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1Bitget Daily Morning Brief (October 22) | Japan’s Financial Services Agency Explores Allowing Banks to Hold and Trade Cryptocurrencies; Tether’s USDT Users Surpass 500 Million2Crypto Market Prediction: XRP Switches From Bullish to Bearish, Shiba Inu's (SHIB) Evil Zero Is Back, Who Pushed Bitcoin (BTC) Down From $110,000?3Ethereum ETFs lose $145 million as investors await inflation data
What signals emerged from the latest Fintech conference held by the Federal Reserve?
The era of confrontation has ended, and the era of dialogue has begun.
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Flash
- 02:16VanEck: The Bitcoin pullback in October is a mid-cycle correction, not the start of a bear marketAccording to Jinse Finance, as disclosed by Cointelegraph, VanEck stated that the Bitcoin pullback in October was a mid-cycle correction rather than the onset of a bear market. Leverage levels have returned to normal, on-chain activity is increasing, and liquidity continues to drive the current cycle forward.
- 02:04Economist Peter Schiff: Bitcoin should be purchased, will launch tokenized gold platform and new bankAccording to a report by Jinse Finance, economist Peter Schiff stated that if he had bought Bitcoin when he first heard about it, he would have achieved the greatest returns of his career, and admitted that “in hindsight, that’s what I should have done.” However, he also believes that most investors will ultimately lose money on Bitcoin. Peter Schiff announced the launch of a tokenized gold platform and a new neobank. The platform will allow gold to be used as a payment medium, enabling users to send and receive payments and use debit cards, with gold automatically sold at the time of transaction for settlement. Schiff said that gold-denominated accounts and payment tools will be provided.
- 01:58The Limitless team announced that the LMTS token has been stealthily launched and a buyback plan has been initiated.According to ChainCatcher, CJ, a team member of the prediction market platform Limitless, stated in a post that the LMTS token has been stealthily launched and successfully avoided snipers. He mentioned that the funds in the address starting with 0xBF31 will be used to buy back tokens within an appropriate price range, and future buyback plans will continue to be promoted. CJ added that a significant proportion of LMTS's circulating supply has already been distributed through airdrops. Although it has not yet been listed on centralized exchanges, buying pressure has already significantly pushed up the price target, so part of the buyback plan has been initiated ahead of schedule. Subsequently, some users questioned that a certain address cashed out 1.2 million US dollars before the token launch. CJ replied that the address was a "sniper address using Banana Gun."