Analysis: Bitcoin’s futures and spot demand are rising in tandem. Despite being overbought, trading against the trend is not advisable, and the strongest bullish momentum phase is approaching.

According to Caixin, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced that IMF Deputy Managing Director Li Bo will step down upon the expiration of his term on November 30, 2026, and proposed that Liao Min, Vice Minister of China’s Ministry of Finance, take over the post, with the appointment effective December 1, 2026. Over the past five years, Li Bo led the launch of the IMF’s first enterprise risk management policy and roadmap, and promoted the modernization of its data governance framework. Additionally, he has guided the IMF’s work in areas such as digital currencies and cross-border payments, played a pioneering role in stablecoin regulation, and in recent years has led the fund’s initiatives in the field of artificial intelligence (AI).

JPMorgan Chase cuts Intel (INTC.O) price target from $85 to $80.

According to TradingBeats monitoring, BNB on Hyperliquid is currently priced at $715.8, having rebounded roughly 6.8% from its early-morning low of $670.1, though it remains down around 5.2% over 24 hours. During the sharp decline, multiple large accounts concentrated their positions. As of today, seven long positions total approximately $12.0755 million, with a weighted average price of $700.08, generating an unrealized profit of about $258,300; three short positions total roughly $3.2463 million, with a weighted average cost of $708.15, incurring an unrealized loss of around $32,500. The long position value is approximately 3.72 times that of short positions, accounting for 78.8% of these accounts’ bilateral positions. The largest new long position is about $2.498 million, at an average price of $686.05, with an unrealized profit of roughly $102,600 and a floating return of around 42.8%. Additionally, three large accounts flipped from short to long, currently holding a total of approximately $5.12 million in BNB long positions. The market’s overall open interest (OI) has risen roughly 58.2% compared to 24 hours ago, but has dropped around 31.3% from this morning’s peak, with trading volume over the same period at approximately $313 million. The current funding rate is roughly -0.00477% per hour, with shorts paying longs.

According to monitoring by ai_9684xtpa, whale address 58bro.eth (0x58bro) sold 8,000 ETH in the past hour. After redeeming ETH worth over $17.96 million from Aave, the trader transferred the funds to OKX in batches, and has since withdrawn 10.5 million USDT from the exchange to repay loans. Currently, the address still holds 4,911.05 WETH as collateral on Aave, has borrowed 2.51 million USDT, and has a health factor of 3.69.

According to Bitget market data, the Nikkei 225 index closed down 1369.36 points on Friday, October 30, a 2.12% decline, to 63290.11 points, dragged lower by tech stocks. South Korea’s KOSPI index closed down 209.62 points on the same day, a 3.53% drop, to 5728.04 points, with SK Hynix falling around 7% and Samsung Electronics declining roughly 3%.

Beating AI News Brief: Tibor Blaho, nicknamed "Bald Guy" for frequently breaking AI product updates, found a new notice hidden on ChatGPT’s web subscription checkout page: “Starting December, ChatGPT and Codex will share plan usage limits.” Yesterday, another user spotted a prompt about merging Chat and Work features on ChatGPT. Tibo later clarified that the team plans to integrate the two this year, but no official launch has been announced. It now appears OpenAI is not only unifying its chat and work interfaces, but may also adjust usage limit calculations. In fact, Claude has long operated this way—surprisingly, ChatGPT is finally following suit. However, OpenAI had just announced it would double usage limits for its Pro and other plans when this unpublicized new rule was uncovered. This looks like a bait-and-switch trick, treating users like monkeys.