News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.

- Trump narrows Fed chair search to five candidates, including Waller, Rieder, and Hassett, with decision expected by December. - President criticizes outgoing Chair Powell for "stifling growth" via delayed rate cuts, demanding a more accommodative monetary policy. - Finalists blend academic, Wall Street, and government experience, reflecting Trump's balance of expertise and ideological alignment. - Bessent leads interviews after Yellen's withdrawal, streamlining a process criticized for its accelerated ti

- U.S.-China trade truce averts 100% tariffs and rare-earth curbs, boosting crypto markets with BTC surging to $113,700 and ETH above $4,040. - Institutional investors accumulate $870M in ETH, while niche projects like Bitcoin Hyper ($HYPER) and Snorter Bot ($SNORT) secure $24.4M and $5.6M in presales. - BlackRock expands Bitcoin ETP to London, signaling traditional finance's growing crypto adoption, but risks linger from fragile negotiations and Fed rate uncertainty.

- Brazil's Lula and Trump discussed a trade deal during their ASEAN summit meeting, with Lula claiming Trump "guaranteed" a resolution despite U.S. tariffs on Brazilian goods. - The U.S. imposed 50% tariffs in July over legal actions against Bolsonaro, which Lula called "mistaken," presenting a written defense during talks. - Lula highlighted Brazil's $410B trade surplus with the U.S. and urged Trump to leverage Brazil's regional influence, including Venezuela diplomacy. - Brazil resumed chicken exports to

- FOMC to cut rates by 25 bps in October 2025, second cut this year, targeting 3.75%-4% range. - Cooling labor market and subdued inflation drive decision, with manufacturing/retail data to shape future adjustments. - Consumers see limited relief: mortgage rates near 6.34%, credit card rates at 20.03% remain largely unaffected. - Trump pressures Fed for aggressive cuts, but officials warn against inflation risks from tariffs and immigration policies. - Markets expect 1% rate cuts by 2026 end, with mortgage

- India's Madras High Court ruled crypto as property, blocking WazirX from redistributing a user's 3,532 XRP to offset hack losses. - The decision reinforces legal protections for digital assets, setting a precedent for investor rights and clearer regulatory frameworks. - By rejecting WazirX's "socialization of losses" plan, the court emphasized crypto custody distinctions and trust obligations for unaffected assets. - Experts highlight the ruling's impact on India's crypto ecosystem, aligning with global

If you are a cryptocurrency newbie in need of a reliable hands-on approach, this article is prepared for you.

- The U.S. Fed cuts rates by 25 bps for the second consecutive meeting, signaling potential policy easing amid a government shutdown and global trade tensions. - Big Tech earnings spotlight AI monetization, with Microsoft's Azure and Amazon's AWS under scrutiny as $420B AI spending by 2026 drives growth but risks margin pressures. - A preliminary U.S.-China trade deal delays Trump's 100% tariffs and resumes soybean purchases, marking de-escalation after months of escalating tensions. - Fed's rate cut coinc

- Fed plans 2025 rate cuts to boost growth amid slowing economy, with 3% inflation above 2% target. - Markets expect 150-200 basis points of easing by 2026, driving $7.4T liquidity into stocks, Bitcoin, and bonds. - Wall Street indices surged on rate-cut optimism, with tech giants and Ford shares rising despite profit warnings. - Bitcoin gains traction via $26B ETF inflows, while global markets adapt to lower rates through stablecoins and regulatory scrutiny.

- Banco de Chile (BCH) faces October 28 earnings scrutiny amid Chile's November presidential election, with bullish investors linking its performance to potential economic reforms under conservative candidate Kast. - Analysts project $0.64/share earnings and $784M revenue but assign a cautious $32 price target (3.6% below current price), citing BCH's volatile quarterly results including a 99.5% miss in March 2025. - The stock's 6.63% dividend yield and 19.98% five-year growth rate attract income investors,

- Snorter Bot's SNORT presale enters final 24 hours, having raised $5.6M with 100x price forecasts. - Built on Solana, the bot enables ultra-fast meme coin sniping with rug-pull detection and 0.85% trading fee discounts. - A 50% token burn doubled remaining holdings' value, while analysts cite Banana Gun's 230x return as comparable potential. - Investors can purchase SNORT via multiple currencies with 102% APY staking rewards, as presale ends October 27.
- 18:38OpenAI: Total investment in AI infrastructure is approximately $1.4 trillionJinse Finance reported that OpenAI CEO Sam Altman stated the company's total infrastructure construction commitments slightly exceed 30 gigawatts, with a total investment of approximately $1.4 trillion. The company's vision is to build infrastructure factories capable of producing 1 gigawatt of computing power per week, and to significantly reduce AI computing costs to about $20 billion per gigawatt over a five-year lifecycle.
- 18:17Nvidia launches NVQLink interconnect system to integrate AI supercomputing with quantum computingJinse Finance reported, citing The Wall Street Journal, that although Nvidia (NVDA.O) has not independently developed a quantum computer, CEO Jensen Huang is betting that the company will play a key role in the future development of this technology. In his keynote speech at the GTC conference held in Washington, he officially launched the NVQLink interconnect system—a technology that can connect quantum processors with the AI supercomputers required for their efficient operation. "NVQLink is the 'Rosetta Stone' connecting quantum and classical supercomputers," Huang stated. Quantum processors represent a completely new computing paradigm, leveraging the principles of quantum physics to solve problems that traditional computers cannot crack, demonstrating enormous potential in fields ranging from scientific exploration to financial modeling. However, to realize their commercial value, quantum processors must be integrated with high-performance classical computers: the latter execute computations that quantum devices cannot complete and correct their inherent errors—a process known as "error correction." Tim Costa, General Manager of Nvidia's Industrial Engineering and Quantum Division, admitted that existing connection solutions have failed to meet the speed and scale requirements needed for rapid, large-scale error correction. Nvidia claims that its new interconnect technology is the first solution capable of fulfilling the promise of large-scale quantum computing.
- 18:04Data: If ETH falls below $3,924, the total long liquidation volume on major CEXs will reach $1.641 billionsAccording to ChainCatcher, citing data from Coinglass, if ETH falls below $3,924, the cumulative long liquidation intensity on major CEXs will reach $1.641 billions. Conversely, if ETH breaks above $4,334, the cumulative short liquidation intensity on major CEXs will reach $1.548 billions.