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Stocks of leading companies such as Apple and Microsoft will be able to be traded and settled on Nasdaq in the form of blockchain tokens in the future.
Quick Take Summary is AI generated, newsroom reviewed. Jim Cramer says September is “normally weak” for markets, sparking XRP price speculation. Crypto Twitter predicts XRP hitting $5, requiring a 78% surge from its current $2.81. Historical data shows no guaranteed September crash—average S&P 500 decline is modest. XRP’s legal status remains unsettled due to SEC lawsuit since 2020.References Reference on X
Eightco Holdings announced that it will implement a "first-of-its-kind" strategy to purchase Worldcoin, and has currently raised approximately 270 million USD in funds.
Shiba Inu (SHIB) is trading at $0.00001282, up 4.1% weekly, but recent whale profit-taking muted its bullish breakout. While sellers capped gains, SHIB’s breakout structure remains intact. The Money Flow Index is curling upward, hinting at dip buying, but a push above $0.00001597 is needed to revive strong momentum.
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USDm aims to standardize the network incentive mechanism, enabling MegaETH to operate the sequencer at cost, providing users and developers with the lowest possible transaction fees.
MegaETH is officially launching USDm, a native stablecoin designed to support various innovative applications on MegaETH.
Meme Launchpad Wars: Past, Present, and Future
MYX Finance’s token skyrocketed past 200% with record trading activity, but technicals warn of a looming reversal as skepticism mounts.
- 06:55Fast food chain Steak 'N Shake suspends plan to accept ETH payments due to opposition from the Bitcoin communityAccording to Jinse Finance, as disclosed by Cointelegraph, fast-food chain Steak'N Shake has quickly abandoned its plan to accept ETH payments following strong opposition from the Bitcoin community. The chain suspended the related vote within hours and stated, "We are loyal to Bitcoin supporters." Previously, Steak'N Shake had announced that it would accept Bitcoin payments starting from May 16, 2025.
- 06:24UK-listed company The Smarter Web Company announces the purchase of an additional 100 bitcoins, bringing its total holdings to 2,650 bitcoins.ChainCatcher News, according to the official announcement, the UK-listed company The Smarter Web Company has increased its holdings by 100 bitcoins, bringing its total holdings to 2,650 bitcoins.
- 06:244E: Institutions Continue to Accumulate, Bitcoin Market May Enter a New CycleOctober 13 news, according to 4E observation, MARA Holdings bought another 400 BTC through FalconX two hours ago, with a transaction amount of approximately $46.31 million. The current cumulative holdings have reached 52,850 BTC, with a total value of about $6.12 billion at current prices. Meanwhile, Strategy founder Michael Saylor once again released Bitcoin Tracker information, and the market expects that his company may disclose a new round of increased holdings this week. On the macro level, the risk of a U.S. government shutdown remains as high as 96%, but the market generally expects the Federal Reserve to cut interest rates by 25 basis points in October (probability 98.3%). Federal Reserve Chairman Powell and several governors will deliver intensive speeches this week, while the delayed release of economic data is intensifying market expectations for policy easing. In terms of precious metals, the spot gold price once rose to $4,060 per ounce, hitting a new all-time high. At the same time, Glassnode data shows that the crypto market funding rate has dropped to the lowest level since the 2022 bear market, indicating that leverage has been systematically cleared and market volatility has significantly decreased. Market opinions are diverging: trader Alex Becker pointed out that this plunge may mark the early stage of a bull market; Jan3 founder Samson Mow also believes that Bitcoin is about to start a new upward cycle. In addition, Forbes reported that U.S. President Trump may be one of the largest individual Bitcoin investors in the United States, indirectly holding about $870 million in BTC through his holding company TMTG. 4E reminds investors: signals of deleveraging and institutional accumulation are strengthening, and Bitcoin may be at the starting point of a new cycle after a mid-term adjustment. Macro and political events may become key catalysts for the market going forward.