ChainCatcher news, according to Lookonchain monitoring, the Pump.fun fee account sold 40,000 SOL (worth 6.68 million USD) again 5 hours ago.Pump.fun has generated a total revenue of 969,945 SOL (162 million USD) to date, selling 503,343 SOL (78.7 million USD) at an average price of 156.4 USD.

ChainCatcher news, the Indonesian Commodity Futures Trading Regulatory Agency (Bappebti) has announced an extension for cryptocurrency trading platforms to obtain the Physical Crypto Asset Trader (PFAK) license.This decision was made based on Bappebti Regulation No. 9 of 2024, which stipulates that cryptocurrency trading platforms must comply with the latest regulatory standards before the last week of November 2024. This regulation marks the third amendment to the rules governing the organization of trading in physical crypto assets, which were originally established in 2021. It outlines the transition from the current temporary status of registered cryptocurrency trading platforms (CPFAK) to the fully licensed PFAK status.These changes, including the extension, allow potential crypto trading platforms more time to fulfill the necessary obligations, such as becoming members of futures trading platforms and crypto futures clearinghouses. The new regulations provide additional time for crypto trading platforms and broaden the participation in the crypto market. Previously, only individuals were allowed to become clients of crypto assets. The new guidelines permit legal entities and commercial enterprises to trade crypto assets.

ChainCatcher message, recently Forbes published an article stating that the "possible reason" for the rise of Bitcoin is the market's expectation that Donald Trump will win the presidential election in two weeks, driving the strong performance of this cryptocurrency.

ChainCatcher news, Scroll announced on its official blog the launch of its first airdrop, which allocates 7% of the total supply of SCR. The main contributor categories include:Community Airdrop: Participants who contributed through on-chain activities;Ecosystem Projects: Projects built on Scroll, focusing on growth and innovation;Industry Contributors: Technical contributors, ZK researchers, open-source developers, public goods organizations, and educational data providers supporting the broader Ethereum ecosystem;Global Community: Global community organizers, hackathon winners, Road to DevCon participants, and Ethereum translators who support Scroll's mission.Airdrop claim details are as follows:Snapshot: The snapshot used to assess eligibility for the Scroll First Airdrop was taken at 00:00 UTC on October 19, 2024.Airdrop Claim Open: Eligible recipients can start claiming from 07:00 UTC on October 22, 2024.How to Claim: Visit the official airdrop claim page, which will remain password protected until the airdrop claim officially opens.Claim Period: Scroll's first airdrop will be open for 90 days.

ChainCatcher message, Fed's Logan stated that if the economy meets expectations, a gradual rate cut is anticipated. (Jin Ten)

ChainCatcher news, according to a report by the Financial界, the Secretary for Financial Services and the Treasury, Xu Zhengyu, stated in the blog "财库论" that the government plans to optimize the current tax incentives provided to the asset and wealth management industry in multiple ways to further expand the market.In terms of expanding the eligible asset categories, Xu Zhengyu mentioned that the authorities suggest broadening the eligible asset categories in line with the overall financial development strategy of the Treasury, adding carbon emission derivatives/emission allowances, insurance-linked securities, loans and private debt investments, and virtual assets, allowing for tax exemptions on the trading of such assets. On the other hand, it is proposed that anyone operating financial institution business, insurance business, or lending business in Hong Kong, who holds a beneficial interest of 10% or more in a fund, will be deemed to derive taxable profits from income earned from loans or private debt investments related to that fund. If the fund is associated with that person, any percentage of beneficial interest will apply. The next step for the Treasury is to issue a consultation document on the overall proposal, collect and analyze opinions, and then propose relevant legal amendments to implement various optimizations, adding momentum to industry development.

ChainCatcher news, Matrixport released a chart stating that this year, the trading volume of Bitcoin options has significantly increased, indicating that more mature traders are entering the market. With the SEC's recent approval of options trading for Bitcoin spot ETFs, trading volume is expected to rise further, especially with the tilt towards BlackRock's Bitcoin spot ETF (IBIT), which is likely to attract more institutional investors and deepen their focus on the crypto market.

