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After softening its stance on cryptocurrencies, the new chairman of the US SEC is promoting a "minimum effective dosage" regulatory philosophy. This not only echoes Trump’s pro-business policies, but also includes plans to eliminate mandatory quarterly reports and allow companies to use semi-annual reports instead.






Pakistan's Prime Minister says crypto and AI are key tools for the country’s digital future.Crypto and AI Recognized at the TopA New Digital Vision for PakistanWhat It Means for Crypto in the Region

From "Estée Lauder's son-in-law" to "Trump loyalist," how might the crypto stance of potential successors impact the market?

This week's key news highlights from September 29 to October 5.
- 06:28A Hyperliquid user holds a short position of 7.969 million PUMP, currently with an unrealized loss of $13.61 million.Jinse Finance reported, according to on-chain analyst Ai Aunt (@ai_9684xtpa), that the Hyperliquid user with the largest current PUMP short position has an unrealized loss of $13.61 million. This address holds a 5x short position of 7.969 million PUMP (approximately $44.2 million), with an entry price of $0.003838 and a liquidation price of $0.007231. The funding fee received so far amounts to $1.44 million. Despite the significant unrealized loss on this trade, the account has still accumulated a total profit of $9.57 million since October 2024.
- 06:26Citi: Driven by cyclical and structural factors, gold and silver may continue their upward trendJinse Finance reported that Citi Research analysts stated that, driven by both cyclical and structural factors, gold and silver may continue their upward trend. Structural bullish factors include concerns about US debt, the US dollar's status as a reserve currency, and the independence of the Federal Reserve. Cyclical favorable factors include the continued weakness in the US labor market, concerns about the impact of tariffs, and broader worries about global economic growth. Due to strong demand from the solar photovoltaic market, silver remains in a persistent state of physical shortage. Citi has raised its three-month forecast for gold from $3,800 per ounce to $4,000 per ounce, and for silver from $45.00 per ounce to $55.00 per ounce.
- 06:15Bitget launches dual events: FF contract new coin and CandyBomb, trade to unlock token airdropsChainCatcher news, Bitget has launched a dual event featuring FF contract new coins and CandyBomb. During the contract new coin event, users can unlock airdrop tokens by completing specified trading tasks. The event includes a "Newcomer Leaderboard" and a "Ranking Competition," with a maximum individual reward of 30,000 FF and a total prize pool of 400,000 FF. The event ends at 12:00 (UTC+8) on October 7. In addition, users can participate in CandyBomb, where completing specific contract trading volume tasks unlocks airdrop rewards. The maximum individual reward is 1,000 FF, with a total prize pool of 300,000 FF. The event ends at 22:30 (UTC+8) on October 6. Detailed rules have been published on the official Bitget platform. Users must click the "Join Now" button to complete registration and participate in the event.