BTC $82,031.69 +0.17%
ETH $2,432.44 -0.49%
BNB $730.75 -0.02%
XRP $1.33 +0.16%
SOL $105.45 +0.85%
TRX $0.3315 -0.76%
DOGE $0.0805 -2.60%
ADA $0.2292 -0.46%
BCH $275.61 +1.79%
LINK $12.41 -1.00%
HYPE $80.98 +1.26%
AAVE $155.16 -1.46%
SUI $1.01 -0.65%
XLM $0.1841 +0.25%
ZEC $1,185.95 +1.93%
AAPL $344.45 -0.01%
AMZN $253.99 -0.30%
GOOGL $347.37 -1.00%
MSFT $540.07 +0.58%
META $733.79 -0.66%
NVDA $217.43 -2.42%
TSLA $360.77 -1.83%
SNDK $1,347.63 -5.29%
INTC $93.94 -5.73%
SPCX $146.38 -4.86%
MU $910.02 -2.32%
AMD $546.71 -4.98%
BTC $82,031.69 +0.17%
ETH $2,432.44 -0.49%
BNB $730.75 -0.02%
XRP $1.33 +0.16%
SOL $105.45 +0.85%
TRX $0.3315 -0.76%
DOGE $0.0805 -2.60%
ADA $0.2292 -0.46%
BCH $275.61 +1.79%
LINK $12.41 -1.00%
HYPE $80.98 +1.26%
AAVE $155.16 -1.46%
SUI $1.01 -0.65%
XLM $0.1841 +0.25%
ZEC $1,185.95 +1.93%
AAPL $344.45 -0.01%
AMZN $253.99 -0.30%
GOOGL $347.37 -1.00%
MSFT $540.07 +0.58%
META $733.79 -0.66%
NVDA $217.43 -2.42%
TSLA $360.77 -1.83%
SNDK $1,347.63 -5.29%
INTC $93.94 -5.73%
SPCX $146.38 -4.86%
MU $910.02 -2.32%
AMD $546.71 -4.98%

comm

All
Article
Flash

first_img Troy Cross: Bitcoin balances unlimited printing; the academic community will ultimately accept Bitcoin

In an interview video published by Bitcoin Magazine, philosopher Troy Cross provided answers on whether Bitcoin can truly achieve "the separation of money and state." He stated that he does not expect governments to abandon printing money anytime soon, but believes that Bitcoin serves as a check against endless monetary expansion, as people will choose to seek refuge in Bitcoin.Cross believes that academia will be the last group to understand Bitcoin, following innovators, financial practitioners, and journalists. He mentioned that the "Getting Bitcoin" initiative has made it to The Wall Street Journal, with related Bitcoin articles receiving 4 to 6 times the normal click rates. He also cited a survey from the Nakamoto Project, indicating that Bitcoin is moving towards normalization, while also increasingly showing signs of partisanship and polarization.In the interview, Cross also discussed the branding issues Bitcoin faces, as it is often confused with the broader category of crypto assets, and why price trends, education, and "Number Go Up" have become a universal language. He mentioned the need to bridge the gap and reach the 82% of people who do not yet hold Bitcoin, and explained how Bitcoin can keep governments honest. The video chapters also touched on the setbacks of the Clarity Act and why Bitcoin continues to move forward.

Analysis: It is not common for the Federal Reserve to raise interest rates in October or November before the midterm elections, and the market is paying attention to the remarks by Waller

In September, the U.S. CPI rose 3.7% year-on-year and 0.6% month-on-month, while the core CPI increased 2.6% year-on-year and 0.3% month-on-month, all exceeding market expectations. Following the data release, market bets on a 25 basis point rate hike by the Federal Reserve in October rose to about 40%, up from around 20% the previous day.The Federal Reserve just raised rates by 25 basis points last month, marking its first rate hike of 2023. The next rate decision will be announced on October 28, just 6 days before the U.S. midterm elections on November 3. Inflation continues to remain above the Federal Reserve's 2% target, and economic activity remains resilient, providing grounds for further rate hikes.Economists from institutions such as Jefferies and Nationwide believe that there is data support for rate hikes in both October and December. Some analysts also expect that the Federal Reserve may consider the timing of the elections and potential economic vulnerabilities, choosing to delay until December. Historical data shows that the Federal Reserve rarely raises rates in October or November before midterm elections, and the market will be paying attention to Federal Reserve Chairman Kevin Walsh's remarks before entering the pre-meeting blackout period.

first_img The perpetual contract platform StandX announced that it will gradually cease operations and conduct a one-time DUSD airdrop for the community

The perpetual contract platform StandX announced a one-time DUSD airdrop to the community, where users can claim the full amount with no lock-up. The distribution criteria include pre-deposits, Alpha, mainnet trading, market making, and referral activities. All amounts must pass anti-whale and volume manipulation checks, and amounts for abnormal accounts may be adjusted or canceled. StandX also stated that it has decided not to issue tokens, and the airdrop funds come from the project's remaining income and additional contributions from the team.StandX stated that after the mainnet goes live in November 2025, it has served over 237,000 users, with a peak TVL exceeding $200 million, and no security incidents have occurred during its operation. Airdrop inquiries will open on October 26 at 00:00 (UTC), with the claiming period from November 1 at 00:00 to December 31 at 08:00 (UTC). Claims not made within this period will be considered forfeited. Users must use the BNB Chain or Solana wallet address used on StandX to claim.StandX also announced that it will gradually cease operations after assessing business and market conditions. From October 15, all types of earnings will stop, and new deposits to the treasury will be closed. From October 20, perpetual contracts will enter a mode of only reducing positions. All remaining positions will be liquidated at the marked price on January 15, 2027, and January 31, 2027, will be the deadline for DUSD redemption and asset withdrawal. The official reminder is to claim the airdrop only through standx.com.

first_img The U.S. SEC has revised the quorum rules, potentially concentrating the authority for cryptocurrency regulation in the hands of a few commissioners

On September 30, the U.S. Securities and Exchange Commission (SEC) released final rules adjusting the quorum requirement to only one commissioner in most cases to constitute a quorum, which took effect on October 2. The SEC stated that this move aims to enhance the flexibility and finality of institutional rule-making. Earlier this month, Commissioner Hester Peirce resigned, leaving only Chairman Paul Atkins and former Acting Chairman Mark Uyeda as the two remaining commissioners, while the agency's statutory seats are five.The leadership vacancy at the U.S. Commodity Futures Trading Commission (CFTC) is even more pronounced, as Michael Selig has been the only Senate-confirmed chairman and commissioner since December 2025. Both agencies were originally set to have five commissioners. In terms of rule-making, the SEC proposed in August to provide a safe harbor for tokens not to be classified as "investment contracts," and the CFTC followed up in October, with Selig stating that he would utilize existing statutory authority to advance cryptocurrency regulation through proposed rules regarding exchanges; Atkins also mentioned on October 2 that more regulatory proposals would be forthcoming.On October 5, the Financial Times published a commentary by Robin Wigglesworth, pointing out that with only two commissioners, if one needs to recuse themselves or is unable to perform their duties, a single commissioner can pass formal rules applicable to a securities market worth trillions of dollars. Uyeda subsequently responded in the Financial Times, stating that the SEC's commitment to its mission has not changed, and the rule modification merely clarifies that when all but one commissioner must recuse themselves, the commission can still constitute a quorum.
app_icon
ChainCatcher Building the Web3 world with innovations.