ChainCatcher news, the Bank of Korea, Financial Services Commission, and Financial Supervisory Service are scheduled to conduct real CBDC transaction tests with 100,000 ordinary citizens and commercial banks in December. Due to the banks' own system reforms, it has been postponed to early next year. The actual transaction tests will be conducted after the bank system restructuring and security checks are completed, followed by beta testing.

ChainCatcher news, Token Unlocks data shows that tokens such as ADA, GAL, and EIGEN will experience significant unlocks this week, including:Cardano (ADA) will unlock approximately 18.53 million tokens at 8 AM Beijing time on October 22, accounting for 0.05% of the current circulation, valued at about 6.78 million USD;Galxe (GAL) will unlock approximately 587,000 tokens at 8 AM Beijing time on October 22, accounting for 0.46% of the current circulation, valued at about 1.2 million USD;Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens at 3 AM Beijing time on October 23, accounting for 0.69% of the current circulation, valued at about 4.8 million USD;Ethena (ENA) will unlock approximately 12.86 million tokens at 3 PM Beijing time on October 23, accounting for 0.47% of the current circulation, valued at about 5.3 million USD;Yield Guild Games (YGG) will unlock approximately 14.08 million tokens at 10 PM Beijing time on October 27, accounting for 3.64% of the current circulation, valued at about 7.84 million USD.In addition, Fetch.ai (FET) and SingularityNET (AGIX) will also see token unlocks of varying scales this week.

ChainCatcher news, the fully digital public infrastructure PlatON has reached a strategic cooperation with UXUY, successfully integrating the UXUY Telegram wallet, which will provide comprehensive fiat and digital currency services for the Telegram ecosystem, aiming to bring a seamless payment experience to 900 million users.UXUY, incubated and invested by Binance Labs, is the next-generation decentralized multi-chain infrastructure. Based on the Telegram ecosystem, UXUY offers multi-chain DApp access services and an application center, and provides comprehensive support such as technology and traffic for qualified DApps through the Puzzle Plan. PlatON's Web3.0 payment clearing system TOPOS supports merchants and users in non-custodial holding of Web3 assets. This collaboration aims to provide global merchants and users with secure and efficient payment solutions, accelerating the global adoption and application of stablecoins. Both parties will jointly explore more possibilities for Telegram in the payment field, leveraging the TOPOS payment clearing system to offer better exchange rate support and lower transaction fees for a wide range of merchants and users.UXUY founder Kevin stated, "Telegram users can access the PlatON ecosystem with one click through UXUY, experiencing seamless instant digital currency exchange and fund access. We will actively promote subsequent cooperation to jointly improve the crypto multi-chain landscape of Telegram."

ChainCatcher news, according to Jinshi reports, the CFO of American Express stated that the Federal Reserve's rate cuts are insufficient in magnitude and timing to affect consumer patterns.

ChainCatcher news, semiconductor leader TSMC held a corporate briefing on the 17th of last year, announcing its Q3 financial report and Q4 financial forecast. The impressive results not only caused TSMC's ADR (American Depositary Receipt) to surge by 12% at one point, but also led to a significant increase in TSMC's stock price, reaching 1100 NTD during trading this morning, a rare historical high, closing at 1085 NTD, with an increase of 4.83%. TSMC's recently released Q3 financial report shows that the company's revenue and profits significantly exceeded market expectations.According to the latest data, the consolidated revenue for the quarter reached 759.69 billion NTD, indicating that the company's operational status remains robust. The strong global demand for artificial intelligence hardware is also one of the key factors driving TSMC's performance growth. Analysts point out that the ongoing AI boom will continue to enhance TSMC's revenue expectations and effectively alleviate market concerns about insufficient chip demand.

