Yi Li Hua: A major opportunity for buying the dip is about to emerge, with assets related to public blockchains, platforms, and stablecoins potentially outperforming the cycle

On October 9th, the spot silver price kept rising as the market tightened. Investors rushed to precious metals for safe haven. On Thursday, the spot silver surged by more than 2% during the day, exceeding $50 per ounce. This marked the highest single-day data for some institutions since 1993 and exceeded the peak in 2011. So far this year, the silver price has increased by more than 70%, surpassing the record surge in gold prices. Due to concerns about U.S. fiscal risks, an overheated stock market, and the threat to the independence of the Federal Reserve, investors are increasingly seeking safe-haven assets, and part of them is silver. At the same time, the shortage of available silver on the key London market has supported the price and significantly driven up the cost of borrowing silver. (FXStreet)

On October 9th, as per an official announcement, Bitget has made an announcement regarding the listing of U-based COAI and LYN perpetual contracts. Both contracts offer a maximum leverage of up to 50 times. Additionally, contract trading BOT will be opened simultaneously.

On October 9th: The U.S. initial jobless claims, the four-week moving average of initial jobless claims, and the continued jobless claims for the week ending October 4th were not made public as planned because of the U.S. government shutdown. (Golden Ten)

October 9th - The President of the New York Fed and a top Federal Reserve official, Williams, expressed his support for further interest rate cuts this year. Despite months of inflation being below the Fed's 2% target. His reasoning centers around the cracks that have emerged in the labor market. And Williams hopes to prevent these cracks from deepening further. On Wednesday, in an interview with The New York Times, Williams mentioned that he believes the economy is not on the verge of a recession. However, he noted that monthly job growth has slowed and other signs indicate hesitation among businesses in hiring. Which are all worthy of attention. Currently, the Fed is in a dilemma. On one hand, Fed officials do not want to aggravate the slowdown in the labor market. But they also want to avoid inadvertently fueling inflation. As President Trump's tariffs have led to a renewed acceleration in inflation. Williams stated that the Fed has the flexibility to support the labor mark

On October 9th. Possibly due to the "Binance Alpha lists PUP (PUP)" news, PUP witnessed a short-lived "pump" where it surged by more than 390% before falling back. Currently, its market capitalization is at $31 million.

On October 9th, Binance Alpha has now listed PUP (PUP).