News

Market Overview

Federal Reserve Chair Jerome Powell said the central bank is nearing a point where it will stop reducing the size of its bond holdings and opened the door to potential rate cuts.
China’s consumer prices declined more than expected in September, with a decline of more than forecast, and producer prices continued to fall at a slower pace.
The International Monetary Fund lifted the global growth forecast for this year and next, as the impact of trade tariffs has been less severe than initially expected, but warned that policy uncertainty remains high.

US Spot ETF Flows

US BTC Spot ETF Flows

US ETH Spot ETF Flows

Crypto Liquidations Summary

• S&P Global Ratings partnered with Chainlink to launch Stablecoin Stability Assessments (SSAs) on Base on Tuesday, providing onchain risk ratings from 1 (very strong) to 5 (weak) for stablecoins’ ability to maintain their peg, marking the first time S&P Global Ratings data is directly accessible onchain as the stablecoin market surpassed $300 billion.
• Bitcoin’s 180-day correlation with gold has surpassed 0.85 according to data from CryptoQuant.
• Nansen data revealed that BNB Chain transactions exceeded 500 million in the last 30 days, ranking it second to Solana in transaction count, as of the latest available data.
• Metaplanet, a Japanese Bitcoin treasury company, paused Bitcoin purchases for two weeks, subsequently seeing its enterprise value slip below the value of its Bitcoin holdings, affecting its overall valuation.
• Binance and BNB Chain have pledged $728 million to support traders who suffered losses during a recent sell-off, while maintaining that the exchange is not responsible for users’ financial losses.