News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitget Daily Digest(October 16)|SEC to Introduce Innovative Exemption Mechanism by End of 2025; Japan Plans Legislation to Ban Crypto Insider Trading; Aptos Partners with Reliance Jio to Launch Blockc2Chainlink holds 63% oracle market share as LINK price tests resistance3Top 3 Altcoins for November Gains: Experts Highlight ETH, ADA, and LINK
Flash
- 11:15Visa plans to build "on-chain finance" infrastructure to connect traditional finance with the DeFi marketChainCatcher News, Visa has released its latest report "Beyond Stablecoin Payments: On-Chain Lending Opportunities," redefining decentralized finance (DeFi) as "on-chain finance" and planning to build infrastructure that connects traditional financial institutions with on-chain lending protocols. The report shows that since 2020, the on-chain credit market has issued over $670 billions in stablecoin loans. Visa will not directly issue tokens or provide loans, but will focus on offering data, compliance, and infrastructure support to help banks and private credit funds access automated lending protocols.
- 10:53Data: The whale who shorted $140 million in BTC yesterday has increased their ETH long position to $35 million.According to ChainCatcher, on-chain analysts have monitored that a whale shorted $140 million worth of BTC yesterday and has increased their ETH long position to $35 million, with an average entry price of $4,052.91. Meanwhile, the BTC long position has not increased.
- 10:40Data: A mysterious whale has increased their ETH 3x long position, with the current position valued at approximately $19.7 million.According to ChainCatcher, on-chain analyst Ai Aunt (@ai 9684xtpa) monitored that the whale who shorted $140 millions worth of BTC yesterday also opened a 3x long position on ETH, with a position size of $19.7 millions (4,859.83 ETH) at an entry price of $4,056.06. In addition, the whale holds a 5x long BTC position with a size of $7.62 millions (68.42 BTC) at an entry price of $111,066.5.