TRON (TRX) — Onchain News & Whale Tracking

Cathie Wood: Midterm elections won't derail the AI revolution, and economic growth momentum is stronger than most investors expected.

ARK Invest founder Cathie Wood said in a post that she does not believe the outcome of the latest U.S. midterm elections will derail the AI revolution. She noted that market uncertainty is understandable, but the economy is on a stronger growth trajectory than most investors recognize. She added that as early as May and June, the stock market had already priced in expectations of a prolonged Iran war and a Democratic sweep in the elections, while rising oil and gasoline prices also added to consumers' cost-of-living pressures. Voters focused on household finances made the congressional election results more conservative than headlines suggested. Cathie Wood predicted that data center construction firms will pay more attention to local community concerns, and will deliver and highlight more community benefits, including lower property taxes, higher-paying jobs, commercial development, and funding for schools and cultural facilities. She stated that productivity gains from AI are accelerating, and she expects these benefits to translate into higher wages, stronger profit margins, more investment, and lower prices, helping ease cost-of-living pressures. The market has only just begun to experience the impact of this technological revolution.

Serenity: Year-to-date return still stands at 594.4%, long-term bullish on optoelectronics and storage sectors.

White-Haired Stock Guru Serenity posted in Chinese on X that his year-to-date investment return hits 594.4%, but admitted Warren Buffett probably sleeps more soundly than he does. Serenity stated his investment thesis for optoelectronics and storage, originally set for 2027 to 2028, is now facing market scrutiny a year ahead of schedule. He also noted that Buffett’s portfolio is far larger than his own, making Buffett’s roughly 19% annual return equally out of reach.

Samsung Electronics CEO No Tae-mun increased his holdings in the company's stock for 630 million KRW.

According to Yonhap News Agency, data from the Financial Supervisory Service’s electronic disclosure system shows that Samsung Electronics’ CEO and Head of the DX Division, Noh Tae-moon, bought 3,000 of the company’s common shares on the local market that day, at an average price of 210,000 won per share, totaling around 630 million won. Following the purchase, his holdings rose from 124,280 shares to 127,280 shares. The report points out that the purchase came amid Samsung Electronics’ recent sharp stock price drop after the U.S. midterm elections, which is being interpreted as a sign of his commitment to responsible management. Noh previously bought about 3,045 shares at 230,000 won per share at the end of July. On the same day, Samsung Electronics’ stock closed 6.35% lower at 188,700 won.

Yilihua: Bitcoin needs to strongly break through $82,600 to usher in its second main uptrend wave, and it remains in a bull market trend for now.

Yilihua, founder of Liquid Capital, said in a post that Bitcoin (BTC) has now broken through $80,300 and stabilized above its 20-day moving average. To trigger a second major uptrend wave, BTC must next break through $82,600 decisively, after which it will target the strong resistance level of $86,000. If BTC clears $86,000, its subsequent target levels are $97,000 and $104,000. The recent pullback of BTC near $86,000 is a normal correction within the bull market trend, so even if he anticipates a pullback, he will not go short, as the market could rebound rapidly at any time. He added that he began buying the dip when BTC was near $77,000, but missed part of the rebound due to external factors disrupting trade execution.

Washington Power Shift: Voters Deliver a Strong Rejection of Trump, With His Approval Ratings Turning Negative in Multiple Deep Red States

CNN Washington Bureau Chief and Political Director David Chalian analyzes the power shift in Washington: A major change has occurred in the U.S. power structure, with the Democratic Party seizing control of both the House of Representatives and the Senate. Trump's final two years in office will be drastically different from his first two terms. Voters delivered a strong rebuke and rejection of Trump in the election. In key Senate states, even deep-red states, the president's approval rating remained underwater. The Democrats won seats in Texas, Ohio, Iowa, South Carolina and other states—states that Trump had carried by double-digit margins two years prior, and had won in his three consecutive presidential election campaigns. Shifting factors include alienation of independent voters, a return of Latino and young voters to the Democratic Party, Trump's failed economic governance, and public concerns over the cost of living, all of which contributed to the Republican Party's crushing midterm election defeat.

Tencent has released the official version of Hy4, and its comprehensive performance ranks among the strongest open-source models.

