News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →ETH DVOL指数报50.73点
CoinWorld data: The latest reading of the ETH DVOL index is 50.73 points.
Musk says the Terafab factory is expected to produce the best chips.
According to CoinWorld news, Musk said the Terafab factory is expected to produce the best chips. Elon Musk stated that, leveraging expertise in custom equipment manufacturing, he believes his company will most likely "find a better way to manufacture chips than anyone else." Speaking at a customer and investor gathering outside the Tesla Gigafactory in Austin, Texas, Musk said that although he currently has "absolutely no idea how to make microchips, we will figure it out." On Saturday, he participated in the "XTakeover" event via livestream. He mentioned that when visiting competitors' factories, he found that they rarely use custom equipment, which is precisely an area his company excels in, enabling them to improve manufacturing processes. "I think it is accurate to say this is one of the hardest things in the world to do," Musk said. "I don't want to be complacent or take it for granted, but I think we will most likely be able to figure out a better way to manufacture chips than anyone else. Really.
The U.S. Treasury will attempt a risky strategy that could affect the crypto market.
CoinWorld data: BeInCrypto reports that the U.S. Treasury is about to try a risky strategy, expected to cut $3 billion from each 20-year and 30-year bond auction and borrow through short-term bills. Citigroup says the 20-year bond may even be canceled, with the related announcement expected on November 4. The Treasury has not yet confirmed any changes. Currently, short-term bill costs are lower, but maturities are shorter, and the government must refinance more frequently. Long-term borrowing costs are near their highest levels in decades, with the 10-year yield closing at 5.24% on October 9 and the 30-year yield at 5.60%. In addition, national debt exceeded $40 trillion in August, with interest at about $1.1 trillion per year. Crypto traders have already felt the rise in yields, with BTC pulling back when the 10-year yield reached its highest level since 2002, currently trading at $84,030, up 1.2% in 24 hours.
ETH liquidation pressure: watch $2,456.57 to the downside and $2,817.46 to the upside.
CoinWorld data: ETH is currently priced at approximately $2,532.55. If the price drops about 3% to around $2,456.57, some high-leverage longs may face concentrated liquidations; if the price rises about 11.25% to around $2,817.46, some high-leverage shorts may face concentrated liquidations. The liquidation zone below is currently closer to the spot price, meaning that if the price moves downward, long liquidation pressure may appear earlier. Other notable zones: $2,437.57 and $2,171.66 below; $2,823.79 and $2,988.4 above. These levels are estimated based on public market prices and changes in open interest, do not mean the price will necessarily reach them, and are not predictions of price movement. Compared with the same-caliber snapshot 24 hours ago, it is up 0.95%; compared with the same-caliber snapshot 7 days ago, it is down 7.23%.
Oil prices rose in early trading after attacks on Saudi airports and tankers raised supply concerns.
According to news from Bijie, Saudi Arabia's major airports have once again come under attack, and a new tanker attack near the Strait of Hormuz has triggered market concerns about supply risks, pushing oil prices up slightly. WTI crude oil extended its early gains to as much as 1.00%, reaching $91.88 per barrel, while Brent crude rose to $103.7. So far this year, the global benchmark oil price has risen by more than 70%, mainly due to the ongoing U.S.-Iran conflict with no clear sign of resolution. Although major Middle Eastern oil-producing countries have managed to restore crude oil exports through the Strait of Hormuz to near pre-conflict levels, the surge in tanker attacks and intensifying regional tensions could threaten these energy shipments. Traders are also closely monitoring the impact of Hurricane Isaias, which has caused power outages in three U.S. states and killed at least four people. The U.S. Department of Energy said it will approve an emergency exchange of up to 4 million barrels of crude oil from the Strategic Petroleum Reserve to ease supply disruptions caused by the hurricane.
The three major U.S. stock indices closed higher collectively, and the China concept index strengthened.
According to BiJie News, citing Gelonghui, the three major U.S. stock indices closed higher collectively this week, while the China concept index showed strong performance. In addition, South Korean stock market turnover plunged 70% from its peak at the end of May. The U.S. Department of Agriculture unexpectedly raised its corn production forecast, causing corn futures to plummet 6% during intraday trading, the largest drop in three years. An attack on Riyadh airport in Saudi Arabia killed 12 people and injured 309. Trump said he reached an agreement with Putin, under which Russia will supply large amounts of diesel to the United States and global markets.
Brian Armstrong: Fine-tuned open-source model Qwen3.5-9B outperforms frontier models in fraud detection.
According to news from Bijie, Coinbase CEO Brian Armstrong said that Coinbase used internal data to fine-tune the open-source model Qwen3.5-9B, achieving better performance than frontier models in anti-fraud tasks, with lower cost and faster speed. The model's F1 score is 9.60% higher than that of frontier models, and end-to-end latency is reduced by 55.00%. Armstrong believes that specialized models will win in niche tasks. Coinbase is making it easy for employees to fine-tune models internally, and some backend services will be replaced by this new architecture in the future.
Hackers stole more than $268 million in cryptocurrency by tampering with ledger devices.
According to Cointelegraph, hackers stole more than $2.68 billion in cryptocurrency in the period ending in September, while October has already added more than $98 million in losses, including an estimated over $86 million from tampered ledger device thefts and $12.5 million from an attack on the 79th vault.
Nasdaq futures edge higher, crude oil rises slightly
Nasdaq futures rise, crude oil edges up. In early trading on Monday, U.S. stock index futures edged higher, while crude oil contracts rose modestly. The Philadelphia Semiconductor Index closed lower at the end of last week, and Asian chip-related assets may weaken.
Reuters reported on the 10th that the U.S. Department of Energy has authorized an emergency release of 4 million barrels of crude oil from the Strategic Petroleum Reserve.
According to a Reuters report on the 10th, the U.S. Department of Energy has authorized an emergency release of 4 million barrels of crude oil from the Strategic Petroleum Reserve to address supply disruptions caused by Hurricane Isaias. Since the U.S.-Iran conflict roiled energy markets, the United States has tapped its Strategic Petroleum Reserve, with reserve inventories now falling to their lowest level since 1982.