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AAVE surpasses $240
Jinse Finance reported that according to market data, AAVE has surpassed $240 and is now trading at $240.03, with a 24-hour increase of 6.14%. The market is experiencing significant volatility, so please manage your risks accordingly.
Jinse Finance reported that according to market data, AAVE has surpassed $240 and is now trading at $240.03, with a 24-hour increase of 6.14%. The market is experiencing significant volatility, so please manage your risks accordingly.
The three major U.S. stock index futures opened higher, with Nasdaq futures up 0.8%.
Jinse Finance reported that the three major U.S. stock index futures opened higher, with Nasdaq futures up 0.8%. (Golden Ten Data)
Jinse Finance reported that the three major U.S. stock index futures opened higher, with Nasdaq futures up 0.8%. (Golden Ten Data)
Risk appetite rebounds, gold, silver, oil, and stocks experience sharp fluctuations at market open
ChainCatcher News, according to Golden Ten Data, due to the impact of weekend trade situation news, market risk appetite has increased, leading to significant fluctuations in various assets after the market opened this morning. Spot gold and silver gapped down at the open, with both dropping more than 1% at one point, but have now recovered most of the losses; WTI crude oil and Brent crude oil gapped up 0.8% and continued to strengthen; all three major US stock index futures rose, with Nasdaq futures up by 0.85%; the Australian dollar strengthened nearly 0.5% against the US dollar, while safe-haven currencies such as the Japanese yen and Swiss franc weakened slightly; bitcoin surged nearly $2,000 in the short term.
ChainCatcher News, according to Golden Ten Data, due to the impact of weekend trade situation news, market risk appetite has increased, leading to significant fluctuations in various assets after the market opened this morning. Spot gold and silver gapped down at the open, with both dropping more than 1% at one point, but have now recovered most of the losses; WTI crude oil and Brent crude oil gapped up 0.8% and continued to strengthen; all three major US stock index futures rose, with Nasdaq futures up by 0.85%; the Australian dollar strengthened nearly 0.5% against the US dollar, while safe-haven currencies such as the Japanese yen and Swiss franc weakened slightly; bitcoin surged nearly $2,000 in the short term.
The probability of the Federal Reserve cutting interest rates by 25 basis points in October rises to 98.3%.
According to ChainCatcher, citing Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.3%, while the probability of keeping rates unchanged is 3.3%. In addition, the probability of the Federal Reserve cumulatively cutting rates by 50 basis points by December is 94.8%.
According to ChainCatcher, citing Jinse Finance, CME "FedWatch" shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 98.3%, while the probability of keeping rates unchanged is 3.3%. In addition, the probability of the Federal Reserve cumulatively cutting rates by 50 basis points by December is 94.8%.
Analyst: Investors Should Remain Cautious When Using the Bitcoin S2F Model
Jinse Finance reported that the Bitcoin Stock-to-Flow (S2F) model is one of the most widely cited BTC valuation frameworks, and this model predicts that the peak price of Bitcoin in the current market cycle could reach $222,000. However, André Dragosch, Head of Research Europe at Bitwise, stated that investors should exercise caution when using this model. Dragosch pointed out that the S2F model does not take demand-side factors into account, but instead focuses its price modeling on Bitcoin halving events, where the new BTC supply is halved every four years. He added: "Nowadays, institutional demand through Bitcoin-traded products (ETPs) and corporate treasury holdings has exceeded the annualized supply reduction from the most recent halving by more than seven times." Exchange-traded funds, ETPs, and other Bitcoin investment tools provide price support for BTC, keeping the price above $100,000. With the participation of institutional investors, the market structure has become more mature. Investors and analysts are still discussing the price trend of Bitcoin in this market cycle, and whether BTC has already peaked or still has room for further growth.
Jinse Finance reported that the Bitcoin Stock-to-Flow (S2F) model is one of the most widely cited BTC valuation frameworks, and this model predicts that the peak price of Bitcoin in the current market cycle could reach $222,000. However, André Dragosch, Head of Research Europe at Bitwise, stated that investors should exercise caution when using this model. Dragosch pointed out that the S2F model does not take demand-side factors into account, but instead focuses its price modeling on Bitcoin halving events, where the new BTC supply is halved every four years. He added: "Nowadays, institutional demand through Bitcoin-traded products (ETPs) and corporate treasury holdings has exceeded the annualized supply reduction from the most recent halving by more than seven times." Exchange-traded funds, ETPs, and other Bitcoin investment tools provide price support for BTC, keeping the price above $100,000. With the participation of institutional investors, the market structure has become more mature. Investors and analysts are still discussing the price trend of Bitcoin in this market cycle, and whether BTC has already peaked or still has room for further growth.