ChainCatcher message, Greeks.live researcher Adam posted on social media:11,000 options are expiring, Put Call Ratio is 0.78, maximum pain point is $64,000, notional value is $1.26 billion;138,000 Ethereum options are expiring, Put Call Ratio is 0.61, maximum pain point is $2,500, notional value is $360 million.Bitcoin has rebounded significantly this week, while Ethereum's rebound has been relatively weak. This week, the open interest for Ethereum options is less than 30% of Bitcoin's, and from the implied volatility perspective, the IV for ETH at-the-money options for about a month is only 4% higher than that of BTC, and it continues to decline.

ChainCatcher news, Matrixport released a report stating that in early February 2024, Matrix on Target predicts that the price of Bitcoin will reach $70,000 by the end of the year, when the price of Bitcoin was around $42,000. Although some consider this prediction conservative, it already represents a significant increase of +65% based on the price at that time. As of now, the price of Bitcoin fluctuates below $70,000, indicating that overcoming this psychological barrier still poses challenges, but the overall prediction is roughly accurate.We believe that Bitcoin is likely to break through the $70,000 mark, and developments in the U.S. political landscape will influence market sentiment. If Trump is re-elected as president in 2025, it is expected that his support for business and skepticism towards the Federal Reserve's policies will create a favorable environment for Bitcoin. Although Trump has previously criticized cryptocurrencies, his policy direction will benefit the market development of Bitcoin. During his previous term, he promoted economic growth through deregulation and tax policies, which are favorable trends for Bitcoin and the cryptocurrency market.Therefore, while our predicted closing price of $70,000 by the end of the year is accurate, it may be too conservative. Last week, we noticed that investors had not yet begun to position themselves in preparation for a Trump victory. Subsequently, Bitcoin experienced a significant increase of 8%. As the probability of a Trump victory rapidly rises, it is increasingly likely that we will see a stronger return of Bitcoin.

ChainCatcher News: The U.S. Department of Commerce announced yesterday that September retail sales exceeded expectations with a month-on-month increase of 0.4%, highlighting the resilience of U.S. consumer spending, which continues to provide strong momentum for the U.S. economy. A series of robust economic data recently has reinforced market expectations for only a 25 basis point rate cut.According to 4E monitoring, after the data release, U.S. stocks opened higher but then fell, with the S&P reaching a new intraday high before turning down, and the Nasdaq also nearly erasing its early gains. However, the Dow Jones reached new intraday and closing highs, marking two consecutive days of gains. By the close, the S&P 500 was down 0.02%, the Nasdaq was up 0.04%, and the Dow was up 0.37%. The cryptocurrency market followed U.S. stocks with slight fluctuations; at the time of writing, Bitcoin was at 67,972, up 0.8%, and Ethereum was at 2,632, up 0.43%.In the forex and commodities sector, positive economic data pushed the U.S. dollar index to an 11-week high, rebounding 3.34% since October. The European Central Bank is expected to cut rates on Thursday, causing the euro to decline for four consecutive days to an 11-week low. Last week, U.S. EIA crude oil inventories unexpectedly decreased, indicating strong demand, which led to a rise of about 0.40% in international oil prices, halting a four-day decline and moving away from two-week lows. Spot gold benefited from uncertainties surrounding the U.S. elections and expectations of more monetary policy easing, approaching 2,700 dollars, setting a new historical high, with an increase of over 30% this year.Recent data shows that retail sales continue to grow, with better-than-expected non-farm payroll data, a stronger-than-expected unemployment rate, and a recent cooling trend in initial jobless claims. Coupled with the steady decline in U.S. inflation and the upward revision of long-term GDP growth rates beyond expectations, this provides strong support for the "soft landing" logic of the U.S. economy. Meanwhile, a new round of global rate cuts is accelerating, significantly improving financial market sentiment and generally increasing investors' risk appetite. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. It recently launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, VanEck research director Matthew Sigel posted on X that top technical analysts expect Bitcoin to reach $100,000 in the fourth quarter.Laurence Balanco from CLSA stated, "Seasonal and technical factors, along with the increasing likelihood of Trump winning the U.S. election, are preparing for a breakout in Bitcoin and Ethereum."