Express News | Golden Morning News | Overview of Key Overnight Developments on October 11

21:00-7:00 Keywords: Coinbase, Ledger, Relay, Houthi rebels 1. Houthi rebels claim Saudi airstrikes targeted Sanaa Airport in Yemen; 2. Shareholder lawsuit against Coinbase dismissed following its reincorporation in Texas; 3. French Finance Committee approves amendments to stablecoin conversion tax and crypto exit tax; 4. Ledger confirms unauthorized hardware implants found in some hardware wallets; 5. Relay to shut down Relay Vaults; withdrawal page to close on December 31; 6. Viewpoint: Tom Lee states Ethereum could rise to $25,000–$50,000 in this cycle; 7. Entropy acquires "xiaomi" (Xiaomi) ticker for 569.98 HYPE tokens, possibly signaling an upcoming launch of its perpetual contracts.

Latest17minutes ago

Ethereum Price Drops to Crucial Support as ETF Selling Spree Continues

Ethereum (CRYPTO: ETH) price has lost momentum and crashed to a crucial support level as American investors continued to book profits after the recent rally. ETH token retreated to the important

Benzinga03:20

Express News | U.S. spot Ethereum ETFs recorded net outflows of $542.1 million last week, marking their worst weekly performance since January.

On October 10, U.S. spot Ethereum ETFs recorded net outflows of $542.1 million last week, marking the largest weekly outflow since January this year, with consecutive days of outflows reaching nine. Solana ETFs saw weekly net outflows of $24.8 million, ending a 14-week streak of inflows and representing the largest weekly outflow since the product's launch.

LatestOct 10 23:28

Express News | Tom Lee: Ethereum Poised to Hit $50,000 in Current Bull Run, May Surpass $5,000 by Year-End

On October 10, Tom Lee stated that Ethereum (ETH) is projected to reach between $25,000 and $50,000 in the current bull market cycle, with a potential breakthrough of $5,000 by the end of this year. If Bitcoin's price surpasses $100,000, ETH is expected to rise to approximately $7,500. Market traders remain cautious about this outlook, with data indicating that they assign only a 4% probability to ETH reaching $5,000 by the end of 2026.

LatestOct 10 22:38

"Rising October" Fails to Gain Momentum: Bitcoin's Rebound Lacks Strength, Analysts Warn There Is Still Room for Further Decline

1. Prediction markets indicate a 67% probability that Bitcoin will fall to $80,000 or below in October. Analysts point out that the $72,000–$77,000 range constitutes a key support zone. 2. Although

cls.cnOct 10 22:20

Express News | Less than 10 minutes after Papertrade went live, the notional trading volume reached $14.4 billion.

On October 10, less than 10 minutes after Papertrade went live, the notional trading volume had already reached $14.4 billion, with open interest in Bitcoin and Ethereum contracts standing at $3 billion and $2.66 billion, respectively. Under the project mechanism, the protocol mints a certain amount of PAPER tokens according to a curve for every $1 loss incurred by platform users; when the LP balance is below $2 million, 100 PAPER tokens are minted for every $1 loss, and once the LP balance exceeds $2 million, the minting rate declines as the balance increases.

LatestOct 10 22:14