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first_img National Radio and Television Administration: Chinese micro-dramas are becoming the fourth largest audiovisual product globally

The National Radio and Television Administration released the "China-ASEAN Micro Short Drama International Communication Development Report." The report states that micro short dramas, as a new form of online audio-visual content that originated in China, are becoming the fourth largest global audio-visual product form after American films, Japanese animations, and Korean dramas. The cooperation in micro short dramas between China and ASEAN is deepening, becoming an important carrier for China-ASEAN digital economy cooperation and cultural exchanges.The report indicates that the market size of micro short dramas in China continues to grow rapidly. By 2025, a total of 33,000 micro short dramas will be launched nationwide, and from January to September 2026, the number of launched micro short dramas will reach 490,000, which is 13 times that of the entire year of 2025. The user base of micro short dramas has reached 850 million, with monthly active users exceeding 600 million. By 2026, the overseas micro short drama market outside of China will exceed $6 billion, a year-on-year increase of 67% compared to 2025.The report also states that platforms with a Chinese background dominate the global market. From January to September 2026, all of the top 10 micro short drama apps in terms of downloads in overseas markets have a Chinese background, and among the top 10 platforms in terms of in-app purchase revenue, 9 are also of Chinese background.

Robinhood has over 150,000 people opening AI trading accounts, and the CEO envisions retail strategies close to the exchange

The CEO of the stock and cryptocurrency trading platform Robinhood, Vlad Tenev, stated in a recent interview that a significant portion of retail trading is expected to be initiated by AI in the future. The Agent can monitor the market around the clock and handle trades in various assets such as stocks, options, and cryptocurrencies, but most funds may still be held long-term.In May of this year, Robinhood allowed users to trade through third-party AI Agents via MCP, and at the end of September, it announced the direct integration of Agents into the App, with over 150,000 customers having opened dedicated trading accounts at that time. Currently, funds are still restricted through independent accounts; the Agent can view users' other account information but can only place orders within the dedicated account, and funds must be actively transferred by the user. Tenev stated that technically, it is not difficult to directly access the main account, but the company has chosen to gradually loosen permissions.In terms of approval settings, the built-in Agent requires users to approve each transaction by default, but this setting can be manually turned off; external Agents accessed through MCP do not require per-transaction approval by default, and users must enable approval themselves. Tenev also envisions allowing retail investors to deploy trading strategies on servers close to exchanges to reduce order delays, and hopes that ordinary investors can use such infrastructure without needing to understand data centers and network engineering. Robinhood has not yet provided this service and has not announced a timeline for its launch.

first_img Real Vision founder: The weakening of the US dollar may open the green light for cryptocurrency, as funds are flowing back from AI

Raoul Pal, founder of Real Vision, stated in the Cointelegraph podcast Trade Secrets that a weakening dollar could signal a green light for the crypto market, driving the industry's upward momentum.He pointed out that rising bond yields and a strong dollar are restricting the free flow of liquidity, and if the dollar can decline, crypto will receive further upward signals. He also mentioned that he would not be overly optimistic and has not given a comprehensive bullish signal for all assets.Pal believes that when AI trading pauses, funds will rotate into the crypto market. He noted that Bitcoin rose about 25% to $80,000 from August 19 to 25, while AI leader stock Nvidia fell for seven consecutive trading days. His preferred scenario is a weakening dollar, a steepening yield curve, and banks expanding the money supply by increasing lending; if these conditions do not occur, the suboptimal scenario is that AI stocks consolidate, allowing funds to rotate into crypto. He also warned that a burst AI bubble would mean liquidity is withdrawn, which would be detrimental to crypto.Regarding AI agents, Pal believes their economic activities will flow more towards smart contract platforms like Ethereum and Solana, rather than Bitcoin. AI agents can pay for network content using stablecoins, with Amazon Web Services launching related features in June, and Coinbase handling payment verification and settlement through the x402 protocol. On the claim that Solana could surpass Ethereum in market capitalization, Pal takes a cautious stance, stating that Ethereum has a higher capital concentration, while Solana's core activities are speculative and of smaller individual scale.
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