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Crypto KOL Qwerty posted that he plans to take a break for a while. He mentioned that he has started to treat trading as a role-playing game, playing the role of Qwerty, and he no longer feels like himself while trading.Qwerty stated that he has emptied all public wallets and will not be active for a long time. Previously, after his call "The Bull is Coming" swept the globe, he gained significant attention, and on October 15, his "The Bull is Coming" single coin profit ranked second on the FOMO platform.

According to GMGN market data, the market capitalization of the Robinhood chain ecosystem meme coin VRAX briefly surpassed 8 million USD, currently reported at 7.68 million USD, with a daily increase of over 143%. It is reported that VRAX was initially launched due to discussions during the Robinhood summit, having previously experienced a significant correction, with the price dropping by about 99% at one point.Robinhood CEO Vlad Tenev mentioned the token twice during a Q&A session on the X platform. Trader Bonk Guy previously stated that as early concentrated holdings gradually exit, VRAX is expected to benefit from the next round of activity resurgence in the Robinhood chain ecosystem. Meme coin prices are highly volatile and easily influenced by market sentiment and hot events, please be aware of trading risks.

According to official news, the PancakeSwap core team (The Kitchen) has released a tokenomics proposal titled "The Flip." This proposal suggests increasing the trading fee sharing ratio for PancakeSwap v3 and Infinity liquidity providers (LP) to 88% across all 11 supported chains, with the remaining 12% allocated as protocol fees to the treasury, while v2 remains unchanged.

According to Hongxing News, Hong Kong actor and singer Anthony Wong recently revealed his investment losses. He stated that he lost a lot of money from buying NFTs. "I dare not tell my family about the money I've lost. My wife asks me every day how much I've lost, how many digits. I haven't said anything; I've lost more than I did when I was trading stocks." He also warned everyone not to follow his example in stock trading, as he was always thinking about getting rich overnight, which led to such significant losses.Anthony Wong was born on February 26, 1980, in Hong Kong, China. He was originally a swimmer and entered the entertainment industry in 2001.

According to the Seoul Economic Daily, citing a substantial shareholding report submitted by SK on October 13, SK Group Chairman Choi Tae-won had previously agreed to sell shares of SK Corporation, with the buyer being a fund related to Michael Dell's family, the founder of Dell Technologies. Choi Tae-won signed a contract on October 2 to sell 972,493 shares of SK Corporation's common stock, accounting for 1.34% of the total share capital, with the counterparty being DFO Public Investments, L.P., established in Delaware, USA, for an amount of 544 billion Korean won. The fund is managed by DFO Management, which manages the Dell family assets and was formerly known as MSD Capital, established by Dell in 1998, and was restructured into its current structure at the end of 2022.Choi Tae-won has signed a total agreement to sell 1,653,924 shares of SK Corporation, with a total consideration of 944 billion Korean won, to raise funds for property division with Nabi Art Center curator Ryu Soo-young. Among these, 681,431 shares, accounting for 0.94%, were sold to Korea Investment & Securities, while the remaining 1.34% was sold to the aforementioned strategic investor. SK had previously only disclosed that the buyer was a strategic investor and stated that it could not specify the details of the private transaction. For the shares sold to Korea Investment & Securities, Choi Tae-won signed a three-year equity return swap, which will settle the difference between the actual disposal price and the agreed benchmark price upon maturity, with both the gains from price increases and losses from price decreases borne by Choi Tae-won.Reports indicate that Dell Technologies is a company specializing in artificial intelligence servers and data center infrastructure, and has business dealings in semiconductors with SK Hynix.

According to CoinDesk's latest September Exchange Review, Gate's average daily trading volume in September was approximately 15 billion USD, maintaining a leading position globally; meanwhile, the platform's global user base has exceeded 61 million, providing support for user foundation and market activity. In the CoinDesk Data Exchange Benchmark, Gate received a Grade A rating, ranking among the top exchanges. From trading and user scale to platform ratings, multiple indicators collectively outline Gate's comprehensive competitiveness in the global market.The world's first stock event contract launched by Gate in September has also been reported, covering initial targets such as MU, SNDK, SK Hynix, and Yushu Technology, supporting bullish or bearish trades in short cycles of 5 minutes and 15 minutes, without the need for leverage or margin, automatically settling after the cycle ends, and allowing for early closing.Combining Gate Money, on-chain trading, and payment products, Gate is expanding its product innovation into various application scenarios, including traditional assets, based on a continuously growing trading scale, gradually building a comprehensive service system that covers a wider range of financial needs.

