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- 06:34Data: A certain whale address invested $5.5 million to buy HYPE at an average price of $46.3ChainCatcher News, on October 7, according to monitoring by Onchain Lens, a certain whale address deposited 5.5 million USDC into HyperLiquid and purchased 118,989 HYPE at an average price of $46.3.
- 06:33According to a report by a certain exchange, bitcoin has had a strong start, and the macro environment suggests that the crypto market may have passed the correction phase.ChainCatcher reported that an Alpha report from a certain exchange pointed out that bitcoin had a strong start in October, reaching a new all-time high, with an average historical increase of about 21%. One of the main factors behind bitcoin's recent rise is the easing of selling pressure, as whale sell-offs have slowed significantly. In addition, the macro environment is also improving, such as a dovish Federal Reserve, easing inflation, and renewed ETF capital inflows. All these indicate that the correction phase in the crypto market may have already passed.
- 06:33India to launch digital currency, remains cautious toward cryptocurrencies like Bitcoin that lack sovereign backingChainCatcher news, according to Aninews, India's Minister of Commerce and Industry, Piyush Goyal, revealed that India will soon launch a digital currency backed by the Reserve Bank of India (RBI) to leverage blockchain technology for faster and more secure transactions, similar to stablecoins in the United States. However, Piyush Goyal emphasized that the Indian government remains cautious about cryptocurrencies such as bitcoin that are not backed by sovereign entities, and pointed out that unregulated digital assets carry risks.