News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
KYC Progress and Anticipation for v23 Upgrade Fuel Investor Optimism, Driving PI's Remarkable Rise
An Unexpected $1.2 Billion Reward for Early USD1 Points Program Participants: Will this Massive Airdrop Impact WLFI's Market Momentum?
U.S. President Trump has approved the demolition of the White House East Wing to build a large banquet hall funded by private donors, including Trump himself and several companies from the technology, defense, and crypto industries. This move has sparked controversy and criticism for allegedly using power to raise funds. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
The Federal Reserve has cut interest rates by another 25 basis points and announced the end of quantitative tightening in December. During the press conference, Powell emphasized the necessity of "slowing the pace of rate cuts," prompting the market to quickly adjust its expectations and causing risk assets to decline across the board.
This amount is nearly twice the maximum SPAC Fairshake invested in 2024, and slightly exceeds the total spending of the entire oil and gas industry in the previous election cycle.
- 02:02Renowned analyst: Ethereum consolidation phase will last until the end of November, may accelerate upward in DecemberJinse Finance reported that well-known crypto analyst @IamCryptoWolf posted on X, stating that ETH is undergoing an expanding wedge retest, with previous resistance now serving as solid support. November appears to be a period of steady consolidation, with a potential breakout at the end of the month and accelerated gains in December. @IamCryptoWolf has been sharing his analysis on Tradingview since 2014 and currently has 113,000 followers on X.
- 01:47River Public Offering Sold Out: Total Subscription Reaches 2,908 BNB, River Pts Surge 40% in a Short TimeAccording to ChainCatcher, the River Pts public auction launched by River on the evening of October 29 was sold out in just 2.5 hours, far ahead of the originally scheduled 48-hour auction period. The total quota of 50 million River Pts attracted subscriptions totaling 2,908 BNB (approximately $3.2 million), with the final transaction price at 0.0000447 BNB per token (about $0.048). All participants will settle at the lowest auction price, and any excess will be automatically refunded. At the end of the auction, the price of River Pts on DEX surged by 40% (from $0.034 to $0.048), with short-term trading volume exceeding $2.2 million. Meanwhile, the price of the RIVER token also climbed to $8.3, with market enthusiasm continuing to heat up.
- 01:41Chairman of the Hong Kong Securities and Futures Commission: Plans to provide guidelines for digital asset treasuries and study the issue of listed companies purchasing bitcoinChainCatcher news, according to Wen Wei Po, Hong Kong Securities and Futures Commission Chairman Huang Tianyou stated yesterday that there are currently no regulations in Hong Kong governing listed companies' participation in cryptocurrency investments. He added that the SFC will continue to monitor the market situation and will consider providing relevant guidance for the market in the future. Huang Tianyou further noted that there is currently no legislation in Hong Kong regulating listed companies' involvement in virtual asset treasury arrangements. Regarding listed companies claiming to adopt Digital Asset Treasury (DAT), Huang Tianyou urged investors to carefully understand what DAT is and the actual value behind it. He also mentioned that the SFC will study the issue of listed companies purchasing bitcoin.