Wu reported that Bitmine Chairman Tom Lee told BBC in an interview that as long as the fundamentals remain unchanged, crypto assets, chip stocks, and the AI cloud computing sector currently resemble a "Coiled Spring"; these sectors have recently pulled back to key technical support levels. Their technical strategist Mark Newton believes the market may form a temporary bottom around today or next Monday. Tom Lee pointed out that with strong fundamentals and market sentiment in panic, the current

The overview of tokenization services shared by DTCC shows that the service will support 25 securities at launch, covering some Russell 1000 index components, ETFs, and U.S. Treasury bonds. It will initially support the Canton Network and DTCC's private Besu network. Tokens are backed 1:1 by securities held in custody by DTC, and support 24/7 peer-to-peer transfers between wallets registered with DTC on the same network. Stellar and Circle's Arc network are expected to be integrated in 2027, wit

According to 404 Media, newly submitted court documents show that Telegram provided U.S. authorities with specific users' phone numbers, user IDs, as well as IP addresses and corresponding timestamps in a case involving individuals suspected of participating in the October 7, 2023 attack on Israel. The documents submitted by the U.S. government state that the relevant data was obtained under a court order issued pursuant to the Stored Communications Act. Telegram stated in a letter that it "volu

Ethereum co-founder Vitalik Buterin posted on X that the cost of Bitcoin mining is roughly split evenly between capital expenditures related to computing power and electricity costs, while AI inference costs are mainly dominated by capital expenditures related to computing power. The shared infographic shows that in Bitcoin mining costs, capital expenditures such as hardware, cooling, power equipment, and financing account for about 40%, and electricity costs total about 45.9%; in AI inference c

According to The Defiant, Bitget announced it will stop providing services to certain users, with specific cutoff times and withdrawal arrangements to be notified individually via email, in-site messages, or push notifications. Bitget stated this is a one-time arrangement targeting only some users; the platform continues to operate, user funds are secure, and users who have not received official notifications can continue to use their accounts according to the terms of service. Bitget's updated

According to Bloomberg, Jump Trading and DRW are investing trading personnel and funds to develop a derivatives market linked to AI computing power prices. Jump has formed a dedicated team planning to use its own funds to participate in over-the-counter trading, perpetual contracts, and prediction-based trading, and expects to provide market making for computing power futures prepared by CME with Silicon Data and Intercontinental Exchange with Ornn. DRW plans to conduct computing power trading t

According to SoSoValue data, on October 16 Eastern Time, the total net outflow of Bitcoin spot ETFs was $82.3893 million. Among them, BlackRock IBIT led with a net outflow of $71.7803 million, followed by Fidelity FBTC with a net outflow of $10.609 million. Before the release, the total net asset value of Bitcoin spot ETFs was $104.29 billion, with a net asset ratio of 6.35%, and a historical cumulative net inflow of $56.878 billion. The total net outflow of Ethereum spot ETFs was $69.6827 milli