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Bitcoin, due to its decentralized nature, the privacy of the Lightning Network, and its security, is considered a preferred option for driving the digital dollar. It can serve as the operational infrastructure for USD stablecoins, offering lower conversion costs and protecting users' rights.
The article discusses the challenges faced by the US dollar and the rise of stablecoins, highlighting that bitcoin, with its decentralized nature, has become the preferred choice in the global digital dollar revolution. It also analyzes the weakness of the US bond market and the impact of a multipolar world on the US dollar. Summary generated by Mars AI Model: The content produced by the Mars AI Model is still undergoing iterative updates, and its accuracy and completeness may not be fully guaranteed.
MetaMask specifically mentioned its sibling project Linea and its own stablecoin product mUSD, and has clearly stated that additional points bonuses will be given to the Linea chain.
Quick Take Summary is AI generated, newsroom reviewed. Crypto Rover (@rovercrc) reports large-cap altcoins are surging, signaling the onset of Altseason. The UK’s Financial Conduct Authority (FCA) plans to lift its Bitcoin ETF ban this week (Oct 6–12, 2025), aligning with the Financial Services and Markets Act 2023. Altcoins like Solana and Avalanche have surged 85–120% in recent months, reflecting large-cap momentum. Infographic highlights crypto market phases: Bitcoin rally → Ethereum rise → Large-cap su
Bitcoin reached a record high of $125,646, pushing its market capitalization to $4.26 trillions. With "Uptober" and global tensions fueling the rally, analysts are speculating on what will happen next.
- 22:11Vanguard focuses on blockchain technology but remains cautious about bitcoinAccording to Jinse Finance, at the "ETFs in Depth" crypto panel discussion, John Ameriks from Vanguard stated that blockchain technology itself is very attractive to companies, as it enables faster settlement, improves collateral efficiency, and reduces costs. He raised the question: "Is there a way to use only blockchain without involving cryptocurrency?" At the same time, he pointed out that if asset tokenization cannot become mainstream, then bitcoin is just a "digital toy" to him.
- 21:59Market Analysis: Federal Reserve Approves Reappointment of 11 Regional Fed Presidents, White House Influence Concerns Temporarily AlleviatedJinse Finance reported that analyst Matt Grossman stated that some Federal Reserve watchers had previously worried that Fed governors aligned with Trump's stance might attempt to block the reappointment of certain regional Fed presidents for new five-year terms, thereby helping the White House gain more influence over the Fed's policy committee. The Fed announced on Thursday that the reappointments of 11 individuals have already been processed, eliminating the risk that the White House might push for the appointment of presidents more aligned with its position at regional Feds. Atlanta Fed President Raphael Bostic was not reappointed because he is about to retire. Bostic announced his retirement plans last month; in the eyes of some observers, his prospects for reappointment were overshadowed by his disclosure three years ago of failing to comply with senior officials' personal financial transaction rules.
- 21:49The Federal Reserve announces the reappointment of 11 regional Fed presidents.Jinse Finance reported that Adam Button, an analyst at financial website Investinglive, stated that the Federal Reserve has announced the reappointment of 11 regional Federal Reserve Bank presidents. Although this is merely a formality, the Federal Reserve Board does have a say in the appointment of regional Fed presidents. In any case, all regional Fed presidents were unanimously approved for a five-year term. If Trump were to gain control of the Federal Reserve Board, and these board members could further influence the appointment of regional Fed presidents, there could be even more controversy. However, this would undoubtedly lead to truly dramatic situations. In short, this matter can be safely ignored for the next five years.