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10/24
12:58
Amnesty International reports that over 1,400 people have died in Gaza since the ceasefire agreement came into effect, with the enclave continuing to face a worsening humanitarian crisis. The organization stated on X that nearly 2 million people still need shelter, no hospital in Gaza is fully operational, and 1.4 million people face crisis levels of hunger. Amnesty International emphasized that accountability cannot be obscured, and Gaza's recovery must be based on international law, justice, and victims' rights. The organization also accused the international community of failing to hold Israel accountable and to pressure Israel to comply with the binding orders issued by the International Court of Justice, warning that the continued lack of accountability is fueling further atrocities against Palestinians.
12:57
Weekly nominal trading volume for crypto-related contracts on Kalshi and Polymarket reached a record $2.7 billion last week, Bloomberg reported, citing Dune Analytics data. This surge was primarily driven by short-term price bets on Bitcoin and other cryptocurrencies, with crypto now ranking second only to sports on both platforms. As spot trading volumes decline, crypto exchanges are actively expanding their prediction market businesses, such as Coinbase's product, which is powered by Kalshi. However, legal challenges to sports contracts in some U.S. states could impact crypto exchanges' willingness to further expand into prediction markets.
12:47
Franklin Templeton added $150 million worth of shares in its tokenized money market fund to the XRP Ledger on Friday, with all new shares going to a single wallet. This brings the fund's total token balance on the network to nearly $200 million, held entirely within that one wallet. The wallet and Franklin's issuing account share identical authorized signers, requiring any two to jointly approve a transaction. These transactions nearly quadrupled the number of sgBENJI shares on the XRP Ledger, which represent shares of the Singapore-domiciled Franklin OnChain U.S. Dollar Short-Term Money Market Fund. The fund invests in short-term dollar debt and money-market instruments.
12:33
UK Foreign Secretary Ed Miliband stated that the UK is "doubling down" on diplomatic efforts to end the Iran war. He noted that the conflict is driving up energy and food prices in the UK, exacerbating inflation, with the cost of living crisis being the top issue facing the British public. Miliband said his duty is to do everything possible to end this conflict, which has "gone on too long and caused too much damage," and that the UK "cannot afford any more." To this end, he is meeting with foreign ministers from European and Middle Eastern countries in Istanbul, hoping to end the conflict "once and for all" and bring relief to British families.
12:32
According to the Financial Times, Gadi Eisenkot, 66, a former Israeli military chief and leader of the centrist Yashar party, is in a close race with Israeli Prime Minister Benjamin Netanyahu, seeking to unseat him.
12:29
Shalev Hulio, former head of Pegasus spyware developer NSO Group, is seeking a transformation, urging governments to trust his technology and abandon US AI, positioning himself as an advocate for sovereign AI and national security.
12:26
India's market regulator has ordered options trader Avadhut Sathe and his trading academy to refund 5.46 billion rupees (approximately $57.5 million) to course participants. They were found to have offered unregistered investment advice and research services under the guise of stock market education.
12:19
U.Today analysis suggests that it could take two years for XRP to return to a price of $2, primarily because the Bollinger Bands indicate it has entered an extreme compression phase. Currently priced at $1.3110, it faces dense resistance between $1.37 and $1.40. Additionally, 200 million to 300 million XRP tokens are steadily released monthly through over-the-counter (OTC) transactions to institutional partners. Against the backdrop of the Federal Reserve's tightening interest rates, this continuous supply inflow weakens the momentum for a rapid rise in the retail market. The analysis believes the market needs a prolonged consolidation period to absorb the current supply, with a true breakout not expected until 2028.
12:01
The U.S. Department of Defense has designated Confucius Institutes, Chinese-funded cultural centers on university campuses, as a threat to U.S. national security. Defense Secretary Pete Hegseth announced the move on Friday, stating that these organizations had operated in disguise after congressional restrictions, using different names and charters but with the same mission to steal intellectual property and infiltrate American students' minds. Hegseth added that the Pentagon has systematically dismantled 80 such “propaganda cells” across 30 universities over the past two months.
11:51
Nomura Securities cross-asset strategist Charlie McElligott noted in a report that the AI investment narrative is facing an inherent contradiction, as hyperscale cloud providers are caught in a dilemma regarding capital expenditures: if they accelerate, free cash flow will be pressured; if they decelerate, demand prospects become questionable. Over the past week, negative sentiment emerged in the AI ecosystem, leading to large-scale forced liquidations that spread to the U.S. Treasury, foreign exchange, and commodity markets, triggering systemic deleveraging across asset classes. Specifically, CTA trend strategies have unwound approximately $68 billion in U.S. Treasury futures shorts and $38 billion in short-term interest rate futures shorts over the past two weeks. Despite this, there are contrarian positioning signals in the options market, such as large call option buying activity in companies like CoreWeave, Nebius Group, and Micron, indicating that some capital still maintains bets on a medium-term rebound in the AI sector.
11:49
An institution moved 156,690 AAVE ($22.86M) and 19.74M WLD ($10.04M) to exchanges after over a year of inactivity, Lookonchain reports. So far, it has deposited 62,000 AAVE ($9.12M) and 19M WLD ($9.67M) into exchanges.
11:44
The US has ordered the departure of diplomatic personnel and adjusted staffing at embassies across the Middle East as a result of Iranian efforts to target Americans, as well as threats from Houthi militants in Yemen, according to an American official. The State Department had previously said the US was ordering some diplomatic staff to depart only from Saudi Arabia as a result of the growing risk from the Houthis, but had called reports of broader US evacuations across the Middle East “inaccurate.”
