OKX market data shows that BTC has broken through 114,000 USDT and is currently trading at 114,045.3 USDT, a 24-hour increase of 2.21%. (This newsletter was generated with AI assistance)

BitMEX co-founder Arthur Hayes posted on the X platform that the Zcash token, ZEC, could reach $10,000 ($ZEC to $10,000). The Zcash project, launched in 2013, was initially a privacy-focused cryptocurrency, ensuring complete anonymity for transactions between parties on the blockchain. Today, ZEC's market capitalization surpassed $5 billion, reaching a new high.

According to on-chain analyst Ai Yi's monitoring, Richard Heart (founder of HEX and PulseChain) transferred another 115,580 ETH to a new address 15 minutes ago and began transferring it to Tornado Cash in batches. Currently, the receiving address has transferred 7,300 ETH, worth US$29.56 million.

Momentum Finance, the Sui ecosystem's decentralized exchange (DEX) and liquidity hub, has achieved a platform record on Buildpad: over 270,000 KYC-verified users subscribed to its $MMT community sale. This represents a 40% increase compared to the previous high-profile project, Falcon Finance, which had 190,617 participants, setting a new platform record for participation. Momentum Finance has announced that all submissions will be subject to detailed review to filter out bots and Sybil accounts to ensure fair participation. The contribution period will begin tomorrow, October 27th, at 6:00 PM Beijing Time.

BitMine Chairman Tom Lee wrote on the X platform that ETH is still in a super cycle. Most of the time, prices will "lead" fundamentals, but sometimes fundamentals lead prices, such as the surge in demand for stablecoins and Ethereum transaction volume hitting a record high.

According to on-chain analyst Ai Yi's monitoring, the three-day floating profit of the whale with a 100% winning rate has exceeded 10 million US dollars, and the current value of its long positions has exceeded 300 million US dollars.

From October 25th to 26th, local time, China and the United States held economic and trade consultations in Kuala Lumpur. After the consultations, Li Chenggang, China's International Trade Representative and Vice Minister of Commerce, told Chinese and foreign media that the two sides reached a preliminary consensus on properly resolving several important economic and trade issues of mutual concern, and the next step will be to complete their respective domestic approval procedures. "Over the past month or so, China-US economic and trade relations have experienced some shocks and fluctuations, which have drawn great global attention." Li Chenggang stated that since the China-US Geneva economic and trade talks in May of this year, China has strictly adhered to the consensus reached in multiple phone calls between the two presidents, faithfully and conscientiously implemented the consensus arrangements reached in the economic and trade consultations, and carefully nurtured the hard-won and relatively stable China-US economic and trade cooperation relationship. "These shocks and fluctuations are not what China wants to see." "The US side expressed a tough position, while China is resolute in safeguarding its interests." Li Chenggang stated that during the consultations, the Chinese and US economic and trade teams maintained mutual respect and dialogue on an equal footing. Going forward, the two sides will further strengthen communication and exchanges and make positive efforts for a more stable and healthy development of China-US economic and trade relations. (Jinshi)

Binance Blog published a new article, celebrating Cristiano Ronaldo's remarkable achievement of reaching 950 career goals. This milestone not only highlights Ronaldo's legendary status in football but also provides an opportunity for fans to engage in a unique celebration. Binance is offering an exclusive chance for six CR7 Digital Collectible holders and one Binance community member to meet Cristiano Ronaldo in person. The article details how Ronaldo's 950 goals represent a journey of passion, discipline, and memorable moments on the field. From powerful free kicks to iconic bicycle kicks, each goal has contributed to his legacy. Binance is inviting fans to be part of this legacy through '7he Selection,' an event that allows fans to celebrate Ronaldo's career alongside him. This initiative is designed to bring fans closer to the football legend and acknowledge their support throughout his career. The '7he Selection' experience will select six CR7 Digital Collectible holders from Drops 1–6 and one Binance community member to join Ronaldo for an exclusive meet-and-greet. This event not only celebrates Ronaldo's football achievements but also the community that has supported him. Participants can enter by completing a Binance survey or showcasing their creativity on social media, explaining why the Binance community is the greatest of all time. The celebration timeline begins with Ronaldo reaching his 950th goal, followed by the opening of applications for both CR7 Digital Collectible holders and Binance community members. The submission window remains open for a week, allowing participants to complete the survey or submit their creative entries. The winners will be announced in early 2026, with flights and accommodation provided for the exclusive event with Ronaldo. This celebration is more than just about Ronaldo's goals; it is about honoring the fans who have been part of his journey and bringing the Binance community closer to greatness. Binance emphasizes that this event is not financial advice and encourages participants to review the campaign's terms and conditions. The article concludes with a reminder of the risks associated with digital assets and the importance of making informed purchase decisions.

According to BlockBeats, BitMine Chairman Tom Lee has stated that Ethereum (ETH) remains in a supercycle. He noted that while prices often lead fundamentals, there are times when fundamentals can outpace price movements. Lee highlighted the surging demand for stablecoins and record-high Ethereum transaction volumes as key indicators of this trend. In an interview with CNBC, he explained that the Ethereum Layer 1 and Layer 2 networks are experiencing significant growth in activity, driven by stablecoin adoption. However, this improvement in fundamentals has not yet been fully reflected in the cryptocurrency's price, as market pricing typically lags behind. Lee observed that the ongoing increase in on-chain activity provides a solid basis for potential major market shifts by the end of the year.

China and U. S. reach preliminary economic trade consensus in Kuala Lumpur, impacting global markets. source: https://coincu.com/news/china-us-economic-trade-consensus/

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