Gate Cryptocurrency News and Market Analysis

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LIT Surges 12.10% in One Hour to $0.15693 After 57% Decline

LIT cryptocurrency surged 12.10% in one hour to reach $0.15693. The surge followed a 24-hour period where LIT's price had dropped over 57%. The increase coincided with heightened social media activity reflecting growing interest among investors, according to the source, as the broader crypto
LIT1.18%
DanielCarter·11m ago
LIT Surges 12.10% in One Hour to $0.15693 After 57% Decline

US Treasury Yields Hit 5.3% in September, Highest Since 2007

The 10-year US Treasury yield surged more than 0.5 percentage point in September to 5.3%, the highest level since 2007, according to the Financial Times reported on October 1. The sharp rise, which marked the biggest monthly increase since 2022, triggered a cycle of forced selling by financial
Bloomingbit·22m ago
US Treasury Yields Hit 5.3% in September, Highest Since 2007

SBI Savings Bank Executive Says Blockchain Can Improve Banking Efficiency

Shin Joong-hyun, head of future growth at SBI Savings Bank, said at the 'Bridging Finance Onchain' event on October 1 that blockchain technology can improve the efficiency of banking operations. Shin outlined that applying blockchain to repurchase agreements and tokenized assets could reduce
CRCL-1.78%
Bloomingbit·42m ago
SBI Savings Bank Executive Says Blockchain Can Improve Banking Efficiency