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Ethereum Surges Over $4,000 Amidst Market Speculation and Increased Short Positions in Anticipation of Trump-Xi Tariff Discussions
Facing internal disagreements and immense political pressure, how will Federal Reserve Chairman Powell signal the future policy path? This may be the key factor determining the direction of the market.
The airdrop also involved controversial addresses, including individuals linked to insider trading scandals and large holders with abnormal behavior, which further intensified the community's trust crisis and exposed the project to the risk of class action lawsuits.
How does the x402 Foundation turn a single line of code into the golden key for AI payments?
The rise of Sun Wukong not only represents Justin Sun’s strategic positioning in the decentralized contract sector once again, but also symbolizes the resurgence of the Chinese DEX narrative.
In Brief JPYC Inc. released Japan's first legally recognized yen-backed stablecoin, JPYC. JPYC operates on multiple blockchains and aims to reach 10 trillion yen circulation. Japanese tech and finance firms support JPYC’s integration into various ecosystems.
In Brief Tokenomist data reveals $653 million in coin releases from October 27 to November 3. SUI, GRASS, and SIGN coins will see significant market supply increases. Daily releases continue for major projects like Solana, Worldcoin, and Dogecoin.
In Brief Ant Group applied for AntCoin trademark in Hong Kong, signaling digital finance aspirations. The company's move could align AntCoin with new stablecoin regulatory framework. AntCoin indicates Ant Group's strategic integration of traditional finance and blockchain.
In Brief ClearBank joins CPN for enhanced blockchain-based payments with Circle integration. Collaborative efforts focus on stablecoin-regulated international transfers. Innovations expected to reduce costs and dependency on traditional systems.
- 16:28Meta’s Threads launches temporary post feature, allowing users to share “random thoughts”Jinse Finance reported that Meta Platforms (META.O)'s social platform Threads (a competitor to Twitter) is launching a timed post feature to encourage more users to share "spontaneous thoughts" on the platform without worrying about the content remaining permanently on their personal homepage. This feature, called "ghost posts," will appear in the feed alongside other regular posts but will disappear after 24 hours. Its model is similar to the popular "Stories" feature in Meta's other apps such as Facebook, Instagram, and WhatsApp. Replies to ghost posts will be sent as private messages rather than public comments. In a blog announcement on Monday, the company stated that the new feature aims to encourage people to "share spontaneous thoughts and fresh perspectives without the pressure of content being permanently stored or carefully curated."
- 16:16Data: In the past 24 hours, total liquidations across the network reached $413 million, with long positions liquidated for $133 million and short positions liquidated for $280 million.ChainCatcher news, according to Coinglass data, in the past 24 hours, the total amount of liquidations across the network reached $413 million, with long positions liquidated for $133 million and short positions liquidated for $280 million. Among them, bitcoin long positions were liquidated for $16.1013 million, bitcoin short positions for $119 million, ethereum long positions for $31.2317 million, and ethereum short positions for $87.3631 million. In addition, in the past 24 hours, a total of 126,211 people worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at $19.0433 million.
- 16:16Standard Chartered: If conditions are favorable this week, bitcoin may never fall below $100,000 againJinse Finance reported that Geoffrey Kendrick, Head of Global Digital Assets Research at Standard Chartered Bank, stated in his latest report that if the current positive macro and geopolitical developments continue, the price of bitcoin may never fall below $100,000 again. The easing of US-China trade relations has shifted market sentiment from fear to hope, and the bitcoin-gold ratio has rebounded to the level before the October 10 tariff news triggered a sell-off. Kendrick believes that ETF capital inflows will be a key indicator of improved market sentiment, and a new all-time high for bitcoin would mark the end of the "halving cycle theory." Key events this week include the Federal Reserve's expected 25 basis point rate cut and earnings releases from several tech giants and crypto companies.