Solana (SOL) 40% Performance Boost: What's in Agave 3.0?

PANews reported on October 18th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $223 million in liquidated contracts across the network, including $126 million in long positions and $96.7971 million in short positions. The total amount of BTC liquidations was $47.3687 million, and the total amount of ETH liquidations was $59.6492 million.

The post Chinese Exchange Founder Announces $1 Billion Ethereum (ETH) Investment appeared on BitcoinEthereumNews.com. Li Lin, founder of Huobi exchange and chairman of Avenir Capital, is preparing to establish a $1 billion digital asset trust with leading Asian Ethereum investors. According to sources, the new trust will focus on Ethereum (ETH) purchases and aims to offer a regulated investment vehicle to institutional investors. Alongside Lin, the project also includes early Chinese crypto pioneers such as Fenbushi Capital co-founder Shen Bo, HashKey Group CEO Xiao Feng, and Meitu Inc. founder Cai Wensheng. The team plans to acquire a Nasdaq-listed shell company to facilitate the structure, according to the sources. Approximately $1 billion in total funding has been raised, with $200 million reportedly coming from Li Lin’s Avenir Capital and $500 million from Asian-based institutional investors like HongShan Capital Group. Discussions are ongoing, and plan details are subject to change. The new fund aims to offer regulated investment in Ethereum and related assets, amid growing demand for institutional access to digital assets following the surge in interest in Bitcoin ETFs in the U.S. A formal announcement of the trust is expected within the next two to three weeks. Li Lin sold Huobi, which he founded in 2013, to Justin Sun after China’s 2021 cryptocurrency ban and later founded Hong Kong-based investment firm Avenir Capital. Avenir is now one of the largest Bitcoin ETF investors in Asia and manages over $1 billion in assets. Shen Bo, Xiao Feng, and Cai Wensheng, who were among the early supporters of Ethereum, have been shaping the new investment strategies of Chinese crypto elites by turning to offshore and regulated investment vehicles in recent years. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/chinese-exchange-founder-announces-1-billion-ethereum-eth-investment/

The post Golden Trump statue holding Bitcoin appears outside U.S. Capitol appeared on BitcoinEthereumNews.com. A 12-foot golden statue of Trump gripping a Bitcoin was placed outside the U.S. Capitol on Wednesday evening in Washington. The installation appeared just before the Federal Reserve’s latest interest rate announcement. It stood along 3rd Street from 9 a.m. to 4 p.m., pulling crowds as D.C. tried to make sense of a foam version of the president staring down Congress with a crypto in hand. At 2 p.m., the Fed cut its benchmark interest rate by 0.25 percentage points, bringing the short-term rate from 4.3% to 4.1%. It’s the first rate cut since December, after a year of concerns about slowing job growth and rising unemployment. The Fed also outlined plans for two more cuts before the end of this year, but said it only expects one cut in 2026. That didn’t sit well with Wall Street, which had priced in five cuts by next year, as Cryptopolitan extensively reported. Crypto organizers livestream token to support Trump statue The statue was funded by a group of cryptocurrency investors, most of whom are staying anonymous. Their goal was to make a loud, unavoidable point about the future of crypto and government power. Hichem Zaghdoudi, who spoke for the group, said: “The installation is designed to ignite conversation about the future of government-issued currency and is a symbol of the intersection between modern politics and financial innovation. As the Federal Reserve shapes economic policy, we hope this statue prompts reflection on cryptocurrency’s growing influence.” To push the message even further, the group launched a memecoin on Pump.fun. They used multiple livestreams to pump the token and tie it directly to the statue stunt. One organizer, speaking during a stream on Tuesday, said the statue was built using “extremely hard foam” to make it easier to move. Posts on their X account…