The Bitcoin market shows signs of fatigue, with a large outflow of funds. Long-term holders have become the market makers for selling, and market confidence is weakening. Recently, the realization of profits amounting to $1.8 billion has set a record for this year, while unrealized losses are also increasing, indicating that market risks are spreading. If Bitcoin falls below $100,000, it will trigger greater panic, and the pullback could expand to $80,000.

The U.S. government shutdown has caused a disruption in official data, and the Federal Reserve (FED) is preparing to further cut interest rates in an information vacuum, leaving both the market and officials in unprecedented uncertainty. (Background: The rise, fall, and escape, the disillusionment history of classical VC in Web3) (Supplementary background: KOLs are all showing income, while I have to show the blood and tears lessons of being a VC for 3 years) Nick Timiraos, who is regarded as the mouthpiece of the Federal Reserve (FED), warned today that the FED's interest rate policy for this year may face changes. Since the federal government shutdown in October 2025, it has also begun to throw financial markets off course. Starting from October 1, budget conflicts forced the government to close, leading to hundreds of thousands of civil servants being furloughed, and official economic statistics have also come to a halt. For the FED, which relies on data to formulate policy, this disruption is not just a procedural obstacle but a direct impact on the interest rate path.

Bitunix announced the establishment of the "Bitunix Care Fund" user protection fund, with an initial investment of 30 million USD, aimed at enhancing user asset security and addressing potential risks. The fund operates transparently, drawing on industry best practices, and will continue to be funded through platform revenue. Bitunix has also completed an 8 million USD user compensation in response to the market Fluctuation on October 11, reflecting its commitment to users.

Senior financial journalist Ye Weijie pointed out that the United States is caught in an unprecedented wave of speculation among the general public, with serious bubbles emerging in areas ranging from sports betting to AI concepts. This article is derived from a piece authored by Wall Street Insight, organized, translated, and written by Foresight News. (Previous summary: Tom Lee: The digital asset financial bubble may have burst, the emergence of DAT companies and NAV falling below 1 is a warning sign) (Background supplement: The Japanese version of MicroStrategy's Metaplanet "mNAV ratio has fallen below 1 for the first time"! Analyst: The digital asset financial bubble has burst) Recently, The Wall Street Journal published an article by senior financial journalist Ye.

Bitcoin plummets while gold reaches new highs, highlighting the shift of risk-averse funds from high-volatility digital assets to traditional precious metals, as the market's risk hedging logic restructures. (Background: Gold breaks through the historical high of $4200! Silver also breaks records, is there an endless surge for risk-averse assets?) (Supplementary context: Bridgewater's Dalio claims that the dollar is declining "Gold is indeed safer": I feel the market is becoming a bubble.) The global risk-hedging market is facing two completely different forces: Bitcoin falls below the $108,000 mark within 24 hours, plunging 3.23%; however, spot gold strongly breaks through $4,300 per ounce, reaching a new historical high, increasing nearly $100 in a single day. The contrast not only reflects the direction of capital flows but also highlights the rewriting of risk hedging logic amid economic turbulence and geopolitical spread. Bitcoin drops below $108,000: Miner selling triggers technical break. Since October 9, about 5.

Fortune magazine pointed out that in the latest episode of its "Crypto Playbook," Tom Lee, the chairman of the Ethereum reserve company leader BitMine, stated that the bubble of Digital Asset Treasury (DAT) may have already burst. (Background: Tom Lee TOKEN2049 speech: The world is facing the first major reform after the gold standard, and Ethereum will be the biggest beneficiary) (Supplemental background: The latest interview with Arthur Hayes and Tom Lee: The future of DAT, stablecoins, and prediction markets) According to a report by Fortune on the evening of October 16, in its latest episode of "Crypto Playbook," Tom Lee, the chairman of the Ethereum reserve company leader BitMine, stated that the bubble of Digital Asset Treasury (DAT) may have already burst.

a16z announced an investment of $50 million into the Solana liquid staking protocol Jito and acquired Jito tokens, setting a record for the largest single financing round for Jito to date. (Background: How to maximize SOL returns? Understanding the principles, opportunities, and risks of Jito's restaking protocol) (Supplementary background: a16z's ten-year advice to Web3 founders: In the new cycle, just focus on three things) Top crypto venture capital firm Andreessen Horowitz (a16z) strikes again! On October 16, Taiwan time, a16z announced an investment of $50 million into the Solana liquid staking protocol Jito and acquired Jito tokens, setting a record for the largest single financing round for Jito to date, also injecting vitality into the Solana ecosystem.

This article will analyze the financing history and valuation logic of MegaETH, which has received backing from Vitalik, and explore whether this Ethereum L2 project, committed to achieving an "instant blockchain," is worth investing in. (Background: Is the Ethereum L2 network MegaETH about to have its TGE? What preparations can be made for the planned ICO on the Sonar platform?) (Background information: Vitalik also invested! The new public chain MegaETH has raised $20 million in financing, aiming for 100,000 TPS and a Mainnet launch by the end of the year.) With its technological breakthroughs in "instant blockchain" and community-built ecological concepts, MegaETH has become a focal project in the crypto market. While the Ethereum ecosystem continues to struggle with performance bottlenecks, MegaETH's technological declaration of "100,000 TPS + millisecond latency" reshapes the imaginative boundaries of the Layer 2 race. From the early investment by Vitalik...

The well-known female KOL in adult creation and the crypto world, HongKongDoll, published a retrospective on the X platform titled "Sister Doll's First and Last Sincere Conversation: A Story About Lies, Truth, and Growth," edited into Traditional Chinese by Dongqu. Below is the full original text. (Previous context: Actress HongKongDoll reveals how she lost 8 million principal down to 3 USD? Partnered with Sora Aoi to promote the inscription token $AVAV ) (Background information: Li Tingting announced "I upgraded to a G cup alone" and asked the community for lingerie recommendations, expanding Web3+AI sizing further) After taking a few days to sort out assets and plans, I looked at the comments section and received a bunch of messages with questions, so I summarized some of my thoughts from the past two years. This article is relatively long, but it contains no wealth codes or motivational quotes, and is rather boring. I rarely share the truth on this account, similar content.

SBF claims that FTX is not insolvent and instead had $15 billion in assets at the time of bankruptcy, while lawyers profited billions from it. He believes his failure lies in leadership rather than theft, and criticizes the mistakes of regulatory agencies and the legal system that caused unnecessary losses. FTX could have been a success story in the financial sector, but it became a feast for professional service firms.