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According to The Defiant, Jupiter has launched a beta trading product called YOLO, which supports up to 1000 times leverage, and this product has not yet been audited.According to the official statement, users trade against the platform's capital pool (house) in this product. When the capital pool is insufficient, users' profits will be queued for processing, and there is no guaranteed payment time.

Well-known trader Doctor Profit stated that after Bitcoin previously bottomed out and rose significantly above the 50-day moving average, it has not retraced to that moving average until now, and it has now tested this support level. He believes that this support will hold, and Bitcoin will continue to rise from the current level.

J.P. Morgan strategist Nikolaos Panigirtzoglou pointed out that the AI stock sell-off in October may be difficult to replicate the rapid rebound seen in July. Compared to before, the current market's willingness to buy on dips has weakened, short positions are insufficient to provide potential short-covering buying, corporate buyback funds are also decreasing, and at the same time, leveraged exposure in ETFs is being rebuilt, which may further amplify market volatility. J.P. Morgan believes that, based on investor positioning and capital flows, AI infrastructure stocks do not yet appear to be in an oversold state.This round of sell-off has spread from South Korean memory chip stocks to the U.S. semiconductor sector. SK Hynix and Samsung Electronics have both seen their stock prices drop by nearly one-third over the past month, and the Philadelphia Semiconductor Index has fallen 10% over the last five trading days. Additionally, the combined $40 billion stock buyback plan previously announced by the two companies was completed ahead of schedule in mid-October, which may have caused the market to lose some of the buying support brought by corporate buybacks.Meanwhile, BlackRock CEO Larry Fink warned that if the U.S. halts data center construction, the economy could fall into recession. He stated that a significant portion of U.S. economic growth is related to capital expenditures in AI infrastructure. As market concerns deepen regarding the return on AI investments and corporate profitability, price adjustments in the AI supply chain could also impact data center construction, energy infrastructure, and related employment sectors.

AI financial software Fragment announced on Wednesday the completion of a $12 million Series A funding round. This round is set to close in mid-2025, led by FirstMark and BoxGroup. The company's CEO Thomas Neckel did not disclose the post-round valuation.Fragment was founded by Thomas Neckel, with co-founder and CTO being former Robinhood engineer Varun Mohan. Developers can integrate Fragment into their own software, which uses double-entry bookkeeping to verify the sources and uses of funds, confirming account balances before funds move. Neckel stated that the product is a financial building block for automating business activities for agents.The company previously completed a $11 million seed round led by Stripe, with participants including BoxGroup, as well as Uber CEO Dara Khosrowshahi and Plaid CEO Zach Perret. Fragment claims to currently have about 50 to 60 paying customers, including Ramp, BILL, and Whop, for sharing transaction records and reducing manual reconciliation. FirstMark managing partner Adam Nelson stated that the goal is to become the standard toolkit for providing financial capabilities to agents.

According to on-chain analyst Ai Yi's monitoring, a certain whale withdrew 1100 ETH from OKX 20 hours ago at a price of $2516.77, worth approximately $2.77 million; one hour ago, they replenished 2188 ETH at a price of $2416.89, worth approximately $5.29 million, with an average price of 3288 ETH being $2450.

According to Gate's market data, global technology hardware stocks continue to decline due to expectations of interest rate hikes by the Federal Reserve and difficulties in AI financing. South Korea's Samsung Electronics fell over 7%, SK Hynix dropped more than 8%, dragging the KOSPI index down by more than 6% at one point. The Nikkei 225 index fell over 3% during the session. Despite strong earnings reports from Samsung and ASML, investor confidence remains under pressure.CoreWeave's stock price plummeted, and bond prices reflect financial distress. The U.S. CPI in September reached a 5-month high, intensifying expectations for interest rate hikes.

