Point of View: The Federal Reserve Has Over-Eased, with a 65% Chance of Stagflation in the United States

According to monitoring by Onchain Lens, an address starting with 0x60c, after being inactive for 44 days, used 160,000 USDG to purchase 1.55 million CASHCAT tokens.

According to an official announcement, Binance’s Spot and Convert trading platform will launch bStocks tokenized securities trading pairs at 20:00 GMT+8 today. The listed assets include Applovin Corp (APPB), Bending Spoons (BSPB), GE Vernova Inc (GEVB), GraniteShares 2x Short SK Hynix Daily ETF (SKDDB), and GraniteShares 2x Long SK Hynix Daily ETF (SKUUB), with corresponding trading pairs against USDT being APPB/USDT, BSPB/USDT, GEVB/USDT, SKDDB/USDT, and SKUUB/USDT. Spot algorithmic trading bots and smart position management services will also be activated simultaneously.

Robinhood has released its third-quarter financial report. The company’s revenue hit a record high but came in slightly below market expectations, while diluted earnings per share (EPS) also missed estimates. Following the report release, a large whale continued to add short positions on HOOD, net selling roughly $2.392 million and increasing its short position to 40,927.344 units. As of press time, the account’s short position is valued at approximately $3.5781 million, with an average entry price of $89.35, generating an unrealized profit of around $78,000. During the same period, HOOD perpetual contracts on Hyperliquid fell from about $95.71 before the earnings announcement to $87.42, a decline of roughly 8.66%. The financial results also reveal a divergence in Robinhood’s business structure: Predictions market revenue rose to $173 million, surging over sixfold year-over-year; crypto trading revenue rebounded 20% quarter-over-quarter to $120 million, though it still dropped 55% compared to the same period last year.

Bitget has launched two popular Taiwanese stock perpetual contracts: HONHAI (Foxconn) and MEDIATEK (MediaTek). The contracts are settled in USDT, support up to 20x leverage, and enable 24/7 trading. As of now, Bitget offers a total of 384 stock contract products.

According to monitoring by Onchain Lens, a crypto whale purchased approximately $42.3 million worth of cryptocurrencies from BitGo in the past hour, including 14,600 ETH (valued at around $34.24 million), 415,690 LINK (roughly $4.81 million), 16,570 AAVE (about $2.23 million), and 144,840 UNI (approximately $1.02 million).

Privacy public chain Iron Fish has announced it is investigating the abnormal minting of wIRON on Base, and has requested cross-chain bridge service provider ChainPort to conduct an urgent review. The project’s official notice reminds users not to purchase wIRON on Base or use related cross-chain bridges until further notice, as it cannot currently guarantee full 1:1 reserve backing. Iron Fish will continue to update progress once the facts are confirmed.