Beating AI News Flash: Tencent Hunyuan releases the official version of Hy4. Compared to the August preview, the official Hy4 has expanded pre-training and post-training scales, enhanced capabilities in programming, long-horizon agents, financial analysis, and for the first time added visual understanding and computer operation functions. Multiple evaluations released by Tencent show that its overall performance has entered the first echelon of open-source models. Hy4 can now operate computers by integrating screen content, mouse/keyboard inputs, and command lines to complete cross-software tasks. To this end, Tencent built a sandbox with hundreds of software deployed, allowing the model to practice repeatedly and verify results. In game development, GameDev and GameLogic evaluations improved by 19.1% and 9.8% respectively compared to the preview version. Hy4 also made new progress in scientific research tasks. Tencent said that Hy4 completed 3D reconstruction of a mouse embryo with nearly 7 million cells in 1.5 hours without human intervention; it can also independently locate performance bottlenecks in model training systems, increasing training throughput in internal tests by 20.1%. The official version maintains the API pricing of the preview. Standard API calls on Tencent Cloud are offered a limited-time 50% discount until December 31, while Token Plan subscriptions enjoy points consumption at 25% of the original rate until November 18. The model is now available on platforms including Tencent Cloud and OpenRouter, with its weights planned to be open-sourced soon.

South Korea's KOSPI index opened down 2.46%, with SK Hynix and Samsung Electronics both falling more than 4%.

According to Bitget market data, South Korea's KOSPI index opened down 2.46%, with SK Hynix and Samsung Electronics both falling more than 4%.

Tron Surpasses 16B Total Transactions With 11.56M Daily Average

The total transactions on #Tron have surpassed 16 billion! On average, 11.56 million transactions are processed every day.

TRON Surpasses 16 Billion Total Transactions, Averaging 11.56M Transactions per Day!

The total transactions on #Tron have surpassed 16 billion! On average, 11.56 million transactions are processed every day.

South Korean stocks opened lower but rallied to close higher, as strong exports boosted bargain-hunting buying.

On Monday, boosted by strong export data and the market's "buy-the-dip" sentiment, South Korea's stock market recouped its morning losses to turn higher. The KOSPI index rose more than 1% intraday, after earlier falling nearly 2% in morning trade amid concerns over massive spending by AI firms, following a downturn on Wall Street. Kiwoom Securities analyst Han Ji-young said: "The stock market has once again entered oversold territory, with fundamentals remaining solid and corporate earnings expectations also improving. October's export data exceeded expectations, raising the likelihood that the market will further revise up consensus earnings forecasts." Driven by strong global demand for AI investment, which lifted South Korea's chip shipments, the country's October exports nearly doubled, marking the largest increase in over 50 years. A survey showed that South Korea's manufacturing activity growth slowed to its weakest level in eight months in October, weighed down by weaker output and demand. South Korean President Lee Jae-myung pledged to make bold investments in artificial intelligence to boost the country's economic growth potential.

US and South Korean stocks Monday price preview: Samsung Electronics is expected to open around 2.5% lower, while most US stocks are stronger in pre-market trading.

During the weekend when traditional financial markets are closed, on-chain Nasdaq Trade.xyz enables continuous trading and real-time price discovery via perpetual contracts—functions unavailable in traditional finance—allowing users to pre-price U.S. and South Korean stock markets for Monday. Most popular U.S. stock assets on Trade.xyz have strengthened compared to Friday’s after-hours trading, and are expected to open slightly higher ahead of Monday’s session. Weekend performance details are as follows: SpaceX is quoted at $137.72, up from $136.07 in U.S. after-hours trading Friday; Micron (MU) is quoted at $907.87, up from $889.151 in U.S. after-hours trading Friday; SanDisk (SNDK) is quoted at $1169.2, up from $1157.572 in U.S. after-hours trading Friday; NVIDIA is quoted at $204.81, down from $205.25 in U.S. after-hours trading Friday; Marvell Technology (MRVL) is quoted at $198.77, up from $197.993 in U.S. after-hours trading Friday; Intel is quoted at $66.044, up from $64.882 in U.S. after-hours trading Friday; Google is quoted at $283.14, up from $281.46 in U.S. after-hours trading Friday; AMD is quoted at $513.3, up from $508.219 in U.S. after-hours trading Friday. Popular South Korean stocks on Trade.xyz have edged lower from Friday’s closing prices. Weekend performance details are as follows: Samsung Electronics is quoted at $164.66, down from its Friday close of $168.68; SK Hynix is quoted at $1063, down from its Friday close of $1063.06.

