Today's Highlights
1. Ethereum’s Devcon 8 comes to India for the first time
2. Animoca Brands to host panel on tokenized real-world assets in Hong Kong
3. Anthropic and xAI expand watermarking for compliance with EU AI laws
4. Eli Electric Vehicles to launch new L7e model at EICMA
5. Devcon 8 to feature 300+ speakers, 9 tracks on DeFi, AI, and security
Macro News
Nu Holdings Shares Drop 39% After Lula's Election Win
Nu Holdings shares fell 39% following Luiz Inácio Lula da Silva's victory in Brazil's presidential election, with the stock hitting $11.61, its lowest level since June.
Goldman Sachs: AI Capital Spending Near Peak
Goldman Sachs analysts suggest AI capital spending is nearing its peak, with market sentiment shifting from one-sided optimism to a more balanced view of risks and rewards.
Goldman Sachs Predicts Democratic Gains in US Midterms
Goldman Sachs forecasts Democrats have over 90% chance to win the House in the US midterm elections, with fiscal deadlines and AI regulation expected to dominate legislative focus.
OpenAI Cuts Funding Target by $10 Billion
OpenAI has reduced its fundraising target by $10 billion amid market uncertainty, with investors waiting for Anthropic's IPO performance before committing further capital.
IMF Warns of Slowing Asia Factory Activity
The IMF reports a slowdown in Asian factory activity, with growth cooling in October despite manufacturing remaining in expansion territory, partly due to a correction in AI demand.
Industry Hotspots
Uniswap v4 Launches on Ethereum Mainnet
Uniswap v4 has officially launched on Ethereum mainnet, introducing new Hooks functionality and a singleton contract design to reduce gas fees and improve efficiency.
BTCPay Server Warns of Wallet Drain Attacks
BTCPay Server issued a security alert about unauthorized attacks on hot wallets, advising users to shut down instances until the investigation is complete.
Paradigm Unstakes $224M in HYPE Tokens
Paradigm unstaked 2.55 million HYPE tokens, worth $224 million, over two days, representing 17.85% of its current stake in Hypercore, with potential for re-staking.
SBI VC Trade's JPYSC Lending Surpasses ¥10 Billion
SBI VC Trade announced that its JPYSC lending balance has exceeded ¥10 billion, with total handling surpassing ¥30 billion since the service launched in June.
Ambire Ice Wallet to Flag Safe Account Control Changes
Ambire’s new Ice hardware wallet will decode Safe transactions and flag changes to account control, enhancing security for users before authorizing actions.
KOL and Institutions
@elonmusk
Seeing a coin that spawned quick had terrible top holders which then trimmed perfectly with new buyer stepping in, great distro launched on raydium through @LaunchOnPeak
@BTC_NewsBot
$BTC Bitcoin Price Update: Price at $78,371, 0.97% higher in 24h, with market cap at $1.577 trillion and a 7-day change of -2.12%.
@kyc_rip
CEX price at $599.30, street price at $605.05, with a 0.96% premium. 24,364 transactions recorded in 24h.
@LUNCMetrics
Daily Market Update for $LUNC: Price at $0.00004267 (-1.52%), market cap at $235 million, and total supply at 6.44 trillion tokens.
@TheETFTracker
Top Performing ETFs: $HYPG +17.38%, $THYP +16.74%, $BHYP +16.65%. Worst performers include $ZCSH and others.
@oct_gems
Key crypto categories and projects include Quantum Resistant ($QRL, $CKB), Layer 1 ($SOL, $SUI), RWA ($ONDO, $CFG), and Robinhood Ecosystem ($PONS, $ORBIO).
@StackerSatoshi
US futures markets opened with a bounce: S&P 500 +0.3%, Nasdaq 100 +0.5%, and Gold +0.5%.
@InsiderFinancex
Bearish options flow on $SPY: $23.7M in January 2027 $716 puts, with puts leading calls by $304M and dark pool activity showing a 100% increase in selling.
@CryptoJedi24
A poetic reflection on the dangers of unwarranted favor in markets, using metaphors of autumn and leadership to highlight risks in speculative environments.
@oct_gems
Layer 1 projects highlighted include $SOL, $SUI, $ALGO, $INJ, $SEI, $APT, and others, with RWA projects such as $ONDO, $CFG, and $PENDLE also noted.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.