The U.S. Department of Commerce announced on Thursday that retail sales in September exceeded expectations and grew by 0.4% month-on-month, highlighting that U.S. consumer spending remains resilient and continues to provide a strong driving force for the U.S. economy. A series of recent solid economic data has reinforced the market's expectation of a 25 basis point interest rate cut. According to 4E monitoring, after the data was released, U.S. stocks opened high and fell. The S&P hit an intraday high and then turned down. The Nasdaq also nearly wiped out the gains at the beginning of the session, but the Dow hit an intraday and closing high and rose for two consecutive days. As of the close, the S&P 500 fell 0.02%, the Nasdaq rose 0.04%, and the Dow rose 0.37%; the crypto market fluctuated slightly with the U.S. stock market. As of press time, Bitcoin was at 67,972, up 0.8%, and Ethereum was at 2,632, up 0.43%. In terms of foreign exchange, positive economic data pushed the US dollar index to an 11-week high, with a cumulative rebound of 3.34% since October. The European Central Bank cut interest rates as expected on Thursday, causing the euro to fall for four consecutive days to an 11-week low. The unexpected decrease in US EIA crude oil inventories last week suggested that demand was robust, causing international oil prices to rise by about 0.40%, ending a four-day decline and breaking away from a two-week low. Spot gold benefited from the uncertainty of the US election and more expectations of monetary policy easing, approaching $2,700 to hit a new record high, and has risen by more than 30% this year. The data released recently showed that the latest retail sales continued to grow, the non-farm payrolls data exceeded expectations, the unemployment rate was stronger than expected, and the number of initial jobless claims showed a cooling trend in recent weeks. In addition, the US inflation continued to steadily decline and the long-term GDP growth rate was revised upward beyond expectations, providing strong support for the logic of the US economy's "soft landing". At the same time, the global new round of interest rate cuts accelerated, which greatly improved the sentiment of the financial market and investors' risk appetite generally increased. eeee.com is a financial trading platform that supports cryptocurrencies, stock indices, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with a potential hedging option. 4E reminds you to pay attention to market volatility risks and allocate assets reasonably.

According to market data, the Meme coin Daram on Ethereum has increased by 358% in 24 hours, with a market value of over 45 million US dollars, a temporary price of 0.0002154 US dollars, and a 24-hour trading volume of 12 million US dollars. According to previous news, Daram has been praised by Ethereum founder Vitalik twice in a row.

According to SoSoValue data, yesterday (October 17, EST), the total net inflow of Ethereum spot ETFs was $48.4063 million. Yesterday, Grayscale Ethereum Trust ETF ETHE had a single-day net outflow of $15.7434 million, and the current historical net outflow of ETHE is $3.012 billion. Grayscale Ethereum Mini Trust ETF ETH had a single-day net inflow of $5.1343 million, and the current historical total net inflow of Grayscale Ethereum Mini Trust ETH is $303 million. The Ethereum spot ETF with the largest single-day net inflow yesterday was Fidelity ETF FETH, with a single-day net inflow of $31.1207 million, and the current historical total net inflow of FETH reached $498 million. The second is BlackRock ETF ETHA, with a single-day net inflow of US$23.5559 million. Currently, ETHA has a total net inflow of US$1.258 billion. As of press time, the total net asset value of Ethereum spot ETF is US$7.18 billion, and the ETF net asset ratio (market value to Ethereum's total market value) is 2.3%, and the historical cumulative net outflow has reached US$482 million.

Meme, how should we correctly understand the "Meme Coin Super Cycle"? Golden Finance, the Meme Coin Super Cycle theory is spreading rapidly.

Shenyu posted on the X platform that when there are security risks on the front end, hardware wallets, as the last line of defense, should ensure the safety of assets. However, at this stage, the problem of blind signatures is prevalent, which provides hackers with opportunities to take advantage of, and this problem must be solved.

