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The cryptocurrency market faces a critical juncture as the People’s Bank of China (PBOC) considers stimulus measures in response to slowing economic activity. Analysts suggest that if Beijing injects liquidity into the system, altcoins could experience a significant rally, potentially surpassing previous all-time highs. China Stimulus Possible in Next Month While headlines often focus on … <a href="https://beincrypto.com/china-stimulus-could-spark-altcoin-rally-as-economic-data-weakens/">Continued</
Share link:In this post: The United States Treasury is looking into the possibility of using digital identity to check illicit financial activities in the DeFi sector. The agency is entertaining public comment on the issue, and it is expected to close by October 17. United States banks have warned of stablecoin yield, noting that it could disrupt the American credit system.
- 15:44PayPal stablecoin PYUSD 0 has been launched on the Sei networkChainCatcher news, PayPal stablecoin PYUSD 0 has officially launched on the Sei network, further expanding its cross-chain application scenarios and supporting more on-chain payments and settlements.
- 15:18Spot gold rises to $3,670 per ounce, up 0.70% intradayJinse Finance reported that spot gold has risen above $3,670 per ounce, up 0.70% on the day.
- 15:17Bitcoin ETF saw a net inflow of 1,205 BTC today, while Ethereum ETF saw a net inflow of 41,150 ETH.ChainCatcher news, according to Lookonchain, the 10 bitcoin ETFs saw a net inflow of 1,205 BTC today, equivalent to approximately $140 million. Among them, Fidelity had an inflow of 828 BTC and currently holds 207,370 BTC, with a total value of $2.405 billion. The 9 ethereum ETFs had a net inflow of 41,150 ETH, equivalent to about $185 million. BlackRock had an inflow of 34,688 ETH and currently holds 817,134 ETH, with a total value of $368 million.