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S&P Global has assigned a "B-" credit rating to bitcoin treasury company Strategy, classifying it as junk debt but with a stable outlook. The Federal Reserve is expected to cut interest rates by 25 basis points, with a possible split in the voting. The Hong Kong Securities and Futures Commission has launched a tender for a virtual asset trading monitoring system. Citi is partnering with Coinbase to explore stablecoin payment solutions. ZEC surged significantly due to halving and privacy topics. Summary generated by Mars AI. The accuracy and completeness of this summary are still being refined and updated by the Mars AI model.
Key indicators (4:00 PM Hong Kong time on October 6 -> 4:00 PM Hong Kong time on October 27): BTC/USD -6.4...
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In Brief BlackRock's Bitcoin spot ETF boosted confidence, defying expectations of Bitcoin's end. Altcoin ETFs could eliminate current institutional investor limitations, spurring market growth. Lack of BlackRock's altcoin ETF may limit long-term support, risking market disillusionment.
- 23:07Norwegian Crypto Declarations Surge by 30%: Around 73,000 People Report Over $4 Billion in AssetsAccording to a report by Jinse Finance, the Norwegian Tax Administration announced that for the 2024 fiscal year, more than 73,000 people declared holdings of cryptocurrencies, with a total value exceeding $4 billion, representing a year-on-year increase of about 30%. Tax Director Nina Schanke Funnemark stated that several measures implemented in recent years have proven effective, with more people declaring crypto assets as required to ensure tax compliance. Data shows that among the declared assets, approximately $550 million were gains, while $290 million were losses. Norway plans to require exchanges and custodians to report crypto holdings information through third-party reporting starting in 2026.
- 22:26Spot gold rises to $3,960 per ounce, up 0.20% on the dayJinse Finance reported that spot gold touched $3,960 per ounce, up 0.20% on the day.
- 22:25The first-day trading volume of SOL Staking ETF, LTC, and HBAR ETF reached $65 million.Jinse Finance reported that the first ETFs tracking the spot prices of Litecoin and Hedera—Canary Litecoin (LTCC) and Canary HBAR (HBR)—as well as the first Solana staking ETF—Bitwise Solana Staking (BSOL)—were listed on October 28. The combined trading volume of the three ETFs reached 65 million USD on the first day, with BSOL accounting for the majority at 56 million USD, and its trading volume reached 10 million USD within the first hour after opening (UTC+8). BSOL set the record for the highest first-day trading volume among ETFs this year. As of October 20, there have been 155 crypto ETF/ETP applications in the United States, covering 35 digital assets, mainly SOL and BTC.