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1kx Ventures' affiliated address went long 10x on ENA, and was liquidated during a recent market crash

3 hours ago

On October 13th, as monitored by OnchainLens, a wallet connected to Christopher Heymann, the Co-Founder of 1kx Fund, transferred 2 million USDC into HyperLiquid and reactivated a 10x leveraged long position in ENA. Before this, he had put $4.22 million into HyperLiquid but was liquidated during a recent market crash.
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Circle: No Plans to Launch a Hong Kong Dollar-Led Stablecoin, But Open to Collaboration

On October 13th, Chen Xinqi, the vice president of Circle in the Asia-Pacific region, stated that currently professional investors in Hong Kong can still utilize USDC within the existing framework without the need for additional regulations. The company currently has no intentions to issue a Hong Kong dollar-denominated stablecoin and is mainly concentrating on the US dollar stablecoin USDC and the Euro stablecoin EURC. Chen Xinqi also pointed out that Circle maintains an open stance towards cooperation related to the Hong Kong dollar stablecoin. It has engaged in discussions with multiple institutions and looks forward to the launch of the Hong Kong dollar and other stablecoins in the Hong Kong market. (Aastocks)

3 minutes ago

FLock.io has signed a Memorandum of Understanding with Grown-Up China International, incorporating FLOCK into its strategic reserves and advancing privacy AI applications.

On October 13th, Flock.io entered into a Memorandum of Understanding (MOU) with Daren Group International Ltd. Daren Group International will incorporate FLOCK into its strategic token reserve treasury. This partnership will extend its privacy AI capabilities from highly compliant sectors like healthcare and finance to consumer manufacturing and apparel supply chains. In accordance with FLock's Productive DAT roadmap, it will facilitate the synergy between digital assets and real-world business operations. Previously, FLock has collaborated with the United Nations Development Programme, serving as the UNDP's Artificial Intelligence Strategic Partner and participating in its SDG Blockchain Accelerator as a technical collaborator. It has also maintained close cooperation with the Alibaba Qwen Model and other technological ecosystems.

3 minutes ago

Trump's youngest son, Barron, holds a 10% stake in WLFI, valued at $150 million

On October 13th, according to a report in Forbes, Barron, who is Trump's youngest son, holds a 10% stake in World Liberty Financial, a cryptocurrency company founded by the Trump family. This stake is estimated to be worth $150 million. The report pointed out that Barron was born in 2006 to Trump's third wife. In 2015, when Trump announced his presidential campaign at Trump Tower, Barron was only nine years old. Among all the president's children, Barron has always maintained a low profile. A few months after his father's move in 2017, he moved to Washington, D.C. It is reported that he attends a private school in Maryland with an annual tuition fee of up to $50,000. Furthermore, recent community rumors such as "Barron Trump purchasing a $500 million yacht" and "shorting crypto to make a profit of over $1 billion" have not been officially confirmed by any authoritative sources.

3 minutes ago

HYPE Whale Plan to Increase Holdings by 122,000 HYPE Tokens, Worth $4.83 Million

On October 13th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the TOP36 whale address 0x7BE...480D8 of HYPE deposited 8 million USDC into Hyperliquid 5 minutes ago. Subsequently, it placed two TWAP buy orders for HYPE, amassing a total of 122,000 tokens.

3 minutes ago

Forbes: Trump May Be One of the Largest Bitcoin Investors in the U.S., Holding About $870 Million

October 13th. As per Forbes, US President Trump currently holds approximately $870 million in Bitcoin indirectly, which makes him one of the world's major Bitcoin investors. The report indicates that Trump holds a significant amount of Bitcoin indirectly through his ownership of shares in Trump Media & Technology Group (TMTG). TMTG operates the social media platform Truth Social. Although it generates less than $4 million in annual revenue, it has a market value of tens of billions of dollars on the Nasdaq. Earlier this year, TMTG raised $2.3 billion through debt and the sale of overvalued stocks. In July, it purchased around $2 billion worth of Bitcoin. Subsequently, Trump's stake in the company has decreased from 52% to 41%. Since the company's Bitcoin strategy was implemented, the price of BTC has increased by about 6%, and it is estimated that the value of Bitcoin held by Trump's shares is approximately $870 million.

3 minutes ago

Matrixport: This "Surrender Event" is of historical significance, completely reshaping the cryptocurrency market's position distribution.

October 13th. Matrixport published a market view today, stating that Trump threatened to impose a 100% tariff on China, which triggered a historic crash in the crypto market. This shock coincided with a high leverage ratio and extremely optimistic market sentiment. As prices fell, automatic liquidation orders on decentralized exchanges (DEX) began to cascade and trigger. Due to insufficient liquidity and low trading volume, these forced liquidation orders were executed passively, further intensifying the market sell-off. At one point, the Ethereum funding rate plummeted to -39%, marking one of the most severe pullbacks in recent years, nearly wiping out excessive leverage positions in the market. In this downturn, only a very small number of traders benefited. As volatility gradually subsides, market indicators show signs of new long positions being rebuilt. This historically significant "surrender sell-off" has completely reshaped the overall position structure of the entire crypto

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