News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Quarter after quarter, Galaxy is looking less like a trader and more like a banker.
In October, the cryptocurrency market experienced two major setbacks: a flash crash that caused $19 billion in liquidations and hawkish signals from the Federal Reserve that dampened expectations for rate cuts. Despite these challenges, bulls still believe bitcoin could reach $150,000 by the end of the year, citing seasonal trends and macroeconomic tailwinds. Summary generated by Mars AI. This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively improved.
Trump-appointed governor Milan, as before, advocates for a 50 basis points rate cut, while another voting member, Schmid, supports holding rates steady.
- 05:19ETH falls below $3,900Jinse Finance reported that according to market data, ETH has fallen below $3,900 and is now quoted at $3,899.98, with a 24-hour increase of 1.03%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 05:08The European Union will expand regulation of stock and cryptocurrency exchangesChainCatcher news, the European Commission is formulating plans to expand central supervision over key financial market infrastructures, targeting stock exchanges and crypto asset service providers. According to the plan, the powers of the European Securities and Markets Authority (Esma) will be expanded to cover "the most important cross-border entities." This move is part of the EU's "Capital Markets Union" initiative, aimed at eliminating regulatory fragmentation and enhancing the EU's competitiveness. The relevant proposals are expected to be presented in December as part of the "Market Integration Package."
- 04:57Daylight Saving Time ends in North America today, and the U.S. stock market will open at 22:30 Beijing time.Jinse Finance reported that starting today, North America will begin Daylight Saving Time, and the trading hours for financial markets in the United States and Canada (including gold, silver, crude oil, and stocks) as well as the release times for economic data will be delayed by one hour compared to Daylight Saving Time. Beginning next week, gold, silver, and crude oil will open at 7:00 AM (GMT+8), and the US stock market will open at 10:30 PM (GMT+8). Investors are advised to pay attention to these changes.