america

Bank of America Securities pointed out that if crude oil and refined oil prices rise further in the next three to six months, it may lead to a significant increase in interest rates. The U.S. two-year nominal interest rate swap has risen by 113 basis points year-to-date and has cumulatively increased by 196 basis points on days when oil prices rose. Bank of America believes that rising energy inflation may reduce the constraints on the Federal Reserve's interest rate hikes.

According to Decrypt, the U.S. Department of Justice announced on Tuesday that a Canadian man has been extradited to the United States, facing charges of assisting in the intrusion of university computers, stealing login credentials, and secretly mining cryptocurrency.A federal grand jury in the Western District of New York indicted 35-year-old Ryan James Roach, a resident of Saskatchewan, and 41-year-old Mathiew James Stubbings, a resident of Ontario, on charges including conspiracy to obtain and damage protected computer information, obtaining protected computer information, and intentionally damaging protected computers, which could result in a maximum sentence of 10 years in prison and a $250,000 fine.The indictment shows that between June 2016 and December 2019, the two targeted U.S. educational institutions with supercomputers, first researching their cybersecurity weaknesses before executing the intrusions. Once inside the systems, they allegedly deployed malware, stole login credentials, and forced the victims' computers to mine for them.Victims included institutions in New York, Tennessee, North Carolina, and Massachusetts. The two reportedly used virtual private servers registered under false names in multiple countries to send malware and mining programs and store stolen credentials, while also forwarding attacks through other victims' compromised computers to hide their identities.Roach was extradited from Canada on October 28 and was arraigned in Rochester, New York, where he is currently detained awaiting a detention hearing. Extradition proceedings for Stubbings are still ongoing in Canada. This case falls under cryptocurrency hijacking, where attackers use others' computers to mine, leaving the victims to bear the electricity costs and suffer performance degradation. The Department of Justice did not specify the particular cryptocurrencies mined by the two.Google's Threat Intelligence team released a report on Monday stating that attackers are expected to increasingly prioritize LLMjacking over traditional resource thefts like cryptocurrency hijacking, which involves hijacking corporate access to AI models and shifting the billing.

Bitcoin Treasuries posted on platform X that the Bitcoin mining company American Bitcoin Corp., supported by the Trump family, increased its holdings by 127 BTC, bringing the total holdings to 8427 BTC.

According to market news, the American artificial intelligence company Nooks has secured a $500 million commitment from General Catalyst. Nooks also officially launched its Revenue Agent Platform on November 4, designed to handle tasks from initial customer contact to contract renewal.

According to the official announcement, the Bitcoin mining company American Bitcoin (ABTC), co-founded by Eric Trump and Donald Trump Jr., released its financial report for the third quarter of 2026, showing a net profit of $126 million, compared to a loss of $57.2 million in the second quarter. The profit mainly came from approximately $197 million in digital asset gains; revenue was $63.4 million, down from $67 million in the second quarter.As of September 30, the company held approximately 8,427 BTC, an increase of about 425 coins since the end of June, of which about 3,090 coins were staked with Bitmain; approximately 891 BTC were mined in the third quarter, with the cost per mined coin rising to about $42,100. According to Bloomberg, ABTC's stock price fell 5.6% on Wednesday, closing at $6.24.

Japan's financial group SBI plans to invest 100 million dollars in the American digital bank Erebor. SBI stated that Erebor's deposit scale exceeded 7 billion dollars in September.Erebor is an American digital bank that supports blockchain settlements outside of banking hours, allowing for on-chain fund clearing during traditional bank non-business hours.

North America will switch to Standard Time at 2 AM local time on November 1 (2 PM Beijing time on November 1), setting the clocks back one hour.Starting November 2 (next Monday), U.S. stocks will enter Standard Time, and trading and data release times for U.S. stocks, U.S. bonds, and other U.S. markets will be one hour later relative to Beijing time. U.S. stocks will open at 10:30 PM Beijing time.

The founder and CEO of trading company DRW, Don Wilson, published an article raising several questions about the New York Stock Exchange's parent company's push to introduce the decentralized perpetual contract platform Hyperliquid to the U.S. market. He also expressed gratitude to CFTC Chairman Selig and the Trump administration for making such experiments possible and stated that only the market can determine whether an arrangement is useful.Don Wilson: What are the benefits of trading perpetual contracts on a regulated exchange in an on-chain manner? He believes the main advantage of on-chain trading is the reduction of friction in a trustless, identity-verification-free environment, or receiving the purchased assets in real-time through atomic transactions; however, perpetual contracts themselves are not assets, so the latter benefit does not apply.He also specifically mentioned Stan Druckenmiller, asking whether he is aware that positions and transactions on Hyperliquid can be tracked in real-time and whether he sees this as an advantage. Additionally, he noted that Hyperliquid's priority fee mechanism allows participants to pay to see information earlier or to move their orders ahead in the queue, and he inquired whether this aligns with CFTC core principles.Don Wilson further asked whether the liquidity of offshore order books can be merged with onshore order books; if not, whether listing perpetual contracts on regulated exchanges using traditional centralized order books is preferable to bearing the inefficiencies brought by on-chain matching.Previously, Intercontinental Exchange (ICE) and trade[XYZ] announced plans to deploy a perpetual contract market covering crypto assets, stocks, commodities, foreign exchange, and other physical assets for U.S. traders based on Hyperliquid infrastructure, pending regulatory approval, with ICE operating the regulated market and clearing framework.

