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According to Reuters, earlier this month, the U.S. Department of Justice announced a deferred prosecution agreement with "Bitcoin Jesus" Roger Ver, under which his fraud and tax evasion charges will be dismissed in exchange for a payment of up to $49.9 million in fines.Roger Ver, one of the earliest Bitcoin evangelists, bought a large amount of Bitcoin in 2011 for less than $3 million. In February 2014, to avoid high tax burdens, he acquired citizenship in the Caribbean nation of Saint Kitts and Nevis and renounced his U.S. citizenship the following month. At that time, he and his companies held at least 131,000 Bitcoins, valued at over $70 million based on the price at that time. He believed that by changing his nationality, he could put an end to the high tax burden in the U.S.However, the U.S.'s stringent "exit tax" completely thwarted his plans. According to U.S. tax law, eligible expatriates must treat their global assets as if they were "sold the day before expatriation" and pay capital gains tax. Although Ver reported and paid $1.03 million in taxes, he not only failed to report his personal holdings of Bitcoin but also severely undervalued his company's assets. Ten years later, the IRS confirmed his fraudulent tax evasion (which is not subject to the statute of limitations), ultimately forcing him to pay back up to $49.9 million in taxes, fines, and interest, which is 48 times the amount he reported paying in taxes that year.

According to the market information platform Liquid247.xyz, OKX perpetual BTC has approximately 102.76 sell orders placed at $81,675, with a nominal value of about $8.39 million, which is about 0.02% above the mid-price of approximately $81,656 at that time.The total buy orders at the near end of the market amount to approximately $14.44 million, while sell orders are about $29.49 million, resulting in a net sell order surplus of approximately $15.06 million, accounting for 34.28% of the total depth.

According to CoinDesk, during the market closure on Saturday, leveraged bets linked to chip stocks and semiconductor funds were liquidated for nearly $52 million within 10 minutes. According to CoinGlass data, approximately $51.6 million in chip stocks and semiconductor fund-related positions were forcibly closed between 21:22 and 21:32 UTC, of which about $38 million came from bullish bets on rising prices. The sell-off began at Binance and quickly spread to Hyperliquid within seconds.The SOXL contract, which is three times long on chip stocks, suffered the largest loss, approximately $12.7 million; contracts for SanDisk and SK Hynix each lost about $10.8 million. According to David Jeong, CEO of trading firm Tread.fi, he placed the first large sell orders for SanDisk and Micron on Binance at 21:21:59 UTC, and less than a second later, the orders impacted Hyperliquid—this platform, launched by Trade XYZ, tracks contracts for stocks, with about 10 addresses establishing short positions on 6 chip-related contracts within 1.8 seconds. In the first minute, Binance processed approximately $21.9 million in SanDisk trades, while Trade XYZ accounted for $3.1 million.Storage chip stocks had already experienced a tumultuous week due to new competition from Chinese chip manufacturer CXMT. With the stock market closed, these contracts had no real stock prices for reference, and traders could only compete against each other; the rules of Trade XYZ allow the platform to set reference prices independently before external stock quotes resume, with relevant quotes returning when U.S. stocks open on Monday.

According to the market information platform Liquid247.xyz, Coinbase's spot BTC has about 61.22 sell orders at the price of $81,887, with a nominal value of about $5.01 million, which is an increase of about 0.39% from the mid-price of approximately $81,566 at that time.The total buy orders at the near end are about $18.11 million, while the sell orders are about $25.34 million, resulting in a net sell order surplus of about $7.24 million, accounting for 16.66% of the total depth.

According to Gate market data, GT/USDT is currently priced at $10, with a 24-hour decline of 2.91%.

According to the token unlock data from the crypto asset data platform RootData, SoSoValue (SOSO) will unlock approximately 25.96 million tokens at 10:00 AM Beijing time on October 24, with a value of about 7.82 million US dollars.

