Crypto mogul Arthur Hayes has previously attacked the U.S. central bank when making lofty Bitcoin price predictions. But this time the billionaire is aiming his criticism at the Eurozone.  In a lengthy Wednesday blog post titled "Bastille Day," the co-founder and former chief of crypto exchange BitMEX said that French citizens moving their money could lead to excessive money printing on behalf of the European Central Bank, in turn benefiting Bitcoin.  Hayes argues that France, the second-largest economy in ...

Core Insights - October is anticipated to bring a new wave of altcoins attracting investor interest, with potential Binance listings acting as a significant catalyst [1] Group 1: MYX Finance (MYX) - MYX has experienced a remarkable increase in trading activity, with its price rising over 1360% to $14.31 in the past month [2] - The token is currently up 57% in the past week and faces resistance at $15.84; if it breaks this barrier, it could reach its all-time high of $19 [3] Group 2: ASTER - ASTER is likely to see a potential listing on Binance soon, as on-chain data indicates tokens being transferred to Binance spot wallets, including a significant transaction of $4.8 million [5] - If buying momentum is generated, ASTER's price could rise towards $2.03; however, if demand does not materialize, it may drop to $1.71 [6][7] Group 3: Mantle (MNT) - MNT's credibility has been bolstered by listings on major exchanges like Coinbase and Bybit, enhancing its chances for a Binance listing [8] - The increased trading activity has pushed MNT's market capitalization above $6.9 billion, with its current trading price around $1.98, which could increase if demand continues [8]

Core Insights - Hivello Holdings has successfully listed its native token $HVLO on the major cryptocurrency exchange BingX, enhancing its market presence and liquidity [1][5][7] Group 1: Token Listing and Market Impact - The listing on BingX provides Hivello access to over 20 million users across more than 100 countries, significantly increasing the token's exposure [2][6] - This move is expected to enhance the utility of $HVLO for users who can earn tokens by offering idle computing resources through Hivello's platform [2][3] - The listing is a strategic step towards Hivello's long-term goals of increasing liquidity and value for its platform users, partners, and token holders [3][7] Group 2: Strategic Partnerships and Growth - The partnership with BingX is further solidified as BingX Ventures has recently invested in Hivello, aligning both companies' long-term missions [7] - Hivello aims to simplify access to decentralized infrastructure networks, allowing users to earn passive income without requiring technical expertise [10] - The listing is seen as a milestone that not only boosts liquidity but also introduces $HVLO to new communities, fostering ecosystem growth [7][8]

Core Insights - The cryptocurrency world is rapidly integrating with traditional finance, marking the emergence of a new crypto financial era, with significant liquidity and capital opportunities being created [1] - Centralized exchanges (CEX) are evolving from mere trading platforms to comprehensive service systems, as evidenced by OKX's recent product upgrades [1][3] - The concept of CeDeFi is gaining traction, indicating a shift towards a more integrated financial ecosystem that combines centralized and decentralized finance [6] Group 1: CEX Evolution - CEXs are transitioning from simple liquidity matching to emphasizing capital efficiency, reflecting the maturation of the global crypto market [3] - OKX's Auto Earn feature allows users to earn on idle assets without locking them, enhancing asset utilization and providing a low-risk, flexible investment option [3][4] - The VIP program introduced by OKX addresses long-standing issues such as high fees and slow customer service, catering to high-frequency and large-volume traders [5] Group 2: CeDeFi Strategy - CeDeFi is becoming a bridge for traditional financial institutions to enter the crypto space, promoting widespread adoption of crypto assets [6] - OKX is actively expanding its on-chain ecosystem, including the launch of DEX trading features and a unified wallet that supports over 140 blockchain networks [6][7] - The X Layer public chain upgrade aims to support high transaction speeds and low costs, positioning itself as a hub for new financial transactions [8] Group 3: Stablecoin Development - Stablecoins are evolving from mere trading tools to multifunctional financial assets, with a total market cap nearing $300 billion [9][10] - OKX's unified dollar order book aggregates compliant stablecoins, enhancing liquidity and trading efficiency [11] - The introduction of OKX Pay allows users to spend stablecoins directly, facilitating everyday transactions and addressing traditional payment challenges [12]

South Korea’s largest crypto exchange Upbit will list DoubleZero (2Z) with KRW, BTC, and USDT trading pairs. Trading is scheduled to open at 22:00 local time. DoubleZero (2Z) is a physical network infrastructure designed for blockchain and distributed systems.https://t.co/ZlbMJ7Kbol ...

There is evidence the core value generation loop is working. Chainlink is the category leader by revenue in the crypto interoperability segment, generating $9.6 million in revenue over the last three years. Furthermore, large financial institutions have tested or used Chainlink to move and verify fund data across chains, and the U.S. government is even using it to publish economic data to the blockchain now.Importantly, CCIP's billing model lets developers pay a single fee denominated in LINK on the chain w ...

