ETH falls below the $3700 mark

[Arthur Hayes Plans to Raise $250 Million to Establish Private Equity Firm] According to reports, Arthur Hayes plans to raise $250 million to establish a private equity firm, aiming to acquire small to medium-sized cryptocurrency companies.

Binance宣布将ZEROBASE(ZBT)添加到多个服务中，包括杠杆交易，于2025-10-17 21:00（UTC+8）正式上线。 注意事项： - ZBT Flexible Products on Binance Simple Earn and Margin Trading pairs (ZBT/USDT, ZBT/USDC) will be available starting 2025-10-17 13:00 UTC. - BNB holders in Simple Earn or On-Chain Yields are automatically eligible for ZBT airdrops based on historical BNB balance snapshots. - Newly listed tokens like ZBT may be volatile; users should implement strict risk management strategies.

[Trump: Plans to meet with Xi Jinping within two weeks to discuss tariff issues] The U.S. Treasury Secretary stated that the meeting between Trump and Chinese President Xi Jinping is expected to take place this month, despite Trump previously threatening to cancel the talks. He also mentioned that the current U.S. tariff policy toward China is unsustainable. (Cointelegraph)

[Whale withdraws 20.8 million USDT from Aster and purchases 143.98 BTC] According to MLM monitoring, the whale who sold 5.07 million HYPE tokens three weeks ago recently withdrew $20.8 million USDT from Aster, transferred it to Hyperliquid, and purchased 143.98 BTC, valued at approximately $16.7 million.

[White House Economic Advisor: The Expected Three Rate Cuts May Be Just the Beginning] White House economic advisor Hassett stated that the Federal Reserve's expected three rate cuts might only be the beginning. He also expressed optimism about the U.S. credit market, believing that the U.S. can always maintain its lead. Additionally, Hassett mentioned that if the U.S. government shutdown continues until this weekend, President Trump may take even tougher actions.