🚀 US September Manufacturing PMI Hits New Low Since June 2023
#US #September #Manufacturing #PMI #S&PGlobal #BlockBeats #EconomicIndicator #Low #June2023
According to BlockBeats, the final reading of the U.S. September S&P Global Manufacturing PMI came in at 47.3, slightly above the expected 47 but below the previous value of 47. This marks the lowest level since June 2023.#US #September #Manufacturing #PMI #S&PGlobal #BlockBeats #EconomicIndicator #Low #June2023
🚀 US August JOLTs Job Openings Exceed Expectations
#JOLTs #JobOpenings #USJobs #Economy #Employment
According to BlockBeats, the United States reported 8.04 million job openings for August, surpassing the anticipated 7.655 million. The previous figure was revised from 7.673 million to 7.711 million.#JOLTs #JobOpenings #USJobs #Economy #Employment
🚀 Gold And Silver Prices Surge Amid Market Movements
#Gold #Silver #MarketMovements #PriceSurge #Investing
According to BlockBeats, on October 1, market data revealed that spot gold prices surged past $2,670 per ounce, marking a daily increase of 1.33%.
In addition, spot silver prices experienced a significant rise, increasing by over 2.00% within the day and currently trading at $31.77 per ounce.#Gold #Silver #MarketMovements #PriceSurge #Investing
🚀 Uniswap Labs Reports $52.75 Million Revenue Over Six Months
#Uniswap #DeFi #Revenue #Blockchain #TradingVolume #DecentralizedExchange #UNI
According to Odaily, data from DefiLlama reveals that Uniswap Labs generated $52.75 million in fee revenue from April 1, 2024, to September 30, 2024. During this period, Uniswap maintained its position as the leading decentralized exchange in terms of trading volume. Over the past seven days, Uniswap recorded a total trading volume of $8.1 billion.#Uniswap #DeFi #Revenue #Blockchain #TradingVolume #DecentralizedExchange #UNI
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🚀 US Treasury Yields Narrow Decline After ISM Data Release
#USTreasury #Yields #ISMTData #10YearTreasury #Finance
According to Odaily, the yield on U.S. Treasury bonds narrowed its decline following the release of the ISM data. The latest figures show that the yield on the 10-year Treasury bond fell by 10.5 basis points, now standing at 3.6975%.#USTreasury #Yields #ISMTData #10YearTreasury #Finance
🚀 🔥 Binance Reaches Its 20th Global Regulatory Milestone with Registration in Argentina 🔥
#Binance #Argentina #RegulatoryMilestone #VirtualAssetServiceProvider #Compliance #CryptoIndustry #UserProtection #AML #CFT #KYC
Binance has secured a significant regulatory milestone, registering as a Virtual Asset Service Provider with Argentina's National Securities Commission (CNV). This achievement marks Binance's 20th regulatory milestone globally, allowing it to expand its full suite of services to users in Argentina.This registration underscores Binance's ongoing commitment to compliance, aiming for safe and sustainable crypto industry growth both in Argentina and globally. Binance's robust compliance program, which includes stringent AML, CFT policies, and a user-friendly KYC process, emphasizes its dedication to security, user protection, and collaboration with law enforcement. #Binance #Argentina #RegulatoryMilestone #VirtualAssetServiceProvider #Compliance #CryptoIndustry #UserProtection #AML #CFT #KYC
🚀 European Stock Indices Experience Significant Declines
#EuropeanStockIndices #MarketDecline #CAC40 #EuroStoxx50 #FTSEMIB #IBEX35 #DAX #StockMarket
According to BlockBeats, on October 1, market data revealed that most European stock indices have seen an expansion in their declines. The French CAC40 index, the Euro Stoxx 50 index, and the Italian FTSE MIB index each fell by 1%. Meanwhile, the Spanish IBEX35 index experienced a more substantial drop of 2%, and the German DAX index decreased by 0.7%.#EuropeanStockIndices #MarketDecline #CAC40 #EuroStoxx50 #FTSEMIB #IBEX35 #DAX #StockMarket
🚀 CoinDesk 20 Index Sees Positive Movement With Majority Assets Trading Higher
#CoinDesk20 #Index #MarketUpdate #PositiveTrend #Cryptocurrency #APT #UNI #DOT #ETC #Trading #Assets #Gains
According to CoinDesk, the CoinDesk 20 Index has shown a positive trend in its latest market update. The index is currently trading at 2066.5, reflecting a 0.9% increase, which translates to a gain of 19.15 points since the previous day's close. Out of the 20 assets included in the index, 19 are trading higher, indicating a broad-based upward movement across the market. Leading the gains are APT with a 5.0% increase and UNI with a 2.9% rise. On the other hand, DOT has seen a slight decline of 0.5%, while ETC remains unchanged. The CoinDesk 20 Index is a comprehensive index that is traded on multiple platforms across various regions globally.#CoinDesk20 #Index #MarketUpdate #PositiveTrend #Cryptocurrency #APT #UNI #DOT #ETC #Trading #Assets #Gains
🚀 Bitcoin OTC Market Sees Highest Levels Since May 2022
#Bitcoin #OTCMarket #CryptoQuant #Liquidity #HighNetWorth #Institutions #CEX #BTC #Cryptocurrency #MarketTrends
