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1Bitget Daily Digest（October 20）｜CFTC Crypto Regulation Consultation Deadline; STBL Launches $100M USST Minting; Polymarket Bets US Gov't Shutdown Lasts Beyond November2Here are Dogecoin’s key price levels to watch as DOGE set to rebound3Bitcoin falls below $110,000, is the market turning bearish?
Chainlink Eyes $100 After S&P Global Collaboration Boosts Investor Optimism
Cryptonewsland·2025/10/20 11:15
Ethereum Eyes a Comeback as Open Interest Soars to $46.8 Billion
Cryptonewsland·2025/10/20 11:15
HMRC Intensifies Crypto Tax Crackdown with 65,000 Warning Letters Sent to UK Investors
Cryptonewsland·2025/10/20 11:15
Walmart Now Accepts Crypto Payments in BTC, ETH, and XRP via OnePay Cash
Cryptonewsland·2025/10/20 11:15
U.S. Lawmakers to Host Crypto Roundtable as Democrats Seek Way Forward on Digital Asset Legislation
Cryptonewsland·2025/10/20 11:15
Andrew Cuomo Eyes Blockchain Future for NYC
Cuomo proposes a Chief Innovation Officer to lead NYC’s push into blockchain and AI, aiming to make the city a global crypto hub.Cuomo’s Tech Vision for New York CityChief Innovation Officer: Driving the Blockchain AgendaMaking NYC a Global Crypto Hub
Coinomedia·2025/10/20 11:15
Top Crypto Execs to Meet Senate Democrats on Regulation
Coinbase, Chainlink, Galaxy, and others to meet Senate Democrats Wednesday to discuss crypto market structure legislation.Crypto Leaders Head to Capitol HillShaping the Future of Crypto RegulationWhy This Meeting Matters
Coinomedia·2025/10/20 11:15
Bitcoin ETFs See $1.23B Outflow, Second-Largest Ever
US spot Bitcoin ETFs saw $1.23B in outflows last week, the second-largest to date. Ethereum ETFs followed with $311.8M in outflows.Massive Capital Exit Hits Bitcoin and Ethereum ETFsInvestor Sentiment Shifting Amid Market UncertaintyWhat This Could Mean for the Market
Coinomedia·2025/10/20 11:15
Why Bitcoin Remains the Best Asset Today
Bitcoin continues to outshine traditional assets, offering unmatched value, security, and global potential.Bitcoin Stands Apart in the Modern Investment WorldA Hedge Against Inflation and UncertaintyThe Future Is Digital — and Bitcoin Leads the Way
Coinomedia·2025/10/20 11:15
Ripple CTO Weighs In on Jack Dorsey’s 'Bitcoin Is Not Crypto' Remark
CryptoNewsNet·2025/10/20 11:03
Flash
- 11:22BlockSec Phalcon: SharwaFinance attacked, attacker profits approximately $146,000Foresight News reported, according to monitoring by BlockSec Phalcon, that the decentralized finance protocol SharwaFinance claimed to have been attacked and suspended its services. However, several hours later, some suspicious transactions occurred again, possibly exploiting the same underlying issue. The attacker first created a margin account, then conducted leveraged lending using the provided collateral, and finally executed a sandwich attack on the swap operation involving the borrowed assets. The root cause appears to be that the swap() function of the MarginTrading contract lacks bankruptcy checks. This function only verifies solvency based on the account status before executing the asset swap, leaving room for manipulation during the process. The two attackers made a total profit of approximately $146,000, with attacker 1 (0xd356...c08) earning about $61,000 through multiple attacks, and attacker 2 (0xaa24...795) earning about $85,000 through a single attack.
- 11:10Société Générale: A mild recession in the US would lead to a weaker dollarAccording to ChainCatcher, citing Golden Ten Data, Société Générale strategist Kit Juckes pointed out that the U.S. economy faces the risk of slipping into a mild recession, which could trigger larger rate cuts and lead to a weaker dollar. He stated that slowing growth and high U.S. stock valuations could repeat the mild recession scenario of 2001. Juckes warned: "If concerns about inflation, economic growth, asset valuations, and market bubbles ultimately tip the balance and cause the economy to slide into recession, then the declines in both interest rates and the dollar could far exceed our expectations."
- 11:04The Hong Kong SFC supports market-driven regulatory compliance for digital asset funds and tokenized funds.Jinse Finance reported that the Hong Kong Securities and Futures Commission (SFC) expressed its support for promoting regulatory compliance in the market at a seminar held last week by the Hong Kong and Greater Bay Area Fund Administrators Association. The seminar aimed to enhance the industry's awareness of regulatory compliance standards in the rapidly developing digital asset sector. Dr. Yip Chi-hang, Executive Director of the Intermediaries Division of the Hong Kong SFC, delivered a keynote speech at the seminar. During the event, the Hong Kong and Greater Bay Area Fund Administrators Association discussed various risk management and monitoring measures to support the management of digital asset funds and tokenized funds. Notably, the discussion emphasized the importance of internal cooperation within the fund industry to strengthen the adoption of innovative technologies in fund management, while also enhancing technical and regulatory compliance capabilities related to digital assets. Dr. Yip stated: "The SFC is committed to raising professional standards and fostering mutual trust in the digital asset market. By supporting industry participants in their ongoing efforts to comply with regulatory requirements for managing digital asset funds and tokenized funds, we aim to establish a safe, reliable, sustainable, and competitive digital asset fund ecosystem based on robust risk management and investor protection."