Regarding the sale of approximately $5.15 million worth of HYPE last night, Arthur Hayes jokingly responded that he was "paying a deposit for a Rari 849 Testarossa." Previous news: Arthur Hayes sold 96,600 HYPE coins, cashing in $5.1 million.

Coinglass data shows that in the past hour, the entire network had a liquidation of US$813 million, of which long positions were liquidated for US$799 million and short positions were liquidated for US$14.177 million.

OKX market data shows that BTC has fallen below 113,000 USDT, currently trading at 112,957.3 USDT, a 24-hour drop of 2.39%. (This newsletter was generated with AI assistance.)

OKX market data shows that BTC has fallen below 112,000 USDT, currently trading at 111,988 USDT, a 24-hour drop of 3.21%. (This newsletter was generated with AI assistance.)

OKX market data shows that SOL has fallen below 220 USDT, currently trading at 219.97 USDT, a 24-hour drop of 8.46%. (This newsletter was generated with AI assistance)

OKX market data shows that ETH has fallen below 4100 USDT, currently trading at 4099.99 USDT, a 24-hour drop of 8.48%. (This newsletter was generated with AI assistance)

OKX market data shows that ETH has fallen below 4200 USDT, currently trading at 4199.5 USDT, a 24-hour drop of 6.26%. (This newsletter was generated with AI assistance)

OKX market data shows that SOL has fallen below 230 USDT, currently trading at 229.94 USDT, a 24-hour drop of 4.35%. (This newsletter was generated with AI assistance)

OKX market data shows that BTC has fallen below 114,000 USDT, currently trading at 113,981.7 USDT, a 24-hour drop of 1.46%. (This newsletter was generated with AI assistance.)

Before last week's interest rate meeting, some on Wall Street had foreseen deeper divisions at the Federal Reserve, but on the contrary, after voting against the decision at the previous meeting, Governors Waller and Bowman chose to align with their colleagues this time, making Milan, who was appointed by Trump, the only outsider in the 11-1 vote. Former New York Fed President William Dudley stated, "Powell remains firmly in control of the Fed. Officials who favored keeping interest rates unchanged have deferred to the Fed Chairman and agreed to a rate cut. Even Trump appointees Bowman and Waller rejected Trump's demands for a larger rate cut. Their actions demonstrate integrity, commitment to the Fed's mission, and the importance of maintaining central bank independence." Susan Hill, head of the liquidity team at Federated Hermes, said that while pressure from the White House is expected to continue, "at least for now, most people seem to be behind Powell, which I'm sure explains, at least in part, why he appeared so calm and confident at the press conference." Powell, whose term as chairman expires in May next year, also appeared to deliver a powerful counterattack to Milan and the White House, both of whom Trump appointed, in his post-meeting remarks. When asked whether a 50 basis point rate cut had been considered internally, Powell said there was "no broad support at all." (Jinshi)

The next cycle will be defined more by the structural integration of cryptocurrencies in global capital markets than by speculative liquidity shocks.

China has launched AxCNH, the first offshore yuan stablecoin, to simplify cross-border payments along the Belt and Road Initiative. South Korea followed with KRW1, a won-backed stablecoin, aiming to digitise its currency and improve international trade settlements.

From a decentralized payment tool to an alternative investment product, Bitcoin's core positioning has changed, and stablecoins have taken over the payment mission that Bitcoin has not completed.

The highly anticipated debut of the first U.S. exchange-traded fund (ETF) tracking Dogecoin (DOGE) failed to deliver the immediate price surge traders had hoped for. Instead, Dogecoin slipped, underscoring the limits of hype-driven catalysts when new adoption is weak.

The ongoing DEX war intensified when the world’s largest exchange backed a Hyperliquid competitor.

The Federal Reserve's printing press has restarted, and the meltdown continues. If you believe "this time is different," you're in the minority. Take action now, and don't let FOMO get you left behind.

Golden Finance has launched the 2824th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

Low-risk DeFi is already supporting the Ethereum economy, and it is to Ethereum what search is to Google.

Too many people are Fomo Perp Dex. After sobering up, I would like to share some thoughts that are a bit "incongruous" with the prosperous market. The following only represents my personal understanding.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry trends.