News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitget Daily Digest(October 16)|SEC to Introduce Innovative Exemption Mechanism by End of 2025; Japan Plans Legislation to Ban Crypto Insider Trading; Aptos Partners with Reliance Jio to Launch Blockc2Chainlink holds 63% oracle market share as LINK price tests resistance3Top 3 Altcoins for November Gains: Experts Highlight ETH, ADA, and LINK
Flash
- 21:27US regional banking crisis resurfaces as Zions Bancorp records a $50 million impairmentChainCatcher news, according to Golden Ten Data, a new crisis has emerged among regional banks in the United States, dragging down bank stock prices sharply. Zions Bancorp's stock price once fell by 15%, after the company disclosed that its wholly-owned subsidiary, California Bank & Trust in San Diego, had set aside a $50 million impairment charge for a loan it underwrote. Western Alliance Bancorp's stock price once dropped by 13%. Affected by this news, the KBW Bank Index in the US stock market closed down 3.6%.
- 21:12Federal Reserve Governor Milan: The negative impact of tariffs has not come close to what people predictedJinse Finance reported that Federal Reserve Governor Milan stated that the negative impact of tariffs has not reached the levels predicted, and he does not believe that tariff costs will be passed on to consumers; artificial intelligence has the potential to improve productivity growth.
- 21:12Wall Street Fear and Greed Index drops to 23Jinse Finance reported that the Wall Street Fear and Greed Index (after the US market close) dropped to 23, marking the first time it has fallen into the extreme fear zone since the end of April. At the beginning of the US session, it was at 35.