1. Sun Yuchen reduces 80% to 90% ETH holdings, shifts investment to U.S. tech stocks

On October 17, Sun Yuchen stated in an interview that he has reduced 80% to 90% of his ETH holdings, selling mainly in the range of $3600 to $4000, with the funds shifted to U.S. tech stocks. He currently retains only 20% of ETH as a base asset. Sun stated that his core Bitcoin position remains unchanged and is held in a cold wallet, with Nvidia being his main U.S. stock holding, alongside a significant position in the Nasdaq 100 index. -Original

2. U.S. SEC Chair Gensler: will utilize existing authority to advance cryptocurrency regulatory framework

U.S. SEC Chair Gensler remarked that the SEC is committed to establishing a comprehensive cryptocurrency regulatory framework and will continue to advance a sensible and comprehensive market structure for cryptocurrency in the U.S. The "Digital Asset Market Clarity Act" failed to pass in the Senate on September 15, shifting the policy focus toward federal regulators using existing authority to provide clarity. Under Gensler’s leadership, the SEC announced a temporary regulatory exemption to ease some tokenized stock trading, emphasizing the need for more rule-making to build a sustainable framework. Patrick Witt, executive director of the White House Cryptocurrency Committee, has resigned. -Original

3. Morgan Stanley Bitcoin ETF MSBT achieves net inflow for 90 consecutive days

The Morgan Stanley Bitcoin ETF MSBT, managing $100 billion in assets, has recorded a net inflow for 90 consecutive days. -Original

4. Strive announces plans to purchase more Bitcoin, aiming for a holding of 50,000 BTC

Strive, with an asset management scale of $3 billion, has announced plans to purchase more Bitcoin, aiming to hold 50,000 BTC. -Original

5. U.S. spot Ethereum ETF sees a net outflow of $320 million in one week, exceeding Bitcoin ETF outflow

From October 12 to 16, the U.S. spot Ethereum ETF experienced a net outflow of $320.1 million, while the Bitcoin ETF had a net outflow of $228.4 million during the same period. The outflow from the Ethereum ETF was larger than that from Bitcoin, with about $542 million net outflow over the previous five trading days. BlackRock iShares Ethereum Trust (ETHA) saw a five-day net outflow of approximately $299 million, accounting for nearly 93% of the market. On Monday, there was a net outflow of $85.4 million, followed by a net inflow of $24.8 million on Tuesday, and further sell-offs occurred from Wednesday to Friday. Fidelity FETH recorded a slight net inflow that week. -Original

6. Iranian Foreign Minister: Strait of Hormuz can be reopened within 7 days if U.S. complies with conditions

The Iranian Foreign Minister indicated that the plan to reopen the Strait of Hormuz within 7 days remains valid. If the U.S. adheres to Iran's conditions, the Strait of Hormuz can be opened in 6 days, with negotiations resuming on the 7th day. -Original

7. Qubic hacked, 1,404 wallets compromised, 29.4 trillion QUBIC stolen, network has been halted

From October 18, 07:42 to 09:26 (UTC+8), attackers exploited a vulnerability in wallet seed randomness, stealing approximately 29.4 trillion QUBIC from 1,404 Qubic wallets. The Qubic network has been halted at tick 85,371,949, with 87.1% of the stolen funds frozen within the network, while the remaining 12.9% transferred to MEXC accounts have also been frozen. Qubic has fixed the seed generation issue in version 4.26.4. -Original

8. Bitget to close accounts of Russian and Belarusian users, withdrawals to be completed by October 21

Bitget is in the process of closing accounts for Russian and Belarusian users, with some users unable to initiate new trades as of now and required to complete withdrawals by October 21. -Original

The above is a selection of hot topics from the past 24 hours; for faster news, please download AiCoin (aicoin.com)

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。