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The liquidity protocol Sunrise based on Solana announced the introduction of tokenized Meta stocks issued by Backpack Securities into the Solana ecosystem. Previously, the two parties collaborated to tokenize multiple U.S. stocks and launch them on Solana, including SpaceX (SPCX), Micron Technology (MU), Moderna (MRNA), and Nike (NKE).Backpack Securities is responsible for the custody and issuance of the tokens, while Sunrise is responsible for coordinating on-chain listings and liquidity building within the Solana ecosystem. Each tokenized stock is backed 1:1 by real stocks in a custody account, and holders have actual rights to the corresponding securities, including dividends, and can redeem them for traditional stocks through Backpack Securities.Sunrise is a Solana liquidity protocol initiated by Wormhole Labs, and its collaboration with Backpack started in June 2026, with the first product being tokenized SpaceX stock. As the supply and trading volume of tokenized U.S. stocks continue to grow, Solana is becoming one of the main venues for decentralized trading of tokenized U.S. stocks.

Famous trader Doctor Profit posted that he believes Bitcoin is in a bull market, expecting it to rise rapidly to $86,000 in the next few hours to days, followed by a further increase to $94,000. He stated that the market is not yet prepared for this trend.

According to the official announcement, Gate has released the latest reserve report. As of October 18, 2026, the total reserve size of the platform has risen to $8.688 billion, an increase of 5.7% compared to the previous period; the overall reserve coverage rate has reached 118.49%, consistently above the industry safety benchmark of 100%. This report covers 500 cryptocurrencies, demonstrating Gate's ample excess reserves, providing solid support for the platform to cope with market fluctuations, maintain liquidity, and buffer risks.In terms of core asset reserves, BTC user assets have grown to 21,156 coins, with the platform's reserve amount increasing to 25,727 coins, and the reserve coverage rate rising from 120.32% to 121.60%; ETH user assets have increased to 362,785 coins, with the platform's reserve amount growing to 449,042 coins, and the reserve coverage rate rising from 123.59% to 123.78%.Regarding stablecoins, the total user assets of USDT, USD1, GUSD, and USDC amount to approximately $1.497 billion, corresponding to a platform reserve of $1.746 billion, with a comprehensive reserve rate of 116.59%. Additionally, the reserve rates for major assets such as DOGE, GT, and SOL have reached 106.76%, 129.00%, and 102.51%, respectively, all exceeding the 100% safety line. From overall reserves to various core assets, Gate consistently maintains sufficient safety margins, providing robust protection for the safety of global user assets.

According to data from the Gate platform, the South Korean KOSPI index rose by about 3.83% in the early morning session today, quickly breaking through 5,750 points after the opening. The semiconductor and electronics giants performed strongly, leading the gains and becoming the main force driving the index rebound.Currently, Samsung Electronics (005930) is up 6.61%; SK Hynix (000660) is up 6.21%; Samsung Electro-Mechanics (009150) is up 3.03%. The main reasons for this round of increase are the capital replenishment after the sharp decline the day before and the positive driver of a 222.5% year-on-year increase in semiconductor exports in South Korea before October 20, with the market's expectations for AI server and storage demand rising again.

According to "Du Jia," Alibaba Cloud merged its original IQS information query service with CleverSee in mid-September to create a brand new AI-native search service product called CleverSee (Chinese name "Kai Xi"), providing integrated search and Q&A services for enterprise clients.CleverSee is positioned as an AI-native retrieval tool specifically designed to provide understandable high-quality information sources for large models and intelligent agents. Its core includes three sub-products: networked inquiry, vertical domain inquiry, and enterprise internal search, covering public internet information, semi-public information in vertical fields, and private data within enterprises, respectively. The networked inquiry supports intent recognition, multi-turn thinking, and searching while thinking, and can return answers with source citations as well as structured cards for weather, stock prices, etc.; the enterprise internal search is currently in a targeted experience testing phase.Previously, Tencent Cloud opened "Yuanbao Search" to the public on October 20, and ByteDance's Volcano Engine also launched Viking AI Search, accelerating the deployment of AI search infrastructure among domestic cloud vendors for enterprise applications.