According to Odaily, data from CryptoQuant reveals that the total amount of Bitcoin in the over-the-counter (OTC) market has surpassed 410,000 BTC, marking the highest level since May 2022. This figure is more than double the 185,000 BTC recorded in March. The balance indicates the liquidity available for purchase or sale at OTC desks, with a high balance suggesting strong liquidity and the ability to complete large orders. Conversely, a low balance may indicate greater difficulty in executing trades. OTC clients are primarily high-net-worth individuals or institutions outside of retail trading platforms. OTC trading allows for large transactions without impacting the Bitcoin price on centralized exchanges (CEX). The data shows a significant increase in OTC balances over the past six months, while Bitcoin has been on a downward trend since its all-time high of $73,500 in March. The rise in balances is reminiscent of the period from late 2020 to early 2021, when OTC balances surged from 235,000 BTC to 435,000 BTC within six months. However, unlike that period, Bitcoin prices are currently experiencing a slight decline.#Bitcoin #OTCMarket #CryptoQuant #Liquidity #HighNetWorth #Institutions #CEX #BTC #Cryptocurrency #MarketTrends
🚀 Dormant Bitcoin Wallets Transfer Over 4,000 BTC in September
#Bitcoin #cryptocurrency #dormantwallets #BTC #blockchain #finance #PANews #wallets
According to PANews, dormant Bitcoin wallets moved a total of 4,066.81 BTC, valued at approximately $257 million, during September. This activity included the transfer of 250 Bitcoins from 2009, marking the first such movement in nearly 16 years. Wallets created in 2016 were the most active, transferring 1,883.46 BTC, followed by wallets from 2013, which moved 722.87 BTC. Additionally, significant transfers were also observed from wallets created in 2017, 2014, and 2015.#Bitcoin #cryptocurrency #dormantwallets #BTC #blockchain #finance #PANews #wallets
🚀 Ethereum(ETH) Drops Below 2,500 USDT with a 4.63% Decrease in 24 Hours
#Ethereum #ETH #Cryptocurrency #Bitcoin #Binance #MarketData #USDT #PriceDrop
On Oct 01, 2024, 15:10 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,500 USDT and is now trading at 2,488.439941 USDT, with a narrowed 4.63% decrease in 24 hours.#Ethereum #ETH #Cryptocurrency #Bitcoin #Binance #MarketData #USDT #PriceDrop
🚀 Retail Investors Show Increased Sophistication in Current Crypto Cycle
#RetailInvestors #CryptoCycle #Cryptocurrency #DigitalAssets #BullMarket #InstitutionalInvestment #ETFs #TradFi #MemeCoins
According to BlockBeats, on October 1, CoinDesk senior analyst James Van Straten noted that retail investors may not be as prevalent in the current cryptocurrency cycle and have become increasingly sophisticated.
James highlighted that retail investors were a significant factor in the previous cryptocurrency bull market, contributing to the rise in digital asset prices and market enthusiasm. Many of these investors entered the crypto market for the first time during the COVID lockdowns from 2021 to 2022.
The current bull market cycle, which began in mid-2023, is more institutionally driven. Presently, the main discussions revolve around ETFs and the gradual but steady adoption of traditional finance (TradFi). So far, retail investors have not returned in the same numbers, with meme coins being an exception.#RetailInvestors #CryptoCycle #Cryptocurrency #DigitalAssets #BullMarket #InstitutionalInvestment #ETFs #TradFi #MemeCoins
🚀 Total Contract Liquidations Reach $140 Million in Past Hour
#ContractLiquidations #140Million #LongPositions #ShortPositions #PANews
According to PANews, the total amount of contract liquidations across the network reached $140 million in the past hour. Of this amount, long positions accounted for $136 million, while short positions amounted to $3.69 million.#ContractLiquidations #140Million #LongPositions #ShortPositions #PANews
🚀 Soon Genesis Hackathon To Begin On October 20
#GenesisHackathon #Hackathon #SOON #PrizePool #OctoberEvent
According to Odaily, the SOON Genesis Hackathon is set to commence on October 20. The registration period for the event will be from October 1 to October 29. The total prize pool for the hackathon amounts to $40,000.#GenesisHackathon #Hackathon #SOON #PrizePool #OctoberEvent
🚀 Fenbushi Capital Faces Significant Losses Across Multiple Tokens
#FenbushiCapital #SUSHI #COMP #UNI #AAVE #ETH #CryptoLosses #TokenInvestments
According to PANews, Fenbushi Capital has experienced substantial losses in several tokens. The firm reported a $2.44 million loss in $SUSHI, representing a 90% decline, a $2.27 million loss in $COMP, an 82% drop, a $1.53 million loss in $UNI, a 42% decrease, and a $499,000 loss in $AAVE, a 15% reduction. Three hours ago, Fenbushi Capital sold assets totaling $5.14 million at a loss. The assets sold included 136,094 $EIGEN worth $514,000, 146,537 $UNI valued at $1.13 million, 10.17 million $SNT worth $244,000, 10,681 $COMP valued at $509,000, 11,616 $AAVE worth $1.9 million, 344,086 $SUSHI valued at $276,000, and 219 $ETH worth $576,000.#FenbushiCapital #SUSHI #COMP #UNI #AAVE #ETH #CryptoLosses #TokenInvestments
🚀 Fenbushi Capital Sells $5.14 Million in Crypto Assets
#FenbushiCapital #CryptoAssets #EIGEN #UNI #SNT #COMP #AAVE #SUSHI #ETH #CryptoLosses #Blockchain
According to BlockBeats, on October 1, Lookonchain monitoring revealed that Fenbushi Capital sold $5.14 million worth of crypto assets three hours ago. The assets sold include 136,094 EIGEN (approximately $514,000), 146,537 UNI (approximately $1.13 million), 10.17 million SNT (approximately $244,000), 10,681 COMP (approximately $509,000), 11,616 AAVE (approximately $1.9 million), 344,086 SUSHI (approximately $276,000), and 219 ETH (approximately $576,000).
