Arthur Hayes New Article: Bitcoin's Four-Year Bull Market Cycle May Have Failed, with USD and RMB Liquidity Becoming Key Variables

On October 9th, the Web3 gaming ecosystem project Moonveil ($MORE) witnessed a significant rebound in its price following a severe fluctuation triggered by the delisting of the Gate perpetual contract. The market capitalization has increased from a low of $22 million on October 7th to approximately $55 million currently, experiencing a surge of more than 132% over the past 48 hours. According to an official announcement from Moonveil, Gate unexpectedly announced the delisting of 15 perpetual contracts, including $MORE, on October 6th without prior communication with the project team. They only provided a forced liquidation window of less than 24 hours, resulting in the centralized liquidation of about $2-3 million in open interest contracts and causing temporary market panic. The Moonveil team later released a statement highlighting that the foundation, investors, and core community (including the UnicornX community) did not sell tokens and that some are still actively buying. Moonve

On October 9th, Binance Wallet enters into a partnership with Four.Meme to launch an exclusive Meme Rush platform. This allows for the exploration of high-potential Meme tokens through a dedicated channel. A new feature is introduced specifically for Binance Wallet (non-private key address) users, making it more convenient for them to discover and participate in Meme token projects. It provides users with a more equitable, transparent token mechanism and a leaderboard for real-time tracking of token performance. The key features of Meme Rush are as follows: Exclusive access for Binance Wallet (non-private key address) users: Authenticated Binance Wallet users can participate in the early stages of Meme token issuance, enjoying a fair, secure, and transparent trading environment. Tokens go through stages of "New Coin" and "Upcoming," issued using a Bonding Curve model, and then migrate to decentralized exchanges (DEX), allowing open trading for any user. The performance of the token w

On October 9th, Binance Alpha launched Walrus (WAL). As previously announced, during the first 18 hours of Walrus (WAL) airdrop Phase 1: Users who hold at least 210 Alpha Points are eligible to claim. During the next 6 hours of Phase 2: Users holding at least 195 Alpha Points can participate in the Phase 2 airdrop on a first-come, first-served basis. If the event is not yet completed, the points threshold will automatically decrease by 15 points every hour.

On October 9th, the BNB Chain token issuance platform Four.Meme officially declared the launch of the Binance Wallet-exclusive token release page. This novel feature enables users and creators to directly explore, issue, and trade high-potential Meme tokens directly through the Binance Wallet, thereby redefining the meaning of fair and accessible token distribution on the BNB Chain. During the initial bonding curve phase, only Binance Wallet (keyless) users are eligible to trade the token, providing verified users with early access to emerging projects. Standard-compliant Meme tokens may be listed on Binance Alpha, where active traders and contributors can earn additional Binance Alpha points through participation.

On October 9th, the CAT Terminal Chinese Community officially initiated the "AI Meow Mining" recruitment competition. This event will run from October 9th to November 6th and is open to all CAT Crew players. The event adopts an on-chain snapshot points system and rewards players based on the weekly activity leaderboard and the overall points leaderboard. This recruitment event provides generous rewards: the player with the highest ranking in the weekly activity leaderboard will obtain the AI Meow Mining Glory PASS reward; simultaneously, participating players will receive CAT airdrops each week based on recruitment points. The player ranked first in the overall points leaderboard will receive a CAT Crew Alien Cat reward, and the top 50 players will receive different types of PASS card rewards. In addition, the top three users in the recruitment points leaderboard for the first two weeks will be invited to participate in the CAT Dubai Community Blockchain Life event from October