On September 9, the Meme coin LAPTOP, launched by President Biden's son, saw its market value plummet from $300 billion to $4.3 billion within just 40 minutes of its debut, with a trading volume of $6.8 million during that period.
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LAPTOP Cryptocurrency Loses $296 Billion in Value Within 40 Minutes of Launch
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Serenity: Not Surprised by LAPTOP's Over 96% Drop, Such Issuances Cannot Benefit Retail Investors
On September 9, 'White-haired Stock God' Serenity stated that he was not surprised by the 96.16% drop of the meme coin LAPTOP related to Hunter Biden after its launch, and believes that such token issuances cannot yield positive results for retail investors. -
Global Gold ETFs Attract $18 Billion in August, Second Largest Monthly Inflow in History
On September 9, the World Gold Council reported that global gold ETFs attracted $18 billion in inflows in August, marking the second largest monthly inflow on record. This surge pushed the total assets under management to $615 billion, with holdings reaching a historic high of 4,189 tons. North America recorded the third largest monthly inflow in history, while Europe achieved its strongest monthly performance ever, together accounting for nearly 90% of global demand. Activity in the gold market has rebounded significantly, with the average daily trading volume in major market segments increasing by 21% month-on-month. -
US 10-Year Treasury Yield Rises to 4.8184%, Highest Level Since November 2023
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Hyperliquid Policy Center Seeks Dismissal of CME's Lawsuit Against CFTC
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U.S. Treasury Expands Sanctions on Iran to Include Digital Asset Sector
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European Stocks Decline, French CAC 40 Index Falls 2%
European stocks have seen an expanded decline, with the French CAC 40 index dropping 2%, the Euro Stoxx 50 index falling nearly 2%, the German DAX index down 1.6%, and the UK FTSE 100 index decreasing by 1.2%. The Euro Stoxx 600 index fell 1.5%, marking its largest drop in two months. Meanwhile, the yield on the US 2-year Treasury note rose to 4.42%, the highest level since July 2024. UK government bonds also fell, with the yield on the UK 10-year bond increasing by 5 basis points to 5.23%. -
Binance to Launch 'Bull Market' with Seed Tag
On September 9, according to an official announcement, Binance will launch 'Bull Market' and add a seed tag for it. It will also open spot trading pairs for Bull Market/USDT, Bull Market/USDC, and Bull Market/TRY. -
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Impact of Binance Listing: 'Bull Run' Surges Over 40%
On September 9, market data showed that 'Bull Run' surged over 40% in a short time due to the news of its listing on Binance for spot trading, with a current market capitalization reported at $129 million. -
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