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Author | Asher ( @Asher_0210 ) Yesterday, Yunfeng Financial, in which Jack Ma indirectly holds a stake, announced that its board of directors has approved the purchase of ETH on the open market as a reserve asset. As of the date of this announcement, the group had purchased a total of 10,000 ETH on the open market , with a total investment cost (including fees and expenses) of US$44 million . Furthermore, the group’s use of ETH as a reserve asset aligns with its development in cutting-edge areas such as Web 3, and can optimize its asset structure and reduce its reliance on traditional currencies. Yunfeng Financial (0376.HK) saw its stock price rise nearly 10% on the day following this news. Yunfeng Financial’s stock price Jack Ma and Yunfeng Financial…# Analysis# bitcoin# defi# ethereum# Exchange# Market# TokenPre
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Popular Interaction Collection | Aster Phase 3 is now live; Rayls Points Quest updated (October 13th)From crypto exits to U.S. stock selloffs: Unraveling the universal capital withdrawal playbook6086cf14eb90bc67ca4fc62bNewNvidia Earnings Countdown: Beating Expectations Is Almost a Given, But Wall Street Cares Most About These Five IssuesLWyattSmart Money Hoards $40 Billion in Cash Awaiting the Tide to Turn, Retail Investors Pile $2.6 Trillion into Call Options: The AI Narrative in US Stocks Hits a Tipping PointLWyattOn-chain squeeze reappears: How can ordinary users safely participate in early asset transactions?6086cf14eb90bc67ca4fc62b3All Unregistered Crypto Companies Must Exit Singapore by the End of the Month! No Transition Period!6086cf14eb90bc67ca4fc62bTake Profit or Open a Position: How to Observe Recent Market Changes from a Macro Perspective in Plain LanguageRecommend6086cf14eb90bc67ca4fc62b2No commentsLogin immediatelyCoinCarpBinanceCoinMarketCapCoinGeckoCoinliveArmorsWhite Paper
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- TL;DR Brief de-pegging, rapid recovery: On October 11, 2025, USDe briefly dropped to $0.65 on the Binance spot market, but this only lasted a few minutes. The de-pegging lasted approximately 90 m...