The Thailand Securities and Exchange Commission has completed the rule-making for Bitcoin ETFs, and the new regulations will take effect on October 16. Bitcoin has been included as a qualified asset in the first phase.According to the rules, the average net exposure of the relevant funds for each accounting year must reach at least 80% of the net asset value. The custodian must be licensed by the Thailand Securities and Exchange Commission, and fund shares can only be traded on the Thailand Stock Exchange. Securities companies are not allowed to provide margin financing. Thai mutual funds and private funds will be permitted to invest in locally listed cryptocurrency ETFs, but initially, the issuance and provision of depositary receipts related to overseas cryptocurrency ETFs are prohibited.

Bitcoin treasury company Strive today submitted an 8-K filing disclosing that from October 12 to October 13, it increased its holdings by 2,822 bitcoins at an average price of approximately $83,266 per coin.This acquisition cost $235 million, increasing its bitcoin holdings to 35,600 coins.

According to CryptoQuant analyst nocoffeenobrain's monitoring, Bitcoin holdings aged 1-3 years and over 3 years showed signs of activity as early as the end of September, when the BTC price rose from the mid-$70,000s to the mid-$80,000s.Recently, Ledger was hacked, prompting a large number of users to migrate their assets to new signers and change their mnemonic phrases. It is expected that the 7-day moving average will further rise in the coming days. Analysts pointed out that similar patterns have occurred before—during the period from January to February this year, when BTC fell from the mid-$90,000s to the mid-$60,000s, and during the period from July to August when BTC fluctuated in the mid-$60,000s, both of the aforementioned holding age segments showed synchronized activity.

Financial Associated Press reported on October 12, citing market research firm Counterpoint Research, that the ongoing construction of artificial intelligence infrastructure continues to squeeze the supply of storage chips, putting pressure on costs and supply in consumer electronics. Preliminary data shows that global smartphone shipments in the third quarter of 2026 are expected to decline by 20% year-on-year, reaching the lowest level for the same period since 2012. The storage chip crisis has impacted the smartphone market for the second consecutive quarter, with rising chip costs increasing the overall bill of materials, leading manufacturers to raise retail prices. Since 2026, global smartphone retail prices have cumulatively increased by about 20%.Samsung remains the global leader, with its market share rising to 23% in the third quarter, although shipments declined by 3% year-on-year, marking the largest share increase among major manufacturers. Apple's share rose to 22%, marking its first time surpassing 20% in the third quarter, but shipments declined year-on-year. The absence of the base model iPhone 18 this year resulted in a lower channel distribution scale in the first month of new product launches compared to the previous year's iPhone 17 series. The iPhone 18 Pro series performed better than its predecessor in China and India.Xiaomi's shipments in the third quarter declined by over 30% year-on-year, with its market share dropping to 10%. Both OPPO and vivo saw their shipments decline by over 20% year-on-year, with shares falling to 9% and 8%, respectively. Counterpoint senior analyst Shilpi Jain stated that consumers are holding onto their existing devices for longer and are considering more refurbished devices. Counterpoint indicated that global smartphone shipments are unlikely to see a significant recovery before improvements in storage chip costs and supply.

The International Monetary Fund (IMF) released the October "Global Financial Stability Report," which for the first time discusses the tokenized market in a dedicated chapter. The report shows that as of the end of July, the public market size of tokenized Real World Assets (RWA), excluding repos and stablecoins, is approximately $65 billion, with credit accounting for about $30.4 billion, money market funds about $17.5 billion, and stocks about $2.3 billion. The average daily trading volume of tokenized repos over 30 days reached $303 billion.The report states that the issuance of tokenized stocks is highly concentrated, with Ondo Finance and Backed Finance (xStocks) together accounting for over 70%. More than 50% of trades occur outside regular trading hours for U.S. stocks, with about 80% of trade sizes being less than one share, volatility being about 1.5 times that of traditional markets, and liquidity being significantly lower.The IMF believes that while the scale of tokenized assets is small, it may bring efficiency improvements in multiple areas, but it could also create new channels for leverage accumulation and liquidity and maturity mismatches, exacerbating technological and infrastructure risks, with current systemic risks remaining limited. The IMF also pointed out that in the absence of interoperable central bank currencies, stablecoins and tokenized deposits may become the main settlement tools in the tokenized capital market, leading to issuer credit risk and concentration risk.

