CoinEx Daily：Meme Continue to Dominate, with Focus on Crypto Payments

Overview

Meme remains the market's primary focus, while other sectors struggle to maintain momentum, highlighting the urgent need for innovation and new narratives. Recent comments from Federal Reserve officials suggest a more cautious approach to interest rate cuts, increasing market attention on economic data. The crypto payments sector is evolving with Samsung Pay's integration with Alchemy Pay. Additionally, discussions around Satoshi Nakamoto in an HBO documentary have sparked renewed interest, with market sentiment still fluctuating.

Daily Macro

Bitcoin Market :Bitcoin's recent performance has been lackluster, following the trends of U.S. stocks and gold without a distinct identity. The market is uncertain about its future direction.

Bitcoin ETF: On October 9, preliminary reports showed a net outflow of $58.2 million yesterday.

Ethereum ETF : On October 9, preliminary reports showed a net outflow of $8.1 million yesterday.

Macroeconomic Data : Federal Reserve officials have emphasized the need for caution regarding interest rate cuts, focusing on employment data and inflation targets. The market is anticipating important economic data releases this week.

Daily Focus

Crypto Payments

Reason for Focus: As one of the most important applications in crypto, payment solutions are gradually forming a scalable system with significant future potential.

Relevant Developments: The integration of Samsung Pay and Alchemy Pay signifies further advancements in crypto payments, boosting market confidence.

Market Outlook:  With the growing adoption of payment applications, related tokens and projects are likely to benefit, making them worth investors' attention.

Next Focus

Scroll

Reasons for Focus: Scroll plans to conduct an airdrop snapshot on October 19, with a total token supply of 1 billion SCR and an airdrop distribution date set for October 22, garnering significant attention.

Market Outlook: Users can participate in the trading and airdrop of new tokens through major exchanges and follow the progress of the Scroll ecosystem projects.