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In Brief Crypto market sees abrupt sell-off, with altcoins severely affected. Bitcoin shows relative strength, boosting its market share. Investors adopt cautious strategies, watching key indicators closely.
In Brief Hyperliquid's HIP-3 upgrade enables developers to launch perpetual futures markets. HYPE token's value has surged, enhancing its market impact and interest. Recent substantial liquidations underline the volatile crypto environment and potential challenges.
In Brief SNX coin surged over 120%, reaching above $2.20, in a significant market rally. The rally stems from upcoming Ethereum mainnet launches and trading competitions. "Dino coins" like SNX could regain prominence in upcoming financial cycles.
- 16:43BNB Chain and Four Meme jointly launch a $45 million airdrop event for users who suffered trading losses in the past weekForesight News reported that BNB Chain and Four Meme have jointly launched a $45 million Reload airdrop campaign, aiming to distribute BNB to over 160,000 users/addresses who traded Memecoin and suffered losses in the past week. The amount of BNB airdropped will be distributed randomly, with the first batch of airdrops starting this week. The distribution to all 160,000+ addresses is expected to be completed by early November 2025. According to the official statement, this initiative is intended to assist users who traded Memecoin and incurred losses during recent market volatility.
- 16:43CME launches SOL and XRP options tradingForesight News reported, according to Solid Intel, that the Chicago Mercantile Exchange (CME) has launched options trading services for SOL and XRP.
- 16:42Flying Tulip discloses public offering details, covering multiple chains and four rounds of salesForesight News reported that Flying Tulip has officially disclosed the details of its public fundraising, including a detailed breakdown of the steps. The process consists of Early Access, Supporter Whitelist, Intent Whitelist, and Open Public rounds. The fundraising terms are the same for each round, and multiple chains are supported, including Ethereum, Avalanche, Sonic, Base, BSC, and Solana. All rounds share the same terms, with network caps and allocation mechanisms set to manage risk.