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Wattlet's vision is to make electricity not just a consumed energy, but a digital asset that can be held, allocated, and traded.
In Brief Bitwise filed for an ETF based on Hyperliquid's HYPE coin with the SEC. SEC delayed decisions on several other altcoin ETF applications. The cautious SEC approach fosters market uncertainty amid rising ETF applications.
Ethereum shows signs of a bottom with record-low RSI and funding. A sharp rebound could be next.Funding Rates Turn Deeply NegativeWhy Traders Are Going Long
TOTAL2 retests key support as altcoin market shows strength. Macro outlook remains positive despite short-term volatility.2024 ATH Retest: Natural Market BehaviorMacro Outlook: Still Bullish
Ethereum may dip to $3600 before a major rally. A new ATH is likely in late October.Retest Indicates Bottoming OutOctober Could Bring a New All-Time High
- 10:28Moody's: Rising Cryptocurrency Adoption in Emerging Markets Poses Risks to Financial ResilienceJinse Finance reported that credit rating giant Moody's stated in a new report that the adoption of cryptocurrencies in emerging markets poses risks to monetary sovereignty and financial resilience. Moody's pointed out that if the penetration rate of stablecoins pegged to the US dollar continues to rise, leading to more market pricing and settlement activities being conducted outside of local currencies, it will weaken the effectiveness of monetary policy transmission. The report shows that as of 2024, the estimated number of cryptocurrency holders has increased to 562 million, a 33% increase compared to 2023.
- 10:25Fundstrat: If the Federal Reserve only cuts rates once, the market will remain strongChainCatcher news, according to Golden Ten Data, Fundstrat co-founder Tom Lee stated that although the market is currently pricing in two rate cuts by the Federal Reserve this year, implementing only one rate cut may not necessarily be a bearish signal. He pointed out that the market would interpret this move positively, believing that it is more ideal for the central bank to cut rates when the economy is strong. As initial jobless claims came in lower than expected, market participants have slightly lowered their expectations for Fed rate cuts. Lee emphasized the need for caution, suggesting that the central bank's easing policy should be initiated earlier.
- 10:11Canary has submitted an updated version of its spot Solana ETF S-1 filing.On September 26, according to documents submitted to the US SEC, Canary has filed an updated version of its spot Solana ETF S-1 application.