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JPYC Introduces Japan's First Stablecoin, Underpinned by Bank Deposits and Government Bonds, on Ethereum and Polygon Networks
Whales Pull $188M from Binance Amidst Skyrocketing Holder Accumulation Ratio, Indicating High Investor Confidence in Chainlink
Following the 33rd Quarterly Token Burn, BNB Reclaims 4th Spot and Eyes $1,500 Price Point
Bitcoin and Ethereum Lead 2% Rally as Macroeconomic Tensions Subside
Shortlist Features Two Incumbent Fed Governors, a Former Board Member, and Two External Executives for Powell's Successor
BitMine Immersion Technologies' Ambitious Pursuit of 5% ETH Acquisition Goal Bolstered by $14.2 Billion in Crypto and Cash Holdings
The Bitcoin community is facing internal division over the purpose of the blockchain, with the core controversy centered on whether to modify the code to accommodate more non-financial transaction data. The Core camp supports relaxing restrictions to expand use cases and increase miner revenue, while the Knots camp opposes this and has launched its own client software. Summary generated by Mars AI. This summary is generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative updates.
- 01:38Hong Kong gold stocks opened lower, China Gold International down 3.3%Hong Kong-listed gold stocks opened lower, with China Gold International (02099.HK) down 3.3%, Tongguan Gold (00340.HK) down 2.9%, Shandong Gold (017817.HK), Lingbao Gold (03330.HK), Zijin Gold International (02259.HK), Zijin Mining (02899.HK), and Chifeng Gold (06693.HK) all down more than 1%.
- 01:37The dYdX community will vote on a proposal to jointly compensate traders affected by the service outage with $462,000.Jinse Finance reported, citing Cointelegraph, that the dYdX community will vote on a $462,000 compensation proposal aimed at reimbursing traders affected by an 8-hour service outage during last month's historic liquidation event.
- 01:30S&P Global assigns Strategy a "B-" credit rating, categorizing it as junk bond level but with a stable outlookOn October 28, it was reported that S&P Global Ratings has assigned a "B-" credit rating to the largest bitcoin treasury company, Strategy, categorizing it as speculative and non-investment grade (commonly referred to as "junk bonds")—but at the same time noted that the outlook for this bitcoin treasury company remains stable. In a report released on Monday, S&P stated: "We believe that Strategy's high bitcoin concentration, single business structure, weak risk-adjusted capital strength, and insufficient US dollar liquidity are all weaknesses in its credit profile." Reportedly, Strategy has accumulated a reserve of 640,808 bitcoins through stock and debt financing. S&P pointed out that the stable rating outlook assumes the company will prudently manage convertible bond maturity risks and maintain preferred stock dividend payments, which may require further debt issuance. S&P Global also emphasized that Strategy faces "inherent currency mismatch risk"—all of its debt is denominated in US dollars, while most of its US dollar reserves are used to support the company's software business, which is currently roughly breaking even in terms of revenue and cash flow.