Ethereum’s rebound momentum is stronger than Bitcoin’s, with the ETH/BTC exchange rate rising 0.79% over the past 24 hours.

According to HTX market data, Ethereum’s rebound sentiment was stronger than Bitcoin’s over the past 24 hours. The ETH/BTC exchange rate rose 0.79% to 0.02921. Ethereum is currently trading at $2,273, with a 24-hour gain of 1.28%; Bitcoin is at $77,816, up 0.51% in the same period. The total market capitalization of cryptocurrencies has rebounded to $2.705 trillion, with a 24-hour increase of 0.2%, and 24-hour trading volume stands at $682.063 billion.

CZ strongly supports He Yi: The pregnant woman pulled all-nighters, fighting side by side with hundreds of Binance staff.

The aftermath of Binance's hack incident persists, with CZ voicing support for He Yi, Binance's current CEO, on the X platform. CZ stated: "This pregnant executive has worked around the clock alongside hundreds of Binance staff. Many industry peers, even competitors (including some that were previously unfriendly), have offered invaluable help. It's painful, but we will get through this."

The USDT service has resumed USDT transfers between the Ethereum and Tron blockchains, after being suspended earlier due to a Binance-related incident.

USDT0 announced via tweet that it has restored USDT transfers between Ethereum and TRON. The platform’s own infrastructure remains fully secure and uncompromised. Earlier, it had temporarily suspended these cross-chain transfers as a preventive measure in response to the Binance attack incident, to prevent stolen funds from flowing.

Li Yihua: The breakdown of the $79,000 strong support level triggered by a black swan event was unplanned, and the best time to buy the dip is approaching.

Liquid Capital founder Yili Hua stated in a post, "We’ve been repeatedly warning of a market correction every day, but we didn’t expect the $79,000 strong support level to be breached by a black swan event, which was unplanned. The originally planned levels of $75,000 and $71,000 need to be re-evaluated and adjusted amid changing circumstances. However, once the black swan event’s impact subsides and the midterm elections conclude, the optimal time to buy the dip will arrive."

The Federal Reserve’s "strong economy" assessment is widely questioned by Wall Street.

The Federal Reserve left interest rates unchanged at their current level as expected on Thursday. In its latest policy statement, the central bank upgraded its assessment of U.S. economic expansion from "solid" in September to "strong". The Fed noted that business investment remains robust and job growth aligns with the size of the labor market. Market participants have raised widespread skepticism over the Fed’s upbeat economic outlook. With economic growth momentum softening, some observers argue that even a minor weakening in economic fundamentals could derail this "strong" outlook. It remains unclear exactly how this strong performance will drive price pressures lower. Following Wash’s press conference, his lack of clear commitments on future policy actions led markets to scale back bets on further interest rate hikes. Against this backdrop, the spread between 2-year and 10-year Treasury yields, which had flattened in recent weeks, widened again, peaking at 34.1 basis points. The sharp sell-off in long-dated bonds indicates investors are navigating complexities beyond short-term monetary policy. Investors holding 10-year and 30-year U.S. Treasuries face greater exposure to inflation expectations and interest rate fluctuations over longer time horizons. When uncertainty rises, they demand additional compensation for this duration risk, pushing yields higher and bond prices lower.

Samsung Electronics delays shareholder return plan, shares plunge 6.6% at one point.

Disappointed by the absence of a new shareholder return plan in its financial results, Samsung Electronics' stock erased earlier gains and plunged as much as 6.6%. Samsung Electronics said it will announce the plan by the end of January. This stands in stark contrast to SK Hynix, which on Wednesday not only reported strong earnings but also plans to return around $45 billion in additional capital to shareholders. Additionally, weaker-than-expected profits at Samsung's chip division and expanded capital spending also weighed on market sentiment toward the company. eToro analyst Josh Gilbert noted that keeping the market waiting until January for a full shareholder return plan has created a gap where positive news should have been. Samsung also raised its capital expenditure by roughly 60% this year, so until it clarifies how this windfall will be allocated between new production capacity and shareholders, there remains a real question mark over how much money will actually flow back to investors. Rob Li, managing partner at Amont Partners, said delaying shareholder return details until January is disappointing, giving stock traders an excuse to shift funds to SK Hynix or Micron in the coming months, as the two peers have clearer shareholder return frameworks.

