the Shenzhen Component Index fell by more than 2%, the ChiNext Index fell by 2.2%, and the number of stocks in the entire market that fell exceeded 3,900.

 according to 8marketcap data, gold has become the first asset in history to reach a market value of $30 trillion.

according to The Data Nerd monitoring, within 12 hours, Galaxy Digital deposited 9.57 million ASTER tokens (approximately $12.53 million) into Binance again.

 according to the official announcement, Upbit will list ZORA Korean won, BTC, and USDT trading pairs.

 Coinbase published an article on October 16th stating that they are optimistic about the cryptocurrency market in the fourth quarter, but the leverage flash crash on October 11th has made us cautious. Nevertheless, we expect strong liquidity, a good macroeconomic environment, and encouraging regulatory developments to continue to support it. Especially with the support of favorable macroeconomic factors, Bitcoin may be able to exceed market expectations. In terms of policy, we expect the Fed to cut interest rates twice this quarter, which may encourage investors to put some of the $7 trillion currently held in money market funds into the cryptocurrency market.

Google Threat Intelligence Group (GTIG) released an investigation on the 17th, stating that the hacker organization UNC5324 related to North Korea is using a new technology called "Ether Hiding" to conduct cryptocurrency theft and sensitive information collection.

 according to on-chain analyst Ai Yi (@ai_9684xtpa), the address 0x5Fe...4A838 has accumulated a value of 12.02 million US dollars in digital gold over the past three weeks, and has now made a cumulative profit of 1.147 million US dollars.

 according to Cointelegraph, VanEck has submitted an S-1 filing for its Lido staking ETF.

 according to Bloomberg's senior ETF analyst Eric Balchunas, 21Shares is applying for a 2x HYPE exchange-traded fund. Balchunas said that these types of applications may seem very niche, but could reach tens of billions of dollars in size in 3-4 years. He pointed out that we are currently in a complete "land grab" phase.

overnight reverse repurchase agreement (RRP) usage scale of the Federal Reserve on Thursday was $6.96 billion, up from $5.484 billion the previous trading day.

 yield on the 10-year US Treasury bonds fell below the 4% integer psychological barrier for the first time since April.

recent weakness in Bitcoin seems to have dampened market enthusiasm, with Google search interest hitting a multi-month low. The latest market sentiment index reflects typical bear market characteristics, with cautious sentiment dominating the entire crypto market. The crypto fear and greed index has dropped to 24, in the "fear" level, the lowest point in the past year, a significant decrease from last week's 71. This decline is similar to the sentiment when Bitcoin briefly fell below $74,000 in April this year, and also echoes the market fatigue cycles of 2018 and 2022.

according to CCTV News, on October 16th local time, US President Trump posted on his social platform "Real Social" that he had just finished a phone call with Russian President Putin, and the call was very productive. Trump said he is still committed to helping resolve the conflict in Ukraine, and the two sides spent a lot of time discussing trade issues between Russia and the US after the end of the Ukraine conflict. Trump announced that US Secretary of State Pompeo will represent the US at the upcoming meeting with Russia. The meeting location and delegation members are yet to be determined. Trump said he will meet with Putin in Budapest, Hungary after the advisor meeting to discuss whether it is possible to end the conflict between Russia and Ukraine.

On October 17th, it was reported that executives from Mellon Bank in New York stated during a recent financial report discussion on Thursday that the bank has advanced multiple blockchain-related investments to 2025—including investments supporting real-world asset settlement and tokenized payments. The executives attributed this acceleration to a more "positive" regulatory environment and improved market conditions.

 according to crypto analyst Emmett Gallic's monitoring, Coinbase is converting its holdings of MATIC tokens into POL tokens. MATIC tokens have been upgraded to POL tokens in September 2024. In the past 48 hours, Coinbase has converted $160 million worth of MATIC tokens into POL tokens.

Bloomberg News said Ripple Labs is leading a $1 billion financing round to stockpile XRP.

the yen fell to its lowest level since March against the dollar; the latest USD/JPY rose 0.4% to 150.935.

 Musk stated that xAI will release an AI-generated game by the end of 2026.

 market shows that the Meme coin "Binance Life" briefly broke through $0.19, now reported at $0.1425, with a market value exceeding $140 million. The market is fluctuating greatly, please manage risks.

 Standard Chartered Bank estimates that stablecoins may attract $1 trillion in funds from emerging market banks in the next three years.