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On-chain data company CryptoQuant researcher Rei Researcher pointed out in a report released on Monday that as the Bitcoin supply on exchanges continues to shrink, the price of Bitcoin may see an upward trend. The report shows that the Bitcoin held by exchanges has decreased from 2.8 million in February to 2.67 million. The recent price of Bitcoin is around $83,485, remaining stable over the past 24 hours but rising 8% over the past 30 days, following the best-performing quarter in years.The report states, "If buying demand continues to improve while exchange supply remains low, Bitcoin could benefit from a supply-demand imbalance, creating favorable conditions for a longer-term upward trend." The report adds, "More importantly, Bitcoin has rebounded from its lows in recent weeks, while exchange reserves continue to decline. This is a notable development, indicating that even as the market recovers, the supply available for trading is still decreasing." The report also notes that investors may be transferring Bitcoin out of exchanges and into cold wallets.In the first half of 2026, Bitcoin traded below $65,000 for most of the time. After reaching an all-time high of $126,080 in October 2025, the cryptocurrency has been in a bear market for most of this year. However, the situation changed in August when the U.S. Treasury doubled the scale of liquidity support repurchase operations, weakening the dollar while boosting non-yielding assets like Bitcoin. Analysts say that the so-called "devaluation trade" has heated up again, benefiting Bitcoin as it did in 2024 and 2025. Currently, the price of Bitcoin is still over 30% lower than its historical record.

The WeChat public account "Zeping Macro," managed by Chinese macroeconomist Ren Zeping, published an article titled "11 People Earn 900 Million Dollars a Year, Hyperliquid Changes Wall Street," focusing on the decentralized trading platform Hyperliquid and its Chinese co-founder Jeff Yan.The article states that Hyperliquid's core team consists of only 11 people, with a net profit exceeding 900 million dollars in 2025, and an average profit surpassing that of Apple, Nvidia, and OpenAI.Zeping Macro indicates that Hyperliquid is challenging the traditional financial model that relies on centralized intermediaries through self-developed blockchain, on-chain transparent trading, automatic execution of smart contracts, and a round-the-clock trading mechanism. Additionally, it is expanding the trading scope to traditional financial assets such as crude oil and stock indices with the help of HIP-3.The article claims that its core breakthrough lies in replacing some of the credit of traditional financial intermediaries with code and publicly verifiable rules.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Shanghai Rolex Masters: Alexander Zverev vs. Alexander Bublik," the sub-market "Shanghai Rolex Masters: Alexander Zverev vs. Alexander Bublik" saw the winning probability of the "Alexander Zverev" option experience a sharp fluctuation, plummeting from 65.5% an hour ago to the current 19.5% (a fluctuation of 46%). Please note the impact of relevant breaking news.

On October 13, as the stock tokenization sector continues to heat up, Feixiaohao, relying on its background as a publicly listed company in the U.S., is collaborating with exchanges to promote stock tokenization services and build the Feixiaohao DAT ecosystem. From structural design, asset custody, on-chain issuance to trading circulation, Feixiaohao aims to bring traditional stocks into the Web3 world.On the user side, Feixiaohao AI makes analysis as simple as chatting. Users can ask questions in natural language and receive multi-dimensional interpretations of tokenized stocks regarding fundamentals, information, and market sentiment, making it easier to understand and participate in this emerging market.

According to the announcement from HashKey Exchange, the Solana spot ETF under Pandu officially listed on the Hong Kong Stock Exchange on October 13, with the stock code 2831.HK. The fund directly holds SOL, with an annual management fee of 0.6%.HashKey cited the closing data from SoSoValue, stating that, based on assets under management, this fund has become the largest product among the listed and regulated Solana spot ETFs in Asia. HashKey Exchange serves as the digital asset trading platform for this fund, while HashKey Custody Services provides secondary custody services for SOL, supporting the custody, trading, and redemption settlement of the underlying assets.

According to Bloomberg, JPMorgan Chase and Goldman Sachs are leading a $5 billion loan underwriting deal for AI cloud service company Volta Infrastructure Holdings (Volta AI), but are only underwriting $1.3 billion of the term loan to reduce their own risk exposure.It is reported that this $1.3 billion term loan deal will be used to pay for Volta's leasing fees for the data center of Bitcoin mining company Bitdeer. So far, representatives from JPMorgan Chase, Goldman Sachs, and Volta have declined to comment on the matter.

