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Lisk has launched a $15M EMpower Fund to support Web3 startups across Africa, LATAM, and Southeast Asia. The fund targets undercapitalized frontier markets where blockchain adoption is already mainstream but venture capital is scarce. With early bets on stablecoins, agritech, and digital lending, Lisk argues the next wave of Web3 unicorns may emerge outside the West.
Michael Saylor celebrates the start of "Uptober," signaling bullish sentiment for Bitcoin and crypto markets.Saylor Signals Bullish October With “Uptober”October: A Historically Bullish MonthBitcoin Bulls Regain Momentum
Bitcoin skyrockets to $118,000, setting a new all-time high and fueling bullish momentum across the crypto market.Bitcoin Blasts Past $118K in Record RallyWhat’s Fueling the BTC Breakout?What Comes Next?
Tether mints $2B USDT on Ethereum, fueling speculation of market moves ahead.Why This $2B Mint MattersSpeculation and Caution in the Air
Ethereum breaks out with its strongest quarterly candle, aiming for a $6,400 target. Is the bull run just beginning?Why $6,400 Could Be the Next StopWhat This Means for Traders and Investors
APAC crypto adoption expanded rapidly, with India leading by transaction volume and Japan posting fastest growth.
- 21:44JPMorgan: Powell did not dodge questions about a rate cut in OctoberJinse Finance reported that Michael Feroli, Chief U.S. Economist at JPMorgan, stated that Federal Reserve Chairman Jerome Powell's latest speech "solidified expectations for further rate cuts, which will begin at the next meeting from October 28 to 29." Feroli pointed out that the market was already quite convinced that the Federal Reserve was inclined to ease policy, but Powell's wording left almost no room for ambiguity. He said, "While hardly anyone doubts that the Fed will cut rates at the next meeting, today's speech is a strong confirmation of that expectation." Powell's remarks further strengthened investors' belief that, following a series of weaker inflation and labor market data, the Fed is preparing to lower interest rates again, thereby reinforcing market bets on a rate cut at the end of October.
- 21:43New York City Mayor Eric Adams launches the nation’s first city-level Office of Digital Assets and BlockchainJinse Finance reported that New York City Mayor Eric Adams has signed an executive order to establish the nation’s first “Office of Digital Assets and Blockchain,” aimed at coordinating cooperation between the crypto industry and the government and promoting compliant blockchain and crypto projects in New York. The office will be led by Moises Rendon, who has long been involved in the city government’s digital asset affairs. Its goals include promoting the responsible application of blockchain, attracting fintech talent, expanding financial inclusion, and driving New York to become a center for crypto innovation. Adams stated: “The era of digital assets has arrived, bringing us opportunities for economic growth, talent attraction, and service innovation.” Adams previously received his first three paychecks after taking office in bitcoin and led New York’s first crypto summit. His mayoral term will end at the end of the year, and he has withdrawn from the re-election race due to campaign funding issues.
- 21:33JPMorgan: Powell's speech reinforces expectations for a rate cut by the end of OctoberChainCatcher news, according to Golden Ten Data, JPMorgan Chief US Economist Michael Feroli stated that Federal Reserve Chairman Powell's latest speech has reinforced expectations of further interest rate cuts, which will begin at the next meeting from October 28 to 29. Feroli pointed out that Powell's wording left almost no room for ambiguity, further strengthening investors' belief that the Federal Reserve is preparing to lower interest rates again in response to weakening inflation and labor market data.