Bitcoin's "Red October": Why Did the Highly Anticipated "Uptober" Crypto Rally Fail? Bitcoin closed down 8.5% in October, breaking its six-year streak of October gains (the "Uptober"). BNB bucked the trend, rising 4.2%. The market crash in mid-October due to macroeconomic risk events prevented major cryptocurrencies from recovering their early-month highs.

🔔Elon Musk: Traditional Phones and Apps Will Disappear in Five Years; Most Content Consumed by Humans Will Be Generated by AI According to Mars Finance, citing First Financial Daily, Tesla CEO Elon Musk predicted a radical future on a podcast: in the next 5-6 years, traditional phones and apps will disappear, and most content consumed by humans will be generated by AI. Musk believes, "There won't be operating systems, there won't be apps. Your phone will just display pixels and make sounds. It will predict what you most want to see and hear, and then generate it in real time. We will integrate AI into this device as much as possible." "There won't be any more traditional phones. What we call phones will actually be edge nodes for AI inference, equipped with some wireless modules for connectivity." Musk argues that, essentially, server-side AI will communicate with AI on user devices (formerly known as phones) and generate any real-time video the user wants.

From the gray area to the mainstream? The legalization war and future landscape of the sports prediction market Prediction market platforms Kalshi and Polymarket are rapidly expanding in the sports sector, partnering with the NHL, but facing skepticism from leagues such as the NBA and NFL, as well as strong opposition from the betting industry, while also embroiled in regulatory and legal disputes.

Bitcoin Drops 13%, DAT Stock Price Halved: How Long Can the Crypto Treasury Model Last? The crypto market remains sluggish, with BTC prices falling 13.33% from their monthly high, while DAT companies' stock prices have suffered even greater declines. This article analyzes the current situation of leading DAT companies, the relationship between their stock prices and BTC prices, and the viewpoints supporting and opposing DAT.

As Nvidia enters the $5 trillion era, why is Crypto still stuck in a limbo? The article points out that the cryptocurrency industry needs to escape marginalization and become part of the mainstream financial system, achieving long-term development through technological innovation and integration with the real economy.

🔔Bitcoin Breaks 110,000 USDT According to Mars Finance, Bitget data shows that Bitcoin has broken through 110,000 USDT and is currently trading at 110,011.18 USDT, a daily increase of 1.57%.

🔔Ethereum Breaks Through 3900 USDT According to Mars Finance, Ethereum has broken through 3900 USDT and is currently trading at 3900.36 USDT, a daily increase of 2.48%.

🔔Federal Reserve's Hammarck: Stablecoins are an exciting technology, but their use cases still need time to be validated Mars Finance reported on November 1st that Federal Reserve official Hammarck stated that stablecoins are an exciting technology, but their use cases still need time to be validated.

🔔Overnight index swaps show the probability of a Fed rate cut in December has fallen to about 50% Mars Finance reports that on October 31st, overnight index swaps showed the probability of a Fed rate cut in December had fallen to about 50%. (Jinshi)

🔔US cryptocurrency stocks generally rose, with Robinhood up over 5% According to Mars Finance, on October 31, US cryptocurrency stocks generally rose, with Robinhood (HOOD) and IREN Ltd (IREN) up over 5%, Coinbase (COIN) and Strategy (MSTR) up over 4%, and Bitmine Immersion Technologies (BMNR), Circle (CRCL), and Cipher Mining (CIFR) up over 3%.