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Renowned trader Ansem stated in the podcast "Market Bubble" that he has recently shifted from a bullish to a bearish stance, reducing his positions and taking profits over the past few days, while also shorting a portion.Regarding stocks, Ansem believes that mainstream targets have seen significant increases, accumulating a large amount of unrealized profits, and have hardly experienced any proper corrections. Now, significant de-risking and profit-taking are starting to occur. He thinks that the U.S. stock market may be at the tail end of the macro cycle, with funds withdrawing.For the cryptocurrency market, Ansem believes that crypto performed strongly in Q3, but it may just be a counter-trend rebound rather than the beginning of a new bull market. Crypto had previously outpaced the weakness in stocks, rebounding after being oversold; if stocks continue to weaken, they may drag crypto down with them, and Bitcoin could fall back to around $70,000. He also expressed continued optimism about tokenized stocks, viewing them as a key pathway to bring more traditional capital onto the blockchain, as well as a catalyst for the next wave of real users and capital inflow, and reiterated his positive outlook on ZEC, emphasizing its privacy Bitcoin attributes.

According to The Defiant, the USDT market of the MakerDAO ecosystem lending protocol SparkLend currently has a borrowable liquidity of 11.95 million dollars, with a utilization rate maintained at around 96%. Earlier this week, the liquidity in this market tightened.In terms of interest rates, the current annualized yield for USDT depositors is approximately 6.9%, while borrowers are subject to an annualized borrowing rate of about 7.7%.

According to a notice from the global securities financing technology company EquiLend, Goldman Sachs has begun using its distributed ledger platform 1Source built on the Canton Network, joining the ranks of Bank of New York Mellon and National Bank of Canada.The platform aims to reduce issues such as duplicate reconciliation, inconsistent transaction records, and settlement failures between traditional financial institutions by synchronizing securities lending transactions and subsequent changes through a shared ledger. Bank of New York Mellon and National Bank of Canada started transmitting real transaction data to the platform in October 2025.

Danish Bank strategists pointed out that despite the rise of the S&P 500 index and the European Stoxx 600 index, AI-related stocks rebounded for the third consecutive day, but Alphabet and Microsoft's earnings reports showed a divergence in AI-related revenue and capital expenditures.The flat capital expenditure guidance may limit the gains in the data center and semiconductor industries. The market reacted negatively to the earnings reports of major cloud computing companies, with the Korea Composite Stock Price Index falling 0.7% and Nasdaq futures dropping 0.9%.

Liquid Capital founder Yi Lihua stated that the global financial markets have been quite volatile recently, and one cannot expect to make money every moment in investments and trading. He mentioned that even Duan Yongping has to endure significant unrealized losses, with some stock investors previously making ten times their investment now facing an 80% retracement, and the situation for ordinary stock and cryptocurrency investors is even worse. The overall environment is still in a rate hike cycle, and Bitcoin has become a relatively well-performing asset.Yi Lihua reiterated that the upward trend is not a straight line, nor is the pullback; he still sees a bullish market trend and continues to wait for the right pullback. With the midterm elections approaching, market volatility and trading opportunities are increasing. He also mentioned that Coinbase has launched a global derivatives trading competition with a maximum prize pool of 2 million USDC, believing that this event provides a platform for communication and testing trading strategies, and he himself will participate and learn.

According to Pendle monitoring, the scale of STRCx on Pendle has surpassed 50 million dollars and set a historical record.Pendle currently holds about 30% of the total supply of STRCx, which is the largest tokenized equity asset in DeFi.

The Euronext exchange suspended the Zcash ETP from the cryptocurrency asset management company CoinShares just hours after its launch on the Paris market. The reason for the suspension is that the central securities depository is unable to support the related settlement operations, which prevents CoinShares from participating in the Zcash ETP trading.A spokesperson for Euronext stated that the suspension is not related to regulation but is a settlement infrastructure issue; the ETP will remain frozen until the central securities depository can fully support standard settlement operations. Currently, related products from 21Shares, Virtune, and Valor are still trading in the European market. According to the page content, the EU Anti-Money Laundering Regulation will come into full effect on July 1, 2027, prohibiting licensed cryptocurrency companies from handling privacy coins like Zcash and interacting with anonymous wallets.

EIP-8450 proposal update, intended to introduce a quantum-resistant public key registration mechanism for Ethereum validators, using a hash-based cryptographic scheme, including leanXMSS keys and VRF tree roots.The update clarifies that the registration and replacement of quantum-resistant keys are authorized by BLS signature keys, and sets a replacement delay of at least one Epoch and a replay protection mechanism; this proposal is currently still in the Draft stage and has not yet been deployed.

According to the market information platform Liquid247.xyz, the current price of ETH is $2,307.67. The thickest order book is on Binance spot: buy orders amount to $14.0877 million, sell orders amount to $8.4845 million, with buy orders exceeding sell orders by $5.6032 million.Coinbase spot and OKX perpetual buy orders are also thicker than sell orders, but the scale is smaller than that of Binance spot. If a large buy or sell order suddenly appears, exchanges with thinner order books will be affected first, and price fluctuations will be more pronounced.

