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Bank of America warns that the AI investment boom is showing signs of classic capital cycle risks, manifested in a surge in spending, intensified competition, and falling prices.The capital expenditure expectations of hyperscale cloud vendors have jumped from $330 billion to $1 trillion, roughly equivalent to 3% of the U.S. GDP. Meanwhile, since the summer, the prices of AI tokens have dropped by about 50%, and the increase in usage may not translate into sufficient revenue. The key risk is that AI technology may succeed, but investors could be harmed by over-investment and declining returns.

Glassnode released data on platform X stating that during yesterday's BTC decline, there was once again a situation of seller capitulation. Each wave of loss selling coincided with local bottoms: early August, mid-August, and mid-September.Since the peak in September, profit-taking has slowed down. If this pattern holds, the sell-off just above $80,000 yesterday would mark the bottom.

According to The Block, French Bitcoin treasury company Capital B announced its performance for the first half of 2026, reporting a net loss of 69.5 million euros (approximately 77.9 million dollars), with revenue increasing by 3.5% year-on-year to 5.8 million euros (approximately 6.5 million dollars).As of September 30, Capital B's strategic Bitcoin reserves increased to 3,538 coins, with an average purchase price of 87,805 euros (approximately 98,460 dollars).

Recently, Gate founder and CEO Dr. Han accepted an exclusive interview with the cryptocurrency media Bitcoin.com, reflecting on Gate's journey from developing its underlying trading system in 2013 to becoming a platform serving over 61 million users across more than 130 countries and regions. He further elaborated on the strategic vision of the TOKEN2049 keynote speech "One Gate, Everything Money."Dr. Han stated that in the face of the long-standing barriers between traditional finance and the cryptocurrency market, users have often faced the dilemma of fragmented capital management. They not only need to frequently transfer funds between banks, brokerages, and cryptocurrency platforms but also have to keep a large amount of cash idle in bank accounts, suffering losses from inflation and lack of returns. Meanwhile, high-quality assets like stocks and gold are difficult to consume immediately due to liquidity constraints.To address this industry pain point, Gate officially launched the integrated financial application Gate Money, which consolidates fiat currency, cryptocurrency assets, gold, ETFs, and over 12,800 global stocks into a single account. Users no longer need to hold large amounts of low-yield idle cash and can allocate capital to high-quality assets with value preservation and appreciation potential. When a consumption demand arises, the system will instantly convert the corresponding assets into fiat currency for payment, keeping the funds in an investment state before consumption.

According to PeckShieldAlert monitoring, the phishing attacker who stole $2 million worth of DAI from an address of Bofur Capital has exchanged the stolen funds for 825.5 ETH.

AMC CEO Adam Aron once again expressed opposition to Robinhood's issuance of stock tokens on the X platform, stating that AMC does not agree with Robinhood's issuance of tokens that replicate AMC stock in the United States.Aron stated that such tokens are false synthetic stocks that could affect AMC's capital structure. He also mentioned that the SEC requires Robinhood to obtain AMC's consent or at least ensure that AMC does not object, emphasizing that AMC should control its own financial destiny rather than being determined by Robinhood.

NVIDIA CEO Jensen Huang stated that COREWEAVE's strength is increasing every day, and its capital costs are actually decreasing.

During a live AMA interview hosted by CoinMarketCap, Gate founder and CEO Dr. Han discussed the development direction of digital finance, the product positioning of Gate Money, and the accelerated integration of digital assets with traditional finance.Dr. Han stated, "The future of digital finance lies not only in providing more asset choices but also in connecting assets, funds, and payments, allowing users to manage assets, transfer funds, and meet daily payment needs more conveniently within one ecosystem." Upholding the core concept of "One Gate, Everything Money," Gate Money integrates services such as digital assets, fiat currency, stocks, ETFs, gold, bank accounts, payments, and asset management into a single account, covering scenarios like asset holding, receiving payments, transferring, exchanging, paying, and earning. Users in eligible regions can also open an e-banking account with the same name and use the Gate Card for online and offline consumption with fiat or digital assets, further bridging asset allocation and daily payment scenarios.Regarding the accelerated integration of digital assets and traditional finance, Dr. Han also explored the roles of stablecoins and asset tokenization in cross-border capital flow, on-chain settlement, and financial service innovation. As user demands extend from single transactions to investment management, fund transfers, and daily consumption scenarios, Gate will continue to expand the asset categories, payment methods, and service capabilities of Gate Money, enriching the application of digital assets in diverse financial scenarios and providing users with a more integrated financial service experience.

In an interview with Bitcoin Magazine, Capriole Investments founder Charles Edwards stated that for Bitcoin to break through its historical high, substantial changes need to occur. Possible catalysts include significant advancements in quantum computing, a shift in Federal Reserve policy, the U.S. government directly purchasing Bitcoin, or a new round of stimulus events. He also pointed out that institutional buying through ETFs continues to provide strong support for the market.Edwards mentioned that AI-driven unemployment could change the Federal Reserve's policy path, thereby affecting Bitcoin's trend; the continuous rise in computing power constitutes a bullish signal on the Hash Ribbons indicator, and he discussed whether this computing cycle is different in the AI era. Additionally, he assessed whether Bitcoin is still undervalued from the perspectives of production costs, energy value, and MVRV, and talked about the unknown territory Bitcoin occupies in a global liquidity environment with a 5% interest rate.Regarding quantum computing, Edwards believes that a clear roadmap for quantum computing could instead become an upward catalyst for Bitcoin. He also discussed the crypto security risks brought about by superintelligent AI and what factors might trigger the next historical high for Bitcoin.

