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Stay up to date on the latest crypto trends with our expert, in-depth coverage.
US Jobs data raises odds of three interest rate cuts, but while gold soars, crypto faces uncertainty as recession fears weigh on ETF inflows
The download count of the contaminated software package has exceeded 1 billion, posing a potential risk of indirect spread throughout the entire industry.
Bitcoin and Ethereum fell after Israel’s strike in Qatar. Gold hit record highs, oil spiked, and $52M in crypto longs were liquidated in an hour.
The past, present, and future of the meme launchpad battle.
The future altcoin market may tend towards a "barbell" structure, with one end comprising blue-chip DeFi and infrastructure, and the other end consisting of purely high-risk speculative tokens.
Make gold RWA truly secure and on-chain, rather than just being listed online.
- 17:43Garrett Jin: Trading platforms that take the lead in establishing stable funds will attract capital inflows and drive industry developmentBlockBeats News, October 13, the whale Garrett Jin, who previously made headlines by selling over $4.23 billions worth of BTC to switch positions to ETH, posted that "A deeper issue in the crypto industry is that trading platforms offer high leverage on assets lacking intrinsic value to meet user demand and increase profits. Such high leverage previously only existed in the forex market, where underlying assets have value support, lower volatility, and liquidity is provided by banks." If trading platforms continue to offer extremely high leverage, they should at least establish mechanisms similar to stabilization funds, as in the US stock market, to provide liquidity support during crises. Only in this way can trust be rebuilt, capital be attracted to return, and healthy market development be promoted. The crash on October 11 once again proved that under extreme volatility, the market is in urgent need of liquidity support. Trading platforms that take the lead in establishing stabilization funds will not only attract capital inflows but also drive the entire industry forward."
- 17:42Europe's largest asset management company Amundi to enter the crypto ETF marketBlockBeats News, October 13, according to market sources, Europe's largest asset management company Amundi (with assets under management of 2.3 trillion euros) will enter the crypto ETF market.
- 17:42"BTC OG whale" increases BTC short positions to $346 million, with a liquidation price of $130,400BlockBeats News, on October 13, according to on-chain analyst Ai Aunt (@ai_9684xtpa), the "BTC OG whale" has increased their BTC short positions to 346 millions USD, with the latest average opening price at 116,000.9 USD and a liquidation price of 130,451.7 USD.