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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
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- 02:37Data: Gold becomes the first asset in history to reach a market value of 30 trillion USDChainCatcher News, according to 8marketcap data, gold has become the first asset in history to reach a market capitalization of 30 trillion USD. The total market value of gold jumped from 18 trillion USD in 2024 to the current 30 trillion USD, an increase of 12 trillion.
- 02:27Japanese and South Korean stock markets both closed higher, with the South Korean index reaching a new record high.Jinse Finance reported that South Korea's KOSPI index closed up 91.09 points, or 2.49%, at 3,748.37 points on Thursday, October 16, setting a new all-time high. The Nikkei 225 index closed up 605.07 points, or 1.27%, at 48,277.74 points on Thursday, October 16. (Golden Ten Data)
- 02:26Ripple announces $1 billion acquisition of financial management system company GTreasuryChainCatcher reported that Ripple announced the acquisition of financial management system company GTreasury for $1 billion. This transaction marks a significant expansion for Ripple, opening up the multi-trillion dollar corporate finance market and reaching numerous enterprise clients. GTreasury has over forty years of experience providing financial operations support to globally renowned brands. Ripple CEO Brad Garlinghouse stated: "For a long time, capital has been trapped in slow, outdated payment systems and infrastructure, resulting in unnecessary delays, high costs, and barriers to entering new markets—problems that blockchain technology is ideally suited to solve. The combination of Ripple and GTreasury's capabilities will bring the best of both worlds, finally enabling finance and treasury teams to put trapped capital to work, process payments in real time, and unlock new growth opportunities."