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More →SWI Group completes €800 million financing to transform its Bitcoin mining farms into AI computing infrastructure.
According to Bijie Network, SWI Group has completed 800 million euros in financing. The funds will be used to expand its AI infrastructure business and to convert some of its Bitcoin mining facilities suitable for high-performance computing for AI workload deployment.
Xie Jiajin: Users are becoming increasingly professional, and reverse-defining products creates a virtuous cycle.
Bitget Greater China head Xie Jiayin shared his thoughts on attending the Token2049 conference in Singapore, according to BiJie Wang. He pointed out that users are becoming increasingly professional and are starting to reverse-define products, raising demands for options, strategy marketplaces, and other features that amplify capital efficiency. For institutions, the improvement in capital efficiency brought by tokenization is a core need. He also mentioned that the bubble is being cleared, and projects are beginning to de-tokenize, no longer relying solely on token issuance for marketing, but instead creating real value through payments, asset management, and brokerage services. In addition, the industry has ushered in a clear regulatory framework, which will inevitably be accompanied by short-term pain, but in the long run, compliance and institutionalization will drive the industry to settle into mature financial infrastructure.
Bitcoin ETFs saw net outflows of nearly $679 million last week.
Coinpaper reports: Between October 5 and 9, Bitcoin ETF investors withdrew nearly $679 million, causing U.S. spot Bitcoin ETFs to experience a difficult week. According to ETF flow data, these funds recorded approximately $678.9 million in net outflows over five trading days, with selling concentrated most heavily on Wednesday and Thursday. Although funds attracted $118.8 million in new capital on Tuesday, Wednesday saw $484.9 million in net withdrawals, making it the worst trading day of the week. Although Bitcoin ETFs returned to positive inflows on Friday with $21.1 million in net inflows, they were still unable to offset the earlier losses.
Goldman Sachs: Strong earnings expected to drive further gains in global stocks
Goldman Sachs strategists have turned bullish on the short-term outlook for global equities, arguing that strong corporate earnings will drive stocks already near record highs even higher. A team led by Christian Mueller-Glissmann noted in a report that rising oil prices and bond yields have stalled the stock market rally, easing valuation pressures, while the corporate earnings outlook remains solid. They upgraded equities to overweight from neutral on a three-month horizon, in line with their bullish 12-month stance. Christian said: "Earnings growth continues to support the stock market, and the recent valuation pullback has improved the risk-reward setup heading into the third-quarter earnings season." Strategists at Wall Street firms including Bank of America and Barclays have also recently grown more optimistic about the U.S. stock market outlook, partly due to strong corporate earnings expectations. Bank of America strategist Subramanian has raised her year-end target for the S&P 500 to 7,400 points, and Barclays also raised its target due to resilient corporate earnings.
OKX宣布上线16个代币，包括XLUNR、XOSCR、XPENG
CoinWorld news: OKX has announced that it will add 16 tokens, including XLUNR (xlunr), XOSCR (xoscr), and XPENG (xpeng), to multiple services, including spot trading, with an official launch expected at 15:00 (UTC+8) on October 13, 2026. Notes include: tokenized stocks do not represent actual shareholding, carry no voting rights, and are not offered to U.S. persons; the assets are highly speculative, prices fluctuate sharply, and there is a risk of losing the entire investment; trading will enable an index-based price limit mechanism, and parameters may be adjusted dynamically, so please be aware of trading risks.
Standard Chartered provides custody services for RLUSD on the XRP Ledger in Dubai.
Standard Chartered has launched RLUSD on the XRP Ledger in Dubai, enabling institutional clients to use RLUSD as collateral on the LMAX Group trading platform.
OKX star employee criticizes CZ's statement on Binance's $800 million compensation.
According to Cointelegraph, OKX's star employee Xu criticized CZ's statement about Binance's $800 million compensation, saying that the October 10 crash caused the entire crypto market to lose tens of billions of dollars.
Micron Technology falls more than 2% in US premarket trading.
Micron Technology fell more than 2% in pre-market trading in the U.S. Micron Technology fell more than 2% in pre-market trading in the U.S., now at $1,008.07.
Shangluo Electronics: The company has not currently perceived significant month-on-month changes in order demand in the AI computing power and automotive electronics sectors in the third quarter.
According to Bijie News, Shangluo Electronics: The company has not currently perceived any significant quarter-on-quarter change in order demand in the AI computing power and automotive electronics sectors in the third quarter. An investor asked Shangluo Electronics: Looking ahead to the third quarter, what is the quarter-on-quarter trend in order demand for AI computing power and automotive electronics compared with the first half of the year? On October 12, the company responded that in the third quarter it has not currently perceived any significant quarter-on-quarter change in order demand in the above-mentioned sectors, and specific operating data should be subject to the company's periodic reports.
Justin Sun: Personal assets had fully shifted to crypto as early as 2012.
According to news from Bijie, Justin Sun said in an interview with Alan Shao that his personal assets had already fully shifted to crypto around 2012. He emphasized that this choice was not made purely out of consideration for investment returns, but was based on the judgment that digital assets represent the future development trend. He compared the transformation of asset allocation to upgrading a mobile phone operating system, arguing that real estate, cars, and other such assets belong to the old era, while digital assets such as Bitcoin and TRON can better adapt to the development needs of the machine and digital economy. He believes that in the face of technological change, one should complete the transformation as early as possible, rather than making decisions solely from the perspective of short-term investment returns.