Odaily report: According to GMGN market data, the BSC ecosystem Meme coin "Chinese Can Fly" market cap briefly broke $9 million, surging over 13x intraday, now at $8.1 million.
Odaily reminds users that Meme coin prices are highly volatile and susceptible to market sentiment and trending events. Please be aware of trading risks.
According to Gate data, the US dollar to Chinese yuan (USDCNH) has fallen to 6.710, currently at 6.70959, a 24-hour decline of 0.2%.
Odaily reports: Cryptocurrency exchange Binance recorded net outflows of more than 13,800 BTC on September 22, the largest single-day net outflow since 2023. At prices at the time, the assets were worth about $1.15 billion. Binance's Bitcoin reserves fell from about 705,000 BTC to about 685,000 BTC within four days, a decline of about 20,000 BTC, worth about $1.66 billion.
On-chain analyst Darkfrost said Binance's Bitcoin outflows are part of a broader accumulation trend, with some investors choosing to self-custody their Bitcoin. The outflows may also be related to institutional custody, internal wallet management, and other operational arrangements, and cannot be viewed on their own as proof of accumulation behavior.
Bitcoin pulled back after a recent rally and is currently holding in the $83,000 to $84,000 range, staying above $83,000. Market participants are watching whether this price level can continue to find support and whether Binance's Bitcoin outflows and the decline in exchange reserves will persist. (Bitcoin.com News)
Odaily News: Cryptocurrency exchange and wallet service provider Blockchain.com plans to raise approximately $500 million this year through an initial public offering (IPO), targeting a valuation of $4 billion to $6 billion, and may scale back the offering size if necessary to complete the listing.
Blockchain.com reached a $14 billion valuation in 2022 and confidentially filed IPO registration documents with the U.S. Securities and Exchange Commission (SEC) in May of this year. Recently listed Gemini, BitGo, and eToro have seen their share prices drop approximately 50% to 80% from post-listing highs. (Cointelegraph)
Odaily reports that Coinbase posted on X that it will soon launch a mobile card pack opening feature, where each draw corresponds to a real physical card, and users can choose to store the card in a vault or have it shipped.
Odaily News: Goldman Sachs' $100 billion treasury fund FTIXX has launched on Lynq as the first external fund, providing institutional digital asset companies with access to a traditional treasury fund.
Unlike BlackRock's BUIDL and Franklin Templeton's BENJI, FTIXX will not be tokenized, with Lynq serving merely as a new distribution channel for the existing fund. Lynq clients can park cash in FTIXX between trades to earn yield until the funds are needed for other purposes. (CoinDesk)
Odaily report: predict.fun posted on X platform, stating that the current odds are 7%, indicating a low likelihood that Polymarket will issue an official token before the end of this year.
Odaily reports that well-known trader Bonk Guy posted that MARSCOIN's current price action is "very clean," and predicted it may see a significant rally in Q4, adding that its fundamentals are also improving. According to the analyst, as BNB and BNB Chain gain greater influence in this cycle, MARSCOIN's "Musk + CZ" narrative has further strengthened. He noted that in the previous cycle, SHIB and DOGE market caps once surpassed $40 billion and $80 billion, respectively, while MARSCOIN this time will combine elements such as Musk, Binance founder CZ, and space rocket company SPCX. Binance has already provided support to the related ecosystem through SPCX rewards and a portion of its own trading fees, and the market may be underestimating MARSCOIN's potential performance over the next few months.
Odaily News: The Arbitrum Foundation has announced the launch of the Arbitrum Security Program, offering smart contract audit subsidies to teams building projects on Arbitrum, covering testnet applications, mainnet projects, projects migrating from other blockchains, and dedicated Arbitrum chains.
Odaily reports, according to OKX market data, PUMP has broken above 0.0055 USDT, now trading at 0.005509 USDT, up 12.25% in 24H.
Odaily News: According to Gate data, Brent crude oil (XBRUSD) fell to $102/barrel, currently at $101.97/barrel, down 0.4% from the previous trading session's close.
According to Gate data, Germany's DAX 40 (GER40) has risen above 25,600 points, now trading at 25,605.89, up 0.2% from the previous trading session's close.
Odaily – Liquid staking protocol Ether.fi will dissolve its last structural link with EigenLayer this quarter, at which point its restaking assets will account for less than 1% of its total. CEO Mike Silagadze said the exit is due to the persistent risks of restaking and the lack of meaningful returns.
Restaking currently secures $10 billion in assets, yet generates only $99,977 in fees per week; on a per-dollar-of-secured-assets basis, ordinary liquid staking yields are roughly 53 times higher. The top five remaining liquid restaking tokens generated a combined gross profit of $953,400 last quarter, down from $2.18 million three quarters earlier. (CoinDesk)
Odaily News: According to Al Jazeera: U.S. officials stated that the United States continues to hold active discussions with Iran through intermediary channels; without resolving the nuclear issue, no agreement will be reached.
Trump is ready to ease sanctions on Iran and unfreeze its frozen assets in exchange for progress on the Iran nuclear issue. (CLS)