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.

JackYi (@Jackyi_ld) posted an analysis, stating that Bitcoin currently has strong support at the 400-day moving average at $81,000, and it has quickly rebounded each time it touches this level during a pullback; $84,000 serves as the resistance level for the 20-day moving average, and if it breaks through, it will test the strong resistance level at $86,500.Currently, Bitcoin is in a downward trend on the 15-minute, 1-hour, 4-hour, and daily charts, but the larger cycle is still in a bullish uptrend. This stage is considered a phase pullback during an upward trend, so it is recommended to be patient and avoid frequent trading.

According to Bloomberg, stock, options, and cryptocurrency API broker Alpaca announced plans to launch a prime brokerage business in the first quarter of 2027. Prime brokers can provide financing, asset custody, and securities lending services to large investment institutions such as hedge funds.The plan aims to target the institutional financing needs arising from the integration of cryptocurrency and traditional securities markets.

Catherine Chen, the head of VIP and institutional business at Binance, stated in an interview with The Block during Token2049 that traditional hedge funds, which previously took a wait-and-see approach, are now showing a stronger interest due to the emergence of arbitrage opportunities related to traditional financial instruments such as cash stocks and perpetual contracts on crypto platforms.She pointed out that the improvement in market depth, combined with 24/7 trading and weekend price discovery mechanisms, makes these opportunities more realistic. She also mentioned that when the same tools are offered on second- and third-tier platforms or in DeFi venues, liquidity often falls short of hedge funds' needs. However, she emphasized that this process is still in its early stages and does not expect a surge in capital inflows overnight, with the next 12 to 18 months being worth close attention.Similar changes are happening on the other side of the market. Chen indicated that their crypto-native clients are incorporating more tools linked to traditional financial products to build hybrid investment portfolios. The data she cited showed that the scale of Binance's cash stock assets has increased from about $800 million to $900 million to $1.4 billion, while the trading volume of traditional financial perpetual contracts has risen from about $20 billion to $30 billion per month when launched at the beginning of this year to about $400 billion every 30 days. She believes that tokenization and cross-asset trading are still in their early stages, and regulatory clarity will determine the ultimate integration of traditional and crypto trading more than the product offerings of a single platform.

The cryptocurrency financial service institution BIT (formerly Matrixport) has increased its positions at addresses 0xbd1c...ff0e and 0x2371...0883 this morning, each buying 12,000 ETH, totaling 24,000 ETH, with average purchase prices of approximately $2,420 and $2,422 respectively.The ETH long positions held by the two addresses are all using 20x full leverage, with a position value of approximately $60.29 million and a total floating profit of about $2.19 million. The current price of ETH is reported at approximately $2,512, an increase of about 3.8% compared to the average purchase price of the two addresses.

According to Catcher Predict monitoring, the predicted market on Polymarket for the event "LoL: Maryville University vs Disguised - LCS Playoff Qualification" has seen a dramatic fluctuation in the "Yes" option win rate for the sub-market "Both teams kill a dragon," rising from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of relevant breaking news.

According to the official announcement, Bitget has upgraded its CFD products, further optimizing the tiered leverage and margin mechanism for gold (XAUUSD). When the exposure of XAUUSD and its related contracts (XAUUSD.p, XAUUSD.s, XAUUSD.pro) is below $100,000, the maximum leverage has been upgraded from 800 times to 2,000 times, with the corresponding margin requirement reduced to 0.05%. For positions exceeding this range, the platform will continue to adopt a tiered margin calculation mechanism, and the margin rate will be dynamically adjusted as the nominal value of the position increases.This upgrade enhances the efficiency of capital use and strategy flexibility in CFD trading through a more flexible leverage and margin tiering mechanism, providing professional traders with more options for strategy allocation in different market environments.