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Share link:In this post: Santiment unveiled a list of cryptocurrencies with a market cap of $2 billion that have witnessed a rise in whale activity. Injective token tops the list with a 456% rise, while wrapped BTC claims the second position with a 421% rise in whale activity. Optimism claims the tenth position with a 56% rise and a market cap of $2.8 billion.
Share link:In this post: Q4 is set to be huge for crypto with a second Fed rate cut, China pumping 500 billion yuan into their economy, and FTX repayments boosting market liquidity. Bitcoin could hit $100K or $120K by year end, with retail interest soaring and MSTR continuing to buy in heavily. The futures market is blowing up with $35.3 billion in open interest, but spot investors are cooling off on big buys.
Quick Take The Tokyo-listed firm continued its bitcoin holding strategy with an additional purchase of 107.9 bitcoin. The latest purchase brought its total bitcoin holdings to 506.7 bitcoin, worth about $32.2 million at the current price.
Although Ethereum has underperformed Bitcoin so far this year, it has outperformed the smart contract platform category index.
- 13:36Financial Giant Charles Schwab: Will Consider Offering Cryptocurrency Trading Services If Regulations ChangeOn October 1, Charles Schwab, a financial giant with $7.13 trillion in assets under management, said the company is willing to provide cryptocurrency trading services if the relevant laws change. Charles Schwab is one of the largest investment services firms in the U.S. Founded in 1971, it offers a wide range of investment products and financial services, including stocks, bonds and mutual funds. (Cointelegraph)
- 13:23Bitcoin Closes September Up 7.3%, Biggest Gain in 11 YearsOn Oct. 1, Bitcoin closed up 7.3 percent in September, marking its biggest September gain in 11 years, according to Bitcoin Archive.
- 13:22REPORT: Fed Rate Cut, China Credit Expansion & Key Agreements Drive DeFi RecoveryOn Oct. 1, Apollo Crypto reported that DeFi's recovery has been fueled by the Federal Reserve's interest rate cuts, credit expansion in China and improvements in DeFi infrastructure. The report noted that the Fed's interest rate cuts have created a more attractive investment environment for risky assets such as bitcoin and ethereum, while the People's Bank of China's easing policy has supported DeFi growth. In addition, key infrastructure improvements in DeFi protocols such as Aave and Uniswap, as well as new tools such as cbBTC introduced by Coinbase, are attracting more capital to the DeFi space.
