1. Goldman Sachs analysts expect the Federal Reserve to implement more rate cuts by the end of the year to provide more attractive investment options.
2. Vice President Kamala Harris supports a cryptocurrency regulatory framework to enhance investment certainty.
U.S. Vice President Kamala Harris has intensified her outreach to Black male voters during her campaign, proposing a series of economic security plans. She promised to provide fully forgivable loans to Black entrepreneurs and groups facing financing barriers, planning to issue 1 million loans of up to $20,000 each. Additionally, Harris stated she would support a regulatory framework for cryptocurrencies to provide investment certainty for 20% of Black Americans who hold or have held digital assets. At the same time, Harris plans to promote the legalization of recreational marijuana and ensure that Black men can create businesses and gain job opportunities in the rapidly growing cannabis industry. She also proposed increasing apprenticeship and employment opportunities and investing in healthcare projects primarily serving Black communities. -Original
3. CoinW President states that centralized exchanges remain key to attracting new users in the crypto industry.
On the afternoon of October 14, at the Future Blockchain Summit held in Dubai, CoinW President Sonia Shaw hosted a fireside chat themed "From Niche to Norm: The Next Mainstream Adoption of Web3." In her speech, Sonia mentioned that while decentralized finance is the ultimate goal for everyone, centralized exchanges are still the main force in attracting new users at present. In the long run, decentralized finance is an inevitable choice for the future, but the current industry still needs regulators and centralized exchanges to explore together, addressing challenges along the way and paving the way for the popularization and innovation of blockchain technology. CoinW will also take this as its mission to continuously inject fresh blood into the industry in a compliant, safe, and reliable manner. -Original
4. U.S. Bitcoin and Ethereum ETFs achieved net inflows of 3,892 BTC and 660 ETH, respectively.
On October 14, the U.S. Bitcoin ETF saw a net inflow of 3,892 BTC, while the Ethereum ETF had a net inflow of 660 ETH. -Original
5. OKX Ventures announces investment in Bitcoin staking platform Solv Protocol to drive innovative staking solutions.
According to official news, OKX Ventures announced an investment in the Bitcoin staking platform Solv Protocol. The Solv Protocol will accelerate product development and expand its innovative Staking Abstraction Layer (SAL) ecosystem, focusing on creating cutting-edge Bitcoin staking solutions that enhance Bitcoin's role beyond value storage, delving into decentralized finance (DeFi) and other application areas. As a leading Bitcoin staking platform, Solv Protocol provides comprehensive solutions through its SAL, aimed at simplifying and standardizing Bitcoin staking across various blockchain ecosystems. SAL allows for the creation of diverse Bitcoin staking assets, providing users with opportunities for staking, re-staking, and DeFi strategies. To date, Solv has launched Babylon LST (SolvBTC.BBN), CoreDAO LST (SolvBTC.Core), and Ethena LST (SolvBTC.ENA). -Original
6. U.S. blockchain concept stocks continue to rise, with companies like MARA seeing gains of over 10%.
7. Bitfinex reports that Bitcoin selling pressure has eased, and market sentiment is becoming optimistic.
Bitfinex Alpha noted that Bitcoin experienced a significant pullback last week, driven by large spot sell-offs, dropping over 11% from a high of $66,587 at the end of September to a low of $58,943 on October 10. However, the selling pressure has eased, and BTC has quickly rebounded. On-chain indicators highlight the importance of the actual price of short-term Bitcoin holders (currently close to $63,000) as a key resistance level. Breaking through this level may signal further bullish momentum, while failing to do so could lead to a retest of lower support levels, potentially near $59,000 or even $55,000. Nevertheless, the market remains in a passive state, and future trends may depend on whether Bitcoin can decisively surpass the realization price of short-term holders. Before that, traders should anticipate potential pullbacks but also prepare for a stronger rebound from lower levels, as the market has potential resilience. -Original
8. Deutsche Bank will provide foreign exchange services to cryptocurrency market maker Keyrock to optimize trading operations.
Deutsche Bank will provide Keyrock with multi-currency accounts and foreign exchange services, enabling the digital asset company to optimize and expand its market-making and over-the-counter trading services. By integrating services into a single entity, Keyrock can reduce its counterparty and settlement risks. -Original
9. Traders have reduced expectations for another significant rate cut by the Federal Reserve before June next year to zero.
After the Federal Reserve cut rates by 50 basis points in September, the federal funds futures market saw the likelihood of a further rate cut of 175 basis points or more by June next year soar to 77%. Traders now believe that the possibility of the Federal Reserve making another significant rate cut during this period has returned to zero. The Federal Reserve's past predictions have been poor. Skeptics, including Wall Street Journal columnist James Mackintosh, point out that there is a wide divergence among Federal Reserve policymakers on where interest rates will ultimately settle. -Original
10. Coinbase will add support for Degen on the Base network, expanding trading services.
11. PancakeSwap burns approximately 8.889 million CAKE, strengthening the token's economic model.
PancakeSwap announced that it has just burned 8,889,897 $CAKE, worth approximately $16 million. The specific fee distribution is as follows: AMM V2 trading fees 173,000 CAKE (about $314,000, down 3%), AMM V3 trading fees 82,000 CAKE (about $149,000, down 42%), non-AMM trading fees (such as perpetual contracts, position management, etc.) 8,328 CAKE (about $15,100), prediction market 57,000 CAKE (about $103,000, down 2%), lottery 27,000 CAKE (about $50,000, down 6%), NFT market 900 CAKE (about $1,700, up 715%). -Original
12. MicroStrategy rises about 6.5% in pre-market trading, leading the upward trend in the cryptocurrency sector.
13. Tether plans to explore providing loans to commodity trading companies to expand its business scope.
According to market news, stablecoin issuer Tether plans to explore providing loans to commodity trading companies. -Original
14. Senator Hagerty's stablecoin bill draft may impact related legislation in 2025.
TD Cowen stated in a report on Monday that Senator Bill Hagerty's bill could serve as a blueprint for stablecoin regulation in 2025. Last week, Hagerty released a legislative discussion draft aimed at establishing a regulatory framework for stablecoins. -Original
The above is a selection of hot topics from the past 24 hours. For faster news, please download AICoin (aicoin.com).
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
