Bitget App
Trade smarter
News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
No results1Bitget Daily Digest（September 18）｜SEC Eases Listing Process for Digital Asset ETFs; Nothing secures $200 million in Series C funding; XRP and Dogecoin ETFs receive SEC approval.2Bitcoin Could Benefit From Further Fed Cuts, but FOMC Remains Divided on 2025 Rate Path3Ethereum Could Extend Rally From $3,900 Support Toward $5,800 as Open Interest Rises
Flash
- 08:30iZUMi Finance and Nasdaq-listed company CIMG jointly launch $20 million on-chain fund Upstarts FundChainCatcher news, multi-chain DeFi protocol iZUMi Finance announced the joint establishment of the Upstarts Fund with Nasdaq-listed company CIMG Inc., with a scale of 20 million USD. This fund aims to help traditional enterprises deploy capital into the digital asset sector through a compliant and transparent framework. The Upstarts Fund consists of three core segments: DeFi Liquidity Vault: Provides on-chain yields for listed company treasuries, deepens ecosystem liquidity, and accelerates DeFi application adoption; Premium Token Investment: Assists listed companies in institutional-level investment and allocation of high-quality digital assets; Tokenized Stock Trading Services: Promotes on-chain circulation of US stocks and tokenized stocks, further expanding the integration of traditional and digital assets. CIMG and iZUMi have already completed the first yield-generating Bitcoin DAT (Decentralized Asset Tokenization) product through this fund.
- 08:13After the Fed's rate cut, the US dollar rebounds and the euro retreats from a four-year highChainCatcher news, according to Golden Ten Data, the euro against the US dollar (EUR/USD) retreated from the four-year high reached on Wednesday. After the Federal Reserve decided to cut interest rates by 25 basis points, the US dollar initially weakened following the announcement, but then quickly reversed and strengthened. ING analyst Francesco Pesole pointed out that the rebound was amplified by the "sell the news" effect and position adjustments. Nevertheless, he believes that the Federal Reserve still hinted at multiple rate cuts, so the euro may regain its upward momentum, and ING continues to maintain its target for EUR/USD to rise to 1.2 in the fourth quarter.
- 08:06Analyst: The Federal Reserve appears slightly hawkish, gold may pull back to $3,600 in the short termJinse Finance reported that Marex analyst Edward Meir stated, "The Federal Reserve's overall stance on interest rates is slightly hawkish, and they are not truly enthusiastic about supporting rate cuts. Therefore, we have seen the US dollar strengthen after the Fed meeting, and US Treasury yields have also risen... I think in the short term, gold prices may be a bit overbought and could further retreat to the $3,600 mark."