Crypto Morning Brief: Monad's post may hint at upcoming airdrop, Polymarket founder suggests launch of POLY token
TechFlow Selected TechFlow Selected
Crypto Morning Brief: Monad's post may hint at upcoming airdrop, Polymarket founder suggests launch of POLY token
September economic projections show 10 Federal Reserve officials support two more rate cuts this year.
Navigating Web3 tides with focused insightsAuthor: TechFlow
Yesterday's Market Highlights
Spot gold breaks $4,000/ounce, hitting a new all-time high
Market data shows spot gold surpassing the $4,000/ounce mark, setting another record high and rising nearly $1,400 so far this year.
Trump: Democrats are to blame for government shutdown, calls it a "suicide attack"
On October 7 local time, U.S. President Trump met with visiting Canadian Prime Minister Carney at the White House. During a press appearance, Trump addressed the ongoing U.S. government shutdown, blaming Democrats for the crisis. He described Democratic actions as akin to "kamikaze pilots," accusing them of obstructing congressional funding bills, resulting in what he called a "self-destructive" government shutdown.
September economic projections show 10 Fed officials support two more rate cuts this year
According to Jin10 News, the Federal Reserve is approaching a critical juncture on further rate cuts this year. The release of meeting minutes on Thursday morning Beijing time may reveal the majority of officials' thinking on future rate-cut decisions. Last month’s economic projections indicated that 10 Fed officials supported two additional rate cuts this year, while nine favored either one cut or holding rates steady. The minutes will help clarify the specific points and extent of disagreement among policymakers. Samuel Tombs, chief U.S. economist at Pantheon Macroeconomics, said, “We expect the minutes to reflect significant divisions, but these views have already been evident in officials’ public remarks over the past three weeks.”
SEC Chair: Plans to advance crypto 'innovation exemption' rulemaking by year-end
According to CoinDesk, SEC Chair Paul Atkins stated at an event in New York that despite disruptions from the government shutdown, the SEC plans to begin formal rulemaking on a crypto "innovation exemption" by late 2025 or early 2026. This initiative aims to encourage developers and entrepreneurs to build digital asset technologies within the U.S., reversing a four-year trend of pushing innovation overseas. Meanwhile, Congress is advancing a cryptocurrency market structure bill, and the GENIUS Act has begun providing a regulatory framework for the stablecoin industry.
Polymarket founder hints at potential launch of POLY token
Polymarket founder Shayne Coplan posted a semi-cryptic message on social media, suggesting the prediction market platform may launch its native POLY token and hinting it could become one of the largest cryptocurrencies by market cap.
Monad post may signal imminent airdrop
Monad posted a teaser on its official X account: "Airdrop claim loading (98% complete)."
YZi Labs announces $1 billion Builder Fund to support BNB ecosystem
YZi Labs announced the creation of a $1 billion Builder Fund to strengthen support for founders in the BNB ecosystem, with a special focus on innovative projects built on BNB Chain. The fund will provide developers with tools, capital, and access to an ecosystem of over 460 million users, prioritizing areas such as trading, RWA, AI, DeSci, DeFi, payments, and wallets.
Data: Over 100,000 traders participated in BSC meme coin activity, 70% profitable
According to Bubblemaps data, the memecoin market on BNB Chain has seen explosive growth, with over 100,000 traders participating and 70% achieving profits. Profit distribution follows a pyramid structure: 1 person earned over $10 million, 40 earned over $1 million, 900 over $100,000, 6,000 over $10,000, and 21,000 over $1,000.
Jia Yueting clarifies: Never issued or promoted any meme coins
Jia Yueting, founder and co-CEO of Faraday Future (FF), issued a statement on social media clarifying that neither he nor his affiliated entities FF and CXC10 have ever issued any form of meme coin, nor do they have plans to do so. Jia stated: "We’ve noticed that some individuals have been impersonating me, FF, or CXC10 to promote meme coins. We respect meme culture and the creativity it represents.
Coinbase hires 'Token & Governance Research Specialist' for Base, officially launching tokenization plans
According to The Block, Base, the Ethereum Layer 2 project incubated by Coinbase, is now hiring a "Token & Governance Research Specialist," signaling the team is formally planning potential token strategies and decentralized governance frameworks. According to the job description, the role will "define potential token objectives and develop a phased roadmap for decentralized governance of the Base chain and its ecosystem." Last month, both Base founder Jesse Pollak and Coinbase CEO Brian Armstrong said they were "exploring" the possibility of launching a native token—a shift from Coinbase’s earlier stance that it would not issue a new network token for Base.
Galaxy launches GalaxyOne platform to compete with Robinhood and Kraken
According to Decrypt, Galaxy has announced the launch of the GalaxyOne platform, offering U.S. users cryptocurrency and stock trading services to compete with Robinhood and Kraken. Users will be able to buy, hold, and trade Bitcoin, Ethereum, Solana, and Paxos Gold, with plans to add more tokens in the future. The platform will also allow commission-free trading of over 2,000 U.S. stocks and ETFs.
Market Updates
Suggested Reading
The Untold Wealth Stories of Tether’s Hidden Shareholders Behind Its $500 Billion Valuation
This article discusses Tether's plan for a new funding round aiming to raise its valuation to $500 billion, positioning it as one of the most valuable private companies globally. It details Tether’s secretive shareholders and their wealth stories, analyzing the backgrounds and shareholdings of company founders, executives, and external investors. Additionally, the article explores Tether’s development in the crypto industry, crisis responses, and future potential.
This article provides a comprehensive overview of cryptocurrency projects scheduled for token generation events (TGE) in Q4 2025, along with analysis of several high-potential undeclared projects. Covered sectors include Perp DEX, DeFi, AI, stablecoins, and prediction markets, offering users insights into engagement opportunities and potential returns.
This article summarizes an interview with Cathie Wood, founder and CEO of Ark Investment, discussing her views on the cryptocurrency market, particularly the investment value of Bitcoin, Ethereum, and Solana. She elaborates on Bitcoin’s role in the global monetary system and analyzes the value of stablecoins and blockchain technology’s impact on financial services. The article also touches on gold’s recent market performance and its underlying drivers.
Going Beyond CEX and DEX: How Bitget Is Shaping a New Competitive Landscape with UEX
This article details the development journey of the cryptocurrency exchange Bitget and its innovative initiatives within the industry. From its founding to key strategic shifts, it analyzes Bitget’s strategy, including breakthroughs in derivatives trading, Web3 ecosystem development, expansion into institutional markets, the ecosystem value of its platform token BGB, and brand and compliance efforts. It also highlights Bitget’s introduction of the UEX (Universal Exchange) concept and its future direction.
Token 2049 Summit Dialogue: Arthur Hayes and Tom Lee Debate DATs, Ethereum, and the Next Market Wave
This article covers a pivotal dialogue at Token 2049, focusing on the debate between Arthur Hayes and Tom Lee regarding Ethereum’s ecosystem, Digital Asset Trusts (DATs), privacy coins, and the future trends of cryptocurrency. They discuss Ethereum’s institutional adoption, integration and challenges in the DAT market, the potential of stablecoins, competition in perpetual futures markets, and innovation directions in the crypto space.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
深潮TechFlow
