GM, #学堂日报 — October 13 Market Brief ☀️
1️⃣ Market Overview
▪️ The total crypto market cap reached $2.83 trillion, with BTC holding a 59.3% market share.
▪️ The Fear & Greed Index was 57 (Neutral), indicating relatively steady market sentiment.
▪️ BTC, ETH, and BNB fell 2.75%, 4.39%, and 3.35%, respectively, while GTC, OSMO, and RSR bucked the trend and led the gainers.
2️⃣ Binance Updates
▪️ Binance Wallet launched a USDC subscription campaign offering up to 13% APR, with a chance to share $200,000 in rewards. The annualized yield is variable.
3️⃣ Industry Highlights
▪️ Key things to watch this week: U.S. inflation data and discussions about the Ethereum upgrade.
▪️ The Financial Stability Board warned of risks related to cross-border stablecoin regulation and AI, and called on the G20 to strengthen safeguards.
▪️ The market-implied probability that the Federal Reserve will leave interest rates unchanged in October rose to 84%.
▪️ Large token unlocks are scheduled this week for ARB, STRK, CONX, and others.
▪️ South Korea’s Jeonbuk Bank launched Bitcoin-backed loans in Korean won.
▪️ An AI model assessed the security risks of Bitcoin signatures, estimating up to a 76% chance they could be cracked within 20 years.
▪️ Spot Bitcoin ETFs saw $681 million in net outflows over the week, ending a three-week streak of net inflows.
4️⃣ Today’s Explainer: What Are Makers and Takers?
💡 A Maker is someone who places an order that enters the order book and waits to be filled, thereby providing liquidity to the market.
A Taker is someone whose order is matched immediately with an existing order, consuming market liquidity.
Simply put: Makers provide liquidity, while Takers consume it. Their fees often differ, and they also affect market depth and trading costs.
Follow @新手学堂天使自治社区 for more updates 🚀
1️⃣ Market Overview
▪️ The total crypto market cap reached $2.83 trillion, with BTC holding a 59.3% market share.
▪️ The Fear & Greed Index was 57 (Neutral), indicating relatively steady market sentiment.
▪️ BTC, ETH, and BNB fell 2.75%, 4.39%, and 3.35%, respectively, while GTC, OSMO, and RSR bucked the trend and led the gainers.
2️⃣ Binance Updates
▪️ Binance Wallet launched a USDC subscription campaign offering up to 13% APR, with a chance to share $200,000 in rewards. The annualized yield is variable.
3️⃣ Industry Highlights
▪️ Key things to watch this week: U.S. inflation data and discussions about the Ethereum upgrade.
▪️ The Financial Stability Board warned of risks related to cross-border stablecoin regulation and AI, and called on the G20 to strengthen safeguards.
▪️ The market-implied probability that the Federal Reserve will leave interest rates unchanged in October rose to 84%.
▪️ Large token unlocks are scheduled this week for ARB, STRK, CONX, and others.
▪️ South Korea’s Jeonbuk Bank launched Bitcoin-backed loans in Korean won.
▪️ An AI model assessed the security risks of Bitcoin signatures, estimating up to a 76% chance they could be cracked within 20 years.
▪️ Spot Bitcoin ETFs saw $681 million in net outflows over the week, ending a three-week streak of net inflows.
4️⃣ Today’s Explainer: What Are Makers and Takers?
💡 A Maker is someone who places an order that enters the order book and waits to be filled, thereby providing liquidity to the market.
A Taker is someone whose order is matched immediately with an existing order, consuming market liquidity.
Simply put: Makers provide liquidity, while Takers consume it. Their fees often differ, and they also affect market depth and trading costs.
Follow @新手学堂天使自治社区 for more updates 🚀