According to SoSoValue data, yesterday (October 17, EST), the total net inflow of Bitcoin spot ETFs was $470 million. Yesterday, Grayscale ETF GBTC had a single-day net inflow of $45.7048 million, and the current historical net outflow of GBTC is $20.096 billion. Grayscale Bitcoin Mini Trust ETF BTC had a single-day net outflow of $0.00, and the current total historical net inflow of Grayscale Bitcoin Mini Trust BTC is $419 million. The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock ETF IBIT, with a single-day net inflow of $309 million, and the current total historical net inflow of IBIT reached $22.77 billion. The second largest ETF is ARKB from Ark Invest and 21Shares, with a daily net inflow of $100 million. Currently, ARKB has a total net inflow of $2.748 billion. As of press time, the total net asset value of the Bitcoin spot ETF is $64.061 billion, and the ETF net asset ratio (market value to the total market value of Bitcoin) is 4.84%, with a total net inflow of $20.664 billion.

According to the official announcement, the crypto trading platform WEEX will launch the 17th WE-Launch project Unamano (WHYPAD) from 10/18 15:00 – 10/23 15:00 UTC+8. Users who invest ≥ 1,000 WXT can participate in the sharing of 24,542,888 WHYPAD according to the effective investment ratio. The effective investment is calculated based on the investment multiples of the corresponding level. The invested WXT can participate in other projects at the same time without lock-up or pledge requirements. In addition, the 16th WE-Launch event of WEEX is in progress. Users who invest ≥ 1,000 WXT before 10/22 15:00 UTC+8 can participate in the sharing of 35,135,155,708 PeiPei (PEIPEI) according to the effective investment ratio.

According to Foresight News, Maneki has been announced as the new season partner and official shirt sponsor for Sheffield United, a team in the English Championship. This partnership has received official approval from the English Football Association. The Sheffield United jerseys featuring the Maneki cat logo are now available for purchase at the Blades Superstore and online.

Ripple (XRP) gains on Thursday as traders digest the uncertainty in the Securities & Exchange Commission’s (SEC) appeal in the lawsuit. source: https://www.fxstreet.com/cryptocurrencies/news/xrp-gains-as-secs-appeal-faces-jeopardy-over-deadline-confusion-in-lawsuit-202410180240

Stablecoins are already becoming a mainstream digital tool for everyday use. Now, both companies and regular users utilize them for payments. In Singapore, for example, the stablecoin payment value reached $1 billion a few weeks ago, once again proving that they are becoming a key solution for businesses – and e-commerce is no exception. This […] source: https://dailyhodl.com/2024/10/17/the-power-of-stablecoins-boosting-e-commerce-payments-and-opening-doors-for-retailers-in-crypto/

Investor confidence in Bitcoin is rising, as shown by a surge in new whale wallets and increased active addresses, signaling potential market growth. source: https://coinpaprika.com/news/new-bitcoin-whale-wallets-surge-amid-growing-investor-confidence

Despite his imprisonment, it is reported that Do Kwon, the disgraced founder of Terra, managed to make multiple cryptocurrency payments while in custody in Montenegro.

ARK believes that five major innovation platforms may have a significant impact on macroeconomic indicators in the next five to ten years.

字节跳动旗下的短视频平台 TikTok 因其虚拟代币系统可能涉及未经注册的加密货币交易行为而在英国面临审查。TikTok 金币可通过真金白银购买并转换为现金，引发了关于其可能被用于洗钱和恐怖融资的担忧。

Elvis Presley has entered the Bitcoin ecosystem with a new collection of generative art called "Elvis Side $Btc," featuring 1,935 unique images created in collaboration with Royalty and OrdinalsBot. This project aims to preserve Elvis's legacy through a decentralised autonomous organisation (DAO) that will benefit from sales of the collection.

North America remains the world’s largest cryptocurrency market, with an estimated $1.3 trillion in on-chain value between July 2023 and June 2024, representing approximately 22.5% of global activity.

Liam Payne, famed One Direction singer, tragically fell from a Buenos Aires hotel balcony. Alleged evidence of drug and alcohol use has prompted a police search. Within 24 hours, over 150 meme coins were launched—some in tribute, others exploiting his death. Is profiting from tragedy crossing the line?

近日，一名出境中国的旅客因携带冷钱包险遭海关扣押，引发关注。专家提醒：为了避免资产风险，建议在出入境中国时不要随身携带冷钱包。

The former president’s DeFi tokens have not sold well due to various issues, including restrictions on investment targets and non-transferability.

The electric car maker moved its stored bitcoin to a new wallet earlier this week, sparking speculation about why it did so.