GM, #学堂日报 — October 20 Market Brief ☀️
1️⃣ Market Overview
▪️ Total crypto market capitalization is approximately $2.76 trillion, with BTC dominance at 60.2%.
▪️ The Fear & Greed Index is 49 (neutral), and market sentiment remains cautious.
▪️ BNB rose 0.77%, while BTC and ETH fell 0.50% and 0.45%, respectively. GTC, PHA, and AVA bucked the trend to lead the gainers.
2️⃣ Binance Updates
▪️ Binance Wallet launched a no-deposit, interest-earning U leaderboard campaign, giving participants a chance to share 150,000 U in rewards.
▪️ Binance ALPHA Promise is now available to users worldwide.
3️⃣ Industry Highlights
▪️ Visa and Mesh partnered to enable crypto payments at more than 175 million merchant locations.
▪️ The BNB Foundation completed its 37th quarterly burn, destroying approximately 1.64 million BNB.
▪️ The digital gold market has tripled since the start of 2025, reaching approximately $500 million.
▪️ Mastercard noted that stablecoin security tools need to address risks across both protocols and wallets.
▪️ The proposed U.S. Digital Asset Market Clarity Act would establish a crypto tax grace period.
▪️ Circle removed excess redemption fees for USDC and EURC, while retaining a 0.05% fee for expedited redemptions.
4️⃣ Crypto Basics: How Do IOC Orders Execute Immediately?
💡 IOC (Immediate Or Cancel) is an order type that must be executed immediately. Any portion that can be filled is executed at once, and the unfilled remainder is automatically canceled.
▪️ Immediate execution: Once submitted, the order immediately attempts to match with existing orders in the market.
▪️ Partial fills allowed: The order does not have to be filled in full; any unfilled quantity is automatically canceled.
▪️ Less time waiting: Helps prevent orders from sitting in the market for a long time, though slippage may still occur.
In short, IOC is suited to users who want to complete trades quickly and don't want the remaining order to stay on the order book. However, limited liquidity may result in a partial fill or no fill at all.
Follow @新手学堂天使自治社区 for more updates 🚀
1️⃣ Market Overview
▪️ Total crypto market capitalization is approximately $2.76 trillion, with BTC dominance at 60.2%.
▪️ The Fear & Greed Index is 49 (neutral), and market sentiment remains cautious.
▪️ BNB rose 0.77%, while BTC and ETH fell 0.50% and 0.45%, respectively. GTC, PHA, and AVA bucked the trend to lead the gainers.
2️⃣ Binance Updates
▪️ Binance Wallet launched a no-deposit, interest-earning U leaderboard campaign, giving participants a chance to share 150,000 U in rewards.
▪️ Binance ALPHA Promise is now available to users worldwide.
3️⃣ Industry Highlights
▪️ Visa and Mesh partnered to enable crypto payments at more than 175 million merchant locations.
▪️ The BNB Foundation completed its 37th quarterly burn, destroying approximately 1.64 million BNB.
▪️ The digital gold market has tripled since the start of 2025, reaching approximately $500 million.
▪️ Mastercard noted that stablecoin security tools need to address risks across both protocols and wallets.
▪️ The proposed U.S. Digital Asset Market Clarity Act would establish a crypto tax grace period.
▪️ Circle removed excess redemption fees for USDC and EURC, while retaining a 0.05% fee for expedited redemptions.
4️⃣ Crypto Basics: How Do IOC Orders Execute Immediately?
💡 IOC (Immediate Or Cancel) is an order type that must be executed immediately. Any portion that can be filled is executed at once, and the unfilled remainder is automatically canceled.
▪️ Immediate execution: Once submitted, the order immediately attempts to match with existing orders in the market.
▪️ Partial fills allowed: The order does not have to be filled in full; any unfilled quantity is automatically canceled.
▪️ Less time waiting: Helps prevent orders from sitting in the market for a long time, though slippage may still occur.
In short, IOC is suited to users who want to complete trades quickly and don't want the remaining order to stay on the order book. However, limited liquidity may result in a partial fill or no fill at all.
Follow @新手学堂天使自治社区 for more updates 🚀