Recently, the Crypto Assets market has witnessed a series of eye-catching dynamics. It is reported that SoftBank Group and ARK Investment are actively negotiating to participate in a significant round of financing for Tether. This move may signal the rising interest of TradFi giants in the stablecoin market.



At the same time, news has emerged that the cryptocurrency exchange Kraken is seeking new strategic investors, with a valuation potentially reaching $20 billion and plans to raise $200 to $300 million. This indicates that investors' confidence in cryptocurrency trading platforms remains strong.

In terms of regulation, the president of The ETF Store revealed that multiple institutions have submitted S-1 amendments for a Solana spot ETF, which is expected to receive approval within two weeks. This development could open a new chapter for the growth of Crypto Assets ETFs.

However, not all news is positive. Crypto service provider SOS Limited announced the temporary closure of its internal Bitcoin mining operations, reflecting the challenges currently facing the mining industry.

In terms of token economics, the WLFI project has carried out large-scale token buybacks and destruction operations, repurchasing 3.814 million tokens and destroying 6.923 million WLFI. This approach aims to enhance the value and scarcity of the tokens.

In terms of technological innovation, the DoubleZero mainnet is set to launch on October 2nd, and the 0G Foundation has begun distributing airdrop rewards to testnet node operators, demonstrating the ongoing development of emerging blockchain projects.

It is worth noting that Aave founder Stani is suspected of selling 4 million ENA coins, an action that has sparked widespread discussion in the community.

At the macroeconomic level, Federal Reserve Governor Bowman proposed the suggestion of holding only government bonds and reforming the monetary policy mechanism, which may have an indirect impact on the Crypto Assets market.

Finally, tech giant Apple Inc. is developing an artificial intelligence tool similar to ChatGPT, with plans to launch it in March next year. This move demonstrates that traditional tech companies are also actively positioning themselves in the field of artificial intelligence, which may bring new application scenarios for Crypto Assets and blockchain technology.

These developments indicate that the Crypto Assets industry is undergoing a complex transformation period, where the interaction between TradFi, regulatory bodies, and technological innovation will continue to shape the future of this industry.
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BridgeTrustFundvip
· 19h ago
The bull run is coming.
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AirdropCollectorvip
· 09-28 17:53
Another day of being played for suckers.
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just_vibin_onchainvip
· 09-27 10:02
The roll is done, SoftBank is still making money.
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ponzi_poetvip
· 09-27 09:02
The market maker has started to experiment with DeFi. Interesting.
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GasFeeBeggarvip
· 09-27 04:46
It's too difficult, I can't afford the gas fee.
View OriginalReply0
FastLeavervip
· 09-27 04:39
Is this bull run really here?
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SigmaBrainvip
· 09-27 04:38
Cryptocurrency Trading depends on BTC performance.
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SocialFiQueenvip
· 09-27 04:35
SOL ETF is about to be approved, To da moon!
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ContractExplorervip
· 09-27 04:33
What's going on with Stani? Is it another Rug Pull?
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LuckyBlindCatvip
· 09-27 04:29
Wow, SoftBank really dares to play!
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