According to Catcher Predict monitoring, the "Shanghai Rolex Masters: Alex De Minaur vs. Karen Khachanov" event on the prediction market Polymarket has seen significant fluctuations in the "Over" option of the sub-market "Shanghai Rolex Masters: Alex De Minaur vs. Karen Khachanov First Set O/U 8.5," dropping from 99.95% an hour ago to the current 51% (a fluctuation of 48.95%). Please note the impact of related breaking news.

Danske Bank analyst Silje Bue stated that the US dollar remains near an 18-month high due to weakened market risk appetite and supportive comments from Federal Reserve officials regarding interest rate hikes.The market is focused on the US inflation data on Wednesday to assess the Federal Reserve's future interest rate decisions. Bue mentioned that even if the CPI data indicates that the Federal Reserve may raise rates once each quarter, the strong pattern of the dollar may be difficult to change.

The Internet of Things public chain IoTeX announced the launch of IOTX supply integration and the IOTX Redemption Portal. Users can exchange the ERC-20 IOTX issued on Ethereum in 2018 at a 1:1 ratio with zero fees for the native IOTX on the IoTeX mainnet. After completing the connection, sending, and signing, the native tokens will be sent to the same address.IoTeX stated that IOTX was issued in 2018 in the form of Ethereum ERC-20. A year later, the IoTeX mainnet went live, and the native IOTX is used to pay for Gas, secure network safety through staking, and complete settlements on IoTeX L1. Since the 2018 contract is still in circulation, IOTX has coexisted in two forms for a long time, and this integration aims to unify the supply.IoTeX also mentioned that the European fintech company Revolut has supported native IOTX, with over 70 million global customers; the licensed exchange in Thailand, Bitkub, has also supported it. Both have joined platforms that already support native IOTX, such as Binance, Upbit, Bithumb, and Kraken.

According to Bitcoin Magazine, Lorenzo Valente, the Director of Digital Asset Research at Ark Invest, stated in a video interview with Bitcoin Magazine that despite Bitcoin's lackluster performance and even decline this year, Ark Invest has not changed its long-term view, still considering Bitcoin over a five-year cycle and believing its development is still in the early stages. He also introduced Ark's Big Ideas report and discussed Bitcoin's role as digital gold and a permissionless currency.Valente pointed out that the rise of stablecoins has changed Ark's judgment on the emerging market Bitcoin narrative. He also talked about the rise of tokenized stocks and real-world assets, as well as the functionalities that tokenized stocks can achieve that traditional brokerage accounts cannot.Additionally, he mentioned the impact of rising interest rates, inflation, and AI on Bitcoin's macro outlook, and explored which tokenized business models will ultimately prevail, as well as the possibility of tokenizing U.S. assets for offshore markets.Regarding the market outlook, Valente provided Ark's perspective on Bitcoin's future over the next 12 to 18 months and discussed the four-year cycle and key points to watch moving forward. Ark's Big Ideas report set a Bitcoin price target for 2030, and the reasons why institutional funds are still on the sidelines were also among the topics he discussed.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Shanghai Rolex Masters: Zizou Bergs vs Carlos Alcaraz," the sub-market "Shanghai Rolex Masters: Zizou Bergs vs Carlos Alcaraz" option "Zizou Bergs" has experienced a dramatic fluctuation in winning probability, soaring from 10.5% an hour ago to the current 55.5% (a fluctuation of 45%). Please note the impact of related breaking news.

CryptoQuant analyst Axel Adler stated that the market absorbed 220,374 BTC last week, while the net flow to exchanges remained negative at -3,863 BTC.He pointed out that despite the high inflow of Bitcoin to exchanges, the net outflow data indicates that buyer demand in the market is still stronger than selling pressure, showing that some funds are absorbing market supply.

The Smarter Web Company announced that it has raised $13.25 million through the UK's first Bitcoin-backed preferred stock IPO, MORE. MORE will begin trading on the main market of the London Stock Exchange this Wednesday, with the first weekly dividend scheduled to be paid on November 9.

According to Polymarket data, the probability of the Federal Reserve raising interest rates by 25 basis points in October has dropped to 17%, while the probability of maintaining the current rate has risen to 84%. The trading volume for the related prediction event has reached 32 million dollars.

