch crypto ETFs, including Bitcoin, signaling a major shift in traditional finance's view on digital assets.TradFi Titan Vanguard Eyes Crypto ETF LaunchWhy Vanguard’s Move MattersWill This Push Other TradFi Giants Further Into Crypto?
- 03:44In the past 24 hours, SATS saw $29.69 million in liquidations, while XPL saw $27.22 million in liquidations.According to Jinse Finance, data shows that in the past 24 hours, the total liquidations across the network reached $165 million, with long positions liquidated for $103 million and short positions for $61.3773 million. The majority were long liquidations, including $29.6924 million in SATS liquidations and $27.2249 million in XPL liquidations.
- 03:30Aster's fee revenue reached nearly $70 million in the past 7 days, ranking second among all protocol fee revenues globally.According to Jinse Finance, data from DeFiLlama shows that Aster's fee revenue reached $69.56 millions over the past seven days, surpassing Circle ($53.97 millions) and Uniswap ($32.46 millions), ranking second in protocol fee revenue across the network, second only to Tether.
- 03:10RootData: XION will unlock tokens worth approximately $1.22 million in one weekChainCatcher News, according to token unlocking data from the Web3 asset data platform RootData, XION (XION) will unlock approximately 1.68 million tokens at 10:00 on October 5th (GMT+8), with a value of about $1.22 million.