MEXC collaborates with Hacken to conduct monthly reserve audit

BitMine is currently facing unrealized losses of $3.7 billion due to its large holdings in Ethereum. It remains to be seen whether there will be more decentralized autonomous organizations (DATs) emerging in the coming months, despite the risks involved. （Cointelegraph）

Bitcoin rebounded near $92,000, but remains below key structural levels as markets stabilize after a two-day washout.Analysts say onchain risk indicators still show “deep stress” but noted room for a larger upside reversal.

[U.S. stock market's three major indexes open higher, Dow rises 500 points] The U.S. September unemployment rate increased, and the three major indexes of the U.S. stock market collectively opened higher. The Dow rose 500 points, the S&P 500 index increased by 1.5%, and the Nasdaq rose by 2.1%. NVIDIA climbed 4.6%, with strong performance in its third-quarter results. Google A rose 3.7%, as the Gemini 3 model set multiple benchmark testing records.

The expansion adds 56 MW at Barber Lake and secures $830 million in contracted revenue, reinforced by increased Google backing.

[Analysis suggests the Fed's 'rate cut tug-of-war' is not over yet] Sarmaya Partners President and Chief Investment Officer Wasif Latif stated that the U.S. September non-farm payroll data far exceeded expectations, prompting the market to adjust and reassess the Fed's 'rate cut tug-of-war.' Currently, the 'no rate cut' camp holds the upper hand, but uncertainties remain in the game. Latif pointed out that October data may better reflect the weakness in the labor market, but as of now, relevant information is not yet available, and judgments can only be made based on existing data.