BTC $81,302.42 -1.06%
ETH $2,402.34 -1.78%
BNB $721.65 -1.48%
XRP $1.30 -2.93%
SOL $103.83 -1.54%
TRX $0.3343 +0.69%
DOGE $0.0796 -1.84%
ADA $0.2226 -3.52%
BCH $274.02 -1.94%
LINK $12.25 -2.48%
HYPE $79.45 -2.41%
AAVE $154.72 -0.59%
SUI $1.01 -2.15%
XLM $0.1797 -2.66%
ZEC $1,143.01 -7.05%
AAPL $341.31 -0.43%
AMZN $249.07 -1.99%
GOOGL $340.56 -2.67%
MSFT $527.25 -2.51%
META $707.13 -4.46%
NVDA $215.24 -0.91%
TSLA $351.62 -2.63%
SNDK $1,322.95 -1.98%
INTC $90.60 -3.66%
SPCX $144.57 -2.06%
MU $891.77 -1.82%
AMD $534.88 -3.16%
BTC $81,302.42 -1.06%
ETH $2,402.34 -1.78%
BNB $721.65 -1.48%
XRP $1.30 -2.93%
SOL $103.83 -1.54%
TRX $0.3343 +0.69%
DOGE $0.0796 -1.84%
ADA $0.2226 -3.52%
BCH $274.02 -1.94%
LINK $12.25 -2.48%
HYPE $79.45 -2.41%
AAVE $154.72 -0.59%
SUI $1.01 -2.15%
XLM $0.1797 -2.66%
ZEC $1,143.01 -7.05%
AAPL $341.31 -0.43%
AMZN $249.07 -1.99%
GOOGL $340.56 -2.67%
MSFT $527.25 -2.51%
META $707.13 -4.46%
NVDA $215.24 -0.91%
TSLA $351.62 -2.63%
SNDK $1,322.95 -1.98%
INTC $90.60 -3.66%
SPCX $144.57 -2.06%
MU $891.77 -1.82%
AMD $534.88 -3.16%

drop

All
Article
Flash

Waller refused to predict the remaining interest rate decisions for the year, with the probability of an interest rate hike in October dropping to about 17%

During the IMF meeting in Bangkok, Federal Reserve Chairman Kevin Walsh stated that he would not predict the outcomes of the remaining two interest rate meetings this year and was unwilling to disclose potential actions in advance. He said, "This is a new chapter for the Federal Reserve; we no longer do this." Regarding the recent signals from colleagues indicating "no urgency to raise interest rates this month," he neither explicitly supported nor refuted them. Walsh reiterated that the Federal Reserve will achieve price stability and noted that the global economy has largely aligned with central bank expectations since the interest rate hike in September, while describing the recent actions of various central banks as a synchronized tightening of monetary policy in most regions of the world.In September, the Federal Reserve unanimously raised interest rates by 25 basis points, increasing the target range for the federal funds rate to 3.75% to 4%. At that time, most officials expected at least one more rate hike this year. Despite the core CPI rising by 0.33% month-on-month in September, marking a strong increase for the second consecutive month, and the latest producer price data also being robust, Walsh hardly mentioned this week's inflation report and did not significantly attempt to change market expectations for the October meeting. Reports indicated that during his speech, the dollar weakened, and market bets on an interest rate hike in October dropped from about 30% to around 17%.Additionally, Walsh believes that the U.S. is experiencing significant investment growth and holds an optimistic view on economic resilience and the productivity boost brought by AI, but he warned that the development path will be "very bumpy," and the short-term impact of AI on employment remains unclear. DBS Bank macro strategist Wei Liang Chang stated that Walsh reiterated that artificial intelligence will improve productivity in the medium term, which may help ease inflation expectations and alleviate concerns about the Federal Reserve's consecutive rate hikes. Saxo Markets Chief Investment Strategist Charu Chanana noted that Walsh's refusal to commit to another rate hike led to some bets on Federal Reserve rate hikes falling flat, and related comments did not help the dollar following the release of strong inflation data.

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 Bitcoin supply on the exchange has dropped to 2.67 million coins, and a CryptoQuant researcher claims it may drive up prices

On-chain data company CryptoQuant researcher Rei Researcher pointed out in a report released on Monday that as the Bitcoin supply on exchanges continues to shrink, the price of Bitcoin may see an upward trend. The report shows that the Bitcoin held by exchanges has decreased from 2.8 million in February to 2.67 million. The recent price of Bitcoin is around $83,485, remaining stable over the past 24 hours but rising 8% over the past 30 days, following the best-performing quarter in years.The report states, "If buying demand continues to improve while exchange supply remains low, Bitcoin could benefit from a supply-demand imbalance, creating favorable conditions for a longer-term upward trend." The report adds, "More importantly, Bitcoin has rebounded from its lows in recent weeks, while exchange reserves continue to decline. This is a notable development, indicating that even as the market recovers, the supply available for trading is still decreasing." The report also notes that investors may be transferring Bitcoin out of exchanges and into cold wallets.In the first half of 2026, Bitcoin traded below $65,000 for most of the time. After reaching an all-time high of $126,080 in October 2025, the cryptocurrency has been in a bear market for most of this year. However, the situation changed in August when the U.S. Treasury doubled the scale of liquidity support repurchase operations, weakening the dollar while boosting non-yielding assets like Bitcoin. Analysts say that the so-called "devaluation trade" has heated up again, benefiting Bitcoin as it did in 2024 and 2025. Currently, the price of Bitcoin is still over 30% lower than its historical record.

first_img Harneys and dropRWA plan to issue tokenized catastrophe bonds in early 2027

According to CoinDesk, data from Swiss Re shows that natural disasters caused $220 billion in economic losses last year, with insurance covering only $107 billion, while the rest was borne by households, businesses, and governments. Catastrophe bonds allow insurance companies to transfer the financial risks of hurricanes, wildfires, or earthquakes to capital market investors. According to an Artemis report, as of June this year, the outstanding size of the catastrophe bond market reached $65.6 billion, with new issuances in the second quarter amounting to $11.3 billion, setting a record high for a single quarter.Bermuda-based law firm Harneys, which focuses on global insurance business, plans to issue tokenized catastrophe bonds in early next year in collaboration with the tokenization platform dropRWA, with each token representing legal ownership of the catastrophe bonds. This scheme is built on the traditional market, where catastrophe bonds were primarily aimed at specialized funds and large institutions, with many products having a minimum investment amount of $250,000 or more. Both parties are considering structures that can accommodate smaller beneficiary interests, but they still need to comply with securities, insurance, and investor protection regulations.Henry Tucker from Harneys stated that the tokenized structure will not turn disaster coverage into arbitrary retail investments, and the funds will be entirely used to cover specific insurance risks. He pointed out that risks such as flooding and typhoon coverage in Southeast Asia are difficult to insure through traditional reinsurance companies, and specialized underwriters can use the tokenized structure to raise funds for single, specific risks. The World Bank arranged $200 million in hurricane coverage for Jamaica in May.
app_icon
ChainCatcher Building the Web3 world with innovations.