Cointime

Download App
iOS & Android

Lagarde Resigns Due to Inability to Remain Neutral in French Politics

On October 29, Reuters cited an informed source on Thursday stating that European Central Bank President Christine Lagarde resigned because she could no longer maintain neutrality in French politics and wished to express her views more freely. France is preparing for next year's presidential election, with far-right candidate Marine Le Pen currently seen as the most promising contender for victory.

Comments

All Comments

Recommended for you

  • US Treasury Yields Decline Further

    On October 29, following the release of US PCE data, US Treasury yields declined further; the yield on the 10-year Treasury bond fell by 2.74 basis points to 5.02%.
  • Huobi HTX Reaches Constructive Communication with FCA, Legal Dispute Resolved

    On October 29, Huobi HTX announced that the legal lawsuit initiated by the UK's Financial Conduct Authority (FCA) against the exchange has been properly resolved following a period of constructive communication between both parties. Huobi HTX has consistently cooperated sincerely with the FCA, actively collaborating and responding to its concerns regarding the UK market. During this period, Huobi HTX has gradually strengthened restrictions related to the UK market and exit arrangements based on its commitment to ongoing compliance standards, implementing supporting operational measures. These measures were already in place before the resolution was reached. The settlement further solidifies these measures and does not constitute an admission of any legal liability, misconduct, or violations by Huobi HTX. The resolution eliminates related legal uncertainties and aligns with the exchange's commitment to continuously enhance its compliance levels. This allows Huobi HTX to focus on its most important task: providing high-value services to users and achieving long-term sustainable growth. Huobi HTX appreciates the professional cooperation from all parties involved in resolving this matter and will continue to focus on responsibly serving its users. Looking ahead, Huobi HTX is willing to engage in constructive collaboration with industry stakeholders, including working with regulatory bodies where appropriate, to jointly safeguard user interests and promote the healthy development of the digital asset ecosystem.
  • Japanese Stock Funds See Over $6 Billion Inflow in a Week, Leverage Nikkei Funds Gain Momentum

    According to EPFR data, for the week ending in late October, net inflows into Japanese stock funds exceeded $6 billion, marking the fourth time this level has been surpassed on record and the first time since late April. Cumulative net inflows since 2026 have surpassed $33 billion, equivalent to 2.8% of the assets of related funds. However, the structure of this inflow is noteworthy: over half of the funds flowed into those tracking the Nikkei 225 index, with the inflow scale second only to the record set in 2019; leveraged Nikkei funds saw inflows rise to a 16-week high, ending three consecutive weeks of net outflows. In contrast, funds tracking the MSCI Japan index had previously shown more stable inflows. The data indicates that the recent inflow into the Japanese stock market reflects not only long-term allocation demand but also significant index trading and leveraged fund activities. If market volatility increases, leveraged funds may quickly reverse their flows, making it a key focus to see if this substantial weekly inflow can translate into sustained allocation.
  • Microsoft Launches 10 Tranches of High-Grade Dollar Bonds

    Microsoft has launched 10 tranches of high-grade dollar bonds, marking the first issuance since 2017.
  • HYPE Rises Over 8% in the Last Hour, Currently Priced at $86

    On October 29, market data shows that HYPE has continued to surge, rising over 8% in the last hour, currently priced at $86. Previously, it was reported that Trade.xyz and ICE plan to launch a Hyperliquid perpetual futures market in the U.S.
  • Trade.xyz and ICE Plan to Launch Hyperliquid Perpetual Futures Market in the U.S.

    On October 29, Trade.xyz (trade[XYZ]) announced on X that it is collaborating with the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, to launch a Hyperliquid-based 24/7 perpetual futures market in the United States. The two parties plan to establish a dedicated U.S. market, supported by new trading and clearing infrastructure, which still requires approval from the Commodity Futures Trading Commission (CFTC). The planned contracts will cover stocks, indices, commodities, foreign exchange, and crypto assets, with access provided through partner brokers and platforms. Trade.xyz stated that its market on Hyperliquid has accumulated over $650 billion in trading volume in just over a year. ICE will make a strategic investment in this venture, with specific terms undisclosed; investors including Stan Druckenmiller and other market participants will also join. This U.S. market will be developed alongside the existing HIP-3 market.
  • Analyst: Bitcoin Returns Above Strategy 2026 Cost Line, Positions Still at a Loss Since 2025

    On October 29, analyst Darkfost stated that Strategy currently holds 848,517 BTC, with an overall average purchase cost of approximately $75,446. The price of Bitcoin has recently climbed back above its 2026 holding cost line of about $78,900; however, when accounting for all purchases since 2025 and sales at this summer's lows, the estimated cost remains around $90,600, which is higher than the current BTC price. Darkfost noted that Strategy has resumed purchasing BTC after a pause of several weeks, but did not make any new purchases last week, meaning that the new positions added since 2025 have yet to realize an overall profit.
  • Whale Sells 694,300 HYPE Tokens Worth $53.27 Million in 5 Days

    On October 29, according to monitoring by Lookonchain, a certain whale sold 694,300 HYPE tokens in the past 5 days, valued at $53.27 million.
  • Communiqué of the Fifth Plenary Session of the 20th Central Committee of the Communist Party of China

    According to Xinhua News Agency, the Fifth Plenary Session of the 20th Central Committee of the Communist Party of China was held in Beijing from October 26 to 29, 2026.
  • Trader with 100% Win Rate Goes Long on Nearly 19,500 ETH with 25x Leverage

    On October 29, according to monitoring by Lookonchain, one hour ago, a trader with a historical win rate of 100% (address starting with 0xe813) established a long position of 19,491 ETH using 25x leverage, valued at approximately $45.34 million, with an unrealized profit of $315,000. Data shows that this trader has previously completed 5 trades, all of which were profitable, with a total profit of $4.6 million.