Market Overview - Bitcoin has fallen to the $100,000 level, while Ether has dropped approximately 2%. In contrast, XRP has increased by over 2.5% following the launch of the first US spot XRP ETF on NASDAQ [2][3] - Investors are becoming increasingly pessimistic about the likelihood of lower interest rates, coinciding with the reopening of the US government after a record shutdown [2] Company Developments - Gayscale has filed for a public listing in the US, targeting a listing of Class A common stock on the New York Stock Exchange under the ticker GRAY. The price and size of the offering are yet to be determined [3] - Gayscale's efforts have paved the way for other spot Bitcoin funds to launch in 2024, with BlackRock's IBIT surpassing GBTC in assets under management [4] Regulatory Landscape - SEC Chair Paul Atkins has introduced a new approach to crypto tokens, supporting Congress's efforts to pass market structure legislation. He outlined a coherent token taxonomy with four classifications, indicating that digital commodities like Bitcoin are not considered securities [5][6] - The SEC will collaborate with the CFTC and other regulators to establish a proper regulatory framework for crypto [7] Decentralized Finance (DeFi) Initiatives - OKX has launched a new decentralized exchange trading feature on its app, allowing users to access decentralized markets on Solana and Base directly from its centralized exchange [8][9] - The new feature, called CDI, aims to bridge centralized finance (CeFi) and decentralized finance (DeFi), providing users with a simplified way to access DeFi products while maintaining security [10][12] Market Trends and Adoption - The DeFi ecosystem is experiencing significant growth, with a compounded annual growth rate of approximately 40% to 50%. OKX has reported around $80 billion in volume through its DeFi ecosystem and nearly 4 million active wallets daily [12][13] - The lack of a unified federal framework for DeFi is being addressed, with the Senate Agriculture Committee releasing a draft crypto market structure bill that provides regulatory guidance and enhances the CFTC's authority over digital assets [14][16] Company Performance and Outlook - OKX has seen substantial growth in the US market since its launch, with increased customer onboarding and expanded product offerings, including a unified stablecoin order book and new payment options [17][19] - The outlook for major cryptocurrencies like Bitcoin remains positive, with foundational strength recognized by institutional investors, despite expected volatility [21][22]

Event Overview - BitMart's Global CEO, Nenter Chow, will attend Blockchain Life 2025 in Dubai, October 28–29 [1] - The event is promoted as "The Crypto Event of the Year" [1] Panel Discussion - Nenter Chow will participate in a panel discussion on "Where Centralized and Decentralized Finance Converge" [1] - Other speakers include representatives from BingX, Bitget, and BitMEX [1] Promotional Offer - A 10% discount on tickets is available using the code "bitmart" [1] Key Participants - Notable participants include Nenter Chow (BitMart), Vivien Lin (BingX), Vugar Usi Zade & Elena Gonta (Bitget), and Stephan Lutz (BitMEX) [1]

Event Participation - BitMart's Global CEO, Nenter Chow, will attend Blockchain Life 2025 in Dubai, October 28-29 [1] - BitMart offers a 10% discount on tickets using the code "bitmart" [2] Panel Discussion - Nenter Chow (BitMart), Vivien Lin (BingX), Vugar Usi Zade & Elena Gonta (Bitget), and Stephan Lutz (BitMEX) will participate in a panel discussion on the convergence of centralized and decentralized finance [2] - The panel discussion will take place on the Uminers Stage [2]

Event Overview - Blockchain Life 2025 is scheduled for October 28-29 in Dubai [1] - The event features a panel discussion on the convergence of Centralized and Decentralized Finance [1] Participants - BitMart's Global CEO, Nenter Chow, will be a speaker at Blockchain Life 2025 [1] - Other speakers include representatives from BingX, Bitget, and BitMEX [1] Promotional Information - A discount code "bitmart" offers 10% off tickets for the event [1]

RT Digital Asset Summit 2025 (@blockworksDAS)"We spent some years building decentralized finance so that we can essentially replace some of the more dangerous elements of centralized finance," Joe Lubin says https://t.co/Miph1TUPDg ...

🔥 LATEST: Tom Lee says, “Wall Street will stake ETH to be involved in the enhancement of ethereum,” as it moves to financialize the world onto blockchain.“That is the difference between centralized finance and defi.” https://t.co/6RJJzPysGd ...