[Under Hyperinflation, 'Binance USDT' Becomes Venezuela's De Facto Currency] According to a report by Cointelegraph, due to hyperinflation with an annual rate as high as 229%, USDT traded via Binance P2P has become the de facto currency in Venezuela's daily commercial activities, serving as both a unit of account and a settlement tool. To avoid frequent price fluctuations caused by the continuous devaluation of the bolívar, local merchants commonly peg product prices to the real-time USD exchange rate on Binance P2P for settlement. Due to the scarcity of physical US dollars, USDT based on the TRC-20 network has replaced cash as the preferred choice for small daily transfers among households and small-to-medium-sized enterprises, thanks to its low transaction fees and convenience. This has effectively achieved a stablecoin-driven de facto crypto-dollarization.

In the past 12 hours, the main force of BTC has had a net outflow of $295 million, dominated by large selling orders, especially two large selling pressures of over $68 million at prices of $125000 and $122900, indicating a clear willingness of the main force to short. Combined with the current 2-hour cycle K-line, the black three soldier pattern continues its downward trend with three consecutive bearish lines, and the MACD dead cross further confirms the short-term bearish signal. Although the price is still above the EMA24/52 moving average, the divergence of the KDJ indicator indicates that the downward trend is strengthening, and support levels may be tested in the future. Real time monitoring of major orders helps you capture the flow of funds and seize market opportunities! Open a membership now and get a sneak peek at the main trends! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

[Putin Warns U.S. Against Providing Missiles to Ukraine, Citing Potential Damage to Russia-U.S. Relations] On October 5 local time, Russian President Vladimir Putin stated that if the United States provides long-range precision strike weapons such as 'Tomahawk' missiles to Ukraine, it will destroy the positive momentum in Russia-U.S. relations. He also emphasized that his remarks at the annual meeting of the 'Valdai International Discussion Club' were merely stating facts, and subsequent developments depend on the positions of the relevant parties.

[Crypto Market Total Market Cap Surges by $110 Billion in a Single Day, Bitcoin Hits Record High] According to Finbold data, the total market cap of the cryptocurrency market has significantly increased over the past 24 hours, rising from $4.15 trillion to $4.26 trillion, with approximately $110 billion in single-day inflows. This round of market growth is closely tied to Bitcoin (BTC) reaching a historic high of $125,000, further fueling heightened market sentiment.

[Lighter Founder: Season 2 Points Campaign Will End Before Year-End, Not December 31] Odaily Planet Daily News - Lighter founder and CEO Vladimir Novakovski clarified on X that the Season 2 points campaign is planned to end before the end of the year, not on December 31.