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Quick Take Summary is AI generated, newsroom reviewed. DFDV JP is Japan's first corporate treasury focused on accumulating and compounding Solana (SOL). The partnership aims to provide balance sheet diversification and staking solutions to Japanese institutions. Superteam Japan, having organized a major Solana conference, will lead the domestic expansion. The initiative strengthens Solana's institutional footprint in Asia and leverages Japan's pro-innovation stance.References Nasdaq-listed Solana treasury
Yang Zhou candidly shared his thoughts on a public program for the first time in many years, presenting readers with a more multifaceted image of himself and revealing the story behind Beibao back then.
Boosting BNB Chain Development Amid Record Highs with a Hefty Investment
Outperforming Major Indices: BlackRock's Bitcoin ETF Dominates with 10% of Total Net ETF Flows
Surge in Daily Trading Volumes Indicates Strong Bullish Sentiment for Mantle's Continued Price Rally
Since the new cycle began from BTC's low point in November 2022, it has experienced several phases, including long-term accumulation, ETF fund inflows, the halving event, and policy-driven fluctuations. Currently, BTC is at a key juncture between the old and new cycles. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
- 21:43New York City Mayor Eric Adams launches the nation’s first city-level Office of Digital Assets and BlockchainJinse Finance reported that New York City Mayor Eric Adams has signed an executive order to establish the nation’s first “Office of Digital Assets and Blockchain,” aimed at coordinating cooperation between the crypto industry and the government and promoting compliant blockchain and crypto projects in New York. The office will be led by Moises Rendon, who has long been involved in the city government’s digital asset affairs. Its goals include promoting the responsible application of blockchain, attracting fintech talent, expanding financial inclusion, and driving New York to become a center for crypto innovation. Adams stated: “The era of digital assets has arrived, bringing us opportunities for economic growth, talent attraction, and service innovation.” Adams previously received his first three paychecks after taking office in bitcoin and led New York’s first crypto summit. His mayoral term will end at the end of the year, and he has withdrawn from the re-election race due to campaign funding issues.
- 21:33JPMorgan: Powell's speech reinforces expectations for a rate cut by the end of OctoberChainCatcher news, according to Golden Ten Data, JPMorgan Chief US Economist Michael Feroli stated that Federal Reserve Chairman Powell's latest speech has reinforced expectations of further interest rate cuts, which will begin at the next meeting from October 28 to 29. Feroli pointed out that Powell's wording left almost no room for ambiguity, further strengthening investors' belief that the Federal Reserve is preparing to lower interest rates again in response to weakening inflation and labor market data.
- 21:31Nasdaq-listed company Aurelion purchases $134 million worth of Tether Gold (XAUT)Jinse Finance reported that Nasdaq-listed company Prestige Wealth (soon to be renamed Aurelion) announced the purchase of Tether Gold (XAUT) worth $134 million. This acquisition was made after completing a $150 million financing round led by Antalpha. Aurelion purchased the tokens at an average price of $4,021.81 per XAUT. Each XAUT represents one ounce of physical gold and can be redeemed for LBMA-standard gold bars stored in Switzerland. Since its launch in 2020, Tether Gold has accumulated approximately 7 tons of physical gold reserves.