The financing risks of AI infrastructure and the impact of rising oil prices are hitting Wall Street. The Nasdaq 100 index fell 5.5% over the week, marking the largest weekly decline since the tariff turmoil in April 2025. The Philadelphia Semiconductor Index has fallen for eight consecutive trading days, the longest losing streak since 2008, with a decline of about 16% during this period.Some bond yields of CoreWeave briefly surpassed 15%, raising concerns in the market about its AI infrastructure financing costs, capital expenditure returns, and debt repayment ability. The company's stock price fell 12% on Friday, down more than 50% from its high earlier this year. Cathie Wood's ARK Investment Management increased its holdings in CoreWeave and Cerebras Systems.Brent crude oil rose to about $110 per barrel, while WTI crude oil increased by 3.8% on Friday, closing at $101.71. Rising oil prices are pushing up inflation expectations, with the yield on 10-year U.S. Treasury bonds rising to 5.097%, diminishing the appeal of government bonds as a safe haven during stock market declines. Market attention on AI trading has shifted from computing power demand to financing costs and profit returns, and the earnings reports of tech giants will test whether AI revenues can support sustained high capital expenditures.

According to the market intelligence platform Liquid247.xyz, Binance's perpetual ETH has approximately 2,167.27 buy orders at the price level of $2,410.00, with a nominal value of about $5.2231 million, which is a pullback of about 0.38% from the mid-price of approximately $2,419.15 at that time.The total near-end market buy orders amount to about $70.7425 million, while sell orders are about $56.0999 million, resulting in a net buy of approximately $14.6426 million, accounting for 11.54% of the total depth.

According to the market intelligence platform Liquid247.xyz, Coinbase's spot BTC has approximately 61.84 sell orders at the price level of $81,869, with a nominal value of about $5.06 million, which is an increase of about 0.47% from the mid-price of approximately $81,483 at that time. The total buy orders on the near-end market amount to approximately $26.26 million, while the sell orders are about $24.59 million.Coinbase's spot buy orders net a surplus of approximately $1.67 million, accounting for 3.29% of the total depth. This sell order is the most prominent selling pressure at the near-end.

According to documents submitted by the Federal Election Commission (FEC) on October 15, the political action committee Fairshake, primarily funded by Coinbase and Ripple Labs, has invested $46.6 million through its affiliated organization Defend American Jobs in the Ohio Senate election for media advertising opposing former Congressman Sherrod Brown's return to the Senate and supporting Republican incumbent Jon Husted. This expenditure is over 50% more than Fairshake's initial plan of $30 million announced in September.In an interview aired on Pod Save America on October 16, Brown responded that he has spent his entire career battling Wall Street, big pharmaceutical companies, and oil giants, achieving success in many cases, while Husted is a spokesperson for these forces, which is why they have invested tens of millions of dollars. In addition to Fairshake, the super PAC Digital Freedom Fund, established by Gemini co-founders Tyler and Cameron Winklevoss, reported approximately $3 million in advertising expenditures this week to oppose Brown and support Husted, bringing the total media spending in the Ohio campaign to over $5.9 million. With less than three weeks until the U.S. elections, early voting in Ohio has been underway for 10 days.Fairshake's spending this round has exceeded $41 million for 2024, when the PAC supported Republican Bernie Moreno and opposed the incumbent Brown. Brown, who previously served as chairman of the Senate Banking Committee, is one of the lawmakers in Congress openly questioning the laws and policies supported by the cryptocurrency industry. Defend American Jobs also reported spending over $6.7 million in the Nebraska Senate election opposing independent candidate Dan Osborn, whose opponent, Republican Pete Ricketts, voted in favor of the Digital Asset Market Structure Act and legislation related to stablecoins. Fairshake stated in January of this year that it held $193 million in cash before the election.

The speech by Federal Reserve Chairman Waller failed to boost the dollar, with the Bloomberg Dollar Spot Index dropping 0.4% on Friday, set to record its worst weekly performance since September 4. The dollar weakened against most major currencies, with the euro rising. Waller did not comment on monetary policy at the International Monetary Fund annual meeting, and investors reduced their bets on a rate hike by the Federal Reserve this month.

