📰 Binance Square Morning News | October 4 Overnight Highlights ☀️
【Macro · Geopolitics】
US September nonfarm payrolls rose by only 29,000, far below expectations; the unemployment rate climbed to 4.2%. However, Fed Governor Logan turned hawkish, saying at least another 50 bps rate hike should be made. Risks in the Middle East continue to escalate: another tanker was attacked in the Strait of Hormuz; Ukraine announced it would double its strikes on Russian oil refineries, boosting risk-averse sentiment.
【Public Chains · Landscape】
ETH ecosystem L2 Blast announced a shutdown, with the direct reason being that operating costs are higher than revenues. In the same week, the non-voting transaction volume of $SOL Q3 reached 14.2 billion, up 45% year over year—public-chain competition is clearly diverging.
【Ecosystem · Updates】
🔹 AEVO again used transaction fees to buy back and burn 1 million tokens; the cumulative total burned now reaches 78 million, accounting for 7.8% of the circulating supply
🔹 Aave’s new proposal plans to establish a foundation and transfer the IP to a DAO; $AAVE tokenomics may be upgraded
🔹 Coinbase teams up with Citigroup to bring stablecoins into a bank-level compliance framework
🔹 Korea’s FSC moves the central securities depository onto the AVAX chain—RWA scores another win
【Big Names’ Views】
Arthur Hayes: Once the AI credit boom comes under pressure, it may force official liquidity to flow back; $BTC could benefit the crypto market.
Have a great weekend—keep learning and manage your positions!
NFA | DYOR
#比特币 #以太坊 #加密货币 #Web3 #BinanceSquare
【Macro · Geopolitics】
US September nonfarm payrolls rose by only 29,000, far below expectations; the unemployment rate climbed to 4.2%. However, Fed Governor Logan turned hawkish, saying at least another 50 bps rate hike should be made. Risks in the Middle East continue to escalate: another tanker was attacked in the Strait of Hormuz; Ukraine announced it would double its strikes on Russian oil refineries, boosting risk-averse sentiment.
【Public Chains · Landscape】
ETH ecosystem L2 Blast announced a shutdown, with the direct reason being that operating costs are higher than revenues. In the same week, the non-voting transaction volume of $SOL Q3 reached 14.2 billion, up 45% year over year—public-chain competition is clearly diverging.
【Ecosystem · Updates】
🔹 AEVO again used transaction fees to buy back and burn 1 million tokens; the cumulative total burned now reaches 78 million, accounting for 7.8% of the circulating supply
🔹 Aave’s new proposal plans to establish a foundation and transfer the IP to a DAO; $AAVE tokenomics may be upgraded
🔹 Coinbase teams up with Citigroup to bring stablecoins into a bank-level compliance framework
🔹 Korea’s FSC moves the central securities depository onto the AVAX chain—RWA scores another win
【Big Names’ Views】
Arthur Hayes: Once the AI credit boom comes under pressure, it may force official liquidity to flow back; $BTC could benefit the crypto market.
Have a great weekend—keep learning and manage your positions!
NFA | DYOR
#比特币 #以太坊 #加密货币 #Web3 #BinanceSquare