ChainCatcher message: According to the latest data from CCData, Binance's cumulative spot and derivative trading volume has surpassed 1 trillion USD, leading other platforms by a wide margin and ranking first among global cryptocurrency exchanges. OKX ranks second with 200 billion USD, followed closely by Bybit and Bitget, which are in third and fourth place, respectively.

ChainCatcher news, according to Coindesk, based on two memos released by the U.S. Securities and Exchange Commission, the New York Stock Exchange will be allowed to list and trade options for the Grayscale Bitcoin Trust (GBTC), Grayscale Bitcoin Mini Trust (BTC), and Bitwise Bitcoin ETF (BITB).Cboe Global Markets has been approved to list and trade options for the Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB). A few weeks ago, the U.S. Securities and Exchange Commission approved Nasdaq's rule proposal allowing options for BlackRock's iShares Bitcoin Trust (IBIT) to be listed and traded.Many market participants believe that options trading on Bitcoin ETFs will increase institutional interest in cryptocurrencies and enhance overall liquidity.

ChainCatcher news, according to Bloomberg, informed sources revealed that asset management company BlackRock and its brokerage partner Securitize are in preliminary negotiations with several large cryptocurrency exchanges to discuss using BlackRock's new BUIDL token as collateral for derivative trading. These exchanges include Binance, OKX, and Deribit. BlackRock's token has a minimum investment of $5 million and is designed for qualified institutional investors.Two brokers, FalconX and Hidden Road, have already allowed their clients (including hedge funds) to use BUIDL as collateral. Custodian Komainu stated on Thursday that clients eligible to invest in BUIDL will be able to use the token as collateral to trade through Hidden Road.Like other money market funds and most stablecoins, BUIDL's value is pegged at $1, with its investments including U.S. Treasury bills, cash, and repurchase agreements. However, unlike stablecoins such as Tether's USDT and Circle's USDC, BUIDL pays interest to holders, which may increase its appeal to derivative traders.

ChainCatcher news, according to Trader T's monitoring, BlackRock's IBIT pre-market trading volume reached 10 million dollars today, with 64% being active buy orders and 22% being active sell orders.

ChainCatcher news, according to monitoring by IntoTheBlock, USDT and USDC currently account for nearly 50% of the total trading volume of major crypto assets, highlighting the key role that stablecoins play in providing liquidity and stability to the market.

ChainCatcher news, Hong Kong stock market data shows that as of the market close, the trading volume of 6 Hong Kong virtual asset ETFs today was approximately 15.29 million HKD.Among them:Huaxia Bitcoin ETF (3042.HK) had a trading volume of 8.48 million HKD;Huaxia Ethereum ETF (3046.HK) had a trading volume of 2 million HKD;Harvest Bitcoin ETF (3439.HK) had a trading volume of 1.63 million HKD;Harvest Ethereum ETF (3179.HK) had a trading volume of 437,000 HKD;Bosera HashKey Bitcoin ETF (3008.HK) had a trading volume of 2.58 million HKD;Bosera HashKey Ethereum ETF (3009.HK) had a trading volume of 164,800 HKD.

ChainCatcher message, according to DefiLlama data, the OKX Web3 wallet trading aggregator has grown by over 200% in the past month, leading the growth among top DEX aggregators.It is reported that the OKX Web3 wallet trading feature supports mainstream popular networks such as EVM, Solana, Sui, Aptos, and TON, aggregating mainstream DEXs on-chain, and supports the most public chains among top aggregators. Users can safely and conveniently trade tokens across multiple platforms, including web, plugins, apps, and Telegram Mini Wallet.

ChainCatcher news, DWF Labs announced that its trading platform will expand to options trading for Web3 assets. In addition to offering standard options contracts, DWF Labs will also outline options products tailored to specific customer needs.

ChainCatcher news, former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, stated on social media: "One day, people will realize that the biggest users of Bitcoin ETFs and most of the trading volume come from hedge funds, which are arbitraging between spot and futures, perpetual contracts. The inflow of funds is mainly not directional, only marginally impactful."Raoul Pal believes that most of the funds flowing into Bitcoin ETFs are not based on investors betting on the long-term rise and fall of Bitcoin (i.e., directional investment). Instead, this capital primarily comes from hedge funds using ETFs for short-term arbitrage, aiming to profit from price differences rather than relying on the price movement of Bitcoin itself, and most of the activity does not reflect the broader market sentiment towards Bitcoin's price trends.

ChainCatcher news, according to the official announcement, OKX will launch spot trading for Banana Gun (BANANA), and the BANANA/USDT spot trading will open on October 18, 2024, at 18:00 Beijing time.