Glassnode: Bitcoin illiquid supply declines as 62,000 BTC flow out from long-term holder wallets
Jinse Finance reported, citing Glassnode data, that since mid-October, approximately $7 billion worth of bitcoin has been transferred out of long-term holder wallets, leading to a decrease in bitcoin's illiquid supply, which could make it harder for bitcoin price rebounds to gain momentum. Glassnode pointed out that since mid-October, about 62,000 BTC have flowed out from long-inactive wallets, marking the first significant decline since the second half of 2025. In recent weeks, bitcoin's price has retreated from the historical high of over $125,000 set in early October and is currently trading around $113,550 (data from The Block). Glassnode wrote on X: "Interestingly, during this phase, whale wallets are actually still accumulating. Over the past 30 days, whale wallets have been increasing their holdings, and since October 15, they have not made any significant sales." Glassnode also noted that wallets holding between $10,000 and $1 million worth of BTC have seen the largest outflows, with continuous selling since last November. "Trend buyers have basically exited, and the demand from dip buyers is insufficient to absorb this selling pressure," Glassnode stated. "First-time buyers are staying on the sidelines, and this supply-demand imbalance is suppressing prices until stronger spot demand returns."
Jinse Finance reported, citing Glassnode data, that since mid-October, approximately $7 billion worth of bitcoin has been transferred out of long-term holder wallets, leading to a decrease in bitcoin's illiquid supply, which could make it harder for bitcoin price rebounds to gain momentum. Glassnode pointed out that since mid-October, about 62,000 BTC have flowed out from long-inactive wallets, marking the first significant decline since the second half of 2025. In recent weeks, bitcoin's price has retreated from the historical high of over $125,000 set in early October and is currently trading around $113,550 (data from The Block). Glassnode wrote on X: "Interestingly, during this phase, whale wallets are actually still accumulating. Over the past 30 days, whale wallets have been increasing their holdings, and since October 15, they have not made any significant sales." Glassnode also noted that wallets holding between $10,000 and $1 million worth of BTC have seen the largest outflows, with continuous selling since last November. "Trend buyers have basically exited, and the demand from dip buyers is insufficient to absorb this selling pressure," Glassnode stated. "First-time buyers are staying on the sidelines, and this supply-demand imbalance is suppressing prices until stronger spot demand returns."
Solana Co-founder: The claim that "Layer 2 inherits Ethereum's security" does not hold
Jinse Finance reported that Solana co-founder toly posted on X, stating that the claim "Layer 2 inherits Ethereum security" is incorrect. Over the five years of the Layer 2 roadmap, Ethereum circulating on the Solana network via Wormhole faces the same extreme risks as Ethereum on the Base network, and the returns brought to Ethereum Layer 1 validators are at the same level. From any perspective, the statement that "L2 inherits ETH security" does not hold true.
Jinse Finance reported that Solana co-founder toly posted on X, stating that the claim "Layer 2 inherits Ethereum security" is incorrect. Over the five years of the Layer 2 roadmap, Ethereum circulating on the Solana network via Wormhole faces the same extreme risks as Ethereum on the Base network, and the returns brought to Ethereum Layer 1 validators are at the same level. From any perspective, the statement that "L2 inherits ETH security" does not hold true.
Total open interest in Ethereum contracts across the entire network surpasses $48 billion.
According to Jinse Finance, data from Coinglass shows that the total open interest of Ethereum contracts across the network has reached 1.196 million ETH, equivalent to approximately $48.56 billion.
According to Jinse Finance, data from Coinglass shows that the total open interest of Ethereum contracts across the network has reached 1.196 million ETH, equivalent to approximately $48.56 billion.
Base TVL reaches $15.26 billions, with a 7-day increase of 5.93%
According to Jinse Finance, data from L2BEAT shows that Base's TVL has reached $15.26 billions, with a 7-day increase of 5.93%.
According to Jinse Finance, data from L2BEAT shows that Base's TVL has reached $15.26 billions, with a 7-day increase of 5.93%.
Uniswap frontend trading fees have exceeded $54 million
According to Jinse Finance, DefiLlama data shows that as of October 26, Uniswap's frontend trading fees (revenue) have reached $54.64 million.
According to Jinse Finance, DefiLlama data shows that as of October 26, Uniswap's frontend trading fees (revenue) have reached $54.64 million.