News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →Grayscale releases crypto asset valuation rankings, with Hype topping the yield list.
According to data from Biji Network: Grayscale's crypto asset valuation ranking shows that Hype tops the list with a holder yield of 8.0%, followed by Lit at 7.9% and Cake at 2.6%. In terms of adjusted earnings yield, Cake leads at 14.4%, Lit at 14.1%, and Hype at 9.8%. In the ranking, five assets including AAVE, Jup, and CRV have negative holder yields, with CRV at -5.5% and Jup at -2.6%. Grayscale calculates holder yield as staking rewards plus buybacks minus new token issuance. Jup's adjusted earnings yield is 3.5%, but its holder yield is negative.
The Ethereum Foundation has postponed the Glamsterdam upgrade to after October 26.
CoinWorld news, according to Cointelegraph, the Ethereum Foundation has announced that the Glamsterdam upgrade will be postponed until after October 26, due to the need for further research into the impact of EIP-8037 on mainnet smart contracts.
BTC perpetual contract open interest totals 15.411 billion USD.
According to data from Bijie.com: under the statistical methodology of selected mainstream platforms, the total notional value of open positions in BTC USDT-margined perpetual contracts is 15.411 billion USD.
The UAE led a 30-nation cross-border anti-fraud operation, identifying $39 billion in fraudulent funds.
According to an announcement by the UAE Ministry of Interior, the UAE led a joint transnational anti-fraud operation with 30 countries, Interpol, and 13 private institutions including Crypto.com, Mastercard, and Meta, codenamed "Confrontation Ghost," from July 1 to September 30, focusing on combating AI fraud, digital financial fraud, and online sextortion crimes. The operation identified more than $39 billion in funds and cryptocurrencies linked to fraudulent activities, involving over 15,500 victims and 3,500 suspects, with more than 960 arrests made cumulatively, 29 fraud centers raided, and over 4,100 bank accounts linked to fraud identified. Participating parties are currently pushing forward with the recovery of the relevant assets.
The number of declining stocks listed on the Nasdaq reported 1,662.
CoinWorld US stock data: Nasdaq securities declining today totaled 1,662. Compared with the same-caliber snapshot 24 hours earlier, this is down 39.03%; compared with the same-caliber snapshot 7 days earlier, it is down 46.2%.
Spot gold fell below $4,010 per ounce, down 0.36% on the day.
According to Bijie news, spot gold fell below $4,010 per ounce, down 0.36% on the day.
HSBC launches the Hong Kong dollar stablecoin HSBC Redcoin, supporting instant transfers.
CoinWorld data: According to the South China Morning Post, HSBC will roll out its Hong Kong dollar stablecoin HSBC Redcoin in phases to more than 3.3 million users of its PayMe app starting October 23, with the first phase supporting instant transfers between PayMe users and payments to merchants. Users can activate the Redcoin wallet after updating the app, without needing to open an additional account or meet a minimum balance requirement, and a full rollout is expected to be completed before the end of this week. HSBC also plans to fully integrate Redcoin into Hong Kong's mobile banking app before the end of the year, allowing users to instantly subscribe to assets such as tokenized money market funds with a minimum of HK$100, and will later expand to tokenized gold and third-party fund products.
The selloff in U.S. tech stocks has reignited demand for safe-haven assets, pushing the yen to a one-month high.
According to CoinWorld news, as the U.S. tech stock sell-off intensifies, investors are flocking to traditional safe-haven assets including the yen, Japanese government bonds, and U.S. Treasuries, driving the yen higher to its strongest level in more than a month. After trading in a narrow range for several weeks, the yen broke out against the dollar over the past 24 hours and has now recovered to its highest level since September 18 (the day the Bank of Japan raised interest rates). During Friday's Tokyo trading session, the yen rose as much as 0.4% against the dollar, touching 156.08. On Thursday, the yen had already posted a 0.9% gain. As investors continued to pull money out of tech stocks, Asian equities followed Wall Street lower. Japanese benchmark 10-year government bond prices surged, with yields falling 10 basis points in tandem, while U.S. Treasuries largely held onto Thursday's gains. Carol Kong, a strategist at Commonwealth Bank of Australia, said that as a safe-haven asset, the yen is favored over the dollar. She added that if the unwinding of tech stock positions intensifies further, the yen could strengthen even more against the dollar.
Japan's core inflation exceeds the central bank's target, reinforcing the likelihood of a near-term rate hike.
Japan's September core consumer inflation exceeded the central bank's 2% target for the first time in nine months, indicating that price pressures are broadening and reinforcing the case for a recent interest rate hike. Data show that the Middle East conflict is driving up fuel costs, a weak yen is raising import prices, and price pressures from strong AI demand are undermining the effectiveness of government fuel subsidies. Masato Koike, senior economist at Sompo Institute Plus, said core inflation is expected to accelerate due to higher energy costs caused by the Middle East conflict and its subsequent second-round effects. However, since prices have not accelerated sharply, there is little need for consecutive rate hikes in October, and the Bank of Japan's next rate hike is expected in December. Marcel Thieliant, head of Asia-Pacific at Capital Economics, expects the Bank of Japan to keep policy unchanged next week but to signal continued concern about upside inflation risks.
Federal Reserve interest rate outlook drives gold prices to their biggest drop in four months.
Data from Bihaiwang: Gold prices weakened on Friday due to the outlook for Federal Reserve interest rates, and the weekly decline is expected to be the largest in more than four months. Soaring oil prices and strong U.S. economic data have intensified market expectations that the Federal Reserve will keep interest rates high for longer. Elevated energy prices increase the opportunity cost of holding non-yielding gold. The number of Americans filing for initial unemployment benefits fell last week to the lowest level in nearly 57 years, indicating a modest rebound in job growth in October. Market focus has shifted to the Federal Reserve's policy meeting on October 27-28 and the PCE data to be released next week, a key indicator closely watched by the Federal Reserve.