According to Catcher Predict monitoring, the predicted market on Polymarket for the event "Counter-Strike: 9z vs Team Falcons - Thunderpick World Championship Group A," the sub-market "Map Handicap: FAL (-1.5) vs 9z (+1.5)" option for "Team Falcons" has experienced significant fluctuations in winning probability, rising from 63% an hour ago to the current 81.5% (a fluctuation of 18.5%). Please note the impact of related breaking news.

According to official news, Tether's independent investment department Tether Capital announced a strategic investment in AIsa. AIsa is a platform that provides access to and payment for data, software, and computing services for AI agents. Developers can connect AI models, data, APIs, software tools, and computing resources through a single interface, with fees supported by fiat or stablecoin settlement.AIsa stated that its platform has been running over 250,000 agents, processing more than 100 million transactions cumulatively. It can access over 5,000 APIs, skills, and models with a single key and charges based on usage. Enterprises can procure resources on demand, and service providers can integrate services into automated workflows.Tether CEO Paolo Ardoino stated that as AI agents take on more work, users need to provide service access to agents while controlling expenses. This investment continues Tether's support for agent payment infrastructure, having previously invested in NEURA Robotics and planning to integrate WDK with QVAC into robotic systems.

According to Fortune, the tokenized fund liquidity platform Fission announced the completion of a $10 million Series A financing round, led by Pantera Capital, with participation from Circle Ventures, Borderless Capital, and Ari Rubenstein. This round of financing was completed in September, and the company did not disclose its valuation.Fission aims to solve the problem of tokenized fund shares being difficult to quickly liquidate. The platform acts as a buyer, allowing investors to sell their shares without having to wait for the fund to process redemptions. Users connect their digital wallets and submit sale requests, while Fission handles the backend legal and transaction processes. CEO Jonathan Shaffer stated that for products that typically take about 200 days to sell, investors can pay a fee to sell immediately and complete settlement in 90 seconds or less.Fission was founded in 2024, and the founding team includes former employees of Point72 and Securitize. Currently, the clients are mainly institutional investors and organizations holding on-chain assets, including hedge funds holding tokenized private credit or equity assets, crypto institutions managing treasury, and stablecoin issuers allocating reserves to interest-bearing tokenized investment products.

The CEO of Taiwan Semiconductor Manufacturing Company (TSM.N) stated that TSMC has discussed capacity cooperation with Terafab, a company under Elon Musk.

According to Lookonchain monitoring, the cryptocurrency asset management firm Abraxas Capital has realized profits exceeding 331 million dollars from two hedge accounts on the decentralized derivatives trading platform Hyperliquid.Currently, the aforementioned accounts hold a total of over 1.45 billion dollars in short hedge positions.

The Australian Securities and Investments Commission (ASIC) has launched a public consultation on proposed capital, custody, and trading requirements for cryptocurrency platforms. The related rules aim to align with the digital asset legislation passed in April and expand regulation of the industry. The proposals include three capital models, restrictions on platforms conducting proprietary trading, and quarterly reporting of wallets holding customer assets.ASIC also intends to allow offshore custody and is seeking opinions on safeguards in the event of the failure of overseas parent companies or affiliates. One of the models requires platforms that do not adopt qualified third-party custody arrangements to hold at least AUD 14 million (approximately USD 9.7 million) in net tangible assets or 10% of average revenue, whichever is higher. Feedback is due by November 27, and ASIC plans to release final standards and guidelines in March 2027. The related laws will take effect on April 8, 2027, and operators must apply for licenses by October 7 of the same year, with the ability to continue operations during the ASIC review period.

Early-stage venture capital firm Pear VC co-founder Pejman Nozad announced the fifth fund, Pear Fund V, with Mar on October 14, 2026, with a scale of $333 million, bringing Pear's managed assets to over $1.1 billion. Arash Afrakhteh, Ajay Kamat, and Shravan Reddy were appointed as general partners at the same time. The two discussed founding a venture capital firm about 13 years ago at Coupa Café in Palo Alto, believing in meeting founders before they are recognized as exceptional by the outside world.Pear has supported DoorDash, Gusto, Guardant Health, Vanta, and Listen Labs, seeing thousands of opportunities each year through pre-seed and seed-stage businesses, and has built PearX, university programs, hackathons, a founder community, two studios, an engineering team, and a founder services team. Arash Afrakhteh joined in 2020, investing in enterprise and B2B, covering artificial intelligence, machine learning, cloud, and data infrastructure, and co-founded Cariden Technologies, which was acquired by Cisco in 2012.Ajay Kamat joined in 2015, investing in consumer, fintech, and healthcare, and co-founded Wedding Party, serving as CEO. The company was supported by Pear and later acquired by Instacart.

According to The Defiant, Hong Kong company L2 Capital has signed a contract to join the tokenization platform Newton, planning to tokenize equity in a pre-IPO artificial intelligence company valued at $500 million. L2 Capital thus becomes the first partner on this platform being built by Newton Labs.The platform is designed to embed compliance rules directly into each token and verify them before each transfer settlement, thereby implementing regulatory requirements in on-chain transactions. Currently, Newton Labs' platform is still under construction, with L2 Capital being the first partner to connect.

AI Economic Settlement Agreement AEON announced the addition of local bank transfer payments in Chile, allowing users to enter amounts in Chilean Pesos (CLP) and complete payments using cryptocurrency assets. AEON is responsible for asset conversion and settling with merchants through local banks. This integration further expands AEON's local settlement network in Latin America, enabling AI Agents to make real-world purchases using familiar banking payment systems in the future, providing broader real purchasing power for the AI economy. AEON is currently operational in several Latin American countries, including Brazil, Mexico, Argentina, Peru, Bolivia, and Colombia.