News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
New York launches its first city-run digital assets office to lead in crypto innovation and regulation.What This Means for the Crypto IndustryA Model for Other Cities
A LuBian-linked wallet transfers 9,757 BTC after 3 years, just as the U.S. seeks to seize $14.4B in stolen Bitcoin.Government Moves in on $14.4B in BitcoinWhy It Matters to the Crypto World
There’s nothing wrong with points themselves, but the real issue lies in their design: the incentives are shallow, there’s no switching cost, and they have zero connection to the long-term future of the product.
Insiders with reliable information help correct pricing errors and indirectly transmit information to others through price movements.
"Your losses have become our profits."
On October 11, while the overall market experienced a sharp decline, the DeFi project Hydrex's token HYDX on the Base chain surged more than 40% against the trend.
- 01:01Today’s Fear and Greed Index drops to 28, remaining at the Fear level.Jinse Finance reported that today's Fear and Greed Index dropped to 28, with the level still classified as fear. Note: The Fear and Greed Index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin's dominance in the overall market (10%) + Google trend analysis (10%).
- 00:56US SEC Chairman: Supporting Innovative Development Paths for Cryptocurrency and Tokenization Regulation PlanningAccording to ChainCatcher, as reported by The Block, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins hopes that innovation in the crypto industry will flourish as the SEC prioritizes the regulation of the crypto sector and explores regulatory pathways. At the Washington D.C. Fintech Week on Wednesday, he reiterated that cryptocurrency and tokenization are the SEC's "top priorities," stating the need to build a solid framework to attract talent back to the U.S. while also creating a reasonable framework to promote innovative development. He half-jokingly referred to the SEC as the "Securities and Innovation Commission." Atkins also mentioned plans to introduce initiatives such as innovation exemptions, aiming to create a "super app" that would involve multiple regulatory agencies focused on crypto. He questioned why, if everyone shares the same goal, companies should have to register with multiple agencies separately. Currently, the government shutdown has entered its second week, causing SEC operations to come to a standstill. Earlier this month, Congress failed to reach a funding agreement, resulting in employees being furloughed without pay and federal agencies being severely restricted in their activities.
- 00:43The whale who opened a $140 million BTC short position yesterday has closed out and taken profits, earning $2.683 million.According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that the whale who opened a $140 million BTC short position yesterday has closed the position and taken profit, earning $2.683 million. Currently, the account balance is $36.25 million and has not been withdrawn, with a total profit of $4.24 million over the past week.