According to GMGN market data, the market capitalization of the SOL ecosystem meme coin CLAUDIA briefly surpassed 9 million USD, now falling back to about 8 million USD, with a daily increase of over 580%. In terms of related narratives, CLAUDIA revolves around the AI character IP designed by AI creator Anabology, which has recently attracted the attention of a16z co-founder Marc Andreessen.Community opinions suggest that the core narrative of CLAUDIA lies in the AI character IP and its commercialization potential. The developers recently interacted with Elon Musk and plan to use transaction fees for AI movie production, with the possibility of launching related peripheral products in the future. Meme coin prices are highly volatile and easily influenced by market sentiment and hot events, so please be aware of trading risks.

Robinhood Chain's on-chain activity continues to cool down. According to CoinDesk's calculations based on growthepie data, from October 2 to 8, the network's average daily transaction volume was 6.2 million, a decrease of 42% compared to 10.8 million from September 10 to 16, and a drop of 20% from the previous week; during the same period, the average daily active addresses were about 322,000, down 31% from mid-September. Robinhood launched this chain in July, allowing users to trade tokens and lend through applications connected to Ethereum, and plans to introduce around-the-clock trading of tokens linked to stocks and funds.Transaction volume has also declined. From October 2 to 8, the spot trading volume fell to $7.45 billion, down 21% from the previous week's $9.46 billion, with Uniswap handling about 77% of it. However, funds have not fled; on-chain lending and trading application deposits increased by about 2% week-over-week to $1.04 billion, and the supply of stablecoins rose to about $1.1 billion. Perpetual contract trading volume, on the other hand, grew against the trend by 26% to about $7.35 billion.Fee income has shrunk accordingly. During that week, users paid an average of about $65,000 in network fees daily, a decrease of 39% from the previous week, far below the peak of $8 million per day at the beginning of September. According to a report by Bernstein last month, Robinhood retains about 90% of network fees.

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached 970 million dollars, with long positions liquidated at 774 million dollars and short positions liquidated at 195 million dollars, totaling 163,596 people liquidated.

CryptoQuant analyst Darkfost stated that the cryptocurrency market has recently entered a short-term correction phase, with the total market capitalization of altcoins (Total2) shrinking by over $11 billion in just three days, excluding Bitcoin; among them, Ethereum (ETH) saw a decline of 11%, with a market cap reduction of over $38 billion.Despite the price correction, investors continue to accumulate and withdraw Ethereum. During this period, the Ethereum reserves on the Binance exchange decreased from 3.57 million to 3.47 million, reaching the lowest level in six months; compared to the reserve of 3.92 million in August, this represents a decline of nearly 11.5%. Meanwhile, the withdrawal trading activity on the Binance platform has significantly increased, with over 320,000 Ethereum withdrawal transactions recorded on October 6, setting a new historical high.

The Bitcoin office of El Salvador disclosed that in the past 7 days, it has added 7 Bitcoins, bringing the national reserve to 7,798 Bitcoins, valued at over 643 million dollars based on the price at that time. The country is still executing a strategy of adding 1 Bitcoin daily.The International Monetary Fund (IMF) recently stated that El Salvador has not met the relevant standards for public sector holdings of crypto assets, but exemptions are approved based on corrective measures and new commitments. The IMF had previously requested that it gradually stop directly purchasing Bitcoin in order to secure a 1.4 billion dollar credit arrangement. IMF First Deputy Managing Director Dan Katz stated that, apart from recorded donations, El Salvador is not expected to continue increasing its Bitcoin holdings. The recent additions to El Salvador's holdings are reportedly funded by private donors whose identities remain undisclosed.