ChainCatcher news, according to Bloomberg, research firm Kaiko stated that the wash trading strategy used to enhance the value of the FBI-created token NexFundAI remains a common practice on decentralized exchanges (DEX) and can also be encountered on certain centralized exchanges.In a report on Thursday, Kaiko analysts indicated that their data shows that among over 200,000 assets on Ethereum DEX, many lack utility and are controlled by individuals; some token issuers are establishing short-term liquidity pools on the exchange Uniswap, controlling the liquidity in the pools and engaging in wash trading to attract other investors; once others enter, the issuers sell off the tokens, achieving returns of up to 22 times their initial Ethereum investment within about 10 days; this analysis reveals widespread fraudulent behavior among token issuers, extending beyond the scope of the FBI's NexFundAI investigation.Kaiko noted that certain centralized exchanges, such as HTX and Poloniex, also appear to have wash trading. According to Kaiko, these exchanges have the highest number of assets, with trading volume to liquidity ratios exceeding 100 times, which may be an indication of wash trading.Kaiko also stated, "We can also see that tokens such as meme coins, privacy coins, and low market cap altcoins often exhibit abnormally high trading volume to depth ratios." Taking the meme coin Pepe as an example, Kaiko found that "in 2024, there is a significant divergence in trading volume trends between HTX and other platforms. The PEPE trading volume on HTX remains high, even increasing in July, while the trading volume on most other exchanges has declined."

ChainCatcher news, according to the official announcement, Binance will end pre-market trading for Scroll (SCR) on October 21, 2024, at 17:00 (UTC+8), and will open the SCR/BTC, SCR/USDT, SCR/FDUSD, and SCR/TRY spot trading pairs on October 22, 2024, at 16:00 (UTC+8). The SCR deposit channel is now open, and SCR withdrawals are expected to be available on October 23, 2024, at 16:00 (UTC+8). The transfer function will be restored before 18:00 (UTC+8) on October 21, 2024. Seed tags will apply to SCR.

ChainCatcher news, according to Onchain Lens monitoring, a smart money trader has made a profit of over $4.2 million (approximately 6130%) through GOAT trading in just 15 days, and a profit of $145,000 (approximately 4000%) through LABUBU trading.In the past 6 days, this trader spent 411.6 SOL ($63,000) to purchase 15 million GOAT, selling 1.73 million GOAT at a price of 86 SOL ($13,000). This trader currently holds 13.36 million GOAT, worth over $4.28 million.Previously, this trader exchanged 25 SOL ($3,785) for 35.64 million LABUBU, sold 5.12 million LABUBU at a price of 175 SOL ($26,000), and transferred 28.47 million LABUBU to 3 different wallets, making a profit of over $145,000.

ChainCatcher message, regarding Zhu Su's previous post involving Arthur Hayes, Arthur Hayes responded to Zhu Su saying: "The only true information in your post is that both of us worked at Deutsche Bank. When you are ready to cooperate with the BVI liquidators, please do so as soon as possible and stop making creditors pay legal fees. BitMEX will accept the court's decision as appropriate, but I will not engage in backdoor dealings as you did with CoinFlex, Hodlenaught, Ox, etc."It is reported that Zhu Su previously stated that most of the work he did was for Arthur Hayes, and that the two worked together at the same bank counter at Deutsche Bank in Hong Kong, possibly having two or three dozen close mutual friends. Zhu Su claimed to have provided many collaboration opportunities to Arthur Hayes, leading many creditors who incurred losses to seize these opportunities. Earlier this year, after Arthur Hayes indicated that this affected his ability to conduct business, Zhu Su withdrew the Expedited Protection Order against Arthur Hayes.

ChainCatcher news, according to Trader T's monitoring, BlackRock IBIT's pre-market trading volume today reached 14 million dollars, with 37% being active buy orders and 12% being active sell orders.

ChainCatcher news, Orderly Network announced on social media that it will integrate with Solana and deploy a treasury, becoming the first full-chain order book platform to support both EVM and non-EVM, allowing users from different public chains to trade perpetual contracts through Orderly Network's unified cross-chain shared order book.Orderly Network recently surpassed a total trading volume of $83 billion. It currently covers multiple mainstream blockchains, including Arbitrum, Base, Mantle, Ethereum mainnet, Optimism, and Polygon, providing over 50 trading markets for traders and decentralized exchanges, achieving liquidity and trading infrastructure across the entire chain.Following the successful deployment of the treasury on Solana, Solana users can now deposit assets on the Orderly platform and trade with counterparties on other supported chains without cross-chain transactions. The integration of the testnet has already been completed, and the mainnet integration is expected in November.

ChainCatcher news, according to the Hong Kong Economic Journal, China Merchants Yonglong Bank has officially launched trading services for virtual asset exchange-traded funds (ETFs) in the Hong Kong stock market, becoming one of the first Chinese-funded banks in the Hong Kong region to offer virtual asset ETF trading services.

ChainCatcher news, according to the official announcement, the South Korean cryptocurrency exchange Upbit will list Injective (INJ) on the KRW and USDT markets, with trading support starting at 18:15 local time on October 17.

ChainCatcher news, Hong Kong stock market data shows that as of the market close, the trading volume of 6 Hong Kong virtual asset ETFs today was approximately 12.87 million HKD.Among them:Huaxia Bitcoin ETF (3042.HK) had a trading volume of 4.33 million HKD;Huaxia Ethereum ETF (3046.HK) had a trading volume of 467,000 HKD;Harvest Bitcoin ETF (3439.HK) had a trading volume of 5.65 million HKD;Harvest Ethereum ETF (3179.HK) had a trading volume of 77,000 HKD;Bosera HashKey Bitcoin ETF (3008.HK) had a trading volume of 2.09 million HKD;Bosera HashKey Ethereum ETF (3009.HK) had a trading volume of 262,000 HKD.