Bitcoin Treasury Corporation, headquartered in Canada, announced that the company has been listed on the regulated US over-the-counter securities market OTC Markets, with the stock code "BTCFF", US investors can now view financial disclosure information and real-time quotes.
according to glassnode's released chart, the Bitcoin CBD heat map shows that its supply is highly concentrated around the $117,000 price level, forming a key resistance area. Breaking through this price level may clear obstacles for subsequent upward movement towards areas with thinner liquidity, while failure to break through may lead to a prolonged consolidation period or price decline.
according to on-chain analyst Onchain Lens monitoring, in the past 19 hours, FalconX withdrew 193,458 SOL tokens from Binance, OKX, and Bybit, worth $47.67 million.
Lido strategic consultant Hasu replied to user X's post "Lending DEX like AAVE and Fluid have enough advantages to issue stable coins" by saying that the idea that stable coins are more profitable than the lending market is one of the biggest misunderstandings in DeFi. Both the lending market and stable coins involve borrowing money from A and then lending it to B, earning the interest difference in the process. Stable coins do have hidden benefits such as global transferability, but these benefits are limited to stable coins with deep global liquidity and network acceptance, such as USDT and USDC. Everyone else is competing for the same scarce pool of funds and increasingly needs to pay interest to lenders. For new stable coins entering the market, there are actually only two advantages - superior distribution (allowing you to borrow at a lower amount) and superior ALM (allowing you to lend at a higher amount). Which one do AAVE and Fluid have?
according to sources, the European Union plans to submit a proposal for the latest round of sanctions against Russia to member states as early as Friday after a phone call between von der Leyen and Trump. Following the call on Tuesday, the President of the European Commission stated that this sanction proposal would be the 19th round of sanctions and would target cryptocurrency, the banking sector, and the energy sector. The United States has pressured its G7 allies to impose up to 100% tariffs on India for purchasing Russian oil in order to force Putin and the Ukrainian side back to the negotiating table. However, this demand may face resistance in the capitals of EU member states. Sources said that Trump reiterated in the call that he prefers pressure through tariffs over sanctions. Currently, G7 officials are working on advancing a series of proposals with the goal of finalizing the relevant plans within the next two weeks.
according to market news, the CEO of Bitwise stated that the cryptocurrency credit and lending business will experience explosive growth in the next 6 to 12 months.
According to official sources, the OKX Wallet product OKX Boost's first phase X Launch event LINEA is now open for airdrop rewards. OKX Exchange has also launched the BARD bonus event, where users can recharge and trade BARD to share a prize pool of 500,000 BARD tokens. Lombard is committed to building an on-chain Bitcoin capital market, aiming to fully unleash the huge potential of this era's most representative digital asset. Since its establishment in 2024, Lombard has achieved deep integration of Bitcoin and DeFi by launching LBTC. As a leading one-stop Web 3 gateway in the industry, OKX Wallet supports 140+ popular public chains.
according to market news, the market is beginning to anticipate that the Federal Open Market Committee (FOMC) will cut interest rates by 25 basis points again in October.
Federal Reserve FOMC statement: Federal Reserve Governor Milan opposed the interest rate decision this time and believed that interest rates should be cut by 50 basis points.
Fed's forecast shows that out of 19 officials, 9 expect to cut interest rates twice in 2025, 2 expect to cut interest rates once, and 6 expect no further rate cuts.
after the Federal Reserve's decision was announced, spot gold hit a record high of $3704 per ounce, surpassing the previous high of $3703.1 per ounce, with a cumulative increase of over 40% for the year.
latest economic forecast from the Federal Reserve shows that policymakers expect the median inflation rate at the end of this year to remain at 3%, well above the central bank's target of 2%, consistent with the previous forecast in June. The forecast for the unemployment rate also remains unchanged at 4.5%, and the forecast for economic growth has been raised from 1.4% to 1.6%.
Federal Reserve's dot plot shows that out of 19 officials, 1 official believes that there will be no rate cut in 2025 (compared to 7 in June), 6 officials believe that there should be a cumulative rate cut of 25 basis points in 2025, i.e. 1 rate cut (compared to 2 in June), 2 officials believe that there should be a cumulative rate cut of 50 basis points in 2025, i.e. 2 rate cuts (compared to 8 in June), 9 officials believe that there should be a cumulative rate cut of 75 basis points in 2025, i.e. 3 rate cuts (compared to 2 in June). One official (likely Milan) believes that there should be a significant rate cut of 150 basis points in 2025, i.e. at least two more significant rate cuts within the year (75BP+50BP).
Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy, stated that Russia has intensified its actions against Ukraine in recent weeks and must target Russian banks, cryptocurrencies, and shadow fleets.
Curve DAO has released proposal #1206 in the ownership category, proposing to establish a maximum credit limit of 60 million crvUSD for the Yield Basis project. The proposal was initiated by address 0x7a16...5428 and plans to adjust the relevant debt ceiling through the set_debt_ceiling function.