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2026/11/02
Solana Stablecoin Market Cap Reaches Record $17.51 Billion
Odaily Planet Daily reports that Solana posted on X that Solana ecosystem applications generated nearly $300 million in revenue in Q3, a 50% increase from Q2; spot DEX trading volume reached $197 billion, and stablecoin market capitalization hit $17.51 billion, both all-time highs.
Dollar Index Consolidates Near 101.5 Amid Cooling Geopolitical Tensions and Persistent Inflation
CoinMarketCap reports — the US Dollar Index has retreated to around 101.5, with bullish momentum easing after a slight rise the previous day. Ongoing diplomatic talks in the Middle East have dampened risk-off demand, weighing on the dollar; however, the September PCE data showed inflationary pressur
HSBC's HKD stablecoin RedCoin reaches 50,000 users in just over a week
ChainThink reports that on November 2, according to the South China Morning Post, HSBC Group CEO Georges Elhedery stated that HSBC’s Hong Kong dollar stablecoin, RedCoin, has reached 50,000 users since its launch in October, with a goal of attracting millions of users.It attributes its user growth t
Chip stocks rise ahead of the U.S. market open, with Marvell Technology up 2.9%.
Huo Xing Finance reports, according to Rootdata market data, pre-market trading in U.S. semiconductor stocks saw broad gains: Marvell Technology (MRVL.O) rose 2.9%, Arm (ARM.O) rose 2.7%, Micron (MU.O) rose 2.5%, Lam Research (LRCX.O) rose 2.5%, AMD (AMD.O) rose 2.2%, Applied Materials (AMAT.O) rose
Xiaohongshu Joins DeepSeek's $10.55 Billion Series B Round
Everyone wants to invest in Liang Wenheng.The Information disclosed DeepSeek Series B financing: RMB 105.5 billion raised, valuation of RMB 615.5 billion, with nearly 30 investors participating. The caliber of investors is truly impressive.Amid the long list, an unexpected name appears—Xiaohongs
NEAR Enters Bitwise Large-Cap Indexes in October Rebalance
TL;DR: Bitwise’s October 30 rebalance brings NEAR into several indexes, replacing UNI or AVAX depending on the benchmark. Index membership alone does not establish a guaranteed price effect.Bitwise’s latest scheduled index changes place NEAR in several large-cap benchmarks, with the outgoing constit
Bitcoin active addresses drop 43% from peak, daily transfers fall 5.4%
Odaily Planet Daily reports, according to analyst Axel Adler Jr., as of November 1, the 30-day average of Bitcoin active addresses was approximately 629,000, a 43% decline from the local peak of about 1.1 million in December 2024, and a further 1% drop over the past week. This brings the current fig
Crypto Token Longevity: Only Two Paths Survive the Speculation Cycle
The crypto token launch game has been fully cracked; during this speculative retreat phase, where average holding times have shrunk to just seconds, only two types of tokens can survive the cycle and become lasting assets.Author: Donn (Tze Donn Ng, Investor at Brevan Howard Digital)Compiled by DeepC
AI funding surge drives record-yen bond issuance in Japan
BitPush News: Amid a global fundraising surge by AI hyperscale cloud providers, foreign entities have issued a record-high amount of yen-denominated bonds in Japan. From April to September, the total value of yen bonds reached approximately JPY 2.5 trillion (around USD 15.9 billion), a 160% year-ove
Bitcoin active addresses drop 43% from 2024 peak, daily transfers exceed 810,000 BTC
According to ChainCatcher, on-chain analyst Axel Adler Jr. reported that as of November 1, the 30-day average of Bitcoin active addresses was 629,000, a 43% decline from the peak of 1.1 million in December 2024 and approximately 10% below the annual average of 702,000. During the same period in 2018
Samsung to Exit 8-Inch Wafer Foundry by 2030, Shift Focus to 12-Inch Advanced Nodes
According to ME News, on November 2 (UTC+8), Samsung Electronics plans to fully exit its 8-inch wafer foundry business by 2030, shifting its strategic focus to advanced 12-inch processes. Samsung will gradually reduce its 8-inch production lines, with the S7 facility in Giheung set to shut down in t
Proton CTO: Programming Is Dead; Engineers Should Help Models Write Code
ME AI has published an internal memo titled “AI @ Proton, Engineering Manifesto,” written approximately one month ago by Proton’s Chief Technology Officer, Bart Butler, regarding messages, privacy email, and VPN services. The memo states that software engineering has undergone an irreversible transf
U.S. Midterm Election Predictions: Democrats Expected to Win Congress with 72% Probability
Original | Odaily Planet Daily (@OdailyChina)Author | Asher (@Asher_0210)The U.S. midterm elections will take place on November 3 local time. As the voting day approaches, whether the Republican Party can maintain control of Congress and the outlook for Trump’s governance over the next two years hav
Ethereum October 2026 Decline Hits 16.1%, Second-Worst Performance Since 2016
Ethereum ended October 2026 with a 16.1% loss, its second-worst October performance since 2016.The decline ended ETH’s three-month winning streak following gains in July, August and September.Investors are watching whether Ethereum can recover in November or face further selling pressure.Ethereum cl
Samsung to Exit 8-Inch Wafer Foundry by 2030, Shift Focus to 12-Inch Advanced Nodes
According to ChainCatcher, South Korean tech media TheElec reports that Samsung Electronics plans to fully exit its 8-inch wafer foundry business by 2030, shifting its strategic focus to advanced 12-inch processes. Samsung will gradually reduce its 8-inch production lines, with the S7 facility in Gi
