The Federal Reserve Reveals List of Five Final Candidates for New Chair

On October 27th, as monitored by Onchain Lens, within the past 12 hours, a whale address purchased 8.06 million ASTER tokens on the Aster platform at a price of $1.13 each, with a total transaction value of $9.14 million.

On October 27th, based on Coinglass data, the current mainstream CEX and DEX funding rates show that after the crypto market witnessed a rebound in the past two days, market participants have heightened their bearish sentiment towards altcoins. Nevertheless, the Bitcoin funding rate has reverted to a neutral state. The specific funding rates are presented in the following chart. BlockBeats Note: Funding rates are rates established by cryptocurrency exchanges to ensure the equilibrium between contract prices and underlying asset prices, typically applicable to perpetual contracts. It is a fund exchange mechanism between long and short traders, and the trading platform does not levy this fee. It is used to adjust the cost or profit of traders holding contracts in order to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When

On October 27th, the Semantic Layer team made an announcement on social media that the airdrop for their project token 42 has now commenced for claiming, and users are required to claim it through the official channel.

On October 27th, the China-US economic and trade team completed a two-day negotiation on October 26th in Kuala Lumpur, Malaysia. A preliminary consensus was reached on extending the tariff suspension period, export controls, the 301 measures in the shipbuilding industry, and other issues. Both sides agreed to continue to implement the details and go through domestic procedures. The market generally holds the view that this progress indicates that the China-US economic and trade relationship is gradually improving. The positive news has boosted global risk appetite, and both the Hong Kong and US stock markets have strengthened. The crypto market has also risen in unison. Bitcoin has broken through $115,000, and Ethereum has exceeded $4,200, continuing its recent upward trend. BiyaPay analysts believe that the outcomes of the China-US negotiations, expectations of loose policies, and the possibility of the Fed continuing to cut interest rates jointly support the market's short-term stre