BTC breaks through the $113000 mark

[Brazil's Central Bank Plans to Strengthen Forex Regulation, Crypto Exchanges May Be Affected] Brazil's Central Bank recently released a public consultation document proposing new regulations for the foreign exchange industry, which could impact the operations of cryptocurrency exchanges. Although the proposal does not directly mention cryptocurrency transactions or exchanges, the new rules would require forex service providers to apply for licenses, submit customer transaction data, and conduct fund transfers through designated entry and exit points. Additionally, the amount for a single transaction must not exceed $10,000. These regulations could affect platforms that allow customers to conduct international transfers or sell cryptocurrencies in currencies other than the Brazilian Real. The Central Bank of Brazil aims to enhance transparency in the forex industry, but local media have warned that both domestic and international crypto exchanges may face restrictions. The public consultation period will run until November 2.

[U.S. Treasury Secretary Besant: Uncertain if the U.S. government will shut down next week] Odaily Planet Daily News - U.S. Treasury Secretary Besant stated that it is unclear whether the U.S. government will shut down next week. (Jin10)

[U.S. Treasury Secretary Besent: The Federal Reserve's interest rates have been too high for too long] Odaily Planet Daily reports: U.S. Treasury Secretary Besent stated that the Federal Reserve's interest rates have been too high for too long; we are about to enter an easing cycle.

[Stablecoin Startup Bastion Raises $14.6 Million] Stablecoin startup Bastion announced the completion of a $14.6 million funding round, led by Coinbase. Venture capital arms of Sony and Samsung, along with firms such as Andreessen Horowitz and Hashed, also participated.

Bitget UXLINK/USDT's perpetual trading volume surged tenfold within 10 minutes, with a turnover of 42.08 million US dollars in the past 24 hours, a decrease of 33.00% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally