trade

According to the "X Layer Q3 2026 Fundamental Report" released by Principia Labs, the Ethereum Layer 2 network X Layer saw growth in on-chain activity and the scale of the DeFi ecosystem in the third quarter. Among them, TradeZone processed approximately 287 million transactions, which is 2.6 times the EVM transaction volume during the same period; the daily average number of EVM transactions increased by 262% month-over-month to 1.22 million.The report also shows that the total locked value in DeFi increased by 100% month-over-month to 173.4 million USD, and the revenue from ecological application transaction fees increased by 490% month-over-month to 1.86 million USD. The market capitalization of OKB increased by 53.8% month-over-month to 2.54 billion USD. Principia Labs believes that with the development of Exchange OS, X Layer is gradually forming a full-stack trading system covering on-chain transactions and DeFi applications.

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 Crypto.news, Beast Holdings, associated with YouTube creator MrBeast, has submitted two U.S. trademark applications for MRBEAST FINANCIAL and BEAST FINANCIAL, covering financial services such as cryptocurrency trading, payment processing, decentralized exchanges (DEX), online banking, consumer loans, credit and debit cards, and investment management.

According to monitoring by Lookonchain, trader Jelitics traded 12 types of Meme coins on the Solana chain, all resulting in losses, with a win rate of 0%. The total loss exceeded 1 million dollars. Currently, he has sold all Meme coin holdings.

According to the official announcement, Gate Doge (Trenches) will hold the 67th Hot Coin Competition from October 19, 16:00 to October 22, 16:00 (UTC+8). After registering, users can trade all Robinhood chain tokens in the Doge area to earn chances for a blind box lottery based on their cumulative trading volume, sharing a total airdrop reward of 30,000 USDT.Users who did not register with an invitation code can earn 1 regular blind box lottery chance for every cumulative trade of 200 USDT, while users who registered with an invitation code can earn 1 premium blind box lottery chance for every cumulative trade of 500 USDT. Both types of users can earn a maximum of 12 lottery chances during the event, with a winning rate of 100%.At the same time, the Gate Doge SOL chain peak trading competition will be held from October 19, 18:00 to November 2, 16:00 (UTC+8). Users who register and trade SOL chain tokens in the Doge area can unlock an airdrop prize pool worth up to 50,000 USDT. Once the effective cumulative trading volume of all registered users reaches a certain threshold, the corresponding tier prize pool will be unlocked, based on the highest tier reached at the end of the event.In addition, users with an effective cumulative trading volume of 40,000 USDT can participate in the trading ranking, with the top 100 qualifying users receiving rewards, and the champion can win an airdrop worth up to 10,000 USDT.

SolanaFloor posted on platform X that Cardboardtrade, regarded as the Solana version of Papertrade's perpetual contract protocol, currently has an average daily trading volume of approximately 1 billion dollars. It is reported that the platform offers up to 1000x leverage trading for BTC, ETH, and SOL, with a total liquidation amount exceeding 564 million dollars and an open interest (OI) reaching 38 million dollars.A data screenshot provided by SolanaFloor shows that the total trading volume of the protocol is approximately 4.4 billion dollars.

Renowned trader Doctor Profit stated that he has opened a long position in Bitcoin at $81,000 with 4x leverage. He believes that the current pullback has completed, with the $81,000 to $82,000 area forming strong support, and he views it as a local bottom, with the next target still at $94,000.He pointed out that Bitcoin previously rose near $87,000, but the daily RSI high decreased, forming a bearish divergence. After this pullback, the RSI has returned to the area where the previous rebound occurred, and the price has once again touched the orange line in his chart, resembling the pattern when the last local bottom was formed.Regarding the subsequent path, he expects that first, it is necessary to reclaim $82,000 for confirmation, followed by a consolidation between $82,000 and $88,000, and then a breakout of the range to rise towards $94,000. He anticipates that the $86,000 to $88,000 area will be characterized by accumulation rather than distribution this time, with buying absorbing selling pressure, turning resistance into support.

The synthetic perpetual contract protocol Papertrade, built on Hyperliquid, announced that its platform token PAPER will remain non-transferable due to the risk of perpetual contract attacks. The platform stated that holders of PAPER tokens obtained through trading losses can stake them to receive USDC distribution rewards.Papertrade is a fully on-chain, user-owned synthetic perpetual contract protocol that supports up to 1000x leverage with no market impact. Currently, the platform has not disclosed a specific timeline for when the PAPER token can be transferred or sold, which means holders are temporarily unable to trade or transfer their tokens on the secondary market and can only earn rewards through staking.

According to monitoring by Lookonchain, Huang Licheng has continuously suffered losses on PaperTrade, with nearly all of the $261,000 he deposited yesterday lost, leaving only $5,682 in the account;Overall, his trading platform has accumulated losses of $779,000. After deducting the $394,000 USDC staking rewards received, the actual net loss is approximately $382,000.

According to Arkham monitoring, the trader "KIMCHOWOO" on OpenSea spent $676,500 about 5 months ago to buy approximately 1.662 million ONDO and nearly 30,000 LINK, with the value at one point increasing to $1.084 million during the holding period.About two hours ago, the trader transferred all holdings to Binance, and if sold, would profit over $400,000.

Trader Killa posted that the rise of Bitcoin does not necessarily align with logic; sometimes it is precisely because the market behaves irrationally.If market trends always followed logic and every fluctuation could be rationally explained, everyone would make money, but the Bitcoin market is not like that. Killa stated that he remains bullish on Bitcoin and holds a long position in BTC, and he will not close his position until the price reaches $126,000.

According to Ai Yi's monitoring, in the past month, ZEC has retraced more than 24%, but trader solanadoomer (@Boomer) still maintains a long position and has now become the fourth largest long holder of ZEC.He has gone long on 10,000 ZEC with 10x leverage, with a position value of approximately 11.36 million USD, an opening average price of 1146.86 USD, and a current unrealized loss of about 85,000 USD; at the same time, he has also gone long on 2,000 ETH with 25x leverage, with a position value of approximately 4.82 million USD, an opening average price of 2376.18 USD, and a current unrealized gain of about 68,000 USD.

HIP-3 market deployer Paragon spent 570.98 HYPE (approximately $45,000) to acquire the code PAPER, or the upcoming Papertrade (PAPER) perpetual contract.Papertrade is an on-chain synthetic perpetual contract trading platform deployed on HyperEVM, offering up to 1000x leverage. Its token PAPER is minted through users' realized trading losses, with no pre-mining, team, or venture capital allocation.

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.

The United States Central Command stated that due to the blockade by the United States Navy, Iran has no maritime import and export trade.

According to CoinDesk, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission (SEC), issued a statement on October 13, approving the rule change submitted by Cboe Global Markets. This change allows binary options linked to the key performance indicators (KPI) of 23 publicly listed companies in the United States. The metrics related to the cryptocurrency industry include: trading volume of Coinbase (COIN), number of customers and revenue of Robinhood (HOOD), and Bitcoin production of MARA Holdings (MARA).These contracts are cash-settled, European-style options that can only be exercised at expiration. The settlement data is derived from documents submitted by the companies to the SEC, rather than from earnings presentation materials. Cboe plans to launch these contracts this month, and Robinhood is expected to be the first brokerage to offer this product to retail investors. However, trading will not begin until the clearing agency Cboe Clear U.S. obtains temporary registration, and another related application is still under review.

The second-generation Tesla Roadster supercar has been unveiled, equipped with a cold air propulsion system developed in collaboration with SpaceX. Musk stated that Tesla will begin production of the Roadster sports car in 2028. In August of this year, Tesla, Inc. applied to register the "Roadster" trademark, classified internationally as a vehicle, with the current trademark status being in the application process.