News

Market Overview

The Conference Board released a report on Tuesday showing a bigger than expected decrease by its reading on U.S. consumer confidence in the month of September, with the consumer confidence index sliding to 94.2 in September from an upwardly revised 97.8 in August.
Germany’s consumer price inflation accelerated for a second straight month in September and at a faster than expected pace to reach its highest level in nine months, with the EU measure also following a similar trend to hit its strongest level since February.
The Labor Department released a report on Tuesday showing job openings rebounded in the month of August, with job openings rising to 7.227 million in August from an upwardly revised 7.208 million in July.

US Spot ETF Flows

US BTC Spot ETF Flows

US ETH Spot ETF Flows

Crypto Liquidations Summary

• Visa has launched a stablecoin pilot using USDC and EURC to enable real-time cross-border payouts, aiming to modernize treasury operations by leveraging blockchain technology for faster and more efficient international transactions.
• Base’s DX terminal NFTs experienced a more than 1,000% increase in transactions over the previous month, reaching 1.27 million transactions to rank first in sales counts.
• Stripe has launched a new “open issuance” tool that enables companies to easily build, launch, and manage their own stablecoins, including the management of token reserves.