According to a report by Reuters, the Russian government press office announced that Finance Minister Anton Siluanov, Energy Minister Sergei Tsivilev, and First Deputy Prime Minister Denis Manturov have joined the board of directors of the Russian payment company A7. In the context of Western sanctions affecting traditional banking channels, A7's role in maintaining trade relations between Russia and partners such as China is expanding.A7 was established in 2024 by the Russian bank PSB, which primarily serves the defense sector, to provide cross-border transaction settlement services for Russian enterprises. Due to Western sanctions, traditional banks have difficulty processing many payments related to Russia, especially trade payments with Russia's largest trading partner, China. A7 estimates that currently, up to 80% of Russia's foreign trade payments are completed through alternative channels.A7 has been subjected to multiple Western sanctions. The U.S. Treasury imposed sanctions on it on October 1, stating that it has established a global network of affiliated companies that "disguises payments related to sanctioned industries and individuals as ordinary business activities." A7 uses the ruble stablecoin A7A5 for settlements. This token was launched in 2025 in Kyrgyzstan and is backed by ruble deposits held at PSB Bank. According to PSB's estimates, the cumulative transaction volume of A7A5 has reached approximately $14 billion.

According to the CoinShares market report, the U.S. September CPI rose by 0.6% month-on-month and 3.7% year-on-year, exceeding the market expectation of 3.6%. Gasoline prices increased by 9.1% for the month, accounting for about half of the overall increase. The core CPI rose by 0.3% month-on-month and 2.6% year-on-year. During the same period, U.S. September retail sales grew by 0.8% month-on-month, higher than the expected approximately 0.3%, with August data revised up to 1.3%. However, retail sales excluding gasoline only grew by 0.2%, lower than August's 1%.The report pointed out that inflation remains high, and economic demand also remains resilient, leading the market to reprice the Federal Reserve's policy in a hawkish manner, causing Bitcoin and the overall digital asset market to decline. Data shows that since the CPI was released, market sentiment has significantly weakened, with global digital asset investment products seeing an outflow of $434 million so far this week. Regarding interest rate expectations, as of October 15, Polymarket data shows that the probability of the Federal Reserve maintaining interest rates at the October meeting is about 75%, while the probability of a 25 basis point rate hike is about 25%. After the CPI release, the futures market clearly shifted to a hawkish stance, with expectations for another rate hike within the year rising significantly.

According to the market information platform Liquid247.xyz, the Hyperliquid address 0x2fd1cb...603e took a long position on BTC with 288.649 coins, with a nominal value of 23.6715 million USD.At the time of publication, BTC was reported at 82,008 USD.

Bank of America cited EPFR data stating that in the week ending Wednesday, net inflows into equity funds reached $64.5 billion, with inflows into U.S. equity funds amounting to $39.1 billion and inflows into technology stock funds totaling $10 billion.

The Hong Kong police announced that over the past two weeks, they have received more than 150 cases of WhatsApp account hijacking scams, with total losses exceeding 15 million Hong Kong dollars. Recently, an employee of a local company engaged in virtual currency exchange encountered account hijacking. The scammers blocked the original work group and blacklisted members, copied the group image, name, members, and profile pictures to create a fake group, impersonating a customer representative to request exchanges.The victim, as per usual practice, first transferred cryptocurrency to the designated wallet of the other party. It was only after discovering that the customer account balance was insufficient and calling to verify that they realized they had been scammed, resulting in a loss of over 4 million Hong Kong dollars for the company. The police remind that WhatsApp groups can be forged, but the member phone numbers cannot be exactly the same as those in the real group, and the timestamps of conversations cannot be replicated. They also suggest enabling two-factor authentication and verifying the other party by phone before making remittances, avoiding logging into accounts on public WiFi or public computers.

According to the market information platform Liquid247.xyz, the Hyperliquid address 0x3ff54f...f705 currently holds a BTC short position of 525.806 coins, with a nominal value of 43.1037 million USD.At the time of publication, BTC is quoted at 81,976 USD.

According to token unlocking data from the crypto asset data platform RootData, Zora (ZORA) will unlock approximately 16.667 million tokens at 21:00 Beijing time on October 23, worth about 1.12 million US dollars.

According to token unlocking data from the crypto asset data platform RootData, Meteora (MET) will unlock approximately 4.72 million tokens at 12:00 PM Beijing time on October 23, worth about 1.78 million USD.