Walsh: U.S. economic activity is expanding strongly, and the committee will achieve price stability.

Federal Reserve Chair Walsh held a monetary policy press conference, stating that U.S. economic activity is expanding strongly. Domestic spending has remained resilient, productivity is robust, and capital investment is strong. However, inflation remains elevated. The Federal Reserve believes that additional information will help the FOMC assess its policy stance. The FOMC committee will achieve price stability, and economic growth is robust.

Intel Earnings Preview: Strong Revenue Growth Expected, Focus on 18A Process Yield and External Order Progress

Intel will release its financial results after U.S. stock market close on Thursday. The 18A yield and capacity ramp-up are entering the delivery phase, with the foundry’s external order execution and the sustainability of tight server CPU supply emerging as key focuses of the earnings report. For fiscal 2026 Q3, single-quarter revenue is projected at $16.487 billion, up 20.76% year-over-year; net profit is forecast at $1.523 billion, down 65.51% year-over-year. Major investment banks have shared their outlooks: Bernstein says its server business growth is enough to offset the negative impact of weak PC market conditions; KeyBanc notes that supply chain tightness has boosted server CPU pricing power, a near-term catalyst; JPMorgan, meanwhile, states its years-long bearish call is now materializing, with current risk-reward balance, significant progress in manufacturing yield and advanced packaging, and strengthened technological competitiveness.

South Korea's KOSPI index surged 6.6%, with Samsung Electronics rising 9.5% and SK Hynix up 10%.

According to Bitget data, South Korea's KOSPI index surged 6.6%. Samsung Electronics rose 9.5% and SK Hynix gained 10%.

Hong Kong-listed storage concept stocks rallied at the opening, with the Southern 2x Long Samsung Electronics ETF surging more than 18%.

According to Bitget market data, Hong Kong-listed storage concept stocks rose at the start of trading. Southern's 2x leveraged Samsung Electronics (07747.HK) gained over 18%, Southern East SK Hynix (07709.HK) climbed more than 14%, Longsys (09976.HK) and Montage Technology (06809.HK) jumped over 6%, and GigaDevice (03986.HK) increased more than 5%.

Samsung Electronics and SK Hynix both rose more than 8%.

According to Bitget data, South Korea’s KOSPI index has extended its gains to 5.74%, with Samsung Electronics rising 8.45% and SK Hynix up 8.05%.

South Korea’s stock index surged 5%, with Samsung Electronics climbing 7%.

According to Bitget data, South Korea’s KOSPI index gain has widened to 5%, Samsung Electronics is up 7%, and SK Hynix has risen 5.8%.

South Korea's KOSPI index rose more than 3%, Samsung Electronics gained over 5%, and SK Hynix increased by more than 4%.

According to Bitget data, South Korea’s KOSPI index rose 3.57% to 5,839.57 points. Samsung Electronics gained 5.63% and SK Hynix increased 4.03%.

Crusoe CEO says the AI cloud sector has been oversold, expresses strong support for CoreWeave.

According to Bloomberg, Chase Lochmiller, CEO of AI compute supplier Crusoe, said at the Bloomberg Invest conference in Dallas that the recent sell-off targeting emerging cloud service providers is "overreacted". Rival CoreWeave has struck some "very good deals" and is in a solid position currently. CoreWeave has been at the center of market concerns over the AI infrastructure boom and its massive debt financing. Its bonds have fallen to distressed levels this month, and its stock price has dropped more than 30%. Lochmiller noted that Crusoe’s AI cloud compute business still faces strong and widespread demand. Crusoe is involved in developing the flagship Texas data center for the OpenAI-Oracle Stargate project, while also providing AI cloud compute power. The company closed over $3 billion in financing last month, with a valuation of around $30 billion. However, people familiar with the matter previously told Bloomberg that some tech companies have doubts about Crusoe’s ability to get large data centers operational and sustain their operations. Earlier this year, Oracle and OpenAI opted not to lease additional capacity for its Abilene, Texas project, and the space was later taken by Microsoft.

Seagate Technology’s Q1 fiscal quarter revenue rose 61% year-over-year, but its strong earnings report failed to boost its stock price, with shares falling more than 8% at one point in after-hours trading.

