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Analysts: The current rally is fueled by exhausted selling pressure rather than fresh capital inflows, though relevant indicators still point to the market being in the early stages of a bull market.

1 hours ago

Crypto market analyst Crypto Mommy, citing data from CryptoQuant, noted that Bitcoin’s Realized Cap has resumed an uptrend after months of correction. The metric has climbed from $1.057 trillion to $1.088 trillion, an increase of roughly $31 billion, or 2.9%. Analysts say this is generally a positive sign; historically, a rebound in this indicator has marked the early stages of a bull market cycle. Realized Cap calculates the network’s overall cost basis by using the price at which each Bitcoin was last moved on-chain, and its rise typically signals inflow of new capital. However, the analyst also pointed out that Bitcoin’s price has surged 16% recently, jumping from $69,000 to $80,000, far outpacing the 2.9% growth of its cost basis. This divergence suggests the recent price rally is driven more by reluctance to sell among existing holders rather than large-scale inflow of new external funds. The analyst also warned that a rise in Realized Cap is not an absolute guarantee of price gains; at the market peak in late 2025, this metric also rose amid profit-taking by long-term holders. To confirm whether the market is entering a healthier phase, the analyst advised investors to focus on two key signals going forward: first, whether Realized Cap can sustain continuous expansion; second, whether Bitcoin’s price can successfully hold its recent gains as capital flows in.

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Marathon Digital transfers 1,000 $BTC ($80.66M) to BitGo

Bitcoin mining company MARA Holdings (@MARA) transferred another 1,000 $BTC ($80.66M) to BitGo 9 hours ago.

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DiffuSpace adapted Qwen3.6 into a diffusion model, delivering 680 tokens per second on a single GB300 card.

Beating AI News Flash: DiffuSpace, founded by University of Hong Kong professor Lingpeng Kong, has released and open-sourced the Clover-35B-A3B-Preview model. Modified from Alibaba's Qwen3.6-35B-A3B, the model has 35 billion total parameters, with around 3 billion activated per inference. Traditional large models generate tokens sequentially left-to-right, while Clover uses block diffusion: it generates small text segments at a time, then completes output via parallel prediction and iterative refinement. The team also modified Gated DeltaNet to compress and store historical information, while enabling bidirectional interaction between tokens in the current text block, balancing generation speed and contextual understanding. In six official agent benchmarks, Clover scored the highest among all listed models. Its SWE-bench Verified score reached 73.6%, Terminal-Bench 2.1 hit 51.7%, outperforming the original Qwen3.6-35B-A3B, as well as diffusion models like LLaDA2.2 Flash and Mercury 2.5. However, the comparison list did not include Mercury 3, released on October 19. In terms of speed, Clover runs at 680 tokens per second on a single NVIDIA GB300 with BF16 precision and a single concurrent internal agent task. On H200, it hits 515 tokens per second, outperforming the same-scale Qwen model accelerated with DFlash2 (365 tokens per second). The team also deployed the INT4 quantized version to an RTX 5070 Ti with only 16GB of VRAM, achieving 101.8 tokens per second on the MATH-500 benchmark.

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Nevis secures $70 million in funding, with Charles Schwab taking an equity stake, as AI will handle back-office work for financial advisors.

Beating AI News Flash: U.S. wealth management AI firm Nevis has closed a $70 million Series B funding round led by EQT Ventures, with participation from Charles Schwab, Sequoia Capital, and ICONIQ, among others. Founded just two years ago, the company has raised a total of $110 million in capital to date. Fortune, citing sources familiar with the deal, pegged the round’s valuation at roughly $500 million. Nevis was founded by three former Revolut executives, and its platform is designed to help financial advisors handle day-to-day operations. For instance, when a client requests a withdrawal during a meeting, the AI automatically organizes relevant information, prepares transfer paperwork, and waits for staff approval before proceeding. Client data management, meeting documentation, and financial planning can all be completed within the same system. Nevis says its AI has completed over 100,000 back-office tasks, with some advisors saving up to 10 hours per week using the platform. Financial institutions using its platform manage more than $700 billion in client assets, up from around $500 billion a year prior. Over the same period, the company’s revenue grew more than 25-fold. Charles Schwab is a leading U.S. financial custodian serving over 17,000 independent advisory firms. This month, Schwab also announced it is blocking unauthorized AI agents from accessing client accounts and initiating fund transfers. The investment in Nevis sees the firm operate via manual approval and existing custodian systems, aiming to let AI deliver practical work within the bounds allowed by financial institutions.

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PEPE rose over 15% in 24 hours; addresses linked to Justin Sun hold an unrealized profit of 21%.

According to HTX market data, PEPE has surged 15.8% in the past 24 hours, currently trading at $0.00000498. BlockBeats previously reported that address 0x721…E599, which Arkham has labeled as associated with Justin Sun, withdrew 4.65 trillion PEPE tokens (worth approximately $20.32 million) from Poloniex in the early hours of today. Since October 17, this address has withdrawn a total of $48.76 million worth of PEPE, and currently holds 11.8 trillion PEPE tokens, with an average withdrawal price of $0.000004114. Calculated at the current price, this address marked as linked to Justin Sun has an unrealized profit of 21%.

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Infisical secures $40 million in funding, expanding from open-source secret vaults to AI Agent security platforms.

Beating AI Express: Infisical closes a $40 million Series B funding round, valuing the company at $600 million. The Y Combinator-backed firm started as an open-source key management provider, helping enterprises secure sensitive information like API keys and database passwords while controlling access permissions. It now has over 1,300 enterprise clients and 300,000 developer users, including Airbus, Volkswagen, Hugging Face, and OpenRouter. As AI agents such as Claude Code and Codex begin operating GitHub, databases, and cloud services, key security has emerged as a new challenge. Agents often need to access external web pages, documents, and code; if tricked by hidden malicious instructions in these resources, they may leak the keys they hold. In April this year, Infisical open-sourced Agent Vault, which grants agents only fake keys. When accessing external services, requests first go through an HTTPS proxy that injects the real key before transmission. This way, even if an agent is tricked into handing over its held keys, it cannot directly leak the actual credentials. In July, the company launched the commercial version of Agent Proxy, integrated with its existing enterprise key management system. The relevant features have now been consolidated into the commercial Agent Vault. Enterprises can authorize agents on a per-task basis, set expiration dates for permissions, revoke access at any time, and log access activities. For example, a code review agent only gets necessary access to GitHub and Slack, with permissions revoked once the task is complete. Companies like Anthropic and Vercel also use similar credential proxy technologies. Infisical has built this into an independent security infrastructure that can be shared by different agents including Claude Code, Codex, and OpenClaw.

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Trade.xyz Acquires Code NU for 578.7 HYPE

Data shows that Trade.xyz, the HIP-3 market deployer, purchased the code NU for 578.7 HYPE (valued at $47,448), and is expected to soon launch its perpetual contracts.

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