Mike McGlone, senior commodities strategist at Bloomberg Intelligence, stated that since 2026, assets such as U.S. natural gas, Bitcoin, gold, silver, platinum, palladium, lead, nickel, and iron ore have all experienced a pattern of initial gains followed by declines. This trend may continue until the end of the year, and the U.S. stock market needs to maintain resilience to prevent the risk of a market downturn from spreading. (Source: Bloomberg)

A whale deposited 4,000 BTC, worth $327 million, into Binance and Deribit in the past 5 hours. (Lookonchain)

Ouyi supports VELODROME to be replaced with AERO, announces offline and replacement arrangements Ouyi supports VELODROME to be replaced with AERO in a ratio of 1: 0.044. Offline VELODROME/USDC and VELODROME/EUR trading pairs on October 30th from 11:00 to 12:00 (UTC+8); On November 3rd from 11:00 to 12:00 (UTC+8), offline the VELODROME/USDT trading pair and close deposits and withdrawals; On November 3rd at 14:00 (UTC+8), an account snapshot will be taken, and the position must be no less than 10 VELODROME and in the already recorded status to participate in the exchange. After the exchange is completed, the assets will be distributed to the fund account.

HSBC and Standard Chartered-led Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began rolling out HKDAP in August.

Given the price trends and the limited impact of interest rate hikes on the economy, the Bank of Japan is likely to maintain a rapid pace of interest rate increases, with the next rate hike expected as early as December.