Seagate Technology released its first-quarter fiscal 2027 financial results for the period ended October 2, 2026, reporting revenue of $4.23 billion, up roughly 61% year-over-year and beating analyst expectations of $4.11 billion. Adjusted earnings per share (EPS) came in at $7.68, exceeding the forecast of $7.39. AI infrastructure development continues to drive demand for the company’s data storage products, with margins improving notably. The first quarter’s GAAP gross margin rose to 57.3% from 39.4% in the year-ago period; non-GAAP gross margin climbed to 57.8% from 40.1%, while non-GAAP operating margin jumped to 50.7% from 29.0%. Cost of revenue grew only around 13% year-over-year, lower than the revenue growth rate. On the cash flow front, quarterly operating cash flow hit $1.69 billion, and free cash flow reached $1.479 billion, up roughly 246% year-over-year. Both gross margin and free cash flow set new record highs, and the company raised its quarterly dividend by approximately 3% to $0.76 per share. Seagate projects its second fiscal quarter revenue will be $4.8 billion (with a range of plus or minus $100 million), and adjusted EPS of $9.20 (plus or minus $0.20), both higher than prior analyst estimates of $4.55 billion in revenue and $8.66 in EPS. CEO Dave Mosley stated: “Data creation, retention, and reuse continue to drive storage demand growth, and visibility into long-term customer demand supports our judgment of a multi-year growth cycle. Our Heat-Assisted Magnetic Recording (HAMR) technology roadmap will meet growing storage needs by increasing hard disk areal density while maintaining supply discipline.” Despite the better-than-expected results and second-quarter guidance, Seagate’s stock fell more than 8% in after-hours trading, according to data from BIT Stock Platform. The stock closed regular trading at $667.85 on the day, with a year-to-date gain of nearly 150%.

South Korea’s KOSPI index opened 2.07% higher, with Samsung Electronics up 2.9% and SK Hynix rising 2%.

According to data from Bitget, South Korea’s KOSPI index opened 116.95 points higher on Wednesday, October 28, with a 2.07% gain, at 5755.29 points. Samsung Electronics rose 2.9% and SK Hynix increased by 2%.

Emerging cloud service enterprises are performing strongly, with Nebius up 11%.

According to data from the BIT stock platform, share prices of emerging cloud service companies have strengthened further: Nebius (NIBS.O) rose 11%, Coreweave (CRWV.O) gained 6.7%, and IREN (IREN.O) increased 7.7%.

Tron Active Accounts Surge 12% to 4.366M, New Registrations Jump 19%

Tron recorded 4.366M active accounts yesterday, up 12.06% from the previous day, while new accounts reached 177.5K, up 18.93%.

Tron recorded 4.366M active accounts yesterday, up 12.06% from the previous day, while new accounts reached 177.5K, up 18.93%.

Tron recorded 4.366M active accounts yesterday, up 12.06% from the previous day, while new accounts reached 177.5K, up 18.93%.

Glassnode: BTC’s recent buyers have exited the strong selling pressure zone, while the proportion of profitable supply held by short-term holders has fallen to around 70%.

Glassnode said in a recent post that investors who bought Bitcoin (BTC) recently have moved out of the strong selling zone. In late September, nearly all positions held by short-term BTC holders were in profit, a figure that has since dropped to around 70%. For investors expecting BTC’s uptrend to continue, current entry conditions have improved significantly compared to a month ago. The decline in the profit ratio of short-term holders indicates that selling pressure from take-profit orders has eased, though this does not guarantee BTC will rise going forward.

Yilihua: Bitcoin's strong support levels are $75,000 and $71,000, while $57,000 is the "iron bottom" for the bear market.

Liquid Capital founder Yilihua said in a post that he has repeatedly warned of a market pullback over the past month. Bitcoin has now broken below the $82,000 and $80,000 support levels, and is poised to fall below $79,000. If it breaches that level, the next major support stands at $75,000, followed by $71,000. However, Liquid Capital still maintains that the prior $57,000 level marks the bottom of this bear market, so the only remaining question is when to buy the dip. There is no clear answer yet as market conditions are constantly shifting, but investors can now fully focus on identifying dip-buying opportunities.

Samsung Electronics and SK Hynix are set to release their third-quarter financial results next week.

South Korean chipmakers Samsung Electronics and SK Hynix will release their third-quarter financial reports next week, with strong demand for AI storage chips expected to drive both firms to post robust profits. SK Hynix is set to announce its results on Wednesday, while Samsung Electronics will follow with its report on Thursday.

