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1Bitget Daily Digest（October 11）｜Trump Announces 100% Tariffs on China, Triggering Market Turmoil; Crypto Industry Liquidations Exceed $19.1 Billion in 24 Hours, Setting New Record.2Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist3US–China Tariff Fears Hit Bitcoin Treasury Stocks
SEC and CFTC May Discuss Aligned Crypto Rules With Potential Implications for Bitcoin Markets
Coinotag·2025/09/06 05:35
Bitcoin Could Lack Fundamental Reason to Reach Cycle High in Q4 2025, Analyst PlanC Says
Coinotag·2025/09/06 05:35
Litecoin Banter With Benjamin Cowen May Prompt Renewed Trader Interest Amid ETF Filing Activity
Coinotag·2025/09/06 05:35
SEC & CFTC Propose 24/7 Crypto Trading for U.S. Markets
Cryptotale·2025/09/06 05:15
Hashflow’s Declines 9.3% to $0.08651, Holding $0.08592 Support as $0.09536 Resistance Caps Recovery
Cryptonewsland·2025/09/06 05:10
XRP Struggles Within $2.82–$2.88 Range as Traders Eye Key Resistance Levels
Cryptonewsland·2025/09/06 05:10
SEI Technical Update: Critical Levels at $0.27, $0.308, and $0.258
Cryptonewsland·2025/09/06 05:10
Here’s how a weak jobs report could spell gains for crypto
CryptoSlate·2025/09/06 05:00
Flash
- 05:56As of October 9th, Eastern Time, the total circulating supply of USDC has increased by approximately 1.3 billion compared to a week ago.According to Jinse Finance, citing official data from Circle, from October 3 to October 9 Eastern Time, Circle issued approximately 6.8 billion USDC and redeemed about 5.5 billion USDC, resulting in a net increase of around 1.3 billion USDC in circulation. As of October 9, the total USDC in circulation was about 75.5 billion, with reserves of approximately 75.6 billion US dollars.
- 05:14Vitalik expresses respect for companies or individuals who adhere to Bitcoin maximalism.Jinse Finance reported that according to a post by Ethereum co-founder Vitalik Buterin on social media platform X, he expressed respect for those who firmly uphold the Bitcoin stance. Vitalik pointed out: "Not every business should try to attract as many customers as possible under the banner of 'not pursuing extremes.' We need those who are unwavering, who deeply believe in their cause and tribe, and who see their work as an act of love for their tribe." This comment was in response to a tweet about the American fast-food chain Steak'n Shake suspending voting and stating "We stand with Bitcoin users."
- 04:46Silver Soars Above $50 as Liquidity Crisis Hits London MarketJinse Finance reported that the current price of silver has risen above $50 per ounce, causing chaos in the London silver market. A massive short squeeze has almost completely drained market liquidity. Traders pointed out that any spot silver short sellers are finding it difficult to source silver, forcing them to pay high borrowing costs to roll over their positions. Some dealers have even booked cargo space on transatlantic flights to transport large silver bars, a costly shipping method usually reserved for more valuable gold. Anant Jatia, Chief Investment Officer of commodity hedge fund Greenland Investment Management, stated that he has never seen a market situation like this before, with no available liquidity for silver at present. This unprecedented situation has caused the premium of the London silver market over the New York market to rise from the usual about 3 cents to over 20 cents. Robert Gottlieb, Managing Director at JPMorgan, pointed out that banks are now unwilling to quote prices to each other, resulting in huge spreads, which is also the reason for the lack of liquidity. (Golden Ten Data)