On October 20, the on-chain intelligence platform Arkham announced the launch of Arkham Enterprise, positioned as a high-level analytical platform for professional workflows, with uses including asset tracking, risk scoring, case management, and transaction research. Arkham stated that the platform relies on the world's best tagging set, containing 3.9 billion attribution records, covering $18 trillion in on-chain transaction volume. On the same day, the company adjusted the features of the free platform and launched Enterprise Grants.The data update frequency for both the free and Enterprise platforms has been upgraded in sync. Previously, a large amount of data and tags were updated once a day; after the underlying infrastructure was rebuilt, transactions, new tags, and address balances have been changed to real-time updates, with new transactions appearing without needing to refresh the page. Most alerts supporting on-chain have reduced latency by about 80%, and the database load will also decrease. Tracer 2.0 has been rebuilt for professional on-chain investigations, allowing users to pull counterparties into a network graph from any address and track funds hop by hop; with the addition of bridge support, funds can be followed across supported chains in the same tracking. Visualizer 2.0 presents incoming and outgoing transactions, counterparties, and tokens in real-time through an interactive graph after pasting an address or entity.Enterprise also offers case management and risk scoring. The former allows investigation findings to be grouped by case and form structured records; the latter assesses the risk of addresses and entities based on Arkham attribution data, with indicators covering sanction exposure, mixer exposure, sources of funds, and the number of transaction hops between addresses and marked sources. The adjustments to the free version effective that day include: Tracer 2.0, transaction filtering, complete transaction history, creation of custom tags and entities, and the counterparty section of the browser page is only available to Enterprise users. Free users can view the most recent 100 transactions and retain and edit existing custom tags and entities; the free platform still includes all Arkham tags, Visualizer 2.0, prediction markets, block explorers, and tagging features. Enterprise Grants provide free access to Enterprise for select independent investigators, researchers, and public interest organizations.

The Chief Operating Officer of SpaceX stated that Starlink still has growth opportunities in the enterprise and government business sectors, and future revenue is expected to surpass consumer business revenue.

According to Cointelegraph, the current amount of staked Ethereum has risen to a record 43.8 million ETH, accounting for 35.9% of the total ETH supply. Meanwhile, both the staking yield and the number of validators have decreased.

The spokesperson of the Ministry of Foreign Affairs, Mao Ning, hosted a regular press conference. A reporter from AFP asked whether the U.S. government has requested federal agencies to stop using Chinese artificial intelligence products like DeepSeek, citing concerns about the potential transfer of sensitive data, and inquired about China's comments.Mao Ning stated that China has always opposed the generalization of the concept of national security and the politicization of technological and economic issues, and will firmly safeguard the legitimate rights and interests of Chinese enterprises. Previously, the U.S. government prohibited civilian agencies from using DeepSeek products.

According to Cointelegraph, Bitwise Research Director Ryan Rasmussen stated that in the third quarter of 2026, the overall purchasing of Bitcoin by treasury companies slowed down, with a net increase of 1,666 BTC for the Strategy that quarter, down from 83,901 BTC in the second quarter; other listed companies had a net increase of 5,617 BTC, down from 45,725 BTC in the previous quarter. He expects corporate purchases to accelerate again as early as this year.Bitfinex Derivatives Director Jag Kooner mentioned that if the stock prices of treasury companies rise above the value of their holdings, it may restart stock purchases, but "the likelihood of returning to last year's indiscriminate financing wave is low," and funds will prioritize mature companies with scale, liquidity, and a proven track record.

Morgan Stanley expects that by 2027, super-large enterprises in the AI field will consume nearly $600 billion in cash.

According to Bitcoin Magazine, Richard Byworth previously worked at Syz Capital, focusing his career on hedge fund structure design. In an interview with Bitcoin Magazine, he stated that the next round of Bitcoin's rise is just a matter of time.He pointed out that, based on data from on-chain analysis platforms like Glassnode, the current level of seller exhaustion has reached a historical high. Although the market does not exhibit an extreme bearish atmosphere, multiple on-chain indicators show that Bitcoin is strongly building a bottom. He mentioned that Bitcoin has been trading in the range just above $80,000 in recent weeks, and he believed that $58,000 was a bottom.Byworth also discussed Bitcoin yield strategies. He warned that using a covered call strategy during a bullish market could lead to significant losses of Bitcoin for investors, and advocated for earning low-volatility, market-neutral returns through basis trading collateralized by Bitcoin. He noted that Strive had bought three times the weekly issuance of Bitcoin in a single transaction within a week, believing that the next round of rise is just a matter of time.Regarding Bitcoin treasury companies, Byworth stated that the digital credit products designed by Saylor are putting pressure on the traditional bond market, as the yield on 10-year U.S. Treasuries is around 5.1% to 5.2%, and investors will see their returns eroded by the faster pace of currency depreciation. He mentioned followers like Strive and Metaplanet, and believes that Bitcoin could break its historical high again before the end of the year, and reaching $350,000 in about a year is not entirely impossible.

French government bond yields rose on Monday, widening the yield spread with German government bonds. France is facing weak economic growth and pressure from rising debt, with serious riots erupting over the weekend. The yield on France's 2-year government bonds briefly rose by 10 basis points, while the yield on 10-year government bonds climbed to 4.99% at the beginning of October. Deutsche Bank stated that the riots have increased the political risk in the market.