Changxin Storage (CXMT), a Chinese memory chip company, announced that it has made key progress on a new storage architecture. Samsung Electronics and SK Hynix are also advancing similar architectures to increase storage density. The company's president, Cao Kanyu, stated at an industry event in Shanghai that Changxin Storage plans to launch new server memory products based on this architecture by the end of 2026, according to a company statement.The architecture is designed as 4F², meaning each memory cell occupies an area of 4F², where F is the minimum line width of the semiconductor. The company claims that this proprietary transistor design can improve storage density and efficiency by accommodating more memory cells on a single chip. Currently, mainstream commercial DRAM uses a 6F² cell structure.

The largest securities exchange in Russia, the Moscow Exchange, is conducting a pilot program for cryptocurrency trading with professional participants, planning to launch regulated cryptocurrency trading services on December 1. Boris Blokhin, Managing Director of the Exchange's Securities Market, stated that the relevant tests began a week ago. Boris Blokhin pointed out that the existing licenses of the Moscow Exchange already cover cryptocurrency trading services, and there is no need to apply for additional permits or licenses.The relevant regulations for the cryptocurrency market in Russia came into effect on September 1, allowing citizens to trade cryptocurrencies on domestic exchanges licensed by the Central Bank of Russia. Investors who do not qualify as accredited investors will face investment limits, and trading will be restricted to Bitcoin, Ethereum, and USDT. Sberbank expects that the scale of cryptocurrency trading in Russia in its first year will reach at least 4 trillion rubles, with only 20% completed through exchanges, while the remaining approximately 80% will still occur through unregulated channels.

Michael Saylor, the founder and executive chairman of Bitcoin Treasury Company Strategy, has once again released information related to the Bitcoin Tracker. He stated that there is always space reserved for the orange dot.According to previous patterns, the orange dot represents Strategy's Bitcoin purchase records, which may imply that the company will increase its BTC holdings. Strategy typically discloses changes in Bitcoin holdings the day after relevant news is released.

Binance founder Zhao Changpeng released a simplified guide for cryptocurrency asset custody, suggesting that users match security measures according to their holding scale and technical capabilities, while focusing on three major issues: preventing asset theft, avoiding accidental loss, and planning for asset inheritance in advance.Regarding self-custody, Zhao Changpeng advised users to take measures such as storing private keys on offline devices, using reliable hardware wallets, verifying transaction addresses, and setting up multiple off-site backups. He also reminded users to avoid saving keys through photos or screenshots to prevent them from syncing to the cloud and causing leaks. In terms of asset inheritance, users should develop a secure recovery plan in advance, avoiding direct sharing of keys or storing recovery information in an unencrypted form. For centralized trading platforms, Zhao Changpeng suggested that users assess the platform's reputation, security capabilities, and business model, and strengthen account protection through measures such as independent email, strong passwords, two-factor authentication, hardware security keys, and withdrawal address whitelists, while also being vigilant against phishing attacks and API credential leaks.Zhao Changpeng further suggested that users should reasonably allocate assets between centralized trading platforms and personal wallets based on their technical capabilities, security management levels, and funding needs. Self-custody means that users need to independently bear the responsibility for private key protection and asset recovery, while custody by trading platforms involves platform credit and counterparty risk. Additionally, maintaining an independent wallet helps to ensure access to assets during maintenance or service interruptions on trading platforms.

According to official website information, the fully on-chain synthetic perpetual trading platform Papertrade deployed on HyperEVM went live for 1 hour, with a cumulative nominal trading volume exceeding 80 billion USD. Data shows that the cumulative trading losses of platform users reached 4.73 million USD.According to official documentation, the issuance model of the Papertrade token PAPER is such that for every 1 USD lost by platform users, the protocol mints a certain amount of PAPER according to a curve. When the LP balance is below 2 million USD, the minting ratio is fixed at 100 PAPER for every 1 USD lost; currently, due to the LP scale exceeding 2 million USD, PAPER emissions have entered a decay mode.Papertrade reads prices from the Hyperliquid order book BBO mid-price, with users directly trading against the protocol LP as the counterparty, rather than through traditional order book matching. The protocol supports high leverage, zero slippage, and no funding rates.