According to an official report from Cointelegraph, the competition among cryptocurrency exchanges is undergoing transformation, with the industry's focus gradually shifting from trading data to users' broader daily financial needs. During TOKEN2049, Gate officially launched a one-stop financial service application, Gate Money, to lead this new competitive landscape.Dr. Han, the founder and CEO of Gate, pointed out that Gate Money aims to break down the barriers between traditional investments and daily consumption. It integrates users' named bank accounts, fiat currencies, cryptocurrency assets, and traditional financial holdings such as stocks and gold into the same account system, combined with the Gate Card that supports Apple Pay and Google Pay, as well as a Visa co-branded card, granting assets instant consumption capabilities. It also integrates various fiat currency deposits and withdrawals, on-chain transfers, instant exchanges, and up to 3.6% annualized wealth management, achieving a one-stop experience for asset management, appreciation, and payments.While expanding its business, Gate always places compliance and transparency at its core. Currently, the platform has obtained compliance qualifications in Malta, Dubai, Australia, and the United States; the platform's total reserves amount to $8.688 billion, with a comprehensive reserve ratio of 118.49%. The launch of Gate Money marks Gate's acceleration towards upgrading into a comprehensive financial ecosystem that encompasses daily payments and comprehensive asset management.

According to the Digital Currency Research Society, on October 27, Beijing Bank released a public tender announcement for the procurement project of firewall equipment for digital currency business in 2026 through the official centralized procurement management system. Along with the previously announced procurement projects for IPS, encryption machines, WAF, SSL, signature devices, etc., the bank has officially launched a centralized upgrade of the full-chain security infrastructure for digital renminbi business, covering core security nodes such as intrusion defense, encrypted transmission, web application protection, and identity signing.In April of this year, Beijing Bank became a newly added operational institution for digital renminbi business and connected to the central bank's digital renminbi system. In August, the central bank added 8 more operational institutions, expanding the total to 30. Previously, several newly added operational institutions, such as Huishang Bank, Hangzhou Bank, and Guangxi Beibu Gulf Bank, had initiated tenders for core digital currency systems worth tens of millions. The report pointed out that Beijing Bank's inclusion of various security devices such as firewalls and encryption machines in centralized procurement is a proactive security layout to adapt to the new features of digital renminbi, such as high-concurrency transactions and programmable smart contracts.

According to TrendForce, Apple's first foldable phone, iPhone Duo, has been available for pre-order for less than a week, and some orders on the official website have already been delayed until January 2027. TrendForce estimates that global shipments of foldable phones will see a slight increase of 0.5% in 2026, with Apple’s first foldable iPhone expected to ship around 5 million units, capturing approximately 24.8% market share in its first year, and Apple's entry will accelerate the redistribution of brand market share.Initial user feedback shows that the split-screen operation and screen experience after unfolding have been positively received, while the black edges of apps, button configuration, and fingerprint unlocking have increased adaptation costs. Reports of screen damage and high repair quotes have shifted the focus to reliability and ownership costs. TrendForce states that the visibility of creases on the iPhone Duo is relatively low, which is related to multi-layer material stress control and nano-texture optical optimization; the droplet-shaped hinge bears dynamic control, and insufficient retreat of the central support can lead to additional contact and stress concentration.Apple has provided replacements for a small number of devices with abnormal inner screens, and subsequent engineering improvements are expected to focus on hinge travel, support height, fitting precision, and assembly tolerances. On the software side, some apps still have black edges and insufficient space utilization, and the large screen has also increased energy consumption management requirements. TrendForce believes that Apple's advantage lies in the integration of chips, systems, and developer ecosystems, with competition shifting from design innovation to multi-tasking efficiency.

Samsung Electronics announced its official financial report for the third quarter of 2026. The company's revenue for the quarter reached 195.3 trillion Korean won, slightly higher than the previously announced preliminary data, with an operating profit of 107.4 trillion Korean won for the third quarter. The net profit for the quarter was 75.2 trillion Korean won, falling short of market expectations of 83.6 trillion Korean won. Following the release of the financial report, Samsung Electronics' stock price briefly fell, then slightly rebounded, currently up 0.2%.The semiconductor business remains the main source of performance. The operating profit of the chip division for the third quarter was 106.5 trillion Korean won, with significant growth in the foundry business revenue. The company expects double-digit growth in this business's revenue in the fourth quarter. The display business recorded an operating profit of 1.1 trillion Korean won, while the mobile division reported an operating loss of 600 billion Korean won in the third quarter.Samsung Electronics announced that it will distribute a dividend of 4,601 Korean won per share for the third quarter, with a total dividend payout of 30 trillion Korean won. Management expects demand for memory chips to continue to expand in the fourth quarter and stated that the chip supply shortage situation will further worsen next year.

According to CoinDesk, APX Lending, a lending institution in Toronto, Canada, announced on Wednesday that it plans to launch Bitcoin-backed mortgages in the first quarter of 2027, allowing homebuyers to raise down payments or full home payments without selling their Bitcoin.The company has opened a waiting list and claims it will become Canada's first regulated Bitcoin mortgage provider, but has not yet disclosed mortgage rates, repayment terms, loan-to-value ratio limits, or the trigger conditions for additional collateral or liquidation.

Microsoft expects its Azure cloud business revenue to grow by 49% to 50% in the second fiscal quarter, with total revenue reaching between 96 billion and 97.1 billion dollars.Revenue from the Intelligent Cloud and Infrastructure segment is expected to be between 80.1 billion and 80.7 billion dollars, while revenue from the Devices and Consumer segment is projected to be between 15.9 billion and 16.4 billion dollars. Microsoft also anticipates that capital expenditures in the second fiscal quarter will exceed 50 billion dollars.

Alphabet executives stated that research and development expenses increased by 36%, primarily driven by AI talent recruitment and depreciation.