According to Bloomberg, as the U.S. midterm elections on November 3 approach, the commercial collaborations between prediction market platforms Kalshi, Polymarket, and media groups such as CNN, CBS News, CNBC, Dow Jones, and Fox are attracting attention. Bloomberg estimates, based on Dune data, that the cumulative trading volume of midterm election-related prediction markets on the two platforms is approximately $1.5 billion.The report states that CNBC's collaboration with Kalshi involves customer acquisition and minority equity investment, CBS News lists Kalshi as a sponsor of the prediction market, and the Wall Street Journal under Dow Jones showcases Polymarket data. CNN indicated that it would not reference prediction odds during live broadcasts on election night, while Fox News explicitly excluded political reporting from its collaboration with Kalshi. The financial terms of the related agreements are mostly undisclosed, and some media commentators are concerned that commercial interests may affect the independence of news reporting.

Bank of America has removed Apple (AAPL.O) from its preferred list of U.S. stocks.

According to a report by Decrypt, a national survey commissioned by the cryptocurrency policy advocacy organization DeFi Education Fund and conducted by Ipsos shows that 22% of American adults have held or used cryptocurrency, up from 18% in 2025, but the usage rate over the past 12 months remains flat at 13%. The survey, conducted from September 8 to 16, interviewed 1,545 adults, with a margin of error of ±2.8 percentage points. The growth almost entirely comes from users who have dropped out: among those who have not used cryptocurrency in the past year, the proportion who had held or used it rose from 5% to 11%; the willingness to purchase in the future also remains flat, with 17% indicating they might hold or use it in the future, compared to 16% last year.In terms of user demographics, the usage rate for men in the past year was 18%, while for women it was 8%, with the former being more than double the latter. Adults under 60 showed a significantly higher usage rate than older individuals. The primary reason for trying cryptocurrency is curiosity (34%), followed by long-term investment (25%). Respondents expressed significant unease about the traditional financial system: only 19% believe it is safe, and 63% think it needs to be upgraded to address cybercrime and AI threats; 60% are concerned about data breaches at large financial institutions, and 54% doubt their ability to withstand AI-driven threats, while 74% indicate that financial privacy is important.This skepticism has not translated into trust in cryptocurrency. Only 4% have high trust in cryptocurrency exchanges, and 5% have high trust in decentralized platforms, while large national banks and credit unions have trust levels of 42% and 48%, respectively. The knowledge gap is also significant: only 2% of Americans are very familiar with DeFi, 6% can identify all four characteristics of cryptocurrency listed in the survey, and 35% are completely uncertain about how to describe cryptocurrency. However, 40% indicate that if DeFi were available, there is at least some possibility they would try it, with over 80% stating they would use it to save money, earn interest, or send money to friends and family; the desire to understand stablecoins and DeFi decreased from 11% to 7% and 8%, respectively.

Last week, Bank of America clients net sold $3.5 billion in U.S. stocks, following an outflow of $15 billion the previous week.According to Bank of America analysts Jill Carey Hall and Trey Brown, retail investors led this sell-off. The communication services sector recorded its largest weekly outflow since tracking began in 2018, affecting the industry including Meta. The industrial sector also faced significant selling, marking the 13th consecutive week of outflows.

Multiple institutions predict that the Federal Reserve will pause interest rate hikes in October and raise rates by 25 basis points in December. Goldman Sachs, Citigroup, and Credit Agricole all believe that the rates will remain unchanged in October, while Bank of America predicts an interest rate hike in October.

Anthropic has selected JPMorgan Chase to handle its IPO stock sales aimed at retail investors in the United States, expecting to allocate about 15% to 20% of the shares to retail investors.JPMorgan Chase CEO Jamie Dimon will participate in the IPO activities. Citigroup is responsible for coordinating the sale to international retail investors, and the IPO will also take place in Australia, Canada, Japan, some European Economic Area countries, Switzerland, and the United Kingdom.

Bank of America Global Research has included SpaceX (SPCX.O) in its list of preferred stocks in the U.S. market.

According to Eleanor Terrett, a joint survey by the DeFi Education Fund and Ipsos shows that 35% of American respondents believe political candidates should support the development of the next generation of financial technology. However, when the question specifically pointed to blockchain, cryptocurrency, and DeFi, this percentage dropped to 13%.The survey also revealed that 74% of respondents believe the financial system needs reform so that individuals can have more control over their assets. Meanwhile, only 9% of respondents reported being very or extremely familiar with cryptocurrency, and just 5% have high trust in decentralized platforms.Among those who are intentionally trying DeFi, the leading uses are for savings and domestic transfers within the United States, rather than speculation. Cryptocurrency ownership has increased by 4 percentage points, while usage over the past year has remained steady at 13%.

Bank of America, Blackstone Group, Citigroup, and Morgan Stanley announced a partnership with Broadcom (AVGO.O) to establish a landmark $63 billion financing structure to support artificial intelligence computing capacity.

Binance founder CZ recently accepted an interview with Japanese business media PIVOT, discussing his decision to voluntarily go to the United States to plead guilty and pay a hefty fine. He emphasized that this was because he did not want to be a fugitive or evade issues. CZ stated that Binance was only involved in registration-related violations, with no fraud and no victims, and that users have always been well protected. Serving time was an unpleasant experience and a lesson.CZ also mentioned that recently, American banks have committed more serious violations but were only fined $1.2 billion and were not prosecuted. He stated that the world is inherently unfair, but he is no longer entangled in it and wants to focus on moving forward, learning from experiences to do more positive things.