The records indicate significant losses for Fenbushi Capital in this sale. The firm incurred a loss of $2.44 million (-90%) on SUSHI, $2.27 million (-82%) on COMP, $1.53 million (-42%) on UNI, and $499,000 (-15%) on AAVE.#FenbushiCapital #CryptoAssets #EIGEN #UNI #SNT #COMP #AAVE #SUSHI #ETH #CryptoLosses #Blockchain
🚀 Biden Pledges Support For Israel Amid Attacks
#Biden #Israel #USSupport #Defense #MiddleEast #RecentAttacks #AmericanPersonnel
According to BlockBeats, on October 2, President Joe Biden stated that the United States is prepared to assist Israel in defending against recent attacks and to protect American personnel in the region.#Biden #Israel #USSupport #Defense #MiddleEast #RecentAttacks #AmericanPersonnel
🚀 Hashdex Submits Revised Application For Nasdaq Crypto Index ETF
#Hashdex #Nasdaq #CryptoIndexETF #SEC #Bitcoin #Ethereum #Cryptocurrency
According to Odaily, asset management firm Hashdex has submitted a revised S-1 application for its Nasdaq Crypto Index ETF. The document indicates that the approval process with the U.S. Securities and Exchange Commission (SEC) is progressing. Previously, the SEC requested additional time to decide whether to authorize the fund for trading in August. Initially, the Hashdex Nasdaq Cryptocurrency Index U.S. ETF will include Bitcoin and Ethereum, but the document suggests it may eventually expand to include other cryptocurrencies.#Hashdex #Nasdaq #CryptoIndexETF #SEC #Bitcoin #Ethereum #Cryptocurrency
🚀 Bitwise Files For XRP ETF In Delaware
#XRP #ETF #Bitwise #Delaware #cryptocurrency #Ripple #BradGarlinghouse #institutionalinvestors #liquidity #adoption
According to Cointelegraph, an application for a Bitwise XRP exchange-traded fund (ETF) has been filed on the State of Delaware’s Division of Corporations website. Cointelegraph confirmed the filing with a Bitwise spokesperson.
The filing indicates that the Bitwise XRP ETF was incorporated on September 30, 2024. The registered agent for the ETF is CSC Delaware Trust Company, based in Wilmington, Delaware.
This application follows comments from Ripple’s CEO, Brad Garlinghouse, who recently suggested that an XRP ETF was “inevitable” after the launch of Bitcoin and Ether ETFs in the United States. The approval of an XRP ETF would provide institutional investors with a regulated investment vehicle to gain exposure to cryptocurrency, potentially increasing liquidity and adoption of the token.
Speculation about an XRP ETF has been ongoing. In November 2023, the price of XRP surged by 12% after a fake filing for a “BlackRock iShares XRP Trust” in Delaware led to rumors of an impending XRP ETF. BlackRock denied the application, and Delaware prosecutors are currently investigating the fraudulent filing.
This is a developing story, and further updates will be provided as more information becomes available.#XRP #ETF #Bitwise #Delaware #cryptocurrency #Ripple #BradGarlinghouse #institutionalinvestors #liquidity #adoption
🚀 Bitcoin(BTC) Drops Below 61,000 USDT with a 4.43% Decrease in 24 Hours
#Bitcoin #BTC #USDT #Cryptocurrency #MarketData #PriceDrop
On Oct 01, 2024, 20:22 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 61,000 USDT and is now trading at 60,884 USDT, with a narrowed 4.43% decrease in 24 hours.#Bitcoin #BTC #USDT #Cryptocurrency #MarketData #PriceDrop