UBS: Gold may retest the $4,000 level, with strong dip-buying demand providing support.

UBS believes gold prices may retest the $4,000 per ounce level again, but expects strong dip-buying demand to support gold prices and form a price floor. While rising U.S. Treasury real yields and a stronger U.S. dollar exert downward pressure on gold, factors including sustained central bank gold purchases will underpin the precious metal. UBS forecasts annual central bank gold buying will reach 750 to 1,000 tons.

Bill Ackman is bullish on US stocks in 2027: The market will see a strong year if wars and inflation cool down.

Pershing Square Capital CEO Bill Ackman stated that the Russia-Ukraine conflict, Iran war, persistent high inflation and interest rates are weighing on an otherwise stronger market environment. However, with geopolitical risks easing and energy prices declining, he expects market prospects to improve notably, dubbing 2027 "an amazing year". In an interview with CNBC on Thursday, Ackman noted that if war-related uncertainties recede—especially if the Russia-Ukraine situation progresses in a positive direction—energy prices could fall sharply, which would support lower inflation and better financial market performance. He also referred to the Iran war as "an extremely well-executed war", adding that peace in the Middle East would not only benefit the region but also ultimately the United States.

US initial jobless claims near 57-year low, strong domestic demand drives profit growth.

Last week, the number of new US jobless claims fell to its lowest level in nearly 57 years, with layoffs easing and the labor market stabilizing. Data from the US Department of Labor shows that for the week ending October 17, initial state unemployment benefit claims dropped by 6,000 to a seasonally adjusted 194,000. This figure is approaching the 189,000 level hit in mid-July, marking the lowest since 1969. Economists believe that strong US domestic demand has driven rising profits, shielding workers from layoffs. However, as the conflict between the US, Israel and Iran intensifies, tighter financial conditions and rising interest rates may weigh on the labor market’s performance next year.

Driven by strong risk aversion, the Nikkei 225 index has dropped to a near three-month low.

Affected by strong risk aversion, the Nikkei 225 index fell 2.65% to close at 62907.84 points, marking its lowest closing level since July 30. Analysts at InTouch Capital Markets stated: "Investors are beginning to question whether the performance of the latest round of artificial intelligence (AI) corporate earnings is sufficient to support current elevated valuations, as well as the rationale for companies' continued large-scale investments in computing infrastructure." The analysts added, "Resurgent geopolitical concerns have further exacerbated pressure on the market environment, which is sensitive to economic growth." (Source: Jinshi)

Glassnode: Bitcoin is in a strong range-bound state, with the market focusing on key catalyst events.

Glassnode released its weekly market report, stating that Bitcoin is constrained within a "trading range" of $80,000 to $87,000. Daily closes once rose above roughly $87,500, and recent ETF inflows paired with expanding trading volume show demand is absorbing supply at the upper end of the range. If Bitcoin breaks below $80,000, both ETF holders and average treasury investors will enter losses, potentially dragging the price down toward the True Market Mean. Below the range, buyers have re-accumulated positions near $80,000 based on ETF and Treasury cost bases (though at a smaller scale than the peak). Above the range, the cost basis for buyers who entered positions 6 to 12 months ago is around $86,700, paired with order book sell walls and liquidation clusters at roughly $85,000 and $87,000. A breakout from this range could accelerate, but will encounter selling pressure. Glassnode noted that investors should focus on upcoming key catalysts, including the Federal Reserve’s October 28 interest rate decision, rising oil prices and yields, and a rebound in inflation expectations. Separately, MSCI will publish its index adjustment list on November 11 (effective November 30), with potential removals of stocks such as Strategy, which could impact related equities and Bitcoin buying demand.

Santiment: DOGE and XRP Signal Strong MVRV Opportunity, Holders Mostly in Unrealized Loss

Santiment noted in a post that Dogecoin (DOGE) has a 365-day MVRV ratio of approximately 0.74, indicating holders who bought over the past year are on average sitting on deep unrealized losses. XRP’s 365-day MVRV stands at around 0.92, also showing holders are overall in a loss position. In contrast, Bitcoin (BTC), Ethereum (ETH), and Chainlink (LINK) have 365-day MVRV ratios between 0.97 and 1.04, meaning holders are roughly at break-even overall. Santiment pointed out that a lower MVRV may signal selling pressure is nearly exhausted, forming a historically relatively favorable, low-risk potential opportunity zone; a higher MVRV, meanwhile, may mean rising profit-taking risk. The metric can be used to monitor market participants’ profit and loss status and risk appetite, but it does not guarantee an inevitable price rebound.

