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Bitcoin only needs a 15% move upward to liquidate $17B in shorts, setting the stage for a potential explosive short squeeze.$17 Billion in Shorts at Risk as BTC Nears Critical LevelWhy the Market Is Watching CloselyIs a Short Squeeze Imminent?

Steak 'n Shake cuts 50% in fees by accepting Bitcoin globally. A major step forward in crypto adoption!Bitcoin Cuts Fees for Steak ‘n ShakeWhy This Matters for CryptoWhat’s Next?

SEC Chair Paul Atkins says the U.S. is 10 years behind in crypto regulation, calling it the agency’s top priority moving forward.SEC Chair: Catching Up on Crypto Is ‘Job One’Regulatory Delay Costs the U.S. LeadershipWhat This Could Mean for the Industry
- 07:37The daily trading volume of the Chinese decentralized contract exchange Sun Wukong reached 86 million USDT, with liquidity depth increasing up to threefold.ChainCatcher news, according to official social media sources, on October 17, the world's first Chinese decentralized contract exchange Sun Wukong once again set new records in various metrics. The number of new users in a single day exceeded 3,000, daily trading volume reached 86 million USDT, and daily new capital inflow amounted to 25 million USDT. In addition, the platform's depth continues to improve: BTC's 0.1% depth increased by 330%, 0.5% depth increased by 288%, and 1% depth increased by 156%; ETH's 0.1% depth increased by 264%, 0.5% depth increased by 210%, and 1% depth increased by 150%.
- 06:56Decentralized talent network TradeTalent completes $8 million financingChainCatcher news, the AI-verified decentralized talent network TradeTalent has completed an $8 million financing round, led by Nasdaq-listed company Allied Gaming & Entertainment and technology engineering firm Hicop Engineering Pte. Ltd. The funds will be used to strengthen AI skill verification capabilities, expand the global enterprise and talent network, and further integrate and optimize the platform's trustless infrastructure. . Risk Warning
- 06:44Jay Chou has deleted social media posts related to "looking for friends to invest in Bitcoin together"ChainCatcher news, Jay Chou's friend disappeared after investing over 100 millions RMB worth of BTC on his behalf, prompting Jay Chou to warn, "If you don't show up, you're finished." Subsequently, Cai Weize responded that he would "temporarily stop using social media." Taiwanese media revealed that the two are suspected to be involved in a financial dispute involving over 100 millions New Taiwan Dollars. Cai Weize was entrusted to manage an account and invest in bitcoin for Jay Chou, but claimed a year ago that the account was locked for some reason and has yet to return the assets. Jay Chou privately messaged him but received no reply, leaving him with no choice but to take this action. However, community users noticed that Jay Chou has deleted the related post from his Instagram, but has unfollowed Cai Weize.