According to a report by Jinshi, Citic Securities' research report indicates that Harness is expected to become a key component for DeepSeek in transitioning from model supply to platform ecology, transforming open-source and engineering advantages into user base, ecological influence, and commercialization capabilities. As competition among Agents expands from model capabilities to stable and user-friendly task delivery, DeepSeek is expanding user and task coverage through plug-ins, scenario presets, and cross-Agent collaboration, extending its infrastructure advantages from hardware-software synergy to complete task execution.The research report states that its long-term value lies in the accumulation of demand through ecological expansion, enhancing product stickiness through configuration and process sedimentation, and supporting safe governance with traceability capabilities, collectively creating conditions for sustained use and enterprise deployment. Based on official model calls, the company can also explore platform services and ecological transactions, transforming ecological accumulation into more diverse revenue sources and supporting reinvestment in products and ecology. Citic Securities is optimistic about the continued rise of domestic large models.

Cryptocurrency analyst Michaël van de Poppe stated that the price fluctuation range of Bitcoin is gradually narrowing, and volatility is decreasing, indicating that a significant market change may be coming. However, before that, there may be a "false move." He pointed out that this "false move" could bring the Bitcoin price down to below $80,000, into the "blue box" area marked on his chart.This area has been touched once before, and if it is retested, he would not be surprised and believes it would be an ideal entry point. Regarding the conditions for an upward movement, he stated that if Bitcoin breaks through the key resistance level of $82,000, the upward momentum will begin to accelerate and is likely to move towards $90,000.

According to the information displayed on the Qichacha page, Shanghai Solana Enterprise Management Co., Ltd. was registered in June this year, with a registered capital of 5 million yuan. Claire Du is the legal representative and co-head of Solana China.Additionally, in August this year, Shanghai Yaokun Qiusuo Digital Technology Co., Ltd. was established with a registered capital of 10 million yuan, and Shanghai Solana Enterprise Management Co., Ltd. holds 45% of the shares in Yaokun Qiusuo Digital Technology Co., Ltd. Even Jiang, the co-head of the Solana Foundation in China, serves as the chairman of Yaokun Qiusuo, while Claire Du serves as a director.Public information shows that Yaokun Qiusuo primarily engages in technical services, technical development, technical consulting, technical exchanges, technology transfer, and technology promotion; computer system services; information system integration services; information technology consulting services; data processing services; internet data services; Internet of Things technology services; wholesale of computer software and hardware and auxiliary equipment; information consulting services (excluding licensed information consulting services); business management consulting; financial consulting; and conference and exhibition services (exhibitions abroad must be approved by relevant departments).It should be noted that "Solana" is a name chosen by a sole proprietorship, and there is currently no equity evidence proving that these two companies belong to the Solana Foundation.This week, members of the Solana team shared photos announcing the establishment of an office in Shanghai, China.

Renowned trader Killa recently released a video predicting market trends before and after the U.S. midterm elections. His analysis summarizes the timing relationship between previous midterm elections and Bitcoin's bottoming out (2014: bottomed out about 70 days after the midterm elections. 2018: bottomed out about 40-44 days later. 2022: bottomed out almost during the midterm elections), suggesting that Bitcoin may form a weekly level bottom before the U.S. midterm elections on November 3.He also presented two main scenario hypotheses: Early bottom scenario: BTC forms a low point before (or around) the midterm elections (possibly sweeping the current low or maintaining above 80k), then starts to rebound, first testing the 80k area, and may eventually surge to 95k. This would lead to a bullish fourth quarter, contrary to the common expectation of "risk-off after the elections." Classic risk-off scenario: first rises sharply (possibly sweeping the high point or even reaching 94-95k), then experiences a historically common sell-off/risk-off decline after the midterm elections (similar in 3 out of the last 4 occurrences).Killa advises investors to closely observe the price structure leading up to the midterm elections and react accordingly. If an early bottom is reached, they may hold bullish positions after the elections; if a high is reached and then starts to weaken, consider risk-off. Overall, he emphasizes that the pattern is accelerating in change and cannot simply replicate the historical experience of "must drop after the elections." Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at 74,688 USD and turned bullish during the market-wide decline on June 5.

Tom Lee, Chairman of the Ethereum treasury company BitMine, stated in an interview with CNBC yesterday that if the fundamentals remain stable, cryptocurrencies, chip stocks, and neocloud company will be "a trigger-ready opportunity." They have all "pulled back to support levels."Tom Lee believes that when the fundamentals remain stable and the market becomes fearful, "this is actually a pretty good risk-reward scenario."