News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Since the Penpie $PNP IDO launch, its price once surged 5x. Riding on this momentum, Magpie announced it will continue to launch the "Convex" for Radiant $RDNT—Radpie—in the subDAO model. With multiple narratives supporting it, will Radpie be able to replicate or even surpass the returns of PNP?
Amidst a Favorable Regulatory Climate, Canary Capital Advances in the Crypto ETF Space with Litecoin and HBAR Filings
Final Allocations to be Determined by Community Engagement Metrics, Following Rapid Oversubscription
Whale Sparks Market Activity by Withdrawing Over a Billion Tokens as Pump.fun's Buybacks Surpass $150 Million
Unveiling Arc: A New Blockchain Utilizing USDC as Native Gas Token with Major Tech and Financial Giants in the Testing Phase
Enhancing Institutional Yields through Combined Staking and Restaking Services in Linea's zkEVM Layer 2
S&P Global has assigned a "B-" credit rating to bitcoin treasury company Strategy, classifying it as junk debt but with a stable outlook. The Federal Reserve is expected to cut interest rates by 25 basis points, with a possible split in the voting. The Hong Kong Securities and Futures Commission has launched a tender for a virtual asset trading monitoring system. Citi is partnering with Coinbase to explore stablecoin payment solutions. ZEC surged significantly due to halving and privacy topics. Summary generated by Mars AI. The accuracy and completeness of this summary are still being refined and updated by the Mars AI model.
Key indicators (4:00 PM Hong Kong time on October 6 -> 4:00 PM Hong Kong time on October 27): BTC/USD -6.4...
- 02:18Federal Reserve voting members have differing expectations on future interest rate cutsJinse Finance reported that this year's Federal Reserve voting members have shown a "three-way split" regarding future interest rates. Some officials, such as Milan, support a 50 basis point rate cut in October, while Powell pointed out that economic data is stronger than expected and emphasized the need for caution. Waller and Bowman both support two more rate cuts before the end of the year. In contrast, Musalem and Schmid are cautious about further rate cuts, believing that inflation risks need to be monitored. (Golden Ten Data)
- 02:15"Steady ETH Swing Trader" Shorts ETH with Nearly $40 Million Position, Achieving Over 80% Monthly Win Rate in Swing TradesBlockBeats News, October 28, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot) monitoring, in the past 3 hours, a whale address starting with 0x4e8 newly opened a 4x leveraged ETH short position, with an average entry price of $4,100. The notional value of the position reached $39.47 million, with a current unrealized profit of about $200,000, and a take-profit order placed at $4,060. This address has remained active recently after depositing $7 million on October 12, with the principal now steadily increased to $10.06 million. The user often opens positions with full margin, uses low leverage to capture ETH's intraday deterministic pullbacks, and prefers right-side trading. The average holding time is about 12 hours, with weekly profits reaching $2.2 million, a monthly win rate of over 80%, and weekly trading volume of $518 million.
- 02:15DeepThink from a certain exchange: Multiple macro events will hit this week, with easing China-US trade tensions and expectations of monetary easing strengthening bullish sentiment.BlockBeats News, October 28 — DeepThink columnist and exchange Research analyst Chloe (@ChloeTalk1) pointed out that this week’s overlapping macro events may constitute the most influential market cycle of the year. During the ASEAN Summit in Malaysia, China and the US reached a trade "framework," including measures such as postponing China’s rare earth export restrictions and suspending the 100% tariff on Chinese goods. The easing of trade tensions has driven up Asia-Pacific stock markets and strengthened risk appetite. In addition, due to the data vacuum caused by the US government shutdown, the market expects the Federal Reserve to cut interest rates by another 25 basis points at the October 28-29 meeting. The European Central Bank and the Bank of Japan will also announce interest rate decisions this week, further strengthening global easing expectations. Meanwhile, tech giants such as Microsoft, Alphabet, Meta, Apple, and Amazon will release their earnings reports this week, with AI investment and profit expectations becoming the focus of attention. In the crypto market, data from CoinGlass and Deribit shows that the total open interest in bitcoin options has reached $63 billion, with Deribit accounting for 80% of the total. The main positions are concentrated in the high strike price range of $120,000 to $140,000. Overall sentiment is bullish, but options nearing expiration may bring short-term volatility. Chloe pointed out that the easing of China-US trade tensions and global easing expectations are jointly strengthening bullish sentiment, while the AI narrative and high-level options positions are adding new volatility factors to the market.
Trending news
More"Steady ETH Swing Trader" Shorts ETH with Nearly $40 Million Position, Achieving Over 80% Monthly Win Rate in Swing Trades
DeepThink from a certain exchange: Multiple macro events will hit this week, with easing China-US trade tensions and expectations of monetary easing strengthening bullish sentiment.