News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Financial Giant Charles Schwab: Will Consider Offering Cryptocurrency Trading Services If Regulations Change
On 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)
On 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)
Bitcoin Closes September Up 7.3%, Biggest Gain in 11 Years
On Oct. 1, Bitcoin closed up 7.3 percent in September, marking its biggest September gain in 11 years, according to Bitcoin Archive.
On Oct. 1, Bitcoin closed up 7.3 percent in September, marking its biggest September gain in 11 years, according to Bitcoin Archive.
REPORT: Fed Rate Cut, China Credit Expansion & Key Agreements Drive DeFi Recovery
On 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.
On 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.
ECB Stewardship Councilor Rehn: Easing inflationary pressures and economic deterioration support rate cut this month
ECB Governing Council member Rehn said easing inflationary pressures and a deteriorating euro economy support a rate cut this month.
ECB Governing Council member Rehn said easing inflationary pressures and a deteriorating euro economy support a rate cut this month.
500 Million XRP Transferred from Unknown Wallet to Ripple
On October 1, 500,000,000 XRP (approximately $314,713,411) were transferred to Ripple from an unknown wallet, as monitored by Whale Alert.
On October 1, 500,000,000 XRP (approximately $314,713,411) were transferred to Ripple from an unknown wallet, as monitored by Whale Alert.
BlackRock IBIT Inflows Record Low for September, 97% of Inflows Occurred in Last 5 Trading Day
On Oct. 1, BlackRock IBIT recorded $577 million in inflows in September, the lowest for a single month since the ETF's IPO, and 97% of the inflows occurred in the past five trading days, according to Trader T data.
On Oct. 1, BlackRock IBIT recorded $577 million in inflows in September, the lowest for a single month since the ETF's IPO, and 97% of the inflows occurred in the past five trading days, according to Trader T data.
Mining Produced Just 75% of Spot ETF Net Inflows of BTC in September
On October 1, according to HODL15Capital data, the U.S. spot ETF saw a net inflow of 17,941 BTC in September, while mining output for the month was only 13,500 BTC, or just 75.2% of the ETF's net inflow.
On October 1, according to HODL15Capital data, the U.S. spot ETF saw a net inflow of 17,941 BTC in September, while mining output for the month was only 13,500 BTC, or just 75.2% of the ETF's net inflow.
Data: Mining output of BTC in September only accounted for 75% of the net inflow of spot ETFs
According to ChainCatcher, according to HODL15Capital monitoring, the net inflow of US spot BTC ETF in September was about 17,941 BTC, and the number of BTC mined that month was 13,500, accounting for only 75.2% of the net inflow of ETF funds.
According to ChainCatcher, according to HODL15Capital monitoring, the net inflow of US spot BTC ETF in September was about 17,941 BTC, and the number of BTC mined that month was 13,500, accounting for only 75.2% of the net inflow of ETF funds.
200 Million XRP Moved from Unknown Wallet to Ripple
Golden Finance reported that according to Whale Alert monitoring, 200 million XRP (US$126,077,285) was transferred from an unknown wallet to Ripple.
Golden Finance reported that according to Whale Alert monitoring, 200 million XRP (US$126,077,285) was transferred from an unknown wallet to Ripple.
Pike Finance's price plummeted by 90% due to only providing $10,000 in initial liquidity after TGE
On October 1, The Block reported that early investors of Pike Finance were dissatisfied with the token generation event on Monday. The team only provided $10,000 of initial liquidity for the Aerodrome decentralized trading platform on Base. According to data from DEX Screener, due to limited liquidity at the time of launch, the price of the token quickly fell to around $0.0035, a drop of about 90%.
On October 1, The Block reported that early investors of Pike Finance were dissatisfied with the token generation event on Monday. The team only provided $10,000 of initial liquidity for the Aerodrome decentralized trading platform on Base. According to data from DEX Screener, due to limited liquidity at the time of launch, the price of the token quickly fell to around $0.0035, a drop of about 90%.