11:33
Iranian Supreme Leader's advisor, Mohammad Mokhber, stated that war threats against Iran from US President Donald Trump and Israeli Prime Minister Netanyahu are more out of "desperation" than strength, and Iran can sense their "weakness." This statement was reported by Iran's state broadcaster IRIB and cited by Al Jazeera.
11:31
NVIDIA's role as a global financier of AI infrastructure is facing its first major stress test as credit markets tighten for its key partners. NVIDIA not only provides advanced technology but also helps clients secure loans through investments and guarantees. As of July, NVIDIA had $36 billion in off-balance-sheet AI cloud agreements (guarantees) and provided up to $105 billion in chip, land, and power guarantees for OpenAI's Ohio data center project. This month, "new cloud" companies in NVIDIA's portfolio, CoreWeave, Nebius, and IREN, have seen their stock prices fall by at least 30%, with CoreWeave's credit default swap spreads soaring above 11%. NVIDIA's stock price has fallen 7.6% this month, potentially marking its worst monthly performance since November last year. Despite this, NVIDIA CEO Jensen Huang reiterated confidence in the market this Thursday, stating that demand for "new clouds" is "insanely high" but lacks operating capital to drive growth. As of Q2, NVIDIA's investment portfolio was valued at $99 billion, and in August, it announced a partnership with six asset management firms to promote a $500 billion financing plan, treating computing infrastructure as an investable asset class.
11:30
Wu Blockchain reported, citing Unchained, that Ethereum staking protocol Swell has paused deposits and withdrawals for its liquid staking tokens swETH and rswETH to correct their Net Asset Value (NAV) and exchange rates. Data shows that the reported exchange rates for swETH and rswETH contracts were approximately 1.203 ETH and 1.138 ETH, respectively, which is about 6% and 5% higher than normal. On-chain analyst Spreek suspects that the related token management keys might have been compromised and discovered a malicious upgrade contract that could affect approximately 2,500 ETH, though the upgrade has not yet been executed. Swell stated that no ETH has been transferred from the affected contracts, and the exact cause is still under investigation.
11:18
Retail investors who bought the dip in the U.S. semiconductor leveraged ETF (SOXL) suffered heavy losses. The ETF attracted a record $6.1 billion in inflows last week, but fell another 10.8% this week, with a cumulative decline of over 43% since October.

The ETF aims to provide amplified returns by tracking 300% of the daily movements of the semiconductor index, making it one of the highest-risk leveraged instruments on the market. Last week, investors attempted to buy the dip in continuously falling chip stocks, injecting a record $6.1 billion into SOXL in a single week. However, the decline in chip stocks intensified this week, with SOXL plummeting 20.5% on Thursday alone, marking its largest single-day drop since June 23. Market doubts about the return on investment in AI infrastructure are the core reason for the pressure on the semiconductor sector.
11:16
US Congressman Eugene Vindman accused former President Donald Trump and Defense Secretary Pete Hegseth of initiating the war on Iran without a clear exit strategy, despite being fully aware of the potential repercussions. Vindman stated on X that Secretary Hegseth had personally informed him the Department of Defense had prepared for all possible outcomes. He added that eight months into the conflict, US troops continue to bear the cost of a war started without a plan to finish it.
11:14
An intelligence memo warns Iran is plotting to kill Americans in the Middle East.
11:02
South Korean crypto exchange Upbit announced a series of trading and deposit events to celebrate the listing of Bubblemaps (BMT) token on its KRW market. The events include completing trading missions to win BMT token vouchers (up to 30,000 BMT), as well as TOP ranking competitions based on BMT/KRW trading volume and BMT net deposits, with a total prize pool of 6 million BMT. The events will run from October 24, 11:35 KST to October 26, 11:59:59 KST.
10:49
Tlaib posted on X that Israel "committed more war crimes with US weapons and tax dollars," calling it "the unbearable daily reality for Palestinians, and it's only getting worse." She called for "stopping the bombs, dismantling the wall, and liberating Palestine." This followed Israeli Prime Minister Netanyahu's decision to impose a full blockade on the occupied West Bank.
10:46
Anthropic, the developer of the Claude chatbot, plans to complete its IPO by mid-November, targeting a valuation as high as $2 trillion. However, the U.S. Securities and Exchange Commission (SEC) requires companies to publicly file their prospectus at least 15 days before commencing their roadshow, meaning its listing window is rapidly narrowing. Meanwhile, the AI sector has recently experienced a significant sell-off, with CoreWeave's stock plummeting approximately 30% in two weeks and Micron falling 17% over the past month, as market concerns about the sustainability of AI spending continue to escalate. Despite this, analysts point out that Anthropic itself has an urgent need for capital, with potential spending on AI hashrate reaching $750 billion over the next few years and a net loss exceeding $80 billion in the first half of 2026, which may push it to stick to its original plan. Prediction markets indicate an approximately 80% probability of Anthropic going public this year.
10:38
Senior creditors to JetBlue are working with financial adviser PJT Partners and law firm Akin, amid a decline in the airline's shares and bonds.
10:29
Kraken Scraps Monero Withdrawal Questionnaires, Keeps XMR Listed. Source-of-funds checks remain, but co-CEO Arjun Sethi says asking what clients will do with withdrawn coins is unacceptable.

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