BNB price has once again reclaimed the crucial resistance of $1,000 as bulls eye for a rally to all-time highs. The frenzy around BNB Chain is kicking in fast, as it overtakes top market players in on-chain activity. Amid the recent BNB rally, founder Changpeng Zhao’s wealth has exploded significantly. BNB Price Eyes Gains to $1,200 BNB has staged a major breakout, with the $780–$800 resistance zone now acting as strong support. Analysts note that as long as the price holds above this range, momentum poi ...

Key Points BNB is currently performing the best that it has in the last year or so. It has a clear runway for tightening supply further. Shiba Inu captures the imaginations of investors very readily. 10 stocks we like better than Shiba Inu › After a sharp run up of 46% over the last three months, the Binance cryptocurrency exchange's coin, BNB, (CRYPTO: BNB) is back in the spotlight, and it's getting more attention from the market than it has in years. During the same period, the price of the sto ...

Market Overview - The U.S. stock market is expected to open cautiously, with major index futures indicating a slight pullback due to concerns over a potential government shutdown and upcoming economic data releases [1][2] - September has been a positive month for major indexes, with the Nasdaq Composite gaining approximately 5.3%, the S&P 500 advancing around 3.1%, and the Dow Jones Industrial Average rising about 1.7% [3] Premarket Trading and Futures Movements - S&P 500 futures were down approximately 0.18% to 0.2%, Dow Jones Industrial Average futures declined around 0.18% to 0.23%, and Nasdaq 100 futures edged lower by about 0.16% to 0.21% [2] Corporate Earnings and Stock Movements - Nvidia (NVDA) shares rallied over 2% on Monday, settling above the $180 level, and rose 1% in premarket trading [6] - Electronic Arts (EA) surged after reports of a $55 billion going-private leveraged buyout deal, with the stock jumping 15% on Friday and climbing a further 4.5% on Monday [6] - Intel (INTC) shares were down almost 3% on Monday after a significant 20% surge last week [10] - Robinhood Markets (HOOD) saw its shares surge over 12% on Monday, closing at an all-time high [10] - Western Digital (WDC) rose 9.2% and Seagate Technology (STX) added 5.3% after analysts raised price targets due to growing demand for hard drives to support AI [10] - Coinbase Global (COIN) gained 6.8% as major cryptocurrencies moved higher [10] - Lam Research (LRCX) shares rose 3.3% after Deutsche Bank upgraded the company to a "Buy" rating [10] - Novo Nordisk (NVO) dropped 3% after receiving a downgrade to "Underweight" [10] - The energy sector was the worst-performing sector in the S&P 500 on Monday, declining 1.9% [10] Upcoming Economic Data - Key reports to be released include the Job Openings and Labor Turnover Survey (JOLTS) for August, Consumer Confidence Report for September, and Chicago Region's Business Activity Data for September [6] - The JOLTS report is expected to provide insights into labor market health, while the Consumer Confidence Report will reflect household sentiment amidst inflation concerns [6]

Core Viewpoint - The South Korean Fair Trade Commission has extended the review period for Naver's acquisition of Dunamu, the parent company of Upbit, until mid-November due to concerns over potential monopolistic practices in the cryptocurrency market, with the deal valued at over $50 billion [1][3]. Group 1: Market Dynamics - Naver holds 82% of the search traffic in South Korea and has 28 million active users on its payment platform, Naver Pay, while Upbit commands 47% of the local cryptocurrency trading volume, raising concerns about reduced competition for smaller exchanges post-merger [1][3]. - The partnership between Naver and Upbit has already led to the launch of a stablecoin pegged to the Korean won, which has a trading volume exceeding $5 billion, representing 63% of the Korean stablecoin market [3]. Group 2: Strategic Intentions - Naver aims to establish itself as a dominant player in the cryptocurrency ecosystem by integrating Upbit's 20 million users into its platform, creating a closed-loop system for searching market data and facilitating transactions [5]. - Upbit, despite its market leadership, faces compliance challenges and a significant user attrition rate of 18% in Q2 2023, indicating a need for Naver's brand credibility and compliance resources to regain user trust [7]. Group 3: Reactions and Adjustments - Supporters, including the Korea Blockchain Association, argue that the merger could enhance the international competitiveness of local crypto firms, drawing parallels to Naver's successful involvement in the LINE merger [9]. - Opponents, including smaller exchanges like Coinone and Korbit, have expressed concerns that the Naver-Upbit alliance could stifle competition and replicate past monopolistic behaviors seen with Google in South Korea [11]. - In response to the regulatory scrutiny, Naver has proposed to divest part of its stablecoin business to facilitate the approval process, although the Fair Trade Commission has not yet indicated any leniency [13].