Samsung Electronics is now leveraging its 5-nanometer process technology to attract new clients.

According to South Korean media reports, Samsung Electronics' Foundry Business Division, which handles semiconductor contract manufacturing, has begun targeting new customers for its 5-nanometer (nm, one billionth of a meter) process, as its 4-nanometer process capacity is already fully operational. While contracts for its most advanced 2-nanometer process with global large tech firms have been delayed, the move aims to boost production utilization centered on its 4-nanometer and 5-nanometer processes—boasting relatively stable yields—to improve profitability. Per semiconductor industry sources on the 20th, Samsung Foundry’s 4-nanometer process capacity has effectively reached saturation amid a recent rise in customer orders. As such, Samsung is expanding its sales efforts to attract new clients for its 5-nanometer process. Analysts note that this push for 5-nanometer customers is also a response to the demand shift: with 4-nanometer capacity nearing saturation, the 5-nanometer process can be offered as an alternative to meet clients’ performance and cost requirements, while also lifting utilization of existing production facilities. Conversely, securing major customers for its 2-nanometer process—its next-generation flagship technology—remains a key challenge. Samsung is in talks with global large tech firms for semiconductor manufacturing contracts based on its 2-nanometer process, but some negotiations are progressing slower than initially anticipated. Advanced processes require not only yield verification but also comprehensive validation of energy efficiency, design intellectual property (IP), and stable mass production capabilities, making the timeline to finalize contracts and launch mass production considerably long.

Fu Peng: Beneath the strong facade of U.S. stocks, risks are teetering on the brink; once the breadth limit is triggered, volatility may rebound rapidly.

Xinhuo Group Chief Economist Fu Peng published an article noting that current U.S. stocks, represented by the S&P 500, are exhibiting a distinct market capitalization concentration bubble and severe market breadth divergence. "Weighted large-cap blue-chip stocks, supported by passive funds and crowded positioning, have propped up the broad index to stay relatively calm, while the vast majority of stocks across the market are actually undergoing deeper technical pullbacks. Market breadth is approaching its extreme tipping point, and the suppression of volatility could be broken at any time."

Bitget launches four stock perpetual contracts, including Citigroup and Medtronic.

Bitget has launched four popular stock perpetual contracts: CSTOCK (Citibank), MDT (Medtronic), BP (British Petroleum), and VLO (Valero Energy). The contracts are settled in USDT, support up to 20x leverage, and enable 24/7 trading. As of now, Bitget supports a total of 368 stock contract underlyings.

Prominent Trader: Bitcoin’s Correction Is Complete, Strong Support at $81,000–$82,000, Target Still $94,000

Prominent crypto trader Doctor Profit posted that he has opened a 4x leveraged long position on Bitcoin at $81,000. He believes this round of correction is complete, with the $81,000–$82,000 zone serving as strong support and marking a local bottom, while his next target remains $94,000. He noted that Bitcoin previously rallied near $87,000, but the daily Relative Strength Index (RSI) posted a lower high, forming a bearish divergence. After this correction, the RSI has returned to the zone where the prior rebound occurred, and price has once again touched the orange line on its chart, mirroring the pattern seen during the last local bottom formation. Regarding Bitcoin’s subsequent price path, he forecasts that it first needs to reclaim $82,000 for confirmation, then consolidate sideways between $82,000 and $88,000 before breaking out of the range to rally toward $94,000. He expects the $86,000–$88,000 zone will act as accumulation rather than distribution this time, with buying pressure absorbing sell-offs to turn resistance into support.

South Korea’s KOSPI index closed 1.75% higher, while Samsung Electronics rose 1.16%.

According to Bitget's market data, South Korean stocks opened lower and closed higher. The KOSPI index closed up 98.98 points, a 1.75% gain, to 5767.03 points on Monday, October 19. SK Hynix rose 0.39%, and Samsung Electronics gained 1.16%.

Tron Leads All Chains in 24h, 7d, and 30d Revenue With $23.41M Monthly Earnings

Tron ranks No. 1 among all chains in 24-hour, 7-day, and 30-day revenue, far ahead of other chains. Its monthly revenue reached $23.41M.

