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  • 03:44
    Orbital Report: Retail Market Interest in Stablecoins Cools Down, but Real Payment Volume Surges
    Jinse Finance reported that Orbital, a payment orchestration platform bridging stablecoins and traditional payment channels, has released its Q3 Stablecoin Retail Payments Index Brief. The index data is sourced from Artemis and primarily tracks "the speed and quality of stablecoin adoption in the retail payments sector." The core findings of the report are as follows: Deposits hit a record high of $7 billion after Plasma went live; BSC remains the leader in retail transfers but its growth has slowed by 50%; Aptos stabilized after a surge in Q2 but maintains a high transaction baseline; The stablecoin retail market has cooled down, but real payment volume continues to grow.
  • 03:44
    Data: Bitcoin long-term holders have sold 371,584 BTC since July
    According to Jinse Finance, on-chain analyst @ali_charts has monitored that long-term Bitcoin holders are currently at a peak of selling, having sold 371,584 BTC since July.
  • 03:42
    Bitcoin miner Bitdeer reports Q3 net loss of $266.7 million, stock price plunges 20%
    ChainCatcher News, according to Decrypt, Bitcoin miner Bitdeer Technology Group (NASDAQ: BTDR) reported a net loss of $266.7 million in the third quarter, a 422% decrease compared to the same period last year, with overall performance falling short of institutional expectations. It is reported that, influenced by the recent trend of cryptocurrency mining companies shifting towards artificial intelligence, the industry as a whole has experienced a wave of sell-offs. Bitdeer's stock price fell nearly 20% on Monday, erasing the gains from the previous month. The report also states that since last year's halving event, the reward for validating blockchain transactions has decreased from 6.25 BTC to 3.125 BTC, leading to increased operating costs and mounting pressure on Bitcoin miners. Many miners have already transformed into cryptocurrency vaults. In August this year, Bitdeer focused on building mining machines and investing in U.S. mineral resources. Risk Warning
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