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Momentum Finance Initiates MMT Token Community Sale: Momentum Finance plans to conduct a community sale of the MMT token on Buidlpad, with a target fundraising amount of $4.5 million and an implied fully diluted valuation of $3.5 billion.
The article covers topics such as cryptocurrency market liquidation data, Federal Reserve interest rate cut forecasts, the surge in ZEC prices, regulatory relief measures by the US SEC, the Democratic Party's DeFi regulatory proposal, trends in central bank reserves, the release of the CPI report, and whale trading dynamics. The summary was generated by Mars AI. The accuracy and completeness of this AI-generated content are still being iteratively improved.
- 20:33"Insider Whale" Is Gradually Reducing Its Bitcoin Short PositionsBlockBeats News, on October 14, according to MLM monitoring, the "insider whale" who profited from shorting before the plunge has now begun to gradually reduce its bitcoin short positions, with the scale dropping to $488 million and current unrealized profits reaching $11.8 million.
- 20:32Powell: Current economic growth may be better than expected, a rate cut in September is reasonableBlockBeats News, on October 15, Federal Reserve Chairman Powell stated that the future direction of monetary policy will be driven by data and risk assessments. Data before the U.S. government shutdown indicates that economic growth may be better than expected. Downside risks in the U.S. job market have increased. The rising risks in the job market justify the rate cut in September. (Golden Ten Data)
- 20:08U.S. stocks closed mixed; Nvidia fell over 4%ChainCatcher news, according to Golden Ten Data, U.S. stocks closed on Tuesday with the Dow Jones Industrial Average preliminarily up 0.44%, the S&P 500 Index down 0.16%, and the Nasdaq down 0.76%. Broadcom fell 3.5%, Nvidia dropped 4.4%, and Navitas Semiconductor rose 26%. The Nasdaq Golden Dragon China Index fell 1.95%, Alibaba dropped more than 2%, and Baidu fell 4.6%.