Tron ranks No. 1 among all chains in 24-hour, 7-day, and 30-day revenue, far ahead of other chains, with 30-day revenue reaching $23.41M.

Tron ranks No. 1 among all chains in 24-hour, 7-day, and 30-day revenue, far ahead of other chains. Its monthly revenue reached $23.41M.

South Korea's KOSPI index fell more than 3% in early trading, with SK Hynix down 4% and Samsung Electronics down 3%.

According to Bitget market data, South Korea's KOSPI index fell below 5600 points at the start of trading, down 3.17% on the day. SK Hynix dropped 4% and Samsung Electronics fell 3%.

Trump lauds US stock market: "Strongest in history!"

Former US President Trump posted a graphic on his social media platform, claiming that during his tenure, the S&P 500 surged from 5,881 points in December 2024 to 7,651 points in September 2026, a cumulative gain of roughly 30%. He captioned the post: "The strongest in history!" However, recent risks tied to AI trading have pressured US equities, which fell broadly on Friday. Concerns over AI investment returns, paired with soaring international oil prices, triggered fresh sell-offs in tech stocks. The Nasdaq Composite closed down 2.15%, the Nasdaq 100 dropped 2.5%, and the S&P 500 slipped 1.1%. The Nasdaq notched a 4.48% weekly loss, while the Dow Jones Industrial Average rose 0.68% — their weekly performance gap was the largest since July 2002. The Philadelphia Semiconductor Index declined for the eighth straight trading day, marking its longest losing streak since 2008. Earlier today, Trump delivered his latest comments on the Russia-Ukraine and Middle East issues: "I know some details of the Russia-Ukraine conflict, and I will make them public at some point. I hope it ends. The Biden administration did a lot of bad things regarding the Ukraine issue." When asked about inflation, Trump again asserted: "Oil prices will drop soon. Israel's support for Saudi Arabia is very substantial, and the Abraham Accords are back on Saudi Arabia's agenda."

Nvidia releases Nemotron 3.5 Super VL: Tops U.S. open-source model rankings, lags Xiaomi by nearly 20 points in benchmark scores

Beating AI News Flash: Nvidia has launched Nemotron 3.5 Super VL, releasing its model weights as open-source. The model has 120 billion total parameters, with only 12 billion activated per run, supporting a maximum 1 million-token context window. It combines text reasoning, visual understanding, and tool calling, allowing agents to directly read PDFs, analyze charts and videos, search the web, and complete tasks via tool calls—eliminating the need for repeated information transfer between text and vision models. The new model adopts a hybrid Mamba-Transformer architecture, improving inference efficiency through multi-token prediction and 4-bit quantization. In tests by Artificial Analysis, with a 100,000-token input, it achieved an output speed of roughly 630 tokens per second, about 5 times faster than Inkling Small, a model with comparable capability scores. Nvidia also noted that batch processing 10,000 SWE-bench Pro programming tasks using 4 B200 GPUs is up to 4 times faster than some comparable open-source models. Artificial Analysis gave Nemotron 3.5 Super VL a score of 26.5, ranking it first among U.S. open-source models, outperforming Nvidia’s earlier 550-billion-parameter Nemotron 3 Ultra (23 points) but still behind Xiaomi’s MiMo-V2.6-Pro (46 points). In Nvidia’s published SWE-bench Pro comparison, the new model’s pass rate stood at 51.78%, lower than Qwen3.8 Flash-Next’s 60.37%. Independent testing also exposed gaps between speed and reliability: Plotly evaluated the model on 43 data analysis questions, with the model answering 30 correctly, a median time of just 12 seconds per question, but missing all 3 data quality questions and 5 hidden pattern questions.

Bitcoin rebounds from its recent low, while previously strong cryptocurrencies have rallied rapidly, with NEAR surging nearly 10%.

After Bitcoin bottomed at $80,000 and rebounded, previously strong altcoins have posted notable gains overnight into this morning. According to HTX market data: NEAR is trading at $5.3281, up 9.9% over 24 hours; ZEC is at $1234.78, up 8.53% over 24 hours; PYTH is at $0.09335, up 10.5% over 24 hours, hitting a new high since last November; INJ is at $8.563, up 11.98% over 24 hours, also hitting a new high since last November.